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Corn rose to 399.78 USd/BU on July 23, 2025, up 0.13% from the previous day. Over the past month, Corn's price has fallen 3.96%, and is down 4.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on July of 2025.
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Global corn market size & share estimated to surpass USD 410.02 billion by 2032, to grow at a CAGR of 3.6% during the forecast period. The food & beverages segment held the majority share on account of growing food consumption and advancements in food processing techniques.
In 2022, the average price of one bushel of corn was around **** U.S. dollars. That year, the United States was the largest producer of corn in the world.
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The global corn market reached a volume of 1183.43 MMT in 2024. The market is projected to grow at a CAGR of 1.10% between 2025 and 2034, to reach a volume of around 1320.24 MMT by 2034.
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Graph and download economic data for Global price of Corn (PMAIZMTUSDQ) from Q1 1990 to Q1 2025 about corn, World, and price.
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The global preserved sweet corn market reached $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the global market reached the peak level in 2022 and is expected to retain growth in years to come.
This statistic shows the estimated value of the corn oil market worldwide in 2019, and a forecast figure for 2024. In 2019, the global corn oil market was valued at about *** billion U.S. dollars, and is forecast to reach nearly *** billion dollars by 2024.
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Graph and download economic data for Global price of Corn (PMAIZMTUSDM) from Jan 1990 to Jun 2025 about corn, World, and price.
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In recent years, the US corn farming industry has experienced volatile revenue largely driven by changes in corn prices, production levels and crop yields. Early in the current period, up through 2022, corn prices saw a significant increase, which resulted in considerable revenue growth for farmers. This increase was fueled by high demand for biofuels and animal feeds and limited global supplies. However, as production ramps up both domestically and internationally, the industry has begun to feel downward pressure on corn prices. Record yields have led to oversupply, driving prices downward and increasing market competition. While sectors like livestock agriculture and industrial production have supported demand, the surplus has outpaced consumption and kept prices lower, causing challenges for farmers trying to maintain profit as fertilizer and seed prices stay high. Industry revenue has grown at a CAGR of 1.9% to reach an estimated $66.9 billion after a decrease of 5.6% in 2025. On the international front, the US corn export market has demonstrated resilience despite reduced demand from China, driven by geopolitical tensions and China's shift toward agricultural self-sufficiency. Retaliatory tariffs have further strained this trade relationship, while increased corn production from South America has intensified global competition, impacting US market share. However, the Russia-Ukraine conflict has disrupted Ukrainian corn supplies, leading many countries to turn to the US as an alternative source. This shift has bolstered exports to Asian and Latin American markets, mitigating the decline from China. Reduced domestic demand for products like high fructose corn syrup due to health concerns has made international trade increasingly vital for balancing the US corn market. Corn prices will remain volatile in the coming years, influenced by fluctuating crude oil prices that impact ethanol production and growing international competition. Policy changes, such as ethanol mandates and evolving trade agreements, will reshape international demand, offering growth opportunities abroad if US farmers can adapt to new biofuel and market needs. Climate change is a significant concern, threatening yields due to heat stress and shifting precipitation and insect population patterns. To protect productivity, farmers will have to invest more in fertilizers, pesticides, irrigation technologies and drought-tolerant crops. Industry revenue is forecast to grow at a CAGR of 0.7% to reach $69.1 billion in 2030.
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Explore the growth potential of Market Research Intellect's report_name, valued at current_value in 2024, with a forecasted market size of forecast_value by 2033, growing at a CAGR of cagr_value from 2026 to 2033.
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The Corn Market size was valued at USD 305.32 billion in 2023 and is projected to reach USD 391.09 billion by 2032, exhibiting a CAGR of 3.6 % during the forecasts period. Corn which is also referred to as maize is a cereal grain which is being widely grown in the world today. It was initially cultivated in Mesoamerica and has since spread to many other regions across different continents where it is a major source of food. Corn is widely consumed as staple food and also an essential part of animal’s meal and produce biofuel. Other than corn, its derivatives can also be used for wide range of applications in food & beverages, pharmaceuticals, animal feed and other industrial applications. Growing demand of convenience and processed food due to busy lifestyle is expected to boost corn sweeteners and starch market as well as overall corn market. Recent developments include: In August 2023, Bayer has introduced biotech seeds ‘Deklab DK95R’ in Indonesia with the aim of boosting the country's corn production. , In April 2023, Origin Agritech Ltd., a Chinese agriculture technology company, announced its majority-owned joint venture agreement with Shihezi City in Xinjiang Province. The deal was made to allocate 13,300 hectares of farmland for cultivating Nutritionally Enhanced Corn (NEC). , In March 2023, Corteva Agriscience revealed its intentions to launch Vorceed Enlist corn products commercially. Vorceed Enlist corn incorporates three above-ground insect protection modes of action and three below-ground insect protection modes of action, including RNAi technology. .
The global corn export market was dominated by a handful of countries, with the United States in the lead. In the 2024/25 marketing year, the U.S. was expected to export about **** million metric tons of corn, accounting for about ********* of total corn exports worldwide. Other major producers include Brazil, Argentina, and Ukraine Global supply and demand Beyond its role as a global food source, corn serves as a versatile raw material for diverse industries. Its applications range from animal feed and ethanol production to the manufacturing of sweeteners, starches, cereals, beverages, and seeds. Worldwide corn production in 2022/23 reached over **** billion metric tons and was forecasted to slightly increase in 2023/24. This massive production is met with equally substantial demand, as global corn consumption is forecasted to reach nearly ** billion bushels in 2023/24.
U.S. dominance The United States produced nearly a third of the world's corn in 2023/24. The Corn Belt, a region in the U.S. Midwest, is the primary source of this production. Corn has been the dominant crop in this area since the 1850. The United States is expected to be the world's largest corn producer in 2023/2024, producing just under *** million metric tons. While China and Brazil are the second and third-largest producers, respectively
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The Maize Market Report is Segmented by Geography (North America, South America, Europe, Asia-Pacific, and Africa). The Report Analyzes Production (volume), Consumption (value and Volume), Import (value and Volume) and Export (value and Volume), and Price Trend Analysis of Maize Across the Globe. The Report Offers Market Size and Forecast in Terms of Value (USD) and Volume (metric Tons) for the Above-Mentioned Segments.
In 2024, Brazil was estimated to be the largest consumer of maize or corn in Latin America and the Caribbean, with a consumption volume of about 87.5 million metric tons. Ranking second was Mexico, with a consumption volume of about 48.5 million tons.
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Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars.
Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.
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Global Corn Market Share size & share value expected to touch USD 410.02 billion by 2032, to grow at a CAGR of 3.6% during the forecast period.
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The global roasted corn market size reached USD 2.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.2 Billion by 2033, exhibiting a growth rate (CAGR) of 4.67% during 2025-2033. The growing utilization as an animal feed for cattle, rising popularity of multigrain products due to their high nutritional value and increasing adoption of veganism are some of the major factors propelling the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 2.8 Billion |
Market Forecast in 2033 | USD 4.2 Billion |
Market Growth Rate (2025-2033) | 4.67% |
IMARC Group provides an analysis of the key trends in each segment of the global roasted corn market report, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on form, category, and application.
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For the third year in a row, the global frozen sweet corn market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
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Global Corn market size 2025 was XX Million. Corn Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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Explore the dynamics of the global corn market, influenced by agricultural production, weather conditions, livestock demand, and biofuel policies. Understand the role of major producers like the U.S., China, Brazil, and Argentina, and how innovations and trade tensions shape this vital commodity.
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Corn rose to 399.78 USd/BU on July 23, 2025, up 0.13% from the previous day. Over the past month, Corn's price has fallen 3.96%, and is down 4.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on July of 2025.