Global Organic Corn Market - 2023-2030

Global Organic Corn Market - 2023-2030

Market Overview

The global organic corn market reached US$ 1.11 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 1.58 billion by 2030. The market is expected to exhibit a CAGR of 15.6% during the forecast period (2023-2030).

The global organic corn market is expected to grow significantly over the forecast period due to the increasing demand for organic food products, rising consumer awareness about the benefits of organic products, and favorable government policies promoting organic farming practices. It is a good source of antioxidants and the maize kernels are a good source of carotenoids antioxidants, which helps to boost the immune system. With the gradual growth and innovation, the organic corn market is expected to continue the expansion during the forecast period.

Market Dynamics

The robust demand for organic products

Consumers are becoming increasingly health-conscious and are seeking food products that are perceived to be healthier and more nutritious. Organic products are often viewed as healthier because there is an absence of synthetic pesticides, fertilizers, and genetically modified organisms (GMOs). Another reason for the high demand is the awareness of consumers about the negative impacts of conventional farming practices on the environment, including soil degradation, water pollution, and climate change. Consumers are also concerned about their safety and are looking for organic options. These factors are expected to result in increasing demand for organic products.

The increasing advancement of the technology

Many areas of agriculture are being affected by the technology in agriculture such as fertilizers, pesticides, and seed technology. The increasing advancement of technology is helping in reducing input costs, increasing efficiency, and improving sustainability. Technology that is applied to the organic corn market through the use of precision farming methods, includes GPS-enabled equipment and remote sensing drones. These technologies enable farmers to gather detailed information about soil conditions, crop growth, and weather patterns, allowing them to make more informed decisions about planting, fertilization, and pest management. Thus, technology is improving sustainability and making the industry more competitive and sustainable for farmers and agribusiness.

COVID-19 Impact Analysis

The COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it to pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global organic corn market is segmented based on form, application, end-use, and region.

The rising usage of organic corn flour

The demand for organic corn flour as a wheat flour substitute is being driven by a number of reasons, which include the increased popularity of gluten-free and organic foods. Moreover, the demand for organic baked goods is increasing due to the rising health and wellness concerns of consumers. Organic corn flour is perceived as healthier and more sustainable than conventional corn flour due to the absence of synthetic pesticides and fertilizers. The demand for organic corn flour is likely to be higher due to its versatility and use in a wide range of food products.

Geographical Analysis

The growing consumption of organic products in Asia Pacific region

The organic corn market has a high demand in Asia Pacific region due to the increasing health and wellness concerns among consumers. The Asia Pacific region has a large population and a growing middle class with higher disposable incomes, leading to an increase in consumer spending on healthier and more sustainable food products. The increasing urbanization and westernization of diets are also driving the demand for organic corn and other organic food products.

The Asia Pacific region is also home to several large corn-producing countries such as India, China, and Indonesia, which have the potential to meet the growing demand for organic corn in the region. According to U.S.D.A., the average production of corn in the last 5 years in India was 30,122 tons. This makes it easier for local farmers to transition to organic farming practices and meet the demand for organic corn.

Competitive Landscape

The major global players in the market include Bradner Farms, Scratch, Johnny’s Selected Seeds, SK Food International, Anson Mills, La Milanaise, Sunora Foods, Peck Feeds, Albert Lea Seed, and Grain Millers Inc.

Why Purchase the Report?
• To visualize the global organic corn market segmentation based on form, application, end use and region understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous organic corn market-level data points all for segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping is available in Excel consisting of key products of all the major players.

The global organic corn market report would provide approximately 53 tables, 49 figures, and 102 pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies