 | • レポートコード：D0-MOR-AP1481 • 出版社/出版日：Mordor Intelligence / 2020年4月 • レポート形態：英文、PDF、100ページ • 納品方法：Eメール（受注後2-3営業日） • 産業分類：農業 |
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Asia Pacific Maize Market is projected to grow at a CAGR of 4.3% during the forecast period (2020-2025). The maize acreage has increased continuously over the last decade due to strong government-supported policies to achieve self-sufficiency through domestic production and reducing imports. The rapid increase in the livestock industry and commercial animal feed sector is driving the market for maize in the region.
Key Market Trends
Increasing Demand for Maize as Animal Feed Protein Source
The rapid increasing demand from regional poultry and cattle industry as well as commercial animal feed is driving the market growth for corn in the region. In India, most of the commercial feed caters to poultry and aqua farms, where maize is one of the primary ingredient in their animal feed. In China, maize is predominantly used for animal feed. The rapid increase in demand for China’s livestock products in the region and across the world as further stimulated the growth commercial feed industry where, corn is used as one of the major animal feed protein source. According to FAO, In 2018 the total meat production in the country is reported to be 88.15 million tons as compared to its production of 86.77 million tons in 2016. With an increase in demand for corn in the regional animal feed industry, the market for corn is projected to grow during the forecast period.
Favorable Government Policies Supporting the Market Growth
Corn is one of the major crops grown in Asia-Pacific. China, India, Indonesia, and the Philippines are the major producers of corn in the region. The increasing demand for maize in the livestock feed sector and human food consumption has resulted in a trade deficit and depends on imports to meets its demand. In order to achieve self-sufficiency, the regional governments are coming up with proactive policies that boost domestic corn production in the region. The Chinese government has adopted a direct payment corn subsidy policy by allocating USD 4.51 billion to farmers in four provinces in northeastern China. In India, the government is providing Minimum Support Prices (MSPs) to promote domestic corn production. With an increase in government policies supporting regional corn production, the market growth for corn is expected to increase during the forecast period.
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1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
5 MARKET SEGMENTATION
5.1 By Country
5.1.1 India
5.1.1.1 Production Analysis
5.1.1.2 Consumption Analysis (Volume and Value)
5.1.1.3 Import Market Analysis (Volume and Value)
5.1.1.4 Export Market Analysis (Volume and Value)
5.1.1.5 Price Trend Analysis
5.1.2 China
5.1.2.1 Production Analysis
5.1.2.2 Consumption Analysis (Volume and Value)
5.1.2.3 Import Market Analysis (Volume and Value)
5.1.2.4 Export Market Analysis (Volume and Value)
5.1.2.5 Price Trend Analysis
5.1.3 Indonesia
5.1.3.1 Production Analysis
5.1.3.2 Consumption Analysis (Volume and Value)
5.1.3.3 Import Market Analysis (Volume and Value)
5.1.3.4 Export Market Analysis (Volume and Value)
5.1.3.5 Price Trend Analysis
5.1.4 Philippines
5.1.4.1 Production Analysis
5.1.4.2 Consumption Analysis (Volume and Value)
5.1.4.3 Import Market Analysis (Volume and Value)
5.1.4.4 Export Market Analysis (Volume and Value)
5.1.4.5 Price Trend Analysis
5.1.5 Rest of Asia-Pacific
5.1.5.1 Production Analysis
5.1.5.2 Consumption Analysis (Volume and Value)
5.1.5.3 Import Market Analysis (Volume and Value)
5.1.5.4 Export Market Analysis (Volume and Value)
5.1.5.5 Price Trend Analysis
6 MARKET OPPORTUNITIES AND FUTURE TRENDS