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Maize: Most Produced Cereal in the World

Maize, also known as corn, is a tall grass that produces cereal grain. It is the most produced cereal in the world. It is a staple food for humans and is used in animal feed and as raw material in various industries. Maize is mainly used for animal feed and industrial applications.

What are the uses of maize?

Maize has multiple uses, and as explained earlier that it is mainly used as a key ingredient in the animal feed industry and in industrial applications. However, it is used for other sources as well:

• Human Consumption: Breads, Snacks, Cereal, Beverages, Oil, Starch, Sweeteners, Corn Syrup, etc. 
• Industrial Applications: Paper Manufacturing, Textile, Medicines, Adhesives, etc. 
• Animal Feed
• Biofuel: Ethanol

What is the global demand and market size of maize? 

The maize market is witnessing fluctuations due to multiple factors such as growing consumer demand for non-genetically modified maize, which has led to an increase in the cost of organically produced maize. Due to climatic conditions, the maize fields are being significantly affected, which is forcing the producers/farmers to produce genetically modified maize. 

Despite these factors, the maize industry has a gradual growth:

• 2024: US$148.69 billion
• 2025: US$154.93 billion
• 2033: US$ 215.32 billion
• CAGR 2025-2033: 4.2%

Source: Market Data Forecast- Maize Market (2025-2033)

What is the demand for maize in India?

The Indian corn market was valued at US$ 1.46 billion in 2024 and is expected to grow with a CAGR of 7.8% valued at US$ 2.3 billion in 2030. 

Key Market Drivers

• Increase in use of Animal Feed: The corn/maize industry is expected to meet an upward trend in terms of demand due to the rising demand in the utilization of poultry, livestock, and dairy products.  
• Rise in demand for Ethanol: The Indian market and the initiatives by the government are encouraging a shift towards sustainable energy sources, and the demand for corn-based ethanol is expected to rise sharply. 
• Increase in the use of corn in the Food Processing Industry: Knowing the fact that maize is a versatile crop, and due to its versatility, it is not just limited to being consumed directly as food. Its role has evolved in the food processing sector as sweetener, starch, oil, beverages etc.  

Maize as a profitable business for buyers

Maize is a high-volume, high-demand crop with relatively low production costs. Buyers can profit in several ways:

• Low purchase cost: Current maize price in India ranges between INR 18 to INR 26 per kg, depending on region and quality.
• Diversified demand: Food, animal feed, ethanol, and industrial applications.
• Export opportunities: Due to favorable agro-climatic conditions and government support, maize export from India is highly viable.
• Mechanization: Use of machines like the maize sheller machine boosts profitability by reducing processing costs.

If you are interested in buying maize, here is the list of Maize Suppliers

Top Verified Maize Exporters & Manufacturers Worldwide

Conclusion 

Maize, being the most widely used product worldwide, makes it the best product to invest in if you’re planning to start your own D2C or B2B business. There are various versatile by-products of maize that can be a great business opportunity for businesses leading to high margins and long-term trade relationships, and profitability. 

Frequently Asked Questions

1. What is the maize price in India today?
It ranges from INR 18 to INR 26 per kg, depending on the region and quality.

2. What is the maize price per kg in the international market?
As of 2024, it averages around USD 0.30 to 0.40 per kg, depending on demand and shipping conditions.

3. Which is the largest producer of maize in India?
Karnataka holds the top spot in maize production in India.

4. What is the HS Code for maize?
The HS Code for maize is 11042300

5. What documents are required to import maize from India?

• Commercial Invoice: Issued by the exporter.
• Packing List
• Bill of Lading / Airway Bill
• Certificate of Origin
• Phytosanitary Certificate
• Fumigation Certificate
• Inspection Certificate (if required)
• Import License (if applicable)
• Insurance Certificate
• Proforma Invoice & Sales Contract