South Africa Maize Market size was valued at around USD 2.93 billion in 2024 and is estimated to reach around USD 3.88 billion in 2030, with a CAGR of about 4.79% during the forecast period, i.e., 2025-30.
South Africa Maize Market Driver:
Maize as a Cost-Effective Feed Alternative Driving Market Demand in South Africa – In South Africa, the reliance on imported protein-rich raw materials for animal feed production has resulted in huge costs of feed-making manufacturing, particularly in the dairy sector. Some of the essential imports like sunflower oilcake and soybean meal for manufacturing processes have in the recent past recorded considerable hikes in their prices. This pressure is felt mostly by the producers in the dairy sector, owing to increased feed costs. Therefore, dairy producers have shifted towards qualities such as maize, which, based on past experiences, gives better returns.
Therefore, maize, abundantly available in South Africa, replaced other grains that were costly when it came to the production of feed. The readily available and relatively cheaper animal feed ingredient made maize a better alternative in the formulation of feeds compared to imported feeds. The change to maize-based diets also helped increase the use of local agricultural commodities.
In addition, this strategic change that has seen the grain take on a new dimension has also been anchored by increased efficiency in milk production despite a decline in the number of dairy farms in the country. Thus, as annual rates have shown in the previous years, the feed’s cost-efficient characteristic has made it possible for many dairy producers to employ the resource proactively, and it is projected that the use of maize will increase in the upcoming years. This evolving dynamic emerged as a key market driver for maize, offering a sustainable, locally sourced solution to South Africa’s animal feed challenges.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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South Africa Maize Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Maize Type
- White Maize- Market Size & Forecast 2020-2030F, USD Billion
- Yellow Maize- Market Size & Forecast 2020-2030F, USD Billion
- By Product Type
- Maize Meal- Market Size & Forecast 2020-2030F, USD Billion
- Maize Flour- Market Size & Forecast 2020-2030F, USD Billion
- Maize Porridge- Market Size & Forecast 2020-2030F, USD Billion
- Others (Maize Samp, Maize Rice, etc.) – Market Size & Forecast 2020-2030F, USD Billion
- By Application
- Human Consumption- Market Size & Forecast 2020-2030F, USD Billion
- Animal Feed- Market Size & Forecast 2020-2030F, USD Billion
- Industrial Uses- Market Size & Forecast 2020-2030F, USD Billion
- By Region
- East
- Central
- North
- South
- West
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Tiger Brands, Premier FMCG (Pty) Ltd., Pride Milling Company (Pty) Ltd., Brenner Brands (PTY) Ltd., Carolina Rollermeule, NWK Limited, Louis Dreyfus Company, Indlovu Milling, PANNAR (Pty) Ltd., Seed Co Limited, and others
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