South Africa Maize Market Insight – Top Companies, Segment, and Demand Analysis – 2030

 


The South Africa Maize Market report provides a detailed analysis of the market's current state, key players, emerging trends, and future growth prospects. The report is divided into several sections, each focusing on different aspects of the market, such as market size, geographical shares, competitive landscape, and market dynamics.

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South Africa Maize Market Key Points and Findings (2024-2030)

South Africa Maize Market Overview: -

South Africa Maize Market size was valued at around USD 2.85 billion in 2023 and is estimated to reach around USD 3.84 billion in 2030, with a CAGR of about 4.42% during the forecast period, i.e., 2024-30. The South Africa Maize Market has been experiencing steady production growth and is marked with a 6.0% annual growth in the production of the cereal for human consumption during the 2020-2021 cropping season, according to the Crop Estimates Committee (CEC). This growth has ensured that maize has become the leading field crop and the main staple carbohydrate crop in South Africa today. Holding the largest maize production in the continent, South Africa has huge yields from its prime farming areas, such as the North West, Free State, Mpumalanga Highveld, and KwaZulu-Natal Midlands areas.

Regional Analysis:

  • East
  • Central
  • North
  • South
  • West

Top 10 Industry Competitors: South Africa Maize Market

  • > 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

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Market Segmentation:

By Maize Type

 > White Maize- Market Size & Forecast 2019-2030F, USD Million

 > Yellow Maize- Market Size & Forecast 2019-2030F, USD Million

By Product Type

 > Maize Meal- Market Size & Forecast 2019-2030F, USD Million

 > Maize Flour- Market Size & Forecast 2019-2030F, USD Million

 > Maize Porridge- Market Size & Forecast 2019-2030F, USD Million

 > Others (Maize Samp, Maize Rice, etc.) - Market Size & Forecast 2019-2030F, USD Million

By Application

 > Human Consumption- Market Size & Forecast 2019-2030F, USD Million

 > Animal Feed- Market Size & Forecast 2019-2030F, USD Million

 > Industrial Uses- Market Size & Forecast 2019-2030F, USD Million

South Africa Maize Market Dynamics:

Key Factor Driving Market–

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. For instance,

  • In 2021, according to SAFEX, White Maize prices decreased by 5% when compared to the previous year, while sunflower seed prices and wheat prices increased by 28% and 27%, respectively.

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.

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Frequently Asking Questions (FAQ’s):

  • Which companies lead the South Africa Maize Market
  • How will current trends shape the market in the coming years? 
  • What opportunities, challenges, and driving forces characterize the South Africa Maize Industry? 
  • Which specific South Africa Maize market segments should industry competitor target to capitalize on recent technological advancements? 
  • What is the projected growth rate of the South Africa Maize market?

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