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Argentina Corn Market Report and Forecast 2025-2034

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    Report

  • 192 Pages
  • February 2025
  • Region: Argentina
  • Expert Market Research
  • ID: 6053035
According to this report, the Argentina corn market size is projected to grow at a CAGR of 5.20% between 2025 and 2034. Aided by the increasing demand for corn and its by-products, alongside the country’s role as a leading global exporter, the market is expected to grow significantly by 2034.

Corn, also known as maize, is one of the most important agricultural products in Argentina. The country has a long history of corn cultivation, and it remains a key part of its agricultural and economic landscape. Argentina is the third-largest corn exporter in the world, following the United States and Brazil, and its vast, fertile plains make it an ideal location for corn production. This crop is essential to Argentina’s agriculture due to its versatility, wide range of uses, and global demand.

The country’s expansive agricultural land, coupled with a favourable climate, creates optimal conditions for corn cultivation. Additionally, Argentina’s position as one of the world’s largest exporters of corn provides a solid foundation for continued market growth. The global demand for corn, particularly from emerging markets in Asia and Africa, is another vital driver for the Argentina corn market expansion. As an essential commodity for food, livestock feed, and biofuels, corn plays a critical role in global food security.

In the domestic market, corn is widely used in animal feed, which accounts for a significant portion of its production. The livestock sector also accounts for a major portion of the Argentina corn market share, with corn being a staple feed for cattle, poultry, and swine. This contributes significantly to the country’s meat exports, especially beef, which is a major export product. The corn used in animal feed is vital to produce high-quality meat, boosting both domestic consumption and export potential.

Several trends are shaping the Argentina corn market dynamics. One of the prominent trends is the increasing use of corn in biofuel production. Argentina has been expanding its biofuel industry, particularly in the production of ethanol from corn, which is blended with gasoline to reduce emissions and provide a renewable energy source. The growing global push towards sustainable energy and cleaner fuels is expected to drive the demand for corn in this sector.

Additionally, Argentina is witnessing innovations in corn farming technologies. The adoption of precision farming techniques, advanced irrigation systems, and genetically modified (GM) corn varieties are improving yield efficiency and sustainability. These advancements not only enhance productivity but also help mitigate the impact of climate change on corn crops, thereby creating a favourable Argentina corn market outlook.

Despite its strengths, the Argentina corn market faces some challenges that may impact its growth. One of the most significant challenges is the fluctuating global prices of corn. While Argentina is a leading exporter, the volatility of global commodity prices can affect the profitability of corn cultivation and export. Furthermore, political instability and changes in agricultural policies in Argentina can influence the market, as regulatory changes could impact trade agreements, subsidies, or export tariffs.

Another challenge facing the Argentina corn market development is the environmental impact of large-scale corn production. Intensive farming practices can lead to soil degradation, water scarcity, and increased pesticide use, which may raise concerns about the sustainability of corn cultivation in the long term. Efforts to promote sustainable farming practices and reduce environmental footprints will be key in addressing these challenges.

The Argentina corn market analysis presents several growth opportunities in the coming years. The rising demand for plant-based food products globally presents a significant opportunity for Argentina’s corn industry. Corn is used extensively in food products such as snacks, beverages, and sweeteners, and as more consumers shift towards plant-based diets, the demand for these products is expected to increase.

Furthermore, the growing trend of healthy eating and the demand for gluten-free products is increasing the Argentina corn market revenue. Corn-based products, such as corn flour and cornmeal, are increasingly popular in gluten-free food manufacturing, offering an opportunity for growth in this segment.

Finally, Argentina’s role as a key player in the global biofuels industry, particularly in ethanol production, provides further growth prospects. As governments and industries continue to focus on renewable energy, the demand for ethanol, made from corn, is expected to rise, further boosting Argentina’s export potential.

The Argentina corn market value is set for substantial surge in the coming years, driven by the country’s robust agricultural foundation, key exports, and evolving trends in biofuels and food production. While challenges such as price volatility and environmental concerns remain, the market’s strong growth drivers and opportunities for innovation will support its continued expansion. Argentina’s role as a global leader in corn production ensures its significant contribution to the global agricultural landscape, and the market’s future looks promising.

Market Segmentation

The market can be divided based on product and application.

Market Breakup by Product

  • Organic
  • Conventional

Market Breakup by Application

  • Food and Beverages
  • Animal Feed
  • Ethanol Production
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Corn Market Overview
5.1 Key Industry Highlights
5.2 Latin America Corn Historical Market (2018-2024)
5.3 Latin America Corn Market Forecast (2025-2034)
5.4 Latin America Corn Market Breakup by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Others
6 Argentina Corn Market Overview
6.1 Key Industry Highlights
6.2 Argentina Corn Historical Market (2018-2024)
6.3 Argentina Corn Market Forecast (2025-2034)
7 Argentina Corn Market by Product
7.1 Organic
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Conventional
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Argentina Corn Market by Application
8.1 Food and Beverages
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Animal Feed
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Ethanol Production
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyers Powers
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
1 Value Chain Analysis
11 Trade Data Analysis (HS Code: 15)
11.1 Major Importing Countries
11.1.1 By Volume
11.1.2 By Value
11.2 Major Exporting Countries
11.2.1 By Volume
11.2.2 By Value
12 Price Analysis13 Key Trends and Developments in the Market

Methodology

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Table Information