Corn Global Market Supply Currently Estimated at 1133.7 Million MT, Says Beroe Inc

https://www.beroeinc.com/category-intelligence/corn-market/ https://www.beroeinc.com/category-intelligence/corn-market/ Beroe, which is based inNorth Carolina, further stated that procurement experts can access this report on its recently launched market intelligence platform Beroe LiVE: live.beroeinc.com The market for corn is being driven by its end-user applications after processing, namely sorbitol, the global market of which is growing by a CAGR of 3.6 percent, and corn...

https://www.beroeinc.com/category-intelligence/corn-market/

Beroe, which is based in North Carolina, further stated that procurement experts can access this report on its recently launched market intelligence platform Beroe LiVE: live.beroeinc.com

The market for corn is being driven by its end-user applications after processing, namely sorbitol, the global market of which is growing by a CAGR of 3.6 percent, and corn starch, with an expected market growth of CAGR of 4.8 percent. Feed and residual uses of corn account for 61 percent of the demand while food, seed, industrial applications for 39 percent of the demand. The global corn market is facing constraints in the form of rising prices, due to which suppliers are switching to other crops to use for animal feedstock.

Innovation plays a key role in the corn industry for developing new varieties for pest, insect, and disease resistance. End-use segments, like ethanol, polyols, and sweetener industries, also apply innovation for high profitability. Research is being conducted into the possibility of increasing HFCS production efficiency. For corn ethanol, the focus is to improve energy efficiency, reduce water use, and implement new technologies for low-cost operations. 

Key Findings:

The research methodology adopted for the report included:

The CBOT price is the global benchmark for international trade of corn and to this price, transport price and basis are added to arrive at the final price. Prices could trend upward by approximately 0-2 percent, owing to the unfavorable climatic condition during the planting season. A cost-saving of approximately 2-4 percent is possible with 3–6 months contracts as compared to spot buying.

The report also includes:

Market Analysis:

Industry Analysis:

Corn Processing Industry Analysis:

About Beroe Inc.:

Beroe's unique business model involves providing market intelligence and analytics to the procurement teams of businesses across the globe. Beroe leverages its deep domain expertise in 300 + categories across 14 industries. It boasts of more than 80 of the Fortune 500 companies as its clients.

To learn more about Beroe Inc, please visit http://www.beroeinc.com

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