Top 5 Corn suppliers based on Revenue

NAICS Code: 311221 : Wet corn milling

UNSPSC Code: 10151513: Corn seeds or seedlings

Corn Suppliers market overview

The demand from end-use industries, such as China's feed and citric acid markets, Canada's conversion to green fuels, and more domestic utilizations in most nations during the pandemic are the main drivers of the expansion. The worldwide output is projected to reach 1,216 MMT in 2021–2022. This year's market was particularly influenced by unfavorable weather conditions in important growing regions and the loss of Ukrainian grain exports. Several leading corn processors, including Cargill, ADM, and Ingredion, own between 70 and 80 per cent of the market. Due to concerns over the export of cargo across the Black Sea in the midst of high demand, corn prices have stayed stable and increased dramatically. Read more about the global market overview here.

Top Corn Suppliers

Archer Daniels Midland (ADM)

The Archer-Daniels-Midland Company, also known as ADM, is a global American business that was established in 1902 and has its corporate headquarters in Chicago, Illinois.

Key Strengths

• Research and development centres that spread globally along with advanced laboratories and pilot plants

• The e-ADM platform enables customers to automate monitoring of inventories, cost optimisation, and search for products and ingredients

Cargill Inc.

Founded in Wilmington, Delaware, and with headquarters in Minnetonka, Minnesota, Cargill, Incorporated is a privately held American multinational food conglomerate. It was established in 1865 and has the highest revenue of any privately held company in the US.

Key Strengths

• Experienced and established player in the industry of food ingredients

• Trusted by established food manufacturers to enhance brand trust

Ingredion Inc.

A worldwide American ingredient manufacturer with headquarters in Westchester, Illinois, Ingredion Incorporated primarily produces starches, non-GMO sweeteners, stevia, and pea protein.

Key Strengths

• Experienced and established player in the industry of food ingredients

• Trusted by established food manufacturers to enhance brand trust

Tate & Lyle Plc

Tate & Lyle PLC is a multinational provider of ingredients for food and beverages to industrial sectors with its headquarters in Britain. It started out as a company that refined sugar, but starting in the 1970s, it began to diversify. In 2010, it sold its sugar business.

Key Strengths

NA

Roquette Freres

The starch that is taken from maize, wheat, potatoes, and peas is used by Roquette, a family-owned business with headquarters in France, to make more than 650 by-products.

Key Strengths

NA