MILLET MAIZE ETHANOL #FoodIndustry

As global demand for animal feed and food products continues to rise, the sector is expected to remain a vital contributor to economic growth and food security.

y 2031, the global rapeseed market is poised to be more technologically advanced, sustainable, and integrated across multiple industries, reinforcing its importance in the global agricultural and energy sectors.

The Asia-Pacific wheat market is on a growth trajectory, supported by technological innovation, rising consumption, and strategic trade expansion.

The Vietnam millet flour market is set to witness steady growth between 2025 and 2031, driven by rising consumer awareness about health, nutrition, and gluten-free alternatives.

Maintain a steady upward consumption trend, despite slower volume growth compared with previous years. See increasing structural value contributions, with refined products and higher-priced imports helping lift overall market revenue.

China remains the largest consumer and producer, accounting for roughly 44% of regional consumption and output. India is the leading exporter, supplying more than three-quarters of the region’s maize starch exports. Malaysia and Indonesia are the top importers, contributing to a rebound in import volumes in 2024 after several years of decline.

China and India continue to be the dominant contributors, bolstered by strong milling industries and cost‑competitive supply chains, while nations in Southeast Asia are rapidly increasing their share of the market.