Global Corn Silk Market Report and Forecast 2024-2032

Global Corn Silk Market Outlook

The global corn silk market is being aided by the growing production of corn. The global corn production is expected to attain a volume of 43731 million bushels between 2020 and 2021, while the global corn consumption is projected attain a volume of nearly 44690 million bushels during the same period. During 2024-2032, the global corn supply is projected to expand at a CAGR of 5.3%.

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The Robust Corn Production to Bolster the Corn Silk Market Growth

The corn is one of the most versatile and ubiquitous crops grown around the world. The United States is the leading corn producing country and accounts for nearly 36% of the total corn production across the globe. The United States is followed by China and Brazil. The increase in corn production across different parts of the world is leading to the easier availability of corn silk, which is considered a waste material obtained during corn cultivation. Hence, the abundance of raw material is expected to aid the corn silk market growth.

North America is expected to be one of the significant markets for the product in the forecast period. The industry has a lot of potential to grow as the utilisation of corn silk extract is new in a lot of countries. The growing awareness regarding the health benefits of the extract will help the industry expand in the coming years.

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Corn Silk: Market Segmentation

Corn silk, also known as Stigma maydis, is the long, thread-like fibre that grows as part of ears of corn. This silky fibre is either light green or yellow-brown in colour. It serves as an important herb and has been in use for centuries in traditional Chinese and Native American medications. In traditional herbal medicinal practices, it is used to treat a variety of ailments like heart disease, prostate disorders, malaria, and urinary tract infections (UTIs). Owing to its therapeutic efficacy, corn silk extracts are also used in the preparation of tea or dietary supplements.

Based on type, the market is bifurcated into:

• Fresh 
• Dried

On the basis of form, the industry can be segmented into:

• Liquid
• Powder

Based on application, the market is categorised into:

• Pharmaceuticals 
• Dietary Supplements 
• Teas 
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rising Health Awareness to Support the Corn Silk Market Growth

The rising health awareness among consumers coupled with the growing shift towards natural products is pushing the growth of the corn silk industry forward. The growth will be higher in the regions with high corn production capacity as it will facilitate easy accessibility of the corn silk extracts. Due to the growing prevalence of various life related disorders, there has been an increased demand for the product. Other factors like escalating disposable incomes, thriving retail sector, rising demand for dietary supplements, and growing pharmaceutical industry are propelling the industry forward.

Owing to the rising awareness regarding the use of corn silk and growing R&D activities, the demand for the product will further grow in the coming years. This is expected to have a positive effect on the expansion of the industry.

Key Industry Players in the Global Corn Silk Market

The report gives a detailed analysis of the following key players in the global corn silk market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Bristol Botanicals Limited  
• Nutra Green Biotechnology Co. Ltd 
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report