The maize market size volume per capita in South Africa is forecasted to decline gradually from 95.67 kg in 2024 to 94.04 kg in 2028. Comparing actual data from 2023, which stood at 96.09 kg, the year-on-year percentage variations indicate a consistent decrease: -0.87% in 2024, -0.44% in 2025, -0.43% in 2026, -0.43% in 2027, and -0.41% in 2028. Over the last two years, the overall variation shows a declining trend. The CAGR over the past five years stands at approximately -0.53%. This consistently declining trend suggests a reducing per capita consumption of maize in the country.
Future trends to watch for include potential shifts in dietary preferences, economic factors impacting affordability and consumption, and potential innovations within agricultural practices that may influence supply and demand dynamics. Additionally, climate change and its impact on maize production could further influence market trends.
