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Corn Farming in Canada Industry Data and Analysis
In the current period, the corn industry has experienced modest revenue growth at a CAGR of 1.2% since 2020, reaching $3.3 billion, despite a contraction of 7.2% in 2025. The industry's initial growth through 2022 has been tempered since then by a global corn glut that has exerted significant downward pressure on prices. Amid this oversupply, Canadian corn yields have reached record highs, particularly in Eastern Canada, due to improved hybrids and agronomy practices. This has kept corn supplies plentiful, contributing both to the global glut and providing critical support to the domestic market. Meanwhile, domestic demand remains robust, driven by steady consumption in the food and industrial sectors, including ethanol and starch processing. However, feed use for corn has seen strong fluctuations due to variable livestock dynamics.
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What's included in this industry analysis
IBISWorld's research coverage on the Corn Farming industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.
About this industry
What's this industry report about?
The Corn Farming industry in Canada operates under the NAICS industry code 11115CA. Corn farmers primarily grow corn and produce corn seeds. Corn commonly refers to the grains or kernels of Zea mays, a tall annual cereal grass. Corn is a staple food in many parts of the world and is also a key input in the production of biofuel, sweeteners, oil and other products. Sweet corn is not included in this industry. Related terms covered in the Corn Farming industry in Canada include biofuel, ethanol and genetically modified (gm).
What's included in this industry?
Products and services covered in Corn Farming industry in Canada include Corn for grain, Corn for silage and Corn seeds.
What companies are included in this industry?
The Corn Farming industry in Canada is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Corn Farming industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Corn Farming industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Corn Farming industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Corn Farming industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Corn Farming industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Corn Farming industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Corn Farming industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Corn Farming industry in Canada.
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Frequently Asked Questions
What is the market size of the Corn Farming industry in Canada in 2026?
The market size of the Corn Farming industry in Canada is $3.3bn in 2026.
How many businesses are there in the Corn Farming industry in Canada in 2025?
There are 5,475 businesses in the Corn Farming industry in Canada, which has grown at a CAGR of 0.4 % between 2020 and 2025.
How may import tariffs affect the Corn Farming industry in Canada?
The Corn Farming industry in Canada is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
How may export tariffs affect the Corn Farming industry in Canada?
The Corn Farming industry in Canada is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
Has the Corn Farming industry in Canada grown or declined over the past 5 years?
The market size of the Corn Farming industry in Canada has been growing at a CAGR of 1.2 % between 2020 and 2025.
What is the forecast growth of the Corn Farming industry in Canada over the next 5 years?
Over the next five years, the Corn Farming industry in Canada is expected to grow.
What does the Corn Farming industry in Canada include?
Growing varieties of corn (except sweet corn) and Producing corn seeds are part of the Corn Farming industry in Canada.
How competitive is the Corn Farming industry in Canada?
The level of competition is moderate and steady in the Corn Farming industry in Canada.
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