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Maize (Corn) Products in India (Starch, Glucose, Dextrose, Sorbitol) Trends, Opportunities, Market Analysis and Forecasts (Upto 2030-31)

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Maize (Corn) Products in India (Starch, Glucose, Dextrose, Sorbitol) Trends, Opportunities, Market Analysis and Forecasts (Upto 2030-31)

Author: NPCS Team
Format: Paperback
ISBN: 9789381039359
Code: NI264
Pages: 90
Price: Rs. 70,800.00   US$ 2,400.00

Published: 2024
Usually ships within 4 days

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According to our study, the consumption of maize (corn) in India was 29.5 million tonnes in 2022-23 and is expected to reach 41.23 million tonnes by 2030-31 with a CAGR of 4.23% during the forecast period 2023-24 to 2030-31. The growth of the market is attributed to the easy availability of maize (corn) and its wide range of applications in various industries such as food and beverage, pharmaceutical, animal feed, textile industry, paper industry, and others. Additionally, the growth of poultry and dairy industries, heavily rely on corn for high-quality and cost-effective animal feed. Additionally, the increasing exports of corn products, including cornmeal and cornmeal oil, rise in the use of maize in the textile industry as an adhesive in the size mixes to strengthen warp yarn and improve its resistance to abrasion during weaving and in finishing, and surging demand for corn-based ethanol fuel contribute to the demand for maize (corn) in India.
The research report highlights the growth potential of the Indian maize (corn) market. Maize (corn) is expected to show enormous growth in the future market in India. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the maize (corn) market in India.
Maize (Botanical name: Zea Mays L) is one of the oldest cultivated crops in the world. It is also one of the most important cereal crops globally and in India it is the third most important crop after rice and wheat. Maize, also known as corn, is a versatile crop grown over a range of agro climatic zones. In fact, the suitability of maize to diverse environments is unmatched by any other crop and even every part of the maize plant has economic value: the grain, leaves, stalk, tassel, and cob can all be used to produce a large variety of food and non-food products.
Maize has varied uses in India, varying from feed to industrial products. The crop is primarily, 47% is used as poultry feed. Of the rest of the produce, 13% is used for livestock feed and food purposes each, 12% for industrial purposes, 14% for starch industry, 7% for processed food, and 6% for export and other purposes.
Bluecraft Agro Pvt. Ltd., Charoen Pokphand Seeds (India) Pvt. Ltd., Gujarat Ambuja Proteins Ltd., Gurudeo Exports Corpn. Pvt. Ltd., National Cereals Products Ltd., Radhekrishna Extractions Pvt. Ltd., Roquette India Pvt. Ltd., Sahyadri Starch & Inds. Pvt. Ltd., Shanthi Feeds Pvt. Ltd., Signet Excipients Pvt. Ltd., Sukhjit Starch & Chemicals Ltd., Vijay Seeds Co. Pvt. Ltd., Vijaynagar Bio-Tech Pvt. Ltd., and Vitarich Agro Food (India) Ltd. are the key players in the India maize(corn) market. These manufacturers account for about 30-40% of the total India maize (corn) market and rest of market share is occupied by others key manufacturers.
Domestic production of maize (corns) was 35.91 million tonnes in 2022-23 and is estimated to reach 48.70 million tonnes by 2030-31 with a CAGR of 3.12% during the period, 2023-24 to 2030-31.
Key Features:
The report on India’s maize (corn) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the maize (corn) market. It may include historical data, domestic consumption, domestic production, and total imports.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of maize(corn) is the burgeoning use of maize (corn) in India’s food processing industry, heightened use of corn in animal feed and booming starch industry. It can also highlight the opportunities such as the government has introduced policies to promote maize (corn) production by providing subsidies, research and development support, and incentives for farmers.
Competitive Landscape: The research report provides analysis of the competitive landscape within the India’ maize (corn) market. It includes profiles of key players, their market share, investment analysis, and product offerings.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the maize (corn) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the maize (corn) industry in India. This includes projections of market size, growth rates, production growth rates, domestic consumption growth rate and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Maize (corn) market.
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bluecraft Agro Pvt. Ltd.
Charoen Pokphand Seeds (India) Pvt. Ltd.
Gujarat Ambuja Proteins Ltd.
Gurudeo Exports Corpn. Pvt. Ltd.
National Cereals Products Ltd.
Radhekrishna Extractions Pvt. Ltd.
Roquette India Pvt. Ltd.
Sahyadri Starch & Inds. Pvt. Ltd.
Shanthi Feeds Pvt. Ltd.
Signet Excipients Pvt. Ltd.
Sukhjit Starch & Chemicals Ltd.
Vijay Seeds Co. Pvt. Ltd.
Vijaynagar Bio-Tech Pvt. Ltd.
Vitarich Agro Food (India) Ltd
Key Questions Addressed in this Report
What is the 7-Year Outlook for the India’s Maize (Corn) Market?
What Factors are Driving Maize (Corn) Market in India?
How do Maize (Corn) Market Opportunities Vary by end User Industry?

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2.1.1 Increasing Use of Maize (Corn) in the Food Processing Industry
2.1.2 Increasing Use of Corn in Animal Feed
2.1.3 Easy Booming Starch Industry
2.1.4 Surge in Export of Maize (Corn) Products
2.1.5 Rise in Demand for Maize in Textile Industry
2.2.1 Rising Demand for Corn-Based Ethanol Fuel
2.2.2 Emergence of Contact Farming
2.3.1 Strengths Abundant Raw Material Numerous Application of Maize (corn) in India Demand for Animal-Based Protein Sources
2.3.2 Weaknesses Lack of modern technology
2.3.3 Opportunities Rising Disposable Income and Spending Rapid Pace of Urbanization Advances in Genetic Modification
2.3.4 Threats Stiff Competition Among Local Players
2.4.1 Machinery for starch plant
2.4.2 Machinery for liquid glucose and dextrose plant
2.4.3 Machinery for Sorbitol Plant
3.1 Demand
3.2 Supply
3.3 Export-Import of Maize
4.2 Bluecraft Agro Pvt Ltd.
4.4 Charoen Pokphand Seeds (India) Pvt.Ltd.
5.1.1 Registered office address Maize Processing Companies
5.1.2 Director’s Name Maize Processing Companies
5.2.1 Plant Locations Maize Processing Companies
5.2.2 Raw Material Consumption Maize Processing Companies
5.2.3 Plant Capacity & Sales Maize Processing Companies
5.3.1 Assets Maize Processing Companies
5.3.2 Liabilities Maize Processing Companies
5.3.3 Growth in assets & liabilities Maize Processing Companies
5.3.4 Income & Expenditure Maize Processing Companies
5.3.5 Growth in Income & Expenditure Maize Processing Companies
5.3.6 Profits Maize Processing Companies
5.3.7 Liquidity Ratios Maize Processing Companies
5.3.8 Profitability Ratios Maize Processing Companies
5.3.9 Return Ratios Maize Processing Companies
5.3.10 Working Capital & Turnover Ratios Maize Processing Companies
Figure 1 Top Maize producing countries in the world, 2022-23
Figure 2 Consumption pattern of maize in India
Figure 3 India’ Gross Value Added (GVA) By Food Processing Industries at Current Prices (RS. in Lakh Crore), 2012-2021
Figure 4 India’s Export of Maize(corn) in Million Tons, 2016-2024
Figure 5 India’s textile and apparel industry in India (USD billion)
Figure 6 Production of Maize in India (2020-24, In Million Tonnes)
Figure 7 State wise area under maize in India in 2022-23 and 2023-24 ( In Lakh Acres)
Figure 8 India's Annual Per Capita Income (2014-15 to 2022-23, In INR)
Figure 9 Urban Population of (% of Total Population) of India, 2015-2022
Figure 10 Domestic Consumption of Maize in India (2007-16, In Million Tonnes)
Figure 11 Domestic Consumption of Maize in India (2016-31, In Million Tonnes)
Figure 12 Production of Maize in India (2007-16, In Million Tonnes)
Figure 13 Production of Maize in India (2016-31, In Million Tonnes)
Figure 14 Import-Exportof Maize in India (2015-16 to 2023-24, In Million Tonnes)
Figure 15 Sukhjit Starch & Chemicals Ltd- Shareholding Pattern (March 2023)
Figure 16 Sukhjit Starch & Chemicals Ltd- Revenue distribution by Business Segment (March 2023)
Figure 17 Bluecraft Agro Pvt Ltd. - Shareholding Pattern (Mar 2022)
Figure 18 GAEL- Shareholding Pattern (March 2023)
Figure 19 GAEL- Revenue distribution (March 2023)
Figure 20 Charoen Pokphand Seeds (India) Pvt.Ltd - Shareholding pattern (March 21)
Table 1 Machinery for starch plant
Table 2 Machinery for liquid glucose & dextrose plant
Table 3 Machinery for sorbitol plant
Table 4 Capacity in Maize processing industry
Table 5 Sukhjit Starch & Chemicals Ltd- Plant locations (March 2023)
Table 6 Sukhjit Starch & Chemicals Ltd- Financial Summary (2022-23)
Table 7 Bluecraft Agro Pvt Ltd. - Plant locations (March 2022)
Table 8 Bluecraft Agro Pvt Ltd. - Financial summary (2018-22)
Table 9 GAEL- Financial summary (2021-23)
Table 10 Charoen Pokphand Seeds (India) Pvt.Ltd - Plant locations (March 2021)
Table 11 Charoen Pokphand Seeds (India) Pvt.Ltd -Financial Summary (March 2017-21)

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