The India corn starch market size reached 7.90 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 9.30 Million Tons by 2033, exhibiting a growth rate (CAGR) of 1.60% during 2025-2033. The rising demand for convenience foods, expanding industrial applications, increasing usage in bio-based products, government support for maize production, and advancements in starch processing technologies are strengthening the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | 7.90 Million Tons |
Market Forecast in 2033 | 9.30 Million Tons |
Market Growth Rate 2025-2033 | 1.60% |
Surge in Corn-Based Ethanol Production
India's strategic focus on sustainable energy has driven a surge in corn-based ethanol production, significantly impacting the corn starch market. In January 2024, the government revised its ethanol procurement policy to prioritize corn over traditional sugarcane sources, aiming to diversify production and mitigate the environmental impact of sugarcane cultivation. This shift has led to a sharp rise in domestic corn demand, with imports projected to reach 1 million tons in 2024—marking a transition from India’s past status as a net exporter. Additionally, to meet its ethanol blending target of 20% in gasoline by 2025-26, up from the current 13%, India will require over 10 billion liters of ethanol, doubling production from the previous year. Corn-based ethanol is expected to be a key contributor to this expansion. However, this growing demand for ethanol is redirecting corn supply away from the corn starch industry, potentially leading to supply constraints, price increases, and the need for efficiency improvements or alternative sourcing strategies in the starch sector.
Growing Demand from the Pharmaceutical Sector
India's expanding pharmaceutical industry is driving significant growth in the corn starch market. Corn starch is essential in tablet formulations, serving as a disintegrant, binder, and filler to enhance medication dissolution and bioavailability. The demand for pharmaceutical-grade corn starch is growing due to increasing healthcare awareness, expanded manufacturing capacities, and greater investments in research and development (R&D). India's pharmaceutical industry has drawn significant foreign direct investment (FDI), with equity inflows reaching $21.22 billion between April 2000 and December 2022, representing approximately 3% of the country's total FDI across every sector. This influx of investment underscores the industry's growth potential and its escalating demand for essential raw materials like corn starch. As pharmaceutical production continues to rise, the demand for high-quality excipients is expected to surge, further propelling the growth of the corn starch market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on category and application.
Category Insights:
The report has provided a detailed breakup and analysis of the market based on the category. This includes native starch, modified starch, and sweeteners.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes food & beverages, animal feed, pharmaceuticals & chemicals, textile, paper & corrugates, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million Tons |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Categories Covered | Native Starch, Modified Starch, Sweeteners |
Applications Covered | Food & Beverages, Animal Feed, Pharmaceuticals & Chemicals, Textile, Paper & Corrugates, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |