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The native starch market in India size reached 5.5 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 8.5 Million Tons by 2027, exhibiting a growth rate (CAGR) of 7.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Native starch is a polysaccharide present in staple food crops such as maize, potato, rice, etc. In India, it has traditionally been used to stiffen textiles, however, it is now being used for a number of food and non-food applications. In the food industry, it serves as a stabilizer and thickening agent, and is used in a variety of food products such as soups, sauces, gravies, puddings and pies. The non-food sector, on the other hand, is the biggest consumer of native starch where it is either used directly or after being modified to obtain specific functional properties.
The market for native starch is currently being driven by its expanding applications in both, the food and non-food sectors. In the food sector, it is used as a thickening agent and a stabilizer in a variety of products, such as custard, desserts, sauces, etc. On the other hand, the major non-food sectors where native starch is used include pharmaceuticals, cosmetics and paper.
IMARC Group provides an analysis of the key trends in each sub-segment of the native starch market in India report, along with forecasts at the country and state level. Our report has categorized the market based on end use and feedstock.
Breakup by Feedstock:
The report has segmented the Indian native starch market on the basis of types of feedstock used which includes corn, wheat and cassava.
Breakup by End Use:
Based on end use, the food industry currently accounts for the majority of the market share.
Breakup by Region:
The report has also analyzed the market on a regional basis covering all the major states of India. Amongst these, Maharashtra represents the largest market for native starch, accounting for the majority of the total consumption.
The competitive landscape of the industry has also been examined along with the profiles of the key players. Some of the major players are
This report provides a deep insight into the Indian native starch industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a native starch manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian native starch industry in any manner.
|Base Year of the Analysis||2021|
|Segment Coverage||End Use, Feedstock, State|
|States Covered||Andhra Pradesh, Bihar, Chhattisgarh, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal, Others|
|Companies Covered||Roquette Riddhi Siddhi Private Limited, Gujarat Ambuja Exports Limited, Sukhjit Starch & Chemicals Ltd., Sayaji Industries Limited and Universal Starch Chem Allied Ltd.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|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)|
The native starch market in India reached a volume of 5.5 Million Tons in 2021.
We expect the native starch market in India to exhibit a CAGR of 7.2% during 2022-2027.
The rising utilization of native starch across the food and non-food sector as a stabilizer and thickening agent for various food products such as soups, sauces, gravies, etc., is primarily driving the native starch market in India.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of native starch across the nation.
Based on the end use, the native starch market in India can be segmented into food, textile, paper, pharmaceuticals, and other industries. Currently, the food industry holds the majority of the total market share.
On a regional level, the market has been classified into Andhra Pradesh, Bihar, Chhattisgarh, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal, and others, where Maharashtra currently dominates the native starch market in India.
Some of the major players in the native starch market in India include Roquette Riddhi Siddhi Private Limited, Gujarat Ambuja Exports Limited, Sukhjit Starch & Chemicals Ltd., Sayaji Industries Limited, Universal Starch Chem Allied Ltd., etc.
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