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Starch, Glucose, Dextrose and Sorbitol are maize products covered in this report.
The report starts with a brief on the global scenario of maize and then proceeds to analyze the Indian scenario. The report provides an overview on Maize as a crop giving information about its soil suitability, sowing seasons and the types of maize that are produced in the nation. Maize 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. The suitability of maize to diverse environments is unmatched by any other crop and even every part of the maize plant has economic value: It further explains the ways by which maize can be processed and the byproducts after such processes.
Maize can be processed by two ways: Dry Milling and Wet Milling.
Dry milling of maize produces corn meal, grits, germ and animal feed and Research report priyagold history milling produces starch, gluten and husk. The report provides detailed analysis of the industry by covering areas like growth drivers, trends in the industry as well as the SWOT analysis of the industry.
Growth in the consumption of maize products will be majorly driven by the starch segment. Starch industry is often termed as sunrise sector of the nation apparently because of its widespread applicability across various industries.
Maize starch in India is used relentlessly in paper, textile, pharma and food industry. The growth in these consumer industries will evidently be felt in the starch sector also. The report elucidates important numbers and forecasts of the consumer industries for better understanding.
Also rising demand from the poultry sector will drive the volumes for maize products. One of the trends that have been experienced in the industry is the innovative use of corn starch. Applications of corn starch are not just limited to the industries mentioned above; it has found its relevance in products like bags and car parts.
Usage of corn starch bags is rising in India on the back of it being bio-degradable and hence environment friendly. They can also handle more weight and have longer shelf life. Corn starch is also being used in manufacturing of car parts to enhance the car safety aspects.
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Other trends are emergence of corn oil as an edible oil and also production of ethanol from corn. The report enhances your understanding of the market by giving detailed SWOT analysis. Growing population of India coupled with unavoidable usage of maize products in various industries keeps demand high.
Abundant availability of its key raw material i. Maize in the country is an added advantage for the industry.
Indian production of maize in could reach 25 million tonnes owing to adequate monsoon which may trigger higher acreage across growing states.
India with its huge population base and low consumption levels offers a massive opportunity for the starch companies to capture.
And since most of the starch in India is produced by maize, maize processing companies have sufficient pie of the market to capture. Growing urbanization, changing consumer preferences and rising disposable incomes are another bunch of opportunities for the incumbents.
The industry however is faced with challenges like growing competition in the sector and raw material fluctuations.PRIYAGOLD - Free download as Word Doc .doc /.docx), PDF File .pdf), Text File .txt) or read online for free.
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