India Starch Market Overview, 2028

India Starch Market Overview, 2028


India is a significant player in the global starch manufacturing industry, with a thriving sector that caters to various domestic and international demands. Starch, a carbohydrate derived primarily from sources like maize, wheat, and cassava, serves as a vital ingredient in various industries, including food processing, pharmaceuticals, textiles, and paper production. India's starch manufacturing industry has witnessed consistent growth due to its diverse agro-climatic conditions and the availability of raw materials. The country boasts numerous starch manufacturing units spread across different regions, each specializing in producing starch from various sources. Maize starch, in particular, is a prominent product of the Indian starch industry, driven by the abundant maize production in states like Andhra Pradesh, Karnataka, and Maharashtra. Additionally, wheat starch and cassava starch are also produced in significant quantities. The per capita consumption of starch in India is 120 kg per year. This is equivalent to about 400 grams per day. The total consumption of starch in India is about 360 million tons per year.

According to the research report ""India Starch Market Overview, 2028,"" published by Bonafide Research, the India Starch market is expected to grow with more than 4.47% CAGR from 2023 to 2028. The India starch market is experiencing remarkable expansion, exhibiting a substantial CAGR within the Asia Pacific region. This growth can be attributed to a multitude of factors that are driving the demand for starch-based products in India. One key factor is the burgeoning food and beverage industry in the country, where starch is extensively used as a thickening and stabilizing agent in various products. The rising population and changing dietary preferences have fueled the need for processed foods, further boosting the demand for starch. The Asia Pacific region's overall economic growth and India's strategic geographical location have made it a hub for starch manufacturing and distribution, not only catering to domestic requirements but also exporting to neighboring countries. This regional market expansion is further enhanced by the adoption of sustainable and eco-friendly production practices in line with global trends. India's import and export of starch involve various countries around the world, reflecting the nation's participation in the global starch trade. When it comes to imports, India primarily sources starch and starch products from countries like Thailand, Indonesia, Vietnam, and the United States. Thailand is a significant supplier, exporting various types of starch, including tapioca starch, to India. Indonesia and Vietnam also contribute significantly to India's starch imports, with their cassava-based starch products being in high demand. The United States is another key source of imported starch, particularly maize starch, which is utilized in various industrial applications. On the export front, India exports starch products to countries across the Asia-Pacific region and beyond. Neighboring countries like Bangladesh, Sri Lanka, and Nepal are important destinations for Indian starch exports. These countries rely on India for a consistent supply of starch products, given their proximity and economic ties. Additionally, Indian starch manufacturers export to countries in the Middle East, Europe, and Africa, where starch finds applications in various industries such as food processing, pharmaceuticals, textiles, and paper production.

The India starch market exhibits a notable segmentation based on the type of starch, primarily categorized into Native and Derivatives of Starch. Currently, Derivatives of Starch hold the leading position in this market. As consumer awareness of health and sustainability continues to rise, the native starch market is expected to benefit from this shift in preferences. Manufacturers are exploring ways to harness the inherent qualities of native starch to create innovative and healthier food formulations. This growing consumer demand for clean label and naturally sourced ingredients presents a promising growth trajectory for the native starch segment in the India starch market.In the India starch market, derivatives of starch are further categorized into several types, including Glucose syrup, Modified starch, hydrolysates, Maltodextrin, and cyclodextrin. Among these categories, Glucose syrup takes the lead by holding the largest market share, followed by Modified starch and other types. Glucose syrup, with its diverse range of applications, stands as the dominant category in the India starch market. It is widely used in the food and beverage industry as a sweetening agent, texturizer, and for its ability to control crystallization in confectionery products.Modified starch is the second-largest category, following closely behind Glucose syrup. Modified starches are highly versatile and find applications across multiple industries, including food, pharmaceuticals, and textiles. Other types of starch derivatives, such as hydrolysates, Maltodextrin, and cyclodextrin, also play essential roles in various sectors. Hydrolysates, for instance, are utilized in the pharmaceutical industry for their solubility and digestibility properties. Maltodextrin is prized in the food industry as a filler, thickener, and bulking agent. Cyclodextrin has applications in the pharmaceutical and cosmetic industries due to its ability to encapsulate and stabilize active ingredients. In conclusion, the India starch market's derivatives segment showcases a diverse range of starch-based products, each catering to specific industry needs. While Glucose syrup takes the lead in terms of market share, Modified starch and other starch types also play crucial roles, demonstrating the adaptability and versatility of starch-based derivatives across various sectors in India.

The Indian starch market exhibits a noteworthy segmentation based on the source of starch production, encompassing a variety of raw materials, including Corn, Cassava/Tapioca, Wheat, Potatoes, Waxy Maize, and others like pregelatinized starch, rice bran, sweet potato, pea, and more. Among these sources, Corn stands out as the dominant player, holding a substantial share in the market. Corn starch, derived from maize, is a versatile ingredient used in a wide range of applications, making it a preferred choice for many industries, including food, pharmaceuticals, and textiles. While Corn starch is the market leader, it's essential to note that other sources also contribute significantly to the overall growth of the India starch market. Cassava and Tapioca-based starch products, for instance, are valued for their gluten-free properties and are widely used in food processing, particularly in snacks and gluten-free products. Wheat starch is another prominent source that finds application in various food products and as a thickening agent in gravies and sauces.

Potato starch, recognized for its excellent thickening and binding properties, is utilized in food items like soups, sauces, and gluten-free baked goods. Waxy maize starch, with its unique characteristics, serves as a critical component in certain industrial applications, such as adhesives and coatings. Furthermore, the other sources like pregelatinized starch, rice bran, sweet potato, and pea starch, contributes to the market's diversity. These alternative sources are gaining importance, particularly in the context of catering to specific dietary needs and niche markets.

In the Indian starch market, the diverse range of applications serves as a pivotal factor in shaping the demand and utilization of starch-based products. The market is segmented into several sectors, each with its unique requirements and contributions. Among these sectors, the food and beverage industry emerge as the dominant force, significantly influencing the market dynamics. Starch and starch derivatives are extensively used in this sector for various purposes, including thickening, stabilizing, gelling, and enhancing texture in a wide array of food products. Starch finds applications in products such as sauces, soups, baked goods, dairy products, snacks, and confectionery items. With India's growing population, changing dietary preferences, and increasing demand for processed foods, the food and beverage industry continues to drive substantial demand for starch-based ingredients. Apart from the food and beverage sector, the Indian starch market also caters to other industries. The industrial sector utilizes starch in applications like adhesives, foundry applications, and more. The weaving and textile industry relies on starch for sizing and finishing textiles. Starch is a vital component in animal feed formulations, providing nutrition and acting as a binding agent. The paper industry utilizes starch in papermaking for surface sizing and enhancing paper quality. Additionally, starch finds applications in pharmaceuticals and cosmetics, especially in drug formulation and cosmetic products.

The Indian starch market is a testament to the versatility of this essential ingredient, with multifaceted functions that cater to a wide range of industries. Starch plays a pivotal role as a thickening agent, serving as the dominant application within the market. Its ability to increase the viscosity of liquids makes it invaluable in a variety of culinary creations and industrial processes. In the food and beverage industry, for instance, starch is commonly used to achieve the desired consistency in soups, sauces, gravies, and desserts, providing consumers with the texture they expect. Following closely as another key function is starch's role as a stabilizing agent. Starch helps maintain the uniformity and consistency of products, preventing ingredients from separating or settling during storage. This stabilizing function is crucial in industries like dairy, where it ensures the smooth texture of products like yogurt and pudding. Beyond thickening and stabilizing, starch serves as a binding agent, aiding in the cohesion and structure of food products and pharmaceutical tablets. It also acts as a gelling agent, creating the characteristic textures in jams, jellies, and gummy candies. Additionally, starch functions as a film-forming agent, creating edible coatings on items like confectionery and pharmaceutical pills. Finally, it plays a role as an emulsifying agent, facilitating the mixing of substances that would typically separate, as seen in salad dressings and mayonnaise.

Considered in this report:
• Geography: India
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• India Starch market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type:
• Native
• Derivative
• Glucose syrup
• Modified
• hydrolysates
• Maltodextrin
• cyclodextrin

By Source:
• Corn
• Cassava/Tapioca
• Wheat
• Potatoes
• waxy Maize
• Others (Waxy Maize, Pregelatinized Starch, Rice Bran, Sweet potato, Pea etc)

By Application:
• Food and Beverage
• Industrial
• Weaving & textile
• Animal Feed
• Paper Industry
• Pharmaceuticals & cosmetics
• Others (adhesives, foundry)

By Function:
• Thickening Agent
• Stabilizing Agent
• Binding Agent
• Gelling Agent
• Film-Forming Agent
• Emulsifying Agent

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Starch Market industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.


1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. India Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. India Starch Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Type
6.3. Market Size and Forecast By Source
6.4. Market Size and Forecast By Application
6.5. Market Size and Forecast By Function
7. India Starch Market Segmentations
7.1. India Starch Market, By Type
7.1.1. India Starch Market Size, By Starch Derivatives, 2017-2028
7.1.2. India Starch Market Size, By Native, 2017-2028
7.2. India Starch Market, By Source
7.2.1. India Starch Market Size, By Corn, 2017-2028
7.2.2. India Starch Market Size, By Cassava/Tapioca, 2017-2028
7.2.3. India Starch Market Size, By Wheat, 2017-2028
7.2.4. India Starch Market Size, By Potatoes, 2017-2028
7.2.5. India Starch Market Size, By Waxy Maize, 2017-2028
7.2.6. India Starch Market Size, By Others, 2017-2028
7.3. India Starch Market, By Application
7.3.1. India Starch Market Size, By Food and Beverage, 2017-2028
7.3.2. India Starch Market Size, By Industrial, 2017-2028
7.3.3. India Starch Market Size, By Weaving & textile, 2017-2028
7.3.4. India Starch Market Size, By Animal Feed, 2017-2028
7.3.5. India Starch Market Size, By Paper Industry, 2017-2028
7.3.6. India Starch Market Size, By Pharmaceuticals & cosmetics, 2017-2028
7.3.7. India Starch Market Size, By Others, 2017-2028
7.4. India Starch Market, By Function
7.4.1. India Starch Market Size, By Thickening Agent, 2017-2028
7.4.2. India Starch Market Size, By Stabilizing Agent, 2017-2028
7.4.3. India Starch Market Size, By Binding Agent, 2017-2028
7.4.4. India Starch Market Size, By Gelling Agent, 2017-2028
7.4.5. India Starch Market Size, By Film-Forming Agent, 2017-2028
7.4.6. India Starch Market Size, By Emulsifying Agent, 2017-2028
8. India Starch Market Opportunity Assessment
8.1. By Type, 2023 to 2028
8.2. By Source, 2023 to 2028
8.3. By Application, 2023 to 2028
8.4. By Function, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
List of Figures
Figure 1: India Starch Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Type
Figure 3: Market Attractiveness Index, By Source
Figure 4: Market Attractiveness Index, By Application
Figure 5: Market Attractiveness Index, By Function
Figure 6: Porter's Five Forces of India Starch Market
List of Table
Table 1: Influencing Factors for India Starch Market, 2022
Table 2: India Starch Market Size and Forecast By Type (2017, 2022 & 2028F)
Table 3: India Starch Market Size and Forecast By Source (2017, 2022 & 2028F)
Table 4: India Starch Market Size and Forecast By Application (2017, 2022 & 2028F)
Table 5: India Starch Market Size and Forecast By Function (2017, 2022 & 2028F)
Table 6: India Starch Market Size of Starch Derivatives (2017 to 2028) in USD Million
Table 7: India Starch Market Size of Native (2017 to 2028) in USD Million
Table 8: India Starch Market Size of Corn (2017 to 2028) in USD Million
Table 9: India Starch Market Size of Cassava/Tapioca (2017 to 2028) in USD Million
Table 10: India Starch Market Size of Wheat (2017 to 2028) in USD Million
Table 11: India Starch Market Size of Potatoes (2017 to 2028) in USD Million
Table 12: India Starch Market Size of Waxy Maize (2017 to 2028) in USD Million
Table 13: India Starch Market Size of Others (2017 to 2028) in USD Million
Table 14: India Starch Market Size of Food and Beverage (2017 to 2028) in USD Million
Table 15: India Starch Market Size of Industrial (2017 to 2028) in USD Million
Table 16: India Starch Market Size of Weaving & textile (2017 to 2028) in USD Million
Table 17: India Starch Market Size of Animal Feed (2017 to 2028) in USD Million
Table 18: India Starch Market Size of Paper Industry (2017 to 2028) in USD Million
Table 19: India Starch Market Size of Pharmaceuticals & cosmetics (2017 to 2028) in USD Million
Table 20: India Starch Market Size of Others (2017 to 2028) in USD Million
Table 21: India Starch Market Size of Thickening Agent (2017 to 2028) in USD Million
Table 22: India Starch Market Size of Stabilizing Agent (2017 to 2028) in USD Million
Table 23: India Starch Market Size of Binding Agent (2017 to 2028) in USD Million
Table 24: India Starch Market Size of Gelling Agent (2017 to 2028) in USD Million
Table 25: India Starch Market Size of Film-Forming Agent (2017 to 2028) in USD Million
Table 26: India Starch Market Size of Emulsifying Agent (2017 to 2028) in USD Million

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