India DDGS Market Research Report Information by Type (Corn, Wheat, Rice, Barley,& Blended Grains), by Form (Pellets, Powder, and Granules), by Application (Dairy Cattle Feed, Beef Cattle Feed, Swine Feed, Poultry Feed, and Aquaculture Feed), by Protein Percentage (Below 35%, 35% to 50%, and above 60%), and By Region (North, South, East, and West) Industry Forecast Till 2032
The Indian DDGS market was estimated to be worth USD 420.67 million in 2023. The DDGS market industry is expected to experience a compound annual growth rate (CAGR) of 6.17% from 2024 to 2032, culminating in a value of USD 717.81 million.
The trend toward sustainable methods is becoming more apparent in the Indian DDGS (Distillers Dried Grains with Solubles) industry. Efforts to minimize carbon emissions and maximize resource utilization in the ethanol production process, which produces DDGS, are being driven by environmental concerns. Indian farmers are implementing sustainable agricultural practices and utilizing more energy-efficient equipment, including the reduction of waste and the utilization of renewable energy sources. This modification not only enhances the overall sustainability of the DDGS supply chain but also reduces greenhouse gas emissions. Furthermore, the product's profile as a premium feed product is enhanced by a greater emphasis on enhancing the nutritional value of DDGS using sustainable feed ingredients.
Market Segmentation PerspectivesThe Dried Grains with Solubles (DDGS) market in India is segmented into five categories based on their type: maize, wheat, rice, barley, and blended grains.
Pellets, powder, and granules comprise the market, as determined by their form.
According to application, the India Distiller's Dried Grains with Solubles (DDGS) market has been segmented into five categories: aquaculture feed, poultry feed, swine feed, beef cattle feed, and dairy cattle feed.
According to the protein percentage, the India Distiller's Dried Grains with Solubles (DDGS) market has been segmented into three categories: below 35%, 35% to 50%, and beyond 60%.
Regional Perspectives India's dry grains with solubles (DDGS) market is segmented into four regions: North, South, East, and West. The North India region is anticipated to experience a compound annual growth rate (CAGR) of 6.36% during the forecast period, with a market share of 36.33% in 2023. States such as Uttar Pradesh, Punjab, and Haryana in North India are substantial contributors to the DDGS market due to their substantial dairy and poultry sectors, as well as their considerable potential for ethanol production. The demand for poultry products is on the rise due to urbanization and increasing affluence, which has resulted in a greater need for affordable and nutrient-dense feed substitutes. DDGS is an excellent substitute for conventional feed ingredients such as soybean meal, which are presently experiencing price fluctuations, due to its high protein and energy content. The region's post-COVID-19 resurgence in ethanol output has benefited the supply of DDGS. The reopening of ethanol plants has made this co-product more accessible and widely available to livestock producers.
Primary Players Prorich Agro Pvt Ltd. (India), Globus Spirits Ltd. (India), ADM (US), Cargill Incorporated (US), IFB Agro Industries Ltd. (India), Prodigy Foods (India), GSK Feeds (India), Nutrigo Feeds Pvt Ltd (India), and Nugen Feeds & Foods (India) are significant companies in the DDGS market.