| Product Code: ETC4596505 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India dry milling market import shipment demonstrated a modest compound annual growth rate of 0.5% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024, showing a decrease of 17.6%. This indicates a slowdown in market expansion towards the latter years of the period, suggesting a potential stabilization or contraction in the market.
The dry milling market in India is integral to the production of various agricultural products, including animal feed. Dry milling involves processing grains and other crops to obtain essential ingredients for feed formulation. With the expansion of the livestock and poultry sectors, the demand for processed and ready-to-use feed ingredients is increasing. The market is expected to experience growth as feed manufacturers and farmers seek efficient and high-quality dry-milled ingredients for animal nutrition.
The India dry milling market has witnessed significant growth, primarily driven by the increasing consumption of processed food products. The demand for dry milled products like flours, grains, and cereals is on the rise as these are essential ingredients in various food applications, including baking, snacks, and convenience foods. As urbanization continues to expand in India, there is a growing need for convenient and ready-to-eat food options, leading to higher demand for dry milled ingredients. Additionally, the trend toward healthier and gluten-free diets has spurred the demand for alternative flours, such as those made from pulses and ancient grains, which are produced through dry milling. Moreover, the food processing industry in India is maturing and becoming more sophisticated, with a need for high-quality, fine-milled ingredients to meet consumer expectations. This has driven investments in modern dry milling facilities and technology, further boosting the growth of the market.
The India dry milling market encounters various challenges. Dry milling is a critical step in producing various feed ingredients, but there may be issues related to the efficiency and consistency of milling processes. Inconsistent quality control and standards in the dry milling industry can affect the nutritional value of feed products. Access to advanced milling equipment and technology can also be limited, especially for small-scale feed manufacturers. To overcome these challenges, the market should focus on education, quality assurance, and technology adoption.
The dry milling market faced challenges related to the supply of raw materials, impacting the production of feed ingredients. Adaptations were made to ensure the continued supply of essential feed components.
In the India dry milling market, key players include Cargill Inc., Archer Daniels Midland Company, and Bunge Limited. These companies are involved in dry milling processes to produce various feed ingredients and co-products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Dry Milling Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Dry Milling Market Revenues & Volume, 2021 & 2031F |
3.3 India Dry Milling Market - Industry Life Cycle |
3.4 India Dry Milling Market - Porter's Five Forces |
3.5 India Dry Milling Market Revenues & Volume Share, By End Product, 2021 & 2031F |
3.6 India Dry Milling Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Dry Milling Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 India Dry Milling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for processed food products in India |
4.2.2 Growing population leading to higher consumption of grains and cereals |
4.2.3 Technological advancements in dry milling equipment and processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting profit margins |
4.3.2 Competition from traditional wet milling methods |
4.3.3 Regulatory challenges and compliance requirements |
5 India Dry Milling Market Trends |
6 India Dry Milling Market, By Types |
6.1 India Dry Milling Market, By End Product |
6.1.1 Overview and Analysis |
6.1.2 India Dry Milling Market Revenues & Volume, By End Product, 2021-2031F |
6.1.3 India Dry Milling Market Revenues & Volume, By Ethanol, 2021-2031F |
6.1.4 India Dry Milling Market Revenues & Volume, By DDGS, 2021-2031F |
6.1.5 India Dry Milling Market Revenues & Volume, By Corn Grits, 2021-2031F |
6.1.6 India Dry Milling Market Revenues & Volume, By Cornmeal, 2021-2031F |
6.1.7 India Dry Milling Market Revenues & Volume, By Corn Flour, 2021-2031F |
6.2 India Dry Milling Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Dry Milling Market Revenues & Volume, By Fuel, 2021-2031F |
6.2.3 India Dry Milling Market Revenues & Volume, By Food, 2021-2031F |
6.2.4 India Dry Milling Market Revenues & Volume, By Feed, 2021-2031F |
6.3 India Dry Milling Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 India Dry Milling Market Revenues & Volume, By Yellow Corn , 2021-2031F |
6.3.3 India Dry Milling Market Revenues & Volume, By White Corn, 2021-2031F |
7 India Dry Milling Market Import-Export Trade Statistics |
7.1 India Dry Milling Market Export to Major Countries |
7.2 India Dry Milling Market Imports from Major Countries |
8 India Dry Milling Market Key Performance Indicators |
8.1 Efficiency of dry milling process |
8.2 Adoption rate of advanced dry milling technologies |
8.3 Quality of output products |
8.4 Sustainability practices in dry milling operations |
8.5 Innovation in product development and diversification |
9 India Dry Milling Market - Opportunity Assessment |
9.1 India Dry Milling Market Opportunity Assessment, By End Product, 2021 & 2031F |
9.2 India Dry Milling Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Dry Milling Market Opportunity Assessment, By Source, 2021 & 2031F |
10 India Dry Milling Market - Competitive Landscape |
10.1 India Dry Milling Market Revenue Share, By Companies, 2024 |
10.2 India Dry Milling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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