Product Code: ETC170143 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India modified starch market import shipment demonstrated strong growth with a CAGR of 13.7% from 2020 to 2024. However, there was a slight slowdown in growth between 2023 and 2024, with a decrease in the growth rate by -4.0%. Overall, the market expanded significantly over the period, albeit with a slight deceleration in momentum towards the end.
The India modified starch market is expected to witness significant growth over the forecast period. This is due to increasing demand from end-use industries such as food and beverage, paper and board, pharmaceuticals, cosmetics, adhesives & sealants etc. Increasing health consciousness among consumers in India has also driven the demand for healthier alternatives such as modified starches. In addition, rising disposable income of consumers across all demographics has resulted in an increase in spending on convenience foods which require modified starches for production.
Some key factors driving the growth of the India modified starch industry include increasing consumption of convenience food products with longer shelf life; growing awareness about healthy eating habits; advancements in technologies used for producing modified starches; easy availability combined with competitive pricing of raw materials like corn and potato used for modifying starch; government initiatives encouraging foreign investments into the country`s agro-based industries including that of modified starch production etc.
There are some challenges faced by manufacturers operating within this sector including stringent quality control regulations governing their operations; high costs associated with setting up a new facility or upgrading existing ones to meet customer requirements; competition posed by imported versions of these products undercutting local producers` pricesetc. Additionally, there can be clashes between suppliers over pricing leading to instability within the supply chain network.
Some major players operating in the India Modified Starch Market include Cargill India Pvt Ltd., Agrima Industries Ltd., Jay Shree Sugars & Chemicals Ltd., Shiva Group Of Industries Pvt Ltd., Surya Food And Agro Limited (SFA) amongst others
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 Modified Starch Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Modified Starch Market Revenues & Volume, 2020 & 2030F |
3.3 India Modified Starch Market - Industry Life Cycle |
3.4 India Modified Starch Market - Porter's Five Forces |
3.5 India Modified Starch Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.6 India Modified Starch Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 India Modified Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience foods and ready-to-eat meals |
4.2.2 Growth in the food and beverage industry in India |
4.2.3 Rising awareness about health benefits of modified starch in food products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent government regulations regarding food additives |
4.3.3 Limited consumer awareness about modified starch products |
5 India Modified Starch Market Trends |
6 India Modified Starch Market, By Types |
6.1 India Modified Starch Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Modified Starch Market Revenues & Volume, By Source, 2020-2030F |
6.1.3 India Modified Starch Market Revenues & Volume, By Corn, 2020-2030F |
6.1.4 India Modified Starch Market Revenues & Volume, By Wheat, 2020-2030F |
6.1.5 India Modified Starch Market Revenues & Volume, By Cassava, 2020-2030F |
6.1.6 India Modified Starch Market Revenues & Volume, By Potato, 2020-2030F |
6.2 India Modified Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Modified Starch Market Revenues & Volume, By Food & Beverages, 2020-2030F |
6.2.3 India Modified Starch Market Revenues & Volume, By Animal Feed, 2020-2030F |
6.2.4 India Modified Starch Market Revenues & Volume, By Others, 2020-2030F |
7 India Modified Starch Market Import-Export Trade Statistics |
7.1 India Modified Starch Market Export to Major Countries |
7.2 India Modified Starch Market Imports from Major Countries |
8 India Modified Starch Market Key Performance Indicators |
8.1 Research and development investment in modified starch technologies |
8.2 Adoption rate of modified starch in different food applications |
8.3 Number of new product launches using modified starch |
8.4 Consumer acceptance and feedback on products containing modified starch |
9 India Modified Starch Market - Opportunity Assessment |
9.1 India Modified Starch Market Opportunity Assessment, By Source, 2020 & 2030F |
9.2 India Modified Starch Market Opportunity Assessment, By Application, 2020 & 2030F |
10 India Modified Starch Market - Competitive Landscape |
10.1 India Modified Starch Market Revenue Share, By Companies, 2023 |
10.2 India Modified Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |