Product Code: ETC4539865 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India starch derivatives market import shipment demonstrated strong growth with a CAGR of 13.7% from 2020 to 2024. However, the growth rate between 2023 and 2024 showed a slight decline of -4.0%, indicating a potential slowdown in the market expansion towards the end of the period.
The India starch derivatives market is expanding rapidly, driven by the diverse applications of starch-based ingredients in the food and beverage industry. Starch derivatives, including modified starches and sweeteners, serve as essential components in a wide range of food products. The market`s growth is fueled by the need for texture improvement, stability, and enhanced sensory properties in processed foods. Manufacturers are increasingly utilizing these derivatives to create innovative and convenient food products, catering to the dynamic tastes and preferences of India consumers.
The India starch derivatives market is witnessing growth driven by the thriving food and beverage industry, particularly in processed and convenience foods. Starch derivatives are widely used as thickening agents, stabilizers, and texturizers in various food products. With the increasing demand for processed and convenience foods, starch derivatives play a crucial role in enhancing product quality and shelf life. Moreover, the pharmaceutical and industrial sectors also rely on starch derivatives, contributing to the market`s expansion.
The India starch derivatives market faces challenges in ensuring a sustainable supply of raw materials, as it is dependent on agricultural crops like maize and cassava. Variability in crop yields due to weather conditions and market volatility in the agriculture sector can disrupt the supply chain. Additionally, the need for eco-friendly and clean-label products places pressure on manufacturers to innovate and find alternatives to conventional starch derivatives. Regulatory compliance, especially regarding labeling and safety standards, also poses a challenge in this sector.
The starch derivatives market saw shifts in demand due to changing consumer preferences. Some starch derivatives found increased use in the food industry, while others faced fluctuations.
The India starch derivatives market hosts several key players contributing significantly to the segment. Companies like Gujarat Ambuja Exports Limited, Cargill India Pvt. Ltd., Ingredion Incorporated, and Roquette India Pvt. Ltd. are among the prominent names. These entities are engaged in the production and distribution of various starch derivatives, catering to diverse industries including food, pharmaceuticals, and more. Their innovations and focus on quality have been instrumental in shaping the market`s growth and influencing its competitive landscape.
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 Starch Derivatives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Starch Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 India Starch Derivatives Market - Industry Life Cycle |
3.4 India Starch Derivatives Market - Porter's Five Forces |
3.5 India Starch Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Starch Derivatives Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 India Starch Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Starch Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience foods and processed food products in India |
4.2.2 Growth in the pharmaceutical industry leading to higher demand for starch derivatives for drug formulations |
4.2.3 Rising usage of starch derivatives in various industrial applications such as textiles, paper, and adhesives |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like corn and cassava impacting the production cost of starch derivatives |
4.3.2 Stringent government regulations related to food safety and quality standards affecting the market growth |
4.3.3 Competition from alternative ingredients like modified starches and synthetic chemicals |
5 India Starch Derivatives Market Trends |
6 India Starch Derivatives Market, By Types |
6.1 India Starch Derivatives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Starch Derivatives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Starch Derivatives Market Revenues & Volume, By Glucose Syrup, 2021-2031F |
6.1.4 India Starch Derivatives Market Revenues & Volume, By Modified Starch, 2021-2031F |
6.1.5 India Starch Derivatives Market Revenues & Volume, By Maltodextrin, 2021-2031F |
6.1.6 India Starch Derivatives Market Revenues & Volume, By Hydrolysates, 2021-2031F |
6.1.7 India Starch Derivatives Market Revenues & Volume, By Cyclodextrin, 2021-2031F |
6.2 India Starch Derivatives Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 India Starch Derivatives Market Revenues & Volume, By Corn, 2021-2031F |
6.2.3 India Starch Derivatives Market Revenues & Volume, By Cassava, 2021-2031F |
6.2.4 India Starch Derivatives Market Revenues & Volume, By Potato, 2021-2031F |
6.2.5 India Starch Derivatives Market Revenues & Volume, By Wheat, 2021-2031F |
6.3 India Starch Derivatives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Starch Derivatives Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 India Starch Derivatives Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 India Starch Derivatives Market Revenues & Volume, By Feed, 2021-2031F |
7 India Starch Derivatives Market Import-Export Trade Statistics |
7.1 India Starch Derivatives Market Export to Major Countries |
7.2 India Starch Derivatives Market Imports from Major Countries |
8 India Starch Derivatives Market Key Performance Indicators |
8.1 Research and development investment in new starch derivative products and applications |
8.2 Adoption rate of clean label and natural ingredient trends in food and pharmaceutical industries |
8.3 Utilization rate of capacity in starch derivative manufacturing facilities |
8.4 Percentage of revenue derived from value-added starch derivative products |
8.5 Number of strategic partnerships and collaborations for market expansion and product development |
9 India Starch Derivatives Market - Opportunity Assessment |
9.1 India Starch Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Starch Derivatives Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 India Starch Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Starch Derivatives Market - Competitive Landscape |
10.1 India Starch Derivatives Market Revenue Share, By Companies, 2024 |
10.2 India Starch Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |