印度淀粉及淀粉衍生物：市占率分析、产业趋势、统计及成长预测（2025-2030）

预计到 2025 年，印度淀粉及淀粉衍生物市场规模将达到 34.5 亿美元，到 2030 年将达到 41.2 亿美元，年复合成长率为 7.34%。

成长的驱动因素包括：乙醇掺混政策带来的玉米需求增加；食品饮料产业对洁净标示改质淀粉的需求日益增长；以及一次性塑胶禁令实施后，政府政策转向淀粉基生质塑胶塑胶。同时，製药业的扩张（环糊精可改善药物传输）和电商包装产业（淀粉黏合剂取代合成黏合剂）也进一步提升了商机。关键的推动因素包括：印度一体化的玉米供应链；政府设定的到2025年2月实现17.98%乙醇掺混率的目标；以及为满足潜在淀粉需求而对新型聚乳酸（PLA）计划进行的持续投资。然而，玉米价格波动、基因改造生物（GMO）相关的品质审查以及湿磨产能有限等因素，在短期内将对净利率构成压力，凸显了原料避险和製程改进的必要性。

印度淀粉及淀粉衍生物市场趋势与洞察

整合丰富的国内玉米供应链

根据美国农业部海外农业局的报告，预计印度2024/25年度的玉米产量将达到3,700万吨。如此强劲的玉米产量为淀粉生产商带来了战略优势。整合国内供应链不仅降低了印度对进口的依赖，还能带来成本优势，尤其是在全球玉米价格波动的情况下。印度约14%的玉米产量用于淀粉生产，这为该产业的扩张奠定了坚实的基础。政府的「数位农业计画」等倡议极大地促进了这一领域的发展，该计画旨在透过技术整合实现农业现代化。此外，包括仓储和加工设施收穫后基础设施的进步也加强了供应链。这些发展不仅提高了农业生产力，也使国内生产商在与依赖进口的竞争对手的较量中占据优势，从而促进淀粉製造业的长期成长。

洁净标示改质淀粉的需求激增

根据美国农业部预测，到2025-2026财年，印度食品加工业的规模将达到5,350亿美元，而向「洁净标示」产品的转变正在改变这一行业。注重健康的都市区消费者越来越倾向选择天然改质淀粉来替代合成添加剂。根据《食品配料第一》杂誌报道，企业目前正大力采用改性淀粉体系来改善食品的质地和口感，并优先考虑「洁净标示」配方。交联淀粉尤其因其在加工食品中优异的稳定性和功能性优势而成为热门选择，其对逆变性和冻融循环的抵抗力尤为出色。食品生产商采用这些改性淀粉不仅是为了符合监管标准，也是为了维持产品质量，从而推动了烘焙、乳製品和方便食品领域的持续需求成长。

由于乙醇挪用增加，玉米价格出现波动

印度从玉米出口国转变为净进口国，导致玉米价格剧烈波动。受乙醇需求推动，玉米价格飙升至每公担27.35美元，乙醇每年消耗600万至700万吨玉米。此次价格上涨直接影响淀粉生产商的原料成本，对采购能力较弱的小型生产商打击尤为严重。为因应这些挑战，印度政府正考虑以较低的关税进口基改玉米以缓解供不应求。然而，监管部门的核准时间表仍不明朗。同时，鸡肉生产商呼吁免关税进口玉米，凸显了整个供应链面临的压力及其对淀粉产业竞争力的影响。由于玉米成本占许多淀粉衍生物生产成本的60%至70%，因此这种价格波动为生产商的计画制定带来了巨大挑战。因此，企业不得不采取复杂的避险策略，或将增加的成本转嫁给下游客户。

细分市场分析

到2024年，原淀粉将占40.34%的市场份额，这主要得益于其成本优势以及在食品加工和工业领域的广泛应用。另一方面，改性淀粉是成长最快的细分市场，预计到2030年将以8.02%的复合年增长率成长。这种快速成长主要由一些特殊应用推动，这些应用需要增强功能特性，例如提高稳定性、改善质地以及符合洁净标示标准。淀粉衍生物，例如葡萄糖浆和麦芽糊精，在乙醇和食品加工行业的需求都很旺盛。特别是葡萄糖浆，受益于政府强制要求与乙醇混合的政策。

这些细分市场的发展凸显了印度淀粉产业格局的演变。虽然传统天然淀粉在纺织和造纸行业中已占据一席之地，但市场正显着转向用于製药和特殊食品的高附加价值改性淀粉产品。交联淀粉因其在加工食品中的稳定性而日益受到青睐。同时，正如RSC Pharm所强调的，环糊精衍生物在药物传递系统的应用也日益广泛。高果糖玉米糖浆（HFCS）和糊精虽然满足了特定市场的需求，但却难以与天然甜味剂竞争，这反映出消费者正在转向「洁净标示」产品。

到2024年，玉米将占据62.34%的市场份额，这主要得益于印度作为世界第四大玉米产区的地位，以及集中在古吉拉突邦、旁遮普邦和马哈拉斯特拉邦的强大的湿磨加工基础设施。马铃薯淀粉是成长最快的细分市场，预计到2030年将维持8.55%的复合年增长率。这一增长主要得益于其优异的功能特性以及在医药辅料和特种食品领域日益增长的应用。小麦淀粉将继续保持其在传统用途方面的稳定需求，而木薯淀粉则满足了对特定黏度特性有特殊要求的工业需求。

淀粉来源多元化凸显了製造商在价格波动担忧下，为管理风险、降低对单一来源的依赖所做的努力。例如，Anil Limited 营运着印度最大的玉米湿磨厂之一，日产能达 550 吨，展现了其在玉米加工领域的规模优势。此外，人们也在探索其他淀粉来源，例如稗草淀粉，因为它们具有永续性和独特的理化性质，但其商业性扩充性仍有限。

其他福利：

• Excel格式的市场预测（ME）表
• 3个月的分析师支持

目录

第一章 引言

• 研究假设和市场定义
• 调查范围

第二章调查方法

第三章执行摘要

第四章 市场情势

• 市场概览
• 市场驱动因素
  • 整合丰富的国内玉米供应链
  • 洁净标示改质淀粉的需求激增
  • 电子商务对纸张和包装淀粉的需求
  • 政府的乙醇掺混计画促进了葡萄糖浆的生产。
  • 淀粉基生质塑胶的出现，使其成为一次性塑胶的替代品
  • 印度药物递送系统中环糊精的应用
• 市场限制
  • 由于乙醇挪用增加，玉米价格出现波动
  • 由于含有基因改造成分，人们对产品品质表示担忧。
  • 小型湿磨机限制了品质的一致性。
  • 一次性塑胶替代品推广应用方面的监管不确定性
• 供应链分析
• 监理展望
• 波特五力模型
  • 新进入者的威胁
  • 买方/消费者的议价能力
  • 供应商的议价能力
  • 替代品的威胁
  • 竞争对手之间的竞争

第五章 市场规模与成长预测

• 按类型
  • 天然淀粉
  • 改性淀粉
  • 淀粉衍生物
    • 葡萄糖浆
    • 高果糖玉米糖浆（HFCS）
    • 麦芽糊精
    • 糊精
    • 其他的
• 按来源
  • 玉米
  • 小麦
  • 木薯
  • 其他的
• 按形式
  • 粉末
  • 液体
• 透过使用
  • 食品/饮料
  • 製药
  • 个人护理及化妆品
  • 动物饲料
  • 纤维
  • 纸张和纸板
  • 其他的

第六章 竞争情势

• 市场集中度
• 策略趋势
• 市场排名分析
• 公司简介
  • Archer Daniels Midland Company
  • Cargill Inc.
  • Ingredion Incorporated
  • Gulshan Polyols Ltd
  • Tirupati Starch & Chemicals Ltd
  • Sukhjit Starch & Chemicals Ltd
  • Gayatri Bio Organics Ltd
  • Universal Starch Chem Allied Ltd
  • Sahyadri Starch & Industries Pvt Ltd
  • Gujarat Ambuja Exports Ltd
  • Bluecraft Agro Pvt Ltd
  • Angel Starch & Food Pvt Ltd
  • RVP Starch Pvt Ltd
  • Spac Starch Products（India）Ltd
  • Shalom Sales Indore
  • Roquette Freres SA
  • Tate & Lyle PLC
  • Tereos Syral
  • Avebe UA
  • BASF-SE

第七章 市场机会与未来展望

The Indian starch and starch derivatives market size is valued at USD 3.45 billion in 2025 and is forecast to reach USD 4.12 billion by 2030, expanding at a 7.34% CAGR.

Growth stems from ethanol-blending policies that have lifted corn demand, rising adoption of clean-label modified starches across food and beverage categories, and policy-backed shifts toward starch-based bioplastics following the single-use plastic ban. Parallel expansion in pharmaceutical manufacturing, where cyclodextrins enhance drug-delivery performance, and in e-commerce packaging, where starch adhesives replace synthetic glues, further bolsters revenue opportunities. Key enabling factors include India's integrated maize supply chain, the government's 17.98% ethanol blend rate achieved by February 2025, and steady investment in new poly-lactic acid (PLA) projects that anchor latent starch demand. Nonetheless, corn-price volatility, GMO-related quality scrutiny, and sub-scale wet-milling capacity challenge near-term margins, underscoring the need for feedstock hedging and process upgrades.

India Starch And Starch Derivative Market Trends and Insights

Abundant Domestic Maize Supply Chain Integration

In 2024/25, India's corn production is projected to hit 37 million metric tons, as reported by the USDA Foreign Agriculture Service . This robust maize output offers strategic benefits to starch manufacturers. By integrating domestic supply chains, India not only curtails its reliance on imports but also gains a cost edge, especially amidst the backdrop of fluctuating global corn prices.In India, approximately 14% of maize production is directed towards starch manufacturing, setting a robust foundation for the industry's expansion. This segment benefits significantly from government initiatives such as the Digital Agriculture Mission, which aims to modernize the agricultural sector through technology integration. Additionally, advancements in post-harvest infrastructure, including storage and processing facilities, have strengthened the supply chain. These developments not only boost agricultural productivity but also position domestic manufacturers advantageously against their import-dependent counterparts, fostering long-term growth in the starch manufacturing industry.

Surge in Demand for Clean-Label Modified Starches

In India, a shift towards clean-label products is transforming the food processing sector, which is on track to hit USD 535 billion by 2025-26, as per the U.S. Department of Agriculture. Urban consumers, becoming more health-conscious, are turning to modified starches as natural substitutes for synthetic additives. Companies are now prioritizing clean-label formulations, heavily leaning on modified starch systems to enhance texture and mouthfeel, according to Food Ingredients First. Notably, cross-linked starches are emerging as favorites due to their superior stability and functional benefits in processed foods, showcasing better resistance to retrogradation and freeze-thaw challenges. Food manufacturers are not only adopting these modified starches to comply with regulatory standards but also to uphold product quality, driving consistent demand growth in the bakery, dairy, and convenience food sectors.

Corn-Price Volatility from Rising Ethanol Diversion

India's shift from being a corn exporter to a net importer has led to significant price fluctuations. Corn prices have jumped to USD 27.35 per quintal, driven by ethanol demand, which consumes 6-7 million tons annually. This surge in prices has a direct effect on the raw material costs for starch manufacturers, hitting smaller players with limited procurement power the hardest. In response to these challenges, the government is contemplating the import of genetically modified corn at reduced duties to address supply shortages. However, the timeline for regulatory approvals remains a gray area. Meanwhile, poultry producers are pushing for duty-free corn imports, highlighting the strain on the broader supply chain and its implications for the starch industry's competitiveness. With corn accounting for 60-70% of production costs for many starch derivatives, this volatility poses significant planning hurdles for manufacturers. As a result, companies are either resorting to advanced hedging strategies or passing the increased costs onto their downstream customers.

Other drivers and restraints analyzed in the detailed report include:

1. E-commerce-Driven Paper & Packaging Starch Uptake
2. Government Ethanol-Blending Push Boosting Glucose Syrups
3. Quality Concerns Due to Genetically Modified Ingredient Adulteration

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

In 2024, native starches command a dominant 40.34% market share, leveraging cost advantages and widespread applications in food processing and industrial sectors. Meanwhile, modified starches are the fastest-growing segment, projected to expand at an 8.02% CAGR through 2030. This surge is fueled by their specialized applications, which demand enhanced functional properties like improved stability, texture modification, and adherence to clean-label standards. Starch derivatives, such as glucose syrups and maltodextrin, are witnessing strong demand from both the ethanol and food processing industries. Notably, glucose syrups are reaping benefits from government mandates on ethanol blending.

These segment dynamics underscore India's evolving industrial landscape. While traditional native starches found their footing in textiles and paper, there's a notable shift towards higher-value modified products catering to pharmaceuticals and specialty foods. Cross-linked starches are becoming popular for their stability in processed foods. At the same time, cyclodextrin derivatives are seeing a rise in drug delivery system applications, as highlighted by RSC Pharm. Although high fructose corn syrup (HFCS) and dextrins cater to niche markets, they grapple with competition from natural sweeteners, reflecting a broader consumer shift towards clean-label products.

In 2024, maize accounts for 62.34% of the market share, supported by India's position as the 4th largest global producer by area and a robust wet-milling infrastructure concentrated in Gujarat, Punjab, and Maharashtra. Potato-based starches are the fastest-growing segment, with an expected CAGR of 8.55% through 2030. This growth is driven by their superior functional properties and increasing use in pharmaceutical excipients and specialty food products. Wheat-based starches continue to see steady demand in traditional applications, while tapioca starches cater to specialized industrial needs requiring specific viscosity characteristics.

The diversification of starch sources highlights manufacturers' efforts to manage risks and reduce reliance on single feedstocks amid concerns over price volatility. For example, Anil Limited operates one of India's largest corn wet-milling facilities, with a capacity of 550 tonnes per day, showcasing the scale advantages in maize processing. Additionally, alternative sources like barnyard millet starch are being explored for their sustainability and unique physicochemical properties, although their commercial scalability remains limited.

The India Starch & Starch Derivatives Market Report is Segmented by Type (Native Starch, Modified Starch, Starch Derivatives), Source (Maize, Wheat, Tapioca, Others), Form (Powder, Liquid), Application (Food and Beverage, Pharmaceutical, Personal Care & Cosmetics, Animal Feed, Textile, Paper and Corrugating, Others) and Geography. The Market Forecasts are Provided in Terms of Value (USD).

List of Companies Covered in this Report:

1. Archer Daniels Midland Company
2. Cargill Inc.
3. Ingredion Incorporated
4. Gulshan Polyols Ltd
5. Tirupati Starch & Chemicals Ltd
6. Sukhjit Starch & Chemicals Ltd
7. Gayatri Bio Organics Ltd
8. Universal Starch Chem Allied Ltd
9. Sahyadri Starch & Industries Pvt Ltd
10. Gujarat Ambuja Exports Ltd
11. Bluecraft Agro Pvt Ltd
12. Angel Starch & Food Pvt Ltd
13. RVP Starch Pvt Ltd
14. Spac Starch Products (India) Ltd
15. Shalom Sales Indore
16. Roquette Freres SA
17. Tate & Lyle PLC
18. Tereos Syral
19. Avebe UA
20. BASF-SE

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Abundant domestic maize supply chain integration
  • 4.2.2 Surge in demand for clean-label modified starches
  • 4.2.3 E-commerce-driven paper & packaging starch uptake
  • 4.2.4 Government ethanol-blending push boosting glucose syrups
  • 4.2.5 Emergence of starch-based bioplastics replacing single-use plastics
  • 4.2.6 Cyclodextrin adoption in Indian pharma drug-delivery systems
• 4.3 Market Restraints
  • 4.3.1 Corn-price volatility from rising ethanol diversion
  • 4.3.2 Quality Concerns Due to Genetically Modified Ingredient Adulteration
  • 4.3.3 Sub-scale wet-milling plants limiting quality consistency
  • 4.3.4 Regulatory uncertainty on single-use plastic alternatives adoption
• 4.4 Supply Chain Analysis
• 4.5 Regulatory Outlook
• 4.6 Porter's Five Forces
  • 4.6.1 Threat of New Entrants
  • 4.6.2 Bargaining Power of Buyers/Consumers
  • 4.6.3 Bargaining Power of Suppliers
  • 4.6.4 Threat of Substitute Products
  • 4.6.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECAST

• 5.1 By Type
  • 5.1.1 Native Starch
  • 5.1.2 Modified Starch
  • 5.1.3 Starch Derivatives
    • 5.1.3.1 Glucose Syrups
    • 5.1.3.2 High Fructose Corn Syrup (HFCS)
    • 5.1.3.3 Maltodextrin
    • 5.1.3.4 Dextrins
    • 5.1.3.5 Others
• 5.2 By Source
  • 5.2.1 Maize
  • 5.2.2 Wheat
  • 5.2.3 Tapioca
  • 5.2.4 Others
• 5.3 By Form
  • 5.3.1 Powder
  • 5.3.2 Liquid
• 5.4 By Application
  • 5.4.1 Food and Beverage
  • 5.4.2 Pharmaceutial
  • 5.4.3 Personal Care & Cosmetics
  • 5.4.4 Animal Feed
  • 5.4.5 Textile
  • 5.4.6 Paper and Corrugating
  • 5.4.7 Others

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Ranking Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
  • 6.4.1 Archer Daniels Midland Company
  • 6.4.2 Cargill Inc.
  • 6.4.3 Ingredion Incorporated
  • 6.4.4 Gulshan Polyols Ltd
  • 6.4.5 Tirupati Starch & Chemicals Ltd
  • 6.4.6 Sukhjit Starch & Chemicals Ltd
  • 6.4.7 Gayatri Bio Organics Ltd
  • 6.4.8 Universal Starch Chem Allied Ltd
  • 6.4.9 Sahyadri Starch & Industries Pvt Ltd
  • 6.4.10 Gujarat Ambuja Exports Ltd
  • 6.4.11 Bluecraft Agro Pvt Ltd
  • 6.4.12 Angel Starch & Food Pvt Ltd
  • 6.4.13 RVP Starch Pvt Ltd
  • 6.4.14 Spac Starch Products (India) Ltd
  • 6.4.15 Shalom Sales Indore
  • 6.4.16 Roquette Freres SA
  • 6.4.17 Tate & Lyle PLC
  • 6.4.18 Tereos Syral
  • 6.4.19 Avebe UA
  • 6.4.20 BASF-SE

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK