Popcorns to Dominate India Corn Market During Forecast Period
Growing preference for
hybrid crops, adoption of better genetics and improved agronomics to drive the
India corn market through 2024
According
to TechSci Research report, “India
Corn Market By Type, By End Use, Competition, Forecast & Opportunities,
2014-2024” the India corn market is
expected to grow at a formidable rate during the forecast period owing to the structural
changes in agriculture and food consumption patterns. Additionally, the widespread
use of corn as a ‘food’, ‘fodder’ and ‘feed’ makes it more demand friendly,
thereby further driving growth in the market. However,
climatic conditions resulting in drought or excess water associated with
increased pressure of diseases or pests can lead to low productivity of corns. Additionally,
lack of development of technologies such as single cross hybrid technology, limited
adoption of improved production-protection technology, deficiencies
in the production and distribution system of quality seed and small farm
holdings & limited resource availability with the farmers are further anticipated
to hamper the growth of market.
Browse market data
Tables and Figures spread through Pages and an in-depth TOC on " India Corn Market"
https://www.techsciresearch.com/report/india-corn-market/4266.html
The India corn market is segmented based on type, end use, region, state
and company. Based on type, the market can be categorized as flint corn, popcorn, sweet corn, flour
corn and others. The popcorn segment is expected to register the highest CAGR
during the forecast period. This can be accredited to the growing popularity of
popcorn as a common snack in different parts of the country. Based on end use, the market can be fragmented
into direct consumption, poultry & cattle feed, processed food and others.
The poultry & cattle feed segment dominates the market attributable to the
fact that corn green fodder can boost milk production in milch cattle to a
considerable extent.
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“Corn
is the third largest crop in India after wheat and rice and is expected to create
huge opportunities for the corn market. India is on a threshold of experiencing
a corn revolution owing to the introduction of new hybrid seeds that can
survive in low winter conditions, off-season diseases and pests with high
productivity has made corn a profitable alternative even for small farmers in different
states such as UP, Bihar, Andhra Pradesh and Karnataka. Additionally, transparent
pricing & grading, developing standardized quality for the trade of the
commodity globally have further contributed to the growth of crop production
across India.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research based global management consulting firm.
“India Corn Market By Type, By End Use, Competition,
Forecast & Opportunities, 2014-2024” has evaluated the future growth potential of India corn
market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in India corn market.
About TechSci Research
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rather than follow market trends.
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