Manufacturing of Maize Starch and It's By-Products as a Successful Business

Manufacturing of Maize Starch and It's By-Products as a Successful Business.

Maize starch is the most common type of carbohydrate found in plants. In the industrial world, starch can be classified into two major types namely natural and modified. It has a variety of industrial applications from the food industry to the paper and pulp industry. It's also used as a thickener to enhance the texture of food items, gravies, sauces, pie fillings, and puddings. Talking about the raw starch, it's majorly used as an adhesive in laminated and corrugated paper boards. In several states of India, maize starch is produced on a very large scale. It's mostly grown in states such as Punjab, Uttar Pradesh, Rajasthan, Bihar, Gujarat, Andhra Pradesh, Himachal Pradesh, and Madhya Pradesh. The typical uses of maize starch are found in numerous firms, from textile to leather industries. The major raw material required for the manufacturing of starch is amyl lytic enzymes and mineral acid. There's a high domestic demand for liquid glucose and maize starch.

The Manufacturing Business of Maize Starch and Its By-Products There's a constantly growing demand for maize in India. Earlier, the demand for grain was driven by the starch and poultry industries in India. However, with the changes in food habits, the food additives derived from maize are also gaining a huge demand. To meet the rising demand for this crop, India needs to double its maize production to 50 million tons by 2025. Moreover, the demand for maize starch and its derivate also appear to be promising in India. As every major user segment of maize starch has doubled their growth, it's certainly bound to gain a great demand. The maize starch and its derivate are used mostly by textile, food, paper, and pharma productions. It has been forecasted that the demand for native and modified starch is expected to grow at 8% per annum as the pharmaceutical sector is fledging.

The Market Outlook of the Industry

During the forecast period, the global maize starch market is expected to grow at a CAGR of 6.35%. The major reason for such an enormous growth of the maize starch market is the paper and starch industry. It uses maize starch as sizing and filler material. Maize starch is also used for other applications in industries such as laundry, textile, foundry, oil-well drilling, air flotation, and adhesives. While the major part of the starch is manufactured in its natural form, it's a simple process to convert them into other forms.

Book Link: Handbook on Maize (Corn) Processing and Manufacture of Maize Products

The modified forms majorly consist of starch syrup which is a balance of modified and native starch. The demand for starch is majorly affected by the growth in population and industrial development. To be precise, growth in textiles, food & beverages, paper & printing, healthy & beauty products, adhesives, and pharmaceutical industries also affect the demand for starch.

Related Videos:- Maize, Corn and its By Products

The growing demand for maize starch is also governed by the growing consumer awareness and adoption of clean label ingredients in growing countries. The trend of clean label products and ingredients is heavily impacting the beverages and food industries across the globe. This is due to the growing demand for pure, natural, and high-quality products, and the growing health consciousness among the consumers. Moreover, as the global economy is also improving gradually, it also results in an increased intake of convenience and processed foods. The modified starch market finds great use in such food applications. Due to this, it has an increasing demand and is driving the overall corn starch market.

Related Project:- Maize Starch and its by Products

Conclusion The NIIR Project Consultancy Services (NPCS) offers you a wide range of books, detailed project reports, and business plans for start-up ideas, manufacturing plants, and business ideas for aspiring entrepreneurs, and so on. If you are looking to get a detailed project report on the manufacturing of maize starch and its by-products, then you must count on NPCS. The available project reports provide you a reliable and detailed data on the analysis of the market, the availability of necessities such as raw materials, plant & machinery, and so on to help you make a forecast of the financial requirements of this business. The scope of this report includes several major aspects of a business such as market potential and negotiating with collaborators. All the details regarding the project report can be found on the official website of NPCS.

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Working Capital Requirement Per Month Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
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Salary and Wages	Turnover Per Annum
Share Capital Equity Capital Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
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Annexure 8 to 11:: Sensitivity Analysis-Price/Volume Resultant N.P.B.T Resultant D.S.C.R Resultant PV Ratio Resultant DER Resultant ROI Resultant BEP
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Annexure 14 :: Product wise domestic Sales Realisation	Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit	Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,	Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit	Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses	Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges	Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses	Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses	Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)	Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)	Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits	Annexure 35 ::Projected Pay-Back Period And IRR