Market Size of India DDGS Feed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.51 Million |
| Market Size (2029) | USD 0.86 Million |
| CAGR (2024 - 2029) | 11.10 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India DDGS Feed Market Analysis
The India DDGS Feed Market size is estimated at USD 0.51 million in 2024, and is expected to reach USD 0.86 million by 2029, growing at a CAGR of 11.10% during the forecast period (2024-2029).
India's Distillers Dried Grains with Soluble (DDGS) production has increased significantly in recent years, primarily due to the expansion of ethanol production from cereals, including rice and maize. The proliferation of grain distilleries across the country has led to increased DDGS production, contributing to market growth. The expanding industrial livestock sector and rising demand for animal products such as meat, eggs, and milk are anticipated to drive market growth as the need for animal feed increases. DDGS's high nutrient concentration and relatively low price make it a cost-effective feed ingredient.
India's substantial livestock industry creates a significant market for DDGS. According to FAOSTATS data for 2022, India is home to over 193.6 million heads of cattle, 111.8 million heads of buffaloes, approximately 150 million heads of goats, and more than 885.7 million heads of poultry. This vast animal population highlights the considerable demand for feed options like DDGS. Rice DDGS has gained popularity due to its high nutrient content, availability, and affordability. The consistent increase in DDGS production is supported by substantial cereal outputs, with India producing approximately 206.8 million metric tons of rice and 34.3 million metric tons of maize in 2022, as reported by USDA.
Madhya Pradesh represents the largest market for DDGS feed in India, attributed to its high livestock and poultry population and farmer adoption. Nepal serves as the primary trade partner for DDGS imports to India. With several favorable factors driving demand across various states, the DDGS market is anticipated to experience steady growth during the forecast period.
India DDGS Feed Industry Segmentation
Dried distillers grain with solubles (DDGS) is a co-product of ethanol production from starch cereals, largely produced from maize and wheat, which contains approximately the non-starch or non-fermentable fractions of the grain. India's DDGS Feed Market has been segmented by Type (Corn, Wheat, Rice, Blended Grains, and Other Types), and Animal Type (Ruminants, Poultry, Swine, and Other Animal Types). The report offers market estimation and forecasts in value (USD) and Volume (Metric tons) for the segments mentioned.
| Type | |
| Corn | |
| Wheat | |
| Rice | |
| Blended Grains | |
| Other Types |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Other Animal Types |
India DDGS Feed Market Size Summary
The DDGS feed market in India is poised for steady growth, driven by the recovery of the ethanol industry and the increasing demand for livestock feed. The market is expected to benefit from the rising prices of alternative grains, which enhances the appeal of DDGS as a cost-effective substitute for raw materials like soybean meal. DDGS, a nutrient-rich byproduct of ethanol production, is gaining traction as a valuable feed ingredient due to its nutritional benefits and profitability. It is primarily used in feeding dairy cattle, swine, and poultry, with the poultry industry showing significant growth potential. The demand for DDGS is bolstered by its ability to improve animal health and performance, making it an attractive option for farm owners in India.
The Indian DDGS feed market is moderately consolidated, with key players such as Archer Daniels Midland, Cargill Incorporated, and Prodigy Foods leading the industry. The market's growth is further supported by the rising consumption of poultry meat, driven by increasing incomes and urbanization. DDGS serves as a viable alternative to expensive feed grains, addressing the gap between demand and availability of poultry feed. Despite the potential for significant imports, technical barriers related to genetically modified crops pose challenges. Nonetheless, the market is expected to expand as stakeholders seek affordable and nutritious feed solutions to meet the growing demands of the livestock industry.
India DDGS Feed Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Cereal Based Distilleries
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1.2.2 Increasing Livestock Production
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1.2.3 Need for Cost Effective Nutrients
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1.3 Market Restraints
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1.3.1 Taxability of DDGS
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1.3.2 Effect of Excess Consumption
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1.4 Porter's Five Force Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Corn
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2.1.2 Wheat
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2.1.3 Rice
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2.1.4 Blended Grains
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2.1.5 Other Types
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2.2 Animal Type
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2.2.1 Ruminants
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2.2.2 Poultry
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2.2.3 Swine
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2.2.4 Other Animal Types
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India DDGS Feed Market Size FAQs
How big is the India DDGS Feed Market?
The India DDGS Feed Market size is expected to reach USD 0.51 million in 2024 and grow at a CAGR of 11.10% to reach USD 0.86 million by 2029.
What is the current India DDGS Feed Market size?
In 2024, the India DDGS Feed Market size is expected to reach USD 0.51 million.
