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Maize is the queen of all cereals and is the most sought food additive in India these days. It was in the year 20-17, that the crop production boomed to a level of 1040 million tons, with China making 23% and the United States contributing around 38%. Talking about India, the production rate shooted to about 26 million tons, contributing around 2% of total maize production worldwide. Despite being the third most important cereal crop in India behind rice and wheat, maize is one of the world's most valuable cereal crops in terms of overall worth.
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Current Maize Production Scenario
The data points to the fact that around 70% of maize production is hybrid maize production and is used mainly for purposes like feeding or industrial food productions. The food-grade maize is grown with the help of traditional cultivars. The farmers have grown and adopted the upgraded and new technology for maize cultivation and high yield.
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The maize acreage contribution is around 50% with the states involving in the growth are Rajasthan, Madhya Pradesh, Karnataka, and Andhra Pradesh. Including Bihar, these mentioned states have been contributing around two-thirds of the corn production in the country.
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In the year 2016-17, the demand for maize shot to around 2%, which led to 24 million metric tonnes. The demand is segmented in chicken feed- 13.5 million metric tonnes, 1.8 million metric tonnes for starch, and 1.2 million metric tonnes for ethanol, and others for seed, food, and others.
The data suggests that the feed sector has risen to a CAGR value of 7%, globally and around 9% in our country. This highlights a big potential for maize growers. The domestic consumption of maize is really high that it will require around 45 Million MT of maize just to meet the need by the year 2022.
Related Book:- Maize (Corn) Products in India (Starch, Glucose, Dextrose, Sorbitol) Trends, Opportunities, Market Analysis and Forecasts (Upto 2017)
Increasing Domestic Market Demand
Maize has been quite useful in every household, be it rural or urban, the user has found a massive segment covered in. mostly, maize accounts for domestic purpose use, which means the production of coarse grains, which finds its use in poultry feed, and industrial consumption. It has been anticipated that the future of poultry and starch industries will take a lead in the coming days ahead. With the growing food industry innovations and fast-food craze, sweetcorn’s and popcorns are amping up demand. Thus, the production rate has amplified and so is the food industry.
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Key Strategies to Implement the Maize Vision 2020
Factors such as rapid adoption of technology including hybridization, molecular breeding, genomics, adoption of RNAi technology, and many others, for providing endurance against pests, viruses, and aflatoxins are the aspects that can build yields and help the maize farmers to excel in the production.
Creating infrastructure for cold storage for these maize and storage structures such as maize silos, and establishment of maize value-added units are other options for enabling infrastructure.
Related Videos:- How to Manufacture Maize, Corn and its By Products
The farmers can increase their income by developing crop-specific strategies, expansion in Maize. Also, farmers' income and yields could be improved by supporting solar-based irrigation cooperatives.
The maize farmers can also find the riding future in the feed sector, as it has been estimated that globally the sector is hiking at a CAGR rate of 7% and in India around 9%. Also, by the year 2022, India will require 5million MT of maize to fulfill the domestic consumption needs. The commercial sector, as well as the government, have shown a keen interest in exploiting the potential of the maize sector. Maize consumption is likely to increase, which has piqued their attention.
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Maize Products for Business
Since the plant is versatile, it is used in various forms. The reason why there is demand of cron based products is that, it has a long shelf life, and the product is quite feasible. Lets see the very prominent and in-demand products.
1. Cornstarch
2. Corn syrup
3. Cornflakes
4. Corn flour
5. Corn meal
6. Hominy
7. Sweet corn
8. Corn oil
9. High fructose corn syrup
10. Babycorns
Apart from these food based products, corn has also contributed in other areas such as in tyres, medicines, sand paper, fire crackers, shoe polish and many more. The reason is again the feasibility, biodegradable nature, and sustainable.
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