Corn, also known as maize in many countries, is one of the nutritious foods widely consumed across the globe. It is a source of major nutrients such as dietary fibre, carbohydrates, calcium, magnesium, iron, vitamin A, B, C, etc. Regular consumption of corn helps to reduce cholesterol and diabetic problems and improve cardiovascular health. Therefore, corn has become a part of the staple diet for many people, which in turn is increasing the demand for corn-based products every year.
India is one of the major producers of corn in the world. Corn is the third major cereal crop in India after rice and wheat. The currently processing quantity of corn in India is very less. However, with the growing demand for corn-based products in the market, the processing quantity of corn is poised to increase. In this context, let us have a look at some of the top corn business ideas.
Corn starch is one of the commonly used ingredients in the Indian household. Corn starch which is also known as corn flour comes in different colours and is used as a thickening agent for soups and sauces. It is also used for baking many food products like cakes and breads. Corn flour is used in the manufacturing of sweeteners. It is also used in the paper and textile industry as a finishing and coating agent. Corn starch manufacturing is a popular business idea. Corn starch is primarily extracted through the wet milling process.
Corn grits are another popular value-added product of corn with high nutritional value. Corn grits are widely used in the snack, breakfast and brewing industries. The brewing industry is one of the largest consumers of corn grits. It is also consumed as a part of breakfast by many people. Corn grits are manufactured from the corn using grit processing machinery through various steps which involve cleaning, water spraying and stirring, peeling and degerming, grit processing, separating and drying.
Ethanol finds applications across various industries such as pharma, plastic, cosmetics, alcohol manufacturing, etc. The blending of ethanol with petrol or diesel helps to reduce environmental pollution. The Government of India has planned to blend 20% of ethanol with petrol and diesel used for transportation by 2024. With this move, the demand for ethanol is going to increase. Ethanol can be manufactured from corn biomass through the fermentation and distillation process.
Corn oil is majorly used for cooking. It contains less cholesterol and is therefore preferred for frying and cooking. Corn oil is becoming very popular among the household because of its huge health benefits. It is generally cost-effective than vegetable oils. Corn oil is also used in industries for the manufacture of soaps, paints, inks, pesticides, etc. Corn oil manufacturing is done from the germ of corn by a combination of hexane extraction and mechanical expression.
Corn syrup is made from corn starch. It is mainly composed of glucose. It helps to prevent the crystallization of sugar and enhance flavour and soften the texture of the food. Corn syrup is different from high fructose corn syrup which is also produced from corn and contains high levels of fructose. Corn syrup is produced by adding amylase enzyme to a mixture of corn starch and water.
Corn flakes are one of the most popular food products consumed by people across the world. It is highly nutritious and taken as a part of the breakfast. Corn flakes are preferred by people of different age groups because of their nutritional value, crispy nature, texture and flavour. Corn flakes are prepared by rolling the dried corn grits. Corn flakes manufacturing process is very simple and it is viable business ideas for MSMEs.
All these value-added products of corn are opening up new opportunities to corn processors, attracting new investments into corn processing. If you are planning to start the corn processing industry, we can help you right from market research to new plant setup and business development. To know more, kindly register with SolutionBuggy. We provide you access to trusted and verified consultants who can help you address your requirements.
Corn is one of the major crops in India. Therefore, the availability of raw materials is huge in the country. Also, the demand for corn-based products is increasing in the Indian market. So, corn processing is a profitable business idea in India.
Corn starch, corn grit, corn oil, corn flakes, ethanol, etc. are some of the major corn / maize business ideas.
The investment required to a start maize processing business depends on the product that you want to manufacture. For instance, corn flakes and corn starch can be manufactured with a budget of Rs. 70 to 80 lakhs.
Corn flakes are the best product for MSMEs with minimum investment.
To start a maize processing business first, you need to finalize the product that you need to manufacture by proper market research. It is advisable to consult an expert before starting the industry.