| Product Code: ETC6778136 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Colombia continued to see significant imports of waxy maize starch (WMS) primarily from top exporting countries such as Brazil, Argentina, Paraguay, Peru, and Mexico. Despite the high concentration of imports by these countries, the market experienced a notable decrease in growth rate from 2023 to 2024 at -53.25%. However, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 4.31%, indicating a steady overall growth trend in the Colombian market for WMS. The competitive landscape with high concentration levels suggests a strong market position for the key exporting nations.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Waxy Maize Starch (WMS) Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Waxy Maize Starch (WMS) Market - Industry Life Cycle |
3.4 Colombia Waxy Maize Starch (WMS) Market - Porter's Five Forces |
3.5 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Waxy Maize Starch (WMS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for waxy maize starch (WMS) in food and beverage industry due to its functional properties such as thickening and gelling abilities. |
4.2.2 Increasing awareness about the benefits of WMS as a gluten-free and non-GMO alternative in various applications. |
4.2.3 Rising adoption of waxy maize starch in the pharmaceutical industry for its binding and disintegrating properties. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the production cost of waxy maize starch. |
4.3.2 Availability of substitute products like tapioca starch and potato starch posing a competitive challenge to the WMS market. |
4.3.3 Stringent government regulations related to GMO crops impacting the supply chain of waxy maize starch. |
5 Colombia Waxy Maize Starch (WMS) Market Trends |
6 Colombia Waxy Maize Starch (WMS) Market, By Types |
6.1 Colombia Waxy Maize Starch (WMS) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume, By Native Starch, 2021- 2031F |
6.1.4 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume, By Other Type, 2021- 2031F |
6.2 Colombia Waxy Maize Starch (WMS) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume, By Personal Use, 2021- 2031F |
6.2.3 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume, By Commercial Use, 2021- 2031F |
6.2.4 Colombia Waxy Maize Starch (WMS) Market Revenues & Volume, By Other, 2021- 2031F |
7 Colombia Waxy Maize Starch (WMS) Market Import-Export Trade Statistics |
7.1 Colombia Waxy Maize Starch (WMS) Market Export to Major Countries |
7.2 Colombia Waxy Maize Starch (WMS) Market Imports from Major Countries |
8 Colombia Waxy Maize Starch (WMS) Market Key Performance Indicators |
8.1 Research and development investment in innovative WMS applications. |
8.2 Adoption rate of WMS in new product formulations by food and beverage manufacturers. |
8.3 Number of patents filed for WMS-based technologies or products. |
8.4 Sustainability initiatives in the waxy maize starch supply chain. |
8.5 Consumer perception and acceptance of WMS as a premium ingredient. |
9 Colombia Waxy Maize Starch (WMS) Market - Opportunity Assessment |
9.1 Colombia Waxy Maize Starch (WMS) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Colombia Waxy Maize Starch (WMS) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Waxy Maize Starch (WMS) Market - Competitive Landscape |
10.1 Colombia Waxy Maize Starch (WMS) Market Revenue Share, By Companies, 2024 |
10.2 Colombia Waxy Maize Starch (WMS) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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