Product Code: ETC105407 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Corn Starch Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 11.01% in 2025, growth builds up to 13.65% by 2029.
By 2027, Indonesia's Corn Starch market is forecasted to achieve a high growth rate of 12.39%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Corn starch is primarily used as a thickening agent in food products, for gluten-free baking and as an anti-caking agent. In Indonesia, corn starch is mainly consumed by the bakery industry and also used for animal feed. The Indonesia corn starch market has seen steady growth over the past few years due to rising demand from end user industries such as food & beverage, pharmaceuticals and cosmetics.
The recent trend in Indonesia corn starch market is towards the use of organic or natural sweeteners rather than processed ones. Increasing consumer awareness about health benefits associated with using organic ingredients has driven this trend further. Other trends include increased usage of modified starches which provide better texture and taste to different foods while reducing fat content at the same time.
The recent trend in Indonesia corn starch market is towards the use of organic or natural sweeteners rather than processed ones. Increasing consumer awareness about health benefits associated with using organic ingredients has driven this trend further. Other trends include increased usage of modified starches which provide better texture and taste to different foods while reducing fat content at the same time.
Due to COVID-19 pandemic situation there was a significant decrease in consumption of wheat based flour/cornstarch across all food related industries which led to a decline during 2025 but it began recovering soon after restrictions were eased off on various economic activities post mid 2025. This resulted into reduced import volumes from overseas suppliers resulting into lower availability at domestic markets ,which eventually pushed prices higher. Companies also shifted focus onto developing alternate plant proteins sources such as pulses which took away some share from traditional starches.
Some challenges faced by manufacturers operating within this sector are increasing raw material costs due to volatile global commodity prices coupled with fluctuations in exchange rates between countries where these inputs are sourced from ? making it difficult for companies maintain consistent cost structures over long periods of time. Alongside this there exists competition saturation within domestic markets due presence numerous regional & international players offering similar product portfolios making it harder for new entrants penetrate effectively without sacrificing margins.
Major companies operating within Indonesia Corn Starch Market include PT Tiga Pilar Sejahtera Food Tbk., PT IndoFood Agri Resources Tbk., Gery Boga Group.
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 Indonesia Corn Starch Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Corn Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Corn Starch Market - Industry Life Cycle |
3.4 Indonesia Corn Starch Market - Porter's Five Forces |
3.5 Indonesia Corn Starch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Corn Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Corn Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Corn Starch Market Trends |
6 Indonesia Corn Starch Market, By Types |
6.1 Indonesia Corn Starch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Corn Starch Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Indonesia Corn Starch Market Revenues & Volume, By Native Starch, 2018 - 2031F |
6.1.4 Indonesia Corn Starch Market Revenues & Volume, By Modified Starch, 2018 - 2031F |
6.1.5 Indonesia Corn Starch Market Revenues & Volume, By Sweeteners, 2018 - 2031F |
6.2 Indonesia Corn Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Corn Starch Market Revenues & Volume, By Food and Beverages, 2018 - 2031F |
6.2.3 Indonesia Corn Starch Market Revenues & Volume, By Animal Feed, 2018 - 2031F |
6.2.4 Indonesia Corn Starch Market Revenues & Volume, By Pharmaceuticals and Chemicals, 2018 - 2031F |
6.2.5 Indonesia Corn Starch Market Revenues & Volume, By Textiles, 2018 - 2031F |
6.2.6 Indonesia Corn Starch Market Revenues & Volume, By Paper and Corrugates, 2018 - 2031F |
6.2.7 Indonesia Corn Starch Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Corn Starch Market Import-Export Trade Statistics |
7.1 Indonesia Corn Starch Market Export to Major Countries |
7.2 Indonesia Corn Starch Market Imports from Major Countries |
8 Indonesia Corn Starch Market Key Performance Indicators |
9 Indonesia Corn Starch Market - Opportunity Assessment |
9.1 Indonesia Corn Starch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Corn Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Corn Starch Market - Competitive Landscape |
10.1 Indonesia Corn Starch Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Corn Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |