Market Forecast By Type (Native Starch, Modified Starch, Sweeteners), By Application (Food and Beverages, Animal Feed, Pharmaceuticals and Chemicals, Textiles, Paper and Corrugates, Others) And Competitive Landscape
Product Code: ETC105408 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Corn Starch Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 0.16% in 2025 and reaches 0.30% by 2029.
In the Asia region, the Corn Starch market in Philippines is projected to expand at a stable growth rate of 0.23% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
As per 6Wresearch, Philippines Corn Starch Market Size is projected to reach USD 14.3 billion by 2031 from USD 9.1 billion, growing at a CAGR between 7.6% during the 2025 to 2031.The growing awareness of the harmful effects of excessive sugar consumption has also increased the demand for corn starch-derived sweeteners, such as glucose and maltodextrins.
Report Name | Philippines Corn Starch Market |
Forecast period | 2025-2031 |
CAGR | 7.6% |
Growing Sector | Food & Beverage Applications |
The Philippines Corn Starch Market report provides a thorough analysis segmented by Type, and Application. It delivers an objective and comprehensive exploration of market trends, high-growth areas, key drivers, and challenges, helping stakeholders align strategies with current and future market dynamics.
This growth is mostly due to more people wanting prepared and ready-to-eat foods, which contain a lot of corn starch. Also, people are becoming more health-conscious, which makes them want natural and low-fat food ingredients, which is driving the market even more. The fact that maize starch can be used in many different areas, such as food, medicine, and industry, shows how important it is becoming in the Philippine market.
Philippines Corn Starch Market is estimated to grow at a CAGR of 7.6% during 2025–2031.In the Philippines, the market for maize starch is growing because more and more businesses need natural, useful ingredients. Corn starch is commonly used in the food and drink industry to make and stabilise things like soups, baked goods and sauces.
However, the market has to deal with a number of problems. Changes in the prices of raw materials, especially maize, can affect how much it costs to make something and how stable the prices are. Regulatory hurdles about the use of modified starches and additives in food items may also make it hard for the market to grow.
Clean-label and organic goods are becoming more popular, which is a big trend in the Philippines maize starch market. Food makers use maize starch as a natural thickening and stabilising agent because more and more consumers want to know what's in their food. Along with improvements in technology for changing starch, the food processing industry is growing, which is allowing the creation of different types of maize starch that are specifically made for different uses.
There are a lot of good business opportunities in the Philippines maize starch market, especially in the creation of modified and value-added starch products that meet a wide range of industrial needs. Putting money into research and development can help maize starch find new uses in non-food areas like recyclable materials, medicines, and more.
Leading Players in the Philippines Corn Starch Market
Key players in the Philippines corn starch market encompass both international and local companies. Global entities such as Cargill, Ingredion Incorporated, and Tate & Lyle are prominent due to their extensive product portfolios and technological expertise. Local manufacturers like Newborn Food Products and Universal Robina Corporation also play significant roles, leveraging their understanding of regional consumer preferences and distribution networks.
To make sure safety and quality standards are met, the Philippine government controls the production, importation, and spread of maize starch through the Food and Drug Administration (FDA) and the Department of Agriculture (DA). Policies that encourage the use of locally grown food are meant to increase maize output in the United States, which will help the maize starch industry.
The Philippines maize starch market looks like it will do well in the future. It is expected to grow because it is being used more in many different areas. The market is expected to keep going strong because of the growing demand for convenience foods and the growth of the pharmaceutical and cloth industries. New maize starch derivatives are expected to be made possible by improvements in processing technologies and a focus on environmentally friendly methods.
The report offers a comprehensive study of the following market segments and their leading categories
According to Nitesh, Research Manager at 6Wresearch,It is expected that the food and beverage industry will be the biggest user of maize starch in the Philippines. Because it thickens, stabilises, and changes the texture of food, maize starch is an essential ingredient in sauces, soups, baked goods, and sweets. More and more people want ready-to-eat and processed foods, and they also want gluten-free options. This makes maize starch even more important in this market area.
The Philippines' maize starch market is dominated by native starch, especially maize starch. This is because the country's growing need for natural and flexible ingredients in many industries is driving this demand. Large amounts of local maize starch are used in the food and drink industry to thicken and bind things like sauces, soups and baked goods.
The report provides a detailed analysis of the following market segments
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 Philippines Corn Starch Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Corn Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Corn Starch Market - Industry Life Cycle |
3.4 Philippines Corn Starch Market - Porter's Five Forces |
3.5 Philippines Corn Starch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Corn Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Corn Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Corn Starch Market Trends |
6 Philippines Corn Starch Market, By Types |
6.1 Philippines Corn Starch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Corn Starch Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Philippines Corn Starch Market Revenues & Volume, By Native Starch, 2018 - 2031F |
6.1.4 Philippines Corn Starch Market Revenues & Volume, By Modified Starch, 2018 - 2031F |
6.1.5 Philippines Corn Starch Market Revenues & Volume, By Sweeteners, 2018 - 2031F |
6.2 Philippines Corn Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Corn Starch Market Revenues & Volume, By Food and Beverages, 2018 - 2031F |
6.2.3 Philippines Corn Starch Market Revenues & Volume, By Animal Feed, 2018 - 2031F |
6.2.4 Philippines Corn Starch Market Revenues & Volume, By Pharmaceuticals and Chemicals, 2018 - 2031F |
6.2.5 Philippines Corn Starch Market Revenues & Volume, By Textiles, 2018 - 2031F |
6.2.6 Philippines Corn Starch Market Revenues & Volume, By Paper and Corrugates, 2018 - 2031F |
6.2.7 Philippines Corn Starch Market Revenues & Volume, By Others, 2018 - 2031F |
7 Philippines Corn Starch Market Import-Export Trade Statistics |
7.1 Philippines Corn Starch Market Export to Major Countries |
7.2 Philippines Corn Starch Market Imports from Major Countries |
8 Philippines Corn Starch Market Key Performance Indicators |
9 Philippines Corn Starch Market - Opportunity Assessment |
9.1 Philippines Corn Starch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Corn Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Corn Starch Market - Competitive Landscape |
10.1 Philippines Corn Starch Market Revenue Share, By Companies, 2024 |
10.2 Philippines Corn Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |