Product Code: ETC4731481 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Bhutan Corn Starch Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 0.92% in 2025, climbs to a high of 2.07% in 2028, and moderates to 1.38% by 2029.
By 2027, Bhutan's Corn Starch market is forecasted to achieve a stable growth rate of 1.90%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The corn starch market in Bhutan is expanding due to its versatility and wide range of applications, including culinary uses, food processing, and industrial applications. Corn starch is commonly used as a thickening agent in sauces, soups, and desserts, as well as in the production of biodegradable plastics and adhesives. The market`s growth is supported by increasing demand for processed and convenience foods, as well as innovations in packaging and sustainable materials. The government`s focus on enhancing agricultural productivity and supporting value-added processing industries further contributes to the development of the corn starch market.
The corn starch market in Bhutan is driven by its wide range of applications in the food and non-food industries. In the food sector, corn starch is used as a thickening agent, stabilizer, and texturizer in various products, including sauces, soups, and desserts. The increasing demand for processed and convenience foods boosts the consumption of corn starch. In the non-food sector, corn starch finds applications in pharmaceuticals, paper, and textiles, driven by its biodegradable and renewable nature, aligning with the growing environmental concerns and sustainability initiatives.
Challenges in the Bhutan corn starch market stem from limited agricultural output and the high cost of raw material imports. The small-scale nature of local production facilities leads to inefficiencies and higher costs. There is also limited technological advancement in starch processing, resulting in lower quality and yield. The market faces stiff competition from imported corn starch, which benefits from economies of scale and better processing technologies. Poor infrastructure for transportation and storage exacerbates these issues, affecting the products shelf life and market reach. Additionally, there is a lack of awareness and demand for corn starch among local consumers and industries.
The corn starch market in Bhutan is expanding due to its applications in food processing, textiles, and other industries. Government initiatives to boost agricultural productivity and value-added processing contribute to the growth of this market. Policies supporting local production and reducing import reliance are in place, with incentives for the establishment of processing units and technical support for farmers.
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 Bhutan Corn Starch Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Corn Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Corn Starch Market - Industry Life Cycle |
3.4 Bhutan Corn Starch Market - Porter's Five Forces |
3.5 Bhutan Corn Starch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bhutan Corn Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bhutan Corn Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gluten-free and natural food ingredients |
4.2.2 Growing awareness about the benefits of corn starch in various industries such as food, pharmaceuticals, and textiles |
4.3 Market Restraints |
4.3.1 Fluctuations in corn prices affecting production costs |
4.3.2 Limited availability of raw materials due to seasonal variations in corn production |
5 Bhutan Corn Starch Market Trends |
6 Bhutan Corn Starch Market Segmentations |
6.1 Bhutan Corn Starch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Corn Starch Market Revenues & Volume, By Native Starch, 2021-2031F |
6.1.3 Bhutan Corn Starch Market Revenues & Volume, By Modified Starch, 2021-2031F |
6.1.4 Bhutan Corn Starch Market Revenues & Volume, By Sweeteners, 2021-2031F |
6.2 Bhutan Corn Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Corn Starch Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.3 Bhutan Corn Starch Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.4 Bhutan Corn Starch Market Revenues & Volume, By Pharmaceuticals and Chemicals, 2021-2031F |
6.2.5 Bhutan Corn Starch Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Bhutan Corn Starch Market Revenues & Volume, By Paper and Corrugates, 2021-2031F |
6.2.7 Bhutan Corn Starch Market Revenues & Volume, By Others, 2021-2031F |
7 Bhutan Corn Starch Market Import-Export Trade Statistics |
7.1 Bhutan Corn Starch Market Export to Major Countries |
7.2 Bhutan Corn Starch Market Imports from Major Countries |
8 Bhutan Corn Starch Market Key Performance Indicators |
8.1 Cost of raw materials (corn) per unit of corn starch produced |
8.2 Percentage of market share in the food industry compared to other starch alternatives |
8.3 Number of new product launches containing corn starch in different industries |
9 Bhutan Corn Starch Market - Opportunity Assessment |
9.1 Bhutan Corn Starch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bhutan Corn Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bhutan Corn Starch Market - Competitive Landscape |
10.1 Bhutan Corn Starch Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Corn Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |