| Product Code: ETC8837190 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to see significant import shipments of cassava modified starch, with key exporters including Thailand, China, Italy, Netherlands, and the USA in 2024. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI) in the same year. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 19.32%, with a notable growth rate of 8.97% from 2023 to 2024. This data indicates a sustained demand for cassava modified starch in the Philippines, with strong contributions from top exporting countries.

The cassava modified starch market in the Philippines is growing as the food processing, textile, and pharmaceutical sectors seek versatile thickeners and stabilizers. Modifications improve starch properties such as solubility and heat resistance, with demand supported by strong local cassava cultivation and processing infrastructure.
The Philippines cassava modified starch market is experiencing growth as the demand for natural and cost-effective food additives rises. Cassava starch, a versatile carbohydrate, is widely used in the food industry as a thickening agent, stabilizer, and binder in products such as sauces, soups, and snacks. Modified cassava starch, which is chemically altered to improve its properties, is also used in industries like paper manufacturing, textiles, and pharmaceuticals. As the Philippines continues to focus on agricultural innovation and value-added products, the market for cassava modified starch is expected to expand, driven by both local and export demand.
The cassava modified starch market in the Philippines faces challenges due to fluctuations in raw material prices, driven by unpredictable weather conditions and crop yield variations. Additionally, cassava farming requires significant investment in technology and infrastructure, which may not be readily available to small-scale farmers. There is also competition from alternative starches and hydrocolloids, which may offer better cost-effectiveness or functionality for certain applications. The market is also impacted by limited processing capacity and technological know-how in cassava starch production.
The Philippines Cassava Modified Starch Market is poised for growth, driven by the demand for natural and versatile ingredients in the food, textile, and paper industries. Modified cassava starch is widely used in a variety of applications due to its excellent thickening, binding, and emulsifying properties. As demand for healthier and more sustainable food ingredients rises, cassava starch is becoming a preferred option due to its natural origin. Investors can explore opportunities in expanding cassava starch production and distribution, as well as developing new product formulations for diverse industrial applications.
The cassava modified starch market in the Philippines is growing due to the increasing demand for processed food products and the rise of cassava as an important agricultural product. Cassava modified starch is used in a wide range of applications, including in the food and beverage industry as a thickening agent, in the production of biodegradable plastics, and in the paper industry. The Philippines has a large cassava farming sector, which supplies a significant portion of the raw material for modified starch production. The demand for cassava modified starch is expected to increase as the food industry continues to seek cost-effective and sustainable ingredients for food processing and other applications.
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 Cassava Modified Starch Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cassava Modified Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cassava Modified Starch Market - Industry Life Cycle |
3.4 Philippines Cassava Modified Starch Market - Porter's Five Forces |
3.5 Philippines Cassava Modified Starch Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Philippines Cassava Modified Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cassava Modified Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and clean label ingredients in food and beverage industry |
4.2.2 Increasing application of cassava modified starch in various industries such as pharmaceuticals, textiles, and paper |
4.2.3 Rising awareness about the benefits of cassava modified starch as a sustainable and cost-effective alternative to other starches |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as cassava due to climate conditions and market dynamics |
4.3.2 Challenges in maintaining consistent quality and supply chain management |
4.3.3 Competition from other modified starch sources like corn and potato starch |
5 Philippines Cassava Modified Starch Market Trends |
6 Philippines Cassava Modified Starch Market, By Types |
6.1 Philippines Cassava Modified Starch Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cassava Modified Starch Market Revenues & Volume, By Function, 2021- 2031F |
6.1.3 Philippines Cassava Modified Starch Market Revenues & Volume, By Thickeners, 2021- 2031F |
6.1.4 Philippines Cassava Modified Starch Market Revenues & Volume, By Stabilizers, 2021- 2031F |
6.1.5 Philippines Cassava Modified Starch Market Revenues & Volume, By Binders, 2021- 2031F |
6.1.6 Philippines Cassava Modified Starch Market Revenues & Volume, By Emulsifiers, 2021- 2031F |
6.1.7 Philippines Cassava Modified Starch Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Cassava Modified Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cassava Modified Starch Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.3 Philippines Cassava Modified Starch Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.4 Philippines Cassava Modified Starch Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Philippines Cassava Modified Starch Market Import-Export Trade Statistics |
7.1 Philippines Cassava Modified Starch Market Export to Major Countries |
7.2 Philippines Cassava Modified Starch Market Imports from Major Countries |
8 Philippines Cassava Modified Starch Market Key Performance Indicators |
8.1 Research and development investment in cassava modified starch innovations |
8.2 Adoption rate of cassava modified starch in new industries or applications |
8.3 Sustainability initiatives in cassava sourcing and production |
8.4 Percentage of market share compared to traditional starch sources |
9 Philippines Cassava Modified Starch Market - Opportunity Assessment |
9.1 Philippines Cassava Modified Starch Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Philippines Cassava Modified Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cassava Modified Starch Market - Competitive Landscape |
10.1 Philippines Cassava Modified Starch Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cassava Modified Starch 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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