| Product Code: ETC8838681 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the significant presence of USA, Turkey, Mexico, Metropolitan France, and India as top corn-based ingredients exporters to the Philippines in 2024, the industry faced challenges with a high concentration level, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-2024 was -2.61%, with a notable decline in the growth rate from 2023 to 2024 at -26.85%. These figures suggest a complex market environment with potential implications for import dynamics and domestic industry players in the Philippines.

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 Based Ingredients Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Corn Based Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Corn Based Ingredients Market - Industry Life Cycle |
3.4 Philippines Corn Based Ingredients Market - Porter's Five Forces |
3.5 Philippines Corn Based Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Corn Based Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Corn Based Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for corn-based ingredients in the food processing industry due to their versatility and nutritional value. |
4.2.2 Growth in the livestock and poultry sectors, driving the need for corn-based feed ingredients. |
4.2.3 Government initiatives supporting the agriculture sector and promoting corn production. |
4.3 Market Restraints |
4.3.1 Fluctuations in corn prices due to factors like weather conditions and global market trends. |
4.3.2 Competition from other alternative ingredients in the market. |
4.3.3 Challenges related to infrastructure and logistics affecting the supply chain of corn-based ingredients. |
5 Philippines Corn Based Ingredients Market Trends |
6 Philippines Corn Based Ingredients Market, By Types |
6.1 Philippines Corn Based Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Corn Based Ingredients Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Corn Based Ingredients Market Revenues & Volume, By DDGS, 2021- 2031F |
6.1.4 Philippines Corn Based Ingredients Market Revenues & Volume, By Corn Starch, 2021- 2031F |
6.1.5 Philippines Corn Based Ingredients Market Revenues & Volume, By Feed Ingredients, 2021- 2031F |
6.1.6 Philippines Corn Based Ingredients Market Revenues & Volume, By Corn Oil, 2021- 2031F |
6.1.7 Philippines Corn Based Ingredients Market Revenues & Volume, By Fuel Ethanol, 2021- 2031F |
6.1.8 Philippines Corn Based Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Corn Based Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Corn Based Ingredients Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.3 Philippines Corn Based Ingredients Market Revenues & Volume, By Processed Foods & Beverages, 2021- 2031F |
6.2.4 Philippines Corn Based Ingredients Market Revenues & Volume, By Fuel (Ethanol), 2021- 2031F |
6.2.5 Philippines Corn Based Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Corn Based Ingredients Market Import-Export Trade Statistics |
7.1 Philippines Corn Based Ingredients Market Export to Major Countries |
7.2 Philippines Corn Based Ingredients Market Imports from Major Countries |
8 Philippines Corn Based Ingredients Market Key Performance Indicators |
8.1 Corn production yield per hectare. |
8.2 Adoption rate of corn-based ingredients in new product development by food manufacturers. |
8.3 Percentage of corn-based ingredients used in animal feed formulations. |
8.4 Number of government policies and programs supporting corn production and processing. |
9 Philippines Corn Based Ingredients Market - Opportunity Assessment |
9.1 Philippines Corn Based Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Corn Based Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Corn Based Ingredients Market - Competitive Landscape |
10.1 Philippines Corn Based Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Philippines Corn Based Ingredients 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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