| Product Code: ETC8852146 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continued to be a key importer of specialty starches in 2024, with top exporting countries including Indonesia, Denmark, Netherlands, Germany, and Poland. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. Despite a slight overall growth indicated by the 0.14% compound annual growth rate (CAGR) from 2020 to 2024, there was a notable decline in import shipments in 2024 with a growth rate of -18.64% compared to the previous year. This may warrant further analysis into factors influencing this decline and potential strategies for market players to address this trend.

The specialty starches market in the Philippines is expanding as the food and beverage, pharmaceutical, and cosmetic industries seek high-quality, functional starches for various applications. Specialty starches are used as thickeners, stabilizers, and binders in food processing and drug formulation. With growing consumer demand for clean-label and natural products, the market for specialty starches is poised for continued growth.
The specialty starches market in the Philippines is growing in response to the demand for high-performance starches in food, pharmaceuticals, and industrial applications. Specialty starches are used in a wide range of products, including processed foods, biodegradable plastics, and adhesives, due to their unique functional properties. The rise of processed food consumption and the push for sustainable packaging materials are key drivers of this market. As the Philippines continues to develop its food and chemical industries, the specialty starches market is expected to expand, driven by both domestic demand and export opportunities.
The Philippines Specialty Starches Market faces challenges due to limited local production and high dependency on imports. Specialty starches are used in various applications, including food processing, pharmaceuticals, and cosmetics. However, the countrys agricultural sector is not yet equipped to produce the high-quality starches required by these industries, meaning that the market relies heavily on imported products. This increases costs and limits the availability of specialized starches for local manufacturers. Additionally, the market is constrained by the limited awareness of the benefits of specialty starches, especially in the food industry, where traditional starches still dominate.
The Philippines Specialty Starches Market is experiencing growth driven by the increasing demand for starches used in food, beverages, and industrial applications. Specialty starches are employed in the food and beverage industry for thickening, gelling, and texturizing. Investment opportunities exist in developing innovative starch solutions, especially those that cater to the growing demand for plant-based and gluten-free food products. Companies can focus on creating value-added starches that meet the needs of both food manufacturers and industrial users, positioning themselves as leaders in this evolving market.
With an agricultural base, the Philippines supports the specialty starches industry through DA-led crop diversification and post-harvest infrastructure programs. The government also encourages export of high-value starch derivatives under its agribusiness development agenda. R&D into modified starches is supported by DOST and universities, while food-grade and pharmaceutical-grade products are regulated by FDA for safety and quality assurance.
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 Speciality Starches Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Speciality Starches Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Speciality Starches Market - Industry Life Cycle |
3.4 Philippines Speciality Starches Market - Porter's Five Forces |
3.5 Philippines Speciality Starches Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Speciality Starches Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Philippines Speciality Starches Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Philippines Speciality Starches Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Philippines Speciality Starches Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.10 Philippines Speciality Starches Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Speciality Starches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Speciality Starches Market Trends |
6 Philippines Speciality Starches Market, By Types |
6.1 Philippines Speciality Starches Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Speciality Starches Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Speciality Starches Market Revenues & Volume, By Cationic, 2021- 2031F |
6.1.4 Philippines Speciality Starches Market Revenues & Volume, By Starch Esters & Ethers, 2021- 2031F |
6.1.5 Philippines Speciality Starches Market Revenues & Volume, By Resistant, 2021- 2031F |
6.1.6 Philippines Speciality Starches Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Speciality Starches Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Philippines Speciality Starches Market Revenues & Volume, By Thickeners, 2021- 2031F |
6.2.3 Philippines Speciality Starches Market Revenues & Volume, By Stabilizers, 2021- 2031F |
6.2.4 Philippines Speciality Starches Market Revenues & Volume, By Binders, 2021- 2031F |
6.2.5 Philippines Speciality Starches Market Revenues & Volume, By Emulsifiers, 2021- 2031F |
6.2.6 Philippines Speciality Starches Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Speciality Starches Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Speciality Starches Market Revenues & Volume, By Large Granule Size, 2021- 2031F |
6.3.3 Philippines Speciality Starches Market Revenues & Volume, By Medium Granule Size, 2021- 2031F |
6.3.4 Philippines Speciality Starches Market Revenues & Volume, By Small Granule Size, 2021- 2031F |
6.4 Philippines Speciality Starches Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Philippines Speciality Starches Market Revenues & Volume, By Corn, 2021- 2031F |
6.4.3 Philippines Speciality Starches Market Revenues & Volume, By Potato, 2021- 2031F |
6.4.4 Philippines Speciality Starches Market Revenues & Volume, By Wheat, 2021- 2031F |
6.4.5 Philippines Speciality Starches Market Revenues & Volume, By Tapioca, 2021- 2031F |
6.4.6 Philippines Speciality Starches Market Revenues & Volume, By Rice, 2021- 2031F |
6.4.7 Philippines Speciality Starches Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Philippines Speciality Starches Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Philippines Speciality Starches Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.5.3 Philippines Speciality Starches Market Revenues & Volume, By Medical, 2021- 2031F |
6.5.4 Philippines Speciality Starches Market Revenues & Volume, By Pet Food, 2021- 2031F |
6.5.5 Philippines Speciality Starches Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.5.6 Philippines Speciality Starches Market Revenues & Volume, By Paper, 2021- 2031F |
6.5.7 Philippines Speciality Starches Market Revenues & Volume, By Textiles, 2021- 2031F |
6.6 Philippines Speciality Starches Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Philippines Speciality Starches Market Revenues & Volume, By B2B, 2021- 2031F |
6.6.3 Philippines Speciality Starches Market Revenues & Volume, By B2C, 2021- 2031F |
7 Philippines Speciality Starches Market Import-Export Trade Statistics |
7.1 Philippines Speciality Starches Market Export to Major Countries |
7.2 Philippines Speciality Starches Market Imports from Major Countries |
8 Philippines Speciality Starches Market Key Performance Indicators |
9 Philippines Speciality Starches Market - Opportunity Assessment |
9.1 Philippines Speciality Starches Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Speciality Starches Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Philippines Speciality Starches Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Philippines Speciality Starches Market Opportunity Assessment, By Source, 2021 & 2031F |
9.5 Philippines Speciality Starches Market Opportunity Assessment, By End User, 2021 & 2031F |
9.6 Philippines Speciality Starches Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Speciality Starches Market - Competitive Landscape |
10.1 Philippines Speciality Starches Market Revenue Share, By Companies, 2024 |
10.2 Philippines Speciality Starches 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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