| Product Code: ETC178970 | Publication Date: Jan 2022 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Sri Lanka import trend for corn flour saw a significant growth rate of 75.0% from 2023 to 2024, with a compound annual growth rate (CAGR) of 8.01% from 2020 to 2024. This surge in imports can be attributed to increasing consumer demand for diverse food products and changing dietary preferences in the region.

In the Asia region, the Corn Flour market in Sri Lanka is projected to expand at a high growth rate of 10.37% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

The corn flour market in Sri Lanka serves a variety of culinary applications, including baking, thickening agents, and as a staple in traditional dishes. Corn flour`s versatility and nutritional benefits make it a popular choice among consumers. The market comprises local production and imports, with brands competing on quality, price, and packaging. Increasing health awareness among consumers has led to a growing preference for gluten-free and organic corn flour options. Seasonal demand peaks during festive seasons when traditional dishes are in high demand.
The corn flour market in Sri Lanka is driven by its wide application in the food industry for baking, thickening sauces, and making snack foods. The growing population and increasing demand for convenience foods boost the corn flour market. Additionally, the rise in health consciousness and the demand for gluten-free products contribute to the market`s expansion.
The corn flour market in Sri Lanka struggles with supply chain disruptions and fluctuating prices of raw corn. Local production is often insufficient to meet demand, leading to reliance on imports, which can be inconsistent and costly. Additionally, the market faces competition from other flour types, such as wheat and rice flour, which are more commonly used in local cuisine. The need for continuous quality control and adherence to food safety standards also adds to operational challenges.
The corn flour market is regulated by the Ministry of Agriculture and the Ministry of Health. Policies encourage the use of locally grown corn to boost agricultural productivity and support local farmers. The government implements food safety standards and quality control measures to ensure the production of high-quality corn flour for domestic consumption and export.
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 Sri Lanka Corn Flour Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Corn Flour Market Revenues & Volume, 2021 & 2028F |
3.3 Sri Lanka Corn Flour Market - Industry Life Cycle |
3.4 Sri Lanka Corn Flour Market - Porter's Five Forces |
3.5 Sri Lanka Corn Flour Market Revenues & Volume Share, By Application, 2021 & 2028F |
3.6 Sri Lanka Corn Flour Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
4 Sri Lanka Corn Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of corn flour |
4.2.2 Growing demand for gluten-free products |
4.2.3 Rise in disposable income leading to higher purchasing power |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Competition from other alternative flours in the market |
4.3.3 Challenges in distribution and supply chain management |
5 Sri Lanka Corn Flour Market Trends |
6 Sri Lanka Corn Flour Market, By Types |
6.1 Sri Lanka Corn Flour Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Corn Flour Market Revenues & Volume, By Application, 2018 - 2028F |
6.1.3 Sri Lanka Corn Flour Market Revenues & Volume, By Bakery And Confectionary, 2018 - 2028F |
6.1.4 Sri Lanka Corn Flour Market Revenues & Volume, By Snack Food, 2018 - 2028F |
6.1.5 Sri Lanka Corn Flour Market Revenues & Volume, By Others, 2018 - 2028F |
6.2 Sri Lanka Corn Flour Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Corn Flour Market Revenues & Volume, By Online Retail, 2018 - 2028F |
6.2.3 Sri Lanka Corn Flour Market Revenues & Volume, By Supermarkets/Hypermarkets, 2018 - 2028F |
6.2.4 Sri Lanka Corn Flour Market Revenues & Volume, By Convenience Stores, 2018 - 2028F |
6.2.5 Sri Lanka Corn Flour Market Revenues & Volume, By Others, 2018 - 2028F |
7 Sri Lanka Corn Flour Market Import-Export Trade Statistics |
7.1 Sri Lanka Corn Flour Market Export to Major Countries |
7.2 Sri Lanka Corn Flour Market Imports from Major Countries |
8 Sri Lanka Corn Flour Market Key Performance Indicators |
8.1 Consumer demand for corn flour-based products |
8.2 Number of new product launches in the corn flour segment |
8.3 Adoption rate of corn flour in various food applications |
9 Sri Lanka Corn Flour Market - Opportunity Assessment |
9.1 Sri Lanka Corn Flour Market Opportunity Assessment, By Application, 2021 & 2028F |
9.2 Sri Lanka Corn Flour Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
10 Sri Lanka Corn Flour Market - Competitive Landscape |
10.1 Sri Lanka Corn Flour Market Revenue Share, By Companies, 2021 |
10.2 Sri Lanka Corn Flour 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.
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