You are viewing: Indonesia Starch Derivatives Market analysis
Part of: Starch Derivatives Market (Global)

The Indonesia Starch Derivatives Market was valued at $974.4 Million in 2023 and projected to reach to $1157.3 Million by 2028, representing a compound annual growth rate of 3.5%. Indonesia's starch derivatives market is poised for steady expansion, growing from USD 974.4 million in 2023 to USD 1,157.3 million by 2028 at a 3.5% CAGR.

Indonesia Starch Derivatives Market (2023-2028) : Size and Share
logo-mobile
CAGR of
cagr-Chart
USD Million
MARKET SNAPSHOT
Market Size in USD 26.32 MN
Market Forecast in
CAGR
Forecast Period
Units Considered Value (USD MN)

Indonesia Starch Derivatives Market Trends and Insights

  • This steady growth reflects Indonesia's position as a major agricultural producer and increasing demand for processed food and beverage applications across the archipelago.
  • Indonesia's abundant cassava and corn production provides a strong raw material foundation for starch derivative manufacturers serving both domestic and regional markets. The Indonesian starch derivatives market is driven by rising consumption in food processing, pharmaceuticals, and industrial applications.
  • Indonesia's growing middle class and urbanization trends are fueling demand for convenience foods and packaged goods that rely on starch derivatives as key functional ingredients.
  • Between 2023 and 2028, Indonesia is expected to see accelerated adoption of modified starches in confectionery, bakery, and dairy sectors, supported by expanding retail infrastructure and export opportunities throughout Southeast Asia..

Key Market Statistics

  • CAGR (2023-2028) 3.5% CAGR
  • Market Size, 2023 ~USD 974.4 Million
  • Forecast, 2028 ~USD 1157.3 Million
  • Country Indonesia

Indonesia Starch Derivatives Market Overview

Market Valuation :

Indonesia's starch derivatives market reached USD 974.4 million in 2023, driven by the country's robust agricultural sector and growing food processing industry.

Cassava Production Leadership :

As one of the world's largest cassava producers, Indonesia leverages its abundant raw material supply to manufacture cost-competitive starch derivatives for domestic and regional markets.

Food & Beverage Demand :

Rising consumption of processed foods, bakery products, and beverages across Indonesia's growing middle class is fueling demand for functional starch derivatives and modified starches.

Regional Export Hub :

Indonesia's strategic location in Southeast Asia positions it as a key supplier of starch derivatives to neighboring countries, supporting market expansion beyond domestic consumption.

Indonesia Starch Derivatives Market Dynamics

  • This growth trajectory reflects increasing industrialization of the food and beverage sector, rising urbanization, and growing consumer preference for processed and convenience foods.
  • The country's competitive advantage in cassava production ensures stable raw material availability and cost efficiency. Key growth drivers include expanding applications in confectionery, dairy, and beverage industries, alongside rising demand for clean-label and functional food ingredients.
  • Government support for agricultural value-addition and food processing infrastructure development will further strengthen market fundamentals.
  • However, competition from synthetic alternatives and price volatility in agricultural commodities may present moderate headwinds to sustained growth..

Related Ecosystem

Fandb Additives

Top Technologies
  • Dairy Products
  • Bakery Products
  • Polyglycerol Esters
  • Microorganism
  • Carbohydrates
Top Companies
  • AZELIS HOLDINGS SA
  • Archer-Daniels-Midland Company
  • Amway
  • UNILEVER PLC
  • DuPont de Nemours, Inc.

    Fandb Ingredients

    Top Technologies
    • Dairy Products
    • Bakery Products
    • Microorganism
    • Polydextrose
    • Carbohydrates
    Top Companies
    • AZELIS HOLDINGS SA
    • Archer-Daniels-Midland Company
    • Kerry Group plc
    • Amway
    • DSM FIRMMENICH

      Key Takeaways

      • Indonesia's starch derivatives market reached USD 974.4 million in 2023 with a projected value of USD 1,157.3 million by 2028.
      • Indonesia maintains a 3.5% CAGR, driven by growing food processing demand and abundant raw material availability.
      • Indonesia's expanding middle class and urbanization are accelerating consumption of processed foods containing starch derivatives.
      • Indonesia's strategic position in Southeast Asia positions it as a key supplier of starch derivatives to regional markets.

      Starch Derivatives Market Report Scope

      Report Metric Details
      Base Year 2023
      Fastest Growing Segment –COSMETICS (Application)
      Forecast Period 2023–2028
      Growth Rate CAGR of 3.4% from 2023 to 2028
      Largest Segment DRY (Form)
      Market Size Base Year (Billions) ~USD 57.87 (2023)
      Revenue Forecast (Billions) ~USD 68.4 (2028)
      Segments Covered Type, Application, Source, Form

      Indonesia Starch Derivatives Market Report Segmentation

      4 segment dimensions are covered across the global market.

      By Type

      • Cyclodextrin
      • Glucose Syrup
      • Hydrolysates
      • Maltodextrin
      • Modified Starch

      By Application

      • Feed
      • Food & Beverages
      • Industrial
      • –Bakery & Confectionery Products
      • –Beverages
      • –Cosmetics
      • –Medicines & Pharmaceuticals
      • –Other Food Applications
      • –Other Industrial Applications
      • –Papermaking
      • –Processed Foods
      • –Weaving & Textiles

      By Source

      • Arrowroot
      • Corn
      • Other Sources
      • Potato
      • Rice
      • Tapioca
      • Wheat

      By Form

      • Dry
      • Liquid

      INDONESIA: STARCH DERIVATIVES MARKET, BY APPLICATION, 2023–2028

      Segment202320242025202620272028CAGR (%)
      FEED41.642.743.845.146.5482.9
      FOOD & BEVERAGES632.1650.2670.1692716742.23.3
      INDUSTRIAL300.7311.7323.8337351.4367.14.1
      TOTAL974.41004.61037.81074.11113.81157.33.5

      Target Audience

      • Food & Beverage Manufacturers : Indonesian and regional F&B producers need market data to source starch derivatives competitively, understand local demand trends, and optimize product formulations for the growing Indonesian consumer base.
      • Starch Derivative Producers : Domestic and international starch manufacturers require Indonesia-specific market intelligence to assess production capacity requirements, identify growth opportunities, and benchmark against local competitors.
      • Agricultural & Commodity Traders : Cassava suppliers and agricultural traders need market forecasts to plan production volumes, understand downstream demand dynamics, and optimize supply chain investments in Indonesia.
      • Investment & Private Equity Firms : Investors evaluating opportunities in Indonesia's food processing sector require validated market data, growth projections, and competitive analysis to support due diligence and valuation models.
      • Government & Trade Organizations : Indonesian government agencies and trade bodies need market research to develop agricultural policies, support industry development initiatives, and promote starch derivative exports regionally.

      Key Companies in the Indonesia Starch Derivatives Market

      CompanyHQOwnershipStrongest segments
      SOJITZ CORPORATIONJapanPublic CompanyMetals, minerals, and energy resources,Automotive, mobility, and industrial machinery,Infrastructure, power, and transportation (incl. IPP/IWPP, aircraft, marine),
      BUNGE LIMITEDUnited StatesPublic CompanySoybean Processing and Refining (incl. biodiesel & fertilizer),Softseed Processing and Refining (incl. biodiesel),Other Oilseeds Processing and Refining (specialty),
      SENSUS, INCUnited StatesPublic CompanySRT-100 and SRT-100+ systems,SRT-100 Vision systems,Sentinel service program and service contracts,
      AMWAYMalaysiaPublic CompanyHealth and wellness (NUTRILITE, bodykey, XS),Beauty and personal care (ARTISTRY, G&H, GLISTER, SATINIQUE),Home living systems (eSpring, ATMOSPHERE),
      ROYAL COSUNNetherlandsPrivate CompanyBeet sugar and co-products,Potato products (chilled, frozen, dried, specialties),Plant-based ingredients (inulin, starch, fruit and vegetable products),
      CARGILL, INCORPORATEDUnited StatesPrivate CompanyGrains and oilseeds origination, trading, processing, and distribution,Animal nutrition and supplements,Meat and poultry products,
      ADMUnited StatesPublic CompanyAg Services and Oilseeds (target-market relevant share),Carbohydrate Solutions (food and feed applications),Nutrition – Human,
      TATE & LYLEUnited KingdomPublic CompanySweeteners (bulk and specialty),Fibres,Starches, proteins, and functional flours,
      AGRANA BETEILIGUNGS-AGAustriaPublic CompanyFood and Beverage Solutions,ACS-Starch,ACS-Sugar,
      INGREDION INCORPORATEDUnited StatesPublic CompanyCommodity sweeteners (HFCS, glucose syrups, dextrose, high maltose),Specialty and modified starches (food texturizers and clean-label solutions),Industrial starches and biomaterial solutions,
      AVEBENetherlandsPrivate CompanyFood-grade potato starch and functional systems (Solvitose, Perfectasol, Eliane, Etenia, Paselli, Perfectacote, Perfectafilm),Potato protein and feed co-products (Solanic, Protamylasse, Protamyl, Protastar),Industrial starches for paper, construction, adhesives, textiles, inks (Casucol, Amylofax, Perfectamyl, Puramyl, Farinex, Avedex, Solvicol),
      THE SUKHJIT STARCH & CHEMICALS LTD.IndiaPublic CompanyMaize starch (native),Modified and pregel starches,Liquid glucose, high maltose syrup, malto dextrin,
      UNIVERSAL STARCH CHEM ALLIED LTDIndiaPublic CompanyMaize starch (native and modified),Dextrose monohydrate and anhydrous,Liquid glucose and syrups,

      SOJITZ CORPORATION

      Sojitz Corporation is a Japanese public company founded in 1862 with 26,789 employees. It operates as a diversified trading and investment company with a long-established presence in global markets.

      BUNGE LIMITED

      Bunge Limited is a United States-based public company founded in 1818 with 34,000 employees. It operates as a major global agribusiness and food ingredient company.

      SENSUS, INC

      Sensus, Inc. is a United States-based public company founded in 2010 with 60 employees. It operates as a specialized business within its sector.

      AMWAY

      Amway is a Malaysia-based public company founded in 1976 with 308 employees. It operates as a direct sales and consumer goods organization.

      ROYAL COSUN

      Royal Cosun is a private company based in the Netherlands with 4,528 employees. It operates within its industry sector with significant operational scale.

      CARGILL, INCORPORATED

      Cargill, Incorporated is a United States-based private company founded in 1865 with 155,000 employees. It is one of the largest privately-held agribusiness and food production companies globally.

      ADM

      ADM (Archer Daniels Midland) is a United States-based public company founded in 1902 with 41,147 employees. It operates as a major global processor of agricultural commodities and producer of food ingredients.

      TATE & LYLE

      Tate & Lyle is a United Kingdom-based public company founded in 1903 with 4,840 employees. It operates as a specialty food ingredients and solutions provider.

      AGRANA BETEILIGUNGS-AG

      Agrana Beteiligungs-AG is an Austria-based public company founded in 1988 with 8,353 employees. It operates as a producer of fruit preparations, starch products, and bioethanol.

      INGREDION INCORPORATED

      Ingredion Incorporated is a United States-based public company founded in 1906 with 11,200 employees. It operates as a global ingredient solutions provider for the food and industrial sectors.

      AVEBE

      Avebe is a Netherlands-based private company founded in 1919 with 1,155 employees. It operates as a producer of potato starch and starch-based products.

      THE SUKHJIT STARCH & CHEMICALS LTD.

      The Sukhjit Starch & Chemicals Ltd. is an India-based public company founded in 1943 with 1,336 employees. It operates as a producer of starch and chemical products.

      UNIVERSAL STARCH CHEM ALLIED LTD

      Universal Starch Chem Allied Ltd is an India-based public company founded in 1973 with 357 employees. It operates as a manufacturer of starch and allied chemical products.

      Reasons to Buy this Report

      • Country-Specific Market Sizing : Obtain precise valuation data for Indonesia's starch derivatives market with verified 2023 baseline (USD 974.4M) and 2028 forecast (USD 1,157.3M), enabling accurate business planning and investment decisions.
      • Competitive Landscape Intelligence : Understand Indonesia's unique competitive advantages in cassava production, manufacturing capabilities, and regional export positioning to identify market entry strategies and partnership opportunities.
      • Sector-Specific Growth Drivers : Access detailed analysis of Indonesia-specific demand catalysts including urbanization trends, food processing expansion, and consumer preference shifts driving the 3.5% CAGR.
      • Supply Chain & Raw Material Insights : Leverage comprehensive data on Indonesia's cassava production capacity, agricultural supply chains, and cost structures to optimize sourcing and manufacturing strategies.
      • Strategic Market Entry Planning : Utilize Indonesia-focused market intelligence to develop targeted go-to-market strategies, identify key customer segments, and forecast revenue potential in this high-growth Southeast Asian market.

      Frequently asked questions

      What is the current market size of starch derivatives in Indonesia?

      Indonesia's starch derivatives market was valued at USD 974.4 million in 2023 and is expected to reach USD 1,157.3 million by 2028.

      What is the growth rate of Indonesia's starch derivatives market?

      Indonesia's starch derivatives market is growing at a CAGR of 3.5% from 2023 to 2028.

      What are the main applications of starch derivatives in Indonesia?

      In Indonesia, starch derivatives are primarily used in food processing, pharmaceuticals, confectionery, bakery products, and dairy applications.

      Why is Indonesia a significant market for starch derivatives?

      Indonesia is significant due to its abundant cassava and corn production, large population, growing middle class, and strategic position as a regional supplier in Southeast Asia.

      What factors are driving growth in Indonesia's starch derivatives market?

      Growth in Indonesia is driven by urbanization, rising disposable incomes, increased demand for processed foods, and expansion of food manufacturing and export sectors.

      RESEARCH METHODOLOGY

      This research involves the extensive use of secondary sources; directories; and databases (Bloomberg and Factiva) to identify and collect information useful for a technical, market-oriented, and commercial study of the Starch derivatives market. In-depth interviews were conducted with various primary respondents, such as key industry participants, Subject Matter Experts (SMEs), C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information and to assess prospects.

      Secondary Research

      In the secondary research process, various sources, such as the Food and Agricultural Organization (FAO), United States Department of Agriculture (USDA), U.S. Food and Drug Administration (FDA) U.S. Food and Drug Administration (FDA), European Food Safety Authority (EFSA), World Health Organization (WHO), Consumer Healthcare Products Association (CHPA), European Federation of Associations of Health Product Manufacturers (EHPM), Canadian Health Food Association (CHFA), and Health Food Manufacturers' Association (HFMA), associations were referred to identify and collect information for this study. The secondary sources also include journals, press releases, investor presentations of companies, whitepapers, certified publications, articles by recognized authors and regulatory bodies, trade directories, and paid databases.

      Primary Research

      The Starch derivatives market encompasses various stakeholders involved in the supply chain, raw material manufacturers, raw material suppliers, regulatory organizations, and research institutions. To gather comprehensive information, primary sources from both the supply and demand sides were engaged. Primary interviewees from the supply side consisted of manufacturers, distributors, importers, and technology providers involved in the production and distribution of Precision fermentation. On the demand side, key opinion leaders, executives, and CEOs of companies in the Starch derivatives industry were approached through questionnaires, emails, and telephonic interviews. This approach ensured a comprehensive and well-rounded understanding of the Starch derivatives market from various perspectives.

      Starch Derivatives Market Primary Research

      To know about the assumptions considered for the study, download the pdf brochure

      Market Size Estimation

      The top-down and bottom-up approaches were used to estimate and validate the market’s and various dependent submarkets’ size. The research methodology used to estimate the market size includes extensive secondary research of key players, reports, reviews, and newsletters of top market players, along with extensive interviews from leaders, such as CEOs, directors, and marketing executives.

      Global Starch Derivatives Market Size: Bottom-Up Approach

      Starch Derivatives Market Bottom-Up Approach

      To know about the assumptions considered for the study, Request for Free Sample Report

      Global Starch Derivatives Market Size: Top-Down Approach

      Starch Derivatives Market Top-Down Approach

      Market Definition

      Starch is a naturally abundant nutrient carbohydrate consisting of a large number of glucose units, mainly obtained from natural sources such as corn, potatoes, wheat, rice, and other plant sources commonly prepared as a white amorphous powder. Starch derivatives are prepared by treating starch through different processes such as hydrolysis, extraction, purification, and chemical treatment to be utilized in a wide range of food and non-food applications. Starch derivatives are used for functions such as thickening, stabilizing, binding, and emulsification.

      Data Triangulation

      The data triangulation and market breakdown procedures explained above were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

      Key Stakeholders

      • Starch and starch derivative manufacturers and processors
      • Intermediate suppliers such as traders and distributors of starch and starch derivatives
      • Manufacturers of food & beverage ingredients, processed food, and feed
      • Other manufacturing industries such as the personal care, pharmaceutical, and papermaking industries
      • Government and research organizations
      • Associations, regulatory bodies, and other industry-related bodies:
        • Starch Europe
        • The Food and Agriculture Organization (FAO)
        • Food and Drug Administration (FDA)
        • US Department of Agriculture (USDA)
        • European Food Safety Agency (EFSA)
        • Agriculture and Agri-Food Canada
        • National Corn Grower Association - World of Corn
        • The International Food Additives Council (IFAC)
        • Food Processing Suppliers Association (FPSA)
        • Food Standards Australia New Zealand (FSANZ)

      Report Objectives

      • To define, segment, and project the global market for Starch derivatives on the basis of type, source, form, application, functionality, and region 
      • To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
      • To strategically analyze the micro markets with respect to individual growth trends, future prospects, and their contribution to the total market
      • To analyze the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
      • To project the size of the market and its submarkets, in terms of value with respect to the regions (along with the key countries)
      • To strategically profile the key players and comprehensively analyze their market position and core competencies
      • To analyze competitive developments in the Starch derivatives market, including joint ventures, mergers & acquisitions, new product developments, and research & development activities

      Available Customizations:

      With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

      The following customization options are available for the report:

      Product Analysis

      • Product Matrix, which gives a detailed comparison of the product portfolio of each company

      Geographic Analysis

      With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

      • Further breakdown of the Rest of the European Starch derivatives market, by key country
      • Further breakdown of the Rest of the Asia Pacific Starch derivatives market, by key country
      • Further breakdown of the Rest of South America Starch derivatives market, by key country

      Company Information

      • Detailed analyses and profiling of additional market players

      Get the Full Starch Derivatives Market Report

      Full forecast, segment splits, and company analysis for all Starch Derivatives Market.

      Need a Tailored Report?

      Customize this report to your needs

      Get 10% FREE Customization

      Customize This Report
      Fact checked
      DMCA.com Protection Status