Global Tapioca Starch Market Booming Trends and Forecast Assessment for the Period 2018–2028 with Key Producing Countries – Thailand, Vietnam, Paraguay, Brazil, Cambodia
Tapioca starch is a starch gleaned from cassava roots in the form of powder, flour, or hard white grains. With low content of protein, vitamin, and mineral, and rich in carbohydrates, tapioca starch has been extensively used in the food industry as an additive as well as a staple food. Prominent application of tapioca starch as a stabilizing or thickening agent in the food industry for the preparation of sauces, puddings, soups, and meat products will continue to drive growth of the tapioca starch market.
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Tapioca starch has gained immense popularity as one of the imperative calorie source, after maize and rice, in tropical regions such as Asia, Latin America, and Africa. Broad agro-ecological adaptability and ability of cassava plant to produce larger yields, at affordable investments, has further facilitated meeting rising demand for tapioca starch among end-use industries. Widespread applicability of tapioca starch across myriad industries, ranging from food & beverages to animal feed, will continue to underpin growth of the tapioca starch market.
Inherent properties of tapioca starch enable its utilization as an alternative to some leading starches in the world, including corn and potato starch. Tapioca starch continue to prevail as a hidden ingredient in the global supply chain, as most consumers are unaware of their daily interaction & consumption of this cassava extract. Emerging applications in infant formulas and baby food products, coupled with innovation-driven efforts of major producers, is expected to fuel future growth of the tapioca starch market.
As the popularity of tapioca starch represents a surge, manufacturers are introducing innovations with regard to processing techniques and packaging methods. Additionally, new recipes involving tapioca starch have been gaining momentum worldwide recently. Following the suit of changing consumption patterns of consumers, novel packaging designs are viewed by manufacturers as a key sales strategy to modern customers, who are becoming more aware about product labelling and opting for clean-label products. This is further expected to significantly influence growth of the tapioca starch market in the forthcoming years.
Food manufacturers are experimenting ways for delivering different snacks including tapioca starch, to compete with corn and potato starch-based snacks that have an established presence. Consumer preference for clean-label products, along with quality & taste, in combination with this cassava extract’s ability to serve as an effective alternative to modified starches employed in processed food products, will continue to be significant growth determinants for the tapioca starch market.
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Tapioca starch has witnessed extensive adoption as bodying agent in a plethora of commercially available baby food products and infant nutritional supplements. Gluten-free, organic tapioca starch has witnessed high consumption from individuals affected from celiac disease. Uptake of female working population, which has driven demand for infant formulas, will further compliment expansion of the tapioca starch market in the upcoming years.
This cassava extract represents robust consumption as “superfood” in countries such as India, in light of its associated health benefits. Besides enriched with carbohydrates, tapioca starch is rich in minerals, such as calcium and iron, essential for maintaining bone and blood health. Additionally, tapioca pearls witness high consumption on account of their traits including blood pressure regulation, and constipation & indigestion prevention. Health benefits such as these will continue to drive popularity of this cassava extract, and fuel future growth of the tapioca starch.
Table of Contents
Global Tapioca Starch Market – Executive Summary
Global Tapioca Starch Market Outlook Overview
2.2. Market Definition
2.3. Scope of Report
2.4. Mega Trends
3.1. Key Growth Drivers
3.2. Market Challenges
3.3. Industry Trends
3.4. Tapioca Starch Market Growth opportunities
3.5. Wheel of Fortune
Associated Industry and Key Indicator Assessment
4.1. Supply Chain
4.2. Investment Feasibility Matrix
4.3. Porter’s Five Forces Analysis
4.4. PEST Analysis
4.5. Cost Structure Analysis
4.6. Forecast Scenario
4.7. Global Tapioca Starch Market – Price Point Analysis
4.7.1. Price Point Assessment by Source, 2017
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