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Sales of Tapioca Starch Market to Exceed Revenues Worth US$ 8,500 Mn by 2031 End
250 Pages Tapioca Starch Market Survey by Fact MR, A Leading Business and Competitive Intelligence ProviderThe unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer.
The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Tapioca Starch. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Tapioca Starch Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Tapioca Starch market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Tapioca Starch
High in carbohydrates, and devoid of gluten, grain, and nut, tapioca starch has witnessed extensive employment in the prevention of food allergies, gluten sensitivity, and celiac disease.
Growth of tapioca starch market is influenced by this cassava extract’s effectiveness in reducing the cholesterol level, preventing constipation, and maintaining blood sugar levels in light of its high fiber content. On account of these factors, tapioca starch market will exceed revenues worth US$ 8,500 Mn by 2028-end, according to a recent Fact.MR study.
This newly published and insightful report sheds light on Market Insights of Tapioca Starch, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Tapioca Starch Market.
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Tapioca Starch Market: Application in Infant Nutrition & Baby Foods Emerging as a Key Trend
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.
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Tapioca Starch Market: Flour and Pearl Variants Preferred over Other Forms among End-Users
Discerning growing requirements of end-users, prominent stakeholders have introduced various forms of tapioca extracts.
End users continue to prefer tapioca flour and tapioca pearls over other forms of this cassava extract. The study foresees these varaints of tapioca starch to record a parallel rise through 2028. Demand for tapioca pellets will flourish, outgrowing all forms of tapioca starch, during the period of forecast.
According to the Study, tapioca starch seeks extensive adoption across a wide range of applications, ranging from food & beverages to animal feed. While food & beverage industry is envisaged to hold bulk shares of the market, demand in processing industries, including textile, paper, and wood, will rise a slightly higher rate in the forthcoming years. Animal feed application is likely to trail food & beverage industry’s dominance in the tapioca starch market, in terms of both value and volume.
Tapioca Starch Market: Gluten-Free Food Demand & Prevalence of Celiac Disease to Create Requirement in North America
Albeit North America continues to hold greater market share, value and volume, than Europe, revenues from the tapioca starch market in the latter is set to grow at a comparatively higher rate through 2028.
Upward trend of gluten-free foods in North America, coupled with the prevalence of celiac disease (over 3 Mn affected individuals in the U.S.), are key growth determinants for tapioca starch market in the region. Tapioca starch market in Europe continues to remain impacted by Free Trade Agreements with third-world countries.
Starch Europe, the trade association that represents businesses related to starch industry, at both Europe and international level, has joined hands with Vietnam FTA to leverage latent opportunities in Vietnam’s emerging market to foster EU’s services, industrial, and agricultural exports. This, coupled with the occupancy of an established marketplace for gluten-free food & beverages, will underpin expansion of Europe’s tapioca starch market.
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Key Question answered in the survey of Tapioca Starch market report:
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Growth of Tapioca Starch Market
Market Analysis of Tapioca Starch
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Market Survey of Tapioca Starch
More Valuable Insights on Tapioca Starch Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Tapioca Starch, Sales and Demand of Tapioca Starch, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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