The Tapioca Starch Market Is Expected To Reach Nearly US$ 9 Bn By 2031

As per Fact.MR's report, between 2017 and 2021, the global sales of tapioca starch exceeded US$ 4.7 Bn, registering a CAGR of approximately 5.8%. 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. Thus, due to the aforementioned factors, the sales of tapioca starch are expected to surpass US$ 9 Bn registering a CAGR of 6.7% by the assessment period 2022-2032.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.factmr.com/connectus/sample?flag=S&rep_id=844

𝐈𝐬 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐏𝐫𝐨𝐦𝐨𝐭𝐢𝐧𝐠 𝐀𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐭𝐨 𝐓𝐚𝐩𝐢𝐨𝐜𝐚 𝐒𝐭𝐚𝐫𝐜𝐡?

Adoption of tapioca starch among urban consumers is likely to trace a gradual upward graph, driven by demand in food as well as industrial processing applications. This has further encouraged communication between relevant market stakeholders and consumers, resulting in the development of a robust distribution network as a consequence. Presence of an effective and an efficient supply chain has enabled delivery of high-quality tapioca starch, while foraying urban markets at affordable costs compared to its alternatives, such as potato and corn starch.
Albeit corn and potato starch represent pervasive dominance in the worldwide starch industry, undesired cereal flavor, cloudy appearances, and lower tendency to gel of corn and potato starch pastes will open doors for their alternatives, such as tapioca starch.
A slew of excellent traits of tapioca starch, including resistance to longer cooking times, persistent quality during food reheating & freezing processes, and complete dissolution with high viscosity & clarity retention property, have considerably led their adoption in the food industry. This has significantly driven growth of the tapioca extract market.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐓𝐚𝐩𝐢𝐨𝐜𝐚 𝐒𝐭𝐚𝐫𝐜𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
By Source :
• Bitter Cassava Tapioca Starch
• Sweet Cassava Tapioca Starch

By Form :
• Tapioca Pearls
• Tapioca Flour
• Tapioca Granules
• Tapioca Flakes
• Tapioca Pellets
• Tapioca Syrup

By Application :
• Tapioca Starch for Food & Beverages
• Tapioca Starch for Industrial Processing
• Tapioca Starch for Animal Feed
• Tapioca Starch for Other Applications

𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐲-𝐖𝐢𝐬𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬
𝐒𝐰𝐞𝐞𝐭𝐧𝐞𝐬𝐬 𝐨𝐟 𝐓𝐚𝐩𝐢𝐨𝐜𝐚 𝐏𝐞𝐚𝐫𝐥𝐬 𝐆𝐚𝐢𝐧𝐢𝐧𝐠 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐟𝐨𝐫 𝐓𝐚𝐩𝐢𝐨𝐜𝐚 𝐒𝐭𝐚𝐫𝐜𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲?
Discerning growing requirements of end-users, prominent stakeholders have introduced various forms of tapioca extracts ranging from tapioca flour to tapioca pearls. Amongst these, tapioca pearls are have gained popularity owing to their texture.
In addition, tapioca pearls are widely used in Europe and North America as boba tea. In addition, manufacturers of tapioca pearls are offering the same in various colours and flavours. Moreover, the sweetness of tapioca pearls is widening the demand among consumers. Thus, according to Fact.MR, tapioca pearls are expected to possess more than 30% market share for tapioca starch industry.

𝐅𝐨𝐨𝐝 𝐁𝐢𝐧𝐝𝐢𝐧𝐠 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 𝐄𝐬𝐜𝐚𝐥𝐚𝐭𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐓𝐚𝐩𝐢𝐨𝐜𝐚 𝐒𝐭𝐚𝐫𝐜𝐡 𝐢𝐧 𝐅𝐨𝐨𝐝 & 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲?
According to the study, tapioca starch seeks extensive adoption across a wide range of applications ranging from food & beverages to animal feed. Moreover, food & beverage industry is envisaged to hold bulk shares of the market. This is due to the qualities provided by tapioca starch. Tapioca starch is widely used in the food and beverages industry. This is owing to tapiocas binding and stabilizing capabilities. In addition, tapioca does not change the colour of any food nor does it give any odour.
Thus, it gels up easily with food by giving it the required consistency. Furthermore, demand is expected to rise in processing industries, including textile, paper, and wood. This will rise a slightly higher rate for the above mentioned industries in the forthcoming years. Thus, food and beverage industry is expected to hold more than 45% market share for tapioca starch in the sales indicator period.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:https://www.factmr.com/connectus/sample?flag=RC&rep_id=844

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐰𝐢𝐬𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
𝐏𝐫𝐞𝐯𝐚𝐥𝐞𝐧𝐜𝐞 𝐨𝐟 𝐂𝐞𝐥𝐢𝐚𝐜 𝐃𝐢𝐬𝐞𝐚𝐬𝐞 𝐭𝐨 𝐂𝐫𝐞𝐚𝐭𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐓𝐚𝐩𝐢𝐨𝐜𝐚 𝐒𝐭𝐚𝐫𝐜𝐡 𝐢𝐧 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚?
In the last few years, countries like U.S. and Canada have shown a growing inclination towards gluten-free foods. In addition, over 3 million people from the region are affected from celiac disease in North America. Thus, people in the region are investing in food that would suit their needs. Moreover, presence of major tapioca starch manufacturers in the region is increasing the sales for the same.
Thus, North America continues to hold a greater market share, value and volume in comparison to other regions. This has led to North America garnering more than US$ 60 Mn market value in the assessment period for tapioca starch, accumulating a market share of 45%.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

• In April 2021, Cargill, Inc. partnered with Starpro, the leading manufacturer and provider of tapioca starch in Thailand. Through this partnership, the company is focusing on expanding their business in the Asia Pacific region.
• In February 2021, Tate & Lyle PLC announced that it had acquired 85% shareholding in Chaodee Modified Starch Co Ltd located in Thailand.
• In March 2021, Cargill, Inc. added label-friendly tapioca starches to its Slim-Pure line of label-friendly starches. The company is focusing on delivering creamy textures and offering cold storage stability.
• In January 2021, Tate & Lyle PLC announced the expansion of its line of tapioca based starches. The company launched REZISTA MAX thickening starches and BRIOGEL gelling starches. The company is focusing on improving the texture and fluidity of tapioca starches.

Key Companies Profiled:
• Cargill Inc.
• Tate & Lyle Plc.
• Emsland-Starke GmbH
• Navin Chemicals
• Pruthvi's Foods Pvt. Ltd.
• Vaighai Agro Products Ltd.
• Sonish Starch Technology Co. Ltd.
• American Key Food Products
• Varalakshmi Starch Industries Pvt. Ltd.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐮𝐦𝐦𝐚𝐫𝐲

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of global metal cloud services across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of bare metal cloud services during the forecast period. Price point comparison by region with global average price is also considered in the study.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

https://www.prnewswire.com/news-releases/chelating-resins-sales-accelerating-as-application-in-chlor-alkali-rises-factmr-301249343.html

https://www.prnewswire.com/news-releases/demand-for-nitrile-disposable-gloves-growing-factmr-study-301250236.html

https://www.prnewswire.com/news-releases/impact-of-growing-electric-vehicle-sales-on-anisotropic-conductive-film-acf-manufacturers-factmr-301251112.html

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com

About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

This release was published on openPR.