Cassava Starch Market Size, Share, Key Players, Industry Insights, Opportunity and Forecast 2023-2028

According to IMARC Group's latest report, titled "𝐂𝐚𝐬𝐬𝐚𝐯𝐚 𝐒𝐭𝐚𝐫𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖", The global cassava starch market size reached US$ 4.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.85% during 2023-2028.

Cassava starch, also called tapioca, represents a fine and white crystalline flour procured from fresh cassava roots through pulping and washing. It is a rich source of amylose, iron, folate, amylopectin, manganese, carbohydrates, calcium, etc., which support gut health and facilitate blood sugar levels. In addition to this, cassava starch also contains vitamin C, which promotes immune function and collagen production. It is a gluten-free and non-allergenic product comprising low amounts of saturated fat and sodium. Consequently, cassava starch finds extensive applications in various industries, such as food and beverage (F&B), paper and pulp, textiles, etc., across the globe.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐛𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://www.imarcgroup.com/cassava-starch-processing-plant/requestsample

Cassava Starch Market Trends:

The expanding working population and the inflating disposable income levels of individuals are propelling the demand for ready-to-eat (RTE) food products, which is primarily driving the cassava starch market. Additionally, the widespread adoption of this flour as a thickening agent in soups, noodles, ice creams, bakery products, yogurt, soft drinks, etc., is further catalyzing the market growth. Besides this, it is also utilized in the pharmaceuticals industry to formulate specific medicines, which is acting as another significant growth-inducing factor. Moreover, the rising popularity of cassava starch for sizing, finishing, and printing, owing to its flexibility, abrasion resistance, ability to form a bond with the fiber, etc., is positively influencing the global market. Apart from this, it aids in covering blemishes or defects and provides the finishing look to a final product. Furthermore, the growing usage of biofuels in automobiles, on account of the implementation of stringent regulations by government bodies for minimizing carbon emissions, is expected to fuel the cassava starch market over the forecasted period.

Cassava Starch Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the cassava starch market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• TCS Tapioca
• Eiamehang Tapioca
• Sunrise International
• PT Buda Starch & Sweetener
• SPAC Tapioca

Key Market Segmentation:

The report has segmented the global cassava starch market on the basis of end-use and region.

Breakup by End-Use:

• Sweeteners
• MSG/Lysine
• Food Industries
• Paper Industries
• Modified Starch
• Sago Pearl
• Textile
• Others

Breakup by Region:

• Production
o Asia
o Africa
o Latin America
o Others

• Consumption
o China
o Indonesia
o Malaysia
o Japan
o Philippines
o Others

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝟏𝟎% 𝐟𝐫𝐞𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/cassava-starch-processing-plant

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝗦:

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This release was published on openPR.