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Native Cassava Starch Market Predicted to Reach a Worth of USD XX Million by 2032, Driven By Increasing Demand for Gluten-Free and Clean Label Products

07-05-2024 01:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

The global Native Cassava Starch market, valued at USD XX Million in 2023, is projected to reach USD XX Million by 2032, according to a recently published report by Dataintelo. The market is anticipated to experience robust growth, with a CAGR of XX% during the period 2024-2032. This positive trend is primarily driven by the increasing consumer demand for gluten-free products and the expanding applications of cassava starch in the food and beverage industry.

The rise in demand for clean label products is expected to further bolster the growth of the cassava starch market. More and more consumers are demanding transparency in food ingredients, prompting manufacturers to turn to native cassava starch thanks to its natural and unmodified properties.

Key players in the global native cassava starch industry have recognized this trend and are escalating production to meet these changing market preferences. Native cassava starch, derived from the roots of the cassava plant, is a crucial ingredient in food preparations because of its superior thickening properties. Plus, being a completely natural product, it aligns perfectly with the burgeoning consumer demand for clean label, natural, and gluten-free products.

The burgeoning demand for native cassava starch is being fuelled not just by the food and beverage industry, but also by its increased usage in other sectors like pharmaceuticals, personal care, and the paper industry. The substance's versatility and wide range of potential applications are set to play a pivotal role in defining the trajectory of this market over the next decade.

The report from Dataintelo provides an in-depth analysis of market growth drivers, restraints, opportunities, and market trends. It also offers a comprehensive study of key players and detailed segmentation of the market, coupled with growth in leading regions and countries

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/488367

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The ๐๐š๐ญ๐ข๐ฏ๐ž ๐‚๐š๐ฌ๐ฌ๐š๐ฏ๐š ๐’๐ญ๐š๐ซ๐œ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Pullulan
โ— Amylose

๐…๐จ๐ซ๐ฆ
โ— Dry
โ— Liquid

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Food
โ— Beverages
โ— Textile
โ— Paper
โ— Adhesives

๐†๐ซ๐š๐๐ž
โ— Food Grade
โ— Industrial Grade

๐’๐จ๐ฎ๐ซ๐œ๐ž
โ— Organic
โ— Conventional

๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ
โ— Online
โ— Offline

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— ADM
โ— AGRANA Beteiligungs-AG
โ— Bangkok Starch Industrial Co.,Ltd.
โ— Banpong Tapioca
โ— Cargill, Incorporated
โ— Chaiyaphum Plant Products
โ— Chol Charoen
โ— CP Intertrade
โ— Dow
โ— DuPont
โ— Emsland Group
โ— FOCOCEV
โ— Gao Yuan
โ— ๐†๐ซ๐š๐ข๐ง ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ข๐ง๐  ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง
โ— Hunan Er-Kang
โ— Hung Duy
โ— Ingredion Inc.
โ— Kraft Heinz Company
โ— MGP Ingredients
โ— Nagase America Corporation
โ— Nong Ken
โ— North Eastern Starch
โ— ROI ET Group
โ— Roquette Frรจres
โ— Samyang Corporation
โ— Spac Starch Products Ltd
โ— Tate & Lyle
โ— Tereos
โ— ๐“๐ก๐š๐ข ๐…๐ฅ๐จ๐ฎ๐ซ
โ— Thai Wah Public Company Limited.
โ— Thanawat Group

The Native Cassava Starch market can be divided according to different characteristics. When segmenting by type, the market is predominantly split into Pullulan and Amylose. In terms of form, Cassava starch is prepared in either a dry or liquid state. These different forms can cater to specific demands according to the user's convenience and storage needs. Additionally, the market sees varied applications in food, beverages, textiles, paper, and adhesives industries due to its versatile properties. The different applications imply the wide-ranging use and demand for the product. Further, it is categorized based on its grade, either as food grade or industrial grade, demonstrating its uses in both edible products and industrial processes. Depending upon its procuring method, cassava starch is sourced from either organic or conventional means. As digitalization spreads globally, it can be distributed through both online and offline channels, providing a wider reach for this product.

The regional analysis of the Native Cassava Starch Market reveals its widespread distribution and demand globally. In the Asia Pacific region, cassava starch is a staple in many diets, its demand in the food industry is significantly high. In North America, the product is prominently used in industrial applications such as textiles, paper, and adhesives. Latin America, a prominent cassava-producing region, sees a considerable demand for this product. Europe mainly utilizes cassava starch in its beverage industry. Meanwhile, the Middle-East and Africa regions show a balanced demand in both food and industrial sectors. Key players worldwide, such as ADM, AGRANA Beteiligungs-AG, Bangkok Starch Industrial Co.,Ltd., Banpong Tapioca, Cargill, and others have a major role in the production and distribution of native cassava starch

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/488367

Market Drivers:

1. Increased Demand in Food and Beverage Industry: Cassava starch is widely used in the food industry because of its thickening and texturizing properties. It's used in numerous products such as soups, sauces, bakery products, desserts, and snacks.

2. Growing Commercial Usage: Besides the food and beverage industry, cassava starch is also used in various industrial applications including textiles, adhesives, paper, and pharmaceutical industries. The rising demand from these industries is helping to drive the market.

3. Rising Health Consciousness: Cassava is a gluten-free product that is high in carbohydrates, making it a healthy alternative for other types of starch. This, coupled with the increased health awareness among consumers, is contributing to the growth of the native cassava starch market.

4. Environmentally Friendly: Cassava starch is biodegradable and renewable, which makes it an environmentally friendly substitute for synthetic and semi-synthetic materials. As companies worldwide are focusing on sustainability, this is creating opportunities for the product's market.

5. Growing Popularity in Biofuels: There is an increased demand for bioethanol, a renewable source of energy, and cassava starch is used to produce it. This provides an additional driver to the market.

Market Opportunities:

1. Increasing Per Capita Consumption: With the increase in population and changes in food habits and preferences, the per capita consumption of starch is increasing, providing a significant market opportunity.

2. Technological Innovations: Innovations and advancements in technology can lead to the development of new processing techniques and applications, creating additional opportunities.

3. Growing Demand in Emerging Markets: The markets in Asia, Africa, and South America show a growing demand for cassava starch. Countries like Nigeria, Thailand, and Brazil are among the largest global cassava producers and present huge opportunities.

4. Rising Vegan and Gluten-free Trends: With more people shifting towards vegan or gluten-free diets, there is a rising opportunity for the growth of the native cassava starch market.

5. Government Initiatives: Many governments are encouraging the production of cassava starch due to its multiple uses and benefits to local agriculture. This can provide significant growth opportunities

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/488367

This report would be beneficial to investors, market researchers, business strategists, industry analysts, company executives, sales and marketing teams, and people who want to acquire in-depth understanding of market trends, competitors, and growth opportunities in their respective industries.

Dataintelo is a leading market research company known for its accurate, comprehensive, and systematic research methodologies. The company provides high-quality and up-to-date market reports that give clear insights into the competitive landscape, regional trends, and growth prospects of various industries. Dataintelo's reports are backed by raw data collected from reliable sources and are verified by industry experts, which enhance their credibility. The company also offers customization services, allowing clients to get data that cater to their specific needs and business goals. Moreover, Dataintelo's client support team is available 24/7 to assist the clients with their queries or concerns, which signifies their commitment to client satisfaction

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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