Press release
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
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
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/488367
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The ๐๐๐ญ๐ข๐ฏ๐ ๐๐๐ฌ๐ฌ๐๐ฏ๐ ๐๐ญ๐๐ซ๐๐ก ๐๐๐ซ๐ค๐๐ญ has been segmented on the basis of๐๐ฒ๐ฉ๐
โ Pullulan
โ Amylose
๐ ๐จ๐ซ๐ฆ
โ Dry
โ Liquid
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Food
โ Beverages
โ Textile
โ Paper
โ Adhesives
๐๐ซ๐๐๐
โ Food Grade
โ Industrial Grade
๐๐จ๐ฎ๐ซ๐๐
โ Organic
โ Conventional
๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
โ Online
โ Offline
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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 ๐๐ซ๐๐ข๐ง ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง
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 ๐๐ก๐๐ข ๐ ๐ฅ๐จ๐ฎ๐ซ
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
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ 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
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: 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
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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.
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๐๐ฆ๐๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐๐ฅ๐๐ฌ@๐๐๐ญ๐๐ข๐ง๐ญ๐๐ฅ๐จ.๐๐จ๐ฆ
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