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Asia Pacific Cassava Starch Market Valued at US$ 1,965.2 Million in 2023, Projected to Reach US$ 3,357.0 Million by 2032 at a CAGR of 6.35% | Astute Analytica

07-26-2024 12:23 PM CET | Food & Beverage

Press release from: Astute Analytica

Asia Pacific Cassava Starch Market Valued at US$ 1,965.2 Million

The ๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐œ๐š๐ฌ๐ฌ๐š๐ฏ๐š ๐ฌ๐ญ๐š๐ซ๐œ๐ก ๐ฆ๐š๐ซ๐ค๐ž๐ญ was valued at approximately ๐”๐’๐ƒ ๐Ÿ,๐Ÿ—๐Ÿ”๐Ÿ“.๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ and is anticipated to achieve a market valuation of ๐”๐’๐ƒ ๐Ÿ‘,๐Ÿ‘๐Ÿ“๐Ÿ•.๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, growing at a robust compound annual growth rate (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ”.๐Ÿ‘๐Ÿ“% during the forecast period from ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

๐“๐ก๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž- https://www.astuteanalytica.com/request-sample/asia-pacific-cassava-starch-market

Cassava starch, derived from the cassava root, is widely used across various industries including food and beverage, pharmaceuticals, and textiles, owing to its unique properties such as high viscosity and stability. The growing demand for processed food products and increasing applications in non-food industries are key factors driving the market's growth.

In the food and beverage sector, cassava starch is utilized as a thickening agent, stabilizer, and binder, which contributes to its rising demand. Additionally, the increasing adoption of cassava starch in pharmaceuticals and textiles further fuels market expansion.

The Asia Pacific region, with its significant cassava production and consumption, is expected to dominate the global market. Key countries contributing to this growth include Thailand, Indonesia, and Vietnam. These countries are not only leading producers but also major exporters of cassava starch, capitalizing on both regional and global market demands.

The market's growth is also supported by ongoing research and development activities aimed at enhancing the quality and functionality of cassava starch. Innovations in processing techniques and the introduction of advanced cassava-based products are expected to open new avenues for market expansion.

๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: USD 1,965.2 million in 2023
๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: USD 3,357.0 million by 2032
๐‚๐€๐†๐‘: 6.35% during the forecast period 2024-2032
๐Œ๐š๐ฃ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ๐ฌ: Thailand, Indonesia, Vietnam
๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ: Food and beverage, pharmaceuticals, textiles

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐œ๐š๐ฌ๐ฌ๐š๐ฏ๐š ๐ฌ๐ญ๐š๐ซ๐œ๐ก ๐ฆ๐š๐ซ๐ค๐ž๐ญ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐  ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ๐ฌ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐œ๐จ๐ง๐ญ๐š๐œ๐ญ:- https://www.astuteanalytica.com/industry-report/asia-pacific-cassava-starch-market

๐Œ๐š๐ฃ๐จ๐ซ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐‚๐š๐ฌ๐ฌ๐š๐ฏ๐š ๐’๐ญ๐š๐ซ๐œ๐ก ๐Œ๐š๐ซ๐ค๐ž๐ญ

ADM
AGRANA Beteiligungs-AG
Cargill, Incorporated.
Chorchaiwat Industry Co., Ltd.
Ekta International
Global Sweeteners Holdings Ltd
Ingredion Inc.
KengSeng group of company
SPAC Starch Products (India) Ltd
Viet Delta
Visco Starch
Other Prominent Players

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž

Native
Modified
Sweetener
By Nature

Organic
Conventional
By Grade

Food Grade
Medical Grade
Industrial Grade
By Application

Food and Beverages
Pharmaceuticals
Animal Feed
Cosmetics
Paper
Textiles
Chemical
Biodegradable Materials
Adhesives and Glue
Others
By Distribution Channel

Online
Offline
Direct
Distributors
By Country

China
India
Japan
South Korea
Australia & New Zealand
ASEAN
Rest of APAC

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/asia-pacific-cassava-starch-market

๐€๐›๐จ๐ฎ๐ญ ๐€๐ฌ๐ญ๐ฎ๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

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