Cassava Starch Global Market Navigating Trends, Share Report, Growth Drivers, Market Size And Future Outlook 2024-2033 | Ingredion Inc., Visco Starch, Visco Starch, Matna Foods Ltd., Ekta International

"The new report published by The Business Research Company, titled Cassava Starch Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the cassava starch market size has grown strongly in recent years. It will grow from $4.47 billion in 2023 to $4.74 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The cassava starch market size is expected to see strong growth in the next few years. It will grow to $6.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.

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Impact Of Growing Consumption Of Processed Foods On The Cassava Starch Market
The growing consumption of processed foods is expected to propel the growth of the cassava starch market going forward. Processed foods refer to any food that has been altered in some way during preparation, including those that are cut, washed, heated, pasteurized, canned, cooked, frozen, dried, dehydrated, mixed, or packaged. The growing consumption of processed foods is due to the increasing availability, marketing, convenience, and unfavorable nutritional profile of ultra-processed foods, coupled with insufficient regulatory action. Cassava starch plays a crucial role in the processed food industry by enhancing texture, stability, and shelf life, providing a cost-effective and versatile ingredient that meets the demands of modern food processing and consumer preferences. For instance, in 2023, according to the United States Department of Agriculture, a US-based federal agency, the total value of US processed food products exported from the country increased to $36.59 billion in 2023, an increase of 1.7% compared to previous years. Therefore, the growing consumption of processed foods drives the cassava starch market.

Lemonilo Introduces Cassamo A High-Fiber, Gluten-Free Cassava Chips To Capture Health-Conscious Market
Major companies operating in the cassava starch market are developing innovative products, such as gluten-free products, to meet the rising consumer demand for allergen-friendly and healthier food options. Gluten-free cassava chips are a type of snack food made from thinly sliced cassava root that is deep-fried and seasoned. These chips are gluten-free, meaning they do not contain the protein gluten commonly found in wheat, barley, and rye. For instance, in June 2023, Lemonilo, an Indonesian-based prominent health food brand, launched Cassamo, a high-fiber and gluten-free cassava chip. These chips are available in two flavors, Smoky BBQ and Spicy BBQ, and are rich in fiber and free from preservatives and flavor enhancers. This nutritious snack option provides a healthier alternative to traditional potato chips, catering to the dietary preferences of health-conscious consumers.

The cassava starch market covered in this report is segmented -
1) By Type: Native, Modified, Sweeteners
2) By Form: Solid, Dry
3) By Nature: Conventional, Organic
4) By End User: Food and Beverage, Pharmaceuticals, Animal Feed, Cosmetics, Others

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Major companies operating in the cassava starch market are Cargill Incorporated. , The Archer-Daniels-Midland Company (ADM), Ingredion Inc., Roquette Frères, AGRANA Beteiligungs-AG , PT Buda Starch & Sweetener TbK, Tate & Lyle PLC, KengSeng Group Of Company, Ekta International , Global Sweeteners Holdings Ltd, SPAC Starch Products, Vaighai Agro Products Limited, Universal Starch Chem Allied Ltd., Psaltry International Company Limited, Sunrise International Inc., Visco Starch, Visco Starch, Matna Foods Ltd., Viet Delta Industrial Corporation, Eiamheng Tapioca Starch Industry Co. Ltd.

Contents of the report:
1. Executive Summary
2. Cassava Starch Market Report Structure
3. Cassava Starch Market Trends And Strategies
4. Cassava Starch Market - Macro Economic Scenario
5. Cassava Starch Market Size And Growth
…..
27. Cassava Starch Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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