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Organic Cassava Starch Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033
Organic Cassava Starch Global Market Report
As per the report, the organic cassava starch market size has grown strongly in recent years. It will grow from $3.52 billion in 2023 to $3.70 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The organic cassava starch market size is expected to see strong growth in the next few years. It will grow to $4.61 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%.
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Convenience Food Boom Fuels Growth In Organic Cassava Starch Market
The growing demand for convenience foods is expected to propel the growth of the organic cassava starch market going forward. Convenience foods are pre-packaged or pre-prepared foods designed for quick and easy consumption with minimal preparation time and are typically ready-to-eat, catering to busy lifestyles. The growing demand for convenience foods is attributed to several factors, such as busy lifestyles, lack of time for cooking, and the desire for quick, easy meal solutions. Organic cassava starch is a valuable ingredient in the convenience food industry because it improves texture, stability, and shelf life while meeting the demands for healthier and allergen-free food options. 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 demand for convenience foods drives the organic cassava starch market.
Product Innovation In The Organic Cassava Starch Market Enhance Functionality And Shelf Life
Major companies operating in the organic cassava starch market focus on developing innovative products, such as chemical-free organic cassava starch products, to cater to the increasing consumer demand for natural and sustainably produced food ingredients. Chemical-free organic cassava starch products are derived from the cassava root through processes that avoid using synthetic chemicals, pesticides, herbicides, or genetically modified organisms (GMOs) at any production stage. For instance, in May 2024, Tasuco Foods Co. Ltd., a Japan-based company that manufactures consumer staple products, introduced a wide range of organic tapioca starch and cassava flour products under the Tasukobrand at THAIFEX - ANUGA ASIA 2024. Tasuko organic cassava flour is made from 100% organic material and certified by Organic Thailand. The organic cassava starch is sourced from Thai farmers and designed to cater to health-conscious consumers. Also, it is a gentle, neutral-tasting flour ideal for gluten-free, grain-free, and nut-free recipes. It is a thickener in sauces and soups and is excellent for batters and coatings.
The organic cassava starch market covered in this report is segmented -
1) By Type: Modified Cassava, Native Cassava
2) By Form: Liquid, Dry
3) By End-User: Food Processing, Textile, Chemical And Pharmaceutical, Other End Users
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Major companies operating in the organic cassava starch market are Cargill Incorporated, Archer-Daniels-Midland Company, SPAC Starch Products , Ingredion Incorporated, Tereos, KPN Pharma Limited, Roquette Freres, Sanstar Bio, Agrana Beteiligungs-AG, Tate & Lyle PLC, Thai Wah Public Company Limited, Emsland Group, Psaltry International Company Limited, Sunrise International Inc., Ulrick and Short Ltd., Arya*n Food Ingredients Limited , Kokos Natural, Good Scents Company , Eiamheng Tapioca Starch Industry Co. Ltd., Marroquin Organic International
Contents of the report:
1. Executive Summary
2. Organic Cassava Starch Market Report Structure
3. Organic Cassava Starch Market Trends And Strategies
4. Organic Cassava Starch Market - Macro Economic Scenario
5. Organic Cassava Starch Market Size And Growth
…..
27. Organic 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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