Press release
Organic Cassava Starch Market Supported by a CAGR of 3.9% from 2023 to 2032
The organic cassava starch market size was valued at $3 billion in 2022, and is estimated to reach $4.4 billion by 2032, growing at a CAGR of 3.9% from 2023 to 2032.The organic cassava starch industry offers diverse opportunities across multiple sectors, including food & beverage, confectionery, chemical, adhesive, papermaking, textile, pharmaceutical, cosmetic, and biodegradable materials. This is majorly owing to the versatile properties of cassava starch that drive various applications in industrial processes, product formulations, and material development. Furthermore, continued innovation and investment in cassava starch processing and utilization further unlock its potential in addressing market demands and sustainability goals.
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Organic cassava starch plays a pivotal role in both the food and industrial sectors. Recognized for its high purity, fine texture, and neutral taste, it serves as a versatile ingredient, contributing to the enhancement of various food products. Moreover, its reliability and diverse functionalities make it an indispensable component in the industrial sector, particularly in paper, textile, pharmaceuticals, and adhesives manufacturing.
Organic cassava starch finds widespread use in the food industry due to its versatility. Its ability to act as a thickening agent, stabilizer, and texturizer makes it a preferred choice in sauces, soups, dressings, and bakery items. The fine texture and neutral taste contribute to improved texture, consistency, and overall sensory experience in food products. The industrial sector benefits significantly from the reliable qualities of cassava starch. Its capacity to provide viscosity, and enhance product characteristics makes it essential in manufacturing processes across diverse industries.
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The organic cassava starch and modified starch can be utilized in combination with petroleum-based or synthetic polymer materials to improve biodegradability, minimizing the production cost of environmentally friendly materials. This presents opportunities for sustainable material development in various industries, including packaging and manufacturing. These factors are predicted to have positive impact on organic cassava starch market opportunities during the forecast period.
The organic cassava starch market analysis is provided on the basis of type, end-use industry, and region. By type, it is classified into native and pre-gelatinized. By end-use industry, it is segmented into food processing, textile, chemical and pharmaceutical, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the organic cassava starch industry report include Tate & Lyle, Cargill, Incorporated, Ingredion, Visco Starch, Global Sweeteners Holdings Ltd, Psaltry International Company Limited, Ekta International, Chorchaiwat Industry Co. Ltd., and Matna Foods Ltd.
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