Press release
Cassava Starch Market Poised to Hit US$12,476.8 Mn by 2033, PMR Study
The global cassava starch market has demonstrated significant growth over the past decade, driven by its increasing demand across diverse industrial sectors such as food & beverages, pharmaceuticals, and paper manufacturing. Cassava starch is valued for its unique properties, such as high viscosity, neutral taste, and gluten-free characteristics, making it a preferred choice in a variety of applications.
πππ πππ¦π©π₯π ππ¨π©π² πππ -https://www.persistencemarketresearch.com/samples/16786
Market Performance and Projections
The global cassava starch market expanded at a robust compound annual growth rate (CAGR) of 5.5% between 2018 and 2022, culminating in a valuation of US$ 7,515.3 million in 2023. Persistence Market Research projects that the sales of cassava starch will continue to rise, growing at a CAGR of 5.2% during the forecast period from 2023 to 2033. By the end of 2033, the market size is anticipated to reach a substantial US$ 12,476.8 million, reflecting steady global demand.
Key Growth Determinants
Expanding Food & Beverage Industry: The increasing consumer preference for gluten-free and plant-based products has significantly boosted the demand for cassava starch as a thickener and stabilizer.
Growing Applications in Pharmaceuticals: Cassava starch is widely used as a binder and disintegrant in tablet formulations, supporting its uptake in the pharmaceutical industry.
Industrial Applications: Its use in paper, textiles, and adhesives continues to expand due to its superior binding and film-forming properties.
Emerging Economies: Rising cassava production in emerging economies like Thailand, Indonesia, and Nigeria supports the supply chain and affordability of cassava starch.
Major Challenges
Climate Sensitivity: Cassava crops are sensitive to climatic variations, which can impact yield and, consequently, the market supply.
Competition from Substitutes: Corn, potato, and wheat starches present stiff competition due to their widespread availability and established industrial applications.
Price Volatility: Variations in cassava production lead to price fluctuations, impacting the stability of the market.
Regional Insights
Asia-Pacific: Dominates the cassava starch market, with Thailand being the largest exporter. The region benefits from large-scale cassava cultivation and a strong export-oriented industry.
North America: Rising demand for clean-label and gluten-free food products is driving the adoption of cassava starch in the U.S. and Canada.
Europe: The focus on natural and plant-based ingredients in food processing has increased cassava starch consumption in this region.
Africa: Home to significant cassava production, Africa has a growing domestic market for cassava starch, supported by local industrial applications and rising urbanization.
Key Market Players
The cassava starch market is characterized by the presence of numerous regional and global players focusing on product quality, innovation, and expansion strategies.
Some of the prominent companies include:
Cargill Incorporated
Ingredion Incorporated
Tate & Lyle PLC
Archer Daniels Midland Company
Avebe
SPAC Starch Products (India) Limited
Thai Wah Public Company Limited
Key Trends and Opportunities
R&D in Modified Starches: Investments in research and development to create modified cassava starch for specialized applications, such as biodegradable plastics, open new avenues.
Sustainability Trends: The focus on sustainable and eco-friendly production methods is encouraging manufacturers to adopt responsible sourcing and processing practices.
E-commerce Growth: The rise in online retail platforms is boosting the accessibility of cassava starch, especially in niche markets and among small-scale buyers.
Conclusion
The cassava starch market is poised for steady growth in the coming years, supported by its versatile applications and increasing global demand. While challenges such as climatic sensitivity and competition persist, advancements in technology and expanding industrial use cases present significant growth opportunities. Stakeholders in the market should focus on diversifying product offerings and exploring emerging economies to capitalize on the growing market potential.
More Related Article :
https://www.linkedin.com/pulse/rising-demand-vitamin-b12-supplements-food-science-innovation-hub-trgbf/
https://www.linkedin.com/pulse/apricot-oil-market-natural-remedy-high-demand-rgsne/
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cassava Starch Market Poised to Hit US$12,476.8 Mn by 2033, PMR Study here
News-ID: 3787103 • Views: β¦
More Releases from Persistence Market Research
Europe Calf Milk Replacer Market to Reach US$1,657.2 Mn by 2032 | Driven by Risi β¦
The Europe calf milk replacer market is poised for significant growth over the coming years. The market size is projected to reach US$1,018.6 million in 2025 and is anticipated to expand to US$1,657.2 million by 2032, registering a robust compound annual growth rate (CAGR) of 7.2% during the forecast period from 2025 to 2032. The growth trajectory is driven by the increasing awareness among dairy farmers regarding the nutritional requirementsβ¦
Croscarmellose Sodium Market to Reach $487 Mn by 2032, Driven by Rising Pharma D β¦
The global croscarmellose sodium market is projected to witness significant expansion over the forecast period, reflecting the growing adoption of pharmaceutical excipients across diverse applications. Valued at approximately US$ 288.7 million in 2025, the market is expected to reach US$ 487.0 million by 2032, registering a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032. This growth trajectory is driven primarily by increasing demand for orally disintegrating tabletsβ¦
Europe Egg Replacement Ingredients Market to Reach $1,711.1 Mn by 2032, Driven b β¦
The Europe egg replacement ingredients market is witnessing significant expansion, driven by the increasing adoption of plant-based diets and rising consumer awareness regarding health and wellness. The market size is projected to reach US$ 952.2 million in 2025 and is expected to surge to US$ 1,711.1 million by 2032, registering a robust CAGR of 8.7% over the forecast period from 2025 to 2032. The growing demand for clean-label products, veganβ¦
Kraft Paper Market to Reach US$ 25.0 Billion by 2032: Growth Driven by Rising De β¦
The global Kraft Paper market is undergoing significant expansion, driven by the accelerating shift toward eco-friendly packaging materials and the rising global awareness surrounding sustainability. As industries worldwide transition from plastic-based packaging to biodegradable alternatives, kraft paper has emerged as one of the most sought-after materials due to its strength, recyclability, and versatility.
According to the latest study by Persistence Market Research, the global Kraft Paper market size is projected toβ¦
More Releases for Cassava
Global Cassava Starch And Pulp Market Size by Application, Type, and Geography: β¦
USA, New Jersey- According to Market Research Intellect, the global Cassava Starch And Pulp market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The cassava starch and pulp market is witnessing notable growth due to increasing demand across food, textile, paper, and pharmaceutical industries. Cassava, beingβ¦
How to Start a Cassava Production Plant
Setting up a cassava processing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Cassava Processing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a cassava processingβ¦
Cassava Starch Market: A Comprehensive Overview
Introduction
Cassava starch is a vital product derived from the cassava plant, scientifically known as Manihot esculenta. This versatile starch is a key ingredient in various industries, including food and beverages, pharmaceuticals, textiles, paper production, and biofuels. With the growing demand for natural and gluten-free ingredients, cassava starch has become an essential component in many applications. Cassava, a root crop native to South America, has gained popularity worldwide due to itsβ¦
Cassava Starch Market : An Overview
Introduction:
Cassava starch, derived from the roots of the cassava plant, is a versatile product widely used in industries such as food and beverage, textiles, paper, and adhesives. Known for its thickening, stabilizing, and gelling properties, cassava starch has become a vital raw material in various industrial and commercial applications. Its cost-effectiveness and availability, particularly in tropical regions, make it a preferred choice over other starch sources such as corn andβ¦
Cassava Starch Market: A Comprehensive Overview
Introduction
Cassava starch is a versatile and essential ingredient derived from the cassava root, widely used in various industries, including food and beverages, pharmaceuticals, textiles, and adhesives. Cassava, also known as manioc or yuca, is a tropical root crop native to South America but is now grown extensively in Asia, Africa, and Latin America. The starch extracted from cassava is prized for its neutral flavor, thickening properties, and ability to serveβ¦
Cassava Market Market Size, Growth Analysis 2031
We are excited to announce the release of our novel market research offering- "Cassava Market Size, Share and Trends | 2031". This syndicate research offers a present market scenario and includes future projections. Details such as the latest trends, technologies, and opportunities are certainly exclusive perks of this report.
Both dominant market players as well as start-ups can purchase this market research. The Insight Partners added indispensable growth insights to helpβ¦
