Press release
Cassava Starch Market Size to Witness Sustained Growth during 2017 - 2025
Global Cassava Starch: Market Segmentation
The global cassava starch market is segmented on the basis of starch, grade, end user, nature, application, and region. The global cassava starch market is segmented on the basis of starch such as unmodified or native starch, modifies starch (for industrial purposes) and sweeteners which includes high-fructose syrup and glucose.
The global cassava starch market is segmented on the basis of grade which include food grade, feed grade, and industrial grade.
The global cassava starch market is segmented on the basis of application in which cassava starch is used as a stabilizing agent in various food products such as soups, sauces, soy-based beverages and meat products.
The global cassava starch market is segmented on the basis of end users such as animal feed, paper industries, and food and textile industries, cosmetic industries and others. Animal feed industry uses dried cassava roots as an ingredient along with cassava pellets and cassava meal for livestock.
The global cassava starch market is segmented on the basis of nature such as organic cassava starch and conventional cassava starch. Cassava starch is also used in confectionery coatings, bakery products, and others. Hence, the global cassava starch market is expected to represent a significant growth over the forecast period.
Global Cassava Starch Market: Regional Outlook
Geographically, the global cassava starch market can be segmented into major regions which include North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Globally, among all regions,
Asia Pacific has developed as the dominant region in global cassava starch market. Increasing demand for cassava starch as a stabilizing agent in various food and beverage products, has strengthened the growth of global cassava starch market and hence is expected to represent a significant growth over the forecast period.
Global Cassava Starch Market: Growth Drivers
Growing demand for cassava starch as a stabilizing and binding gent in various food products is a major factor driving the global cassava starch market worldwide.
Manufacturers are offering innovative cassava starch-based products to the customers in order to remain in the competition in the market. Dried cassava roots extraction is used for feeding and lactating livestock. Cassava starch is also used for the application such as bakery products, confectioneries, jams and jellies, monosodium glutamate, caramel, and others.
Cassava starch is a good source of minerals such as calcium, manganese, phosphorus, iron and others. Hence, the global cassava starch market is expected to represent a significant growth over the forecast period.
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Global Cassava Starch Market: Key Players
Some of the key players identified across the value chain of the global cassava starch market include SPAC Starch Product India Ltd., Vaighai Agro Products, Matna Foods Ltd., Thai German Processing Co. Ltd., Psaltry International Limited, TAPIOCA VIETNAM Company, Lentus Foods Ltd, Keng Seng Group of Companies are among others.
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