Industrial Grade Cassava Starch Market Revenue was valued at USD 3.1 Billion in 2024 and is estimated to reach USD 5.5 Billion by 2033, growing at a CAGR of 6.5% from 2026 to 2033.
In 2022, the global industrial grade cassava starch market was valued at approximately USD 3.12 billion. The Asia Pacific region dominated the market, accounting for a significant share due to extensive cassava cultivation and processing industries in countries such as Thailand, Vietnam, and Indonesia. These nations benefit from favorable climatic conditions and established agricultural infrastructures that support large scale cassava production. North America and Europe also contributed to the market, with increasing demand for sustainable and bio based materials in various industries. The versatility of cassava starch, which can be modified to enhance its properties for specific applications, further fueled its adoption across these regions. The market is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030, reaching approximately USD 5.05 billion by 2025. This growth presents opportunities for stakeholders to invest in research and development aimed at creating high performance specialty starches tailored to niche market needs. Additionally, the increasing trend towards sustainable and bio based alternatives across a broad range of applications is expected to drive further expansion. However, challenges such as fluctuating raw material prices and competition from other starch sources may impact market dynamics. Nonetheless, the overall outlook for the industrial grade cassava starch market remains positive, with significant potential for growth in the coming years.
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Nong Ken
Gao Yuan
ROI ET Group
CP Intertrade
Chol Charoen
Thai Wah
Thanawat Group
Bangkok Starch
Thai Flour
Chaiyaphum Plant Products
Banpong Tapioca
North Eastern Starch
FOCOCEV
Hung Duy
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Grade Cassava Starch Market
Food Industry
Pharmaceutical Industry
Textile Industry
Cosmetics Industry
Paper Industry
Adhesive Manufacturing
Native Cassava Starch
Modified Cassava Starch
Pre-gelatinized Cassava Starch
Thermally Modified Cassava Starch
Acid-Modified Cassava Starch
Powdered Starch
Granulated Starch
Liquid Starch
Starch Suspension
Wet Processing
Dry Processing
Extrusion Processing
Food Manufacturers
Industrial Manufacturers
Packaged Goods Suppliers
Research Institutions and Laboratories
Exporters and Traders
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Industrial Grade Cassava Starch Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Industrial Grade Cassava Starch Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Grade Cassava Starch Market, By Type
6. Global Industrial Grade Cassava Starch Market, By Application
7. Global Industrial Grade Cassava Starch Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Industrial Grade Cassava Starch Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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