Us Cassava and Tapioca Starch Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Cassava and Tapioca Starch Market was valued at USD 4.1 Billion in 2022 and is projected to reach USD 6.5 Billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030.
The US Cassava and Tapioca Starch Market is experiencing significant growth, driven by an increasing demand for natural, gluten-free, and high-quality starch products in various industries, including food, pharmaceuticals, and biofuels. Cassava, a root vegetable native to South America, and tapioca, derived from the cassava plant, are crucial ingredients in multiple applications due to their versatility and functional properties. The rise of health-conscious consumers and the growing trend of plant-based diets have notably influenced this market expansion, particularly in food products like snacks, sauces, and baked goods.
One of the key drivers behind the surge in cassava and tapioca starch demand in the US market is their role in gluten-free food production. With the increase in the number of individuals diagnosed with celiac disease and gluten sensitivities, more people are opting for gluten-free alternatives, which has enhanced the popularity of cassava and tapioca starch. As a result, food manufacturers are incorporating these starches in a wide range of products, from bakery goods to ready-to-eat meals.
In addition to the food industry, the pharmaceutical sector has also tapped into the potential of cassava and tapioca starch. The ability of these starches to act as binders, disintegrants, and fillers in tablet formulations has led to their widespread use in drug manufacturing. This growth in pharmaceutical applications contributes to the rising demand for high-quality cassava and tapioca starch in the US market.
Furthermore, the expanding interest in biofuels is another factor propelling the US cassava and tapioca starch market. Both starches can be converted into bioethanol, which has gained traction as an alternative to fossil fuels. As the US continues to seek sustainable energy sources, the market for cassava and tapioca starches is projected to keep growing.
With this market's evolution, innovations in processing technologies and the increasing focus on sustainable farming practices are key areas of focus for industry leaders. As the demand for cassava and tapioca starch continues to rise across various sectors, stakeholders are also looking toward new opportunities to optimize production methods and ensure product quality.
Interestingly, even as cassava and tapioca starch are thriving, they are not the only starch-based solutions taking the spotlight in the US market. Similar to the growing interest in cassava starch, the demand for 100 Gigabit Fiber Optic Transceiver Market solutions is also seeing impressive market expansion, showing the trend of consumers and industries demanding faster, cleaner, and more efficient solutions. While they belong to different sectors, the rise in both fields exemplifies the broader shift toward sustainability and efficiency in the modern market.
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Nong Ken
Chol Charoen Group
Thai Wah
ROI ET Group
CP Intertrade
Thanawat Group
Banpong Tapioca
Bangkok Starch
Fococev
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Cassava and Tapioca Starch Market
Native Starch
Modified Starch
Instant Starch
Bakery Products
Dairy Products
Snacks and Convenience Foods
Organic Cassava Starch
Conventional Cassava Starch
Food Manufacturers
Pharmaceutical Companies
Cosmetics Manufacturers
Textile and Paper Industry Players
Powdered Starch
Liquid Starch
Global (United States, Global 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 Cassava and Tapioca 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 Cassava and Tapioca Starch Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cassava and Tapioca Starch Market, By Type
6. Global Cassava and Tapioca Starch Market, By Application
7. Global Cassava and Tapioca Starch Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cassava and Tapioca Starch Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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