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 global cassava and tapioca starch market was valued at approximately USD 9.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. The increasing demand for cassava and tapioca starch is driven by their widespread applications in food and beverage industries, including their use as thickening agents, stabilizers, and binding agents. Additionally, the rising popularity of gluten-free products and natural ingredients is further propelling market growth. The market for cassava and tapioca starch is also experiencing significant expansion in emerging economies due to growing industrial applications and an increase in disposable income.
Opportunity analysis indicates a substantial growth potential in the Asia-Pacific region, which is the largest consumer of cassava and tapioca starch due to its abundant natural resources and well-established processing facilities. Emerging markets, particularly in Southeast Asia and Africa, are expected to present lucrative opportunities for market players. The expansion of food processing industries and rising investments in agricultural technology to enhance starch production efficiency are likely to contribute to market growth. Moreover, the increasing adoption of cassava and tapioca starch in non-food sectors, such as pharmaceuticals and cosmetics, is anticipated to drive further market expansion.
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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
Industrial Use
Food and Beverage
Others
Based on Types the Market is categorized into Below types that held the largest Cassava and Tapioca Starch market share In 2023.
Native Starch
Modified 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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