South Korea Dried Cassava Pulp Market was valued at USD 0.07 Billion in 2022 and is projected to reach USD 0.12 Billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030.
The South Korea Dried Cassava Pulp Market has been gaining significant attention in recent years due to its diverse applications in various industries. Dried cassava pulp is a key byproduct of cassava processing, primarily used as animal feed, a raw material in biofuel production, and even in food manufacturing. The growing demand for eco-friendly products and sustainable materials has led to an increasing interest in this market. As more industries seek alternative solutions to reduce costs and environmental impact, dried cassava pulp has emerged as a valuable resource.
One of the major sectors driving the demand for dried cassava pulp is the animal feed industry. The high fiber and carbohydrate content of dried cassava pulp makes it an ideal component in livestock feed. With South Korea being a key player in the agricultural sector, the need for quality animal feed has spiked. Livestock farming, particularly in poultry and pig farming, requires affordable, nutritious feed, and dried cassava pulp offers a cost-effective solution.
Additionally, the biofuel industry in South Korea has seen a steady rise, driven by a push towards renewable energy. Dried cassava pulp, rich in starch, can be converted into bioethanol. This demand for sustainable energy sources aligns with South Korea’s commitment to reducing its carbon footprint and increasing its reliance on renewable resources. As a result, the dried cassava pulp market in the country is expanding to meet the energy requirements of various industries.
Furthermore, the food processing industry is another significant consumer of dried cassava pulp. With the growing popularity of gluten-free products and cassava flour, the demand for high-quality dried cassava pulp in food production is on the rise. The versatility of cassava pulp makes it a preferred ingredient in the formulation of various products, including snacks and baked goods.
As the South Korea Dried Cassava Pulp Market continues to evolve, industries will continue to rely on this versatile product for a range of applications. Its cost-effectiveness, sustainability, and adaptability make it an attractive choice for businesses across multiple sectors. As awareness of the benefits of dried cassava pulp increases, its demand is expected to rise, further bolstering its importance in South Korea’s industrial landscape.
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SPAC Tapioca
ROI ET Group
Thai Wah
FOCOCEV
TCS Tapioca Starch Industry
Hung Duy
Banpong Tapioca
CP Intertrade
Bangkok Starch
Thanawat Group
Chaiyaphum Plant Products
North Eastern Starch
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 South Korea Dried Cassava Pulp Market
Thin Dried Cassava Pulp
Thick Dried Cassava Pulp
Granulated Dried Cassava Pulp
Animal Feed
Food Products
Beverages
Industrial Use
Agriculture Sector
Food and Beverage Industry
Pharmaceutical Industry
Biofuel Production
Bags
Bulk Containers
Vacuum Packs
Direct Sales
Wholesale
Online Retail
Local Markets
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Dried Cassava Pulp 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. South Korea Dried Cassava Pulp Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Dried Cassava Pulp Market, By Type
6. South Korea Dried Cassava Pulp Market, By Application
7. South Korea Dried Cassava Pulp Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Dried Cassava Pulp Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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