Global Cassava and Tapioca Starch Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.8 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030.
The global cassava and tapioca starch market is experiencing rapid growth, driven by the increasing demand for plant-based and gluten-free alternatives in the food and beverage industry. As a vital raw material for food products, cassava starch is used in a wide range of applications such as thickening agents, adhesives, and biodegradable plastics. Tapioca starch, derived from the cassava plant, is particularly popular in the production of processed foods like instant noodles, snacks, and bakery products.
According to market experts, the cassava and tapioca starch market is projected to grow significantly over the next few years. This growth is being driven by rising consumer awareness about health and wellness, as more individuals seek gluten-free and non-GMO food options. Moreover, the Asia-Pacific region, which is home to the largest production of cassava, plays a pivotal role in meeting the global demand for these starch products. Countries like Thailand, Indonesia, and Nigeria are major suppliers of cassava starch, contributing to the robust market presence of this commodity worldwide.
In addition to food production, cassava and tapioca starch are also used in non-food sectors such as pharmaceuticals, textiles, and paper production. Their versatile properties, including high viscosity, moisture retention, and stability, make them ideal for various industrial applications. In recent years, there has been a rising trend toward using these starches in the production of biodegradable plastics, a sustainable alternative to conventional plastics that are harmful to the environment.
The increasing demand for clean-label products and the growing popularity of plant-based food innovations are expected to create new growth opportunities for the cassava and tapioca starch market. Manufacturers are focusing on technological advancements, enhancing product quality, and meeting regulatory standards to cater to the evolving consumer needs.
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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, Global, 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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