Tapioca Powder Market was valued at USD 3.45 Billion in 2022 and is projected to reach USD 5.56 Billion by 2030, growing at a CAGR of 6.12% from 2024 to 2030.
The global tapioca powder market was valued at approximately USD 2.7 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2028. This growth is driven by increasing consumer demand for gluten-free and natural ingredients in food and beverage products. As more manufacturers and food service operators seek to diversify their ingredient offerings to meet the needs of health-conscious consumers, the demand for tapioca powder is expected to rise significantly. Key market segments benefiting from this trend include bakery products, dairy alternatives, and snack foods, which increasingly incorporate tapioca powder due to its functional properties and versatility.
Emerging markets, particularly in Asia-Pacific and Latin America, present substantial growth opportunities due to rising urbanization, changing dietary preferences, and an expanding middle-class population. The Asia-Pacific region, being a significant producer and consumer of tapioca products, is expected to remain a dominant player in the market. Additionally, the increasing popularity of plant-based diets and the rise of innovative food products are likely to create further opportunities for market expansion. Companies that can leverage these emerging trends and adapt to evolving consumer preferences are well-positioned to capture a larger share of the growing tapioca powder market.
Get an In-Depth Research Analysis of the Global Tapioca Powder Market Size And Forecast [2025-2032]
Cargill
Ingredion
Tate & Lyle PLC
Authentic Foods
Goya Foods
Earthborn Elements
Grain Millers
Bob’s Red Mill Natural Foods
SPAC Starch Products (India)
Sonish Starch Technology
Erawan Marketing Co.
Ltd.
Tai Wah Public
Shandong Rongda Technology
Foshan Xingwang Food Co.
Ltd.
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.
Get Discount On The Purchase of the Global Tapioca Powder Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Tapioca Powder Market
Food
Beverages
Chemical
Adhesives and Glues
Pharmaceutical
Cosmetics
Paper
Biodegradable Materials
Others
Based on Types the Market is categorized into Below types that held the largest Tapioca Powder market share In 2023.
Native Tapioca Powder
Modified Tapioca Powder
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)
For More Information or Query, Visit @ Tapioca Powder Market Research Analysis
1. Introduction of the Global Tapioca Powder 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 Tapioca Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Tapioca Powder Market, By Type
6. Global Tapioca Powder Market, By Application
7. Global Tapioca Powder Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Tapioca Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/