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 is experiencing substantial growth due to the increasing demand for this versatile agricultural product across various industries. Cassava pulp, derived from the cassava plant, is processed and dried to create a valuable product used in a range of applications, particularly in the food and animal feed sectors. As industries seek more sustainable and cost-effective raw materials, dried cassava pulp has risen in popularity, owing to its high nutritional value and adaptability.
The food industry in South Korea, especially in the production of snacks and bakery products, heavily relies on dried cassava pulp. Its ability to absorb moisture and its neutral taste make it an ideal ingredient in these products. Moreover, as the demand for gluten-free and low-fat alternatives grows, dried cassava pulp meets the criteria for health-conscious consumers. Its high fiber content also makes it a desirable option for the growing trend towards functional foods. The processed pulp serves as an excellent thickening agent, providing texture and consistency to soups, sauces, and even beverages.
In the animal feed sector, South Korea's livestock and poultry industries are increasingly utilizing dried cassava pulp as a key feed ingredient. The high energy content of cassava pulp makes it an excellent substitute for grains like corn and wheat, which are often more expensive. Its digestibility and high starch content are advantageous for animal growth, ensuring healthy and sustainable livestock production. Furthermore, dried cassava pulp contributes to reduced production costs, making it an attractive option for farmers looking to optimize their feed formulations.
With the rising emphasis on sustainability in manufacturing processes, industries are increasingly turning to dried cassava pulp as a renewable resource. As a biodegradable and eco-friendly material, it offers a greener alternative compared to synthetic products. The South Korea Dried Cassava Pulp Market is poised for continuous growth as more industries adopt it for its functional properties and environmental benefits. The requirement from various sectors is expected to rise, further pushing the demand for this innovative material in the coming years.
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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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