The global cassava starch market was valued at USD 5.45 billion in 2023 and is projected to reach USD 8.14 billion by 2030, growing at a CAGR of 5.9% from 2024 to 2030. The market is witnessing strong growth, largely fueled by evolving consumer lifestyles and increasing health awareness.
One of the primary drivers is the rising demand for convenience foods. With the pace of urbanization increasing and daily routines becoming more fast-paced, consumers are seeking quick, easy-to-prepare food options. Cassava starch plays a crucial role in the formulation of various processed foods such as instant soups, sauces, and ready-to-eat meals due to its effective binding, thickening, and stabilizing properties. This trend has significantly contributed to the expansion of the cassava starch industry, as manufacturers look to enhance product texture, consistency, and shelf life.
Another important factor supporting market growth is the increasing prevalence of gluten intolerance and celiac disease, which has led to a surge in demand for gluten-free food products. As cassava starch is naturally gluten-free, it has become a popular choice for producing alternatives like gluten-free bread, pasta, and baked goods. The shift toward healthier dietary habits that accommodate specific nutritional needs—without sacrificing taste or texture—is a key influence on market trends, making cassava starch an essential ingredient in gluten-free formulations.
Furthermore, the rapid growth of the food processing industry—particularly in regions where cassava is a staple, such as Asia Pacific and Africa—continues to bolster cassava starch consumption. In these markets, cassava starch is used in a wide range of food products including noodles, snacks, and bakery items, improving both quality and consistency. This versatility makes cassava starch highly attractive to food manufacturers aiming to innovate and respond to diverse consumer preferences. Consequently, the rising demand also stimulates investments in production infrastructure and technological advancements across the supply chain.
Key Market Trends & Insights
In 2023, the Asia Pacific region held the largest share of global cassava starch revenue, accounting for 57.3%. This dominance is attributed to strong demand across various industries, including food and beverages, pharmaceuticals, and textiles, where cassava starch serves as a vital functional ingredient.
By product type, modified cassava starch led the market in 2023, generating USD 2.54 billion in revenue. Modified starches outperform native starches in terms of texture, viscosity, and stability, making them highly suitable for applications in products such as puddings, sauces, and baked goods. These functional advantages drive their widespread use in both food and non-food sectors.
By application, the food and beverage segment was the largest in 2023, with a revenue of USD 2.34 billion. The segment’s growth is strongly tied to increasing demand for gluten-free alternatives. As more consumers adopt diets that eliminate gluten for health reasons, cassava starch is increasingly used in the production of snacks, sauces, and baked products, offering a reliable and natural gluten-free solution.
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Market Size & Forecast
2023 Market Size: USD 5.45 Billion
2030 Projected Market Size: USD 8.14 Billion
CAGR (2024-2030): 5.9%
Asia Pacific: Largest market in 2023
Key Companies & Market Share Insights
Leading players in the cassava starch market include Cargill Incorporated, Tate & Lyle, Ingredion, and AGRANA Starch. These companies have extensive product portfolios and global distribution networks, positioning them at the forefront of the industry.
Their strengths lie in robust R&D capabilities, which allow them to continuously improve product functionality for diverse uses across food and beverages, pharmaceuticals, and industrial applications. Additionally, their focus on natural, gluten-free ingredients and commitment to clean-label solutions resonate strongly with the growing segment of health-conscious consumers. Strategic partnerships and investments in innovation enable these key players to stay competitive and meet evolving consumer expectations.
Key Players
Tate & Lyle
Cargill, Incorporated
Ingredion
AGRANA Starch
Psaltry International Limited
KPN Pharma Co., Ltd.
Visco Starch
SPAC Starch Products Ltd.
Vaighai Agro
Ekta International
Aryan International
Sanstar Bio-Polymers Ltd.
Asia Fructose Co., Ltd.
Thai Foods Product International Co., Ltd.
Ng Wah International Development Limited
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Conclusion
The global cassava starch market is set to grow steadily through 2030, driven by a combination of factors including the rising demand for convenient and gluten-free foods, the expansion of food processing industries, and increased awareness of dietary health concerns. Cassava starch’s functional versatility, natural gluten-free properties, and suitability for a range of applications across food and non-food sectors make it a valuable ingredient in today’s market. With Asia Pacific maintaining its leadership position and global players actively innovating, the cassava starch industry is well-positioned for sustained growth and transformation in the coming years.