Cassava and Tapioca Starch Market was valued at USD 4.1 Billion in 2022 and is projected to reach USD 6.5 Billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030.
The Cassava and Tapioca Starch Market has experienced significant growth over the past decade due to rising demand in various applications such as food, pharmaceuticals, and industrial uses. As of 2024, the market is valued at approximately USD 10 billion, with expectations for robust growth over the next 5–10 years. The global market for cassava starch is projected to expand at a compound annual growth rate CAGR of 4.5% from 2024 to 2034, driven by increasing applications across multiple sectors, particularly in the food and beverage industry.
The growth of the Cassava and Tapioca Starch Market is influenced by several factors, including the rising consumption of gluten free and plant based foods, advancements in processing technology, and the growing importance of sustainable sourcing. Increasing awareness about the health benefits of cassava, such as its high fiber content and potential for gluten free diets, is fueling demand. Additionally, the adoption of tapioca starch in various food processing applications, including as a thickening agent, is expected to continue to grow.
Technological advancements in starch extraction methods, such as more efficient and eco friendly techniques, are also enhancing the market's potential. The ability to produce high quality starch with reduced environmental impact is a key factor driving innovation within the industry.
Get an In-Depth Research Analysis of the Global Cassava and Tapioca Starch Market Size And Forecast [2025-2032]
Rising Demand in the Food & Beverage Industry: Cassava and tapioca starch are widely used in food processing as a thickening agent, stabilizer, and gelling agent. With the growing trend toward gluten free and natural foods, the demand for cassava starch, known for its gluten free properties, is expected to rise.
Sustainability and Eco friendly Practices: There is a growing focus on sustainability in food production. Cassava, as a drought resistant crop, requires fewer resources than other starch producing crops like maize, making it a more sustainable option.
Technological Advancements: The development of advanced extraction and processing techniques for cassava starch is enhancing its quality, cost effectiveness, and availability, boosting the overall market.
Supply Chain Challenges: Cassava cultivation is mostly concentrated in tropical regions, leading to supply chain disruptions due to climate change or political instability in these areas.
Price Fluctuations: The price of cassava starch can be volatile due to fluctuations in crop yields, which are influenced by factors such as weather patterns and global demand.
Regulatory Barriers: Stringent regulations regarding food safety and product quality can pose challenges for companies entering new markets or launching innovative products.
Growth in Emerging Markets: The increasing consumption of processed foods in emerging economies presents a significant growth opportunity for cassava and tapioca starch. Regions like Asia Pacific and Latin America are likely to be key growth areas.
Product Diversification: Companies can capitalize on new applications of cassava starch in non food sectors, such as biodegradable plastics and pharmaceuticals.
Consumer Health Trends: The rising preference for natural and organic products offers a growth avenue for starch products derived from cassava, particularly in gluten free and low carb diets.
Food & Beverages: The largest application segment, cassava starch is used extensively in food products like snacks, bakery goods, and dairy products. It is also used as a thickener in soups, sauces, and gravies.
Industrial Use: Cassava starch is used in the paper and textile industries, where it functions as a binder and adhesive. Its use in bio based plastics is also gaining momentum.
Pharmaceuticals: In pharmaceuticals, cassava starch is used as a binder in tablet formulations due to its non toxic and hypoallergenic properties.
Food Manufacturers: These companies are the largest consumers of cassava starch, utilizing it in food products like puddings, sauces, and gluten free snacks.
Pharmaceutical Companies: Cassava starch is utilized in drug formulations as a filler and binder in tablet and capsule production.
Textile and Paper Manufacturers: Starch plays a significant role as a finishing agent in textiles and a bonding agent in paper production.
Asia Pacific: Dominates the global market in terms of both production and consumption, with major cassava growing countries such as Thailand, Vietnam, and Indonesia.
North America: The demand for gluten free and organic products in the United States and Canada is driving growth in the cassava starch market.
Europe: The European market is focusing on sustainable and natural products, driving the use of cassava starch in gluten free food products and bioplastics.
Thai Tapioca Starch Industry Co., Ltd: A major player in the market, known for its production of high quality tapioca starch. The company focuses on innovation and efficiency in starch processing.
Cargill Inc.: A global food company that is actively involved in the production of starch from various sources, including cassava. Cargill is focusing on expanding its footprint in emerging markets and innovating in the food and beverage sector.
Ingredion Incorporated: Known for its wide range of starches, including cassava starch, Ingredion focuses on sustainability and developing starches for various applications, including food and non food products.
Vinh Hoa Company: A leading Vietnamese manufacturer of cassava starch with a focus on the food and industrial sectors. The company is expanding its production capacity to meet growing demand.
Emerging technologies are playing a significant role in shaping the Cassava and Tapioca Starch Market. One such trend is the development of biodegradable plastics made from cassava starch. With the increasing environmental concern over plastic waste, the market is witnessing growing interest in bioplastics as a sustainable alternative. Additionally, innovations in the starch extraction process are making it possible to produce more refined and high quality starch, which is crucial for the food industry.
Furthermore, there is a trend toward value added cassava starch products such as modified starches. These starches are tailored to meet specific needs in industries like food, pharmaceuticals, and cosmetics. For example, modified cassava starches are used in gluten free food formulations to improve texture and consistency.
The concentration of cassava cultivation in specific tropical regions leaves the supply chain vulnerable to disruptions caused by natural disasters, political instability, or crop diseases. To mitigate this risk, companies are diversifying their sourcing strategies and investing in regional processing facilities to reduce dependence on a single location.
Cassava starch prices can fluctuate due to variations in harvest yields. Companies are addressing this challenge by implementing better forecasting and inventory management practices to ensure a steady supply at predictable prices.
Regulatory restrictions, particularly concerning food safety and quality standards, can create entry barriers for new market entrants. To navigate this, companies must stay abreast of local regulations, establish strong relationships with regulatory bodies, and ensure compliance with international standards.
The future of the Cassava and Tapioca Starch Market looks promising. The market is expected to continue its growth trajectory, driven by increasing demand for natural and gluten free food products, sustainability concerns, and the adoption of innovative starch based applications. Technological advancements, such as improved extraction processes and the development of bioplastics, will further enhance the growth potential. Furthermore, the expanding consumer base in emerging markets, coupled with the rising popularity of plant based products, will continue to contribute to the market’s positive outlook.
Asia Pacific is the leading region for the production and consumption of cassava starch, followed by North America and Europe. Thailand, Vietnam, and Indonesia are the primary producers of cassava starch.
The major applications include food and beverages, pharmaceuticals, and industrial uses such as paper production and biodegradable plastics.
The market faces challenges such as supply chain disruptions, price volatility, and regulatory barriers. Companies are addressing these challenges by diversifying supply sources and enhancing production technologies.
Key players in the market include Thai Tapioca Starch Industry Co., Ltd., Cargill Inc., Ingredion Incorporated, and Vinh Hoa Company.
The market is expected to grow steadily due to rising demand for gluten free products, innovations in bioplastics, and expanding applications in the food, pharmaceutical, and industrial sectors.
```
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.
Get Discount On The Purchase of the Global Cassava and Tapioca Starch 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 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, 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 @ Cassava and Tapioca Starch Market Research Analysis
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
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/