The Latest Report by IMARC Group’s titled “Cassava Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the cassava starch market trends. 

The global cassava starch market size reached US$ 4.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.85% during 2023-2028. Cassava starch, alternatively referred to as tapioca, represents white and fine crystalline flour procured from fresh cassava roots through washing and pulping. It is available in several product types, such as native starch, modified starch, and sweeteners. These cassava starch variants are a good source of iron, folate, amylopectin, amylose, calcium, manganese, carbohydrates, and calcium, which facilitate blood sugar management and support gut health. They even have freeze-thaw stability and high-paste clarity and contain vitamin C that, promotes collagen production and immune function. As a result, cassava starch products find extensive applications across numerous industries, including food and beverages (FB), paper, textiles, etc.

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Cassava Starch Market Trends:

The shifting preferences toward ready-to-eat (RTE) foods and the elevating product usage as a thickening agent in yogurt, bakery items, soups, ice creams, noodles, and soft drinks are primarily driving the cassava starch market. In addition to this, the growing product demand from the pulp and paper industry for improving pulp utilization, paper quality, and production rate is acting as another significant growth-inducing factor. Moreover, the escalating need for the starch in the pharmaceutical segment as an inert carrier to formulate specific medicines and in the textile industry for sizing and printing, on account of its abrasion resistance properties and ability to form a bond with the fiber, is also positively influencing the market growth. Apart from this, the rising employment of the starch variant in ethanol production that can be used as a biofuel in automobiles for minimizing carbon emissions is expected to bolster the cassava starch market over the forecasted period.

Cassava Starch Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the cassava starch market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• TCS Tapioca
• Eiamehang Tapioca
• Sunrise International
• PT Buda Starch Sweetener
• SPAC Tapioca

Key Market Segmentation:

The report has segmented the global cassava starch market on the basis of end-use and region.

Breakup by End-Use:

• Sweeteners
• MSG/Lysine
• Food Industries
• Paper Industries
• Modified Starch
• Sago Pearl
• Textile
• Others

Breakup by Region:

• Production
  • Asia
  • Africa
  • Latin America
  • Others
• Consumption
  • China
  • Indonesia
  • Malaysia
  • Japan
  • Philippines
  • Others

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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