Cassava starch is a fine, white powder extracted from the roots of the cassava plant (Manihot esculenta). It is extensively utilized as a thickening agent in cooking, baking, and diverse industrial applications due to its high starch content and neutral flavor. Known for its gluten-free properties, cassava starch is highly sought-after in gluten-free recipes and products.
The primary types of cassava starch include native and modified varieties. Native tapioca starch is directly extracted from the cassava root. These starches come in various forms, such as solid and dry, catering to different needs such as conventional and organic. They find applications across various industries including food and beverage, pharmaceuticals, animal feed, cosmetics, and others.
The cassava starch research report is one of a series of new reports that provides cassava starch market statistics, including cassava starch industry global market size, regional shares, competitors with a cassava starch market share, detailed cassava starch market segments, market trends, and opportunities, and any further data you may need to thrive in the cassava starch industry. This cassava starch market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cassava starch market size has grown strongly in recent years. It will grow from $4.47 billion in 2023 to $4.74 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth observed in the historical period can be attributed to several factors, increased demand for convenience foods due to urbanization and busy lifestyles, rising consumption of gluten-free products, growing interest in functional foods, and the increased use of the product as an alternative sweetener.
The cassava starch market size is expected to see strong growth in the next few years. It will grow to $6.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The projected growth in the forecast period can be attributed to several factors, expansion in the food processing sector, increasing awareness of gluten intolerance and celiac disease, rising consumption of processed foods, growing consumer preference for natural ingredients, and heightened awareness of health benefits. Key trends anticipated in this period include advancements in processing techniques, development of cassava starch-based biodegradable products with thickening and stabilizing properties, expansion of the food processing industry, demand for natural food additives, and improvements in extraction methods.
The increasing consumption of processed foods is expected to drive the growth of the cassava starch market in the future. Processed foods encompass a wide range of products that have undergone various alterations during preparation, such as cutting, washing, heating, canning, cooking, freezing, drying, dehydrating, mixing, or packaging. This trend is driven by factors such as improved availability, marketing efforts, convenience, and the less favorable nutritional profiles of ultra-processed foods, compounded by inadequate regulatory measures. Cassava starch plays a crucial role in the processed food sector by enhancing texture, stability, and shelf life. It serves as a cost-effective and versatile ingredient that meets the demands of modern food processing techniques and consumer preferences. For instance, in 2023, the United States Department of Agriculture reported that the total value of US processed food exports reached $36.59 billion, marking a 1.7% increase compared to previous years. This underscores the impact of rising processed food consumption on the cassava starch market.
Leading companies in the cassava starch market are focusing on innovation to meet growing consumer demands for allergen-friendly and healthier food choices. One such innovation includes gluten-free products such as cassava chips, which are thinly sliced and deep-fried from cassava root. These chips cater to consumers avoiding gluten, a protein commonly found in wheat, barley, and rye. For example, Lemonilo, a prominent health food brand based in Indonesia, introduced Cassamo in June 2023. These high-fiber, gluten-free cassava chips are available in flavors such as Smoky BBQ and Spicy BBQ, and are free from preservatives and artificial flavorings. They provide a nutritious alternative to traditional potato chips, appealing to health-conscious consumers.
In July 2023, Ayensu Starch Factory, a company in Ghana specializing in cassava starch production, partnered with the CSIR-Crops Research Institute (CSIR-CSR) to enhance cassava cultivation for industrial purposes. This collaboration aims to develop efficient methods for commercial cassava production and increase yields. The CSIR-Crops Research Institute is dedicated to research, development, and societal contributions in Ghana.
Major companies operating in the cassava starch market are Cargill Incorporated., The Archer-Daniels-Midland Company (ADM), Ingredion Inc., Roquette Frères, AGRANA Beteiligungs-AG, PT Buda Starch & Sweetener TbK, Tate & Lyle PLC, KengSeng Group Of Company, Ekta International, Global Sweeteners Holdings Ltd, SPAC Starch Products, Vaighai Agro Products Limited, Universal Starch Chem Allied Ltd., Aryan Group, Psaltry International Company Limited, Sunrise International Inc., Visco Starch, Visco Starch, Matna Foods Ltd., Viet Delta Industrial Corporation, Eiamheng Tapioca Starch Industry Co. Ltd.
Asia-Pacific was the largest region in the Cassava Starch market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the cassava starch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cassava starch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cassava starch market consists of sales of acid-modified starch, high amylose cassava starch, industrial cassava starch and cross-linked starch. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of cassava starch include native and modified varieties. Native tapioca starch is directly extracted from the cassava root. These starches come in various forms, such as solid and dry, catering to different needs such as conventional and organic. They find applications across various industries including food and beverage, pharmaceuticals, animal feed, cosmetics, and others.
The cassava starch research report is one of a series of new reports that provides cassava starch market statistics, including cassava starch industry global market size, regional shares, competitors with a cassava starch market share, detailed cassava starch market segments, market trends, and opportunities, and any further data you may need to thrive in the cassava starch industry. This cassava starch market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cassava starch market size has grown strongly in recent years. It will grow from $4.47 billion in 2023 to $4.74 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth observed in the historical period can be attributed to several factors, increased demand for convenience foods due to urbanization and busy lifestyles, rising consumption of gluten-free products, growing interest in functional foods, and the increased use of the product as an alternative sweetener.
The cassava starch market size is expected to see strong growth in the next few years. It will grow to $6.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The projected growth in the forecast period can be attributed to several factors, expansion in the food processing sector, increasing awareness of gluten intolerance and celiac disease, rising consumption of processed foods, growing consumer preference for natural ingredients, and heightened awareness of health benefits. Key trends anticipated in this period include advancements in processing techniques, development of cassava starch-based biodegradable products with thickening and stabilizing properties, expansion of the food processing industry, demand for natural food additives, and improvements in extraction methods.
The increasing consumption of processed foods is expected to drive the growth of the cassava starch market in the future. Processed foods encompass a wide range of products that have undergone various alterations during preparation, such as cutting, washing, heating, canning, cooking, freezing, drying, dehydrating, mixing, or packaging. This trend is driven by factors such as improved availability, marketing efforts, convenience, and the less favorable nutritional profiles of ultra-processed foods, compounded by inadequate regulatory measures. Cassava starch plays a crucial role in the processed food sector by enhancing texture, stability, and shelf life. It serves as a cost-effective and versatile ingredient that meets the demands of modern food processing techniques and consumer preferences. For instance, in 2023, the United States Department of Agriculture reported that the total value of US processed food exports reached $36.59 billion, marking a 1.7% increase compared to previous years. This underscores the impact of rising processed food consumption on the cassava starch market.
Leading companies in the cassava starch market are focusing on innovation to meet growing consumer demands for allergen-friendly and healthier food choices. One such innovation includes gluten-free products such as cassava chips, which are thinly sliced and deep-fried from cassava root. These chips cater to consumers avoiding gluten, a protein commonly found in wheat, barley, and rye. For example, Lemonilo, a prominent health food brand based in Indonesia, introduced Cassamo in June 2023. These high-fiber, gluten-free cassava chips are available in flavors such as Smoky BBQ and Spicy BBQ, and are free from preservatives and artificial flavorings. They provide a nutritious alternative to traditional potato chips, appealing to health-conscious consumers.
In July 2023, Ayensu Starch Factory, a company in Ghana specializing in cassava starch production, partnered with the CSIR-Crops Research Institute (CSIR-CSR) to enhance cassava cultivation for industrial purposes. This collaboration aims to develop efficient methods for commercial cassava production and increase yields. The CSIR-Crops Research Institute is dedicated to research, development, and societal contributions in Ghana.
Major companies operating in the cassava starch market are Cargill Incorporated., The Archer-Daniels-Midland Company (ADM), Ingredion Inc., Roquette Frères, AGRANA Beteiligungs-AG, PT Buda Starch & Sweetener TbK, Tate & Lyle PLC, KengSeng Group Of Company, Ekta International, Global Sweeteners Holdings Ltd, SPAC Starch Products, Vaighai Agro Products Limited, Universal Starch Chem Allied Ltd., Aryan Group, Psaltry International Company Limited, Sunrise International Inc., Visco Starch, Visco Starch, Matna Foods Ltd., Viet Delta Industrial Corporation, Eiamheng Tapioca Starch Industry Co. Ltd.
Asia-Pacific was the largest region in the Cassava Starch market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the cassava starch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cassava starch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cassava starch market consists of sales of acid-modified starch, high amylose cassava starch, industrial cassava starch and cross-linked starch. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cassava Starch Market Characteristics3. Cassava Starch Market Trends And Strategies32. Global Cassava Starch Market Competitive Benchmarking33. Global Cassava Starch Market Competitive Dashboard34. Key Mergers And Acquisitions In The Cassava Starch Market
4. Cassava Starch Market - Macro Economic Scenario
5. Global Cassava Starch Market Size and Growth
6. Cassava Starch Market Segmentation
7. Cassava Starch Market Regional And Country Analysis
8. Asia-Pacific Cassava Starch Market
9. China Cassava Starch Market
10. India Cassava Starch Market
11. Japan Cassava Starch Market
12. Australia Cassava Starch Market
13. Indonesia Cassava Starch Market
14. South Korea Cassava Starch Market
15. Western Europe Cassava Starch Market
16. UK Cassava Starch Market
17. Germany Cassava Starch Market
18. France Cassava Starch Market
19. Italy Cassava Starch Market
20. Spain Cassava Starch Market
21. Eastern Europe Cassava Starch Market
22. Russia Cassava Starch Market
23. North America Cassava Starch Market
24. USA Cassava Starch Market
25. Canada Cassava Starch Market
26. South America Cassava Starch Market
27. Brazil Cassava Starch Market
28. Middle East Cassava Starch Market
29. Africa Cassava Starch Market
30. Cassava Starch Market Competitive Landscape And Company Profiles
31. Cassava Starch Market Other Major And Innovative Companies
35. Cassava Starch Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cassava Starch Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cassava starch market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cassava starch ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cassava starch market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Native; Modified; Sweeteners2) By Form: Solid; Dry
3) By Nature: Conventional; Organic
4) By End User: Food and Beverage; Pharmaceuticals; Animal Feed; Cosmetics; Others
Key Companies Mentioned: Cargill Incorporated.; The Archer-Daniels-Midland Company (ADM); Ingredion Inc.; Roquette Frères; AGRANA Beteiligungs-AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Cargill Incorporated.
- The Archer-Daniels-Midland Company (ADM)
- Ingredion Inc.
- Roquette Frères
- AGRANA Beteiligungs-AG
- PT Buda Starch & Sweetener TbK
- Tate & Lyle PLC
- KengSeng Group Of Company
- Ekta International
- Global Sweeteners Holdings Ltd
- SPAC Starch Products
- Vaighai Agro Products Limited
- Universal Starch Chem Allied Ltd.
- Aryan Group
- Psaltry International Company Limited
- Sunrise International Inc.
- Visco Starch
- Visco Starch
- Matna Foods Ltd.
- Viet Delta Industrial Corporation
- Eiamheng Tapioca Starch Industry Co. Ltd.
Methodology
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