The Global Cassava Starch Market size was valued at USD 5.52 billion in 2023, and the global market size is expected to reach USD 9.48 billion by 2032 from USD 5.86 billion in 2024. The market's promising CAGR for the predicted period is 6.2%.
Cassava is a root vegetable. It contains vitamin C and copper. It can be harmful if eaten raw because it may contain harmful compounds. Cassava vegetable is primarily grown in South America and Africa regions. Cassava provides many important nutrients, which include resistant starch. This starch has health benefits. Sweet cassava is also known as yuca, manioc, or Brazilian arrowroot. The root of the cassava plant is the mostly consumed part of the cassava plant. Tapioca is a type of starch which is made from cassava root. The cassava root is free from gluten, grain, and nuts; hence it is beneficial to people with food allergies. Cassava starch consists of antioxidants and high carbonate content which is of fresh taste. It prevents infections and offers other health benefits. This starch is widely used in food and beverage companies. Cassava also consists of nutrients like calcium, phosphorous, thiamine, riboflavin, and fiber. It also contains antinutrients like phytate, saponins, and tannins, which can cause adverse health problems.
Cassava starch has numerous benefits. The cassava starch is used as glue or adhesive for a wide range of applications. This leads to an increase in opportunity in the cassava starch market growth for coming years. Cassava starch is also used in the textile industry as a sizing agent to harden and protect yarns; this improves textile efficiency. The cassava starch is also used as a finishing agent, which smoothens the fabrics. In addition, there is an increase in the consumption of functional food because more people are accepting a healthy lifestyle. These functional foods are considered to have a healthy impact on human health. Cassava starch consumption decreases the risk of diabetes and obesity. Cassava starch is used in functional food manufacturing because it has a low glycemic index and a significant amount of dietary fiber. Also, cassava starch is used in snacks as a water-binding agent, which also increases the velocity. The cassava starch is perfect for manufacturing various cereals and snacks as it has high binding, consistency, and water-holding capacity. The opportunity for the cassava starch market is increasing due to the increasing demand for snacks and ready-to-eat cereals.
The increase in demand for cassava starch food by the population drives the Cassava Starch Market. This is due to the health-related advantages of Cassava. In Food and Beverage industry, cassava starch is nowadays a main ingredient. This starch is widely used in food formulations like baked goods. Extruded small meals and cassava beads are both produced using cassava starch. Cassava starch is an ingredient, a vehicle for sugars and flavors, and a fat alternative. Thai cassava is used in baby food, condiments, soups, frozen meals, dry mixes, baked goods, snacks, condiments, soups, sausages, dairy products, meat, and fish items. The market for cassava starch expands as a result of this. Cassava starch is also used in the chemical industry, which drives the cassava starch market growth. The cassava starch syrup is manufactured at a low cost. The process includes procedures like acidification or enzymatic hydrolysis. The syrup is also used as raw material to produce numerous chemicals like sodium glutamate, amino acids, organic acids, ethanol, vitamins, and antibiotics. Hence drives the market growth over the forecasting period. Additionally, cassava starch is used in the paper industry because modified starch is used to improve paper quality and productivity in the industry. These are the factors that increase the cassava starch market value.
The production of cassava starch is a very pricy process and less available. Nowadays there is inflation in the market leads to an increase in the cost of raw materials, which ultimately leads to an increase in the cost of materials required for the manufacturing process. Additionally, the availability of other competition in the market leads to an aggravation of the same kind of products which decreases the growth of the cassava starch market. The presence of different starchy materials like corn starch, potato starch, rice starch, etc., hinders the cassava starch market growth. Additionally, if the cassava starch is not prepared properly before consumption, this leads to hindrances in the market. The main side effect includes poisoning. This is due to the presence of a harmful substance called cyanogenic glycoside which leads to the production of cyanide in the human body. In addition, the presence of antinutrients and some toxins in cassava starch can cause harm to an individual. These are the restraining factor of the cassava starch market.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
6.2% |
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Segments Covered |
By Category, Form, Product type, End User and Region. |
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Various Analyses Covered |
Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Tate & Lyle (U.K.), Cargill, Incorporated. (U.S.), ADM (U.S.), Ingredion. (U.S.), AGRANA Beteiligungs-AG (Austria), Visco Starch (U.S.), Global Sweeteners Holdings Ltd (China), Chorchaiwat Industry Co.,Ltd. (Thailand), Matna Foods Ltd. (Nigeria), KengSeng group of company (South Korea), SPAC Starch Products (India) Ltd (India), Viet Delta (Vietnam), Psaltry International Company Limited (Nigeria), Ekta International (India). |
Among these, the organic segment dominates the Cassava starch market. The organic segment is expected to dominate the market over the forecasting period. This is due to an increase in demand for gluten-free bakery foods. The increase in demand for gluten-free bakery food is due to an increase in the prevalence of celiac diseases caused by the consumption of gluten. Additionally, the conventional segment is expected to show the fastest CAGR growth over the forecasting period. This is due to an increase in demand for sweeteners. The demand is due to cassava starch being used as raw material as a sweetener in the food and beverage industry.
Among these, the liquid form segment dominates the Cassava Starch Market. The liquid form segment is expected to its dominance over the forecasting period. This is due to an increase in demand for cassava starch in liquid form as they are used in beverages. Cassava starch is used as a sweetener in many industries. The cassava starch syrup is mainly used by many end users. The solid form segment is expected to show the fastest CAGR growth over the forecasting period. This is due to an increase in demand for cassava starch in powdered form. The powdered form of cassava starch is used in various industries like bakery and food industries.
Among these, the sweetener segment dominates the market. The Sweetener segment is expected to show its dominance over the forecasting period. Cassava starch is mainly used as a sweetener in many industries like food and beverage and bakeries, as cassava starch can be used as a natural sweetener in these industries. It is beneficial for all consumers if this sweetener is added, as it will cause no harm to them. Hence Sweetener segment dominates the market. The native segment is expected to show the fastest CAGR growth over the forecasting period.
Among these, the food and beverage segment dominates the market shares. The food and beverage segment is expected to show its dominance over the forecasting period. This is due to an increase in demand for conventional products. The increase in demand for conventional food is due to busy lifestyles. The increased adoption of consumers preferring gluten-free products also drives segmental growth. Cassava starch is used as a sweetener in many food and beverage industries. The cassava starch is used as a sweetener in bakery products, during beverage manufacturing, etc. The increase in awareness regarding healthy lifestyles also drives segmental growth. Hence the increase in demand for cassava starch in the food industry because of its various properties helps in segmental growth. The animal feed segment is expected to show the fastest CAGR growth over the forecasting period. This is due to an increase in demand for cassava in the animal feed industry.
This is due to an increase in demand for cassava starch in various industries like food and beverage, textile, pharmaceutical, etc. The key manufacturers in this region are from China, Japan, and Indonesia. These countries are the top most countries that are importing cassava starch. Among these, China imports the maximum amount of cassava starch. Also, this region has the major exporters of cassava starch. The major exporters in the region include Thailand, Vietnam, etc. For instance, In 2020, Thailand and Indonesia produced roughly 31 million tonnes and 20 million tonnes, respectively, of cassava. The increase in demand for cassava starch in this region is due to the huge availability of raw materials.
This is due to an increase in demand for gluten-free products in this region. The highest consumption rate in this region is by the United States. For instance, as per the National Library of Medicine, in the United States, more than $15.5 billion were spent on retail sales of gluten-free foods in 2016, and this number is increasing over time. Additionally, the increase in growth of food and beverage industries. Cassava starch has many properties which benefit the health of humans. The consumption of cassava starch is increased due to its properties; it is low calorie and prevents diabetes and obesity. Hence the region shows significant growth over the forecasting period.
The LAMEA region is expected to show the fastest CAGR growth over the forecasting period. This is due to an increase in demand for cassava starch in various industries like textile, food and beverage, pharmaceutical, etc.
Key market players of Cassava Starch Market are Tate & Lyle (U.K.), Cargill, Incorporated. (U.S.), ADM (U.S.), Ingredion. (U.S.), AGRANA Beteiligungs-AG (Austria), Visco Starch (U.S.), Global Sweeteners Holdings Ltd (China), Chorchaiwat Industry Co.,Ltd. (Thailand), Matna Foods Ltd. (Nigeria), KengSeng group of company (South Korea), SPAC Starch Products (India) Ltd (India), Viet Delta (Vietnam), Psaltry International Company Limited (Nigeria), Ekta International (India).
By Region
Frequently Asked Questions
The growth of the cassava starch market is driven by factors such as increasing demand for clean-label and natural ingredients in food and beverage products, growing adoption of cassava starch as a gluten-free and allergen-free alternative to wheat and corn starch, expanding applications in non-food industries such as paper, textile, and pharmaceuticals, and rising consumption of processed foods and convenience products in emerging markets.
Emerging trends in the cassava starch market include the development of modified cassava starches with enhanced functionalities such as improved stability, texture, and mouthfeel, adoption of sustainable and eco-friendly processing technologies to reduce water and energy consumption in cassava starch production, expansion of cassava starch applications in biodegradable packaging and biomaterials, and promotion of cassava-based food products in gluten-free and vegan diets.
Challenges include addressing issues related to fluctuating cassava yields and prices, managing supply chain logistics and quality control for cassava roots and starch products, navigating regulatory requirements and safety standards for food and industrial applications of cassava starch, and addressing concerns about land use change, deforestation, and social impacts associated with cassava cultivation. Additionally, ensuring traceability and transparency in the cassava starch supply chain poses challenges to manufacturers and suppliers.
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