Cassava Starch Market Size, Share & Trends Analysis Report By Product (Modified Starch, Native Starch), By Application (Food & Beverage, Pharmaceutical), By Region, And Segment Forecasts, 2024 - 2030
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Cassava Starch Market Size & Trends
The global cassava starch market size was estimated at USD 5.45 billion in 2023 and is projected tgrow at a CAGR of 5.9% from 2024 t2030. One of the primary drivers is the increased demand for convenience foods. As urbanization accelerates and lifestyles become busier, consumers seek quick and easy meal solutions. Cassava starch is an essential ingredient in various processed foods, including ready-to-eat meals, sauces, and instant soups, due tits binding, thickening, and stabilizing properties. This trend towards convenience foods significantly contributes texpanding the cassava starch industry, as manufacturers incorporate it tenhance product quality and appeal.
Another crucial factor is the growing awareness of gluten intolerance and celiac disease, which has led ta surge in demand for gluten-free products. Cassava starch is naturally gluten-free, making it a preferred choice for producing gluten-free alternatives such as bread, pasta, and baked goods. This shift towards healthier dietary options aligns with consumer desires for products catering tspecific dietary restrictions without compromising taste or texture. The increasing prevalence of gluten-related disorders has further solidified cassava starch's position in the market as a vital ingredient for those seeking gluten-free solutions.
The expansion of the food processing industry alsplays a significant role in driving cassava starch consumption. In regions where cassava is a staple crop, such as Asia Pacific and Africa, the food processing sector is growing rapidly. Cassava starch is utilized in various products such as noodles, snacks, and bakery items, enhancing their texture and quality. The versatility of cassava starch makes it an attractive option for food manufacturers looking tinnovate and meet diverse consumer demands. This growth in food processing not only increases the demand for cassava starch but alsencourages investments in production capabilities.
The growing emphasis on sustainable practices in manufacturing has led the paper industry tseek eco-friendly alternatives ttraditional materials. Cassava starch is renewable and biodegradable, which aligns with the industry's shift towards reducing environmental impact. Paper manufacturers can promote their commitment tsustainability by incorporating cassava starch inttheir products, appealing tenvironmentally conscious consumers and businesses. This trend not only helps reduce reliance on synthetic additives but alssupports the development of biodegradable packaging solutions.
Cassava starch is emerging as a substitute for traditional grain-based starches like corn and wheat. Its competitive pricing and excellent thickening properties make it an appealing alternative in various applications within the food processing industry. For example, in sauces, soups, and gravies, cassava starch provides an effective and cost-efficient solution that meets the needs of manufacturers looking for reliable ingredients. This trend towards substituting grain-based starches with cassava starch is expected tcontinue driving market growth as more companies recognize its benefits.
One of the significant challenges for the cassava starch industry is the price volatility of raw materials. The cost of cassava roots can fluctuate due tseveral factors, including weather conditions, pest infestations, and market demand. Such fluctuations can impact the production costs of cassava starch, making it difficult for manufacturers tmaintain consistent pricing and profitability. The growing incidences of pests and diseases substantially threaten cassava yields and quality. Diseases such as cassava mosaic disease and cassava brown streak disease can severely affect crop health, reducing production levels.
Global Cassava Starch Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 t2030. For this study, Grand View Research has segmented the global cassava starch market report based on product, application, and region:
Cassava Starch Market Size & Trends
The global cassava starch market size was estimated at USD 5.45 billion in 2023 and is projected tgrow at a CAGR of 5.9% from 2024 t2030. One of the primary drivers is the increased demand for convenience foods. As urbanization accelerates and lifestyles become busier, consumers seek quick and easy meal solutions. Cassava starch is an essential ingredient in various processed foods, including ready-to-eat meals, sauces, and instant soups, due tits binding, thickening, and stabilizing properties. This trend towards convenience foods significantly contributes texpanding the cassava starch industry, as manufacturers incorporate it tenhance product quality and appeal.
Another crucial factor is the growing awareness of gluten intolerance and celiac disease, which has led ta surge in demand for gluten-free products. Cassava starch is naturally gluten-free, making it a preferred choice for producing gluten-free alternatives such as bread, pasta, and baked goods. This shift towards healthier dietary options aligns with consumer desires for products catering tspecific dietary restrictions without compromising taste or texture. The increasing prevalence of gluten-related disorders has further solidified cassava starch's position in the market as a vital ingredient for those seeking gluten-free solutions.
The expansion of the food processing industry alsplays a significant role in driving cassava starch consumption. In regions where cassava is a staple crop, such as Asia Pacific and Africa, the food processing sector is growing rapidly. Cassava starch is utilized in various products such as noodles, snacks, and bakery items, enhancing their texture and quality. The versatility of cassava starch makes it an attractive option for food manufacturers looking tinnovate and meet diverse consumer demands. This growth in food processing not only increases the demand for cassava starch but alsencourages investments in production capabilities.
The growing emphasis on sustainable practices in manufacturing has led the paper industry tseek eco-friendly alternatives ttraditional materials. Cassava starch is renewable and biodegradable, which aligns with the industry's shift towards reducing environmental impact. Paper manufacturers can promote their commitment tsustainability by incorporating cassava starch inttheir products, appealing tenvironmentally conscious consumers and businesses. This trend not only helps reduce reliance on synthetic additives but alssupports the development of biodegradable packaging solutions.
Cassava starch is emerging as a substitute for traditional grain-based starches like corn and wheat. Its competitive pricing and excellent thickening properties make it an appealing alternative in various applications within the food processing industry. For example, in sauces, soups, and gravies, cassava starch provides an effective and cost-efficient solution that meets the needs of manufacturers looking for reliable ingredients. This trend towards substituting grain-based starches with cassava starch is expected tcontinue driving market growth as more companies recognize its benefits.
One of the significant challenges for the cassava starch industry is the price volatility of raw materials. The cost of cassava roots can fluctuate due tseveral factors, including weather conditions, pest infestations, and market demand. Such fluctuations can impact the production costs of cassava starch, making it difficult for manufacturers tmaintain consistent pricing and profitability. The growing incidences of pests and diseases substantially threaten cassava yields and quality. Diseases such as cassava mosaic disease and cassava brown streak disease can severely affect crop health, reducing production levels.
Global Cassava Starch Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 t2030. For this study, Grand View Research has segmented the global cassava starch market report based on product, application, and region:
- Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Food & Beverage
- Animal Feed
- Pharmaceutical
- Personal Care & Cosmetics
- Paper & Textile
- Product Outlook (Revenue, USD Billion, 2018 - 2030)
- Modified Starch
- Native Starch
- Sweetener
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Australia & New Zealand
- South Korea
- Central & South America
- Brazil
- Middle East & Africa
- Saudi Arabia
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Product Outlook
2.3. Packaging Outlook
2.4. Competitive Landscape Outlook
CHAPTER 3. CASSAVA STARCH MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Outlooks
3.3.2. Manufacturing and Technology Trends
3.3.3. Sales Channel Analysis
3.3.4. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis - Porter’s Five Forces Analysis
3.6. Market Entry Strategies
CHAPTER 4. CASSAVA STARCH MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Cassava Starch Market, by Product: Key Takeaways
4.2. Product Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Billion)
4.3.1. Modified Starch
4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.2. Native Starch
4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.3. Sweetener
4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 5. CASSAVA STARCH MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
5.1. Cassava Starch Market, by Application: Key Takeaways
5.2. Application Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Billion)
5.3.1. Food & Beverage
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Animal Feed
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.3. Pharmaceuticals
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.4. Personal Care & Cosmetics
5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.5. Paper & Textile
5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 6. CASSAVA STARCH MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Cassava Starch Market: Regional Outlook
6.2. Regional Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Billion)
6.3.1. North America
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.2. U.S.
6.3.1.2.1. Key country dynamics
6.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.3. Canada
6.3.1.3.1. Key country dynamics
6.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.4. Mexico
6.3.1.4.1. Key country dynamics
6.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Europe
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.2. Germany
6.3.2.2.1. Key country dynamics
6.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.3. UK
6.3.2.3.1. Key country dynamics
6.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.4. France
6.3.2.4.1. Key country dynamics
6.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.5. Italy
6.3.2.5.1. Key country dynamics
6.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.6. Spain
6.3.2.6.1. Key country dynamics
6.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3. Asia Pacific
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.2. China
6.3.3.2.1. Key country dynamics
6.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.3. Japan
6.3.3.3.1. Key country dynamics
6.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.4. India
6.3.3.4.1. Key country dynamics
6.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.5. Australia & New Zealand
6.3.3.5.1. Key country dynamics
6.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.6. South Korea
6.3.3.6.1. Key country dynamics
6.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4. Central & South America
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4.2. Brazil
6.3.4.2.1. Key country dynamics
6.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5. Middle East & Africa
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5.2. Saudi Arabia
6.3.5.2.1. Key country dynamics
CHAPTER 7. COMPETITIVE ANALYSIS
7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Company Categorization
7.3. Participant’s Overview
7.4. Financial Performance
7.5. Product Benchmarking
7.6. Company Market Share Analysis, 2023 (%)
7.7. Company Heat Map Analysis
7.8. Strategy Mapping
7.9. Company Profiles
7.9.1. Tate & Lyle
7.9.2. Cargill, Incorporated
7.9.3. Ingredion
7.9.4. AGRANA Starch
7.9.5. Psaltry International Limited
7.9.6. KPN Pharma Co., Ltd.
7.9.7. Visco Starch
7.9.8. SPAC Starch Products Ltd.
7.9.9. Vaighai Agro
7.9.10. Ekta International
7.9.11. Aryan International
7.9.12. Sanstar Bio-Polymers Ltd.
7.9.13. Asia Fructose Co., Ltd.
7.9.14. Thai Foods Product International Co., Ltd.
7.9.15. Ng Wah International Development Limited
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Product Outlook
2.3. Packaging Outlook
2.4. Competitive Landscape Outlook
CHAPTER 3. CASSAVA STARCH MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Outlooks
3.3.2. Manufacturing and Technology Trends
3.3.3. Sales Channel Analysis
3.3.4. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis - Porter’s Five Forces Analysis
3.6. Market Entry Strategies
CHAPTER 4. CASSAVA STARCH MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Cassava Starch Market, by Product: Key Takeaways
4.2. Product Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Billion)
4.3.1. Modified Starch
4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.2. Native Starch
4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.3. Sweetener
4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 5. CASSAVA STARCH MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
5.1. Cassava Starch Market, by Application: Key Takeaways
5.2. Application Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Billion)
5.3.1. Food & Beverage
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Animal Feed
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.3. Pharmaceuticals
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.4. Personal Care & Cosmetics
5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.5. Paper & Textile
5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 6. CASSAVA STARCH MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Cassava Starch Market: Regional Outlook
6.2. Regional Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Billion)
6.3.1. North America
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.2. U.S.
6.3.1.2.1. Key country dynamics
6.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.3. Canada
6.3.1.3.1. Key country dynamics
6.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.4. Mexico
6.3.1.4.1. Key country dynamics
6.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Europe
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.2. Germany
6.3.2.2.1. Key country dynamics
6.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.3. UK
6.3.2.3.1. Key country dynamics
6.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.4. France
6.3.2.4.1. Key country dynamics
6.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.5. Italy
6.3.2.5.1. Key country dynamics
6.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.6. Spain
6.3.2.6.1. Key country dynamics
6.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3. Asia Pacific
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.2. China
6.3.3.2.1. Key country dynamics
6.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.3. Japan
6.3.3.3.1. Key country dynamics
6.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.4. India
6.3.3.4.1. Key country dynamics
6.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.5. Australia & New Zealand
6.3.3.5.1. Key country dynamics
6.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.6. South Korea
6.3.3.6.1. Key country dynamics
6.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4. Central & South America
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4.2. Brazil
6.3.4.2.1. Key country dynamics
6.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5. Middle East & Africa
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5.2. Saudi Arabia
6.3.5.2.1. Key country dynamics
CHAPTER 7. COMPETITIVE ANALYSIS
7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Company Categorization
7.3. Participant’s Overview
7.4. Financial Performance
7.5. Product Benchmarking
7.6. Company Market Share Analysis, 2023 (%)
7.7. Company Heat Map Analysis
7.8. Strategy Mapping
7.9. Company Profiles
7.9.1. Tate & Lyle
7.9.2. Cargill, Incorporated
7.9.3. Ingredion
7.9.4. AGRANA Starch
7.9.5. Psaltry International Limited
7.9.6. KPN Pharma Co., Ltd.
7.9.7. Visco Starch
7.9.8. SPAC Starch Products Ltd.
7.9.9. Vaighai Agro
7.9.10. Ekta International
7.9.11. Aryan International
7.9.12. Sanstar Bio-Polymers Ltd.
7.9.13. Asia Fructose Co., Ltd.
7.9.14. Thai Foods Product International Co., Ltd.
7.9.15. Ng Wah International Development Limited
