"The credible Cassava Starch Market report is a helpful resource that provides current and upcoming technical and financial details of the industry up to 2029. Statistical and numerical data, such as facts and figures, are well-represented in the report using charts, tables, or graphs. The report is primarily distributed to users in PDF or spreadsheet formats, although a PPT format can be provided if specified by the client. Businesses can confidently rely on the information provided in this top-notch Cassava Starch Market report, sourced only from valuable and genuine resources.
In the face of escalating competition presenting numerous challenges for businesses, the Cassava Starch Market research report emerges as a key facet to overcome these hurdles and advance swiftly in the industry. This market report provides clients with the highest level of market data and information tailored to niche and business requirements. An influential Cassava Starch Market report includes a study of market potential for each geographical region based on growth rates, macroeconomic parameters, consumer buying patterns, potential future trends, and market demand and supply scenarios.
Nowadays, large number of population is suffering from health issues such as high blood sugar and obesity because of this consumers are highly adopting functional foods. High sugar and fat consumption is responsible for obesity and many other health problems. As cassava starch comprises high fiber content due to which consumers are preferring it. Furthermore, cassava provides numerous advantages such as high level of purity, neutral taste, and excellent thickening characteristics. It also features freeze-thaw stability, high paste clarity, and pastes viscosity, enhancing the market growth rate during the forecast period.
Data Bridge Market Research analyses that the cassava starch market was valued at USD 4.95 billion in 2022 and is expected to reach USD 7.54 billion by 2030, registering a CAGR of 5.40% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Explore Further Details about This Research Cassava Starch Market Report https://www.databridgemarketresearch.com/reports/global-cassava-starch-market
Cassava Starch Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Category (Organic, Conventional), Form (Solid, Liquid), Product Type (Modified, Native, Sweetener), End user (Food and Beverage, Pharmaceuticals, Animal Feed, Cosmetics, Others) |
Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered | 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), Psaltry International Company Limited (Nigeria), Ekta International (India), Chorchaiwat Industry Co.,Ltd. (Thailand), Matna Foods Ltd. (Nigeria), KengSeng group of company (South Korea), SPAC Starch Products (India) Ltd (India), Viet Delta (Vietnam) |
Market Opportunities |
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Cassava starch is procured from cassava roots by the method of pulping and washing. It is rich in iron, carbohydrates, folate, manganese and calcium. Compared to its substitutes, cassava may be a comparatively cheap staple containing a high concentration of Starch. Cassava starch finds its application in the manufacture of monosodium glutamate as well as used as a binding agent and sweetener in numerous food production applications.
Cassava Starch Market Dynamics
Drivers
- Increasing demand of cassava starch food and beverage industry
Cassava starch is one of the important ingredients in food and beverage industry. Cassava starch is normally used in dairy, snacks, baker and other culinary products. To increase the quality of food products, food manufacturers are using cassava starch to produce cereals and snacks which are highly popular among consumers.
- Surging usage of cassava for the production of sweetener
Sweetener produced from cassava starch is anticipated to have the most substantial global market share owing to its high usage as a natural sweetener in food and beverage products. Consumer demand for raw food and clean-label ingredients has increased the need for the sweeteners in numerous food and beverage industries, such as bakery, convenience meals, health drinks, fizzy drinks and others. Benefits of natural sweeteners' such as a rich source of energy, low calorie, sugar-free intake, and others, are becoming more well-known among consumers.
Opportunities
- Increase in consumption of functional foods
Functional foods comprise the perfect nutritional balance. Consumers are opting for functional foods to maintain a healthy lifestyle. Functional foods are believed to positively impact health and decrease the risk of certain diseases such as high blood sugar and obesity. Cassava starch is also a part of functional food with a low glycemic index and sufficient dietary fiber. Therefore, rise in the consumption of functional food will likely to create lucrative opportunities for the market growth.
- High usage of cassava in snacks and cereals
Cassava starch is highly used in snacks as a water-binding and texturizing agent, as well as to aid produce the essential viscosity. Cassava starch's high binding, consistency and water-holding qualities make it more perfect for numerous cereals and snacks. The cassava starch market will benefit from the increasing demand for hot extruded snacks and ready-to-eat cereals.
Answers That the Cassava Starch Market Report Acknowledges:
- Market size and growth rate during forecast period
- Key factors driving the Cassava Starch Market
- Key market trends cracking up the growth of the Cassava Starch Market.
- Challenges to market growth
- Key vendors of Cassava Starch Market
- Opportunities and threats faces by the existing vendors in Global Cassava Starch Market
- Trending factors influencing the market in the geographical regions
- Strategic initiatives focusing the leading vendors
- PEST analysis of the market in the five major regions
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