IMARC Group, a leading market research company, has recently releases report titled “Cassava Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global cassava starch market size, share trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the cassava starch market?

What is Cassava starch?

Cassava starch, also called tapioca, represents a fine and white crystalline flour procured from fresh cassava roots through pulping and washing. It is a rich source of amylose, iron, folate, amylopectin, manganese, carbohydrates, calcium, etc., which support gut health and facilitate blood sugar levels. In addition to this, cassava starch also contains vitamin C, which promotes immune function and collagen production. It is a gluten-free and non-allergenic product comprising low amounts of saturated fat and sodium. Consequently, cassava starch finds extensive applications in various industries, such as food and beverage (FB), paper and pulp, textiles, etc., across the globe.

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What are the growth prospects and trends in the cassava starch industry:

The expanding working population and the inflating disposable income levels of individuals are propelling the demand for ready-to-eat (RTE) food products, which is primarily driving the cassava starch market. Additionally, the widespread adoption of this flour as a thickening agent in soups, noodles, ice creams, bakery products, yogurt, soft drinks, etc., is further catalyzing the market growth. Besides this, it is also utilized in the pharmaceuticals industry to formulate specific medicines, which is acting as another significant growth-inducing factor. Moreover, the rising popularity of cassava starch for sizing, finishing, and printing, owing to its flexibility, abrasion resistance, ability to form a bond with the fiber, etc., is positively influencing the global market. Apart from this, it aids in covering blemishes or defects and provides the finishing look to a final product. Furthermore, the growing usage of biofuels in automobiles, on account of the implementation of stringent regulations by government bodies for minimizing carbon emissions, is expected to fuel the cassava starch market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by End-Use:

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

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

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

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