Global Cassava Starch Market Size, Trends, By Category (Organic, Conventional), By Product Type (Modified, Native, Sweetener), By End user (Food and Beverage, Pharmaceuticals, Animal Feed, Cosmetics, Others) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Cassava Starch Market
Global Cassava Starch Market was valued at US$ 5 Bn in 2022, estimated to reach US$ 8 Bn by 2030, with a CAGR of 5.1 % from 2023-2030.
The process of pulping and washing cassava roots yields cassava starch. It is abundant in calcium, manganese, folate, carbs, and iron. Cassava is a staple food that has a high concentration of starch and may be relatively inexpensive when compared to replacements. In addition to being utilized as a binding agent and sweetener in many food manufacturing applications, cassava starch is employed in the production of monosodium glutamate.
Market Drivers
One of the key ingredients in the food and beverage sector is cassava starch. Typically, cassava starch is utilized in bakery, snacks, dairy, and other food products. Food producers use cassava starch to create cereals and snacks that are very well-liked by consumers, improving the quality of food goods.
Because cassava starch is so widely used as a natural sweetener in food and beverage products, it is predicted to have the largest global market share for sweetener. The demand for sweeteners has expanded in a number of food and beverage industries, including bakery, convenience meals, health drinks, fizzy drinks, and others due to consumer demand for raw food and clean-label components. Consumers are becoming more aware of the advantages of natural sweeteners, such as their high energy content, low calorie content, and sugar-free intake, among others.
Market Restraints
The price of many raw resources and other commodities rises on the market as the state of the global economy improves. Additionally, it has raised the cost of cassava raw materials, which will restrain the market's expansion for cassava starch.
Market Segmentation
The scope of the Global Cassava Starch Market covers segmentation based on By Category, By Product Type, By End user and By Region.
By Category, the market is segmented into Organic, Conventional. By Product Type, the market is segmented into Modified, Native, Sweetener. By End user, the market is segmented into Food and Beverage, Pharmaceuticals, Animal Feed, Cosmetics, Others
Regional Analysis
The Global Cassava Starch Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
In terms of sales and market share, Asia-Pacific commands the cassava starch market. This is due to rising industrial demand as well as rising consumer demand for confectionery, bakery, and snack items.
Due to its rapidly expanding food and beverage industry, expanding working population, and rising family incomes, North America is anticipated to experience the fastest growth throughout the projection period.
Key Players
Tate & Lyle, Cargill, Incorporated., ADM, Ingredion., AGRANA Beteiligungs-AG, Visco Starch, Global Sweeteners Holdings Ltd, Psaltry International Company Limited, Ekta International, Chorchaiwat Industry Co.,Ltd.
Market Taxonomy
By Category
• Organic
• Conventional
By Product Type
• Modified
• Native
• Sweetener
By End user
• Food and Beverage
• Pharmaceuticals
• Animal Feed
• Cosmetics
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Cassava Starch Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Cassava Starch Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Cassava Starch Market, By Category
5.1 Y-o-Y Growth Comparison, By Category
5.2 Global Cassava Starch Market Share Analysis, By Category
5.3 Global Cassava Starch Market Size and Forecast, By Category
5.3.1 Organic
5.3.2 Conventional
6 Global Cassava Starch Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global Cassava Starch Market Share Analysis, By Product Type
6.3 Global Cassava Starch Market Size and Forecast, By Product Type
6.3.1 Modified
6.3.2 Native
6.3.3 Sweetener
7 Global Cassava Starch Market, By End user
7.1 Y-o-Y Growth Comparison, By End user
7.2 Global Cassava Starch Market Share Analysis, By End user
7.3 Global Cassava Starch Market Size and Forecast, By End user
7.3.1 Food and Beverage
7.2.2 Pharmaceuticals
7.3.3 Animal Feed
7.3.4 Cosmetics
7.3.5 Others
8 Global Cassava Starch Market, By Region
8.1 Global Cassava Starch Market Share Analysis, By Region
8.2 Global Cassava Starch Market Size and Forecast, By Region
8.3 Global Cassava Starch Market Trends and Forecast, By Region
9 North America Cassava Starch Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Cassava Starch Market Share Analysis, By Category
9.3 North America Cassava Starch Market Size and Forecast, By Product Type
9.4 North America Cassava Starch Market Size and Forecast, By End user
9.5 North America Cassava Starch Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Category
9.5.1.2 Market Size and Forecast, By Product Type
9.5.1.3. Market Size and Forecast, By End user
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Category
9.5.2.2 Market Size and Forecast, By Product Type
9.5.2.3. Market Size and Forecast, By End user
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Category
9.5.3.2 Market Size and Forecast, By Product Type
9.5.3.3. Market Size and Forecast, By End user
10 Europe Cassava Starch Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Cassava Starch Market Share Analysis, By Category
10.3 Europe Cassava Starch Market Size and Forecast, By Product Type
10.4 Europe Cassava Starch Market Size and Forecast, By End user
10.5 Europe Cassava Starch Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Category
10.5.1.2 Market Size and Forecast, By Product Type
10.5.1.3. Market Size and Forecast, By End user
10.5.2 France
10.5.2.1. Market Size and Forecast, By Category
10.5.2.2 Market Size and Forecast, By Product Type
10.5.2.3. Market Size and Forecast, By End user
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Category
10.5.3.2 Market Size and Forecast, By Product Type
10.5.3.3. Market Size and Forecast, By End user
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Category
10.5.4.2 Market Size and Forecast, By Product Type
10.5.4.3. Market Size and Forecast, By End user
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Category
10.5.5.2 Market Size and Forecast, By Product Type
10.5.5.3. Market Size and Forecast, By End user
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Category
10.5.6.2 Market Size and Forecast, By Product Type
10.5.6.3. Market Size and Forecast, By End user
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Category
10.5.7.2 Market Size and Forecast, By Product Type
10.5.7.3. Market Size and Forecast, By End user
11 Asia Pacific Cassava Starch Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Cassava Starch Market Share Analysis, By Category
11.3 Asia Pacific Cassava Starch Market Size and Forecast, By Product Type
11.4 Asia Pacific Cassava Starch Market Size and Forecast, By End user
11.5 Asia Pacific Cassava Starch Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Category
11.5.1.2 Market Size and Forecast, By Product Type
11.5.1.3. Market Size and Forecast, By End user
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Category
11.5.2.2 Market Size and Forecast, By Product Type
11.5.2.3. Market Size and Forecast, By End user
11.5.3 India
11.5.3.1. Market Size and Forecast, By Category
11.5.3.2 Market Size and Forecast, By Product Type
11.5.3.3. Market Size and Forecast, By End user
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Category
11.5.4.2 Market Size and Forecast, By Product Type
11.5.4.3. Market Size and Forecast, By End user
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Category
11.5.5.2 Market Size and Forecast, By Product Type
11.5.5.3. Market Size and Forecast, By End user
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Category
11.5.6.2 Market Size and Forecast, By Product Type
11.5.6.3. Market Size and Forecast, By End user
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Category
11.5.7.2 Market Size and Forecast, By Product Type
11.5.7.3. Market Size and Forecast, By End user
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Category
11.5.8.2 Market Size and Forecast, By Product Type
11.5.8.3. Market Size and Forecast, By End user
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Category
11.5.9.2 Market Size and Forecast, By Product Type
11.5.9.3. Market Size and Forecast, By End user
12 Latin America Cassava Starch Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Cassava Starch Market Share Analysis, By Category
12.3 Latin America Cassava Starch Market Size and Forecast, By Product Type
12.4 Latin America Cassava Starch Market Size and Forecast, By End user
12.5 Latin America Cassava Starch Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Category
12.5.1.2 Market Size and Forecast, By Product Type
12.5.1.3. Market Size and Forecast, By End user
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Category
12.5.2.2 Market Size and Forecast, By Product Type
12.5.2.3. Market Size and Forecast, By End user
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Category
12.5.3.2 Market Size and Forecast, By Product Type
12.5.3.3. Market Size and Forecast, By End user
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Category
12.5.4.2 Market Size and Forecast, By Product Type
12.5.4.3. Market Size and Forecast, By End user
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Category
12.5.5.2 Market Size and Forecast, By Product Type
12.5.5.3. Market Size and Forecast, By End user
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Category
12.5.6.2 Market Size and Forecast, By Product Type
12.5.6.3. Market Size and Forecast, By End user
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Category
12.5.7.2 Market Size and Forecast, By Product Type
12.5.7.3. Market Size and Forecast, By End user
13 Middle East Cassava Starch Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Cassava Starch Market Share Analysis, By Category
13.3 Middle East Cassava Starch Market Size and Forecast, By Product Type
13.4 Middle East Cassava Starch Market Size and Forecast, By End user
13.5 Middle East Cassava Starch Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Category
13.5.1.2 Market Size and Forecast, By Product Type
13.5.1.3. Market Size and Forecast, By End user
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Category
13.5.2.2 Market Size and Forecast, By Product Type
13.5.2.3. Market Size and Forecast, By End user
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Category
13.5.3.2 Market Size and Forecast, By Product Type
13.5.3.3. Market Size and Forecast, By End user
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Category
13.5.4.2 Market Size and Forecast, By Product Type
13.5.4.3. Market Size and Forecast, By End user
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Category
13.5.5.2 Market Size and Forecast, By Product Type
13.5.5.3 Market Size and Forecast, By End user
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Category
13.5.6.2 Market Size and Forecast, By Product Type
13.5.6.3 Market Size and Forecast, By End user
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Tate & Lyle
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Cargill, Incorporated.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. ADM
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Ingredion.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 AGRANA Beteiligungs-AG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Visco Starch
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Global Sweeteners Holdings Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Psaltry International Company Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Ekta International
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Chorchaiwat Industry Co.,Ltd .
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
