According to a new study by IMARC Group, titled “Cassava Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market size reached a production volume of 8.8 Million Tons in 2020. Cassava starch, also known as tapioca, refers to the flour procured from cassava roots via the process of washing and pulping. It usually comprises of amylose and is rich in carbohydrates, iron, folate, etc., that help in boosting immunity, regulating blood sugar levels, enhancing collagen production, etc. In addition to this, cassava is a relatively cheap raw material containing a high concentration of starch as compared to its alternatives. Furthermore, cassava starch offers several benefits, such as neutral taste, high level of purity, excellent thickening characteristics, etc. Consequently, it finds extensive applications across various industries, including pharmaceutical, textile, food and beverage (F&B), etc.
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The widespread product adoption as a thickening agent in the preparation of bakery items, yogurt, noodles, etc., is primarily driving the cassava starch market. Additionally, the growing consumer consciousness towards increasing longevity, preventing the rising prevalence of chronic diseases, promoting better health, etc., is augmenting the need for tapioca that is gluten-free and characterized by low amounts of saturated fat. This, in turn, is catalyzing the global market. Moreover, the elevating utilization of cassava starch for sizing, printing, finishing, or placing a particular design on the smooth surface of the fabric is acting as another significant growth-inducing factor. Apart from this, the escalating demand for extruded snacks processed with product variants is anticipated to fuel the cassava starch market over the forecasted period. Looking forward, IMARC Group expects the global cassava starch market to reach a volume of 11.0 Million Tons by 2026.
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- TCS Tapioca
- Eiamehang Tapioca
- Sunrise International
- PT Buda Starch & Sweetener
- SPAC Tapioca
Breakup by End-Use:
- Food Industries
- Paper Industries
- Modified Starch
- Sago Pearl
- Latin America
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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