Cassava Starch Market Report: Trends, Forecast and Competitive Analysis to 2030
Cassava Starch Trends and Forecast
The future of the global cassava starch market looks promising with opportunities in the sweetener, MSG/lysine, food industry, paper industry, modified starch, sago pearl, & textile markets. The global cassava starch market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing demand in food and beverage industry for gluten-free alternatives and rising popularity of cassava starch in pharmaceutical and personal care products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cassava Starch by Segment
The study includes a forecast for the global cassava starch by product type, end use, and region.
Cassava Starch Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Modified
- Native
- Sweetener
Cassava Starch Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Sweetener
- MSG/Lysine
- Food
- Paper
- Modified Starch
- Sago Pearl
- Textile
- Others
Cassava Starch Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Cassava Starch Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cassava starch companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cassava starch companies profiled in this report include-
- TCS Tapioca
- Eiamheng Tapioca
- Sunrise International
- PT Buda Starch & Sweetener
- Sharp SPAC Tapioca
Cassava Starch Market Insights
Lucintel forecasts that modified is expected to witness the highest growth.
Within this market, sweetener is expected to witness the highest growth.
APAC is expected to witness the highest growth.
Features of the Global Cassava Starch Market
Market Size Estimates: Cassava starch market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cassava starch market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Cassava starch market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the cassava starch market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cassava starch market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for cassava starch market?
Answer: The global cassava starch market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the cassava starch market?
Answer: The major drivers for this market are growing demand for gluten-free alternatives in food and beverage industry and rising popularity of this starch in pharmaceutical and personal care products.
Q3. What are the major segments for cassava starch market?
Answer: The future of the cassava starch market looks promising with opportunities in the sweetener, MSG/lysine, food industry, paper industry, modified starch, sago pearl, & textile markets.
Q4. Who are the key cassava starch market companies?
Answer: Some of the key cassava starch companies are as follows:
- TCS Tapioca
- Eiamheng Tapioca
- Sunrise International
- PT Buda Starch & Sweetener
- Sharp SPAC Tapioca
Q5. Which cassava starch market segment will be the largest in future?
Answer: Lucintel forecasts that modified is expected to witness the highest growth.
Q6. In cassava starch market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cassava starch market by product type (modified, native, and sweetener), end use (sweetener, MSG/lysine, food industry, paper industry, modified starch , sago pearl, textile, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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