Global Cassava Starch Market Overview 2018, Demand by Regions, Share, Price Trends and Forecast to 2023

The global cassava starch market is currently experiencing a positive growth. This is due to the factors which include high nutritional content, thriving food industry, rising non-food applications and low capital investment.

Cassava-starch-market

Request a sample report: https://www.imarcgroup.com/request?type=report&id=558&flag=B

Cassava starch, also known as tapioca starch, can be easily extracted from the roots of cassava as compared to other starches. It incorporates a simple process which can be performed on a small-scale with limited capital. In addition to this, cassava starch has high amounts of calcium, iron, folate, manganese and carbohydrates, whereas low amounts of saturated fat and sodium. Some of the physical and chemical properties of cassava starch include high level of purity, neutral taste, high paste viscosity, high paste clarity and high freeze-thaw stability which are advantageous to many industries. A new research report titled “Cassava Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” by IMARC Group estimates that the market reached a volume of 6.7 million tons in 2017. The report further anticipates the market to cross 7.4 million tons, registering a CAGR of approximately 1.6% by 2023.

Read full report with TOC: https://www.imarcgroup.com/cassava-starch-processing-plant

Market Drivers/Constraints:

  • Cassava starch is known for its hydrating, thickening, water absorption and texturising properties and thus, it is extensively used in the processing of bakery & pastry products, noodles, soups, yogurts, ice creams, soft drinks, etc. This represents a major factor for the growth in demand of cassava starch.
  • In the adhesive industry, cassava starch is highly preferred as it possesses characteristics which help in improving the appearance, strength and printing properties of paper.
  • Cassava starch offers numerous health benefits such as it reduces cholesterol levels, maintains blood sugar levels, prevents constipation, aids digestion and provides satiety. This coupled with the growing health consciousness among the consumers has further augmented the global demand for cassava starch.
  • However, the price of cassava starch is currently higher than other types of starches, such as corn starch, which is limiting its consumption. This acts as a major road block for the growth of the market.

End-Use Insights:

Based on end-use, sweeteners exhibit a clear dominance in the market, accounting for the majority of the global share. This can be attributed to the thickening and texturising properties of cassava starch. It is followed by MSG/lysine, food industries, paper industries, modified starch and textile.

Regional Insights:

On a geographical front, Asia-Pacific enjoys a leading position in the global cassava starch market owing to the socio-economic conditions of the region. Within Asia-Pacific, Thailand and Indonesia currently represents the biggest markets. Asia-Pacific is followed by Latin America and others.

Competitive Landscape:

The market is surrounded by the presence of manufacturers with different capacities who compete in terms of prices and quality. Some of the leading players operating in the market are:

  • SPAC Starch Product India Limited
  • Vaighai Agro Products
  • Matna Food Ltd.
  • Thai German Processing Co. Ltd.
  • Psaltry International Limited
  • TAPIOCA VIETNAM Company
  • Lentus Foods Ltd.
  • Keng Seng Group of Companies

Browse related reports:

Native Starch Market Research Report: https://www.imarcgroup.com/native-starch-market

Potato Starch Market Research Report: https://www.imarcgroup.com/potato-starch-market

About Us

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.

Contact Us

IMARC Group

USA: +1-631-791-1145

Email: sales@imarcgroup.com

Website: https://www.imarcgroup.com

Follow us on twitter: @imarcglobal

Advertisements

Global Cassava Starch Market Share, Size, Price Trends and Forecast 2017-2022

Cassava has a high concentration of starch and is relatively cheaper than other sources. The growing demand for cassava starch for food and industrial applications is expected to drive the global cassava starch market with the global production projected to reach a volume of 7.2 Million Tons by 2022.

IMARC Group’s latest study “Cassava Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” provides an in-depth analysis of the global cassava starch market. Cultivated in around a hundred countries worldwide, cassava (Manihot esculenta) represents one of the most popular staples in the tropical region. It is a relatively cheap raw material for starch production and has a higher concentration of starch as compared to other starch sources such as rice, sweet potato, wheat and maize. Furthermore, it has a high level of purity, excellent textural and thickening properties and a neutral taste.

Cassava starch can be easily extracted using a simple process which can be carried out on a small scale with limited capital. As a result of its ease of production and numerous physical and chemical properties, cassava starch is used in a number food and industrial processes. According to the report, the global cassava starch market reached a volume of 6.6 Million Tons in 2016, growing at a CAGR of around 2% during 2009-2016.

Request sample of the report: http://www.imarcgroup.com/request?type=report&id=558&flag=B

Cassava Starch.jpg

As a result of its thickening, moisturising, texturizing, pasting, water absorption, water binding and dough mixing properties, starch finds numerous uses in the food industry. It is used in the production of sweeteners, confectioneries, lysine, bakery products, sago pearls, canned foods, jams, preserves, MSG, noodles, etc. It is also used in the production of dextrose and caramel. Cassava starch is preferred in the adhesives industry as it helps in producing more viscous adhesives that provide stable glues and work more smoothly. It also finds applications in the modified starch, textile, pharmaceuticals, detergents, plastics, plywood and paperboard industries. The growing demand for cassava starch products for food and industrial applications has directed the global attention towards the cassava starch market. As a result, this market is projected to reach a volume of 7.2 Million Tons by 2022.

To get more infromation, please visit @ http://www.imarcgroup.com/cassava-starch-processing-plant

On the basis of aforementioned applications, the report has segmented the market into sweeteners, textile, modified starch, paper, sago pearl and MSG/Lysine. Sweeteners currently represent the largest consumer of cassava starch accounting for the majority of the total global consumption. The report has further analysed the market region-wise. Currently, Asia represents the largest producer of cassava starch accounting for the majority of the total global production. Within Asia, Thailand and Indonesia account for around half of the production value. The report has also analysed the competitive landscape of the report covering the key global players currently operating in this market.

The report provides a comprehensive analysis for setting up a cassava starch processing plant. The study covers all the requisite aspects of the cassava starch market and provides an in-depth analysis of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the cassava starch market manner.

Browse more related reports:

Wheat Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

Pasta Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

About Us

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.

Contact Us

IMARC Group
Tel No: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
Follow us on twitter: @imarcglobal