The report published on global Cassava Starch Market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. The Cassava Starch Market offers precise market scenario crucial real-time information about the developments and advancements in the market to help readers, stakeholders, and investors capitalize on the emerging opportunities. In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.
The global cassava starch market size was significantly robust in 2020 and is expected to register a double-digit revenue CAGR over the forecast period. Some key factors driving market revenue growth are wide usage of cassava starch in bakery products, snacks, cereals, and various processed foods beverages, increasing industrial applications, particularly in pharmaceutical and Cosmetics personal care industries, and surging demand for chemical-free products. Increasing awareness about the gluten-free properties of cassava and rising demand among individuals with allergic conditions such as celiac disease are among some other factors supporting market growth. Global market growth is further driven by increasing use of cassava in functional foods beverages due to healthful properties and rising awareness about health well-being benefits among consumers.
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Competitive Landscape
Tate Lyle, Ingredion, Cargill, Incorporated., AGRANA Starch, The Dutch Agricultural Development Trading Company BV, Psaltry International Limited, Visco Starch, Vaighai Agro, KPN Pharma, SPAC STARCH PRODUCTS (INDIA) LTD, Sanstar Bio - Polymers Ltd., Aryan International, Ng Wah International Development Limited, Thai Foods Product International Co., Ltd., and Asia Fructose Co., Ltd. are among the top companies in the global cassava starch market.
Cassava, also known as yucca or Brazilian arrowroot, is a starchy, nutty-flavored root vegetable that is native to South America. It is cultivated on large scale in various tropical and sub-tropical regions of the world. Cassava is rich in carbohydrates, calories, and fiber, and its edible root is the part most widely consumed. Cassava starch is produced by grinding the tuberous roots into a fine powder, which is used in a variety of foods including breads, cereals, confectionery, soups, gravies, and many gelatinized products. Besides its extensive usage in food products, cassava starch is widely used in animal feed. One of the specialties of cassava is that it is Nut-free and gluten-free source of starch, and is therefore in high demand among individuals with certain food allergies. Cassava is also a major source of nutrients such as Calcium, phosphorus, thiamine, Riboflavin, and fiber. However, it is highly recommended to consume cassava in moderation owing to presence of antinutrients such as phytate, saponins, and tannins that can lead to adverse health effects.
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Cassava Starch is expected to rise in the coming years.
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- Modified
- Native
Form Outlook (Revenue, USD Billion; 2018-2028)
- Liquid
- Dry
Nature Outlook (Revenue, USD Billion; 2018-2028)
- Organic
- Conventional
Application Outlook (Revenue, USD Billion; 2018-2028)
- Food Beverages
Bakery Confectionery
Snacks Cereals
Soups, Sauces Gravies
Functional Foods
Processed Foods
Beverages
Others
Industrial Applications
Pharmaceuticals
Cosmetics personal care
Pulp paper
Textiles
Others (adhesives, Detergents, cardboard, etc.)
Animal Feed
Poultry feed
Swine feed
Fish feed
Others
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Regional Outlook
For comprehensive understanding of market dynamics, the global Cassava Starch Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Cassava Starch Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Cassava Starch Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Cassava Starch Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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