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The Asia Pacific cassava processing market is aided by the global market growth. The market is further expected to grow at a CAGR of 3.0% between 2024 and 2032.
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The Asia Pacific is among the most important regions for the market. The region is among the leading producers of cassava with countries like China, Japan, and Indonesia. These countries are importing huge volumes of the processed products such as cassava flour, starch, chips, and pellets. China is the top importer of cassava products globally. The Asia Pacific is the dominating region for both import and export of cassava products. The leading exporters of the products within the Asia Pacific region include Thailand, Vietnam, China, and Indonesia. The cassava production levels of Thailand and Indonesia in 2020 reached nearly 31 million tons and 20 million tons, respectively.
Cassava is a tropical plant whose different parts, including roots, leaves, and stem, can be transformed into a variety of food products. The starchy roots of cassava are a high energy source (carbohydrates) of various food crops, and they can be processed into cassava pellets, chips, flour as well as cassava starch. Most of the product is specifically eaten, and the rest is handled as starch, flour, pellets, chips, etc. Processing cassava helps eliminate the toxins, improves their resilience, decreases their weight, and increases their overall value. Processed cassava is widely used in a range of industries, including milk, fertilizer, paper and carton, cloth, medicine, glues, and adhesives.
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On the basis of product type, the Asia Pacific cassava processing market is divided into:
The product finds wide application in the following sectors:
Industrial applications are further divided into the following:
The major regions included in the market in the Asia Pacific are Indonesia, China, Thailand, Vietnam, Japan, and the Philippines, among others.
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The cassava processing industry in the Asia Pacific is propelled by its growing applications in the end-use industries. It is also extensively used in the textile industry as a stiffing agent and as a protective agent for improving the weaving efficiency of the thread. It may also be used in animal feed as a substitution for maize or barley.
The market for processed cassava is strongly influenced by its increased use in the food industry. Cassava flour is widely demanded to make bakery items such as cakes, biscuits, cookies as well as bread. Processed cassava is often used in the manufacture of confectioneries, including gums, sweets, and others. It can also be used as a thickener in soups, sauces, baby food, gravies, and others. The market for processed cassava has also been helped by its use as a binder for sausages and processed meats to ensure that the cassava does not dry. Also, it is used to produce cassava chips, shrimp sticks, cassava butter cakes, and cookie, among other items. The rapidly rising demand for HFCS and paper production is boosting the market growth.
The growing use of these end-products like confectioneries and bakery products, among others, is significantly impacting the development of the cassava processing market. In addition, various factors like population growth, growing middle class, urbanisation, and increasing consumption of processed food are providing an impetus to the Asia Pacific cassava processing market growth.
The report gives a detailed analysis of the following key players in the Asia Pacific cassava processing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Asia-Pacific
7 Opportunities and Challenges in the Market
8 Asia Pacific Cassava Processing Market Analysis
8.1 Key Industry Highlights
8.2 Asia Pacific Cassava Processing Historical Market (2018-2023)
8.3 Asia Pacific Cassava Processing Market Forecast (2024-2032)
8.4 Asia Pacific Cassava Processing Market by Product Type
8.4.1 Cassava Starch
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Cassava Flour
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Cassava Chips
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Cassava Derived Ethanol
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Asia Pacific Cassava Processing Market by Application
8.5.1 Food
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Feed
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Industrial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.3.3 Breakup by Type
8.5.3.3.1 Biodegradable Products
8.5.3.3.2 Biofuels
8.5.3.3.3 Papers
8.5.3.3.4 Textiles
8.5.3.3.5 Others
8.6 Asia Pacific Cassava Processing Market by Country
8.6.1 Indonesia
8.6.2 China
8.6.3 Thailand
8.6.4 Vietnam
8.6.5 Japan
8.6.6 Philippines
8.6.7 Others
9 Regional Analysis
9.1 Indonesia
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 China
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Thailand
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Vietnam
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Japan
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Philippines
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Ingredion Incorporated
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Cargill, Incorporated.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Archer-Daniels-Midland Company
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Siam Modified Starch Co., Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 SPAC Starch Products (India) Private Limited
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Sonish Starch Technology Co., Ltd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Eiamheng Tapioca Starch Industry Company Limited
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Agrideco Vietnam Co., Ltd.
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 PTT Public Company Limited
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Cassava Processing Market: Key Industry Highlights, 2018 and 2032
2. Asia Pacific Cassava Processing Historical Market: Breakup by Product Type (Million Tons), 2018-2023
3. Asia Pacific Cassava Processing Market Forecast: Breakup by Product Type (Million Tons), 2024-2032
4. Asia Pacific Cassava Processing Historical Market: Breakup by Application (Million Tons), 2018-2023
5. Asia Pacific Cassava Processing Market Forecast: Breakup by Application (Million Tons), 2024-2032
6. Asia Pacific Cassava Processing Historical Market: Breakup by Country (Million Tons), 2018-2023
7. Asia Pacific Cassava Processing Market Forecast: Breakup by Country (Million Tons), 2024-2032
8. Asia Pacific Cassava Processing Market Structure
The Asia Pacific market is projected to be supported by the global market, which grew at a CAGR of nearly 3% in the historical period of 2024-2032.
The major drivers of the market include increasing production capacities, rising demand in various food products, and health benefits of cassava.
The rising use of processed cassava in products like confectioneries and bakery and improvements in processing technologies are expected to be key trends of the market.
Indonesia, China, Thailand, Vietnam, Japan, and the Philippines, among others, are the leading countries in the market.
The major product types in the cassava processing market in the Asia Pacific include cassava starch, cassava flour, cassava chips, and cassava derived ethanol.
The leading applications of cassava processing in the market include food, feed, and industrial. Based on type, industrial applications are further divided into biodegradable products, biofuels, papers, and textiles, among others.
The leading players in the Asia Pacific cassava processing market are Ingredion Incorporated, Cargill, Incorporated., Archer-Daniels-Midland Company, Siam Modified Starch Co., Ltd., SPAC Starch Products (India) Private Limited, Sonish Starch Technology Co., Ltd., Eiamheng Tapioca Starch Industry Company Limited, Agrideco Vietnam Co., Ltd., and PTT Public Company Limited, among others.
The Asia Pacific cassava processing market is growing at a CAGR of 3% between 2024 and 2032. Aided by the rising applications of the products in the end-use industries, the industry is expected to witness a further growth in the forecast period of 2024-2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its product types, the Asia Pacific market for cassava processing can be segmented into cassava starch, cassava flour, cassava chips, and cassava derived ethanol. On the basis of application, the industry is divided into food, feed, and industrial sectors. The major regional markets for cassava processing are Indonesia, China, Thailand, Vietnam, Japan, and the Philippines, among others. The key players in the above industry include Ingredion Incorporated, Cargill, Incorporated, Archer-Daniels-Midland Company, Siam Modified Starch Co., Ltd., SPAC Starch Products (India) Private Limited, Sonish Starch Technology Co., Ltd., Eiamheng Tapioca Starch Industry Company Limited, Agrideco Vietnam Co., Ltd., and PTT Public Company Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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