Global Cassava Starch Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

Cassava Starch Market Trends

Sustainable packaging using cassava starch is trending, meeting consumer demand for eco-friendly alternatives globally.

A significant trend in the cassava starch industry is the increasing adoption of sustainable packaging solutions. In view of the current environmental sentiments of customers, biodegradable and eco-friendly substitutes for plastics are what everyone is looking forward to. Cassava starch, therefore, as a renewable raw material, is emerging in the manufacture of bioplastics, thereby shaping new trends in the cassava starch market. This trend is closely connected with consumer demand for a sustainable option and meets the social responsibility goals of companies wishing to be environmentally friendly. The development of eco-conscious consumerism is driving innovation in cassava-based packaging solutions across the world.

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Industry News

January 2021

Tate & Lyle has broadened its starch range based on tapioca with the introduction of new thickening and gelling starches: REZISTA MAX, BRIOGEL. According to details, new products enhanced process tolerance, mouthfeel, fluidity, and texture, suitable for all kinds of applications across the dairy, soups, sauces, and confectionery industries.

February 2021

Bioversity International and CIAT, CIRAD (French Agricultural Research Centre for International Development), and the University of Valle and the National University-Palmira Campus have launched the first online catalogue of cassava from Cauca, Colombia.

Historical Market Analysis

Climatic and pest-related changes have made crop yields unpredictable in the past, while fluctuating raw material prices were another challenge in the market for cassava starch. In response to these issues, some major players in this market had invested in research and development for improved crop resilience and sustainable agricultural practices, enhancing the growth of cassava starch market. Strategic partnerships with local farmers on source stability were also developed to ensure improved supply chain efficiency. They easily overwhelmed risks by expanding their offerings and specialising in quality control and, through these, came to be established well in the market.

Opportunities in the Cassava Starch Market

Growing demand for cassava starch in pharmaceuticals presents significant opportunities for market players to innovate.

The growing use of cassava starch in the pharmaceutical sector seems a significant growth opportunity for market players. With increasing demand in the pharmaceutical industry for natural excipients, cassava starch is going to play a key role in pharmaceutical formulation and delivery systems. Companies can focus on developing niche higher-grade cassava starch products meeting pharmaceutical specifications, opening up new cassava starch market opportunities. Moreover, as the industry moves towards additive alternatives from synthetic to natural ingredients, sustainable strategies demand cassava starch to stand on an important pedestal for companies searching for natural solutions in manufacturing.

Market Dynamics

Cassava starch demand grows due to the rising sweeteners market, driven by health concerns and urbanisation.

Cassava starch finds almost one-third of its global application in the sweeteners industry. The artificial sweeteners market is seeing a healthy growth over the last few years due to the increasing number of diabetes occurrences leading to a greater concern about health among the consumers. Thus, the growth of the artificial sweeteners market is supporting new cassava starch market dynamics and trends.

The Asia Pacific is a leading producer in the market. Africa and Latin America are the other major producers. Growing urbanisation along with mounting household incomes and rising working population in emerging countries India and China are aiding the market.

Growth Drivers

Rising interest in bioplastics drives cassava starch demand as sustainable packaging solutions gain popularity.

Increasing interest in bioplastics is a distinctive driver for the cassava starch industry. As the concern for the environment continues to rise, companies are turning towards cassava starch as a sustainable source of bio-plastics packaging materials. "Tereos" is one such cassava-based bioplastic the company is developing for the present concern of conscious consumers and businesses. This trend supports not just the sustainability goal but also boosts cassava starch demand, thus increasing the demand for such products as industries seek alternatives to the traditional use of plastics. Such is the versatility of cassava starch in this regard and shows how innovation and growth can be promoted.

Market Restraints

Climate change and pests threaten cassava crop yields, impacting supply and market stability.

One of the significant challenges in the market is crop susceptibility to climatic and pest attacks. While weather variability, droughts, and flooding may affect yields as well as quality, infestations by pests have led to crop loss and thus interfere with supply chain and push up prices. These factors may risk increasing the variances in quality and availability that producing companies face to meet standards, hence challenging the growth process in the market, leading to cassava starch market challenges. Such agrarian problems have to be mitigated in order to ensure uninterrupted cassava starch supply.

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Cassava Starch Industry Segmentation

Cassava Starch Market Share

By End Use Analysis

Cassava starch demand is driven by its diverse applications in food, paper, and textiles.

The diverse end-use applications of cassava starch in all sectors have significantly boosted its demand. For the food industry, cassava starch is used as a thickener and binder in sauce and snack products and the gluten-free line that has been growing in response to consumer demand for healthy food options. In the paper sector, it improves strength and quality, while in textiles, it enhances the finishing of fabrics. As per cassava starch market analysis, production of sweeteners and modified starches also increases the extent of its market attraction. Such applications, both varied and vast, speak to different uses of cassava starch with which it has initiated higher demand throughout different markets.

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Cassava Starch Market Regional Insights

North America Cassava Starch Market Opportunities

A notable opportunity in the North America cassava starch market is the rising trend of plant-based diets. As more people become vegetarians and vegans and look for products that can replace both meat and dairy, cassava starch has emerged as a versatile ingredient for a host of food products such as meat alternatives and dairy alternatives. Companies like "Beyond Meat" are now looking to cassava starch as a further extension of their plant-based products, as far as texture and mouthfeel in innovative plant-based solutions are concerned. This wave is supporting markets and product lines that continue to expand.

Europe Cassava Starch Market Dynamics

A prominent factor driving the Europe cassava starch market is the increasing regulations towards food safety and quality standards. Manufacturers are more compelled towards transparent practices and high-quality standards in their cassava starch products due to stricter regulations on labelling and sourcing of ingredients. This influences innovation because companies are investing in the most modern techniques in processing and sourcing that fulfil their regulatory requirements. This compliance with such standards also contributes to elevating consumer confidence. This nudges the brands to focus on the purity and safety of the cassava starch sold in the market.

Asia Pacific Cassava Starch Market Trends

A trend that is seen in the Asia Pacific cassava starch market is that there is increased awareness for functional cassava starches, especially the modified starch, for use in convenient foods. These would help improve the texture, stability, and shelf life of these ready-to-eat meals and snacks. The demand for convenient food will, therefore, spur innovations among manufacturers to put even more products with modified cassava starches into the markets, further spur growth in the region.

Latin America Cassava Starch Market Insights

A relevant insight for the Latin America cassava starch market is the growing trend towards clean-label products. Consumers are becoming increasingly health-conscious, and thus, they start to look for natural ingredients without excessive processing in food products. This trend also led manufacturers to focus on developing the case for the use of cassava starch as a versatile and gluten-free alternative that enhances texture and stability in various applications. Thus, the clean-label trend provides brands with a means to draw in the more health-conscious consumer, in turn propelling growth for the cassava starch segment.

Middle East and Africa Cassava Starch Market Drivers

A specific driver of the cassava starch market in the Middle East and Africa is the rising application of cassava starch in traditional cooking and local foodstuffs. Being included by the food manufacturing industry into traditional dishes for better texture and stability, it is gaining acceptance for its culinary purposes. This trend supports local agriculture but also caters to regional preferences for familiar flavours and textures, which fosters a much stronger connection between modern food innovations and traditional culinary practices in the region.

Competitive Landscape

Cassava starch market players are focusing upon the quality of product and innovation to meet the varying requirements of consumers. They are creating a sustainable and environmentally friendly pattern of sourcing and also increasing their portfolios of products to include modified and functional starches. Cassava starch companies are making technological improvements in the efficiency and performance of products processed. These players are targeting further enhancement of their market position by catering to the increasing demand for natural and flexible ingredients in food, pharmaceutical, and industrial sectors.

TCS Tapioca Starch Industry Co. Ltd.

TCS Tapioca Starch Industry Co. Ltd. was founded in 1993 and is based in Thailand. Its main products are their high-grade starch-based products, such as its cassava starch, used globally for food, paper, and textiles. Their starches retain great viscosity with stability; they cater to both their domestic and international markets while focusing on sustainability.

Sunrise International, Inc

Sunrise International, Inc is a company that has been in existence since the year 1996 and resides in the USA....

Sanguan Wongse Industries Co., Ltd

anguan Wongse Industries Co., Ltd is a manufacturing firm established in 1973 and in Thailand, which stands as...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other cassava starch market players include Archer-Daniels-Midland Company, among others.

Recent Developments

May 2024

The ICAR-Central Tuber Crops Research Institute (CTCRI) in Thiruvananthapuram, India has begun a ₹4 crore research project to develop novel tapioca varieties with waxy or high-amylose starches, useful to industry, through the powerful tool of CRISPR-Cas9 genome editing technology.

August 2024

Roquette adds four new tapioca-based cook-up starches - CLEARAM TR 2010, TR 2510, TR 3010, and TR 4010 - to its texturizing solutions. These starches contribute high viscosity, consistency, and elasticity to sauces, dairy desserts, yoghourt, and bakery fillings.