Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.08 Billion | USD 13.08 Billion | 9.93% | 2024 |
FrequentlyAsked Questions
Cassava starch, also known as tapioca starch or tapioca flour, is a white, powdery substance extracted from the root of the cassava plant (Manihot esculenta). Cassava is a tropical root crop widely cultivated in many parts of the world, particularly in Africa, Asia, and South America.
The global cassava starch market is expected to grow due to demand in food processing, biodegradable packaging, and industrial applications due to its affordability and versatility.
According to a study, the global cassava starch market size was worth around USD 5.08 Billion in 2024 and is expected to reach USD 13.08 Billion by 2034.
The global cassava starch market is expected to grow at a CAGR of 9.93% during the forecast period.
Asia-Pacific is expected to dominate the cassava starch market over the forecast period.
Leading players in the global cassava starch market include ADM, Tate & Lyle, Cargill, Incorporated, Ingredion, AGRANA Beteiligungs-AG, Visco Starch, Global Sweeteners Holdings Ltd, Psaltry International Company Limited, Ekta International, Chorchaiwat Industry Co. Ltd., Matna Foods Ltd., KengSeng group of company, SPAC Starch Products (India) Ltd and Viet Delta, among others., among others.
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