What is Global Cassava, Tapioca, and Sweet Potatoes Starch Market?
The Global Cassava, Tapioca, and Sweet Potatoes Starch Market is a comprehensive study of the worldwide production, consumption, and trade of these essential starches. Cassava, Tapioca, and Sweet Potatoes are all root vegetables that are rich in starch, a carbohydrate that is a vital energy source for humans. These starches are used in a variety of food products, from bread and pasta to cakes and cookies. They are also used in industrial applications, such as in the production of paper and textiles. The global market for these starches is vast and diverse, with producers and consumers spread across every continent. However, the market is not evenly distributed. Some regions, such as Asia and Africa, have a high demand for these starches due to their large populations and traditional diets that rely heavily on root vegetables. Other regions, such as Europe and North America, have a lower demand but are significant producers of these starches. The Global Cassava, Tapioca, and Sweet Potatoes Starch Market report provides a detailed analysis of this market, including its size, growth rate, key players, and future trends.
Cassava/Tapioca Starch, Sweet Potatoes Starch in the Global Cassava, Tapioca, and Sweet Potatoes Starch Market:
The Global Cassava, Tapioca, and Sweet Potatoes Starch Market is not just about the production and consumption of these starches. It also covers their use in various industries. For example, in the food and beverage industry, these starches are used as thickeners, stabilizers, and sweeteners. They are also used in the production of biofuels, a rapidly growing sector due to the increasing demand for renewable energy sources. In the textile industry, these starches are used in the production of fabrics and yarns. They are also used in the paper industry, where they are used as a coating agent to improve the quality of paper. The report provides a detailed analysis of the use of these starches in these and other industries, including their market share, growth rate, and future trends.
Industrial Use, Food and Beverage, Others in the Global Cassava, Tapioca, and Sweet Potatoes Starch Market:
The Global Cassava, Tapioca, and Sweet Potatoes Starch Market report provides a detailed outlook on the market. In 2022, the market was valued at US$ 4676 million. It is expected to reach US$ 6239.5 million by 2029, growing at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2029. The market is dominated by a few key players, who collectively hold a market share of over 20%. The largest market for these starches is in the Asia-Pacific region, which accounts for about 78% of the global market. North America and Europe follow, with market shares of 4% and 7% respectively. In terms of product type, Cassava/Tapioca Starch is the most popular, accounting for 90% of the market. Industrial use is the largest application of these starches, accounting for about 58% of the market.
Report Metric | Details |
Report Name | Cassava, Tapioca, and Sweet Potatoes Starch Market |
Accounted market size in 2023 | US$ 5171 million |
Forecasted market size in 2029 | US$ 6239.5 million |
CAGR | 3.2 |
Base Year | 2023 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Segment by Region |
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By Company | Nong Ken, Chol Charoen Group, Thai Wah, ROI ET Group, CP Intertrade, Thanawat Group, Banpong Tapioca, Bangkok Starch, Fococev, Vedan International, Liuxu Food, Henan Tianyu, Guang You, Shanxi Dongbao, Shandong Huaqiang, Baijia Food, SUNAS, Shandong Huamei, Dahai, Dangyang Longzhiquan |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |