Global Cassava Starch Market to Reach USD 8.1 Billion by 2033, Catalyzed by Thriving End-Use Sectors

December 02, 2024 | Food & Beverages

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According to a new study by IMARC Group, titled “Cassava Starch Market Report by End Use (Sweeteners, MSG/Lysine, Food Industries, Paper Industries, Modified Starch, Sago Pearl, Textile, and Others), and Region 2025-2033”, the global cassava starch market reached a value of USD 5.4 Billion in 2024. Cassava starch, also known as tapioca starch, refers to the flour produced from cassava roots. Its production requires a simple process which can be performed on a small-scale with limited capital. Characterized by a neutral taste, it is a gluten-free and non-allergenic product which comprises low amounts of saturated fat and sodium. Besides this, cassava starch also contains amylopectin and amylose, and is rich in calcium, iron, folate, manganese and carbohydrates. The presence of these nutrients, along with its properties like high-paste clarity and freeze-thaw stability, has created a high demand for cassava starch across various sectors.

Global Cassava Starch Market Trends:

As cassava starch is one of the most abundant sources of carbohydrates, it is widely used as a thickening agent in bakery and pastry products, yogurt, soups, noodles, ice creams, and soft drinks. Apart from this, it is employed in the paper industry owing to its water holding property and stable viscosity. It is also utilized for sizing, finishing and printing fabrics in the textile industry. Further, due to the numerous health benefits offered by cassava starch, like maintaining blood sugar levels, reducing cholesterol and preventing constipation, health-conscious consumers are preferring cassava starch over its substitutes. However, the price of cassava starch is higher in comparison with the alternatives, such as corn starch, which hinders the growth of the market. By 2033, the market value is anticipated to reach USD 8.1 Billion, exhibiting a CAGR of 4.6% during 2025-2033.

Market Summary:

On the basis of end-uses, the market has been categorized into sweeteners, MSG/lysine, food industries, paper industries, modified starch, sago pearl and textile. At present, cassava starch is majorly utilized in the production of sweeteners owing to its neutral taste and thickening property.
On the geographical front, Asia represents the largest producer of cassava starch and accounts for the majority of the total market share. Other major markets include Africa, Latin America and Others.
The competitive landscape of the market has been examined with the profiles of major players operating in the market. Some of the leading players are TCS Tapioca, Eiamheng Tapioca, Sunrise International, PT Buda Starch & Sweetener and Sharp SPAC Tapioca.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million Tons, Billion USD
Segment Coverage	End-Use, Region
Region Covered	Production (Asia, Africa, Latin America, Others), Consumption (China, Indonesia, Malaysia, Japan, Philippines, Others)
Companies Covered	TCS Tapioca, Eiamheng Tapioca, Sunrise International, PT Buda Starch & Sweetener and Sharp SPAC Tapioca
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Cassava Starch Market to Reach USD 8.1 Billion by 2033, Catalyzed by Thriving End-Use Sectors

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