The organic cassava starch global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Organic Cassava Starch Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The organic cassava starch market size has grown strongly in recent years. It will grow from $3.52 billion in 2023 to $3.70 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to growing preference for natural and organic ingredients, growing demand for gluten-free products, rising use of non-gmo products, growing demand of clean-labed products, and growing demand for convenience foods.
The organic cassava starch market size is expected to see strong growth in the next few years. It will grow to $4.61 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to increasing consumption of gluten-free alternatives, increasing demand for processed foods, increasing organic processed food products, increasing consumption of gluten-free products, and increasing consumer demand for transparency and naturalness in their food choices. Major trends in the forecast period include development of new processing technologies, technological advancements, development of organic products, new processing technologies, and expanding applications of organic cassava starch.
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Scope Of Organic Cassava Starch Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Organic Cassava Starch Market Overview
Market Drivers –
The growing demand for convenience foods is expected to propel the growth of the organic cassava starch market going forward. Convenience foods are pre-packaged or pre-prepared foods designed for quick and easy consumption with minimal preparation time and are typically ready-to-eat, catering to busy lifestyles. The growing demand for convenience foods is attributed to several factors, such as busy lifestyles, lack of time for cooking, and the desire for quick, easy meal solutions. Organic cassava starch is a valuable ingredient in the convenience food industry because it improves texture, stability, and shelf life while meeting the demands for healthier and allergen-free food options. For instance, in 2023, according to the United States Department of Agriculture, a US-based federal agency, the total value of US processed food products exported from the country increased to $36.59 billion in 2023, an increase of 1.7% compared to previous years. Therefore, the growing demand for convenience foods drives the organic cassava starch market.
Market Trends –
Major companies operating in the organic cassava starch market focus on developing innovative products, such as chemical-free organic cassava starch products, to cater to the increasing consumer demand for natural and sustainably produced food ingredients. Chemical-free organic cassava starch products are derived from the cassava root through processes that avoid using synthetic chemicals, pesticides, herbicides, or genetically modified organisms (GMOs) at any production stage. For instance, in May 2024, Tasuco Foods Co. Ltd., a Japan-based company that manufactures consumer staple products, introduced a wide range of organic tapioca starch and cassava flour products under the Tasukobrand at THAIFEX – ANUGA ASIA 2024. Tasuko organic cassava flour is made from 100% organic material and certified by Organic Thailand. The organic cassava starch is sourced from Thai farmers and designed to cater to health-conscious consumers. Also, it is a gentle, neutral-tasting flour ideal for gluten-free, grain-free, and nut-free recipes. It is a thickener in sauces and soups and is excellent for batters and coatings.
The organic cassava starch market covered in this report is segmented –
1) By Type: Modified Cassava, Native Cassava
2) By Form: Liquid, Dry
3) By End-User: Food Processing, Textile, Chemical And Pharmaceutical, Other End Users
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Regional Insights –
Asia-Pacific was the largest region in the organic cassava starch market in 2023. The regions covered in the organic cassava starch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the organic cassava starch market are Cargill Incorporated, Archer-Daniels-Midland Company, SPAC Starch Products , Ingredion Incorporated, Tereos, KPN Pharma Limited, Roquette Freres, Sanstar Bio, Agrana Beteiligungs-AG, Tate & Lyle PLC, Thai Wah Public Company Limited, Emsland Group, Psaltry International Company Limited, Sunrise International Inc., Ulrick and Short Ltd., Aryan Food Ingredients Limited , Kokos Natural, Good Scents Company , Eiamheng Tapioca Starch Industry Co. Ltd., Marroquin Organic International
Table of Contents
1. Executive Summary
2. Organic Cassava Starch Market Report Structure
3. Organic Cassava Starch Market Trends And Strategies
4. Organic Cassava Starch Market – Macro Economic Scenario
5. Organic Cassava Starch Market Size And Growth
…..
27. Organic Cassava Starch Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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