Global Cassava Starch Market to Reach US$ 8.1 Billion by 2026

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Global Cassava Starch Market
Global Cassava Starch Market
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Global Cassava Starch Market
According to the latest report by Renub Research,
titled Cassava Starch Market, Consumption
Global Forecast by Type, Region, Applications,
Company Analysis the Global Cassava Starch
Market size reached US 7.7 Billion in 2020.
Traditionally starch around the globe is made
from arrowroot or sago palm. However, cassava is
a cheaper raw material and has tended to replace
these starches. The cassava plant is found in
equatorial regions between the Tropic of Cancer
and the Tropic of Capricorn. The starch procured
from the roots of the cassava plant is termed
cassava starch. Moreover, cassava starch, or
tapioca, is procured through the washing and
pulping of roots of cassava plants. The global
industrial application of cassava starch has a
tremendous diversity of its uses of cassava
starch. As an ingredient in several industries,
native and modified cassava starch has been
widely utilized. Indeed, cassava starch
consumption in industrial applications has been
more related to economics than any unique
functionality. In general, confectionery drinks
and processed food use cassava starch as a
thickener and stabilizer. Similarly, Corrugating
and Paper Making are significant users of starch.
Global Cassava Starch Market
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Global Cassava Starch Market
Global Cassava Starch Market
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Global Cassava Starch Market
Food Industries Holds Lion's Share in The
Market The food industries are amongst the most
significant users of starch and starch products.
Additionally, large quantities of starch are sold
in processed products sold in small packages for
household cooking. Bakery, cassava starch is used
in biscuit making to increase volume and
crispness. In addition, cassava starch is used in
sweetened and unsweetened biscuits and cream
sandwiches to soften the texture. Add taste and
render the biscuit non-stick. Apart from cassava
being utilized in the food industry, it is also
applied in feeding animals, confectionery
drinks, corrugating paper making, non-food and
pharmaceuticals chemicals. Application of
Cassava Starch in Confectioneries Principally,
cassava starch is used in the production of gums.
Pastes and other types of sweets are constituents
in making moulds or for dusting sweets to prevent
them from sticking together. In addition, starch
and modified starches are also used to
manufacture numerous candies, such as toffee,
hard and soft gums, jellybeans, boiled sweets
(hard candy), fondants and Turkish delight.
Global Cassava Starch Market
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Global Cassava Starch Market
Application of Cassava Starch in Animal
Feed Cassava being similar to feed grains
consists substantially wholly of starch and is
easy to ingest. The roots are, hence, eminently
suited to fostering young animals and fattening
pigs. Several feeding demonstrations have
revealed that cassava provides a good quality
carbohydrate that may supersede maize or barley.
In addition, cassava rations are especially
suitable for swine, dairy cattle and poultry.
Notwithstanding, cassava cannot be used as the
sole feedstuff because of its deficiency in
protein and vitamins. However, it must be
supplemented by other feeds that are rich in
these elements. In the global economy, the
highly developed compound animal-feed industry
uses dried cassava roots as an ingredient. Large
quantities of cassava chips, pellets and meals
are imported into these countries for this
purpose. Notwithstanding, in Brazil and many
parts of southeast Asia, large amounts of cassava
roots, stems and leaves are chopped and mixed
into silage to feed cattle and pigs. This use of
cassava is increasing.
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Global Cassava Starch Market
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Global Cassava Starch Market
Application of Cassava Starch in Corrugating and
Paper Manufacture One of the evolving users of
cassava is the corrugated cardboard industry for
the manufacture of cartons boxes and other
packing materials. The board layers are glued
mutually with a suspension of raw starch in a
solvent of the gelatinized form. The board is
clasped between hot rollers, which concerns a
gelatinization of the natural starch and results
in a robust bonding. Medium-quality flours are
fit for this tenacity, provided the pulp content
is not too high. Regional Prospects for Cassava
Starch Utilisation As per our analysis world,
cassava consumption is predominantly concentrated
in two regions, namely America and the Asia
Pacific. America is the region with immense
potential for cassava starch and witnessed the
fastest growth rate worldwide. The accelerated
expansion of the food and beverage sectors is a
notable pillar that drives the cassava starch
market across the region. The American region has
the largest gluten intolerance population, which
directly helps grow the market as cassava is
gluten-free.
Global Cassava Starch Market
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Global Cassava Starch Market
The manufacturers involved in the market are
profoundly employing such opportunities by
launching unique and innovative cassava starch
based-food and beverages in realms such as the
U.S., Canada, and Mexico to satisfy the demand
from the obese residents across the region. In
Asia-Pacific, cassava is utilized for direct
human consumption and most is processed for
chips/pellets and starch. Most of the utmost
starch products are intended for the food
processing, soft drinks and pharmaceutical
industries. Notably, the cassava starch industry
is most important and dynamic in Thailand,
Indonesia, China, India and Vietnam. Indonesia
has long traditions, producing cassava chips
(gaplek) for human consumption, exporting for
feed, and further processing into starch. Another
traditional cassava (sago) starch producer in
Asia- Pacific is India, principally for the
national market. Relative new entrants to the
Asian cassava starch industry are Vietnam and
China.
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Global Cassava Starch Market
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Global Cassava Starch Market
The Structure of Cassava Starch Industry is
Highly Fragmented and Consolidated The
evolution of several domestic and local players
in the global market is highly consolidated and
fragmented. The cassava starch companies are
capitalizing on strengthening the distribution
network, realizing cost reduction techniques, and
setting various cassava starch products in the
global marketplace. Private label and
region-dominant players such as Cargill, Midland
Company, Archer Daniels Tate Lyle have set
new criteria for innovation and development of
functional cassava starch with new formulations.
They are further encouraging natural ingredient
giants to scale up their product launches and
expand their product portfolios in the
foreseeable future. The unforeseen disruption of
the COVID-19 pandemic led to strict lockdown laws
across several nations following the temporary
closure of numerous end-use industries of cassava
starch, thereby negatively impacting the overall
market growth. Nevertheless, the constant
development of new products has facilitated the
starch industry's expansion and pandemic
recovery. The booming of the starch industry in
the doom appears to be very assuring, rendering
the variety of products and the advancement of
new products authorize them to compete with the
various substitutes.
Global Cassava Starch Market
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Global Cassava Starch Market
Market Summary Cassava Starch Market
Consumption - We have covered the market from two
vital points Products and Regions. By Products -
We have studied the market through Native Starch,
Modified Starch and Sweetenersexisting as
products in Global Cassava Starch Market. By
Region - We have covered the Global Cassava
Starch Market of Asia Pacific, Americas, Rest of
World. By Application - This report studies the
application of cassava starch in Processed Food,
Confectionery Drinks, Corrugating Paper
Making, Feed, Pharmaceuticals Chemicals,
Non-food.
Global Cassava Starch Market
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Global Cassava Starch Market
Global Cassava Starch Market
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Global Cassava Starch Market