The global Cassava Starch Market is positioned for significant and sustained expansion, propelled by its versatile applications across numerous industries, particularly in the rapidly evolving food and manufacturing sectors. As a key carbohydrate source and a gluten-free alternative, cassava starch is becoming indispensable in modern industrial formulations, underpinning its high growth forecast.
Market Overview Of cassava starch market
Cassava starch, also commonly known as tapioca starch, is extracted from the roots of the cassava plant. Its primary advantages—high purity, excellent binding capabilities, and neutral taste—make it a preferred thickening, binding, and gelling agent over traditional cereal starches. The market is increasingly influenced by the clean label trend, where consumers and manufacturers seek natural, non-GMO ingredients.
The global cassava starch market size was valued at USD 5.50 billion in 2024. The market is expected to continue its upward trajectory, reaching USD 8.38 billion by 2032, achieving a healthy Compound Annual Growth Rate (CAGR) of 5.40% during the forecast period. This growth is largely attributed to the robust demand from the food processing industry (as a texture modifier) and the paper and textile industries (as a sizing and binding agent).
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Clear Data Forecast: Focus on 2025
The short-term outlook confirms the market’s immediate momentum. Based on the 5.40% CAGR projected for the forecast period, the global cassava starch market is expected to achieve a market size of approximately USD 5.80 billion by the end of 2025.
This near-term growth figure demonstrates the strong, foundational demand across key regions, especially in Asia-Pacific, which is both the largest producer and consumer due to high domestic consumption and advanced industrial manufacturing bases in countries like Thailand, Indonesia, and Vietnam. The 2025 forecast highlights that the shift toward natural, affordable, and functional ingredients is accelerating worldwide.
Segmentation Analysis Of cassava starch market
The cassava starch market is segmented primarily by product type, application, and end-user. The composition of these segments reveals where the highest value and growth opportunities lie.
1. Segmentation by Product Type:
2. Segmentation by Application (End-User):
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Key Players Of cassava starch market
The global cassava starch market features a highly competitive landscape with strong regional players dominating the supply chain and major international corporations focusing on modified starch production. Competition revolves around price, quality, and the ability to meet large-scale industrial demands consistently.
Key Players that are central to the global supply chain and innovation include:
These companies are actively investing in R&D to develop specialty and chemically modified starches, thus optimizing them for high-value industrial uses and maintaining competitive advantage.
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Outlook
The outlook for the global cassava starch market is exceptionally bright, with a firm 5.40% CAGR projecting a market valuation of USD 8.38 billion by 2032. The near-term forecast of USD 5.80 billion in 2025 signals robust health in the sector. Driven by its superior functional properties, its role as a key component in gluten-free products, and rising industrial demand for cost-effective Industrial starches, cassava starch is set to become an even more vital commodity in the global food and manufacturing ecosystem over the next decade.
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