Global Cassava Modified Starch Market By Function (Thickeners, Stabilizers, Binders, Emulsifiers, Others), Application (Food & Beverages, Animal Feed, Industrial), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Cassava Modified Starch Market
The cassava modified starch market is expected to witness market growth at a rate of 4.70% in the forecast period of 2022 to 2029. Data Bridge Market Research report on cassava modified starch market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of cassava modified starch market.
Cassava starch, or tapioca, refers to the type of food product that is procured from cassava roots through the process of washing and pulping. The food product is known to be rich in iron, carbohydrates, manganese, folate and calcium. Cassava is relatively cheap raw material that contains high concentration of starch.
The increase in demand for ready-to-eat snack foods across the globe acts as one of the major factors driving the growth of cassava modified starch market. The rise in demand for the starch owning to the numerous advantages such as high level of purity, neutral taste, and excellent thickening characteristics accelerate the market growth. The increase in the use for various applications in diverse industries such as fuel, textile, food, beverage, sweeteners and paper, and growth in functional food products further influence the market. Additionally, change in lifestyle, growth in health consciousness, rapid urbanization and surge in demand for clean label positively affect the cassava modified starch market. Furthermore, rise in functional food application extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, higher cost associated with the natural additives is expected to obstruct the market growth. The stringent regulations are projected to challenge the cassava modified starch market in the forecast period of 2022-2029.
This cassava modified starch market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cassava modified starch market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cassava Modified Starch Market Scope and Market Size
The cassava modified starch market is segmented on the basis of function and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of function, the cassava modified starch market is segmented into thickeners, stabilizers, binders, emulsifiers and others.
- On the basis of application, the cassava modified starch market is segmented into food & beverage, animal feed and industrial. The food & beverage is further divided into bakery & confectionary products, beverages, processed food and other food & beverages applications. Animal feed segment is divided into swine feed, ruminant feed, poultry feed and other animal feed applications.
Cassava Modified Starch Market Country Level Analysis
The cassava modified starch market is analyzed and market size, volume information is provided by country, function and application as referenced above.
The countries covered in the global cassava modified starch market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the cassava modified starch market because of the innovation and developments of new products within the region. Asia-Pacific is expected to witness growth during the forecast period of 2022 to 2029 due to the rapidly developing technology in the region.
The country section of the cassava modified starch market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cassava Modified Starch Market Share Analysis
The cassava modified starch market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cassava modified starch market.
Some of the major players operating in the cassava modified starch market report are Cargill, Incorporated, Venus Starch Suppliers, Premier Starch Products Pvt.Ltd, Angel Starch And Food Private Limited., Tate & Lyle, Cargill, Incorporated, Ingredion Incorporated, AGRANA Beteiligungs-AG, Devex, Visco Starch, Vaighai Agro, Aryan International., Psaltry International Limited, Ekta International, Chorchaiwat Industry CO.,LTD, Lentus Foods & Agro Ltd, Matna Foods Ltd., Psaltry International Limited, KengSeng group of company, Tapioca Vietnam, SPAC Starch Products (India) Ltd, ADM, and Chaiwat Industry Company Limited, among others.
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