GVR Report cover Cassava Starch Market Size, Share & Trends Report

Cassava Starch Market Size, Share & Trends Analysis Report By Product (Modified Starch, Native Starch), By Application (Food & Beverage, Pharmaceutical), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-4-68040-494-0
  • Number of Report Pages: 80
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2023
  • Forecast Period: 2024 - 2030 
  • Industry: Consumer Goods

Cassava Starch Market Size & Trends

The global cassava starch market size was estimated at USD 5.45 billion in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030. One of the primary drivers is the increased demand for convenience foods. As urbanization accelerates and lifestyles become busier, consumers seek quick and easy meal solutions. Cassava starch is an essential ingredient in various processed foods, including ready-to-eat meals, sauces, and instant soups, due to its binding, thickening, and stabilizing properties. This trend towards convenience foods significantly contributes to expanding the cassava starch industry, as manufacturers incorporate it to enhance product quality and appeal.

Cassava Starch Market Size, By Product, 2020 - 2030 (USD Billion)

Another crucial factor is the growing awareness of gluten intolerance and celiac disease, which has led to a surge in demand for gluten-free products. Cassava starch is naturally gluten-free, making it a preferred choice for producing gluten-free alternatives such as bread, pasta, and baked goods. This shift towards healthier dietary options aligns with consumer desires for products catering to specific dietary restrictions without compromising taste or texture. The increasing prevalence of gluten-related disorders has further solidified cassava starch's position in the market as a vital ingredient for those seeking gluten-free solutions.

The expansion of the food processing industry also plays a significant role in driving cassava starch consumption. In regions where cassava is a staple crop, such as Asia Pacific and Africa, the food processing sector is growing rapidly. Cassava starch is utilized in various products such as noodles, snacks, and bakery items, enhancing their texture and quality. The versatility of cassava starch makes it an attractive option for food manufacturers looking to innovate and meet diverse consumer demands. This growth in food processing not only increases the demand for cassava starch but also encourages investments in production capabilities.

The growing emphasis on sustainable practices in manufacturing has led the paper industry to seek eco-friendly alternatives to traditional materials. Cassava starch is renewable and biodegradable, which aligns with the industry's shift towards reducing environmental impact. Paper manufacturers can promote their commitment to sustainability by incorporating cassava starch into their products, appealing to environmentally conscious consumers and businesses. This trend not only helps reduce reliance on synthetic additives but also supports the development of biodegradable packaging solutions.

Cassava starch is emerging as a substitute for traditional grain-based starches like corn and wheat. Its competitive pricing and excellent thickening properties make it an appealing alternative in various applications within the food processing industry. For example, in sauces, soups, and gravies, cassava starch provides an effective and cost-efficient solution that meets the needs of manufacturers looking for reliable ingredients. This trend towards substituting grain-based starches with cassava starch is expected to continue driving market growth as more companies recognize its benefits.

One of the significant challenges for the cassava starch industry is the price volatility of raw materials. The cost of cassava roots can fluctuate due to several factors, including weather conditions, pest infestations, and market demand. Such fluctuations can impact the production costs of cassava starch, making it difficult for manufacturers to maintain consistent pricing and profitability. The growing incidences of pests and diseases substantially threaten cassava yields and quality. Diseases such as cassava mosaic disease and cassava brown streak disease can severely affect crop health, reducing production levels.

Product Insights

Modified cassava starch was the most significant product category for the market in 2023, with a revenue of USD 2.54 billion. The growth of modified cassava starch over other product types, mainly native starch, is driven by its enhanced functional properties that cater to various applications across multiple industries. The enhancements in modified cassava starch allow it to perform better in food applications where texture, viscosity, and stability are critical, such as in sauces, puddings, and baked goods. The ability to form stable gels and provide superior thickening and binding capabilities makes modified cassava starch particularly attractive for food manufacturers looking to improve product quality while meeting consumer demands for clean-label ingredients.

The increasing demand for convenience foods drives the growth of cassava starch in the food and beverage industry. As urbanization and busy lifestyles become more prevalent, consumers seek quick and easy meal solutions that do not compromise quality. Cassava starch serves as a vital ingredient in processed foods, offering binding, thickening, and stabilizing properties that enhance the texture and shelf life of products such as sauces, soups, baked goods, and instant meals. This versatility makes cassava starch an attractive option for food manufacturers looking to meet consumer demands for ready-to-eat and convenient food options, thus propelling its market growth.

The market for cassava starch as a sweetener is expected to grow at a CAGR of 6% from 2024 to 2030. The demand for cassava starch as a sweetener is significantly driven by its health benefits and suitability for various dietary needs. Cassava starch has a low glycemic index, making it an attractive option for diabetic consumers who need to manage their blood sugar levels effectively. This characteristic allows cassava-based sweeteners to provide a healthier alternative to traditional sugars, appealing to a growing demographic of health-conscious individuals. In addition, cassava starch is naturally gluten-free, which enhances its appeal among consumers with gluten sensitivities or those following gluten-free diets. As awareness of these health benefits increases, more food manufacturers are incorporating cassava starch sweeteners into their products to cater to these dietary trends. Another key driver is the rising popularity of clean-label products in the food and beverage industry. Consumers are increasingly seeking natural ingredients that are minimally processed and free from artificial additives. Cassava starch fits well into this trend as it is derived from a natural source and can be marketed as a wholesome ingredient.

Application Insights

Food & beverage was the most extensive application for cassava starch in 2023 and accounted for a market revenue of USD 2.34 billion. One of the primary drivers is the increased demand for gluten-free alternatives. As awareness of gluten intolerance and celiac disease rises, consumers are actively seeking gluten-free products. Cassava starch, being naturally gluten-free, serves as an ideal ingredient in various food items, including baked goods, snacks, and sauces. Its ability to mimic the texture and functionality of traditional wheat-based ingredients allows manufacturers to create appealing gluten-free options that do not compromise on taste or quality. This trend is particularly pronounced in regions such as North America, where a significant portion of the population is sensitive to gluten, further propelling the demand for cassava starch in the F&B sector.

The paper & textile industry is a large consumer of cassava starch and is expected to reach a market value of USD 2.53 billion by 2030. Cassava starch is highly valued in the paper industry for its excellent binding and coating properties. It is used as a sizing agent to enhance paper products' strength, surface quality, and printability. In addition, cassava starch is utilized in various stages of paper manufacturing, including wet-end additives, tub sizing, and surface coating. Its versatility extends to the textile industry, where it is primarily employed in sizing processes to strengthen yarns and improve fabric quality. Another significant driver for adopting cassava starch in these industries is its sustainable and biodegradable nature. As environmental concerns grow, there is an increasing demand for eco-friendly materials that can replace synthetic alternatives. Cassava starch is a renewable resource that can be used as a biodegradable adhesive in paper products and as a natural sizing agent in textiles. Its ability to decompose naturally aligns with the global push toward sustainability, making it an attractive option for manufacturers looking to reduce their environmental footprint.

Cassava Starch Market Share, By Application, 2023 (%)

The demand for cassava starch in the personal care & cosmetic industry has grown significantly in the past few years. The growing consumer preference for eco-friendly and hypoallergenic ingredients in personal care products is a significant driver. As awareness of sustainability increases, many consumers opt for products made with natural, biodegradable ingredients. Cassava starch aligns perfectly with this trend due to its renewable nature and minimal environmental impact. It is also hypoallergenic, making it suitable for sensitive skin types, which broadens its appeal across diverse consumer segments. The incorporation of cassava starch into personal care formulations not only meets the demand for safe and effective products but also supports brands in their efforts to promote sustainability and transparency in ingredient sourcing. 

Regional Insights

The North America cassava starch market was valued at USD 1.09 billion in 2023. The increasing demand for gluten-free and clean-label products primarily drives the growth of the market in North America. With a significant portion of the population experiencing gluten intolerance or celiac disease, there is a rising consumer preference for gluten-free alternatives, positioning cassava starch as a key ingredient in various food applications, including baked goods, snacks, and sauces. In addition, the trend toward natural ingredients has led manufacturers to seek out cassava starch as a versatile and functional alternative to synthetic additives.

U.S. Cassava Starch Market Trends

The U.S. cassava starch market is expected to grow at a CAGR of 5.7% from 2024 to 2030. The growing popularity of convenience foods contributes significantly to the demand for cassava starch in the U.S. As lifestyles become busier, consumers increasingly seek ready-to-eat and processed food options that require versatile ingredients like cassava starch to enhance texture and improve shelf life. The versatility of cassava starch allows it to serve multiple functions in food formulations, making it a valuable ingredient for manufacturers aiming to create high-quality, convenient products. In addition, innovations in processing techniques and product development are enabling manufacturers to explore new applications for cassava starch across various sectors, including personal care and pharmaceuticals, further bolstering its market growth in the United States.

Cassava Starch Market Trends, by Region, 2024 - 2030

Asia Pacific Cassava Starch Market Trends

Asia Pacific cassava starch market held the largest revenue share globally in 2023 and accounted for the revenue share of 57.3%. The growth of the market in Asia is primarily driven by the increasing demand for convenience foods and functional ingredients across various sectors, including food and beverages, pharmaceuticals, and textiles. As urbanization continues to rise in countries like China and India, there is a notable shift towards ready-to-eat and processed foods that require versatile ingredients like cassava starch for thickening, binding, and stabilizing. In addition, the region's agricultural solid base supports abundant cassava production, making it a cost-effective raw material. The rising consumer awareness of health and nutrition also fuels the demand for gluten-free products, where cassava starch is a preferred alternative due to its natural properties and functionality. Furthermore, innovations in processing technologies and a growing focus on sustainable practices enhance the attractiveness of cassava starch in meeting the evolving needs of consumers and manufacturers alike in the Asian market. 

Key Cassava Starch Company Insights

Key manufacturers include Cargill Incorporated, Tate & Lyle, Ingredion, and AGRANA Starch, which are recognized for their extensive product portfolios and strong product networks. These companies leverage their expertise in food science and technology to develop high-quality cassava starch products for various applications, including food and beverages, pharmaceuticals, and industrial uses. Their focus on research and development, along with strategic partnerships, enables them to enhance product offerings and meet the evolving demands of consumers for natural and gluten-free ingredients.

Key Cassava Starch Companies:

The following are the leading companies in the cassava starch market. These companies collectively hold the largest market share and dictate industry trends.

  • Tate & Lyle
  • Cargill, Incorporated
  • Ingredion
  • AGRANA Starch
  • Psaltry International Limited
  • KPN Pharma Co., Ltd.
  • Visco Starch
  • SPAC Starch Products Ltd.
  • Vaighai Agro
  • Ekta International
  • Aryan International
  • Sanstar Bio-Polymers Ltd.
  • Asia Fructose Co., Ltd.
  • Thai Foods Product International Co., Ltd.
  • Ng Wah International Development Limited

Cassava Starch Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 5.77 billion

Revenue forecast in 2030

USD 8.14 billion

Growth rate (Revenue)

CAGR of 5.9% from 2024 to 2030

Actuals

2018 - 2023

Forecast period

2024 - 2030

Quantitative units

Revenue in USD billion/million and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, application, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

U.S, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, Australia & New Zealand, South Korea, Brazil, Saudi Arabia

Key companies profiled

DADTCO Rivers Cassava Processing Company; Psaltry International; PT Agromoda Solution Indonesia; Green Hills Natural Foods; MHOGO Foods; Mocaf Factory; Cargill; Archer Daniels Midland Company (ADM); Grain Millers, Inc.; Tereos Group; Thai Wah Public Company Limited; Roquette Frères; Emsland Group; Ingredion Incorporated; Otto's Naturals

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

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Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Cassava Starch Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global cassava starch market report based on product, application, and region:

Global Cassava Starch Market Report Segmentation

  • Application Outlook (Revenue, USD Billion, 2018 - 2030)

    • Food & Beverage

    • Animal Feed

    • Pharmaceutical

    • Personal Care & Cosmetics

    • Paper & Textile

  • Product Outlook (Revenue, USD Billion, 2018 - 2030)

    • Modified Starch

    • Native Starch

    • Sweetener

  • Regional Outlook (Revenue, USD Billion, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • Australia & New Zealand

      • South Korea

    • Central & South America

      • Brazil

    • Middle East & Africa

      • Saudi Arabia

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