Posted on 02 Apr 2019
According to a new report by EMR titled, ‘Global Cassava Starch Market Report and Forecast 2019-2024’, the global cassava starch market reached 6.8 million metric tons in 2018. It is further projected to see a modest growth between 2019-2024.
Starch is an essential carbohydrate for the human diet and is derived from agricultural raw materials like potatoes, wheat, maize, and others. It was first extracted by the Egyptians around 4000-3500 B.C. from wheat to be utilised as food and as binding fibres for the making of papyrus paper. Starches still find extensive application in both food and non-food application sectors. Cassava starch or tapioca is extracted from the cassava plant root. While they have similar properties to other starches, they are being preferred over other starches due to their simple and cost-effective small-scale manufacturing process.
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Cassava starch finds its leading application in sweeteners due to the growing health consciousness among the consumers. They are widely used as alternatives to sucrose in soft drinks, noodles, ice creams, and bakery and pastry products, among others. In confectioneries, they act as thickening, gelling, adhesive, glazing, and texture stabilizing agents, among other similar applications. Cassava starch controls the moisture, texture, consistency and shelf stability in both food and pharmaceuticals. It is also popular as a filler in the manufacturing process of animal feeds.
Cassava Starch also finds its application in non-food sectors like textile, paper, adhesives, pharmaceuticals, and others. It is favoured in these sectors due to their diverse beneficial qualities like clarity, high purity, neutrality of taste, superior thickening properties, excellent freeze-thaw stability, and viscosity. The high viscosity of cassava starch imbibes it with excellent binding properties, making it ideal for use in the adhesive industry. Cassava starch also finds its application in the textile industry as sizing and finishing agents as well as providing sharpness and durability to the colours of the fabric.
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Market Analysis by End-Use, Feedstock Types, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
TCS Tapioca Starch Industry Co. Ltd, Sunrise International, Inc, Sanguan Wongse Industries Co., Ltd, Thai Wah Public Co., Ltd., Archer-Daniels-Midland Company, Tereos S.A., Cargill Incorporated, and Ingredion Incorporated, among others are the major players in the global cassava starch market analysed by EMR. The report by EMR gives an in-depth insight into the latest developments amongst these key players, specifically looking into the expansions of capacity, plant turnarounds, and mergers and expansions.
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