Reports

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Asia Pacific Cassava Processing Market: By Product Type: Cassava Starch, Cassava Flour, Cassava Chips, Cassava Derived Ethanol; By Application: Food, Feed, Industrial; By Country: Indonesia, China, Thailand, Vietnam, Japan, Philippines, Others; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Key Investment Opportunities; Competitive Landscape & Supplier Analysis; Capital Investment; Operating Expenditures; Project Economics; Events and Developments; Case Studies

Asia Pacific Cassava Processing Market Outlook

The Asia Pacific cassava processing market is aided by the global market growth. The global cassava processing market reached a volume of nearly 261 million tons in 2019, growing at a CAGR of 3% between 2015 and 2019. The global market is further expected to witness a healthy growth in the forecast period of 2020-2025 to reach a volume of 335 million tons. In the Asia Pacific, the total cassava production reached a volume of about 88 million tons in 2019.

The Asia Pacific is among the most important regions for the market. The region is among the leading producers of cassava with countries like China, Japan, and Indonesia. These countries are importing huge volumes of the processed products such as cassava flour, starch, chips, and pellets. China is the top importer of cassava products globally. The Asia Pacific is the dominating region for both import and export of cassava products. The leading exporters of the products within the Asia Pacific region include Thailand, Vietnam, China, and Indonesia. The cassava production levels of Thailand and Indonesia in 2019 reached nearly 31 million tons and 20 million tons, respectively.

 

Properties and Applications

Cassava is a tropical plant whose different parts, including roots, leaves, and stem, can be transformed into a variety of food products. The starchy roots of cassava are a high energy source (carbohydrates) of various food crops, and they can be processed into cassava pellets, chips, flour as well as cassava starch. Most of the product is specifically eaten, and the rest is handled as starch, flour, pellets, chips, etc. Processing cassava helps eliminate the toxins, improves their resilience, decreases their weight, and increases their overall value. Processed cassava is widely used in a range of industries, including milk, fertilizer, paper and carton, cloth, medicine, glues, and adhesives.

On the basis of product type, the Asia Pacific cassava processing market is divided into:

  • Cassava Starch
  • Cassava Flour
  • Cassava Chips
  • Cassava Derived Ethanol

The product finds wide application in the following sectors:

  • Food
  • Feed
  • Industrial

Industrial applications are further divided into the following:

  • Biodegradable Products
  • Biofuels
  • Papers
  • Textiles
  • Others

The major regions included in the market in the Asia Pacific are Indonesia, China, Thailand, Vietnam, Japan, and the Philippines, among others.

 

Market Analysis

The cassava processing industry in the Asia Pacific is propelled by its growing applications in the end-use industries. It is also extensively used in the textile industry as a stiffing agent and as a protective agent for improving the weaving efficiency of the thread. It may also be used in animal feed as a substitution for maize or barley.

The market for processed cassava is strongly influenced by its increased use in the food industry. Cassava flour is widely demanded to make bakery items such as cakes, biscuits, cookies as well as bread. Processed cassava is often used in the manufacture of confectioneries, including gums, sweets, and others. It can also be used as a thickener in soups, sauces, baby food, gravies, and others. The market for processed cassava has also been helped by its use as a binder for sausages and processed meats to ensure that the cassava does not dry. Also, it is used to produce cassava chips, shrimp sticks, cassava butter cakes, and cookie, among other items. The rapidly rising demand for HFCS and paper production is boosting the market growth.

The growing use of these end-products like confectioneries and bakery products, among others, is significantly impacting the development of the cassava processing market. In addition, various factors like population growth, growing middle class, urbanisation, and increasing consumption of processed food are providing an impetus to the Asia Pacific cassava processing market growth.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the Asia Pacific cassava processing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Ingredion Incorporated
  • Siam Quality Starch Co., Ltd.
  • SPAC Starch Products (India) Limited 
  • Sonish Starch Technology Co., Ltd.
  • Eiamheng Tapioca Starch Industry Company Limited
  • PT Sinar Pematang Mulia
  • Agrideco Vietnam Co., Ltd.
  • Bangchak Corporation Public Company Limited
  • Nigerian Starch Mills Limited (NSM Foods)
  • PTT Public Company Limited
  • Avani Eco
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Cassava Processing Market Analysis
    6.1    Global Cassava Historical Historical Market (2015-2019) & Forecast (2020-2025)
    6.2    Global Processed Cassava Historical Market (2015-2019) & Forecast (2020-2025)
    6.3    Global Processed Cassava Market by Product Type
        6.3.1    Cassava Starch
        6.3.2    Cassava Flour
        6.3.3    Cassava Chips
        6.3.4    Cassava Derived Ethanol
    6.4    Global Processed Cassava Market by Application: Historical Market (2015-2019) & Forecast (2020-2025)
        6.4.1    Food
        6.4.2    Feed
        6.4.3    Industrial
            6.4.3.1    Biodegradable Products
            6.4.3.2    Biofuels
            6.4.3.3    Papers
            6.4.3.4    Textiles
            6.4.3.5    Others
7    Asia Pacific Cassava Processing Market Analysis
    7.1    Asia Pacific Cassava Historical Market (2015-2019) & Forecast (2020-2025)
    7.2    Asia Pacific Processed Cassava Historical Market (2015-2019) & Forecast (2020-2025)
    7.3    Asia Pacific Processed Cassava Market by Product Type
        7.3.1    Cassava Starch
        7.3.2    Cassava Flour
        7.3.3    Cassava Chips
        7.3.4    Cassava Derived Ethanol
    7.4    Asia Pacific Processed Cassava Market by Application: Historical Market (2015-2019) & Forecast (2020-2025)
        7.4.1    Food
        7.4.2    Feed
        7.4.3    Industrial
            7.4.3.1    Biodegradable Products
            7.4.3.2    Biofuels
            7.4.3.3    Papers
            7.4.3.4    Textiles
            7.4.3.5    Others
    7.5    Asia Pacific Processed Cassava Market by Country: Historical Market (2015-2019) & Forecast (2020-2025)
        7.5.1    Indonesia
        7.5.2    China
        7.5.3    Thailand
        7.5.4    Vietnam
        7.5.5    Japan
        7.5.6    Philippines
        7.5.7    Others
    7.6    Asia Pacific Processed Cassava Market by Product Type: Historical Market (2015-2019) & Forecast (2020-2025)
        7.6.1    Cassava Starch
            7.6.1.1    Market by Country
            7.6.1.2    Market by Application
        7.6.2    Cassava Flour
            7.6.2.1    Market by Country
            7.6.2.2    Market by Application
        7.6.3    Cassava Chips
            7.6.3.1    Market by Country
            7.6.3.2    Market by Application
        7.6.4    Cassava derived Ethanol
            7.6.4.1    Market by Country
            7.6.4.2    Market by Application
    7.7    Trade Data Analysis
        7.7.1    Major Exporting Countries: By Value and Volume
        7.7.2    Major Importing Countries: By Value and Volume
8    Key Investment Opportunities
    8.1    Global Biofuel Market Outlook
        8.1.1    Figure: Global Biofuel Historical Market (2015-2019) and Forecast (2020-2025)
        8.1.2    Chart: Global Biofuel Market Breakup by Product Type
            8.1.2.1    Biodiesel
            8.1.2.2    Ethanol
        8.1.3    Chart: Global Biofuel Market Breakup by Country
        8.1.4    SWOT Analysis
            8.1.4.1    Overview
            8.1.4.2    Strengths
            8.1.4.3    Weaknesses
            8.1.4.4    Opportunities
            8.1.4.5    Threats
        8.1.5    Porter’s Five Forces Analysis
        8.1.6    EMR’s Key indicators for Demand
        8.1.7    EMR’s Key indicators for Price
    8.2    Asia Pacific Biofuel Market Outlook
        8.2.1    Figure: Asia Pacific Biofuel Historical Market (2015-2019) and Forecast (2020-2025)
        8.2.2    Chart: Asia Pacific Biofuel Market Breakup by Product Type
            8.2.2.1    Biodiesel
            8.2.2.2    Ethanol
        8.2.3    Chart: Asia Pacific Biofuel Market Breakup by Country
        8.2.4    SWOT Analysis
            8.2.4.1    Overview
            8.2.4.2    Strengths
            8.2.4.3    Weaknesses
            8.2.4.4    Opportunities
            8.2.4.5    Threats
        8.2.5    Porter’s Five Forces Analysis
        8.2.6    EMR’s Key indicators for Demand
        8.2.7    EMR’s Key indicators for Price
    8.3    Global Biodegradable Plastics Market Outlook
        8.3.1    Figure: Global Biodegradable Plastics Historical Market (2015-2019) and Forecast (2020-2025)
        8.3.2    Chart: Global Biodegradable Plastics Market Breakup by Country
        8.3.3    SWOT Analysis
            8.3.3.1    Overview
            8.3.3.2    Strengths
            8.3.3.3    Weaknesses
            8.3.3.4    Opportunities
            8.3.3.5    Threats
        8.3.4    Porter’s Five Forces Analysis
        8.3.5    EMR’s Key indicators for Demand
        8.3.6    EMR’s Key indicators for Price
    8.4    Asia Pacific Biodegradable Plastics Market Outlook
        8.4.1    Figure: Asia Pacific Biodegradable Plastics Historical Market (2015-2019) and Forecast (2020-2025)
        8.4.2    Chart: Asia Pacific Biodegradable Plastics Market Breakup by Country
        8.4.3    SWOT Analysis
            8.4.3.1    Overview
            8.4.3.2    Strengths
            8.4.3.3    Weaknesses
            8.4.3.4    Opportunities
            8.4.3.5    Threats
        8.4.4    Porter’s Five Forces Analysis
        8.4.5    EMR’s Key Indicators for Demand
        8.4.6    EMR’s Key Indicators for Price
9    Competitive Landscape & Supplier Analysis
    9.1    Ingredion Incorporated
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Siam Quality Starch Co., Ltd.
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    SPAC Starch Products (India) Limited 
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Sonish Starch Technology Co., Ltd.
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Eiamheng Tapioca Starch Industry Company Limited
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    PT Sinar Pematang Mulia
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Agrideco Vietnam Co., Ltd.
        9.7.1    Company Overview
        9.7.2    Financial Analysis
    9.8    Bangchak Corporation Public Company Limited
        9.8.1    Company Overview
        9.8.2    Financial Analysis
    9.9    Nigerian Starch Mills Limited (NSM Foods)
        9.9.1    Company Overview
        9.9.2    Financial Analysis
    9.10    PTT Public Company Limited
        9.10.1    Company Overview
        9.10.2    Financial Analysis
    9.11    Avani Eco
        9.11.1    Company Overview
        9.11.2    Financial Analysis
    9.12    Others
10    Setting Up a Cassava Processing Plant
    10.1    Key Success and Risk Factors for Processing Cassava
    10.2    Products Manufactured
    10.3    Value Chain Analysis
    10.4    Manufacturing Process Involved
    10.5    Process Flow
    10.6    Raw Material Requirements and Mass Balance
11    Capital Investment
    11.1    Land Requirements and Investment
    11.2    Construction Requirements and Investment
    11.3    Plant Layout
    11.4    Machinery Requirements and Investment
    11.5    Other Capital Requirements and Investment
12    Operating Expenditures
    12.1    Raw Material Requirements and Expenditures
    12.2    Packaging Requirements and Costs
    12.3    Labour Requirements and Costs
    12.4    Transportation Requirements and Costs
    12.5    Utility Requirements and Costs
    12.6    Financial Support
    12.7    Other Operating Expenditures
13    Project Economics
    13.1    Techno-Economic Parameters
    13.2    Product Pricing and Margins
    13.3    Income Projections
    13.4    Expenditure Projections
    13.5    Taxation
    13.6    Depreciation
    13.7    Financial Analysis
14    Events and Developments
15    Case Studies

Key Questions Answered in the Report

The Asia Pacific cassava processing market is likely to be aided by the global market, which reached a volume of nearly 261 million tons in 2019.

The Asia Pacific market is projected to be supported by the global market, which grew at a CAGR of nearly 3% in the historical period of 2015-2019.

The global market is estimated to reach a volume of about 335 million tons by 2025, further propelling the growth of the industry in the Asia Pacific.

The major drivers of the industry include rising disposable incomes, increasing population, rising urbanisation, and the increased applications in the end-use industries.

The rising use of processed products in end-products like confectioneries and bakery products, among others is expected to be a key trend guiding the growth of the industry.

Indonesia, China, Thailand, Vietnam, Japan, and the Philippines, among others, are the leading regions in the market.

The major product types in the industry include starch, flour, chips, and cassava derived ethanol.

The leading application sectors in the industry include food, feed, and industrial. Industrial applications are further divided into biodegradable products, biofuels, papers, and textiles, among others.

The leading players in the market are Ingredion Incorporated, Siam Quality Starch Co., Ltd., SPAC Starch Products (India) Limited, Sonish Starch Technology Co., Ltd., Eiamheng Tapioca Starch Industry Company Limited, PT Sinar Pematang Mulia, Agrideco Vietnam Co., Ltd., Bangchak Corporation Public Company Limited, Nigerian Starch Mills Limited (NSM Foods), PTT Public Company Limited, and Avani Eco, among others.

Analyst Review

The Asia Pacific cassava processing market is likely to be supported by the global industry, which reached a volume of nearly 259.57 million tons in 2019, growing at a CAGR of 3% between 2015 and 2019. Aided by the rising applications of the products in the end-use industries, the industry is expected to witness a further growth in the forecast period of 2020-2025.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its product types, the Asia Pacific market for cassava processing can be segmented into cassava starch, cassava flour, cassava chips, and cassava derived ethanol. On the basis of application, the industry is divided into food, feed, and industrial sectors. The major regional markets for cassava processing are Indonesia, China, Thailand, Vietnam, Japan, and the Philippines, among others. The key players in the above industry include Ingredion Incorporated, Siam Quality Starch Co., Ltd., SPAC Starch Products (India) Limited, Sonish Starch Technology Co., Ltd., Eiamheng Tapioca Starch Industry Company Limited, PT Sinar Pematang Mulia, Agrideco Vietnam Co., Ltd., Bangchak Corporation Public Company Limited, Nigerian Starch Mills Limited (NSM Foods), PTT Public Company Limited, and Avani Eco, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1099
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER