Cassava represents the third most popular source of starch after corn and wheat and currently accounts for around 8% of the total global starch production. Cassava starch is produced predominantly by the wet milling of fresh cassava roots. In some Asian countries such as Thailand, it is also produced from dry cassava chips. During 2014-2018, the global cassava starch market grew at a CAGR of around 2% and is further expected to exhibit a stable growth during 2019-2024. The market is currently being driven by the enormous potential of cassava in industrial use. This report by Expert Market Research entitled “Cassava Starch Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the cassava starch market.
Historical market trends for the cassava starch industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global cassava starch market into the following regions – North America, South America, Asia-Pacific, Europe and the Middle East and Africa. Asia-Pacific represents the largest market with Thailand and Indonesia being the biggest markets within the region. Additionally, the report has analysed the global cassava starch market on the basis of end-use. Sweeteners represent the biggest market followed by fuel ethanol.
The value chain analysis of cassava starch has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the cassava starch industry has also been provided. Some of the key players in this market include TCS Tapioca, Eiamehang Tapioca, Sunrise International, PT Buda Starch & Sweetner, SPAC Tapioca, etc.
This report provides an exhaustive insight for setting-up and running a cassava starch processing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global cassava starch market?
- Which are the biggest markets (regions) for cassava starch?
- What are the key application areas for cassava starch?
- Who are the key manufacturers in the cassava starch market?
- What are the land and construction requirements to start a cassava starch processing plant?
- What are the machinery requirements to start a cassava starch processing plant?
- How is cassava starch priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a cassava starch processing plant?
- What are the running costs of a cassava starch processing plant?
- How much revenue can a cassava starch processing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants of the cassava starch industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.