Global Cassava Starch Market is Expected to Cross 10 Million Tons by 2024 - Assessment of Key Opportunities, 2019 - ResearchAndMarkets.com

The "Cassava
Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's
offering.

The global cassava starch market reached a production volume of more
than 8 Million Tons in 2018, registering a CAGR of 4.73% during
2011-2018. The market volume is further projected to cross 10 Million
Tons by 2024, at a CAGR of 3.76% during 2019-2024.

Market Drivers

Being a rich source of carbohydrates, cassava starch is used as a major
ingredient in a number of food products. The global food industry is
currently growing at a rapid pace due to urbanization, expanding working
population and rising household incomes, especially in the emerging
nations like India and China. This is has led to an increase in the
demand for ready-to-eat food products which has stimulated the growth of
the cassava starch industry.

Earlier, the usage of cassava starch was largely confined to food
applications, however, owing to its easy availability, it is also being
utilized for non-food applications like manufacturing pharmaceuticals,
adhesives, papers, etc. Growth in these end-use industries is providing
a thrust to the market growth.

In the textile industry, cassava starch is used for sizing, finishing
and printing due to its flexibility, resistance to abrasion and the
ability to form a bond with the fiber. In finishing, cassava starch is
utilized to cover blemishes or defects and provide a finishing look to
the end product. Increasing westernization is fueling the growth of the
textile industry, in turn, boosting the cassava starch market.

The growing health consciousness along with the rising cases of diabetes
have stimulated the demand for artificial sweeteners across the globe.
The increasing demand for these sweeteners is expected to drive the
cassava starch market in the coming years.

Breakup by End-Use

Based on end-use, the report finds that the sweeteners industry accounts
for the majority of the total market share. Cassava starch is highly
preferred for the production of sweeteners as a result of its high level
of purity, excellent texture, thickening properties and neutral taste.
It is followed by MSG/lysine, food industries, paper industries,
modified starch, sago pearl and textile.

Regional Insights

On a geographical front, Asia Pacific represents the largest producer of
cassava starch, holding around three-fourths of the total share. Cassava
starch is comparatively cheaper and occupies agriculturally marginal
areas due to which economically backward farmers are able to cultivate
the crop. Asia Pacific is followed by Africa, Latin America and Others.

Competitive Landscape:

The competitive landscape of the cassava starch industry is fragmented
in nature due to the presence of numerous small and large players. Some
of the leading players operating in the market are:

• TCS Tapioca
• Eiamehang Tapioca
• Sunrise International
• PT Buda Starch & Sweetener
• SPAC Tapioca

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Cassava Industry

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Region

5.4 Market Breakup by End-Use

5.5 Market Forecast

6 Global Starch Industry

6.1 Market Overview

6.2 Market Performance

6.3 Market Breakup by Region

6.4 Market Breakup by Feedstock

6.5 Market Breakup by End-Use

6.6 Market Forecast

7 Global Cassava Starch Industry

7.1 Market Overview

7.2 Market Performance

7.3 Price Trends

7.4 Market Breakup by Region

7.5 Market Breakup by End-Use

7.6 Market Forecast

7.7 SWOT Analysis

7.8 Value Chain Analysis

7.9 Porter's Five Forces Analysis

7.10 Key Market Drivers and Success Factors

8 Performance of Key Regions

8.1 Production

8.2 Consumption

9 Market by End-Use

9.1 Sweeteners

9.2 MSG/Lysine

9.3 Food Industries

9.4 Paper Industries

9.5 Modified Starch

9.6 Sago Pearl

9.7 Textile

9.8 Others

10 Competitive Landscape

11 Cassava Starch Manufacturing Process

11.1 Product Overview

11.2 Detailed Process Flow

11.3 Various Types of Unit Operations Involved

11.4 Mass Balance and Raw Material Requirements

12 Project Details, Requirements and Costs Involved

12.1 Land Requirements and Expenditures

12.2 Construction Requirements and Expenditures

12.3 Plant Machinery

12.4 Raw Material Requirements and Expenditures

12.5 Packaging Requirements and Expenditures

12.6 Transportation Requirements and Expenditures

12.7 Utility Requirements and Expenditures

12.8 Manpower Requirements and Expenditures

12.9 Other Capital Investments

13 Loans and Financial Assistance

14 Project Economics

14.1 Capital Cost of the Project

14.2 Techno-Economic Parameters

14.3 Product Pricing and Margins Across Various Levels of the Supply
Chain

14.4 Taxation and Depreciation

14.5 Income Projections

14.6 Expenditure Projections

14.7 Financial Analysis

14.8 Profit Analysis

15 Key Player Profiles

15.1 TCS Tapioca

15.2 Eiamheng Tapioca

15.3 Sunrise International

15.4 PT Buda Starch & Sweetener

15.5 Sharp SPAC Tapioca

For more information about this report visit https://www.researchandmarkets.com/research/vvg9jf/global_cassava?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20190226005819/en/