Global Organic Cassava Starch Market 2024 - By Size, Drivers, Trends, Competitors

 

Overview and Scope

Organic cassava starch is a type of starch derived from cassava (Manihot esculenta) roots that is grown organically, without synthetic fertilizers, pesticides, or genetic modification. Cassava starch is extracted from the roots of the cassava plant by washing, grating, and separating the starch from the fibrous components. Organic cassava starch is commonly used as a thickener, stabilizer, or binder in food products such as soups, sauces, bakery items, and gluten-free products.

 

Sizing and Forecast

The organic cassava starch market size has grown strongly in recent years. It will grow from $3.52 billion in 2023 to $3.70 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%.  The  growth in the historic period can be attributed to growing preference for natural and organic ingredients, growing demand for gluten-free products, rising use of non-gmo products, growing demand of clean-labed products, and growing demand for convenience foods.

 

The organic cassava starch market size is expected to see strong growth in the next few years. It will grow to $4.61 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%.  The growth in the forecast period can be attributed to increasing consumption of gluten-free alternatives, increasing demand for processed foods, increasing organic processed food products, increasing consumption of gluten-free products, and increasing consumer demand for transparency and naturalness in their food choices. Major trends in the forecast period include development of new processing technologies, technological advancements, development of organic products, new processing technologies, and expanding applications of organic cassava starch.

 

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Segmentation & Regional Insights

The organic cassava starch  market covered in this report is segmented –

1) By Type: Modified Cassava, Native Cassava

2) By Form: Liquid, Dry

3) By End-User: Food Processing, Textile, Chemical And Pharmaceutical, Other End Users

 

Asia-Pacific was the largest region in the organic cassava starch market in 2023. The regions covered in the organic cassava starch  market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

 

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Major Driver Impacting Market Growth

The growing demand for convenience foods is expected to propel the growth of the organic cassava starch market going forward. Convenience foods are pre-packaged or pre-prepared foods designed for quick and easy consumption with minimal preparation time and are typically ready-to-eat, catering to busy lifestyles. The growing demand for convenience foods is attributed to several factors, such as busy lifestyles, lack of time for cooking, and the desire for quick, easy meal solutions. Organic cassava starch is a valuable ingredient in the convenience food industry because it improves texture, stability, and shelf life while meeting the demands for healthier and allergen-free food options. For instance, in 2023, according to the United States Department of Agriculture, a US-based federal agency, the total value of US processed food products exported from the country increased to $36.59 billion in 2023, an increase of 1.7% compared to previous years. Therefore, the growing demand for convenience foods drives the organic cassava starch market.

 

Key Industry Players

Major companies operating in the organic cassava starch  market are  Cargill Incorporated, Archer-Daniels-Midland Company, SPAC Starch Products , Ingredion Incorporated, Tereos, KPN Pharma Limited, Roquette Freres, Sanstar Bio, Agrana Beteiligungs-AG, Tate & Lyle PLC, Thai Wah Public Company Limited, Emsland Group, Psaltry International Company Limited, Sunrise International Inc., Ulrick and Short Ltd., Aryan Food Ingredients Limited , Kokos Natural, Good Scents Company , Eiamheng Tapioca Starch Industry Co. Ltd., Marroquin Organic International

 

The organic cassava starch market report table of contents includes:

1. Executive Summary

2. Organic Cassava Starch Market Characteristics

3. Organic Cassava Starch Market Trends And Strategies

4. Organic Cassava Starch Market - Macro Economic Scenario

5. Global Organic Cassava Starch Market Size and Growth

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32. Global Organic Cassava Starch Market Competitive Benchmarking

33. Global Organic Cassava Starch Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Organic Cassava Starch Market

35. Organic Cassava Starch Market Future Outlook and Potential Analysis

36. Appendix

 

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