Global Cassava Starch Market is estimated to be valued at USD 6.48 Bn in 2025 and is expected to reach USD 9.87 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 6.48 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
6.20% |
2032 Value Projection: |
USD 9.87 Bn |
The global cassava starch market has witnessed significant growth in recent years, driven by the increasing demand for natural and gluten-free ingredients in various industries such as food and beverages, pharmaceuticals, and paper. Cassava starch, derived from the root of the cassava plant, has emerged as a versatile and cost-effective alternative to traditional starches like corn and wheat. Its unique properties, including high viscosity, excellent clarity, and resistance to high temperatures, have made it a preferred choice for numerous applications. As consumer preferences shift towards healthier and more sustainable products, the cassava starch market is poised for further expansion, with key players focusing on product innovation, strategic partnerships, and geographical expansion to capitalize on the growing opportunities in this dynamic industry.
Market Dynamics
The global cassava starch market is influenced by several key factors that drive its growth, while also presenting certain challenges and opportunities. One of the primary drivers is the increasing demand for natural and clean-label ingredients in the food and beverage industry. Consumers are becoming more health-conscious and are seeking products that are free from artificial additives and allergens. Cassava starch, being gluten-free and non-GMO, aligns perfectly with this trend, driving its adoption in various food applications such as bakery, confectionery, and snacks. However, the market growth is somewhat restrained by the fluctuating prices of cassava roots, which are influenced by factors such as weather conditions, crop yields, and supply chain disruptions. Additionally, the competition from other alternative starches like potato and tapioca starch poses a challenge to the cassava starch market. Despite these restraints, the market presents significant opportunities for growth, particularly in emerging economies where cassava is widely cultivated.
Key Features of the Study
- This report provides in-depth analysis of the global cassava starch market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global cassava starch market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Cargill, Inc., Tate & Lyle PLC, Ingredion Incorporated, Archer Daniels Midland Company (ADM), Emsland Group, Roquette Freres, Grain Processing Corporation, AVEBE U.A., KMC (Kartoffelmelcentralen), Queen Starch, Sukhjit Starch & Chemicals Ltd., Thai Flour Industry Co., Ltd., Sambavanam Group, Tropicana Products, Inc., and Sunita Foods
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global cassava starch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cassava starch market
Market Segmentation
- Product Insights (Revenue, USD Bn, 2020 - 2032)
- Modified Starch
- Native Starch
- Sweetener
- Application Insights (Revenue, USD Bn, 2020 - 2032)
- Food & Beverage
- Animal Feed
- Pharmaceutical
- Personal Care & Cosmetics
- Paper & Textile
- Others
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Cargill, Inc.
- Tate & Lyle PLC
- Ingredion Incorporated
- Archer Daniels Midland Company (ADM)
- Emsland Group
- Roquette Freres
- Grain Processing Corporation
- AVEBE U.A.
- KMC (Kartoffelmelcentralen)
- Queen Starch
- Sukhjit Starch & Chemicals Ltd.
- Thai Flour Industry Co., Ltd.
- Sambavanam Group
- Tropicana Products, Inc.
- Sunita Foods