The Organic Cassava Starch Market is Predict to reach USD 3.7 Billion by 2031, at a CAGR of 3.8%

10-Aug-2024 | Report Format: Electronic (PDF)

Organic Cassava Starch Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Organic Cassava Starch Market size is expected to reach $3.7 billion by 2031, rising at a market growth of 3.8% CAGR during the forecast period. In the year 2023, the market attained a volume of 207,602.6 tonnes experiencing a growth of 16.4% (2020-2023).

Organic cassava starch, or tapioca starch, is derived from the cassava root (Manihot esculenta). Cassava is a tropical crop widely grown for its starchy, tuberous roots. It is a staple food in many parts of the world, particularly in tropical regions of Asia, Africa, and Latin America. Organic cassava starch is valued for its versatile applications across various industries due to its functional properties and nutritional benefits. Organic cassava starch is widely used as a thickening agent in food products such as soups, sauces, gravies, and puddings.

Organic Cassava Starch Market Size - By Region

The Native segment led the Global Organic Cassava Starch Market by Type in 2023; thereby, achieving a market value of $2.2 Billion by 2031. There is a growing consumer demand for natural and clean-label products. Native organic cassava starch fits this trend as it is minimally processed, retaining its natural properties without chemical modifications or additives.

The Food Processing segment is growing at a CAGR of 3.1 % during the forecast period. Organic cassava starch is a multifunctional ingredient in food processing, offering excellent thickening, binding, and stabilizing properties. It enhances texture, viscosity, and mouthfeel in various food products, including baked goods, sauces, soups, dairy products, and snacks.

Full Report: https://www.kbvresearch.com/organic-cassava-starch-market/

The Asia Pacific region dominated the Global Organic Cassava Starch Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.4 Billion by 2031. The North America region is anticipated to grow at a CAGR of 3.2% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 3.4% during (2024 - 2031).