Tapioca starch has gained immense popularity as one of the imperative calorie source, after maize and rice, in tropical regions such as Asia, Latin America, and Africa. Broad agro-ecological adaptability and ability of cassava plant to produce larger yields, at affordable investments, has further facilitated meeting rising demand for tapioca starch among end-use industries. Widespread applicability of tapioca starch across myriad industries, ranging from food & beverages to animal feed, will continue to underpin growth of the tapioca starch market.
Inherent properties of tapioca starch enable its utilization as an alternative to some leading starches in the world, including corn and potato starch. Tapioca starch continue to prevail as a hidden ingredient in the global supply chain, as most consumers are unaware of their daily interaction & consumption of this cassava extract. Emerging applications in infant formulas and baby food products, coupled with innovation-driven efforts of major producers, is expected to fuel future growth of the tapioca starch market.
A new Fact.MR study envisages the tapioca extract market to exhibit an impressive 6.1% value CAGR over the period of forecast (2018-2028). Over 18,400,000 tons of tapioca starch are likely to be sold worldwide by 2028-end.
Tapioca Starch Market: Growth Driven by Product Innovations in Line with Green Label Trend
As the popularity of tapioca starch represents a surge, manufacturers are introducing innovations with regard to processing techniques and packaging methods. Additionally, new recipes involving tapioca starch have been gaining momentum worldwide recently. Following the suit of changing consumption patterns of consumers, novel packaging designs are viewed by manufacturers as a key sales strategy to modern customers, who are becoming more aware about product labelling and opting for clean-label products. This is further expected to significantly influence growth of the tapioca starch market in the forthcoming years.
Food manufacturers are experimenting ways for delivering different snacks including tapioca starch, to compete with corn and potato starch-based snacks that have an established presence. Consumer preference for clean-label products, along with quality & taste, in combination with this cassava extract’s ability to serve as an effective alternative to modified starches employed in processed food products, will continue to be significant growth determinants for the tapioca starch market.
Tapioca Starch Market: Challenges in Replacing Common Flours & Toxic Risk of Cyanide Confining Growth
Albeit theoretical implications of cassava flour’s ability to completely replace its wheat counterpart, practical limits have been witnessed while determining levels of substitution regarding the same. This has inhibited the use of tapioca starch in convenience food products, such as cakes, biscuits, and breads, where wheat flour has held pervasive dominance. Such irreplaceable applications of wheat flour in the processed and packaged food industry is likely to remain a key challenge for tapioca starch market stakeholders.
Commercially available tapioca starch, considered third most imperative food source across tropical regions, is generally deemed as safe for human consumption by the FDA. However, poor processing methods employed have led to remnants of leaves & roots’ traces, which contain “linamarin” that further triggers cyanide production. Improper processing methods used for tapioca starch have resulted in numerous cyanide-associated health issues, including nerve-damaging ailments and goitre, especially in malnourished individuals. Chronic toxic effects of cyanide, coupled with surplus alternatives to tapioca starch, has been limiting growth of the tapioca starch market.
Cultivated by economically-challenged upland farmers, cassava is produced as a secondary refuge crop. Despite vital importance and robust penetration in the food and nutrition industry, cassava roots are yet ignored in the field of R&D, while facing low priority among national governments. Unawareness among consumers with regard to their daily consumption of tapioca starch has been the primary backing factor responsible for ignorance in modern applications of this cassava extract. Additionally, the tapioca starch market has prevailed off radar, in terms of private sector investments. This has further confined the scope of innovation in the tapioca starch market beyond the processing industry.
Tapioca Starch Market: Application in Infant Nutrition & Baby Foods Emerging as a Key Trend
Tapioca starch has witnessed extensive adoption as bodying agent in a plethora of commercially available baby food products and infant nutritional supplements. Gluten-free, organic tapioca starch has witnessed high consumption from individuals affected from celiac disease. Uptake of female working population, which has driven demand for infant formulas, will further compliment expansion of the tapioca starch market in the upcoming years.
This cassava extract represents robust consumption as “superfood” in countries such as India, in light of its associated health benefits. Besides enriched with carbohydrates, tapioca starch is rich in minerals, such as calcium and iron, essential for maintaining bone and blood health. Additionally, tapioca pearls witness high consumption on account of their traits including blood pressure regulation, and constipation & indigestion prevention. Health benefits such as these will continue to drive popularity of this cassava extract, and fuel future growth of the tapioca starch.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
Fact.MR offers a detailed and an all-inclusive study on the tapioca starch market in its recently published report. The report imparts an impact analysis on different important factors expected to affect expansion of the tapioca starch market during the forecast period (2018-2028).
The report is an exhaustive take on the tapioca starch market’s performance, and exerts in-depth insights on key drivers pushing sales of the tapioca starch. Opportunities that can be leveraged by tapioca starch producers, and lucrative trends influencing growth of the tapioca starch market have also been engulfed in the report.
Tapioca starch is a starch gleaned from cassava roots in the form of powder, flour, or hard white grains. With low content of protein, vitamin, and mineral, and rich in carbohydrates, tapioca starch has been extensively used in the food industry as an additive as well as a staple food. Prominent application of tapioca starch as a stabilizing or thickening agent in the food industry for the preparation of sauces, puddings, soups, and meat products will continue to drive growth of the tapioca starch market.
Sought-after among consumers as a carbohydrate-rich and gluten-free diet, tapioca balls or pearls have gained immense popularity in recent years, in tandem with the upward trend of healthy food consumption. Moreover, growth of the tapioca starch market is considerably influenced by shifting consumer preference from roots to value-added, processed and non-perishable food products.
Tapioca starch is also used for the production of packaged snacks such as chips, with added flavors, in Europe and few countries of Latin America. Furthermore, attributes of tapioca starch are being explored by the scientific community for its use as a permissible feedstock in the production of biofuels.
Tapioca Starch Market: Coherent Report Structure
For facilitate understanding of the different aspects of the tapioca starch market, the report is divided into different chapters, each presenting deep insights on the tapioca starch market based on the market segmentation. Dedicated chapters on the source, form, application, function, and region, provide important information on these segments across the various assessed regional tapioca starch markets.
For all these segments, the report tracks the key market metrics and also highlights the market attractiveness, which quantifies the segmental insights presented in this report on the tapioca starch market. A comprehensive executive summary succinctly captures the highlights presented in this extensive study on the tapioca starch market.
The chapter provides information on the tapioca starch market valuation, market growth push and pull factors, top segments in terms of valuation, and key regional markets to focus on. The executive summary captures the essential aspects of the tapioca starch market in a nutshell and serves as a valuable first-level reference point for readers.
Tapioca Starch Market: Regional Analysis
A few key chapters of the report present the regional insights on tapioca starch across the top geographies in the world. These chapters include an assessment of the various regional factors driving the adoption of tapioca starch in various countries.
Regional market share of tapioca starch along with year on year growth projections and capacity analysis is also highlighted in these chapters. Each regional chapter tracks the performance of the tapioca starch market in the respective region with a focus on the growth of each market segment across the top countries of the region.
Tapioca Starch Market: Detailed Competitive Assessment
One of the most prominent offerings of the report is detailed analysis on the current market structure of the tapioca starch market. This chapter throws light on the top companies leading the tapioca starch market. Detailed information pertaining to company and business overview, current market share, growth strategies, and other key metrics pertaining to these companies is provided in this chapter.
A comprehensive SWOT analysis of key market players adds more value to the basic understanding of the dominant and second-in-line players operating in the tapioca starch market. This chapter is useful for both established companies as well as market entrants and has been included with an objective to provide a comprehensive picture of the tapioca starch market from a competition standpoint.
A robust research approach is adhered by analysts at Fact.MR to evaluate key industry dynamics for offering precise & authentic market intelligence. An intrinsic blend of primary and secondary research is implemented to issue estimates as well as forecasts on the tapioca starch market.
Initial phase of the research involves the secondary research, where analysts have conducted extensive information mining, referring to up-to-date & verified data resources including technical journals, government & regulatory published material, and latest independent studies that form the base for the tapioca starch market estimates.
All the market estimates & forecast propounded have further been verified by using an exhaustive primary research, where interviews have been conducted with the leading market participants as well as industry experts. Such brief primary interviews help to validate information procured, thereby aiding to gain significant industry estimations, insights, and key developments.
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