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Cassava Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global cassava starch market size reached US$ 4.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.2 Billion by 2027, exhibiting a growth rate (CAGR) of 4.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Cassava starch, also known as tapioca, is a fine, white crystalline flour procured from fresh cassava roots through pulping and washing. It is a good source of amylopectin, amylose, iron, folate, manganese, carbohydrates, and calcium, which supports gut health and facilitates blood sugar management. It also contains vitamin C that promotes immune function and collagen production. As it is a gluten-free and non-allergenic product comprising low amounts of saturated fat and sodium, cassava starch finds extensive applications across various industry verticals.

Cassava Starch Market Trends:

Rapid urbanization, inflating disposable income, and expanding working population are catalyzing the demand for ready-to-eat (RTE) food products. This represents one of the key factors positively influencing the market. Cassava starch is used as a thickening agent in bakery products, yogurt, soups, noodles, ice creams, and soft drinks. Apart from this, its increasing utilization in the pulp and paper industry to improve pulp utilization and paper quality and production rate is contributing to the market growth. The widespread adoption of cassava starch in pharmaceutical industries to formulate specific medicines is also creating a positive outlook for the market. Additionally, cassava starch is extensively used in the textile industry for sizing, finishing, and printing due to its flexibility, abrasion resistance, and ability to form a bond with the fiber. It also helps cover blemishes or defects and provides the finishing look to a final product. Along with this, the rising awareness among individuals about the health benefits offered by cassava starch is offering lucrative growth opportunities to manufacturers. Furthermore, the growing adoption of biofuels in automobiles on account of the implementation of stringent government regulations for minimizing carbon emissions of vehicles is promoting the usage of cassava starch in ethanol production.

Key Market Segmentation: 

IMARC Group provides an analysis of the key trends in each sub-segment of the global cassava starch market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on end-use.

Breakup by End-Use:

  • Sweeteners
  • MSG/Lysine
  • Food Industries
  • Paper Industries
  • Modified Starch 
  • Sago Pearl
  • Textile
  • Others


Cassava starch is extensively used in the production of sweeteners on account of its neutral taste and thickening property. These sweeteners offer a high level of purity and excellent texture to sweet dishes.

Breakup by Region:

  • Production
    • Asia 
    • Africa
    • Latin America
    • Others
  • Consumption 
    • China
    • Indonesia
    • Malaysia
    • Japan
    • Philippines
    • Others
       

The Asia exhibits a clear dominance in the market due to the growing population, rising demand for bakery, confectionery, and snack items among consumers, and the expanding application of cassava starch in various industries of the region.

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
  • Eiamheng Tapioca
  • Sunrise International
  • PT Buda Starch & Sweetener
  • Sharp SPAC Tapioca


This report provides a deep insight into the global cassava starch industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a cassava starch manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the cassava starch industry in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units Million Tons, US$ Billion
Segment Coverage End-Use, Region
Region Covered Production (Asia, Africa, Latin America, Others), Consumption (China, Indonesia, Malaysia, Japan, Philippines, Others)
Companies Covered TCS Tapioca, Eiamheng Tapioca, Sunrise International, PT Buda Starch & Sweetener and Sharp SPAC Tapioca
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1  Preface
2  Scope and Methodology

   2.1    Objectives of the Study
   2.2    Stakeholders
   2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
   2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
   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 
       6.4.1    Corn
       6.4.2    Wheat
       6.4.3    Cassava
       6.4.4    Others
   6.5    Market Breakup by End-Use
   6.6    Market Forecast
7  Global Cassava Starch Industry
   7.1    Market Overview
   7.2    Market Performance
       7.2.1 Volume Trends
       7.2.2 Value Trends
   7.3    Price Trends
   7.4    Impact of COVID-19   
   7.5    Market Breakup by Region
   7.6    Market Breakup by End-Use
   7.7    Market Forecast
   7.8    SWOT Analysis
       7.8.1    Overview
       7.8.2    Strengths
       7.8.3    Weaknesses
       7.8.4    Opportunities
       7.8.5    Threats
   7.9    Value Chain Analysis
        7.9.1 Raw Material Suppliers
        7.9.2 Processors
        7.9.3 Distributors
        7.9.4 Exporters
        7.9.5 End-Users
   7.10    Porter’s Five Forces Analysis
       7.10.1 Overview
       7.10.2 Bargaining Power of Buyers
       7.10.3 Bargaining Power of Suppliers
       7.10.4 Degree of Competition
       7.10.5 Threat of New Entrants
       7.10.6 Threat of Substitutes
   7.11    Key Market Drivers and Success Factors
8  Performance of Key Regions
   8.1    Production
       8.1.1 Asia 
         8.1.1.1 Market Trends
         8.1.1.2 Market Forecast
       8.1.2 Africa
         8.1.2.1 Market Trends
         8.1.2.2 Market Forecast
       8.1.3 Latin America
         8.1.3.1 Market Trends
         8.1.3.2 Market Forecast
       8.1.4 Others
         8.1.4.1 Market Trends
         8.1.4.2 Market Forecast
   8.2   Consumption 
       8.2.1 China
         8.2.1.1 Market Trends
         8.2.1.2 Market Forecast
       8.2.2 Indonesia
         8.2.2.1 Market Trends
         8.2.2.2 Market Forecast
       8.2.3 Malaysia
         8.2.3.1 Market Trends
         8.2.3.2 Market Forecast
       8.2.4 Japan
         8.2.4.1 Market Trends
         8.2.4.2 Market Forecast
       8.2.5 Philippines
         8.2.5.1 Market Trends
         8.2.5.2 Market Forecast
       8.2.6 Others
         8.2.6.1 Market Trends
         8.2.6.2 Market Forecast    
9  Market Breakup by End-Use
   9.1   Sweeteners
       9.1.1 Market Trends
       9.1.2 Market Forecast
   9.2   MSG/Lysine
       9.2.1 Market Trends
       9.2.2 Market Forecast
   9.3   Food Industries
       9.3.1 Market Trends
       9.3.2 Market Forecast
   9.4   Paper Industries
       9.4.1 Market Trends
       9.4.2 Market Forecast
   9.5   Modified Starch 
       9.5.1 Market Trends
       9.5.2 Market Forecast
   9.6   Sago Pearl
       9.6.1 Market Trends
       9.6.2 Market Forecast
   9.7   Textile
       9.7.1 Market Trends
       9.7.2 Market Forecast
   9.8   Others
       9.8.1 Market Trends
       9.8.2 Market Forecast
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

List of Figures

Figure 1: Global: Cassava Starch Market: Major Drivers and Challenges
Figure 2: Global: Cassava Market: Volume Trends (in Million Tons), 2016-2021
Figure 3: Global: Cassava Market: Breakup by Region (in %), 2021
Figure 4: Global: Cassava Market: Breakup by End-Use (in %), 2021
Figure 5: Global: Cassava Market Forecast: Volume Trends (in Million Tons), 2022-2027
Figure 6: Global: Starch Market: Volume Trends (in Million Tons), 2016-2021
Figure 7: Global: Starch Market: Breakup by Region (in %), 2021
Figure 8: Global: Starch Market: Breakup by Feedstock (in %), 2021
Figure 9: Global: Starch Market: Breakup by End-Use (in %), 2021
Figure 10: Global: Starch Market Forecast: Volume Trends (in Million Tons), 2022-2027
Figure 11: Global: Cassava Starch Market: Volume Trends (in Million Tons), 2016-2021
Figure 12: Global: Cassava Starch Market: Value Trends (in Billion US$), 2016-2021
Figure 13: Global: Cassava Starch Market: Average Price Trends (in US$/Ton), 2016-2021
Figure 14: Global: Cassava Starch Market: Production Breakup by Region (in %), 2021
Figure 15: Global: Cassava Starch Market: Consumption Breakup by Region (in %), 2021
Figure 16: Global: Cassava Starch Market: Breakup by End-Use (in %), 2021
Figure 17: Global: Cassava Starch Market Forecast: Volume Trends (in Million Tons), 2022-2027
Figure 18: Global: Cassava Starch Market Forecast: Value Trends (in Billion US$), 2022-2027
Figure 19: Global: Cassava Starch Industry: SWOT Analysis
Figure 20: Global: Cassava Starch Industry: Value Chain Analysis
Figure 21: Global: Cassava Starch Industry: Porter’s Five Forces Analysis
Figure 22: Asia: Cassava Starch Market: Production Volume (in Million Tons), 2016 & 2021
Figure 23: Asia: Cassava Starch Market Forecast: Production Volume (in Million Tons), 2022-2027
Figure 24: Africa: Cassava Starch Market: Production Volume (in Million Tons), 2016 & 2021
Figure 25: Africa: Cassava Starch Market Forecast: Production Volume (in Million Tons), 2022-2027
Figure 26: Latin America: Cassava Starch Market: Production Volume (in Million Tons), 2016 & 2021
Figure 27: Latin America: Cassava Starch Market Forecast: Production Volume (in Million Tons), 2022-2027
Figure 28: Others: Cassava Starch Market: Production Volume (in Million Tons), 2016 & 2021
Figure 29: Others: Cassava Starch Market Forecast: Production Volume (in Million Tons), 2022-2027
Figure 30: China: Cassava Starch Market: Consumption Volume (in Million Tons), 2016 & 2021
Figure 31: China: Cassava Starch Market Forecast: Consumption Volume (in Million Tons), 2022-2027
Figure 32: Indonesia: Cassava Starch Market: Consumption Volume (in Million Tons), 2016 & 2021
Figure 33: Indonesia: Cassava Starch Market Forecast: Consumption Volume (in Million Tons), 2022-2027
Figure 34: Malaysia: Cassava Starch Market: Consumption Volume (in Million Tons), 2016 & 2021
Figure 35: Malaysia: Cassava Starch Market Forecast: Consumption Volume (in Million Tons), 2022-2027
Figure 36: Japan: Cassava Starch Market: Consumption Volume (in Million Tons), 2016 & 2021
Figure 37: Japan: Cassava Starch Market Forecast: Consumption Volume (in Million Tons), 2022-2027
Figure 38: Philippines: Cassava Starch Market: Consumption Volume (in Million Tons), 2016 & 2021
Figure 39: Philippines: Cassava Starch Market Forecast: Consumption Volume (in Million Tons), 2022-2027
Figure 40: Others: Cassava Starch Market: Consumption Volume (in Million Tons), 2016 & 2021
Figure 41: Others: Cassava Starch Market Forecast: Consumption Volume (in Million Tons), 2022-2027
Figure 42: Global: Cassava Starch Market: Sweeteners (in Million Tons), 2016 & 2021
Figure 43: Global: Cassava Starch Market Forecast: Sweeteners (in Million Tons), 2022-2027
Figure 44: Global: Cassava Starch Market: MSG/Lysine (in Million Tons), 2016 & 2021
Figure 45: Global: Cassava Starch Market Forecast: MSG/Lysine (in Million Tons), 2022-2027
Figure 46: Global: Cassava Starch Market: Food Industries (in Million Tons), 2016 & 2021
Figure 47: Global: Cassava Starch Market Forecast: Food Industries (in Million Tons), 2022-2027
Figure 48: Global: Cassava Starch Market: Paper Industries (in Million Tons), 2016 & 2021
Figure 49: Global: Cassava Starch Market Forecast: Paper Industries (in Million Tons), 2022-2027
Figure 50: Global: Cassava Starch Market: Modified Starch (in Million Tons), 2016 & 2021
Figure 51: Global: Cassava Starch Market Forecast: Modified Starch (in Million Tons), 2022-2027
Figure 52: Global: Cassava Starch Market: Sago Pearl (in Million Tons), 2016 & 2021
Figure 53: Global: Cassava Starch Market Forecast: Sago Pearl (in Million Tons), 2022-2027
Figure 54: Global: Cassava Starch Market: Textile (in Million Tons), 2016 & 2021
Figure 55: Global: Cassava Starch Market Forecast: Textile (in Million Tons), 2022-2027
Figure 56: Global: Cassava Starch Market: Other Uses (in Million Tons), 2016 & 2021
Figure 57: Global: Cassava Starch Market Forecast: Other Uses (in Million Tons), 2022-2027
Figure 58: Cassava Starch Manufacturing Plant: Detailed Process Flow
Figure 59: Cassava Starch Manufacturing Process: Conversion Rate of Feedstocks
Figure 60: Cassava Starch Manufacturing Plant: Packaging Requirements
Figure 61: Cassava Starch Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 62: Cassava Starch: Profit Margins at Various Levels of the Supply Chain
Figure 63: Cassava Starch Manufacturing Plant: Breakup of Total Production Cost (in %)

List of Tables

Table 1: Global: Cassava Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Cassava Market Forecast: Breakup by Region, 2022-2027
Table 3: Global: Cassava Market Forecast: Breakup by End-Use, 2022-2027
Table 4: Global: Starch Market: Key Industry Highlights, 2021 and 2027
Table 5: Global: Starch Market Forecast: Breakup by Region, 2022-2027
Table 6: Global: Starch Market Forecast: Breakup by Feedstock, 2022-2027
Table 7: Global: Starch Market Forecast: Breakup by End-Use, 2022-2027
Table 8: Global: Cassava Starch Market: Key Industry Highlights, 2021 and 2027
Table 9: Global: Cassava Starch Market Forecast: Production Breakup by Region, 2022-2027
Table 10: Global: Cassava Starch Market Forecast: Consumption Breakup by Region, 2022-2027
Table 11: Global: Cassava Starch Market Forecast: Breakup by End-Use, 2022-2027
Table 12: Global: Cassava Starch Market: Competitive Structure
Table 13: Cassava Starch Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 14: Cassava Starch Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 15: Cassava Starch Manufacturing Plant: Costs Related to Machinery (in US$)
Table 16: Cassava Starch Manufacturing Plant: Raw Material Requirements
Table 17: Cassava Starch Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 18: Cassava Starch Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 19: Details of Financial Assistance Offered by Financial Institutions
Table 20: Cassava Starch Manufacturing Plant: Capital Costs (in US$)
Table 21: Cassava Starch Manufacturing Plant: Techno-Economic Parameters
Table 22: Cassava Starch Manufacturing Plant: Taxation and Depreciation (in US$)
Table 23: Cassava Starch Manufacturing Plant: Income Projections (in US$)
Table 24: Cassava Starch Manufacturing Plant: Expenditure Projections (in US$)
Table 25: Cassava Starch Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 26: Cassava Starch Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 27: Cassava Starch Manufacturing Plant: Profit and Loss Account (in US$)


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Key Questions Answered in This Report

The global cassava starch market was valued at US$ 4.7 Billion in 2021.

We expect the global cassava starch market to exhibit a CAGR of 4.9% during 2022-2027.

The extensive application of cassava starch as a thickening agent in bakery products, yogurt, soups,
noodles, ice creams, etc., is primarily driving the global cassava starch market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
cassava starch.

Based on the end-use, the global cassava starch market can be segmented into sweeteners, MSG/lysine,
food industries, paper industries, modified starch, sago pearl, textile, and others. Currently, sweeteners
exhibit a clear dominance in the market.

On a regional level, the market has been classified into Asia, Africa, Latin America, and others,
where Asia currently dominates the global market.

Some of the major players in the global cassava starch market include TCS Tapioca, Eiamheng Tapioca,
Sunrise International, PT Buda Starch & Sweetener, Sharp SPAC Tapioca, etc.

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