Cassava Starch Market: Industry Overview, Outlook, Trends, Analysis and Forecast
Posted on 7 November, 2022 by Endru Smith
| Product Name | Cassava Starch |
| HS Code | 11081400 |
| Synonyms | Tapioca |
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Region/Countries for which Data is available |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Cassava Starch Prices: https://www.procurementresource.com/resource-center/cassava-starch-price-trends/pricerequest
Cassava starch, which is also referred to as tapioca, is extracted through washing and pulping from the roots of cassava. Cassava starch is like fine and white crystalline flour. It facilitates the management of sugar levels and supports the health of the gut.
Cassava starch contains low amounts of saturated sodium or fat, and it is gluten-free. It is also called Manihot esculenta.
The Asia Pacific accounts for the world’s largest market for cassava starch globally and has the highest market revenue. It is followed by Latin America and North America.
Key Details About the Cassava Starch Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Cassava Starch price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Cassava Starch price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Cassava Starch Price Trend:
Industrial uses impacting the Cassava Starch price trend primarily include the application in various industries like gelling agents and thickening, food, pharmaceuticals, tanning of leather, paints, adhesives, and raw materials. Additionally, it is also used in the textile industry for printing and finishing sizing.
As it has a thickening property and neutral taste, hence it is extensively used in the production of sweeteners.
Key Market Players:
- TCS Tapioca Starch Industry Co. Ltd
- PT Buda Starch & Sweetener
- SPAC Tapioca
- Sunrise International, Inc
- Sanguan Wongse Industries Co., Ltd
- Archer-Daniels-Midland Company
News and Events:
- June 20, 2022: The largest cassava exporter sent 4.6 million tonnes of tapioca, among other products from the root. Combined sales of cassava starch and pellets reached 54.8 billion baht, up 28.2 percent from the prior year, according to Commerce Ministry.
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