PUBLISHER: Allied Market Research | PRODUCT CODE: 1472255
PUBLISHER: Allied Market Research | PRODUCT CODE: 1472255
The global organic cassava starch market is anticipated to reach $4,349.6 million by 2032, growing from $2,985.4 million in 2022 at a CAGR of 3.9% from 2023 to 2032. Organic cassava starch refers to a natural and unmodified starch extracted from the root vegetable cassava, grown using organic farming practices without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs). This starch is renowned for its versatility and finds applications in various industries, including food, textile, paper, glue, and cosmetics.
Derived from the cassava plant, native to tropical regions, organic cassava starch is obtained through a process of washing, pulping, and drying the cassava root. With a clear and bland flavor, it serves as a crucial ingredient in the food industry, acting as a thickening agent in various products and offering unique gelatinization properties. Beyond its applications in food, organic cassava starch plays a vital role in different sectors, such as textiles, plywood, paper, and the glue industry. Its natural properties make it an attractive option for applications in cosmetics and personal care products, contributing to a matte appearance on the skin. Organic cassava starch serves as a natural substitute for modified starches, enhancing the quality of food products by acting as a thickening, stabilizing, binding, and filling agent. Industries such as textiles, plywood, and paper utilize organic cassava starch for its adhesive qualities, resulting in shiny and smooth textures, improved weaving properties, and smoother paper surfaces. In addition, the unique characteristics of cassava starch, such as low gelatinization temperatures and high water-binding capacity, make it valuable in cosmetic applications, promoting a matte appearance and oil absorption. With an increasing focus on natural and organic ingredients, the demand for organic cassava starch has increased, especially in the food industry, where it is preferred over chemically modified starches. Advancements in processing technologies, such as the use of wastewater for biogas production, enhance the efficiency and sustainability of cassava starch production, making it an environmentally friendly choice. These factors are majorly driving the organic cassava starch demand.
However, improperly processed cassava products may contain cyanogenic glycosides, leading to cyanide poisoning. Cassava consumption has been linked to konzo, a neurological disease affecting regular brain function. While the occurrence is not directly linked to cassava starch, it is necessary to ensure that cassava processing methods do not contribute to health issues. Tapioca starch, derived from cassava, has a high glycemic index that can cause a rapid spike in insulin and blood sugar levels. This poses a concern for individuals with pre-diabetes and diabetes. Careful consideration is needed when incorporating cassava starch into the diets of individuals with these conditions. These factors are anticipated to hamper the organic cassava starch market share in the upcoming years.
The current annual production of cassava roots worldwide presents a significant opportunity for cassava starch production. The Food and Agriculture Organization (FAO) recognizes the economic importance of converting inexpensive raw materials into high-value starches, providing opportunities for developing countries to strengthen their economies. With global demand on the rise, cassava starch offers an opportunity for income growth for cassava producers. Cassava starch stands out for its superior transparency, viscosity, and stability in acidic food products. In addition, it has applications beyond the food industry, including pharmaceuticals and thermoplastic biodegradable plastics. Cassava possesses inherent advantages, such as high yield per unit area, drought tolerance, and other benefits. It is a highly competitive source of starch, containing more starch than any other food crops on a dry weight basis. This competitive advantage can position cassava starch as a cost-effective alternative to starch derived from potato, corn, and wheat, particularly in regions where export prices are lower. In addition, initiatives like the Global Cassava Development Strategy, promoted by the International Fund for Agricultural Development (IFAD) and FAO, emphasize the importance of processing fresh roots to produce by-products like starch. Countries can leverage this strategy to integrate cassava starch production into market-driven commodity chains, fostering economic development and sustainability. These factors are anticipated to generate excellent opportunities in the organic cassava starch industry.
The key players profiled in this report include Tate & Lyle, Cargill, Incorporated, Ingredion, Visco Starch, Global Sweeteners Holdings Ltd, Psaltry International Company Limited, Ekta International, Chorchaiwat Industry Co. Ltd., Matna Foods Ltd., and ADM. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as business expansion, partnership, and acquisition.
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