Tapioca Market Grow USD 6.61 billion by 2029, at a CAGR of 6.62% with Analysis of Growing Technology Trends, Industry Research, Future Growth and Size
“A compelling Tapioca Market report offers insights into the fluctuation of the CAGR (Compound Annual Growth Rate) during the forecast period spanning . This comprehensive market report encompasses a multitude of factors that exert influence on the market. It includes industry insights, critical success factors (CSFs), market segmentation, and value chain analysis, along with industry dynamics, drivers, restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis, and key company profiles. Utilizing a specific base year and historical data, the report conducts estimations and calculations of paramount importance. The Tapioca Market report serves as a valuable resource, offering current and forthcoming technical and financial details pertaining to the industry up to the year.
In formulating this successful Tapioca Market report, a SWOT analysis has been conducted, complemented by a series of standard research, analysis, and data collection steps. The report is developed through a structured process summarized as follows:
- Creation of a title page
- Inclusion of a table of contents
- Condensation of the report in the executive summary
- Introduction section
- Qualitative research segment within the body of the report
- Survey research section within the body of the report
- Summary of the types of data used in drawing conclusions
- Presentation of findings based on research
- Articulation of conclusions and a call to action for the reader.
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Market Analysis and Size
The cassava plant’s broad agro-ecological adaptability and ability to produce higher yields at lower investment has aided in meeting rising demand for tapioca starch among end-use industries. Tapioca starch’s widespread application across a wide range of industries, from food and beverages to animal feed, will continue to drive market growth.
Some of the major players operating in the tapioca market are:
- Hunan Er-Kang Pharmaceutical Co., Ltd (China)
- American Key Food Products (U.S.)
- Cargill, Incorporated (U.S.)
- SPAC Starch Products (India) Ltd (India)
- Ingredion (U.S.)
- Tapioca Starch Industry Co., Ltd (Thailand)
- EIAMHENG TAPIOCA STARCH INDUSTRY CO., LTD. (Thailand)
- Psaltry International Limited (Nigeria)
- Dadtco Philafrica B.V. (South Africa)
- Tapioca Vietnam (Vietnam)
- Lentus Foods & Agro Ltd (Nigeria)
- kengSeng Group Of Company (China)
Data Bridge Market Research analyses that the tapioca market which was growing at a value of 3.96 billion in 2021 and is expected to reach the value of USD 6.61 billion by 2029, at a CAGR of 6.62% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 – 2019) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | Types (Fresh, Dried), Uses (Thickening Agent, Stabilizer Agent, Bodying Agent, Binding Agent), Applications (Food, Beverage, Textile Industry, Glue Industry, Pharmaceutical Industry, Cosmetics Industry, Mining Industry, Constructions Industry, Others), Product (Tapioca Animal Feed, Tapioca Flour, Tapioca Chips, Pellets, Pearls) |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
| Market Players Covered | Hunan Er-Kang Pharmaceutical Co., Ltd (China), American Key Food Products (U.S.), Cargill, Incorporated (U.S.), SPAC Starch Products (India) Ltd (India), Ingredion (U.S.), Tapioca Starch Industry Co., Ltd (Thailand), EIAMHENG TAPIOCA STARCH INDUSTRY CO., LTD. (Thailand), Psaltry International Limited (Nigeria), Dadtco Philafrica B.V. (South Africa), Tapioca Vietnam (Vietnam), Lentus Foods & Agro Ltd (Nigeria), kengSeng Group Of Company (China) |
| Opportunities |
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Market Definition
Tapioca is made from cassava and is commonly used to thicken liquid foods such as pudding. Their stabilising and thickening properties are widely used in the food, textile, glue, and cosmetic industries. They are high in calcium, iron, manganese, and folate, making them ideal for pregnant women.
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The tapioca market is segmented on the basis of types, uses, application and product. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Types
- Fresh
- Dried
Uses
- Thickening Agent
- Stabilizer Agent
- Bodying Agent
- Binding Agent
Application
- Food
- Beverage
- Textile Industry
- Glue Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Mining Industry
- Constructions Industry
- Others
Product
- Tapioca Animal Feed
- Tapioca Flour
- Tapioca Chips
- Pellets
- Pearls
Key Benefits of the Report:
- This study presents the analytical depiction of the global Tapioca Market ndustry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Tapioca Market share.
- The current market is quantitatively analyzed from 2022 to 2029 to highlight the Tapioca Market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global Tapioca Market analysis based on competitive intensity and how the competition will take shape in coming years.
What insights readers can gather from the Tapioca Market report?
- Learn the behavior pattern of every Tapioca Market -product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global Tapioca Market landscape, which includes, revenue, production & consumption and historical & forecast.
- Understand important drivers, restraints, opportunities and trends (DROT Analysis).
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
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