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.
” Data Bridge Market research has recently issued comprehensive industry research on Global Tapioca Market report comprises of several market dynamics and estimations of the growth rate and the market value based on market dynamics and growth inducing factors. The Tapioca Market report contains vigilantly and precisely information about key players in the market, major collaborations, merger and acquisitions along with trending innovation and complete insights. Health Screening Report, Markets on the local, regional as well as global level are explored. Tapioca Market Report emphasizes key market dynamics of Health Screening industry and covers historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. All the data, figures and information is backed up by well recognized analysis tools which include SWOT analysis and Porter’s Five Forces analysis.
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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.
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.
Opportunity
Due to the increasing popularity of tapioca starch, manufacturers are introducing new processing techniques and packaging methods. Furthermore, new recipes involving tapioca starch have recently gained popularity around the world. Following in the footsteps of changing consumer consumption patterns, manufacturers see novel packaging designs as a key sales strategy to modern customers, who are becoming more aware of product labelling and preferring clean-label products.
Restraints
However, the rising presence of cyanide in tapioca due to improper processing methods causes chronic toxic effects, which will further challenge the tapioca market in the forecast period.
This tapioca market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the tapioca market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent development
- Cargill, Inc. announced a partnership with Starpro, Thailand’s leading manufacturer and provider of tapioca starch, in April 2021. Through this collaboration, the company intends to expand its operations in the Asia Pacific region.
- Tate & Lyle PLC announced in February 2021 that it had acquired an 85 percent stake in Thailand’s Chaodee Modified Starch Co Ltd.
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)
Tapioca Market research report works as a best solution to know the trends and opportunities in the Tapioca Market industry. The report has been framed with the most excellent and superior tools of collecting, recording, estimating and analyzing market data. This report gives broader perspective of the market place with its all-inclusive market insights and analysis. The information, statistics, facts and figures delivered via this report helps companies in Tapioca Market industry to maximize or minimize the production of goods depending on the conditions of demand. In the Tapioca Market report; a meticulous investment analysis is given which forecasts forthcoming opportunities for the market players.
To stay ahead of the competition, a thorough idea about the competitive landscape, their product range, their strategies, and future prospects are very valuable. The meticulous efforts accompanied with integrated approaches results into an excellent market research report that drives the decision making process of the business. 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, and consumer behavior. value fluctuation during the forecast period for the market. To figure out market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behavior, the finest market research report is very essential.
Market Opportunities
- Growth in innovative marketing techniques to attract and target potential consumers
- Investments in the research and development of several low-risk tobacco products
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Global tapioca Market Scope
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 Questions Answered in This Report:
- How has the global Tapioca Market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global Tapioca Market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the capacity?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global Tapioca Market and who are the key players?
- What is the degree of competition in the industry?
Key Pointers Covered in the Tapioca Market Industry Trends and Forecast
- Market Size
- Tapioca Market New Sales Volumes
- Tapioca Market Replacement Sales Volumes
- Tapioca Market Installed Base
- Tapioca Market By Brands
- Tapioca Market Procedure Volumes
- Tapioca Market Product Price Analysis
- Tapioca Market Healthcare Outcomes
- Tapioca Market Cost of Care Analysis
- Market Regulatory Framework and Changes
- Market Prices and Reimbursement Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
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