Global Cassava Starch Market Share, Size, Price Trends and Forecast 2017-2022
To know more about market, click here: http://www.imarcgroup.com/cassava-processing-plant The global cassava processing market has witnessed a moderate growth over the past few years. Some of the major driving factors include expanding applications, growing population and strong demand from food and animal feed industry. Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: http://www.imarcgroup.com Follow us on twitter: @imarcglobal
To know more about market, click here: http://www.imarcgroup.com/cassava-processing-plant
The global cassava processing market has witnessed a moderate growth over the past few years. Some of the major driving factors include expanding applications, growing population and strong demand from food and animal feed industry.
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<strong>Cassava</strong> <strong>Starch</strong> <strong>Market</strong>: <strong>Global</strong> Industry <strong>Trends</strong>, <strong>Share</strong>, <strong>Size</strong>,<br />
Growth, Opportunity <strong>and</strong> <strong>Forecast</strong> <strong>2017</strong>-<strong>2022</strong><br />
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<strong>Global</strong> <strong>Cassava</strong> <strong>Starch</strong> <strong>Market</strong> Expected to Reach 7.2 Million Tons by <strong>2022</strong>,<br />
Driven by Growing Dem<strong>and</strong> for Food <strong>and</strong> Industrial Applications<br />
<strong>Cassava</strong> has a high concentration of starch <strong>and</strong> is relatively cheaper than other sources. The<br />
growing dem<strong>and</strong> for cassava starch for food <strong>and</strong> industrial applications is expected to drive the<br />
global cassava starch market with the global production projected to reach a volume of 7.2 Million<br />
Tons by <strong>2022</strong>.<br />
IMARC Group’s latest study <strong>Cassava</strong> <strong>Starch</strong> <strong>Market</strong>: <strong>Global</strong> Industry <strong>Trends</strong>, <strong>Share</strong>, <strong>Size</strong>, Growth,<br />
Opportunity <strong>and</strong> <strong>Forecast</strong> <strong>2017</strong>-<strong>2022</strong> provides a i-depth analysis of the global cassava starch<br />
market. Cultivated in around a hundred countries worldwide, cassava (Manihot esculenta)<br />
represents one of the most popular staples in the tropical region. It is a relatively cheap raw<br />
material for starch production <strong>and</strong> has a higher concentration of starch as compared to other<br />
starch sources such as rice, sweet potato, wheat <strong>and</strong> maize. Furthermore, it has a high level of<br />
purity, excellent textural <strong>and</strong> thickening properties <strong>and</strong> a neutral taste.<br />
<strong>Cassava</strong> starch can be easily extracted using a simple process which can be carried out on a small<br />
scale with limited capital. As a result of its ease of production <strong>and</strong> numerous physical <strong>and</strong> chemical<br />
properties, cassava starch is used in a number food <strong>and</strong> industrial processes. According to the<br />
report, the global cassava starch market reached a volume of 6.6 Million Tons in 2016, growing at a<br />
CAGR of around 2% during 2009-2016.
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As a result of its thickening, moisturising, texturizing, pasting, water absorption, water binding <strong>and</strong><br />
dough mixing properties, starch finds numerous uses in the food industry. It is used in the<br />
production of sweeteners, confectioneries, lysine, bakery products, sago pearls, canned foods,<br />
jams, preserves, MSG, noodles, etc. It is also used in the production of dextrose <strong>and</strong> caramel.<br />
<strong>Cassava</strong> starch is preferred in the adhesives industry as it helps in producing more viscous<br />
adhesives that provide stable glues <strong>and</strong> work more smoothly. It also finds applications in the<br />
modified starch, textile, pharmaceuticals, detergents, plastics, plywood <strong>and</strong> paperboard industries.<br />
The growing dem<strong>and</strong> for cassava starch products for food <strong>and</strong> industrial applications has directed<br />
the global attention towards the cassava starch market. As a result, this market is projected to<br />
reach a volume of 7.2 Million Tons by <strong>2022</strong>.<br />
To get more information, please visit @ http://www.imarcgroup.com/cassava-starch-processingplant<br />
On the basis of aforementioned applications, the report has segmented the market into<br />
sweeteners, textile, modified starch, paper, sago pearl <strong>and</strong> MSG/Lysine. Sweeteners currently<br />
represent the largest consumer of cassava starch accounting for the majority of the total global
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consumption. The report has further analysed the market region-wise. Currently, Asia<br />
represents the largest producer of cassava starch accounting for the majority of the<br />
total global production. Within Asia, Thail<strong>and</strong> <strong>and</strong> Indonesia account for around half<br />
of the production value. The report has also analysed the competitive l<strong>and</strong>scape of<br />
the report covering the key global players currently operating in this market.<br />
The report provides a comprehensive analysis for setting up a cassava starch<br />
processing plant. The study covers all the requisite aspects of the cassava starch<br />
market <strong>and</strong> provides an in-depth analysis of the industry performance, processing<br />
<strong>and</strong> manufacturing requirements, project cost, project funding, project economics,<br />
expected returns on investment, profit margins, etc. This report is a must-read for<br />
entrepreneurs, investors, researchers, consultants, business strategists, <strong>and</strong> all those<br />
who are planning to foray into the cassava starch market manner.
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