Cassava Starch Market on Track to Reach a Value of USD 8.3 Billion by 2034
**Booming Cassava Starch Market: A Look at the Global Trends and Key Players**
The global Cassava Starch Market is on an upward trajectory, with a projected growth from 2025 to 2034. The market size, which stood at **US$ 59.82 billion in 2025**, is forecast to reach an impressive **US$ 94.20 billion by 2032**[2].
One of the key drivers behind this growth is the increasing demand for cassava starch in the Food and Beverage Sector. As consumers seek convenience and processed foods, cassava starch, with its thickening and stabilising properties, is becoming increasingly popular. In 2024, this sector accounted for a significant 39.1% share of the market[1].
Another trend shaping the market is the focus on sustainability and renewable energy. Cassava starch is being explored for its potential in biofuel production, aligning with global efforts towards sustainable and renewable energy sources.
Emerging markets, particularly in Asia and Africa, where cassava is a staple crop, are expected to drive demand due to rising incomes and changing dietary preferences. The versatility of cassava starch, which can be used in pharmaceuticals, textiles, and other industrial applications, further contributes to its market growth.
Notable players in the market include Chorchaiwat Industry, which has modernised its cassava starch processing plants in Thailand and developed biodegradable packaging materials using cassava starch[3]. Ekta International has expanded its cassava starch distribution network in India and introduced a new premium-grade cassava starch with lower moisture content[4]. Cargill has introduced a new line of modified cassava starches for the food and beverage industry[5], while AGRANA Starch has been focusing on sustainable cassava starch production and expanding its non-GMO and organic starch offerings[6].
The market value in North America reached a substantial **US$ 2.2 billion** in 2024, making it the leading region in the global cassava starch market[1]. Asia-Pacific, however, is a significant exporter of high-quality starch to export markets, especially in North America and Europe[7].
The growth of the Cassava Starch Market significantly impacts global economies, particularly in tropical regions where cassava is a staple crop. Supportive government policies and subsidies promote sustainable cultivation in developing regions[8]. In 2024, native cassava starch commanded a 68.3% share in the By Type segment of the market[1], with conventional cassava starch leading with an 89.4% share in the By Nature segment[9].
Businesses in the cassava starch market should focus on innovation, sustainability, and digital solutions for market expansion[10]. The market is projected to reach **US$ 8.3 billion** by 2034, growing at a 5.0% CAGR from 2025 to 2034[2]. Aryan International has increased cassava starch exports to Africa and the Middle East and adopted stricter quality control measures[11].
In conclusion, the Cassava Starch Market is set to witness robust growth in the coming years, driven by its versatility, increasing demand in various industries, and the focus on sustainable and cost-effective starch solutions.
- The increasing popularity of cassava starch in the Food and Beverage Sector is contributing to the growth of the Cassava Starch Market, with the sector accounting for a significant 39.1% share in 2024.
- Aside from its use in food, cassava starch has potential applications in the production of biofuel, aligning with global efforts towards sustainable and renewable energy sources.
