Market Overview:
The global tapioca ingredients and extracts market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The food & beverages segment is expected to account for the majority share of the global market throughout the forecast period. In terms of region, North America is anticipated to lead the global market in terms of revenue generation throughout the forecast period. The key factors driving growth of the global tapioca ingredients and extracts market include rising demand for healthy food products, increasing awareness about benefits associated with consumption of natural ingredients, and growing inclination towards convenience foods. Additionally, surging demand from emerging economies such as China and India is also propelling growth of this market. However, volatility in prices raw materials used for production could hamper growth prospects of this market over the forecast period.
Product Definition:
Tapioca is a starch extracted from the cassava root. It is a gluten-free, grain-free alternative to wheat flour and can be used to thicken soups, sauces and stews. Tapioca extract is also used as a natural thickener and stabilizer in food products.
Modified:
Modified starch is a new term in the food industry and has been used extensively in the past few years. It is basically made by changing some of the components of regular starch through chemical or enzymatic processes.
Native:
Tapioca ingredients and extracts are derived from the root of the cassava plant. It is a starch-based staple food in many countries in Africa, Asia, South America, and Oceania. The global tapioca market is expected to witness significant growth over the forecast period owing to increasing demand for healthy & nutritious food products across various regions.
Application Insights:
Food & beverage was the dominant application segment in the global tapioca ingredients and extracts market, accounting for over 60.0% share of the overall revenue in 2017. The product is widely used as a thickener, stabilizer, and emulsifier in food manufacturing industry owing to its gluten-free nature. It is also used as an ingredient for making various sauces including cheese sauce, mayonnaise, ketchup etc., due to its rich flavor and aroma properties.
The growing popularity of healthy food products has increased demand for dietary supplements which are made using natural ingredients only; this trend will continue during the forecast period driving tapioca starch demand worldwide over next eight years. Increasing awareness about health benefits associated with these products will further boost their consumption globally during future period leading to higher sales volumes globally compared to present day levels by 2030AD (TBA).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 owing to growing consumption of tapioca products. The region is projected to maintain its dominance over the forecast period due to increasing product applications and rising consumer awareness about healthy lifestyle. Europe is expected to be one of the fastest-growing regions with a CAGR of XX% from 2018 to 2030 on account of high demand for natural ingredients in cosmetics, personal care products, and other industries as an alternative or addition ingredient.
North America also has a significant demand for tapioca ingredients as they are used as thickeners, emulsifiers, gelling agents, and stabilizers in various food processing industries such as frozen dairy desserts & beverages; baked goods; meat & poultry; seafood/lobsters/crabs; ready-to-eat meals (such as pizza); processed cheese slices & blocks; canned vegetables/fruit juices etc.
Growth Factors:
- Increasing demand for tapioca ingredients and extracts in food and beverage industry as a result of its functional properties.
- Rising awareness about the health benefits of tapioca ingredients and extracts among consumers.
- Growing popularity of gluten-free diets, which has led to an increase in demand for gluten-free products that contain tapioca ingredients and extracts.
- Rapid expansion of the global foodservice sector, which is creating new opportunities for the sale of tapioca ingredients and extracts products to restaurants, hotels, catering companies, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tapioca Ingredients and Extracts Market Research Report
By Type
Modified, Native
By Application
Food & Beverages, Animal Feed, Other
By Companies
Asia Fructose, Tate & Lyle, Ingredion, Cargill, AGRANA Starch, Psaltry International, Visco Starch, KPN Pharma, SPAC STARCH PRODUCTS (INDIA), Ekta International, Sanstar Bio - Polymers, Aryan International, Ng Wah International Development, Thai Foods Product International, Archer Daniels Midland Company（ADM）
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Tapioca Ingredients and Extracts Market Report Segments:
The global Tapioca Ingredients and Extracts market is segmented on the basis of:
Types
Modified, Native
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Animal Feed, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asia Fructose
- Tate & Lyle
- Ingredion
- Cargill
- AGRANA Starch
- Psaltry International
- Visco Starch
- KPN Pharma
- SPAC STARCH PRODUCTS (INDIA)
- Ekta International
- Sanstar Bio - Polymers
- Aryan International
- Ng Wah International Development
- Thai Foods Product International
- Archer Daniels Midland Company（ADM）
Highlights of The Tapioca Ingredients and Extracts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Modified
- Native
- By Application:
- Food & Beverages
- Animal Feed
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tapioca Ingredients and Extracts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tapioca is a starch extracted from the cassava root. It is used as an ingredient in foods, such as pudding and flour. Tapioca extracts are used in food products to give them a sweet flavor and texture.
Some of the major players in the tapioca ingredients and extracts market are Asia Fructose, Tate & Lyle, Ingredion, Cargill, AGRANA Starch, Psaltry International, Visco Starch, KPN Pharma, SPAC STARCH PRODUCTS (INDIA), Ekta International, Sanstar Bio - Polymers, Aryan International, Ng Wah International Development, Thai Foods Product International, Archer Daniels Midland Company（ADM）.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tapioca Ingredients and Extracts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tapioca Ingredients and Extracts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tapioca Ingredients and Extracts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tapioca Ingredients and Extracts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tapioca Ingredients and Extracts Market Size & Forecast, 2020-2028
4.5.1 Tapioca Ingredients and Extracts Market Size and Y-o-Y Growth
4.5.2 Tapioca Ingredients and Extracts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Modified
5.2.2 Native
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Animal Feed
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tapioca Ingredients and Extracts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tapioca Ingredients and Extracts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Modified
9.6.2 Native
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Animal Feed
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Modified
10.6.2 Native
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Animal Feed
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Modified
11.6.2 Native
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Animal Feed
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Modified
12.6.2 Native
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Animal Feed
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Modified
13.6.2 Native
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Animal Feed
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tapioca Ingredients and Extracts Market: Competitive Dashboard
14.2 Global Tapioca Ingredients and Extracts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asia Fructose
14.3.2 Tate & Lyle
14.3.3 Ingredion
14.3.4 Cargill
14.3.5 AGRANA Starch
14.3.6 Psaltry International
14.3.7 Visco Starch
14.3.8 KPN Pharma
14.3.9 SPAC STARCH PRODUCTS (INDIA)
14.3.10 Ekta International
14.3.11 Sanstar Bio - Polymers
14.3.12 Aryan International
14.3.13 Ng Wah International Development
14.3.14 Thai Foods Product International
14.3.15 Archer Daniels Midland Company（ADM）
