Tapioca Starch Market Revenue, Regional Share Analysis & Forecast Till 2028Posted by Swati Tamhankar on October 29th, 2021 The global Tapioca Starch Market is forecast to reach USD 9,686.5 Million by 2028, according to a new report by Reports and Data. Tapioca starch is a starchy flour that has a variety of uses in baking. It involves squeezing the starchy liquid out of cassava root. Tapioca starch is widely used as a thinking and stabilizing agent in commercial, industrial, and residential applications. Tapioca starch is a carbohydrate-rich and gluten-free, and it has gained popularity due to the rising trend of a healthy food diet. It is used for the production of packaged snacks like chips with added flavors. Moreover, it is also being explored as a permissible feedstock for the production of biofuels. The booming textile industry in the developing economies also has a heavy demand for this product because of its high film strength and superior binding capacities, which makes it useful for various applications in this industry. Poor crop quality of the starch sources and price fluctuations in raw materials often come in the way of product growth and market occupancy. Some top companies in this field are readily working to address the aforementioned challenges. The Asia Pacific region is forecasted to contribute to the overall growth of the Tapioca market owing to the prominent countries such as China, India, Indonesia, and Thailand, which are leading producers of the product. The market is expected to gain traction during the forecast period. Further key findings from the report suggest
Source Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2020-2028)
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Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2020-2028)
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