, /PRNewswire/ -- The global tapioca market size is estimated to grow by from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.42% during the forecast period.
Alternative to gluten and grain food products is driving market growth, with a trend towards usage of tapioca in bioplastics. However, complexities related to over consumption poses a challenge. Key market players include American Key Products Inc.
, Authentic Foods, Cargill Inc., Ciranda Inc., Ekta International, Emsland Starke GmbH, Hunan Kang pharmaceutical Ltd.
, Ingredion Inc., Jayavel Sago Factory, KengSeng Group of Co., Malt Products Corp.
, Parchem Fine and Specialty Chemicals Inc., PT Budi Starch and Sweetener Tbk, Royal Ingredients Group BV, Sonish Starch Technology Co. Ltd.
, SPAC Starch Products India Pvt. Ltd., Tapioca Vietnam, Tate and Lyle PLC, Tereos Participations, and Venus Starch Suppliers.
Get a detailed analysis on regions, market segments, customer landscape, and companies- Tapioca, a stable and degradable biomass, significantly contributes to the production of biodegradable bioplastics. These bioplastics, derived from tapioca, exhibit desirable properties such as odorlessness, smoothness, and transparency. The increasing utilization of tapioca in bioplastics manufacturing is anticipated to boost the global tapioca market growth during the forecast period.
This trend is driven by the rising demand for eco-friendly and biodegradable alternatives to traditional plastics. .
