Published by Uma Rajagopal
Posted on February 17, 2022
The growing inclination of the masses towards healthier and organic food products has brought tapioca starch under the spotlight of attention. However, the application and usage of tapioca starch is not restricted to the food and beverages industry; a wide variety of industrial products such as textiles and paper are manufactured from tapioca starch. There is substantial ground to the fact that native starch is much more popular across the industrial sector as compared to tapioca starch. Therefore, manufacturers of tapioca starch have a formidable challenge at their hands – ‘demonstrating the benefits of tapioca starch over native starch’. The use of modification techniques to increase the stability of tapioca starch could serve the objectives of leading manufacturers. In light of the aforementioned factors, it is safe to expect palpable increase in sales across the tapioca starch market.
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Growing Demand for Gluten-Free Alternatives to Wheat and Grains to Drive Traffic to Tapioca Starch Market
The recent propensity of the global hoi polloi to choose vegan lifestyles has brought several products to the mainstream market. Tapioca extract is fast replacing wheat and several other grains as a gluten-free alternative, and the former has already captured the attention of a large global consumer base. Furthermore, the use of tapioca as a binding agent added to nuggets and burgers has also brought the product under the radar of focus. Over the course of the next decade, the baking industry could emerge as a stellar point of sales for tapioca starch.
Concerns Related to Low Nutrient Count Could Restrain Sale of Tapioca Starch; Wide Application Spectrum to Save the Day
Tapioca starch contains very little fiber and proteins, and is mostly composed of carbs. This adds little nutritional value to the overall composition of tapioca starch. For this reason, several health-conscious consumers could shun the use of tapioca starch in the coming times. To compensate for the market disruption caused by such a propensity, manufactures could rely on the wide spectrum of applications of tapioca starch. Some of these uses and applications of tapioca starch include thickening of soups and sauces, manufacturing of flatbread, and preparation of puddings.
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Asia Pacific to Create a Lucrative Playfield for Tapioca Starch Manufacturers
In addition to the organic appeal of tapioca starch, the product has also gained popularity on account of the subsistence provided by tapioca farming to agriculturists across several developing countries. In this respect, Asia Pacific is projected to emerge as a robust market for tapioca starch production and sales in the times to follow. Over 1.2 lac farmers and more than 450 manufacturing units rely on tapioca farming across the Southern belt of India. Add to this, the traditional rooting of tapioca starch production across several parts of Thailand. Countries in Sub-Saharan Africa and parts of Latin America are also emerging as handsome producers of cassava starch. Ghana ranks seconds in terms of the manufacturing capacity of cassava starch across all of Africa.
Some of the leading players in the global tapioca starch market are Ingredion Inc, Cargill Incorporated, Tate & Lyle, and Archer Daniels Midland Company.
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