NEW YORK, Oct. 13, 2021 /PRNewswire/ -- The tapioca market size is set to grow by 2.47 mn tons from 2020 to 2024, according to Technavio. The growth momentum of the market is expected to accelerate at a CAGR of 0.68%.
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The tapioca market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Tapioca Market 2020-2024: Segmentation
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Tapioca Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the tapioca market report provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include American Key Food Products LLC, AGRANA Beteiligungs AG, Cargill Inc., Emsland Group, Grain Millers Inc., Emulift Iberica SL, Ingredion Inc., Parchem fine & specialty chemicals Inc., Tate & Lyle Plc, and Venus Starch Suppliers.
The report also covers the following areas:
The health benefits of tapioca will offer immense growth opportunities. However, complexities related to overconsumption will hamper the market growth.
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Tapioca Market 2020-2024: Key Highlights
Related Reports:
Tapioca Market Scope |
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Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 1% |
Market growth 2020-2024 |
2.47 mn tons |
Market structure |
Fragmented |
YoY growth (%) |
(2.35) |
Regional analysis |
APAC, Europe, North America, South Africa, and MEA |
Performing market contribution |
APAC at 59% |
Key consumer countries |
China, US, France, Thailand, and Indonesia |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
American Key Food Products LLC, AGRANA Beteiligungs AG, Cargill Inc., Emsland Group, Grain Millers Inc., Emulift Iberica SL, Ingredion Inc., Parchem fine & specialty chemicals Inc., Tate & Lyle Plc, and Venus Starch Suppliers |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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SOURCE Technavio
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