Tapioca market size to Grow by 6,972.08 thousand tons, Growth opportunities led by American Key Products Inc. and Authentic Foods - Technavio

NEW YORK, Jan. 17, 2023 /PRNewswire/ -- The tapioca market is fragmented, characterized by the presence of many global and regional vendors. The increasing demand for foods and beverages in developing countries, such as China, India, Indonesia, Chile, Brazil, and Mexico, has led to the growth of regional vendors. The major players focus on expansions and collaborations to expand their businesses. Collaborations and acquisitions help vendors leverage technology and product portfolios to increase their market shares.

The tapioca market size is forecasted to grow by 6,972.08 thousand tons from 2022 to 2027. However, the growth momentum of the market is estimated to decelerate at a CAGR of 1.88%, according to Technavio - Request latest PDF sample report

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The tapioca market report also covers the following areas:

• Porter's five forces analysis
• Customer landscape
• Market trends

• Type
• Fresh
• Dried

• Application
• Animal feed: The animal feed segment will grow at a significant rate during the forecast period. Tapioca is less expensive when compared to other starches. It is fed to animals such as swine and poultry in the form of pulp, meal, and pellets. The demand for cassava and tapioca feeds has increased due to a rise in the price of maize and other animal feed raw materials. Thus, the increasing use of tapioca in animal feed will drive the growth of the animal feed segment during the forecast period.
• Food and beverage
• Industrial

• Region
• APAC: APAC is estimated to account for 55% of the growth of the global market during the forecast period. China is one of the world's largest importers of tapioca products, such as tapioca chips and tapioca flour. Thailand and Vietnam are the largest exporters of tapioca globally. China, Thailand, Indonesia, Vietnam, and India are the leading countries in the region. Moreover, the demand for tapioca products is increasing in countries such as Japan, Cambodia, and the Philippines. All these factors will drive the growth of the tapioca market in the region during the forecast period. 
• China
• India
• North America 
• US
• Canada
• Europe 
• UK
• Germany
• France
• Rest of Europe
• Middle East and Africa 
• Saudi Arabia
• South Africa
• Rest of the Middle East and Africa
• South America 
• Chile
• Brazil
• Argentina

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, Tereos Group, Venus Starch Suppliers, and Tate and Lyle Plc are among some of the major market participants.

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What are the key data covered in the tapioca market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the tapioca market between 2023 and 2027
• Precise estimation of the size of the tapioca market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the tapioca market across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of tapioca market vendors

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Tapioca Market Scope

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1 Executive Summary 

1.1 Market overview 

Exhibit 01: Executive Summary – Chart on Market Overview 

Exhibit 02: Executive Summary – Data Table on Market Overview

Exhibit 03: Executive Summary – Chart on Global Market Characteristics 

Exhibit 04: Executive Summary – Chart on Market by Geography 

Exhibit 05: Executive Summary – Chart on Market Segmentation by Application 

Exhibit 06: Executive Summary – Chart on Market Segmentation by Type

Exhibit 07: Executive Summary – Chart on Incremental Growth 

Exhibit 08: Executive Summary – Data Table on Incremental Growth 

Exhibit 09: Executive Summary – Chart on Vendor Market Positioning 

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market 

Exhibit 11: Market Characteristics 

3 Market Sizing 

3.1 Market definition 

Exhibit 12: Offerings of vendors included in the market definition 

3.2 Market segment analysis 

Exhibit 13: Market segments 

3.3 Market size 2022 

3.4 Market outlook: Forecast for 2022-2027 

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand t) 

Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand t) 

Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)

Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%) 

4 Historic Market Size 

4.1 Global tapioca market 2017 - 2021 

Exhibit 18: Historic Market Size – Data Table on Global tapioca market 2017 - 2021 (thousand t) 

4.2 Application Segment Analysis 2017 - 2021 

Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (thousand t) 

4.3 Type Segment Analysis 2017 - 2021 

Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 (thousand t)

4.4 Geography Segment Analysis 2017 - 2021 

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (thousand t) 

4.5 Country Segment Analysis 2017 - 2021 

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand t) 

5 Five Forces Analysis 

5.1 Five forces summary 

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027 

5.2 Bargaining power of buyers 

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027 

5.3 Bargaining power of suppliers 

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027 

5.4 Threat of new entrants 

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027 

5.5 Threat of substitutes 

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027 

5.6 Threat of rivalry 

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027 

5.7 Market condition 

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027 

6 Market Segmentation by Application 

6.1 Market segments 

Exhibit 30: Chart on Application - Market share 2022-2027 (%) 

Exhibit 31: Data Table on Application - Market share 2022-2027 (%) 

6.2 Comparison by Application 

Exhibit 32: Chart on Comparison by Application 

Exhibit 33: Data Table on Comparison by Application 

6.3 Animal feed - Market size and forecast 2022-2027 

Exhibit 34: Chart on Animal feed - Market size and forecast 2022-2027 (thousand t)

Exhibit 35: Data Table on Animal feed - Market size and forecast 2022-2027 (thousand t)

Exhibit 36: Chart on Animal feed - Year-over-year growth 2022-2027 (%) 

Exhibit 37: Data Table on Animal feed - Year-over-year growth 2022-2027 (%) 

6.4 Food and beverage - Market size and forecast 2022-2027 

Exhibit 38: Chart on Food and beverage - Market size and forecast 2022-2027 (thousand t)  61

Exhibit 39: Data Table on Food and beverage - Market size and forecast 2022-2027 (thousand t) 

Exhibit 40: Chart on Food and beverage - Year-over-year growth 2022-2027 (%) 

Exhibit 41: Data Table on Food and beverage - Year-over-year growth 2022-2027 (%) 

6.5 Industrial - Market size and forecast 2022-2027 

Exhibit 42: Chart on Industrial - Market size and forecast 2022-2027 (thousand t) 

Exhibit 43: Data Table on Industrial - Market size and forecast 2022-2027 (thousand t) 

Exhibit 44: Chart on Industrial - Year-over-year growth 2022-2027 (%) 

Exhibit 45: Data Table on Industrial - Year-over-year growth 2022-2027 (%) 

6.6 Market opportunity by Application 

Exhibit 46: Market opportunity by Application (thousand t) 

7 Market Segmentation by Type 

7.1 Market segments 

Exhibit 47: Chart on Type - Market share 2022-2027 (%) 

Exhibit 48: Data Table on Type - Market share 2022-2027 (%) 

7.2 Comparison by Type 

Exhibit 49: Chart on Comparison by Type 

Exhibit 50: Data Table on Comparison by Type 

7.3 Fresh - Market size and forecast 2022-2027 

Exhibit 51: Chart on Fresh - Market size and forecast 2022-2027 (thousand t) 

Exhibit 52: Data Table on Fresh - Market size and forecast 2022-2027 (thousand t) 

Exhibit 53: Chart on Fresh - Year-over-year growth 2022-2027 (%)

Exhibit 54: Data Table on Fresh - Year-over-year growth 2022-2027 (%) 

7.4 Dried - Market size and forecast 2022-2027 

Exhibit 55: Chart on Dried - Market size and forecast 2022-2027 (thousand t) 

Exhibit 56: Data Table on Dried - Market size and forecast 2022-2027 (thousand t) 

Exhibit 57: Chart on Dried - Year-over-year growth 2022-2027 (%)

Exhibit 58: Data Table on Dried - Year-over-year growth 2022-2027 (%) 

7.5 Market opportunity by Type 

Exhibit 59: Market opportunity by Type (thousand t)

8 Customer Landscape 

8.1 Customer landscape overview 

Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria 

9 Geographic Landscape 

9.1 Geographic segmentation 

Exhibit 61: Chart on Market share by geography 2022-2027 (%) 

Exhibit 62: Data Table on Market share by geography 2022-2027 (%) 

9.2 Geographic comparison 

Exhibit 63: Chart on Geographic comparison 

Exhibit 64: Data Table on Geographic comparison 

9.3 APAC - Market size and forecast 2022-2027 

Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 (thousand t) 

Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 (thousand t) 

Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%) 

Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%) 

9.4 Europe - Market size and forecast 2022-2027 

Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 (thousand t) 

Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 (thousand t) 

Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%) 

Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 North America - Market size and forecast 2022-2027 

Exhibit 73: Chart on North America - Market size and forecast 2022-2027 (thousand t) 

Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 (thousand t) 

Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%) 

Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%) 

9.6 South America - Market size and forecast 2022-2027 

Exhibit 77: Chart on South America - Market size and forecast 2022-2027 (thousand t) 

Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 (thousand t) 

Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%) 

Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027 

Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)

Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand t) 

Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) 

Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 China - Market size and forecast 2022-2027 

Exhibit 85: Chart on China - Market size and forecast 2022-2027 (thousand t) 

Exhibit 86: Data Table on China - Market size and forecast 2022-2027 (thousand t) 

Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)

Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%) 

9.9 US - Market size and forecast 2022-2027 

Exhibit 89: Chart on US - Market size and forecast 2022-2027 (thousand t) 

Exhibit 90: Data Table on US - Market size and forecast 2022-2027 (thousand t) 

Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%) 

Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%) 

9.10 France - Market size and forecast 2022-2027 

Exhibit 93: Chart on France - Market size and forecast 2022-2027 (thousand t) 

Exhibit 94: Data Table on France - Market size and forecast 2022-2027 (thousand t) 

Exhibit 95: Chart on France - Year-over-year growth 2022-2027 (%) 

Exhibit 96: Data Table on France - Year-over-year growth 2022-2027 (%) 

9.11 Thailand - Market size and forecast 2022-2027

Exhibit 97: Chart on Thailand - Market size and forecast 2022-2027 (thousand t) 

Exhibit 98: Data Table on Thailand - Market size and forecast 2022-2027 (thousand t) 

Exhibit 99: Chart on Thailand - Year-over-year growth 2022-2027 (%) 

Exhibit 100: Data Table on Thailand - Year-over-year growth 2022-2027 (%) 

9.12 Indonesia - Market size and forecast 2022-2027 

Exhibit 101: Chart on Indonesia - Market size and forecast 2022-2027 (thousand t) 

Exhibit 102: Data Table on Indonesia - Market size and forecast 2022-2027 (thousand t) 

Exhibit 103: Chart on Indonesia - Year-over-year growth 2022-2027 (%) 

Exhibit 104: Data Table on Indonesia - Year-over-year growth 2022-2027 (%) 

9.13 Market opportunity by geography 

Exhibit 105: Market opportunity by geography (thousand t) 

10 Drivers, Challenges, and Trends 

10.1 Market drivers 

10.2 Market challenges 

10.3 Impact of drivers and challenges 

Exhibit 106: Impact of drivers and challenges in 2022 and 2027 

10.4 Market trends 

11 Vendor Landscape 

11.1 Overview

11.2 Vendor landscape 

Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption 

Exhibit 108: Overview on factors of disruption 

11.4 Industry risks 

Exhibit 109: Impact of key risks on business 

12 Vendor Analysis 

12.1 Vendors covered

Exhibit 110: Vendors covered

12.2 Market positioning of vendors 

Exhibit 111: Matrix on vendor position and classification 

12.3 American Key Products Inc. 

Exhibit 112: American Key Products Inc. - Overview

Exhibit 113: American Key Products Inc. - Product / Service 

Exhibit 114: American Key Products Inc. - Key offerings 

12.4 Authentic Foods 

Exhibit 115: Authentic Foods - Overview 

Exhibit 116: Authentic Foods - Product / Service 

Exhibit 117: Authentic Foods - Key offerings

12.5 Cargill Inc. 

Exhibit 118: Cargill Inc. - Overview 

Exhibit 119: Cargill Inc. - Product / Service 

Exhibit 120: Cargill Inc. - Key news 

Exhibit 121: Cargill Inc. - Key offerings 

12.6 Ciranda Inc. 

Exhibit 122: Ciranda Inc. - Overview

Exhibit 123: Ciranda Inc. - Product / Service

Exhibit 124: Ciranda Inc. - Key offerings 

12.7 Ekta International 

Exhibit 125: Ekta International - Overview 

Exhibit 126: Ekta International - Product / Service 

Exhibit 127: Ekta International - Key offerings 

12.8 Emsland Starke GmbH 

Exhibit 128: Emsland Starke GmbH - Overview 

Exhibit 129: Emsland Starke GmbH - Product / Service 

Exhibit 130: Emsland Starke GmbH - Key offerings 

12.9 Hunan Kang pharmaceutical Ltd. 

Exhibit 131: Hunan Kang pharmaceutical Ltd. - Overview 

Exhibit 132: Hunan Kang pharmaceutical Ltd. - Product / Service 

Exhibit 133: Hunan Kang pharmaceutical Ltd. - Key offerings 

12.10 Ingredion Inc. 

Exhibit 134: Ingredion Inc. - Overview 

Exhibit 135: Ingredion Inc. - Business segments 

Exhibit 136: Ingredion Inc. - Key news 

Exhibit 137: Ingredion Inc. - Key offerings 

Exhibit 138: Ingredion Inc. - Segment focus 

12.11 KengSeng Group of Co. 

Exhibit 139: KengSeng Group of Co. - Overview 

Exhibit 140: KengSeng Group of Co. - Product / Service 

Exhibit 141: KengSeng Group of Co. - Key offerings

12.12 Parchem Fine and Specialty Chemicals Inc. 

Exhibit 142: Parchem Fine and Specialty Chemicals Inc. - Overview 

Exhibit 143: Parchem Fine and Specialty Chemicals Inc. - Product / Service 

Exhibit 144: Parchem Fine and Specialty Chemicals Inc. - Key offerings 

12.13 PT Budi Starch and Sweetener Tbk 

Exhibit 145: PT Budi Starch and Sweetener Tbk - Overview 

Exhibit 146: PT Budi Starch and Sweetener Tbk - Product / Service 

Exhibit 147: PT Budi Starch and Sweetener Tbk - Key offerings 

12.14 Royal Ingredients Group BV 

Exhibit 148: Royal Ingredients Group BV - Overview 

Exhibit 149: Royal Ingredients Group BV - Product / Service 

Exhibit 150: Royal Ingredients Group BV - Key offerings 

12.15 Sonish Starch Technology Co. Ltd. 

Exhibit 151: Sonish Starch Technology Co. Ltd. - Overview

Exhibit 152: Sonish Starch Technology Co. Ltd. - Product / Service

Exhibit 153: Sonish Starch Technology Co. Ltd. - Key offerings 

12.16 SPAC Starch Products India Pvt. Ltd. 

Exhibit 154: SPAC Starch Products India Pvt. Ltd. - Overview 

Exhibit 155: SPAC Starch Products India Pvt. Ltd. - Product / Service 

Exhibit 156: SPAC Starch Products India Pvt. Ltd. - Key offerings 

12.17 Tapioca Vietnam 

Exhibit 157: Tapioca Vietnam - Overview 

Exhibit 158: Tapioca Vietnam - Product / Service 

Exhibit 159: Tapioca Vietnam - Key offerings 

13 Appendix 

13.1 Scope of the report 

13.2 Inclusions and exclusions checklist 

Exhibit 160: Inclusions checklist 

Exhibit 161: Exclusions checklist 

13.3 Currency conversion rates for US$ 

Exhibit 162: Currency conversion rates for US$ 

13.4 Research methodology 

Exhibit 163: Research methodology 

Exhibit 164: Validation techniques employed for market sizing 

Exhibit 165: Information sources 

13.5 List of abbreviations 

Exhibit 166: List of abbreviations 

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