The Latin America, Middle East and Africa Organic Cassava Starch Market would witness market growth of 6.1% CAGR during the forecast period (2024-2031).
In the organic cassava starch market, the textile industry is an important end-use sector, utilizing organic cassava starch primarily as a sizing agent, thickener, and finishing agent. Organic cassava starch offers a sustainable alternative to synthetic chemicals used in textile processing, aligning with the growing demand for eco-friendly and organic products. Thus, the Brazil market registered a consumption of 1,153.17 tonnes in 2023.
The Brazil market dominated the LAMEA Organic Cassava Starch Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $80.3 Million by 2031. The Argentina market is showcasing a CAGR of 7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 4.2% during (2024 - 2031).
The market is experiencing significant trends driven by consumer preferences, industry innovations, and sustainability initiatives. The surge in gluten intolerance and the popularity of vegan diets drive the use of this starch in gluten-free baking, snacks, and plant-based food products. This starch offers excellent thickening, binding, and stabilizing properties, making it suitable for various food applications, including soups, sauces, dairy products, and beverages.
Advances in processing methods are improving the efficiency and quality of this starch extraction, enhancing its functional performance and versatility in various applications. Innovation in product formulations, such as biodegradable packaging materials and pharmaceutical excipients, is expanding the market potential of this starch beyond traditional food and beverage uses.
Saudi Arabia’s pharmaceutical industry requires high-quality excipients for drug formulations, including binders, disintegrants, and fillers. This starch, known for its natural origin and functional properties, is increasingly used as a preferred excipient due to its non-allergenic nature and regulatory compliance with Saudi Arabian standards for pharmaceutical ingredients. As per the International Trade Administration (ITA), Saudi Arabia accounts for nearly 60 percent of pharmaceutical purchases in the GCC. Saudi Arabia’s pharmaceutical industry was valued at 11.72 billion USD (SR44 billion) in 2022 and is expected to reach 15.09 billion USD (SR56.6 billion) by 2027 with a growth rate of 5.2 percent. In Saudi Arabia, this starch is utilized to produce nutraceuticals and dietary supplements. Its ability to enhance product stability, solubility, and bioavailability makes it an ideal ingredient for encapsulated formulations, tablets, and powders, catering to the growing consumer interest in health and wellness products across the Kingdom. Hence, growing chemical industry and rising pharmaceutical sector in the region is driving the growth of the market.
Free Valuable Insights: The Worldwide Organic Cassava Starch Market is Projected to reach USD 3.7 Billion by 2031, at a CAGR of 3.8%
Based on Type, the market is segmented into Native, and Pre-gelatinized. Based on End-use Industry, the market is segmented into Food Processing, Chemical & Pharmaceutical, Textile, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type (Volume, Tonnes, USD Billion, 2020-2031)
By End-use Industry (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)
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