Functional Tapioca Flour Market

Market Outlook: Functional Tapioca Flour

Functional tapioca flour is starch used for cooking purposes. It is extracted from the cassava root by washing and pulping the flour. Functional tapioca flour is mostly used in north and central west regions of Latin America and is also consumed as a staple food in many countries.

Functional tapioca flour mainly contains carbohydrates and is low in saturated fat, protein and sodium. Functional tapioca flour is gluten-free and low in calories and thus, it is widely used as a key ingredient in cooking and baking of gluten-free products.

Functional tapioca flour finds applications in making of puddings, yogurts, jellies, sauces and crock-pot recipes without the use of regular all-purpose flour. It is also used to make flatbreads, crusts, cakes, cookies, chips, tortillas and a milky-white liquid that’s similar to coconut or dairy milk.

It is also useful for consumers on paleo diet, FODMAP diet or autoimmune protocol as functional tapioca flour is grain-free, nut-free, dairy-free, vegan, seed-free, gluten-free and sugar-free and also easy for digestion. Due to increasing demand for gluten-free products in the market, functional tapioca flour manufacturers will witness good opportunities in the Asia and North America markets.

Increasing Demand for Gluten-Free Products Leading to Expanding Market for Functional Tapioca Flour

Awareness about healthy foods is growing with every passing day. Staying fit while also enjoying good food is the main preference of most people. There are a lot of new diet plans trending in the market. Most of them rely on gluten-free diets and thus, the demand for functional tapioca flour is increasing in the global market as a non-gluten, non-GMO (genetically modified organisms) and non-allergenic ingredient. Production of cassava plant is more concentrated in Africa, South Asia and South America. Functional tapioca flour also witnesses high demand in the north and central-west regions of South America owing to which it registers high consumption in the region.

People with digestive issues prefer a gluten-free diet and functional tapioca flour is a great substitute for it. Functional tapioca flour is used as a key ingredient in puddings, yogurts, jellies, sauces and crock-pot recipes.

In addition, functional tapioca flour is also used as a sweetener in unsweetened bakery products. Functional tapioca flour is also used for industrial purposes as it has many unique properties, such as paste clarity, higher viscosity, freeze-thaw stability and others.

 Global Functional Tapioca Flour market: Segmentation

On the basis of nature	Organic Functional Tapioca Flour Conventional Functional Tapioca Flour
On the basis of end users	Food Processing Industry Retailing/Household Industry
On the basis of sales channel	Business to Business Business to Consumers Hypermarkets/Supermarkets Food & Drinks Specialty Stores Convenience Stores Online Retail Others
On the basis of region	North America Latin America Europe South Asia East Asia Oceania Middle East & Africa

Global Functional Tapioca Flour Market: Key Players

Some of the key players identified across the value chain of the global functional tapioca flour market are SPAC (Starch Product India Ltd.), Vaighai Agro Products, Matna Foods Ltd., Thai German Processing Co. Ltd., Psaltry International Limited, TAPIOCA VIETNAM Company, Amstel Products bv, Cassava S/A, Lantus Foods Ltd and Keng Seng Group of Companies, amongst others. The key players are focusing on tapping market opportunities through new product development, mergers & acquisition, expansions & investments. The new product launches are focused

Opportunities for Participants in Functional Tapioca Flour Market

Functional tapioca flour witnesses high demand in the global market as food manufacturers are using it as a key functional ingredient in bakery products, confectioneries, jams and jellies, caramel-based products and others. In addition, the demand for functional tapioca flour, as a stabilizing agent, is also increasing among beverage manufacturers.

Brief Approach to Research

Our analysis will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved
• Technology
• Value Chain
• Market Drivers and Restraints

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
• Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Poland, and Rest of Europe)
• East Asia (Japan, South Korea, and China)
• South Asia (India, Indonesia, Malaysia, Philippines, Thailand, Rest of South Asia)
• Oceania (Australia, and New Zealand)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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