"Market Intelligence that Adds Flavour to Your Success"

Manioc Powder Market Size, Share & Industry Analysis, By Type (Organic, Conventional), By Application (Food and Beverage, Bakery and Confectionery, Dairy Products, Savory Snacks, Others (Sweets, Beverages, and Others), Animal Feed) and regional Forecast, 2024-2032

Region : Global | Report ID: FBI103830 | Status : Ongoing

 

KEY MARKET INSIGHTS

Manioc powder is widely known as cassava flour which is produced from fresh cassava tubers and widely used in the food processing industry instead of wheat and rice flour. Manioc powder is suitable for partial or complete replacement of wheat flour, because of its high yield, low cost of production, and unique functional properties. Manioc powder is considered as a great source of starch, which is the main source of carbohydrates and some essential dietary fibers. The increasing popularity of manioc powder as an alternative for wheat and rice flour is expected to drive the global market of manioc powder in the upcoming years.


The increasing utilization of manioc powder in the processed food industry and animal feed industry is projected to propel the market growth in forthcoming years. The high nutritional content of manioc powder is also predicted to be a favorable factor for market growth. For instance, manioc powder is a rich source of iron, sodium, calcium, potassium, and other ingredients. Manioc powder is also used as a sweetener in the preparation of processed food products. The prominent industry players are embarking upon the gluten-free manioc powder launches to fulfill the high consumer demand for gluten-free flour.

One of the most popular uses of manioc powder is to replace wheat flour for bakery applications because of its special characteristics. Manioc powder is rich in a variety of nutrients, including fibers, vitamins, and minerals, and is widely used in the feed and processed food industry. Manioc powder is deficient in gluten and hence widely used in the preparation of gluten-free or gluten deficient processed food products. Furthermore, the addition of manioc powder as a composite for the production of foods such as noodles, breakfast cereals, cookies, bread, cakes, pastries, muffins, and doughnuts could reduce the production costs. The manioc powder is extensively utilized in the production of baked products such as bread, cakes, and pastries. Manioc powder is widely used as a thickener in processed food products such as soups, baby food, and frozen sweets.

The production of manioc powder majorly depends on the availability and price of the raw material. The obstacles such as increasing raw material prices, low-quality raw material, and others have a direct impact on the production of manioc powder. The fluctuating raw material prices are anticipated to restraint the market growth in forthcoming years.  

Key Market Driver -

Increasing Utilization of Manioc Powder in Bakery Products

Key Market Restraint -

Fluctuating Prices of Raw Material


Key Players Covered:


The prominent players operating in the global manioc powder market are Healthy Foods, American Key Food Products, Mhogo Foods, Tapioca Vietnam, Woodland Foods, Psaltry International Limited, Otto’s Naturals, Dadtco Philafrica B.V., and Others.

The organic manioc powder is anticipated to hold a significant share in the global market of manioc powder. The rising awareness about the health benefits of organic manioc powder consumption is expected to propel the sales of organic manioc powder. The increasing utilization of organic manioc powder by the processed food industry is anticipated to drive the market in forthcoming years. For instance, in February 2020, Forager Project, US-based brand announced the launch of Organic Grain-free Os Cereal made using a blend of manioc powder and navy beans. The product is available in three variants viz, Plain, Cinnamon, and Chocolate.

The bakery and confectionery segment is expected to witness considerable growth in the global manioc powder market. The manioc powder is extensively utilized in the bakery and confectionary industry as an alternative to the wheat flour. The growing demand for healthy food products is increasing the demand for manioc powder owing to its gluten-free and nutrient-rich properties. The manioc powder is extensively mixed with the wheat flour in various concentrations, which improves the nutritional content of bakery products. Furthermore, manioc powder is also used as a sweetener in the preparation of various sweets and frozen desserts.

Regional Analysis:


The Middle East and Africa is anticipated to hold a significant share in the global market of manioc powder. The abundant availability of raw material in this region is the main factor to create opportunities for manioc powder manufacturers to grow in the market place. Nigeria is the world’s largest producer of cassava (raw material required for the preparation of manioc powder). The cultivation of cassava plays a crucial role in the agricultural sector in sub-Saharan Africa. The high-profit margin attributed to the cultivation of cassava is anticipated to leverage the market growth of manioc powder within the region positively. Furthermore, Asia Pacific is predicted to witness considerable growth in the global manioc powder market. The large scale cultivation of cassava in Asian Countries such as Thailand, Indonesia, and China coupled with expanding the food industry across these countries is expected to bring new openings for the manioc powder producers which is anticipated to propel the market growth.

North America is expected to witness considerable growth in the global manioc powder market. The rapid expansion of the food and beverage industry and increased utilization of manioc powder are the major pillars that drive the manioc powder market within the region. The increasing number of gluten-intolerant population within the region is expected to impact the market growth positively. The increasing demand for healthy baked goods within the region is expected to leverage the manioc powder market positively because of its low in calorie content and high fiber content.

To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE

  DETAILS

By Type



  • Organic

  • Conventional



By Application



  • Food and Beverage



  • Bakery and Confectionery

  • Dairy Products

  • Savory Snacks

  • Others (Sweets, Beverages, and Others)



  • Animal Feed



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments:



  • In January 2020, Campbell Soup Company announced the launch of No-grain Tortilla Chips. The product is made with the tigurnut, cassava flour and chia seeds.

  • In April 2018, Chorchaiwat Industry Company Limited, Thai Firm, announced the launch of its Sava flour, to the Thai market. Sava flour is gluten free all-purpose flour made from cassava and can be used for baking and cooking. 


  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Food & Beverages Clients

Owens
Daesang
Ferrero
BCG
Mckinsey

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X