Granulated Tapioca Market Size is likely to surge at a vigorous 4% to 5% CAGR during the assessment period 2022-2032. With 1000+ market research reports and 1 billion+ data points, Future Market Insights (FMI) serves each and every requirement of the clients operating in the global packaging industry.
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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Granulated Tapioca market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
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The granulated tapioca market refers to the market for tapioca in the form of small pearls or granules, which is used as a thickener or as a substitute for cornstarch in various food applications. Tapioca pearls are made from cassava, a starchy root vegetable that grows in tropical climates, and are a staple food in many countries.
In recent years, there has been a growing demand for tapioca products globally, due to the increasing popularity of food and beverage items that contain tapioca, such as boba tea and pudding. In addition, the gluten-free and vegan movements have also contributed to the growth of the tapioca market, as tapioca is naturally gluten-free and can be used as a substitute for animal-based products in vegan dishes.
However, the tapioca market is facing challenges such as a lack of standardization in quality and inconsistent supply, as well as competition from other alternative thickening agents, such as cornstarch and potato starch.
Despite these challenges, the tapioca market is expected to continue its growth in the coming years, driven by increasing demand from the food and beverage industry, as well as from the health-conscious consumers who are looking for alternative ingredients that are free from gluten and animal products.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Granulated Tapioca market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Granulated Tapioca Market: Segmentation
By Nature:
- Organic
- Synthetic
By Packaging:
- Stand-up Pouches
- Jars
- Tetra Pak
By Function:
- Thickening Agent
- Texturizer
By Application:
- Pudding
- Bubble Gum
- Tea
- Candies and Desserts
- Soups and Gravies
- Pie Fillings
- Sweet Soups
- Others
By Distribution Channel:
- Direct Sales (B2B)
- Indirect Sales (B2C)
- Hypermarkets/ Supermarkets
- Online Stores
- Specialty Stores
- Other Retailers
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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Granulated Tapioca Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Granulated Tapioca market. Competitive information detailed in the Granulated Tapioca market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Granulated Tapioca market report.
Key players covered in the report include:
Some of the leading players in the granulated tapioca market are Edward and Sons, WinCrest BulkFoods, COMBRASIL, Amafil, YOKI, Red Hill General Stores, Inc., Larissa Veronica, Kauffman’s Fruit Farm, Choice Tropical, LLC, Varies, Pa Dutch Food & Candy Company, and others.
Important Questions Answered in the Granulated Tapioca Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Granulated Tapioca market been expanding during the forecast period?
- How will the global Granulated Tapioca market look like by the end of the forecast period?
- What innovative strategies are adopted by Granulated Tapioca market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Granulated Tapioca market?
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