In 2023, the import of manioc starch to Canada stood at approximately 5.98 million USD. The forecasted data from 2024 to 2028 shows a steady increase in the import value, starting at 6.0836 million USD in 2024 and rising to 6.5162 million USD by 2028. The projected year-on-year growth rates from 2024 to 2028 vary modestly, indicating a stable demand and supply scenario. The compound annual growth rate (CAGR) over the forecast period is around 1.68%, which suggests a consistent market expansion for manioc starch imports.
Future trends to watch for include:
- Changes in consumer preferences towards gluten-free and alternative starch sources that may drive demand.
- Potential trade policy adjustments affecting import dynamics.
- Innovations in product applications that could stimulate growth in the industrial or dietary sectors.