Cassava Market Overview
The Cassava Market size was valued at USD 46.99 Bn. in 2024 and the total Global Cassava revenue is expected to grow at a CAGR of 3.8 % from 2025 to 2032, reaching nearly USD 63.32 Bn. by 2032. This surge is attributed to increasing demand for cassava in various applications, including food, animal feed, and industrial uses, as well as its role in food security and economic development in tropical regions.
Cassava, a versatile root crop, is gaining prominence due to its adaptability to diverse climatic conditions and its utility in producing a range of products such as flour, starch, and biofuels. The market's expansion is further fueled by technological advancements in cassava processing and the growing emphasis on sustainable agricultural practices.
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Cassava Market Scope and Methodology
The report offers an in-depth analysis of the Cassava Market, encompassing qualitative and quantitative data to understand market dynamics, trends, and competitive structures. It employs tools like Porter's Five Forces Model and PESTEL Analysis to assess market competitiveness and external factors influencing the industry.
Cassava Market Regional Insights
The Asia-Pacific region dominates the global cassava market, driven by high production and consumption in countries like Thailand, Indonesia, and Vietnam. Africa also holds a significant share, with Nigeria being one of the largest producers globally. The market in Latin America is growing steadily, supported by increasing demand for cassava-based products.
Cassava Market Segmentation
By Product:
Fresh Cassava Roots: Consumed directly or processed into various food products.
Cassava Starch: Used in food, textile, and paper industries.
Cassava Flour: A gluten-free alternative in baking and cooking.
Others: Includes cassava chips, pellets, and bioethanol.
By Application:
Food Beverages: Cassava is a staple food and used in snacks, bakery products, and beverages.
Animal Feed: Cassava by-products serve as a cost-effective feed ingredient.
Industrial: Utilized in producing biofuels, adhesives, and biodegradable plastics.
Cassava Market Key Players
The market features several prominent players focusing on product innovation and strategic partnerships:
Ingredion Incorporated
Cargill, Incorporated
ADM (Archer Daniels Midland Company)
Avebe U.A.
Tate Lyle PLC
Emsland Group
Roquette Frères
Grain Processing Corporation
Parchem Fine Specialty Chemicals
SPAC Starch Products (India) Ltd.
Cassava Market Key Questions Addressed
What are the primary drivers of growth in the Cassava Market?
How do regional preferences impact market dynamics?
Which product segments are expected to witness the highest growth?
Who are the leading market players, and what strategies are they adopting?
Cassava Market Key Offerings
The report provides comprehensive insights into market trends, segmentation, regional analysis, and competitive landscapes. It serves as a valuable resource for stakeholders aiming to understand market opportunities and challenges.
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