Global Manioc Powder Market Development Status & Regional Expansion Forecasted until 2025

Market Research Hub (MRH) has added a new research study titled “Global Manioc Powder Market Insights, Forecast to 2025”, to its broad online repository which discusses the overall market size as well as revenue share managed by prime geographies and players active in the manioc powder market. This analysis also focuses on a variety of influencing factors such as competition landscape, growth rate, market drivers, future trends, opportunities and challenges, which tend to transform the concerned market in the coming years.

Manioc powder is prepared from the tuberous root of the Manihot esculenta plant. This particular plant is inherent to Southern and Central America. The usage of manioc powder by native Americans is quite common, and many Latin American cultures have been using this plant powder for a variety of traditional recipes. It should be known that, the flour holds a coarse and mealy texture merged with a nutty flavor which is quite distinctive. The global market for manioc powder is steadily growing with the involvement of new manufacturers taking keen interest in this sector.

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Asia Pacific is known to manage the largest market share in the manioc flour market. This is due to the significant market share enjoyed by countries like China, Vietnam, Thailand and others which are tagged as global exporters & consumers of manioc flour. Both Thailand and Vietnam are among the prominent manioc flour exporters. Interestingly, the market across Africa has a noteworthy market share globally and is projected to grow at an impressive CAGR during the forecast period. The demand for manioc flour in Africa is due to countries like Nigeria, Ghana and Mozambique, known as the leading regions in making manioc flours in the continent.

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Market segmentation on the basis of type includes sweet manioc powder and bitter manioc powder. Further, the prime applications examined in the report are household use and commercial use. Later on, the various contributors that are part of the value chain of manioc powder including manufacturers, distributors, intermediaries, suppliers and customers are discussed. Some of the key manufacturers of Manioc Powder are also examined in this report which include names like Otto'S Naturals, XNY Farms, Binhngoc JSC, Dareslauf, Young Franco Nigeria, Advance Flour, Theophade Manufacturers, Agro Trade International, JNC Corp and Moeljantini Hardjo. Furthermore, the competitive developments like expansions, new product launches, agreements and acquisitions in the market are also analyzed. Also, the strategical profiles of key players together with their growth strategies is precisely highlighted for the benefit of the readers.

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This release was published on openPR.