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Cassava Market worth $6.87 billion by 2030, growing at a CAGR of 6.84% - Exclusive Report by 360iResearch
Cassava Market | 360iResearch
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Cassava, also called manioc, yuca, or tapioca, is a significant starchy root vegetable primarily grown in tropical regions such as Africa, Asia, and Latin America, offering products including cassava roots, starch, chips, and flour, meeting diverse industry needs like food and beverages, pharmaceuticals, animal feed, textiles, and biofuels. Its high tolerance to drought and poor soils makes it crucial for food security in tropical areas, serving as a vital carbohydrate source where other crops might not thrive. Cassava derivatives find applications in food products such as bread, noodles, and gluten-free alternatives, pharmaceuticals as binding agents, animal feed, textile processing, biofuel production, as well as in manufacturing adhesives and glues. The end-use spans household consumption, industrial uses in food processing, pharmaceuticals, textiles, and agriculture through its residual biomass. Market growth is influenced by rising demand for gluten-free products, government food security initiatives, technological advancements in processing, expanding industrial applications, and sustainability trends due to its low environmental impact. Potential opportunities include biofuel sector expansion, market penetration in Western regions, innovative cassava-based products, and improved farming technologies. However, challenges such as dependency on climate conditions, susceptibility to pests and diseases, processing and storage issues, and competition from other carbohydrate sources affect market growth. Innovation and research areas include biofortification for enhanced nutritional content, advanced processing technology, integrated pest management, sustainable cultivation practices, and creating value-added products like ready-to-eat meals and health snacks. The cassava market is dynamic and resilient, driven by domestic needs in developing countries and expanding industrial applications, with a growing scope for innovation. Recommendations for market players involve diversifying applications, investing in R&D, conducting educational campaigns for market expansion, establishing strategic partnerships, and aligning with sustainability trends to attract eco-conscious consumers and investors.
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Market Segmentation & Coverage:
This research report categorizes the Cassava Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Cassava Root, Cassava Starch, and Dried Cassava Leaves.
Based on Type, market is studied across Conventional and Organic.
Based on Variety, market is studied across Bitter Cassava and Sweet Cassava.
Based on End-Use, market is studied across Animal Feed, Food & Beverage, and Paper Processing.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Cassava Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Banpong Tapioca, Cargill Inc., Chol Charoen Group, Chorchaiwat Industry Company Limited, Dadtco Philafrica B.V., Ekta International, Ingredion Incorporated, Keng Seng Group of Companies, Lentus Foods and Agro Ltd., Matna Food Ltd., Mhogo Foods Ltd., Otto's Naturals, Psaltry International Limited, ROI ET Group, Roquette Frères S.A., SPAC Starch Products (India) Private Limited, Sungai Budi Group, TAPIOCA VIETNAM Company, Tate & Lyle PLC, Tereos Group, Thanawat Group, The Dutch Agricultural Development & Trading Company BV, Vedan International (Holdings) Limited, Venus Starch Industries, Visco Starch, and Woodland Foods, Ltd..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Cassava Market, by Product
7. Cassava Market, by Type
8. Cassava Market, by Variety
9. Cassava Market, by End-Use
10. Americas Cassava Market
11. Asia-Pacific Cassava Market
12. Europe, Middle East & Africa Cassava Market
13. Competitive Landscape
14. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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