Global Cassava Leaves Market - 2023-2030

Global Cassava Leaves Market - 2023-2030

Market Overview

The global cassava leaves market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 4.2% during the forecast period (2023-2030).

Cassava leaves are used in traditional medicines and eaten as green vegetables. They are also used as an ingredient in traditional sauces like saka-saka. Cassava leaves are an interesting source of nutrients such as proteins, vitamin A, vitamin C and fibers. A cassava leaf contains vitamin C, a potent antioxidant that lowers the risk of cancer, heart attacks and other diseases.

B vitamins are also beneficial for metabolism, energy and mood. Beta Carotene which is a powerful antioxidant that prevents cancer and prevents and repairs DNA damage. An increase in consumers’ awareness about the consumption of cassava leaves helps to boost the market growth in the forecast period.

Market Dynamics

An Increase in the Health Benefits Awareness of Consuming Cassava Leaves Helps to Boost the Market Growth

Cassava leaves help to prevent premature aging. Because they contain the powerful chemical isoflavone, cassava leaves are useful in the treatment of stroke. High vitamin C levels contribute to improved endurance. The eating of cassava leaves helps to maintain personal cleanliness by removing numerous ailments.

Cassava leaves possess a high amount of magnesium which helps to lower the blood pressure level and eliminates the risk of rheumatic diseases. The cassava leaves are rich in folate and vitamin C, which support a stronger immune system. Vitamin C helps to eliminate bacteria and viruses. The cassava leaves also aid to preserve bone health. The antioxidant aids in the body's elimination of free radicals.

Folate helps to enhance cell production by assisting in the genetic material for life and avoiding DNA mutations. These health benefits of cassava leaves help to boost the market growth in the forecast period.

Increasing Industrial Applications of Cassava Leaves Help to Boost the Market Growth

Cassava leaves are consumed as a vegetable in at least 60% of countries in sub-Saharan Africa and some Asian countries such as Indonesia, the Philippines and MalaysCassavasava leaves are used in a wide range of foods. Cassava leaves are used in various types of medications. It is also used ie biscuit manufacturing. Dried leaves are used in thermal feed.

It is a rich source of protein and can be used in supplements for ruminant nutrition. It helps to increase the milk production of the animals. This increase in the applications of cassava leaves helps to boost mark the et growth. An increase in the applications of cassava leaves in households as well as industries helps to boost the market growth.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global cassava leaves market is segmented based on category, application and region.

Owing to the Increasing Industrial Applications of Cassava Leaves, the Demand for the Conventional Segment Increases

Conventional cassava leaves are mostly used in industrial applications. Conventional cassava leaves are used in various industrial applications such as bakery and confectionary, beverages, dairy and frozen desserts, sweet and savory, and animal feed.

Due to the conventional method of the plantation of cassava leaves, there is an increase in production. An increase in product launches by major key players using cassava leaves helps to boost segment growth in the forecast period.

Geographical Analysis

The Strong Presence of Major Players and Increased Imports of Cassava Leaves in North America

North American region accounted largest market share due to the increase in disposable income of the consumers. The United States and Canada are major shareholding countries in the region due to the increase in the health benefit awareness of using cassava leaves.

An increase in the import of cassava leaves helps to boost regional growth. Some of the major importers in the region are A & S Distributors, International Food Distribution Inc, Bofas Business Enterprise, L & J General International Co, L & J General International Corp, V W Asian Food Co Lt, Jkubllc International Foods And Golden Fortune Import & Export Corp among others.

Competitive Landscape

The major global players include ADM, Grain Millers, Inc., Venus Starch Suppliers, Ottos Naturals, Woodland Foods, Roquette Freres, American Key Food Products Inc., Agrideco Vietnam Co.Ltd., Parchem Fine & Specialty Chemicals, and Mhogo Foods Ltd.

Why Purchase the Report?
• To visualize the global cassava leaves market segmentation based on category, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of cassava leaves market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global cassava leaves market report would provide approximately 53 tables, 79 figures and 195 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies