Global Cassava Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Cassava market size was valued at US$ 741.6 million in 2023. With growing demand in downstream market, the Cassava is forecast to a readjusted size of US$ 1331 million by 2030 with a CAGR of 8.7% during review period.
The research report highlights the growth potential of the global Cassava market. Cassava are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Cassava. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Cassava market.
Cassava is a woody shrub, which belongs to euphorbiaceous family. It is cultivated mostly in tropical and subtropical regions. Cassava is known for its edible root which is a major source of carbohydrates. The powder form of Cassava is called tapioca. Cassava has a neutral taste and is used in food and beverage products. It is gluten-free, nut free and grain-free.
Cassava is used to make gluten-free flour, animal feed, confectionary products, and a substitute of sucrose in beverages. It is also used in the laundry industry for starching of garments before ironing to give a better look.
Key Features:
The report on Cassava market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Cassava market. It may include historical data, market segmentation by Type (e.g., Flour, Chips), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Cassava market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Cassava market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Cassava industry. This include advancements in Cassava technology, Cassava new entrants, Cassava new investment, and other innovations that are shaping the future of Cassava.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Cassava market. It includes factors influencing customer ' purchasing decisions, preferences for Cassava product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Cassava market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Cassava market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Cassava market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Cassava industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Cassava market.
Market Segmentation:
Cassava market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Flour
Chips
Pellets
Pearls
Segmentation by application
Food and Beverage
Industrial
Animal Feed
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
Ingredion
Tate & Lyle
Grain Millers
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cassava market?
What factors are driving Cassava market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cassava market opportunities vary by end market size?
How does Cassava break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.