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Cassava Market Size, Share & Trends Analysis Report By Product, By Type, By Application, By Region, And Segment Forecasts, 2024 - 2030- Product Image
Cassava Market Size, Share & Trends Analysis Report By Product, By Type, By Application, By Region, And Segment Forecasts, 2024 - 2030- Product Image
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Cassava Market Size, Share & Trends Analysis Report By Product, By Type, By Application, By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 80 Pages
  • December 2024
  • Region: Global
  • Grand View Research
  • ID: 6040945
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Cassava Market Size & Trends

The global cassava market size was estimated at USD 164 billion in 2023 and is expected to grow at a CAGR of 4.4% from 2024 to 2030. One of the primary reasons for this growth is the increasing demand for gluten-free products. With rising health consciousness among consumers, particularly in Western markets, cassava has gained recognition as a nutritious alternative to wheat and other gluten-containing grains. This trend is reflected in the growing popularity of cassava-based foods, such as flour, snacks, and noodles, which cater to individuals with gluten intolerance or those pursuing gluten-free diets.

Technological advancements in cassava processing also play a crucial role in market expansion. Innovations in processing techniques have improved the efficiency and quality of cassava-derived products. For instance, advancements in extraction methods for cassava starch have led to higher yields and better product characteristics, making it more appealing for use in food and industrial applications. Developing value-added products, such as cassava flour and biodegradable packaging materials, has further broadened the scope of cassava's market potential.

Another significant driver is the growing awareness of cassava's nutritional benefits. As consumers become more informed about their dietary choices, there is an increasing recognition of cassava's role as a source of carbohydrates and dietary fiber. This shift towards healthier eating habits has prompted manufacturers to explore cassava's applications beyond traditional uses, leading to innovations in food products that highlight its nutritional profile.

Governmental support for cassava production is also instrumental in fostering market growth. Many countries recognize cassava's potential for enhancing food security and rural livelihoods, prompting initiatives that promote its cultivation and processing. Such support includes farmers' subsidies, research and development investment, and infrastructure improvements to enhance supply chains. These efforts boost local economies and facilitate increased production capacity to meet global demand.

The expanding applications of cassava across various industries further contribute to its market growth. Beyond food products, cassava is increasingly utilized in animal feed, biofuels, and bioplastics. The rise of eco-friendly packaging solutions has opened new avenues for cassava starch, positioning it as a sustainable alternative to petroleum-based plastics. This diversification into multiple sectors enhances its market resilience and attractiveness to investors.

The cassava industry faces several challenges that hinder its growth and development, particularly in regions where it is a staple crop. One of the most significant issues is post-harvest losses. Cassava is a highly perishable crop; improper handling and storage can lead to substantial waste. In many producing countries, inadequate infrastructure for transportation and storage exacerbates this problem, resulting in a loss of both quantity and quality of the crop before it reaches consumers or processing facilities. This inefficiency affects food security and diminishes the income potential for farmers who rely on cassava as their primary source of livelihood.

Another challenge is the limited access to markets for smallholder farmers. Many cassava producers operate on subsistence and lack the resources to engage in larger, more profitable markets. Marketing cassava can be particularly difficult due to its bulky nature and perishability, which increase transportation costs. In addition, small-scale farmers often receive a lower share of the market price due to the lack of organized marketing channels and bargaining power, which prevents them from maximizing their profits.

Global Cassava Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and analyzes the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, the analyst has segmented the global cassava market report based on product, application, type, and region.

Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Conventional
  • Organic

Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Flour
  • Chips
  • Pellets
  • Pearl

Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Food & Beverage
  • Animal Feed
  • Pharmaceutical
  • Paper & Textile
  • Others

Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Japan
  • India
  • Thailand
  • Indonesia
  • Central & South America
  • Brazil
  • Middle East & Africa
  • Saudi Arabia

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Product Outlook
2.3. Application Outlook
2.4. Distribution Outlook
2.5. Competitive Landscape Outlook
Chapter 3. Cassava Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Outlooks
3.3.2. Manufacturing and Technology Trends
3.3.3. Sales Channel Analysis
3.3.4. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis - Porter’s Five Forces Analysis
3.6. Market Entry Strategies
Chapter 4. Cassava Market: Product Estimates & Trend Analysis
4.1. Cassava Market, by Product: Key Takeaways
4.2. Product Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Billion)
4.3.1. Conventional
4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.2. Organic
4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 5. Cassava Market: Type Estimates & Trend Analysis
5.1. Cassava Market, by Type: Key Takeaways
5.2. Type Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Type, 2018 - 2030 (USD Billion)
5.3.1. Flour
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Pellets
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.3. Chips
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.4. Pearls
5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Cassava Market: Application Estimates & Trend Analysis
6.1. Cassava Market, by Application: Key Takeaways
6.2. Application Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Billion)
6.3.1. Food & Beverage
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Animal Feed
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3. Pharmaceuticals
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4. Paper & Textile
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5. Others
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 7. Cassava Market: Regional Estimates & Trend Analysis
7.1. Cassava Market: Regional Outlook
7.2. Regional Movement Analysis & Market Share, 2023 & 2030
7.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Billion)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.4. Mexico
7.3.1.4.1. Key country dynamics
7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.2. Germany
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.3. UK
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3. Asia Pacific
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.2. China
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.3. Japan
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.4. India
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.5. Indonesia
7.3.3.5.1. Key country dynamics
7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.6. Thailand
7.3.3.6.1. Key country dynamics
7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4. Central & South America
7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4.2. Brazil
7.3.4.2.1. Key country dynamics
7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5.2. Saudi Arabia
7.3.5.2.1. Key country dynamics
Chapter 8. Competitive Analysis
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. Agrideco Vietnam Co., Ltd.
8.9.2. American Key Food Products Inc.
8.9.3. Archer Daniels Midland Company
8.9.4. Cargill, Incorporated
8.9.5. Grain Millers Inc.
8.9.6. Ingredion Inc.
8.9.7. Parchem Fine and Specialty Chemicals
8.9.8. Psaltry International Ltd.
8.9.9. Tate & Lyle Plc
8.9.10. Venus Starch Suppliers
List of Tables
Table 1 Cassava market - Key market driver analysis
Table 2 Cassava market - Key market restraint analysis
Table 3 Cassava market estimates & forecast, by product (USD Billion)
Table 4 Cassava market estimates & forecast, by application (USD Billion)
Table 5 Cassava market estimates & forecast, by type (USD Billion)
Table 6 North America Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 7 North America Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 8 North America Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 9 U.S. macro-economic outlay
Table 10 U.S. Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 11 U.S. Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 12 U.S. Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 13 Canada macro-economic outlay
Table 14 Canada Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 15 Canada Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 16 Canada Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 17 Mexico macro-economic outlay
Table 18 Mexico Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 19 Mexico Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 20 Mexico Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 21 Europe Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 22 Europe Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 23 Europe Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 24 Germany macro-economic outlay
Table 25 Germany Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 26 Germany Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 27 Germany Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 28 UK macro-economic outlay
Table 29 UK Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 30 UK Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 31 UK Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 32 France macro-economic outlay
Table 33 France Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 34 France Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 35 France Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 36 Italy macro-economic outlay
Table 37 Italy Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 38 Italy Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 39 Italy Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 40 Spain macro-economic outlay
Table 41 Spain Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 42 Spain Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 43 Spain Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 44 Asia Pacific Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 45 Asia Pacific Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 46 Asia Pacific Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 47 China macro-economic outlay
Table 48 China Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 49 China Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 50 China Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 51 Japan macro-economic outlay
Table 52 Japan Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 53 Japan Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 54 Japan Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 55 India macro-economic outlay
Table 56 India Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 57 India Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 58 India Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 59 Indonesia Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 60 Indonesia Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 61 Indonesia Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 62 Thailand macro-economic outlay
Table 63 Thailand Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 64 Thailand Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 65 Thailand Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 66 Central & South America Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 67 Central & South America Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 68 Central & South America Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 69 Brazil macro-economic outlay
Table 70 Brazil Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 71 Brazil Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 72 Brazil Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 73 Middle East & Africa Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 74 Middle East & Africa Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 75 Middle East & Africa Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 76 Saudi Arabia macro-economic outlay
Table 77 Saudi Arabia Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Table 78 Saudi Arabia Cassava market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 79 Saudi Arabia Cassava market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 80 Recent developments & impact analysis, by key market participants
Table 81 Company market share, 2023
Table 82 Company heat map analysis
Table 83 Companies undergoing key strategies
List of Figures
Fig. 1 Cassava market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Product snapshot
Fig. 8 Packaging snapshot
Fig. 9 Regional snapshot
Fig. 10 Competitive landscape snapshot
Fig. 11 Cassava market size, 2018 to 2030 (USD Billion)
Fig. 12 Cassava market: Penetration & growth prospect mapping
Fig. 13 Cassava market: Value chain analysis
Fig. 14 Cassava market: Profit margin analysis
Fig. 15 Cassava market: Market dynamics
Fig. 16 Cassava market: Porter's five forces analysis
Fig. 17 Cassava market, by product: Key Takeaways
Fig. 18 Cassava market: Product movement analysis, 2023 & 2030 (%)
Fig. 19 Conventional cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 20 Organic cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 21 Cassava market, by application: Key Takeaways
Fig. 22 Cassava market: Application movement analysis, 2023 & 2030 (%)
Fig. 23 Cassava market: Regional outlook, 2023 & 2030 (USD Billion)
Fig. 24 Regional marketplace: Key takeaways
Fig. 25 North America Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 26 U.S. Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 27 Canada Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 28 Mexico Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 29 Europe Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 30 UK Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 31 Germany Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 32 France Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 33 Italy Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 34 Spain Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 35 Asia Pacific Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 36 China Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 37 Japan Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 38 India Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 39 Indonesia Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 40 Thailand Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 41 Central & South America Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 42 Brazil Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 43 Middle East & Africa Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 44 Saudi Arabia Cassava market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 45 Key company categorization
Fig. 46 Company market share analysis, 2023
Fig. 47 Strategic framework of the Cassava market

Companies Mentioned

  • Agrideco Vietnam Co., Ltd.
  • American Key Food Products Inc.
  • Archer Daniels Midland Company
  • Cargill, Incorporated
  • Grain Millers Inc.
  • Ingredion Inc.
  • Parchem Fine and Specialty Chemicals
  • Psaltry International Ltd.
  • Tate & Lyle Plc
  • Venus Starch Suppliers

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedDecember 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 164 billion
Forecasted Market Value ( USD ) by 2030 $ 220.9 billion
Compound Annual Growth Rate4.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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