Cassava Market was valued at USD 16.5 Billion in 2022 and is projected to reach USD 23.5 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The cassava market has witnessed significant growth across various applications, including food and beverage, industrial, and animal feed sectors. As a versatile root crop, cassava serves as a critical source of carbohydrates and is utilized in multiple forms, such as flour, starch, and chips. The market dynamics for cassava by application highlight the diversity in its end uses, which play a crucial role in global economies, particularly in regions where cassava is a staple food. Demand is driven by the increasing need for alternative sources of food, industrial materials, and animal nutrition, all of which benefit from cassava's abundance and adaptability.
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Cassava is predominantly used in the food and beverage industry, where it serves as an essential ingredient for a variety of products. It is commonly processed into flour, which is a gluten-free alternative to wheat flour, and can be found in bakery items, snacks, and beverages. Its use extends to the production of tapioca pearls for beverages like bubble tea, and cassava starch is a key component in food thickening, enhancing texture in sauces, soups, and processed foods. The rise in demand for gluten-free products is one of the driving factors propelling cassava's usage in this segment. In addition, as the world embraces plant-based and allergen-free diets, cassava offers a significant solution to cater to these needs. The increasing adoption of plant-based foods, particularly in health-conscious and allergy-sensitive markets, has further accelerated cassava’s prominence in the food sector.
The versatility of cassava in food applications is amplified by its adaptability to various cuisines and dietary needs. For instance, cassava flour is gaining traction as a substitute in traditional flour-based recipes in both developed and developing countries. In Africa, Asia, and Latin America, cassava is already an integral part of local diets in the form of fufu, gari, and tapioca, with the crop's potential for value-added processing on the rise. As global consumer trends shift towards healthier, sustainable, and functional foods, cassava's role in the food and beverage industry is expected to continue growing. Furthermore, innovations in food processing technologies enhance the quality and variety of cassava-based food products, presenting opportunities for market expansion across different regions.
The industrial application of cassava has grown significantly due to its widespread use in producing starch, ethanol, and biofuels. Cassava starch is used as a raw material in industries such as textiles, paper, and adhesives, making it an important industrial commodity. Its biodegradable nature makes it a favorable choice over synthetic starches in various applications, such as the production of biodegradable plastics. Cassava’s role in the production of ethanol for biofuels is also growing, driven by increasing demand for renewable energy sources. This development is especially relevant in countries seeking to reduce their dependence on fossil fuels and improve energy sustainability. The renewable nature of cassava as a feedstock for biofuels aligns with global trends toward green energy solutions, enhancing its position in the industrial market.
Furthermore, the industrial segment benefits from cassava’s ability to produce high-quality starch that can be modified to suit different manufacturing processes. In the textile industry, for instance, cassava starch is used in the sizing process to add strength and finish to fabrics. The adhesive industry also utilizes cassava starch to create eco-friendly adhesives that do not rely on harmful chemicals. As demand for sustainable products grows, cassava’s applications in the industrial sector are expected to expand, providing a reliable and environmentally friendly alternative to traditional materials. With the continued focus on sustainable and renewable resources, cassava’s position in the industrial market is poised to gain further prominence in the coming years.
Cassava’s role in the animal feed industry has gained traction, especially in regions where it is abundantly grown. The crop’s root and by-products, including cassava chips and cassava meal, are used to formulate animal feed due to their high carbohydrate content. In livestock farming, cassava is particularly favored in feeding ruminants, poultry, and swine, as it provides a cost-effective energy source. Cassava-based animal feed also supports optimal growth and weight gain, contributing to improved meat production. The increasing demand for protein-rich animal products, along with the rising cost of conventional feed ingredients such as maize and wheat, has led to a shift toward alternative feed sources like cassava. Its versatility and abundance make it an attractive option for the animal feed sector, particularly in developing countries where cassava is cultivated in large quantities.
The growth of the cassava-based animal feed market is further supported by research and innovations aimed at improving the nutritional profile of cassava for animal consumption. This includes efforts to enhance the digestibility and amino acid profile of cassava meal to meet the specific needs of different animal species. The animal feed industry is also exploring ways to optimize the use of cassava’s by-products, such as cassava peels and leaves, to maximize its economic value. With the increasing focus on sustainable livestock farming practices, cassava presents an opportunity to reduce feed costs while ensuring the nutritional needs of animals are met. As global meat and dairy production continue to rise, the demand for cassava as a key feed ingredient is expected to grow significantly in the coming years.
Several key trends are shaping the cassava market, particularly in its application across food and beverage, industrial, and animal feed sectors. One of the most prominent trends is the increasing demand for gluten-free and plant-based food options, which has bolstered the growth of cassava in food products such as flour, snacks, and beverages. Additionally, there is a growing interest in functional foods, where cassava serves as a source of complex carbohydrates and dietary fiber. In the industrial sector, the shift toward sustainability and renewable resources has driven the use of cassava for producing biodegradable products and biofuels. This trend aligns with global environmental goals, positioning cassava as a crucial raw material in the transition toward greener industries. Furthermore, advancements in processing technologies are enabling more efficient and higher-quality cassava-based products, contributing to the market's expansion.
Another notable trend is the focus on improving cassava’s nutritional value, particularly in the animal feed sector. Research is being conducted to enhance the digestibility and protein content of cassava for better animal health and productivity. This trend reflects the broader movement toward more efficient and sustainable agricultural practices, which aim to reduce feed costs while ensuring optimal growth for livestock. As global demand for animal products increases, cassava is likely to become a more important ingredient in animal feed formulations. Furthermore, the growing recognition of cassava as a versatile crop with multiple applications across industries has sparked innovation, resulting in new cassava-based products entering the market. These developments are expected to continue driving the cassava market's growth in the years to come.
The cassava market presents numerous opportunities, especially in developing regions where the crop is widely grown. For the food and beverage industry, there is an opportunity to expand the use of cassava flour in gluten-free products, tapping into the growing global demand for alternative flours. Additionally, there is potential to innovate further in the development of new snack foods, beverages, and functional food products derived from cassava. In the industrial sector, the market for cassava starch and biofuels offers substantial growth potential, particularly as industries seek sustainable alternatives to petrochemical-based products. The increasing focus on renewable energy sources provides an opportunity for cassava to play a significant role in the biofuel industry. For the animal feed industry, the opportunity lies in enhancing the nutritional quality of cassava-based feed and exploring new markets for cassava meal and chips, particularly in regions with growing livestock industries.
Furthermore, emerging markets in Asia, Africa, and Latin America offer significant opportunities for the cassava market to expand. As agricultural practices improve, there is potential to increase cassava yields, reduce waste, and optimize its use in various applications. This includes maximizing the utilization of cassava by-products such as peels and leaves, which can be used in both animal feed and industrial applications. The development of cassava-based products for export to international markets also presents a growth opportunity. As consumer preferences shift toward healthier, sustainable, and plant-based options, cassava’s position in global markets is expected to strengthen, paving the way for new business ventures and market expansion.
1. What is cassava used for in the food industry?
Cassava is used to produce flour, tapioca pearls, and starch, commonly found in gluten-free products, snacks, and beverages.
2. How does cassava contribute to the industrial market?
Cassava is used to produce starch, adhesives, biodegradable plastics, and ethanol, offering sustainable alternatives in various industries.
3. What role does cassava play in animal feed?
Cassava is used as a carbohydrate-rich ingredient in animal feed, particularly for ruminants, poultry, and swine, providing energy and promoting growth.
4. Why is cassava considered a sustainable crop?
Cassava is a drought-tolerant crop that requires minimal input, making it a sustainable option for food, industrial, and feed applications.
5. What are the health benefits of cassava?
Cassava is a good source of carbohydrates and dietary fiber, supporting energy needs and digestive health.
6. How is cassava processed for food applications?
Cassava is processed into flour, starch, and other products through drying, milling, and fermentation techniques.
7. Can cassava be used in biofuel production?
Yes, cassava can be used as a feedstock for ethanol production, offering a renewable alternative to fossil fuels.
8. What is the potential for cassava in the global market?
Cassava's versatility in food, industrial, and animal feed sectors presents significant growth opportunities in global markets.
9. Is cassava used in the production of biodegradable products?
Yes, cassava starch is used to create biodegradable plastics and adhesives, contributing to sustainable product solutions.
10. How does cassava benefit the animal feed industry?
Cassava provides an affordable and energy-dense alternative to traditional feed ingredients, supporting livestock growth and production.
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Cargill
Ingredion
Tate & Lyle
Grain Millers
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cassava Market
Food and Beverage
Industrial
Animal Feed
Based on Types the Market is categorized into Below types that held the largest Cassava market share In 2023.
Flour
Chips
Pellets
Pearls
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Cassava Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cassava Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cassava Market, By Type
6. Global Cassava Market, By Application
7. Global Cassava Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cassava Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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Cassava Market By Application