Market Overview:
The global cassava market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cassava flour, chips, pellets and pearls from various applications such as food and beverage, industrial, animal feed and others. North America is expected to dominate the global cassava market during the forecast period owing to the presence of key players in this region. Asia Pacific is projected to be the fastest growing region during the forecast period due to rising demand for processed foods in this region.
Product Definition:
Cassava is a starch extracted from the root of the cassava plant, Manihot esculenta. It is a major staple food in tropical countries, where it is eaten boiled, mashed, or ground into flour.
Flour:
Flour is a staple food in the diet of people living in developing countries. It is also consumed by some people as a delicacy. Flour has many nutritional values and it can be used to make various foods & beverages, which have different nutrients. The flour market includes wheat flour, rice flour, maize (corn)flour and barley flour among others such as soybean meal & corn starch and tapioca roots and cassava tubers.
Chips:
Chips are small pieces of dried, roasted and salted cassava. Cassava chips are widely used in several cuisines across the globe as a healthy alternative to bread, rice or other carbohydrate-rich foods. The global cassava chips market is expected to witness significant growth over the forecast period owing to increasing demand for ready-to-eat food products by consumers worldwide.
Application Insights:
The food and beverage segment led the global market in 2017. The product is a rich source of carbohydrates, including starch and sugar, which provide energy to the body. It is also a good source of vitamins (B6, C), minerals (such as manganese) and fibers that help maintain digestive health. Growing demand for cassava flour as an ingredient in bakery products along with its high nutritional value are expected to drive the product demand over the forecast period.
The industrial application segment accounted for 28% share of total revenue in 2017 owing to rising use of processed products such as chips, mealies (unprocessed) and pearls among others. The growing population across developing countries has resulted in increased production levels that have subsequently driven down prices globally; this scenario has been favorable for industry growth over recent years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a shift from traditional products toward processed and functional foods along with an increase in consumer disposable income levels. Furthermore, rising demand for low-calorie food products due to changing eating habits and lifestyles is anticipated to drive product consumption over the coming years.
Asia Pacific is projected to be one of the fastest-growing regional markets at a CAGR of XX% from 2018 to 2030 owing herringbone pattern which has been adopted by most countries including China, India, Japan, Australia among others are likely contribute significantly towards market growth during this period as these countries have been experiencing strong economic growth since past few years on account of rapid industrialization and urbanization resulting into high standards of living & purchasing power thus driving various industries including food & beverage industry which will further boost product demand in Asia Pacific region over next eight years (2018 To 2030).
Growth Factors:
- Increasing demand for cassava products in the food and feed industries due to its high nutritional value.
- Growing popularity of cassava-based foods as a healthier alternative to other processed foods.
- Rising demand for biofuels made from cassava, as it is a more sustainable source of energy than other crops.
- Increased investment in research and development into new uses for cassava, such as bioplastics and pharmaceuticals.
- Expansion of the global Cassava market into new regions, especially developing countries where there is high potential for growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Cassava Market Research Report
By Type
Flour, Chips, Pellets, Pearls
By Application
Food and Beverage, Industrial, Animal Feed, Others
By Companies
Cargill, Ingredion, Tate & Lyle, Grain Millers, Cargill
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Cassava Market Report Segments:
The global Cassava market is segmented on the basis of:
Types
Flour, Chips, Pellets, Pearls
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Industrial, Animal Feed, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- Ingredion
- Tate & Lyle
- Grain Millers
- Cargill
Highlights of The Cassava Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flour
- Chips
- Pellets
- Pearls
- By Application:
- Food and Beverage
- Industrial
- Animal Feed
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cassava Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cassava is a root crop that is grown in many parts of the world. It is a member of the tuber family and can be eaten raw, cooked, or processed into flour, starch, or sugar. Cassava is high in carbohydrates and low in protein.
Some of the major companies in the cassava market are Cargill, Ingredion, Tate & Lyle, Grain Millers, Cargill.
The cassava market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cassava Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cassava Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cassava Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cassava Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cassava Market Size & Forecast, 2020-2028
4.5.1 Cassava Market Size and Y-o-Y Growth
4.5.2 Cassava Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flour
5.2.2 Chips
5.2.3 Pellets
5.2.4 Pearls
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Industrial
6.2.3 Animal Feed
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cassava Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cassava Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flour
9.6.2 Chips
9.6.3 Pellets
9.6.4 Pearls
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Industrial
9.10.3 Animal Feed
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flour
10.6.2 Chips
10.6.3 Pellets
10.6.4 Pearls
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Industrial
10.10.3 Animal Feed
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flour
11.6.2 Chips
11.6.3 Pellets
11.6.4 Pearls
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Industrial
11.10.3 Animal Feed
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flour
12.6.2 Chips
12.6.3 Pellets
12.6.4 Pearls
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Industrial
12.10.3 Animal Feed
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flour
13.6.2 Chips
13.6.3 Pellets
13.6.4 Pearls
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Industrial
13.10.3 Animal Feed
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cassava Market: Competitive Dashboard
14.2 Global Cassava Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Ingredion
14.3.3 Tate & Lyle
14.3.4 Grain Millers
14.3.5 Cargill
