Cassava Processing Market
Business

Cassava Processing Market Industry Growth, Trends, Top Organizations and Forecast 2022-2027

According to the latest report by IMARC Group, titled “Cassava Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global cassava processing market reached a volume of 304 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 350.8 Million Tons by 2027, exhibiting a CAGR of 2.3% during 2022-2027.

Cassava is one of the most popular root crops in tropical regions. It is a good source of carbohydrates and can be produced under adverse conditions. As the roots of cassava are highly perishable due to the presence of moisture, they are processed into several primary and secondary products of varying economic importance. This involves a reduction in their size through the process of chipping, mincing and grating to enhance subsequent unit operations like dewatering, drying, fermentation, and starch extraction.

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Market Trends:

Cassava processing removes the toxins, increases the shelf-life, reduces the weight, and improves the overall value of the product. Owing to this, processed cassava finds wide applications across varied industries such as paper, textile, packaging and thermoplastic. It is also used in drug processing and the production of biofuels. Apart from this, many feeding experiments have shown that cassava offers an excellent quality carbohydrate, which can substitute maize or barley in animal feed, especially for swine, dairy cattle and poultry. Moreover, the manufacturers have improved or mechanized the processing techniques of cassava products, which are now replacing existing manual operations, thereby creating a positive outlook for the market in the coming years.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Breakup by End-Use:

  • Food Industry
  • Feed Industry
  • Others

Among these, the food industry currently represents the largest segment, accounting for the majority of the total market share.

Regional Insights:

  • Nigeria
  • Thailand
  • Indonesia
  • Brazil
  • Ghana
  • Congo
  • Others

On a regional basis, Nigeria holds the leading position in the market, representing the largest cassava producer across the globe.

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Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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