Cassava Market by Product, Type, Variety, End-Use

List of Tables

[181 Pages Report] The Cassava Market size was estimated at USD 4.32 billion in 2023 and expected to reach USD 4.61 billion in 2024, at a CAGR 6.84% to reach USD 6.87 billion by 2030.

Global Cassava Market

KEY MARKET STATISTICS
Base Year [2023]	USD 4.32 billion
Estimated Year [2024]	USD 4.61 billion
Forecast Year [2030]	USD 6.87 billion
CAGR (%)	6.84%

Cassava, or manioc, is a tropical root vegetable rich in carbohydrates, which serves as a staple food in many developing countries and a raw material in various industrial applications. The demand for cassava and cassava-derived products is propelled by the consumer preference for gluten-free alternatives and increased integration into animal feed formulations. Moreover, demographic expansions of market vendors in regions reliant on cassava as a critical source of nutrition. Emerging opportunities are shaped by introducing genetically engineered cassava for improved efficiency and resilience, innovations in processing technology, and market expansion into areas seeking sustainable food options. However, the hurdles include susceptibility to climate-related price volatility, post-harvest supply chain inefficiencies, and the perishable nature of cassava. Nevertheless, advancements and research are directed towards developing nutrient-rich cassava strains with longer shelf lives, refining processing methods to broaden industrial applications, implementing sustainable agricultural practices, and value-enhancement of by-products, which are expected to create growth opportunities for the cassava market in the coming years.

Regional Insights

In the Americas, cassava is gaining popularity as a gluten-free alternative and in ethnic cuisines. Investment in the cassava sector is modest but growing, with burgeoning interest in cassava flour and tapioca as food ingredients in conventional and health food sectors has driven the demand for cassava in the Americas. The European Union is witnessing a growing demand for cassava as an industrial raw material and gluten-free products. The EU's consumer purchasing behavior reflects a preference for sustainable and ethically sourced ingredients, raising the call for fair-trade cassava products. With a lesser role in traditional diets, the market for cassava in the Middle East is emerging, primarily driven by the expatriate community and the interest in food diversification. Moreover, the African region, as a significant producer of cassava, focuses on increasing yield, fighting cassava-related diseases, and improving processing techniques to reduce post-harvest losses. Several African countries are at the forefront of cassava research, with patents relating to pest-resistant and high-yield varieties. Asia-Pacific's cassava consumption is predominantly for starch production and animal feed, making it a market driven by industrial needs. In India, cassava is an essential part of local diets in certain regions and is gaining traction as a raw material for starch industries. Moreover, significant investments in improving processing technologies are expected to add value to cassava products.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cassava Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cassava Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cassava Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Aryan Group, Banpong Tapioca, Cargill Inc., Chol Charoen Group, Chorchaiwat Industry Company Limited, Dadtco Philafrica B.V., Ekta International, Ingredion Incorporated, Keng Seng Group of Companies, Lentus Foods and Agro Ltd., Matna Food Ltd., Mhogo Foods Ltd., Otto's Naturals, Psaltry International Limited, ROI ET Group, Roquette Freres S.A., SPAC Starch Products (India) Private Limited, Sungai Budi Group, TAPIOCA VIETNAM Company, Tate & Lyle PLC, Tereos Group, Thanawat Group, The Dutch Agricultural Development & Trading Company BV, Vedan International (Holdings) Limited, Venus Starch Industries, Visco Starch, and Woodland Foods, Ltd..

Market Segmentation & Coverage

This research report categorizes the Cassava Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Cassava Root
- Cassava Starch
- Dried Cassava Leaves
Type
- Conventional
- Organic
Variety
- Bitter Cassava
- Sweet Cassava
End-Use
- Animal Feed
- Food & Beverage
- Paper Processing
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cassava Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cassava Market?

3. What are the technology trends and regulatory frameworks in the Cassava Market?

4. What is the market share of the leading vendors in the Cassava Market?

5. Which modes and strategic moves are suitable for entering the Cassava Market?

Product Code: MRR-BB4648AFF303

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Cassava Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing applications of cassava starch and flour in the food and beverage industry
  - 5.1.1.2. Rising awareness and consumer demand for gluten-free products
  - 5.1.1.3. Governmental support across several nations for cassava production and processing initiatives
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuations in prices of raw cassava and its products due to variable weather conditions
- 5.1.3. Opportunities
  - 5.1.3.1. Significant production of cassava starch-based bioplastics
  - 5.1.3.2. Proliferating usage of cassava in producing ethanol
- 5.1.4. Challenges
  - 5.1.4.1. Post-harvest losses due to perishability and inadequate processing infrastructure
5.2. Market Segmentation Analysis
- 5.2.1. Product: Rising adoption of cassava starch across diverse end-user industries
- 5.2.2. Type: Growing investments toward organic cassava production
- 5.2.3. Variety: Increasing use of bitter cassava for industrial purposes
- 5.2.4. End-Use: Significant adoption of cassava in food and beverage industries
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Cassava Market, by Product

6.1. Introduction
6.2. Cassava Root
6.3. Cassava Starch
6.4. Dried Cassava Leaves

7. Cassava Market, by Type

7.1. Introduction
7.2. Conventional
7.3. Organic

8. Cassava Market, by Variety

8.1. Introduction
8.2. Bitter Cassava
8.3. Sweet Cassava

9. Cassava Market, by End-Use

9.1. Introduction
9.2. Animal Feed
9.3. Food & Beverage
9.4. Paper Processing

10. Americas Cassava Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Cassava Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Cassava Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Agreement, Collaboration, & Partnership
  - 13.3.1.1. MoU Spurs Cassava Exports to China
- 13.3.2. New Product Launch & Enhancement
  - 13.3.2.1. New Tapioca Starch from AKFP Holds Up Well in Freeze-Thaw Cycle

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. AGRANA Beteiligungs-AG
- 14.1.2. Archer Daniels Midland Company
- 14.1.3. Aryan Group
- 14.1.4. Banpong Tapioca
- 14.1.5. Cargill Inc.
- 14.1.6. Chol Charoen Group
- 14.1.7. Chorchaiwat Industry Company Limited
- 14.1.8. Dadtco Philafrica B.V.
- 14.1.9. Ekta International
- 14.1.10. Ingredion Incorporated
- 14.1.11. Keng Seng Group of Companies
- 14.1.12. Lentus Foods and Agro Ltd.
- 14.1.13. Matna Food Ltd.
- 14.1.14. Mhogo Foods Ltd.
- 14.1.15. Otto's Naturals
- 14.1.16. Psaltry International Limited
- 14.1.17. ROI ET Group
- 14.1.18. Roquette Freres S.A.
- 14.1.19. SPAC Starch Products (India) Private Limited
- 14.1.20. Sungai Budi Group
- 14.1.21. TAPIOCA VIETNAM Company
- 14.1.22. Tate & Lyle PLC
- 14.1.23. Tereos Group
- 14.1.24. Thanawat Group
- 14.1.25. The Dutch Agricultural Development & Trading Company BV
- 14.1.26. Vedan International (Holdings) Limited
- 14.1.27. Venus Starch Industries
- 14.1.28. Visco Starch
- 14.1.29. Woodland Foods, Ltd.
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing