Cassava Processing Market Size, Share, Trends, Analysis and Forecast 2021-26

January 7, 2022

According to the latest report by IMARC Group, titled “Cassava Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global cassava processing market reached a volume of 298.8 Million Tons in 2020. Looking forward, IMARC Group expects the market to reach a volume of 342.0 Million Tons by 2026.

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.

Report Metric

Historical: 2015-2020

Base Year: 2020

Forecast Year: 2021-2026

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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.

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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.

Market Segmentation

Market by End-Use Food Industry Feed Industry Others Performance of Key Regions Nigeria Thailand Indonesia Brazil Ghana Congo Others

Some of the players analysed by this report include – Avebe U.A., Global Bio-Chem Technology Group, Emsland Group, Cargill Incorporated, and Ingredion (NYSE: INGR).

About Us

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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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