The global cassava market is projected to record a CAGR of 4.18% during the forecast period

Market Research Future has published a cooked research report on the Global Cassava Market, 2023–2032. The global cassava market is projected to exhibit a CAGR of 4.18% during the forecast period of 2023 to 2032.

Market Research Future has recognized the following companies as the key players in the global cassava market: Parchem fine & specialty chemicals (US), Archer Daniels Midland Company (US), Agrideco Vietnam Co., Ltd. (Vietnam), American Key Food Products Inc. (US), Psaltry International Limited (Nigeria), Dadtco Philafrica B.V. (Netherlands), Roquette Frères (France), Woodland Foods (US), Mhogo Foods Ltd. (Kenya), and Otto's Naturals (New Jersey).

Cassava Market Highlights

The global cassava market is projected to be valued at USD 254.28 million by 2032, recording a CAGR of 4.18% during the forecast period. Few of the significant reasons for the growth of the global cassava market are growing demand for cassava flour in the food and feed industry, increasing adoption of cassava across textile industry, and increasing demand for cassava in food and beverage industry are major drivers for this market. Also, increasing demand for functional food is expected to a prime opportunity area for market players worldwide.

Cassava Market Segmental Analysis

The global cassava market has been segmented based on category, form, application, and region.

Based on category, the global cassava market has been segmented into conventional and organic. The conventional segmented accounted for a larger market share of 92.54% in 2020. However, the organic segment is expected to register a higher CAGR of 4.73% during the forecast period. Food manufacturers to produce a variety of foods such as baked goods, dairy products, meats, cereals, snacks, side dishes and functional foods mainly use cassava starch. For example, cassava starch is one of the most important ingredients in making bread and biscuits to increase the amount and crispness of baked goods. Cassava is produced mainly by small farmers, who are often women heads of households, generally use traditional farming methods, and live in some of the poorest and most difficult areas of the tropics. The crop offers these farmers several major advantages. It is relatively tolerant of poor soils and seasonal drought and has an unrivaled ability to recover from damage by pests and diseases. The conventional cassava is showing a high demand in the market due to its low cost- and cost-efficient production.

Based on form, the global cassava market has been segmented into solid and liquid. The solid segmented accounted for a larger market share of 91.36% in 2020. However, the liquid segment is expected to register a higher CAGR of 4.28% during the forecast period. Solid cassava is the solid part of cassava that can be used for making cassava starch. Cassava peel is the primary solid cassava waste that constitutes 20 to 25.0% of the weight of the roots. The proportion of waste can be higher, especially during hand peeling.  The solid cassava has high adoption since the cassava is mainly found in the solid form. Solid cassava may be dried solid cassava roots. The solid-state fermentation (SSF) has been used as a cost-effective and efficient processing method to detoxify the cassava products and enrich them in nutrients.

Based on application, food & beverages, animal feed, and others. The food & beverages sub-segment is further classified as bakery & confectionery, beverages, dairy & frozen desserts, sweet & savory snacks, and others. The food & beverages segmented accounted for the largest market share in 2020. The food & beverage consist of bakery & confectionary, beverages, dairy & frozen dessert, sweet & savory snacks and others. The demand for processed cassava is significantly being driven by the increasing use in the food industry. Cassava flour is widely being used in bakery products, like biscuits, cookies, and bread. The products are also used in the production of confectioneries, including gums, sweets, among others. It also finds applications in soups, sauces, baby foods, gravies, etc. as a thickener. The demand in the industry is also aided by its use as a binder in sausages and processed meats to prevent it from getting dry on being cooked.

Cassava Market

Regional Analysis

On the basis of region, the global cassava market has been categorized as North America, Europe, Asia-Pacific, and the Rest of the world. As per MRFR analysis, Europe constituted a dominant share of the cassava market in 2020. Europe is the world's largest manufacturer of chocolate. This region houses confectionery production plants of several multinational companies such as Nestle S.A., Mondelez International, Inc., Mars, Incorporated, Lindt & Sprüngli AG, and Ferrero SA. These large confectionery companies majorly drive the consumption of cassava in the Europe region. Also, rising consumer demand for natural ingredients in the food application for flavoring boosts the sales of cassava. Moreover, Europe completely depends on a foreign supply for its cassava. Countries with a large population of traditional and ethnic consumers, such as Spain, France and the UK, remain the main target countries. Increasing knowledge about the different uses of cassava drives the growth among new consumer groups. This helps to get this exotic root from a mostly ethnic ingredient to the mainstream fresh market. The European demand for cassava is growing, as shown by an increased import value. This shows that cassava is gradually becoming a more mainstream product. The European (EU, EFTA & UK) import value of cassava from non-European sources increased from €26.6 million in 2016 to €42.4 million in 2020.  In Asia-Pacific, cassava starch has great potential for being used in a wide variety of applications, such as functional food, dietary supplements, nutritional drinks, medicinal products, and more. The Asia-Pacific region is one of the leading producers of cassava and its starch, followed by the Middle East and Africa. This region has a large working class population. The fast pacing and busy lifestyle are one of the major reasons for the growth of the cassava starch market in cassava starch market in Nigeria and rest of the region. Several countries, such as India, China, Indonesia, and others, have improved economic conditions as well as increased awareness of healthy diets among consumers, which have affected their buying behavior positively.

Key Findings of the Study:

• The global cassava market is projected to register a growth rate of 4.10% from 2021 to 2028.


• The conventional segment is estimated to retain its prominent share till 2028 whereas, the organic segment is projected to record a CAGR of 4.73% during the forecast period.


• The solid segment accounted for the largest market share in 2020 and is expected to grow at a rate of 4.10% during the forecast period.


• The food & beeverages segment is estimated to retain its dominant share till 2028, whereas the animal feed segment is estimated to register the highest growth rate of 4.80% during the forecast period.