Europe Cassava Market By, Application (USD Million)

Year FOOD & BEVERAGES BAKERY & CONFECTIONERY BEVERAGES DAIRY & FROZEN DESSERTS SWEET & SAVORY SNACKS OTHERS ANIMAL FEED
2019 $ 10140.66 $ 4103.45 $ 2594.53 $ 641.51 $ 1336.57 $ 2103.13 $ 4459.34
2020 $ 10609.23 $ 4288.77 $ 2716.56 $ 669.97 $ 1403.94 $ 2208.77 $ 4687.48
2021 $ 11105.26 $ 4484.8 $ 2845.8 $ 700.09 $ 1475.53 $ 2320.57 $ 4929.89
2022 $ 11620.21 $ 4688.06 $ 2980.12 $ 731.24 $ 1550.01 $ 2437.85 $ 5182.75
2023 $ 12164.57 $ 4902.75 $ 3122.19 $ 764.12 $ 1629.0 $ 2562.1 $ 5451.03
2024 $ 12739.35 $ 5129.25 $ 3272.3 $ 798.81 $ 1712.68 $ 2693.61 $ 5735.38
2025 $ 13346.45 $ 5368.28 $ 3430.95 $ 835.39 $ 1801.36 $ 2832.84 $ 6036.87
2026 $ 13986.55 $ 5620.06 $ 3598.32 $ 873.92 $ 1895.17 $ 2980.0 $ 6356.02
2027 $ 14660.19 $ 5884.79 $ 3774.6 $ 914.4 $ 1994.26 $ 3135.28 $ 6693.3
2028 $ 15372.21 $ 6164.35 $ 3961.03 $ 957.15 $ 2099.35 $ 3299.79 $ 7051.17
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Europe Cassava Market By, Application (USD Million)

Synopsis
The above chart is Europe Cassava Market By, Application (USD Million)

Market Dynamics

cassava, also known as yuca or manioc, is a starchy root vegetable native to south america. over the years, it has gained popularity worldwide due to its versatility and high nutritional value. in europe, demand for cassava has been steadily increasing in recent years, driven by various applications in different industries. one major application of cassava in europe is in the food and beverage industry. cassava flour is widely used as a gluten-free alternative to traditional wheat flour, making it a suitable option for people with celiac disease or gluten intolerance. it is also used in the production of snacks, cereals, and other baked goods. additionally, cassava starch is a common ingredient in the production of processed foods, such as sauces, soups, and dairy products. another major application of cassava is in the production of bioethanol. due to its high starch content, cassava has emerged as a suitable feedstock for biofuel production. europe has been investing in renewable energy sources, and cassava has been identified as a potential contributor to reducing dependence on fossil fuels. this has led to a surge in demand for cassava as a bioethanol feedstock in the region. cassava is also widely used in the pharmaceutical industry. the roots of the cassava plant contain high levels of starch and other compounds with medicinal properties. these compounds are used in the production of drugs and supplements for various health conditions, including diarrhea, weight gain, and diabetes. as the demand for natural and herbal remedies increases in europe, so does the demand for cassava as a raw material in the production of drugs and supplements. in the textile industry, cassava is used in the production of biodegradable fabrics, which are becoming increasingly popular as sustainable clothing options. cassava starch is used as a binding agent in the production of these fabrics, making them a viable alternative to traditional petroleum-based fabrics. lastly, cassava finds applications in the construction industry. due to its high strength and water-resistant properties, cassava-based composites are being used in the production of building materials. these materials are not only eco-friendly but are also cost-effective, which has contributed to their growing demand in the construction industry. in conclusion, the demand for cassava in europe is being driven by its various applications in different industries. with its versatility, nutritional value, and sustainable qualities, it is expected that the demand for cassava will continue to grow in the region in the coming years.

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