Europe Cassava Market By, Country (USD Million)
Synopsis
The above chart is Europe Cassava Market By, Country (USD Million)
Market Dynamics
europe has been a significant market for cassava in recent years, with various countries in the region showing a growing demand for this versatile crop. cassava has been traditionally used as a staple food in many african and south american countries, but its demand has been steadily increasing in europe due to its various industrial and commercial applications.
germany, france, and italy are the three largest importers of cassava in europe. german and french demand for cassava has been primarily driven by the growing use of cassava starch in the food and beverage industry. cassava starch is used as a thickening agent in various products such as sauces, soups, and baby food. its neutral flavor and high viscosity make it a popular choice among food manufacturers. the demand for cassava starch is expected to continue to grow in the coming years due to its gluten-free and non-gmo properties, catering to the increasing consumer demand for natural and healthier ingredients in food products.
italy, on the other hand, has a strong demand for cassava in its feed industry. cassava is used as an alternative feed ingredient in livestock diets due to its high starch and energy content. the italian government has also introduced incentives and support programs for farmers to improve the quality and yield of cassava, further boosting the demand for the crop in the country.
apart from these three major players, the united kingdom, spain, and the netherlands also have a significant demand for cassava. these countries mostly use cassava for industrial applications such as biofuels, adhesives, and textiles. the european union has set targets for increasing the use of renewable energy, and cassava has emerged as a promising feedstock for biofuel production. this has led to increased investments in the cassava sector, further driving its demand in these countries.
the increasing demand for cassava has also opened up opportunities for countries in africa, particularly nigeria and ghana, to export the crop to europe. the european union has been supportive of these partnerships, providing technical assistance and funding for capacity building. this has not only enhanced trade relations but also created new economic opportunities for developing countries.
in conclusion, europe's demand for cassava is diverse and is expected to continue growing in the coming years. with its various industrial and commercial applications, cassava has the potential to become a key player in the european market, bringing benefits for both producers and consumers.