| Label | Solid | Liquid |
|---|---|---|
| 2019 | 149690.26 USD Mn | 14127.26 USD Mn |
| 2020 | 155547.41 USD Mn | 14708.14 USD Mn |
| 2021 | 161689.37 USD Mn | 15318.52 USD Mn |
| 2022 | 168101.68 USD Mn | 15956.43 USD Mn |
| 2023 | 174847.1 USD Mn | 16628.55 USD Mn |
| 2024 | 181932.91 USD Mn | 17335.8 USD Mn |
| 2025 | 189378.42 USD Mn | 18080.23 USD Mn |
| 2026 | 197185.22 USD Mn | 18862.22 USD Mn |
| 2027 | 205353.04 USD Mn | 19681.97 USD Mn |
| 2028 | 213941.08 USD Mn | 20545.41 USD Mn |
Data Source: Wantstats Repository
The global cassava market is experiencing an increasing demand due to its wide range of applications in different industries. Cassava, also known as yucca or manioc, is a starchy root vegetable that is widely grown in tropical and subtropical regions. It is a versatile crop that can be used for food, feed, and industrial purposes. One of the primary factors driving the demand for cassava is its use as a food crop. Cassava is a staple food in many countries, especially in Africa, Latin America, and Asia. It is an important source of carbohydrates and nutrients, making it a vital component of the local diet in these regions. With a growing population and increasing food insecurity, the demand for cassava as a food crop is expected to rise in the coming years. Furthermore, cassava is also used as an animal feed, particularly in the poultry and swine industries. As the demand for meat and animal products increases, the demand for cassava as a feed ingredient is also expected to grow. The use of cassava as a feed crop is beneficial for both farmers and the environment.
It is a cost-effective alternative to traditional feed ingredients and has a lower impact on the environment, making it a popular choice among producers. The industrial applications of cassava are also contributing to its high demand. Cassava starch, a by-product of processing cassava, is used in various industries such as textiles, paper, and pharmaceuticals. The demand for cassava starch is expected to increase due to its eco-friendly and biodegradable properties, making it a sustainable option for manufacturers. The increasing demand for biofuels has also led to a surge in the demand for cassava. Cassava is used in the production of ethanol, which is an alternative to fossil fuels. As governments and industries shift towards more eco-friendly and sustainable energy sources, the demand for cassava in the biofuel industry is expected to grow. In conclusion, the global cassava market is being driven by its diverse applications in various industries. Its versatility, affordability, and eco-friendliness make it a highly demanded crop worldwide. With the growing population and increasing focus on sustainable practices, the demand for cassava is expected to continue to rise in the future.
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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Account and Business Manager, EFS-Holland BV
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We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
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