India Cassava Market By, Application (USD Million)
Synopsis
The above chart is India Cassava Market By, Application (USD Million)
Market Dynamics
india cassava market is witnessing a growing demand by various industries due to its versatile range of applications. cassava, also known as tapioca or yuca, is a root vegetable commonly found in tropical regions. it is a staple food in many developing countries and has been gaining popularity in india due to its economic and nutritional benefits.
one of the major applications of cassava in india is as a source of food. it is an important source of carbohydrates and is widely used in households to make various dishes such as cassava chips, cassava flour, and various delicacies like vada and pappadam. the gluten-free property of cassava is making it a preferred choice for people with celiac disease or gluten intolerance. as a result, the demand for cassava-based food products is on the rise, contributing to the growth of the cassava market in india.
moreover, the animal feed industry is another major consumer of cassava in india. cassava is used as a key ingredient in animal feed due to its high digestibility and low-cost production. with the increasing demand for meat and poultry products, the demand for cassava-based animal feed is also rising. the growing demand for animal feed is expected to drive the cassava market in india in the coming years.
in addition, cassava has proven to be a viable source for biofuel production in india. with the growing concerns about depleting fossil fuel reserves and the need for clean energy, the demand for biofuels is increasing globally. cassava's ability to produce high yields of starch and its non-food use make it a suitable source for biofuel production. it is used in the production of bioethanol, which is a cheaper and more sustainable alternative to fossil fuels. hence, the biofuel industry is contributing significantly to the demand for cassava in india.
apart from these, cassava has several other applications in industries such as textile, paper, and pharmaceuticals, where cassava starch is used as an industrial raw material. it is also used in the production of adhesives, detergents, and cosmetics. the multiple applications of cassava in different industries are driving its demand in the indian market.
in conclusion, the demand for cassava in india is on the rise due to its various applications in the food, animal feed, biofuel, and other industries. with the increasing awareness about the benefits of cassava and its diverse range of uses, the demand for cassava is expected to further increase in the future. moreover, the government's initiative to promote cassava cultivation and the development of new cassava-based products is expected to boost the cassava market in india in the coming years.