India Cassava Market By, Category (USD Million)
Synopsis
The above chart is India Cassava Market By, Category (USD Million)
Market Dynamics
india has emerged as a key player in the global cassava market, both in terms of production and demand. cassava, also known as tapioca, is a starchy root crop that is widely consumed in india and other parts of the world. it is a versatile crop that can be used for a variety of purposes, including food, animal feed, and industrial applications.
one of the key factors driving the demand for cassava in india is its role as a staple food in many parts of the country. cassava is consumed in various forms in india, such as boiled, fried, or mashed, and is an important part of the diet for millions of people. it is especially popular in the southern states of india, where it is a major source of carbohydrates and provides important nutrients for the local population.
in recent years, the demand for processed cassava products has also been on the rise in india. this is largely due to the increasing urbanization and changing consumer preferences in the country. processed cassava products such as cassava chips, flour, and starch are being used in a variety of food products, including snacks, baked goods, and gluten-free products. this trend is expected to continue, driving the demand for cassava in the country.
another major factor contributing to the demand for cassava in india is its use as animal feed. cassava has a high nutrient content and is considered an affordable alternative to traditional animal feed ingredients such as maize and soybean. with the growing demand for meat and dairy products in india, there is an increased demand for cassava as animal feed, particularly in the poultry and dairy industries.
furthermore, the industrial applications of cassava have also been driving its demand in india. cassava starch is used in a variety of industries, including paper, textile, and pharmaceuticals, as a thickener and stabilizer. the demand for cassava starch has also been increasing in the production of biofuels, with india being one of the largest consumers of ethanol in the world.
in conclusion, the demand for cassava in india is being driven by various factors, including its role as a staple food, as an ingredient in processed food products, as animal feed, and for industrial applications. with the growing population and changing consumer preferences, the demand for cassava is expected to increase further, making india a significant market in the global cassava industry.