Mexico Cassava Market By, Category (USD Million)
Synopsis
The above chart is Mexico Cassava Market By, Category (USD Million)
Market Dynamics
mexico is the world's sixth-largest producer of cassava, also known as yuca or manioc. it is an important crop for the country, with vast areas of land dedicated to its cultivation. in recent years, the demand for cassava in mexico has been steadily increasing, and it is expected to continue to do so in the coming years. this demand is driven by several factors, including increasing population, changing dietary patterns, and the growth of the processed food industry.
one of the primary drivers of demand for cassava in mexico is the country's growing population. with a population of over 126 million, mexico is the 11th most populous country in the world. as the population continues to grow, so does the demand for cassava, which is a staple food for many mexicans. in fact, cassava is the third most important food crop in mexico after corn and beans, and it is estimated that over 12 million mexicans rely on cassava as their primary source of calories.
another factor contributing to the demand for cassava is the changing dietary patterns in mexico. traditionally, corn has been the staple food of the country, but with the increasing influence of western diets, there has been a shift towards processed foods. cassava is used as an ingredient in many processed foods, such as chips, snacks, and tortillas, making it an essential crop for the processed food industry. as more mexicans adopt a modern and convenience-oriented lifestyle, the demand for these processed foods is expected to increase, driving the demand for cassava.
additionally, the mexican government has implemented policies and programs to promote the production and consumption of cassava. for example, the pro-cassava program, launched in 2014, aims to increase cassava production and improve the livelihoods of small-scale farmers. this program has helped to boost the demand for cassava in mexico, as well as increase its export potential.
furthermore, cassava has several industrial applications, such as in the production of biofuels, animal feed, and starch for various industries. the increasing demand for these products in mexico has also contributed to the demand for cassava.
in conclusion, the demand for cassava in mexico is expected to continue to grow in the coming years, driven by population growth, changing dietary patterns, government initiatives, and industrial demand. this presents opportunities for both domestic and international producers and exporters of cassava to tap into the mexican market and benefit from its growing demand.