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Report Overview
The global cassava processing market was estimated to reach a volume of 293.18 MMT in 2024. The industry is expected to grow at a CAGR of 2.90% during the forecast period of 2025-2034. A key driver of the cassava processing market is the rising demand for cassava-based starch and flour in food, biofuel, and industrial applications due to their affordability and versatility, thus aiding the market to attain a volume of 390.20 MMT by 2034.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- Cassava is a source of rich carbohydrates and is gluten-free. With the rising interest in health-conscious food products, especially in gluten-free baking, the demand for gluten-free alternatives like cassava flour is rising. The rise in the demand for health-conscious and gluten-free foods is prompting cassava processors to diversify their offerings by developing cassava derivatives such as cassava chips, noodles, and snacks.
- Innovations in processing techniques like improved drying and extraction methods also enhance the quality of cassava products as well as their shelf life. Such innovations also open up the possibility of using cassava in different sectors, ranging from food to textiles. In addition, innovations in processing are expected to reduce production costs and increase efficiency.
- Consumer demographics also show that there is an increasing demand for gluten-free products due to the desire among health-conscious consumers such as millennials and Gen Z for nutritious, allergen-friendly food options. Companies are increasingly focusing on the nutritional profile of cassava-based products, emphasising their high fibre, carbohydrate content, and other beneficial nutrients. The fortification of cassava products with additional vitamins, protein, and minerals to appeal to consumers seeking nutrient-dense foods is aiding the market.
Cassava Processing Market Analysis
The cassava processing market is significantly being driven by its rising applications in the end-use industries. The industry is also being driven by the product's wide use in the textile sector as a stiffing agent and to enhance the weaving efficiency of the threat while protecting it. The rising demand from the feed industry is further aiding the market growth.
The demand for processed cassava is significantly being driven by the increasing use in the food industry. Cassava flour is widely being used in bakery products, like biscuits, cookies, and bread. The products are also used in the production of confectioneries, including gums, sweets, among others. It also finds applications in soups, sauces, baby foods, gravies, etc. as a thickener. The demand in the industry is also aided by its use as a binder in sausages and processed meats to prevent it from getting dry on being cooked. Moreover, the processed product is used in the making of chips, shrimp sticks, butter cakes, and coconut cookies, among other things.
Cassava Processing Market Report Snapshots
Cassava Processing Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate volume of 293.18 MMT.
The cassava processing market is assessed to grow at a CAGR of 2.90% between 2025 and 2034.
The major drivers of the market growth include growing utilisation of processed cassava in food industry for applications in bakery, soups, sauces, and others, along with the growing feed industry and rapid technological advancements are expected to aid the market growth.
The growing product utilisation in the textile industry is the key trend guiding the growth of the cassava processing market.
The major regional markets are Americas, Asia Pacific, Africa, rest of the world dominating the overall market share.
Cassava starch, flour, chips, and derived ethanol are the major of products in the market, out of which starch and flour together account for the largest share.
The food sector is the leading end-user of the product.
The major players in the market are Ingredion Incorporated, Tereos S.A., and Sonish Starch Technology, among others.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a volume of around 390.20 MMT by 2034.
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