Cassava Market Global Research Report
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Cassava Market Global Research Report
Cassava Market Global Research Report Information by Category (Organic and Conventional), Form (Solid and Liquid), Application (Food & Beverages [Bakery and Confectionary, Beverages, Dairy and Frozen Dessert, Sweet and Savory Snacks, and Others], Animal Feed, and Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World) - Forecast till 2024
Key Players: Cargill (U.S.), Tate & Lyle (U.K.), Grain Millers, Inc. (U.S.), American Key Food Products LLC (U.S.), Venus Starch Suppliers (India), Parchem fine & specialty chemicals (U.S) and Ingredion Inc. (U.S.) are some of the prominent companies operating in the Global Cassava Market.
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Cassava Market Global Research Report
Global Cassava Market is projected to register a growth rate of 3.2% from 2019 to 2024 to reach a market value of USD 4.5 billion by the end of 2024. Cassava has a pleasant taste, which makes its suitable ingredient for various F&B products. Being a gluten-free product it finds application in health-centric food items. It is increasingly used in manufacturing animal feed, gluten-free flour, confectionary products, etc. Moreover, it is frequently used as a substitute for sucrose in beverages. Several health benefits associated with the product make it an extremely marketable product.
Regional Analysis: Based on region, the global cassava market has been segmented into Asia Pacific (APAC), Europe, North America and rest of the world (RoW). Spain, Vietnam, Thailand, China and the U.S. are among the top importers of cassava. Asia Pacific has emerged as the largest market for cassava. The product is extremely popular in countries such as Indonesia, Thailand and China among others. APAC is followed by North America. The cassava market in North America is growing at a rapid pace. Growing popularity of glutenfree carbohydrate food products among consumers is reflecting favourably on the region’s market.
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Cassava Market Global Research Report
Segmentation MRFR’s study includes a thorough segmental analysis of the Global Cassava Market on the basis of form, application and product type. Based on form, the market has been segmented into flour, pellets, animal feed, pearls, chips and others. Of these, chips, pearls, pellets segment are expected to present relatively higher market values during the forecast period. These cassava forms have broad ranges of application and easier to synthesize. Based on application, the market has been segmented into animal feed, food and beverage and others. The food and beverage (F&B) segment remains highly attractive in terms of revenue. Cassava is used in various types of F&B products, which characterises the segment’s important status. Cassava has high carbohydrate content and is used in producing gluten-free flour. Apart from F&B, the product is also witnessing growth in laundry industry due to high starch content. Intended Audience •
Cassava processors
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Commercial research and development institutions
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Raw material suppliers and distributors
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Agricultural associations and farmers
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Traders, exporters, and importers
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Copyright © 2017 Market Research Future.
Cassava Market Global Research Report
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Copyright Š 2017 Market Research Future.