Title: Global Cassava Processing Market: Share, Size and Forecast 2017-2022
1 Cassava Processing Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2017-2022
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3Report Description and Highlights
Report Description
- Global Cassava Processing Market Driven by a
Steady Demand in the Food and Animal Feed
Industry - The global cassava processing market has
witnessed a moderate growth over the past few
years. Some of the major driving factors include
expanding applications, growing population and
strong demand from food and animal feed industry. - IMARC Groups latest report, titled Cassava
Processing Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast
2017-2022, finds that the global cassava
processing market reached a volume of around 279
Million Tons in 2016, growing at a CAGR of around
2.5 during 2009-2016. Cassava is a tropical crop
which is easy to grow and harvest even during the
adverse conditions. It serves as a staple food
for a major portion of the global population
living in the tropical and sub-tropical regions.
As a result of its high perishability, cassava is
processed into a number of products such as
flour, starch, chips, fillets, etc. Processing
enhances the value of the product by reducing its
weight, lessening post-harvest losses, removing
naturally occurring toxins and extending its
shelf life. - Highlights of the Global Cassava
Processing Market - Expanding applications coupled with a strong
demand from the food industry remain the primary
growth driving factors.
4Report Description and Highlights
Report Description
- In terms of consumption, food use accounts for a
half of the global market share. - Nigeria accounts for a fifth of the market share,
representing the largest market. - Processed cassava finds applications in the food
industry, where it is widely used in the
manufacturing of bakery products,
confectionaries, jams and preserves, canned
fruits, MSG, caramel, etc. Cassava chips and
pellets are mainly used by the animal feed
industry. The growing awareness about the
properties of the processed cassava has resulted
in its expanded applications across various other
industries which include paper and cardboard,
ethanol, textiles, glues and adhesives and
pharmaceuticals. Moreover, the rising demand for
biofuels, population growth and popularity of
Gari are some of the other factors that are
further expected to strengthen its demand
globally. According to the report, the market is
further projected to reach a volume of more than
309 Million Tons by 2022. - The market has been segmented on the basis of
end-use. Currently, food use accounts for a half
of the global market share. On the basis of
region, Nigeria represents the leading producer
of cassava. Some of the other markets include
Thailand, Indonesia, Brazil and Congo. Some of
the key players operating in the market are Avebe
U.A., Global Bio-Chem Technology Group, Penford
Corp, Cargill Incorporated and Ingredion. - Browse full report on Cassava Processing Market
http//www.imarcgroup.com/cassava-processing-plant
5Report Description and Highlights
Report Description
6Report Description and Highlights
Report Description
- The report has examined the global cassava
processing market on the basis of - End-use
- Food use
- Feed use
- Others
-
- Region
- Nigeria
- Thailand
- Indonesia
- Brazil
- Congo
- Others
-
- Major Manufacturers
- Avebe U.A.
- Global Bio-Chem Technology Group
- Penford Corp
7Report Description and Highlights
Report Description
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Related Reports Cocoa Processing Market _at_
http//www.imarcgroup.com/cocoa-processing-plant
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at-flour-market
8Report Description and Highlights
Report Description
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