Title: Global Cassava Processing Market Share, Size, Growth, Trends And Forecast 2018-2023 (1)
1 Global Cassava Processing Market Stimulated by
Flourishing Food Industry
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3Report Description and Highlights
Report Description
Global Cassava Processing Market Stimulated by
Flourishing Food Industry The global cassava
processing market has been witnessing a positive
growth. This is due to the longer shelf-life and
easier transportability of processed cassava
products along with an increasing demand for
starch and starch products across food
industry. Cassava is a carbohydrate-rich
starchy vegetable with a tuberous nature, snowy
white inner flesh and brown fibrous skin. It is
also known as mandioca, yuca or manioc and is
cultivated in subtropical and tropical regions in
the form of an annual root. Cassava is grown in
more than 90 countries across the world owing to
its ability to yield a better production in
adverse conditions as compared to other crops. It
is processed by using several methods to
transform into different products which are
consumed in various forms. A new research report
by IMARC Group, titled Cassava Processing
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023,
estimates that the market reached a volume of
284.9 Million Tons in 2017. The report further
anticipates the market to reach a volume of
309.7 Million Tons by 2023, exhibiting a CAGR of
1.4 over the forecast period.
4Report Description and Highlights
5Report Description and Highlights
Report Description
- Global Cassava Processing Market
Drivers/Constraints - The demand for processed cassava products is
rapidly increasing as they have longer shelf-life
and are easier to be transported as compared to
fresh cassava roots which are perishable and
bulky in nature. - Processed cassava products find their
applications in several industries including
ethanol, paper and cardboard, textiles, food and
pharmaceuticals. This, in turn, is driving the
growth of the global cassava processing market. - Cassava has a higher concentration of starch
which can be easily extracted on a small scale
with limited capital. This is another factor
which is positively adding to the rise in demand
for the products that are prepared with cassava
processing. - However, the root of the cassava plant includes
cyanide which may cause vomiting, dizziness,
nausea, diarrhoea, weakness and death, if not
processed properly. This acts as a hindrance
towards the growth of the market. -
-
- Read full report _at_ https//www.imarcgroup.com/cass
ava-processing-plant
6Report Description and Highlights
Report Description
End-Use Insights Based on end-use, the report
finds that food use currently represents the
largest segment of cassava processing. This is
due to the rising demand for starch and starch
products across the food industry. Food use is
followed by feed use. Regional Insights On a
geographical front, Nigeria is the leading region
in the global cassava processing market. This can
be accredited to the development of improved
varieties of cassava in the region. Nigeria is
followed by Thailand, Indonesia, Brazil and
Congo. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
560flagB
7Report Description and Highlights
Report Description
- Competitive Landscape
- The global cassava processing market is highly
fragmented with a presence of various small and
large manufacturers who compete in terms of
quality and prices. As a result, it becomes
difficult for small players to survive as there
is an intense competition in the market. Some of
the leading players operating in the market are - Avebe U.A.
- Global Bio-Chem Technology Group
- Penford Corp
- Cargill Incorporated
- Ingredion
-
- Browse more related reports
- Cassava Starch Market https//www.imarcgroup.com/
cassava-starch-processing-plant - Wheat Flour Market https//www.imarcgroup.com/wh
eat-flour-market
8Report Description and Highlights
Report Description
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