Processing of cassava is associated with a number of advantages. It improves the overall value of the product as naturally-occurring toxins found in the root are removed. The weight of the product is also reduced, thereby, facilitating easy transportation to markets. Moreover, along with the extended product shelf-life, post-harvest losses arising from breakage of the roots are also minimised. Another major driver for high demand of processed cassava is its reliability in harsh environments. Owing to the aforementioned benefits of processed cassava, it is widely used in different forms in various industries. According to a new report by Expert Market Research, the global cassava processing market reached a volume of around 298 Million Tons in 2018 and is further expected to reach 328 Million Tons by 2024.
Key findings from the report:
- The major end-use industries of processed cassava are food, feed and others. Among all, food industry represented the biggest end-use industry in 2018. Cassava starch and flour hold the largest share, which are used in bakery, confectionary, ice-creams etc.
- Country-wise, Nigeria dominated the market with a share of nearly one-fifth of the global cassava production. This can be attributed to the new improved varieties of cassava being developed in the region. Nigeria was followed by Thailand, Indonesia, Brazil and Congo.
- Some of the key players operating in the market include Avebe U.A., Global Bio-Chem Technology Group, Penford Corp., Ingredion, Emsland-Starke GmbH.
Click here for the summary of report: https://www.expertmarketresearch.com/reports/cassava-processing-market
Expert Market Research has analysed the global cassava processing market according to end-use industry, major countries and top players:
Market breakup by End-Use Industry
Market breakup by Country
- Avebe U.A.
- Global Bio-Chem Technology Group
- Penford Corp.
- Emsland-Starke GmbH
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Created on Apr 23rd 2019 07:20. Viewed 491 times.