Market Research Future (Food and Beverages) Cassava Market Research Report- Forecast till 2023 | Page 4

Cassava Market Research Report- Forecast till 2023 3 Sample Pages On the basis of form, the market is segmented into animal feed, flour, chips, pellets, and pearls, and others. Among all, chips, pellets, and pearls forms have the highest share in the market. These forms are easy to synthesize and have a wide range application. The global cassava market is segmented on the basis of application, which includes food and beverage, animal feed, and others. Among all, the food and beverage segment holds a major share followed by industrial applications. It is used in the making of gluten-free flour owing to high carbohydrate content, which is beneficial for gluten intolerance patients. It is also used in the laundry industry owing to high starch content. Cassava market is segmented on the basis of product type, which comprises of conventional and organic product. Conventional cassava product holds major market share is due to high production capacity. However, organic cassava is expected to contribute more to the market growth. Consumer shift towards organic products is considered to be the major factor for such rise. Regional Analysis: The global cassava market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Asia Pacific market is dominating the global cassava market followed by North America. In Asia Pacific region, China, Thailand and Indonesia are the major consumers of cassava. Moreover, North America region is expected to grow rapidly owing to high demand for gluten-free carbohydrate food in the population during the forecast period 2017- 2023. Page | 4 Copyright © 2017 Market Research Future.