Market Research Future (Food and Beverages) Cassava Market Research Report | Page 3

Cassava Market Research Report- Forecast till 2023
2 Market Overview
Cassava is a woody shrub, which belongs to euphorbiaceous family. It is cultivated mostly in tropical and subtropical
regions. Cassava is known for its edible root which is a major source of carbohydrates. The powder form of Cassava
is called tapioca. Cassava has a neutral taste and is used in food and beverage products. It is gluten-free, nut free
and grain-free. Therefore, it is used in the manufacturing of gluten-free products. Superior health benefits and
increasing demand from developing countries is primarily driving the global cassava market.
Furthermore, the market is projected to propel at a high CAGR during the forecast period based on its health benefits
and potential application in the beverage and feed industry. Cassava is used to make gluten-free flour, animal feed,
confectionary products, and a substitute of sucrose in beverages. It is also used in the laundry industry for starching
of garments before ironing to give a better look.
Cassava is rich in gluten-free carbohydrates, which helps to prevent gluten intolerance and food allergies. Cassava
is helpful in reducing cholesterol level owing to the high amount of fiber content. It is a rich source of calcium,
manganese, and iron, which is beneficial for pregnant women. Cassava is neutral in taste, and it encourages
overeating by providing feeling of fullness. Increased awareness regarding the health benefits of cassava has fueled
the growth of the global cassava market. However, consumer shift towards organic cassava is anticipated to hamper
the market growth of global cassava over the forecast period.
Intended Audience:
 Food & beverage industry
 Animal feed industry
 Raw material suppliers
 Traders, importers, and exporters
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