Category: Food & Drink, Business, Science & Nature

The global cassava market is experiencing steady growth, driven by rising demand for staple food crops, expanding industrial applications, and increasing adoption of cassava-based products. Valued at USD 198.9 billion in 2024, the market is projected to grow from USD 207.22 billion in 2025 to USD 312.15 billion by 2035, with a CAGR of 4.18%. Cassava's role as a staple food crop in developing economies, its gluten-free nature, and its use in industrial applications such as starch production and bioethanol are key growth drivers. Government support and technological advancements in agriculture and processing are further boosting market expansion. The Asia-Pacific region dominates the market, with Africa and Latin America also contributing significantly. Despite challenges such as pests, diseases, and price volatility, opportunities exist in high-value derivatives and sustainable bio-based materials.