Cassava Flour Market
Cassava Flour Market
The market for Cassava Flour was estimated at $6.04 billion in 2024; it is anticipated to increase to $9.0 billion by 2030, with projections indicating growth to around $12.6 billion by 2035.
Global Cassava Flour Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Cassava Flour market is projected to grow from $6.0 billion in 2024 to $11.8 billion in 2034. This represents a CAGR of 6.9%, reflecting rising demand across Gluten-Free Baking, Biodegradable Products Manufacturing and Food Thickening.
- Terra Ingredients LLC, Otto's Naturals, American Key Food Products lead the market as major players who determine its competitive dynamics.
- Nigeria and Thailand are the top markets within the Cassava Flour market and are expected to observe the growth CAGR of 4.5% to 6.6% between 2024 and 2030.
- Emerging markets including Vietnam, Kenya and Philippines are expected to observe highest growth with CAGR ranging between 7.9% to 9.5%.
- The market for Cassava Flour will experience an $800.0 million growth boost through 2030 because of the transition toward gluten-free diets.
- The Cassava Flour market is set to add $5.7 billion between 2024 and 2034, with manufacturer targeting Commercial Use & Industrial Use End Use projected to gain a larger market share.
- With Growing demand for gluten-free foods, and Emergence of paleo and vegan diets, Cassava Flour market to expand 95% between 2024 and 2034.
Opportunities in the Cassava Flour
Cassava flour offers a content of fiber and protein that attracts health conscious individuals looking for nutritious food options with substance. By promoting cassava flour as a superfood element producers can cater to the growing demand for products, in fiber and protein.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Growing Demand for Gluten-Free Foods, and Increasing Technological Innovation in Food Processing
Restraint: Limited Shelf Life
Opportunity: Exploring the Gluten-Free Food Sector and Championing Sustainable Farming Methods
Challenge: High Processing Cost
Supply Chain Landscape
DADTCO (Dynamic Agricultural Development Corporation)
Thai Farm International
Ingredion Inc.
Cargill
Jiusan Group
Ottogi Co. Ltd.
Sarawak Flour Mill Sdn. Bhd
Archer Daniels Midland Company
Grain Millers
DADTCO (Dynamic Agricultural Development Corporation)
Thai Farm International
Ingredion Inc.
Cargill
Jiusan Group
Ottogi Co. Ltd.
Sarawak Flour Mill Sdn. Bhd
Archer Daniels Midland Company
Grain Millers