GCC Cassava Processing Market: Market Size, Share, Trends, Industry Analysis, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the GCC cassava processing market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Cassava, also known as manioc or yuca, refers to a woody shrub of the spurge family that is native to South America. It is among the most popular ingredients in starch production. Cassava processing comprises of various processes that involve the drying, cooking, and fermentation of cassava to improve its shelf life, reduce its weight, and enhance its overall value. It also helps in eliminating potentially toxic cyanogenic glucosides. Cassava is an excellent source of carbohydrates and is widely available in the form of chips, pellets, flour, etc. It also exhibits beneficial thickening properties and is utilized across several sectors, including food and beverage (F&B), paper, animal feed, pharmaceutical, textile, etc.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
GCC Cassava Processing Industry Trends and Drivers:
The growing requirement for cassava flour in the F&B industry is among the primary factors driving the GCC cassava processing market. In line with this, the elevating product usage in the production of bakery and confectionery items, such as cakes, gums, cookies, bread, etc., and as a thickener in gravies, curries, baby foods, etc., is further propelling the market growth. Moreover, the shifting consumer preferences towards ready-to-eat (RTE) food products, which are often processed with cassava, are also augmenting the GCC market. In addition to this, cassava starch is used as a stiffening and sizing agent in the textile sector to improve the efficiency of weaving processes, which is acting as another significant growth-inducing factor. Furthermore, the rising utilization of cassava in animal feed, on account of its high levels of carbohydrate concentration, is anticipated to fuel the GCC cassava processing market in the coming years.
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GCC Cassava Processing Segmentation:
The market is segmented in on the basis of type, end use and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the cassava processing market with the leading players profiled in the report.
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