Cassava is the third most important crop of the tropical region after rice and maize. It is grown in over 90 countries as it is a good source of carbohydrates and yields a better produce in adverse conditions than most other crops. According to IMARC Group’s latest report “Cassava Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global cassava processing market grew at CAGR of around 2.6% during 2011-2018, reaching a production volume of around 253.4 Million Tons in 2018. Majority of the population of Africa, Latin America and Asia depends on cassava for sustenance as it provides food as well as occupation to farmers and traders. A major part of cassava is consumed directly and the rest is processed as starch, flour, pellets, chips, etc. Processing of cassava removes the toxins, increases its shelf life, reduces its weight and enhances its overall value. Processed cassava has various applications in a number of industries, some of which include - food, ethanol, paper and cardboard, textiles, pharmaceutical, glues and adhesives.
IMARC Group’s latest study has analysed the market on the basis of the end uses of cassava. Food industry accounts for around a half of the total global cassava consumption followed by feed industry. Region-wise, Nigeria is the world’s leading producer of cassava accounting for around a fifth of the world’s cassava production followed by Thailand, Indonesia, Brazil, Ghana, Congo and others. The report has also analysed the key global players operating in the cassava processing market. Some of the players analysed by this report include - Avebe U.A., Global Bio-Chem Technology Group, Emsland Group, Cargill Incorporated and Ingredion.
The report provides a detailed roadmap for setting up a cassava processing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the cassava processing market. This ranges from a comprehensive view of the market to minute details of the industry performance, processing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the cassava processing industry in any manner.
Key Questions Answered in This Report:
- How has the cassava market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global cassava industry?
- What are the key application segments in the global cassava industry?
- What are the various stages in the value chain of the cassava industry?
- What are the key driving factors and challenges in the cassava industry?
- What is the structure of the cassava industry and who are the key players?
- What is the degree of competition in the cassava processing industry?
- What are the profit margins in the cassava processing industry?
- What are the key requirements for setting up a cassava processing plant?
- How is cassava processed?
- What are the various unit operations involved in a cassava processing plant?
- What is the total size of land required for setting up a cassava processing plant?
- What are the machinery requirements for setting up a cassava processing plant?
- What are the raw material requirements for setting up a cassava processing plant?
- What are the packaging requirements for cassava?
- What are the transportation requirements for cassava?
- What are the utility requirements for setting up a cassava processing plant?
- What are the manpower requirements for setting up a cassava processing plant?
- What are the infrastructure costs for setting up a cassava processing plant?
- What are the capital costs for setting up a cassava processing plant?
- What are the operating costs for setting up a cassava processing plant?
- What will be the income and expenditures for a cassava processing plant?
- What is the time required to break-even?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cassava Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.4 Market Breakup by Region
5.5 Market Breakup by End-Use
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.8.1 Raw Material Suppliers
5.8.2 Processors
5.8.3 Distributors
5.8.4 Exporters
5.8.5 End-Users
5.9 Porter’s Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1 Nigeria
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Thailand
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Indonesia
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Brazil
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Ghana
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Congo
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market by End-Use
7.1 Food Industry
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Feed Industry
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Competitive Landscape
9 Cassava Processing
9.1 Product Overview
9.2 Detailed Process Flow
9.3 Various Types of Unit Operations Involved
9.4 Mass Balance and Raw Material Requirements
10 Project Details, Requirements and Costs Involved
10.1 Land Requirements and Expenditures
10.2 Construction Requirements and Expenditures
10.3 Plant Layout
10.4 Plant Machinery
10.5 Major Machinery Pictures
10.6 Raw Material Requirements and Expenditures
10.7 Raw Material and Final Product Pictures
10.8 Packaging Requirements and Expenditures
10.9 Transportation Requirements and Expenditures
10.10 Utility Requirements and Expenditures
10.11 Manpower Requirements and Expenditures
10.12 Other Capital Investments
11 Loans and Financial Assistance
12 Project Economics
12.1 Capital Cost of the Project
12.2 Techno-Economic Parameters
12.3 Product Pricing and Margins Across Various Levels of the Supply Chain
12.4 Taxation and Depreciation
12.5 Income Projections
12.6 Expenditure Projections
12.7 Financial Analysis
12.8 Profit Analysis
13 Key Player Profiles
List of Figures
Figure 1: Global: Cassava Market: Major Drivers and Challenges
Figure 2: Global: Cassava Market: Production Volume Trends (in Million Tons), 2011 - 2018
Figure 3: Global: Cassava Market: Production Value Trends (in Billion US$), 2011 - 2018
Figure 4: Global: Cassava Market: Average Price Trends (in US$/Ton), 2011 - 2018
Figure 5: Global: Cassava Market: Breakup by Region (in %), 2018
Figure 6: Global: Cassava Market: Breakup by End-Use (in %), 2018
Figure 7: Global: Cassava Market Forecast: Production Volume Trends (in Million Tons), 2019 - 2024
Figure 8: Global: Cassava Market Forecast: Production Value Trends (in Billion US$), 2019 - 2024
Figure 9: Global: Cassava Industry: SWOT Analysis
Figure 10: Global: Cassava Industry: Value Chain Analysis
Figure 11: Global: Cassava Industry: Porter’s Five Forces Analysis
Figure 12: Nigeria: Cassava Market (in Tons), 2011 & 2018
Figure 13: Nigeria: Cassava Market Forecast (in Tons), 2019-2024
Figure 14: Thailand: Cassava Market (in Tons), 2011 & 2018
Figure 15: Thailand: Cassava Market Forecast (in Tons), 2019-2024
Figure 16: Indonesia: Cassava Market (in Tons), 2011 & 2018
Figure 17: Indonesia: Cassava Market Forecast (in Tons), 2019-2024
Figure 18: Brazil: Cassava Market (in Tons), 2011 & 2018
Figure 19: Brazil: Cassava Market Forecast (in Tons), 2019-2024
Figure 20: Ghana: Cassava Market (in Tons), 2011 & 2018
Figure 21: Ghana: Cassava Market Forecast (in Tons), 2019-2024
Figure 22: Congo: Cassava Market (in Tons), 2011 & 2018
Figure 23: Congo: Cassava Market Forecast (in Tons), 2019-2024
Figure 24: Others: Cassava Market (in Tons), 2011 & 2018
Figure 25: Others: Cassava Market Forecast (in Tons), 2019-2024
Figure 26: Global: Cassava Market: Food Industry (in Tons), 2011 & 2018
Figure 27: Global: Cassava Market Forecast: Food Industry (in Tons), 2019-2024
Figure 28: Global: Cassava Market: Feed Industry (in Tons), 2011 & 2018
Figure 29: Global: Cassava Market Forecast: Feed Industry (in Tons), 2019-2024
Figure 30: Global: Cassava Market: Other End-Use (in Tons), 2011 & 2018
Figure 31: Global: Cassava Market Forecast: Other End-Use (in Tons), 2019-2024
Figure 32: Cassava Manufacturing Plant: Detailed Process Flow
Figure 33: Cassava Manufacturing Process: Conversion Rate of Feedstocks
Figure 34: Cassava Manufacturing Plant: Proposed Plant Layout
Figure 35: Cassava Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 36: Cassava Industry: Profit Margins at Various Levels of the Supply Chain
Figure 37: Cassava Production: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Cassava Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Cassava Market Forecast: Breakup by Region, 2019-2024
Table 3: Global: Cassava Market Forecast: Breakup by End-Use, 2019-2024
Table 4: Global: Cassava Market: Competitive Structure
Table 5: Cassava Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 6: Cassava Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 7: Cassava Manufacturing Plant: Costs Related to Cassava Chips Production Line (in US$)
Table 8: Cassava Manufacturing Plant: Costs Related to Cassava Starch Production Line (in US$)
Table 9: Cassava Manufacturing Plant: Costs Related to Cassava Flour Production Line (in US$)
Table 10: Cassava Manufacturing Plant: Costs Related to Cassava Pellets Production Line (in US$)
Table 11: Cassava Manufacturing Plant: Summary of Machinery Cost (in US$)
Table 12: Cassava Manufacturing Plant: Raw Material Requirements
Table 13: Cassava Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 14: Cassava Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 15: Details of Financial Assistance Offered by Financial Institutions
Table 16: Cassava Manufacturing Plant: Capital Costs (in US$)
Table 17: Cassava Manufacturing Plant: Techno-Economic Parameters
Table 18: Cassava Manufacturing Plant: Taxation and Depreciation (in US$)
Table 19: Cassava Manufacturing Plant: Income Projections (in US$)
Table 20: Cassava Manufacturing Plant: Expenditure Projections (in US$)
Table 21: Cassava Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 22: Cassava Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 23: Cassava Manufacturing Plant: Profit and Loss Account (in US$)