As of 2023, cassava demand in the US was approximately 222 thousand metric tons. Forecasted demand shows a steady increase, reaching 241 thousand metric tons by 2028. Year-on-year growth remains moderate, with percentages ranging from 1.76% to 1.69% annually over the next few years. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 1.64%, indicating a stable upward trend in cassava consumption.
Future trends to watch for include:
- Increasing popularity of gluten-free and alternative grain products driving higher demand.
- Technological advancements in cassava processing and product innovation.
- Shifts in dietary patterns and health-focused consumer behaviors influencing demand.