The Cassava Market Size Volume Per Capita in China indicates stability with marginal year-on-year growth from 2024 to 2028. The market volume per capita is predicted at 1.96 kg in 2024 and 2025, followed by a slight increase to 1.97 kg in 2026 and 2027, and reaching 1.98 kg in 2028. Compared to 2023, where the volume stood at 1.96 kg per capita, the volume shows minimal variation, marking a steady trajectory.
Variations over the last two years: The forecasted values for 2024 and 2025 show no change from the 2023 baseline, while 2026, 2027, and 2028 exhibit a modest increment of approximately 0.51% per annum.
Five-year CAGR: The compounded annual growth rate from 2024 through 2028 is approximately 0.20%, underscoring a very gradual upward trend.
Future trends to watch for:
- Increased demand driven by the food processing industry and emerging uses in biofuel production.
- Potential impact of agricultural advancements and innovations on yield and production efficiency.
- Policy changes and trade dynamics affecting cassava import tariffs and restrictions.
