The 2023 data indicates Nigeria as the top producer of cassava feed, followed by China and Thailand. Most countries showed minor variations, with Ivory Coast and Laos experiencing significant increases. Russia, Laos, and Cuba had the largest year-over-year gains, whereas Sierra Leone, Togo, and Haiti posted notable declines. Over the five years, trends have modestly increased, suggesting a stable growth pattern in the industry, with a compound annual growth potentially remaining positive. Noteworthy fluctuations are present, suggesting diverse market dynamics.
Looking ahead, expect focus on countries with rapid growth potential, particularly in Africa, as cassava feed demand increases due to its cost-effectiveness and role in food security. Observing market responses to environmental sustainability and technological advancements in cassava processing will be crucial. Additionally, any changes in trade tariffs or regulations could significantly impact the distribution of cassava feed shares globally.
Top countries in Cassava Feed Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Nigeria | 32.92 | 2023 | +0.29% | -0.022% | View data |
| 2 | 2 China | 16.15 | 2023 | -4.98% | -1.51% | View data |
| 3 | 3 Thailand | 11.33 | 2023 | +5.18% | +0.94% | View data |
| 4 | 4 Brazil | 8.75 | 2023 | -2.98% | -2.46% | View data |
| 5 | 5 Vietnam | 7.97 | 2023 | +2.37% | +0.9% | View data |
| 6 | 6 Ghana | 6.03 | 2023 | +1.03% | +0.45% | View data |
| 7 | 7 Malawi | 3.58 | 2023 | +0.38% | -0.12% | View data |
| 8 | 8 Ivory Coast | 2.97 | 2023 | +2.39% | +2.5% | View data |
| 9 | 9 Paraguay | 1.81 | 2023 | +0.68% | +0.44% | View data |
| 10 | 10 Angola | 1.45 | 2023 | +0.31% | -0.18% | View data |