The cassava market size volume in Australia remained stable at 2 thousand metric tons from 2014 to 2017. However, it experienced a sharp decline by 50% in 2018, stabilizing at 1 thousand metric ton from 2019 to 2023, with no year-on-year variation since then. As of 2023, the market stood at 1 thousand metric tons. The CAGR over the last five years leading up to 2023 was 0%, reflecting no growth. Forecast data from 2024 to 2028 predicts the market size will remain flat at 1 thousand metric ton, with a 0% forecasted CAGR.
Future trends to watch for include potential market diversifiers like increased investment in cassava-processing technology, shifts in consumer diets preferring gluten-free options, and possible impacts of climate change on crop yields.
