In 2023, the US cassava market size stood at 15.0 thousand metric tons. Forecast data indicates a stable market size from 2024 to 2027, maintaining 15.0 thousand metric tons, before experiencing a slight increase to 16.0 thousand metric tons in 2028. This suggests a steady market with a gradual growth of 6.67% projected in 2028.
Future trends to watch for include:
- Potential shifts in consumer preference towards gluten-free and non-grain alternatives, which could boost cassava demand.
- Innovation in cassava-based products and increased awareness could drive market growth.
- Monitoring trade policies or environmental factors that might affect cassava cultivation or importation is essential for strategic planning.