Global Organic Cassava Flour Market: Market Overview
Organic cassava flour is made using organically produced cassava roots that have a nutty taste. It is widely used as an alternative to regular flour due to its high functionality. Organic cassava flour is naturally gluten-free and can be used for making gluten-free baked products and gluten-free cooking. Organic cassava flour offers high nutritional benefits thus seen as healthy alternatives. It has a white colour and fine texture that can be used for making various food products and also processed food products. Organic cassava flour is free from the nut, grains, and gluten making it an optimum solution for consumers suffering from such allergies.
The organic cassava flour market is growing with the increasing demand for gluten-free bakery products from consumers suffering from celiac disease caused by gluten intake. The availability of various substitutes for organic cassava flour such as organic wheat flour, organic corn flour, and others are expected to affect the growth of the organic cassava flour market.
Global Organic Cassava Flour Market: Market Dynamics
Wide applications of organic cassava flour in the food industry to drive market growth for organic cassava flour market.Organic cassava flour can be used to produce a wide variety of products in the food industry owing to its binding capabilities. It can be used to make gluten-free bakery products such as cookies, biscuits, cakes, and others, moreover, it is also used in making sauces, frozen desserts, noodles, and pasta. The high water binding capacity enables it to be used in making snacks and cereals such as pretzels, crackers, chips, extruded puffs, tortillas, and others. Thus with so many applications of organic cassava flour in the food industry, it is expected to see high growth over the forecast period.
Global Organic Cassava Flour Market: Segmentation
Based on type, the global organic cassava flour market is segmented as:
- Extra Fine
Based on end use, the global organic cassava flour market is segmented as:
- Food Industry
- Soups and Sauces
- Cereals and Snacks
- Processed food
- Animal feed
- Infant Food Products
- Foodservice industry
- Household/ Retail
Based on distribution channel, the global organic cassava flour market is segmented as:
- Business to Business
- Business to Consumers
- Online Retail
- Specialty Stores
- Convenience Stores
Based on region, the global organic cassava flour market is segmented as:
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa
Global Organic Cassava Flour Market: Key Players
Some of the key players operating in the organic cassava flour market are Anthonys Goods, Otto's Naturals, Edward & Sons Trading Co, American Key Food Products, Food to Live, GEM Farmer’s Way, LLC., Pamela’s Products, Ciranda, Inc., Carrington Farms, Ecoideas.
Global Organic Cassava Flour Market: Opportunities
The organic cassava flour market is expected to see high growth with the increased awareness among the consumers about the functional benefits of the flour. Organic cassava flour is rich in nutrition such as carbohydrates, vitamins, and minerals. Thus it is expected to attract consumers seeking healthy flour options for their regular cooking purpose. With the increasing demand for organic food products in the market, it is expected to create opportunities for increased sales for organic cassava flour market players. The high disposable income and willingness to buy healthy food products are expected to drive growth for the organic cassava flour market and create the opportunity for expansion and increased revenue for new and existing players.
Global Organic Cassava Flour Market: Regional Outlook
Organic cassava flour is consumed in the African and Latin American countries traditionally and also accounts for the largest producer of cassava. Organic cassava flour is also produced and consumed in large quantities in the Asia Pacific region. North American market is expected to create opportunities for growth for organic cassava flour market players owing to less penetration of the product in the market. Thus players are focusing to offer their products in the North American market to cater to the increasing demand for organic cassava flour.
COVID 19 Impact on the Global Cassava Flour Market
The outbreak of COVID 19 affected business activities across the globe with lockdown imposed in various regions affecting the availability of products. Pandemic also affected the food industry with fluctuations in the consumer demands due to stockpiling and panic buying behaviour of the consumers. This pandemic increased the demand for nutritious food and beverage products and increased preference for home-cooked food, thus affecting the foodservice industry. With the reopening of markets in various regions, the conditions are stabilizing and it is expected to recover soon. This pandemic has affected the organic cassava flour market at a low level and is expected to recover in the next two to three quarters.
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