Cassava Market Overview in the USA
The value of the cassava market in the U.S. totaled $ in 2019, rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a tangible increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2014 indices. The pace of growth appeared the most rapid in 2008 when the market value increased by % y-o-y. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in years to come.