Cassava Snacks Market - Forecast(2024 - 2030)

Report Code: FBR 0672 Report Format: PDF + Excel

Cassava Snacks Market Overview:

Cassava Snacks Market size is estimated to reach $25.2 billion by 2030, growing at a CAGR of 4.1% during the forecast period 2023-2030. Cassava, a naturally gluten-free root vegetable, is gaining prominence as a nutritious and adaptable ingredient for snack products. This market is characterized by diversification, with companies introducing innovative cassava-based snacks like chips, crackers, and convenience foods to cater to varied consumer preferences.       

Additionally, strategic collaborations with retailers and e-commerce platforms are extending market reach. Marketing initiatives, leveraging social media and digital platforms, are engaging younger, health-focused consumers. Sustainability is also a significant focus, as environmentally-conscious consumers seek responsible snack options. Overall, the cassava snacks market is evolving to meet evolving consumer demands for wholesome, convenient, and unique snack choices. These factors positively influence the Cassava Snacks industry outlook during the forecast period.

Market Snapshot:
Cassava Snacks Market - Report Coverage:

The “Cassava Snacks Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Cassava Snacks Market.




By Type

  • Cassava Chips

  • Cassava Balls

  • Cassava Nutrichips

  • Cassava French Fries

  • Cassava Sticks

  • Others

By Flavor

  • Spicy

  • Savory

  • Sweet

  • Others

By Category

  • Organic

  • Conventional

By Sales Channel

  • Convenience Stores

  • Supermarkets and Hypermarkets

  • Online Retail

  • Others

By Geography

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Netherlands, Spain, Russia, Belgium and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Taiwan, Malaysia and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

  • Rest of the World (Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis: 

    The COVID-19 pandemic has significantly impacted the Cassava Snacks Market. The increased demand for convenient, shelf-stable, and comforting snacks during lockdowns provided an initial boost to the cassava snacks sector. Consumers turned to these wholesome options, considering cassava's gluten-free and natural appeal. However, the supply chain disruptions, labor shortages, and transportation issues induced by the pandemic posed significant obstacles. Many cassava processing facilities faced operational limitations, affecting production volumes and distribution networks. Additionally, economic uncertainties led to altered consumer spending patterns, with some opting for lower-cost alternatives. As we transition towards a post-pandemic landscape, the cassava snacks market must remain agile and adaptable, continuing to meet the evolving preferences and dietary needs of a diverse consumer base while addressing supply chain resiliency and potential future disruptions.

    The conflict between Russia and Ukraine has a discernible impact on the Cassava Snacks Market. It has disrupted supply chains and led to increased uncertainty in the market. As a result, prices of cassava-derived products, including snacks, have experienced fluctuations, making it challenging for both producers and consumers to navigate the market. Many snack manufacturers have had to explore alternative sourcing options, which has driven up costs and affected product availability. Additionally, the crisis has created geopolitical tensions that further complicate trade and investment decisions in the cassava snacks industry, highlighting the interconnectedness of global supply chains and the need for diversified sourcing strategies in an increasingly uncertain world.  

Key Takeaways:

       North America is Leading the Market

Geographically, in the global Cassava Snacks Market share,  North America region held a major market share of 39.1% in 2022. This surge can be attributed to several factors, including the increasing awareness of gluten-free and healthy snack options and reflecting evolving dietary preferences. With a rising health-conscious population, cassava snacks are capturing the attention of consumers seeking convenient, guilt-free indulgences. Moreover, the region's diverse consumer base and openness to novel food experiences present a vast market for cassava snacks. North American entrepreneurs are leveraging this demand by introducing an array of innovative cassava-based snack products, from chips to crackers, meeting a wide range of taste preferences. This growth trajectory is further fueled by the robust distribution networks, well-established retail channels, and the region's propensity for adopting trendy food items. As a result, North America is emerging as a key driver of growth in the global cassava snacks market.

      Cassava Chips Segment to Register the Largest  Share

In the Cassava Snacks Market analysis, the Cassava Chips segment is estimated to hold the largest market share of 38.1% in 2022.. This trend can be attributed to a confluence of factors. The increasing awareness of cassava chips as a healthier alternative to traditional potato chips has garnered widespread consumer attention. The natural, gluten-free, and non-GMO attributes of cassava make it particularly appealing to health-conscious individuals. Additionally, the versatility of cassava allows for a diverse range of flavor profiles and seasoning options, which further enhances its appeal. According to the American Psychological Association’s Stress in America 2022, Savory/salty snacks were the most popular choice among the 67% of respondents who said they snacked in the evening (40%). This was followed by sweeter choices including candy, chocolate, and other treats (38%) as well as cookies, cake, or ice cream (37%). The convenience of cassava chips as an on-the-go snack has also contributed to its popularity. With continuous product innovation, better packaging, and targeted marketing, the cassava chips segment is well-positioned to capture the largest share of the cassava snacks market and cater to the evolving preferences of snack enthusiasts.

      Organic Sector is Leading the Market. 

According to the Cassava Snacks Market forecast, the Organic sector is estimated to register the largest market share  of 37.2% in 2022. As consumers increasingly prioritize health and environmental sustainability, organic cassava snacks have gained considerable traction. Organic products are cultivated without the use of synthetic pesticides, fertilizers, or genetically modified organisms, making them a wholesome choice.

According to Organic Food Statistics, The USDA increased funding to the organic food industry by $50 million in 2023. Moreover, the organic cassava snacks sector aligns with the broader trend of clean eating and conscientious food consumption. Health-conscious individuals and environmentally aware consumers are opting for these snacks as they perceive them as a healthier, non-toxic option. The organic label not only guarantees a higher quality product but also supports sustainable agricultural practices. This burgeoning demand for organic cassava snacks offers a substantial growth avenue for producers and suppliers, with the potential to further expand the market's reach.

      The Rising Consumption of Functional Foods fuels the Growth in the Cassava Snacks Market.

Today's consumers are not just looking for conventional snacks; they're seeking options that offer tangible health benefits. Cassava, a versatile root vegetable, is naturally gluten-free and can be processed into snacks rich in fiber, vitamins, and minerals. As functional foods gain popularity for their potential to boost well-being and support specific health goals, cassava snacks are becoming a sought-after choice. Whether it's the inherent nutritional value or the incorporation of innovative ingredients and flavor profiles, the cassava snacks market is adapting to meet this demand.

According to the Korea Health Supplements Association, 8 out of 10 Korean households purchased health functional foods at least once a year in 2022, spending an average of 327.27 USD on them. . Manufacturers are actively formulating cassava-based products with enhanced health attributes, making it a prime contender in the functional food sector. This evolution not only meets the consumer's quest for healthier options but also contributes significantly to the market's expansion. Consumers are increasingly recognizing cassava snacks as a nutritious and satisfying alternative to traditional snacks, driving further growth in the market. As the demand for functional foods continues to rise, the cassava snacks industry is poised to capitalize on this health-conscious trend, expanding its footprint in the global snack market.

Packaging and shelf-life Can Hamper the Market Growth.

Attractive and eco-friendly packaging can significantly enhance a product's visibility and appeal to discerning consumers. However, packaging challenges can arise when it comes to preserving the freshness and shelf-life of cassava snacks. Cassava is a perishable root vegetable, and maintaining its quality and texture in snack form can be a logistical hurdle. Ensuring an extended shelf life without compromising on taste and nutritional value demands advanced packaging technologies and storage conditions. Failure to address these challenges could lead to quality degradation, consumer dissatisfaction, and increased wastage, ultimately impeding the overall market growth and potential profitability. As such, addressing packaging and shelf-life concerns is pivotal to unlock the full potential of the cassava snacks market. These challenges are set to hinder the Cassava Snacks Market growth in the future.

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Cassava Snacks Market. The top 10 companies in this industry are listed below:

1.     Rancrisp (Cassava Chips)

2.     PT Indofood Sukses Makmur Tbk (Qtela Cassava Chips)

3.     PT Maxindo Karya Anugerah Tbk (Maxi Cassava Chips)

4.     Bermudez Group Limited (Soldanza Cassava Chips Original)

5.     FMF Foods Ltd (Thumbs Up Cassava Chips)

6.     Corporaćion Dinant (Zambos Cassava Chips)

7.     Artisan Tropic (Cassava Strips)

8.     Aajfoods & Co (Cassava Chips)

9.     A-1 Chips and Exports India Pvt Ltd (Cassava Chips Chilly)

10.  Lewis Organics (Organic Cassava Chips & Tapioca Flour)

Scope of Report:

Report Metric


Base Year Considered


Forecast Period




Market Size in 2030

$25.2 billion

Segments Covered

Type, Flavor, Category, Sales Channel and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Netherlands, Spain, Russia, Belgium and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Taiwan, Malaysia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Rancrisp

  2. PT Indofood Sukses Makmur Tbk

  3. PT Maxindo Karya Anugerah Tbk

  4. Bermudez Group Limited

  5. FMF Foods Ltd

  6. Corporaćion Dinant

  7. Artisan Tropic

  8. Aajfoods & Co

  9. A-1 Chips and Exports India Pvt Ltd

  10. Lewis Organics

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1. Cassava Snacks Market - Overview
1.1 Definitions and Scope
2. Cassava Snacks Market - Executive Summary
3. Cassava Snacks Market - Comparative Analysis
3.1 Company Benchmarking - Key Companies
3.2 Global Financial Analysis - Key Companies
3.3 Market Share Analysis - Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis
4. Cassava Snacks Market - Start-up Companies Scenario
4.1 Key Start-up Company Analysis by
4.1.1     Investment
4.1.2     Revenue
4.1.3     Venture Capital and Funding Scenario
5. Cassava Snacks Market – Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing Business Index
5.3 Case Studies of Successful Ventures
6. Cassava Snacks Market - Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porter’s Five Force Model
6.3.1    Bargaining power of suppliers
6.3.2    Bargaining powers of customers
6.3.3    Threat of new entrants
6.3.4    Rivalry among existing players
6.3.5    Threat of substitutes
7. Cassava Snacks Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Cassava Snacks Market – By Type
8.1 Cassava Chips
8.2 Cassava Balls
8.3 Cassava Nutrichips
8.4 Cassava French Fries
8.5 Cassava Sticks
8.6 Others
9. Cassava Snacks Market – By Flavor
9.1 Spicy
9.2 Savory
9.3 Sweet
9.4 Others
10. Cassava Snacks Market – By Category
10.1 Organic
10.2 Conventional
11. Cassava Snacks Market – By Sales Channel
11.1 Convenience Stores
11.2 Supermarkets and Hypermarkets
11.3 Online Retail
11.4 Others
12. Cassava Snacks Market - By Geography
12.1 North America
12.1.1 U.S.
12.1.2 Canada
12.1.3 Mexico
12.2 Europe
12.2.1 U.K.
12.2.2 Germany
12.2.3 France
12.2.4 Italy
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Asia-Pacific
12.3.1 China
12.3.2 India
12.3.3 Japan
12.3.4 South Korea
12.3.5 Australia & New Zealand
12.3.6 Rest of Asia-Pacific
12.4 South America
12.4.1 Brazil
12.4.2 Argentina
12.4.3 Chile
12.4.4 Colombia 
12.4.5 Rest of South America
12.5 Rest of the World
12.5.1 Middle East
12.5.2 Africa
13. Cassava Snacks Market – Entropy
14. Cassava Snacks Market – Industry/Segment Competition Landscape 
14.1 Market Share Analysis
14.1.1 Global Market Share – Key Companies
14.1.2 Market Share by Region – Key companies
14.1.3 Market Share by Countries – Key Companies
14.2 Competition Matrix
14.3 Best Practices for Companies
15. Cassava Snacks Market – Key Company List by Country Premium
16. Cassava Snacks Market - Company Analysis
16.1 Rancrisp 
16.2 PT Indofood Sukses Makmur Tbk 
16.3 PT Maxindo Karya Anugerah Tbk 
16.4 Bermudez Group Limited 
16.5 FMF Foods Ltd 
16.6 Corporaćion Dinant 
16.7 Artisan Tropic 
16.8 Aajfoods & Co 
16.9 A-1 Chips and Exports India Pvt Ltd
16.10 Lewis Organics 

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The Cassava Snacks Market is projected to grow at 4.1% CAGR during the forecast period 2023-2030.

Global Cassava Snacks Market size is estimated to be $19.1 billion in 2023 and is projected to reach $25.2 billion by 2030.

The leading players in the Cassava Snacks Market are Bermudez Group Limited, FMF Foods Ltd, Corporaćion Dinant, Artisan Tropic, Aajfoods & Co and others.

Government initiatives and incentives supporting cassava agriculture and processing and a shift toward ethnic and culturally diverse snacking options are some of major Cassava Snacks Market trends in the industry which will create growth opportunities for the market during the forecast period.

Leveraging the trend towards plant-based and gluten-free diets to promote cassava snacks as a healthy alternative and Development of innovative flavors and packaging to attract a wider consumer base are the driving factors of the market.