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    Thailand Cassava Market

    ID: MRFR/F-B & N/42863-HCR
    200 Pages
    Snehal Singh
    September 2025

    Thailand Cassava Market Research Report By Category Outlook (Conventional, Organic), By Form Outlook (Solid, Liquid), and By Application Outlook (Food Beverages, Animal Feed, Others)- Forecast to 2035

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    Thailand Cassava Market Research Report — Forecast till 2035 Infographic
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    Thailand Cassava Market Summary

    The Thailand Cassava market is projected to grow from 3.5 USD billion in 2024 to 5.2 USD billion by 2035.

    Key Market Trends & Highlights

    Thailand Cassava Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 3.66 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 5.2 USD billion, reflecting robust growth.
    • In 2024, the market is valued at 3.5 USD billion, indicating a strong foundation for future expansion.
    • Growing adoption of sustainable agricultural practices due to increasing environmental awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 3.5 (USD Billion)
    2035 Market Size 5.2 (USD Billion)
    CAGR (2025-2035) 3.66%

    Major Players

    Green Spot Company, Betagro, Mitr Phol Group, Thai Agri Foods, Siam Cassava Products, Kaeng Koi Agricultural Products, Siam Grains, Phetchabun Cassava Processing, Kasetsart University, Charoen Pokphand Foods, CP Intertrade, Cargill Foods Thailand, Siam Food Products, Thai Wah Public Company

    Thailand Cassava Market Trends

    The Thailand Cassava Market is witnessing significant trends driven by various factors. One of the key market drivers is the increasing demand for biofuels, particularly ethanol, which is derived from cassava. The Thai government's push towards renewable energy has led to an expanded interest in cassava as a sustainable feedstock, encouraging farmers to cultivate more of this crop. Moreover, Thailand is one of the largest exporters of cassava products, such as tapioca flour and chips, which continues to bolster its agricultural economy.

    Opportunities for growth in the Thailand Cassava Market lie in the diversification of cassava-based products.The increasing trend toward healthy diets is giving rise to new products such as cassava snacks, gluten-free flour, and other health-focused food items. Local entrepreneurs can take advantage of these opportunities for value-added products for local and export markets. Cassava also has a wide range of applications for other industries, such as food, textiles, and animal feed, which offer additional opportunities for market growth. There is evidence of change towards more sustainable farming practices among Thai farmers of cassavas.

    A number of them are implementing better farming methods and using integrated pest control systems to enhance production with less damage to the environment.This aligns with the global focus on sustainability and responsible farming. Furthermore, the Thai government is also supporting research and development efforts to enhance cassava varieties, making them more resilient to climate change and pests. Overall, these trends highlight the dynamic nature of the Thailand Cassava Market, with numerous avenues for future growth and innovation.

    Market Segment Insights

    Cassava Market Category Outlook Insights

    The Thailand Cassava Market presents a diverse Category Outlook, prominently featuring both Conventional and Organic segments that cater to varying consumer preferences and industrial applications. The conventional segment continues to hold a substantial share of the market, driven by its widespread use in both local and international food industries, including tapioca production, animal feed, and starch extraction. This segment benefits from established farming techniques, interspersed with ongoing advancements in agricultural practices, which enhance yield and productivity across farms in Thailand. Conversely, the organic segment is gaining traction, reflecting a growing consumer demand for healthier and sustainably sourced products.

    Increasing awareness regarding environmental impacts and health benefits is propelling this segment's growth as more farmers adopt organic farming practices, thus capitalizing on the premium pricing of organic cassava. Both segments exhibit unique dynamics, with conventional cassava providing reliability and efficiency, while organic cassava appeals to a niche market focused on health and sustainability. Factors such as export opportunities, government policies supporting agricultural growth, and innovation in processing technologies significantly influence their development in the Thailand Cassava Market.

    As these segments evolve, they contribute to the overall growth and transformation of Thailand’s agricultural landscape, positioning the nation as a key player in the global cassava market. Notably, the Thailand Cassava Market revenue is influenced by both domestic demand and international trade, as Thai cassava is a vital export commodity, particularly in Southeast Asia.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Cassava Market Form Outlook Insights

    The Thailand Cassava Market, particularly within the Form Outlook segment, shows a robust framework with key focus areas being Solid and Liquid forms. As the demand for cassava-based products continues to rise, the Solid form has notably gained traction due to its versatility in food production, starch applications, and biofuel generation, making it a vital component of the agricultural landscape in Thailand. Conversely, the Liquid form is increasingly becoming significant, driven by its utilization in various industrial applications and as a key ingredient in processed foods and beverages.

    This duality in form emphasizes the market's complexity and adaptability to consumer preferences and industrial needs. Furthermore, the Thailand cassava industry benefits from governmental support aimed at boosting production efficiency and sustainability, which is crucial for maintaining competitiveness in international markets. The ongoing market growth is reflective of these trends as businesses increasingly look to harness cassava's potential in diverse applications, fostering innovation and expansion within the sector. With a diverse range of applications, both forms present significant opportunities for investment, innovation, and sustainable development within the Thailand Cassava Market.

    Cassava Market Application Outlook Insights

    The Thailand Cassava Market, particularly in the Application Outlook segment, shows significant potential for growth due to its diverse applications across various industries. The Food Beverages sector utilizes cassava for its starch components and as a gluten-free alternative, responding to the increasing consumer demand for healthy and sustainable food options. In addition, the Animal Feed segment sees substantial interest, as cassava serves as a cost-effective and nutritious source for livestock, particularly in a country where agriculture plays a vital role in the economy.

    Other applications demonstrate versatility by incorporating cassava in industrial processes, such as biofuel production and bioplastics, reflecting the trending shift towards sustainability. The market is driven by the rising global demand for cassava-derived products and supportive government policies aimed at enhancing agricultural productivity, while challenges include fluctuating market prices and climate-related impacts on supply. Overall, the segmentation of the Thailand Cassava Market underscores its importance in contributing to both food security and economic resilience within the region.

    Get more detailed insights about Thailand Cassava Market Research Report — Forecast till 2035

    Key Players and Competitive Insights

    The Thailand Cassava Market is characterized by a diverse array of players engaged in the cultivation, processing, and distribution of cassava products. The market landscape is influenced by a combination of local and international dynamics, with Thailand's rich agricultural history providing a strong foundation for cassava cultivation. As the demand for cassava-based products continues to rise, driven by both food and industrial applications, competition within the market intensifies. The presence of innovative agricultural practices and processing technologies significantly impacts the market landscape as companies strive to enhance yield and product quality.

    Competitive insights reveal that players within this sector are adopting strategic approaches, such as partnerships and sustainability-focused initiatives, to strengthen their market position and capitalize on emerging opportunities.Green Spot Company has established a notable presence in the Thailand Cassava Market, showcasing strengths that set it apart from competitors. The company's robust supply chain management ensures consistent quality and timely delivery of cassava products, which has built trust among its customers. Green Spot Company's commitment to sustainable practices promotes environmentally friendly cultivation techniques, resonating well with the increasing consumer demand for eco-conscious products.

    Furthermore, the company has invested in research and development to innovate new cassava-based products, catering to both local and international markets. Their strategic focus on quality enhancement and customer relations enables Green Spot Company to maintain a competitive edge and expand its market share in the rapidly growing cassava sector in Thailand.Betagro, being a significant player in the Thailand Cassava Market, has carved a distinct niche through its offerings and strategic operations.

    The company specializes in the production of cassava-derived products that cater to both the food processing industry and animal feed markets in Thailand, showcasing its adaptability in meeting diverse consumer needs. Betagro's strengths lie in its extensive distribution network, which enhances product availability across various regions, ensuring that customers have easy access to its offerings. Furthermore, the company has pursued mergers and acquisitions to augment its market presence and technological capabilities, further solidifying its position in the industry.

    With a strong commitment to quality and innovative solutions, Betagro continues to play a pivotal role in shaping the landscape of the cassava market in Thailand, reinforcing its standing as a key player through strategic planning and efficient operations.

    Key Companies in the Thailand Cassava Market market include

    Industry Developments

    The Thailand Cassava Market has witnessed significant developments recently, particularly with rising global demand for cassava products, driven by their use in food and non-food industries. In August 2023, Siam Cassava Products announced an expansion of their processing capacity to meet export demands, which is anticipated to enhance their market share. Additionally, Mitr Phol Group and Thai Wah Public Company have been active in exploring sustainable practices in cassava farming to address environmental concerns while increasing production efficiency.

    Mergers and acquisitions have also been a focus, with CP Intertrade acquiring a stake in a cassava processing venture in July 2023 to enhance its supply chain capabilities. The overall market valuation of Thailand's cassava sector has been positively impacted by these initiatives and increased investment in innovation and technology.Over the past two to three years, the Cassava Market in Thailand has seen a steady growth trajectory, supported by government policies promoting agricultural exports, which reflects the sector's strategic importance in the national economy.

    Continued interest in value-added cassava products is shaping the future of the industry, with players like Green Spot Company and Phetchabun Cassava Processing leading the charge.

    Market Segmentation

    Form Outlook

    • FoodBeverages
    • Animal Feed
    • Others

    Category Outlook

    • Solid
    • Liquid

    Application Outlook

    • FoodBeverages
    • Animal Feed
    • Others

    Cassava MarketForm Outlook

    • FoodBeverages
    • Animal Feed
    • Others

    Cassava MarketCategory Outlook

    • Solid
    • Liquid

    Cassava MarketApplication Outlook

    • FoodBeverages
    • Animal Feed
    • Others

    Cassava Market Form Outlook Insights

    Cassava Market Category Outlook Insights

    Cassava Market Application Outlook Insights

    • Conventional
    • Organic

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 3.34(USD Billion)
    MARKET SIZE 2024 3.5(USD Billion)
    MARKET SIZE 2035 5.2(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.665% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Green Spot Company, Betagro, Mitr Phol Group, Thai Agri Foods, Siam Cassava Products, Kaeng Koi Agricultural Products, Siam Grains, Phetchabun Cassava Processing, Kasetsart University, Charoen Pokphand Foods, CP Intertrade, Cargill Foods Thailand, Siam Food Products, Thai Wah Public Company
    SEGMENTS COVERED Category Outlook, Form Outlook, Application Outlook
    KEY MARKET OPPORTUNITIES Export potential to Asia, Growing demand for biofuels, Increasing use in food processing, Rising popularity of gluten-free products, Investment in sustainable farming practices
    KEY MARKET DYNAMICS growing demand for tapioca products , increasing export opportunities , fluctuating global prices , land use competition , government support initiatives
    COUNTRIES COVERED Thailand

    FAQs

    What is the projected market size of the Thailand Cassava Market in 2024?

    The Thailand Cassava Market is projected to be valued at 3.5 USD Billion in 2024.

    What is the expected market size of the Thailand Cassava Market by 2035?

    By 2035, the Thailand Cassava Market is expected to reach a value of 5.2 USD Billion.

    What is the compound annual growth rate (CAGR) for the Thailand Cassava Market between 2025 and 2035?

    The expected CAGR for the Thailand Cassava Market is 3.665% from 2025 to 2035.

    What is the market value of the conventional segment of the Thailand Cassava Market in 2024?

    The conventional segment of the Thailand Cassava Market is valued at 2.1 USD Billion in 2024.

    How much is the organic segment of the Thailand Cassava Market expected to be worth in 2035?

    The organic segment of the Thailand Cassava Market is expected to reach 2.1 USD Billion by 2035.

    Which companies are considered major players in the Thailand Cassava Market?

    Key players in the Thailand Cassava Market include Green Spot Company, Betagro, and Mitr Phol Group among others.

    What is the market value of the Thailand Cassava Market for the organic category in 2024?

    The Thailand Cassava Market for the organic category is valued at 1.4 USD Billion in 2024.

    What are the growth drivers for the Thailand Cassava Market?

    Key growth drivers for the Thailand Cassava Market include rising demand for cassava-based products and increasing export opportunities.

    What are some emerging trends in the Thailand Cassava Market?

    Emerging trends in the Thailand Cassava Market include the shift towards organic production and sustainability initiatives.

    What challenges does the Thailand Cassava Market face in the current global scenario?

    Challenges in the Thailand Cassava Market include fluctuating input costs and competition from alternative crops.

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