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    Thailand Cassava Market

    ID: MRFR/FnB/42863-HCR
    200 Pages
    Snehal Singh
    October 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 Infographic
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    Thailand Cassava Market Summary

    As per MRFR analysis, the cassava market Size was estimated at 5000.0 USD Million in 2024. The cassava market is projected to grow from 5247.0 USD Million in 2025 to 8500.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.94% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Thailand cassava market is experiencing robust growth driven by rising demand for processed products and sustainability initiatives.

    • The largest segment in the Thailand cassava market is the processed products segment, which is witnessing a surge in demand.
    • The fastest-growing segment is the biofuel segment, reflecting a shift towards renewable energy sources.
    • Thailand is the largest exporter of cassava, while the fastest-growing market is in Asia-Pacific regions.
    • Key market drivers include increasing export opportunities and government support for sustainable agricultural practices.

    Market Size & Forecast

    2024 Market Size 5000.0 (USD Million)
    2035 Market Size 8500.0 (USD Million)

    Major Players

    Olam International (SG), Cargill (US), BASF (DE), Tropical Foods (GH), Dufil Prima Foods (NG), Cassava Processing Company (GH), Siam Cassava Products (TH), Thai Wah Public Company Limited (TH), Agro Products and Agencies (IN)

    Thailand Cassava Market Trends

    The cassava market in Thailand is characterized by its robust production and diverse applications. Cassava, a staple root crop, plays a crucial role in the agricultural landscape, contributing significantly to the economy. The country is among the leading producers of cassava, with a substantial portion of the crop being exported. The demand for cassava products, such as flour and starch, continues to rise, driven by both domestic consumption and international markets. This trend suggests a growing recognition of cassava's versatility and nutritional value, which may lead to increased investment in processing facilities and research initiatives. In recent years, the cassava market has experienced shifts due to changing consumer preferences and technological advancements. Innovations in cultivation and processing techniques appear to enhance yield and quality, potentially making Thai cassava more competitive on the world stage. Furthermore, the government's support for sustainable agricultural practices may influence the market dynamics positively. As the cassava market evolves, stakeholders must remain vigilant to emerging trends and adapt strategies accordingly to capitalize on new opportunities.

    Rising Demand for Processed Products

    There is an increasing interest in processed cassava products, such as flour and starch, driven by their applications in various industries. This trend indicates a shift towards value-added products, which may enhance profitability for producers.

    Sustainability Initiatives

    The emphasis on sustainable farming practices is gaining traction within the cassava market. Efforts to promote environmentally friendly cultivation methods could lead to improved soil health and long-term viability of cassava production.

    Technological Advancements in Cultivation

    Innovations in agricultural technology are likely to improve cassava yields and resilience against pests and diseases. These advancements may provide farmers with better tools to enhance productivity and ensure food security.

    Thailand Cassava Market Drivers

    Rising Health Consciousness

    There is a growing trend of health consciousness among consumers in Thailand, which is positively impacting the cassava market. As more individuals seek healthier dietary options, cassava is gaining recognition for its nutritional benefits, including being rich in carbohydrates and low in fat. In 2025, it is estimated that the demand for cassava-based health products will increase by 20%, reflecting a shift towards natural and wholesome ingredients. This trend is encouraging food manufacturers to innovate and develop new cassava-based products, such as snacks and flour alternatives. Consequently, the cassava market is likely to see a diversification of its product offerings, catering to the evolving preferences of health-conscious consumers.

    Increasing Export Opportunities

    The cassava market in Thailand is experiencing a notable increase in export opportunities, driven by the growing global demand for cassava-based products. In 2025, Thailand is projected to export approximately 1.5 million tons of cassava, primarily to markets in Asia and Europe. This surge in exports is attributed to the rising popularity of cassava as a gluten-free alternative in food products and its use in biofuel production. The Thai government is actively supporting this trend by implementing policies that enhance the competitiveness of cassava farmers and processors. As a result, the cassava market is likely to benefit from improved trade relations and increased foreign investment, which could further stimulate growth in the sector.

    Technological Innovations in Processing

    Technological innovations in processing are significantly influencing the cassava market in Thailand. Advances in processing techniques, such as improved drying and milling technologies, are enhancing the quality and shelf-life of cassava products. In 2025, it is anticipated that the adoption of these technologies could increase the efficiency of cassava processing by 25%, thereby reducing production costs. This efficiency gain is likely to attract more investments in the cassava market, as manufacturers seek to capitalize on the growing demand for processed cassava products. Furthermore, these innovations may lead to the development of new applications for cassava, expanding its market reach and creating additional revenue streams for producers.

    Government Support and Policy Initiatives

    The Thai government plays a crucial role in shaping the cassava market through various support and policy initiatives. In recent years, the government has introduced programs aimed at enhancing the productivity and sustainability of cassava farming. For instance, subsidies for fertilizers and improved seed varieties are being provided to farmers, which could potentially increase yields by up to 30%. Additionally, the government is promoting research and development in cassava processing technologies, which may lead to higher value-added products. These initiatives are expected to strengthen the cassava market by ensuring a stable supply chain and improving the overall competitiveness of Thai cassava in both domestic and international markets.

    Climate Resilience and Adaptation Strategies

    Climate resilience and adaptation strategies are becoming increasingly vital for the cassava market in Thailand. As climate change poses challenges to agricultural productivity, the cassava industry is focusing on developing resilient varieties that can withstand adverse weather conditions. Research indicates that certain cassava varieties can yield up to 40% more under drought conditions compared to traditional ones. The implementation of sustainable farming practices, such as intercropping and soil conservation techniques, is also gaining traction among farmers. These strategies are expected to enhance the resilience of the cassava market, ensuring consistent supply and quality of cassava products in the face of climate variability.

    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

    Key Players and Competitive Insights

    The cassava market exhibits a dynamic competitive landscape characterized by a blend of established players and emerging companies. Key growth drivers include increasing demand for cassava-based products in food and industrial applications, alongside a growing emphasis on sustainable agricultural practices. Major companies such as Thai Wah Public Company Limited (TH), Olam International (SG), and Cargill (US) are strategically positioned to leverage these trends. Thai Wah Public Company Limited (TH) focuses on innovation in product development, particularly in the realm of cassava flour and starch, while Olam International (SG) emphasizes supply chain optimization and sustainability initiatives. Cargill (US) is actively pursuing regional expansion, enhancing its market presence through strategic partnerships and acquisitions, which collectively shape a competitive environment that is increasingly focused on sustainability and innovation.

    The business tactics employed by these companies reflect a concerted effort to localize manufacturing and optimize supply chains. The market structure appears moderately fragmented, with a mix of large multinational corporations and smaller regional players. This fragmentation allows for diverse strategies, yet the collective influence of key players like Thai Wah Public Company Limited (TH) and Olam International (SG) is significant, as they set benchmarks for operational excellence and sustainability practices.

    In October 2025, Thai Wah Public Company Limited (TH) announced a partnership with a local agricultural cooperative to enhance cassava production efficiency. This collaboration aims to improve yield through advanced agricultural techniques and sustainable practices, thereby reinforcing Thai Wah's commitment to sustainability while ensuring a reliable supply of high-quality cassava. Such initiatives not only bolster the company's operational capabilities but also align with broader market trends towards sustainable sourcing.

    In September 2025, Olam International (SG) launched a new digital platform aimed at streamlining its cassava supply chain. This platform integrates AI-driven analytics to optimize logistics and reduce waste, reflecting Olam's focus on digital transformation. The strategic importance of this move lies in its potential to enhance operational efficiency and responsiveness to market demands, positioning Olam as a leader in technological innovation within the cassava sector.

    In August 2025, Cargill (US) completed the acquisition of a regional cassava processing facility, significantly expanding its production capacity. This strategic acquisition is likely to enhance Cargill's ability to meet growing demand for cassava-based products, particularly in the food industry. By increasing its footprint in the region, Cargill not only strengthens its market position but also demonstrates a commitment to investing in local economies and sustainable practices.

    As of November 2025, current competitive trends in the cassava market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing supply chain reliability. The shift from price-based competition to a focus on technological advancement and sustainable practices is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to evolving market demands.

    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.

    Future Outlook

    Thailand Cassava Market Future Outlook

    The cassava market in Thailand is projected to grow at a 4.94% CAGR from 2024 to 2035, driven by increasing demand for biofuels, food products, and industrial applications.

    New opportunities lie in:

    • Development of cassava-based bioplastics for sustainable packaging solutions.
    • Expansion of cassava flour production for gluten-free food markets.
    • Investment in advanced processing technologies to enhance product quality and shelf life.

    By 2035, the cassava market is expected to achieve robust growth, positioning itself as a key player in various sectors.

    Market Segmentation

    Thailand Cassava Market Form Outlook

    • Solid
    • Liquid

    Thailand Cassava Market Category Outlook

    • Conventional
    • Organic

    Thailand Cassava Market Application Outlook

    • Food & Beverages
    • Animal Feed
    • Others

    Report Scope

    MARKET SIZE 2024 5000.0(USD Million)
    MARKET SIZE 2025 5247.0(USD Million)
    MARKET SIZE 2035 8500.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.94% (2024 - 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 Million
    Key Companies Profiled Olam International (SG), Cargill (US), BASF (DE), Tropical Foods (GH), Dufil Prima Foods (NG), Cassava Processing Company (GH), Siam Cassava Products (TH), Thai Wah Public Company Limited (TH), Agro Products and Agencies (IN)
    Segments Covered Category, Application, Form
    Key Market Opportunities Growing demand for gluten-free products enhances opportunities in the cassava market.
    Key Market Dynamics Rising demand for cassava-based products drives innovation and competition among local producers in Thailand.
    Countries Covered Thailand

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    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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