Indonesia Cassava Market: Import Trend Analysis
In the Indonesia cassava market, the import trend exhibited a substantial growth rate from 2023 to 2024, soaring by 609.01%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at an impressive 314.83%. This surge in imports could be attributed to a significant demand shift or changes in trade policies during that period, driving market dynamics.
Cassava Market: Indonesia vs Top 5 Major Economies in 2027 (Asia)
By 2027, the Cassava market in Indonesia is anticipated to reach a growth rate of 14.55%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
Indonesia Cassava Market Synopsis
Indonesia is the second-largest producer of cassava in Asia and one of the largest producers globally. It has a total cassava plantation area of 2.5 million hectares, which accounts for 38 percent of the total land allocated to root crops in Indonesia. In 2019, Indonesia produced approximately 23 million metric tons (MMT) of fresh cassava roots, down slightly from 23.7 MMT in 2018. The market size for processed cassava products was estimated at USD 4 billion in 2020 and is projected to grow 3-4 percent annually over the next five years driven by demand from food and beverage processors as well as animal feed manufacturers, both domestically and overseas.
Market Trends
The trend towards increased production & consumption of processed cassava products such as flour, starch & ethanol due to its versatile nature has been observed over recent years resulting into significant growth opportunities for key players operating within Indonesia Cassava Market space. There has also been an increase in consumer preference for organic foods which creates potential opportunities for organic product launches using locally grown raw materials like Cassavas driving market growth further upwards particularly during COVID times when people are more conscious about what they consume thus making it very attractive proposition amongst key stakeholders operating within this domain.Also with many countries facing trade restrictions post Covid pandemic , there exists potential opportunity wherein local firms can benefit while catering their respective domestic markets with quality Cassavas sourced domestically.
Market Drivers
Increasing government support towards promoting agricultural activities particularly those related to root crop farming along with increasing disposable income levels have resulted into strong economic prospects among rural farmers who cultivate these cash crops leading to higher output volumes thereby creating positive market dynamics contributing significantly towards overall industry growth on account increasing global demand supply gap. Additionally , rise in health consciousness among consumers worldwide coupled with introduction innovative offering like Gluten Free Flours made using freshly milled tapioca starch derived from locally cultivated Cassavas have created additional revenue generating avenues across various segments at play within this particular domain.
COVID-19 Impact on the Market
The pandemic and the resulting lockdown has adversely impacted Indonesia cassava market. Cassava production in the country declined by 15% from April to June 2020, due to labor shortages and reduced demand for high-value products such as chips and starch. This decline is expected to lead to a shortage of feedstock supply for other industries that rely on cassava as an input, including food processing, sugar manufacturing, ethanol production etc. The government has taken steps like providing subsidies for producers as well as providing additional capital assistance in an effort to help farmers cope with the crisis.
Challenges of the Market
The major challenge facing Indonesia cassava market is lack of access to finance coupled with weak infrastructure. Poor understanding of modern farming practices among farmers further hinders progress in this area. Additionally, land availability remains limited across many parts of the country making it difficult for large scale cultivation projects like planting new hectares or replanting old crops at a commercial scale more challenging than ever before. Competing demands between food security needs versus export may also create challenges if not addressed properly through policy guidance from the government. Finally, pests and diseases are still affecting yields which add yet another layer of complexity when trying to increase productivity levels on farms or plantations within Indonesia borders.
Industry Key Players
Major players operating in Indonesia cassava market include PT Permata Hijau Sawit Tbk., Cargill Incorporated (Indonesia), Wilmar International Limited (Indonesia), Sinar Mas Agro Resources & Technology Ltd., Austasia Food Industries Pvt Ltd., Indo Moco Tbk Pt., Marzam Internusa Tbk Pt., Starch Products International BVBA (SPI).
Key Highlights of the Report:
- Indonesia Cassava Market Outlook
- Market Size of Indonesia Cassava Market, 2025
- Forecast of Indonesia Cassava Market, 2032
- Historical Data and Forecast of Indonesia Cassava Revenues & Volume for the Period 2022 - 2032F
- Indonesia Cassava Market Trend Evolution
- Indonesia Cassava Market Drivers and Challenges
- Indonesia Cassava Price Trends
- Indonesia Cassava Porter's Five Forces
- Indonesia Cassava Industry Life Cycle
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Category for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Organic for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Conventional for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Form for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Solid for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Liquid for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Application for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Food & Beverages for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Animal Feed for the Period 2022 - 2032F
- Historical Data and Forecast of Indonesia Cassava Market Revenues & Volume By Others for the Period 2022 - 2032F
- Indonesia Cassava Import Export Trade Statistics
- Market Opportunity Assessment By Category
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Application
- Indonesia Cassava Top Companies Market Share
- Indonesia Cassava Competitive Benchmarking By Technical and Operational Parameters
- Indonesia Cassava Company Profiles
- Indonesia Cassava Key Strategic Recommendations
