Mexico Cassava Market By, Application
| Label | Food & Beverages | Bakery & Confectionery | Beverages | Dairy & Frozen Desserts | Sweet & Savory Snacks | Others | Animal Feed |
|---|---|---|---|---|---|---|---|
| 2019 | 2351.15 USD Mn | 1009.49 USD Mn | 614.16 USD Mn | 138.28 USD Mn | 308.32 USD Mn | 160.95 USD Mn | 1648.94 USD Mn |
| 2020 | 2436.63 USD Mn | 1045.38 USD Mn | 637.07 USD Mn | 142.92 USD Mn | 320.82 USD Mn | 167.09 USD Mn | 1714.49 USD Mn |
| 2021 | 2526.06 USD Mn | 1082.92 USD Mn | 661.07 USD Mn | 147.77 USD Mn | 333.95 USD Mn | 173.48 USD Mn | 1783.26 USD Mn |
| 2022 | 2618.9 USD Mn | 1121.86 USD Mn | 686 USD Mn | 152.79 USD Mn | 347.59 USD Mn | 180.21 USD Mn | 1854.84 USD Mn |
| 2023 | 2716.27 USD Mn | 1162.67 USD Mn | 712.16 USD Mn | 158.04 USD Mn | 361.93 USD Mn | 187.26 USD Mn | 1930.1 USD Mn |
| 2024 | 2818.23 USD Mn | 1205.4 USD Mn | 739.58 USD Mn | 163.53 USD Mn | 377 USD Mn | 194.64 USD Mn | 2009.11 USD Mn |
| 2025 | 2925.05 USD Mn | 1250.12 USD Mn | 768.32 USD Mn | 169.27 USD Mn | 392.84 USD Mn | 202.37 USD Mn | 2092.08 USD Mn |
| 2026 | 3036.67 USD Mn | 1296.83 USD Mn | 798.38 USD Mn | 175.25 USD Mn | 409.44 USD Mn | 210.45 USD Mn | 2179.02 USD Mn |
| 2027 | 3153.05 USD Mn | 1345.5 USD Mn | 829.75 USD Mn | 181.48 USD Mn | 426.81 USD Mn | 218.87 USD Mn | 2269.94 USD Mn |
| 2028 | 3275.04 USD Mn | 1396.48 USD Mn | 862.64 USD Mn | 187.99 USD Mn | 445.08 USD Mn | 227.69 USD Mn | 2365.47 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Mexico Cassava Market By, Application market is on a steady long-term growth path. Segment value stands at roughly USD 8106 Mn in 2026 and is projected to reach USD 8760 Mn by 2028 — a gain of about 8% over the forecast period, translating to a CAGR in the mid-single digits.
- As one of the largest producers of cassava in the world, the Mexican cassava market is a significant player in the global trade of this starchy root crop. Cassava, also known as yuca, is a staple food in many Latin American and African countries, and is gaining popularity in other parts of the world for its versatility and nutritional benefits.
- What the regional split looks like (2026): Food & Beverages leads, holding roughly 37% of segment value — the single largest regional share. Animal Feed is the second-largest contributor. Bakery & Confectionery, Beverages, Sweet & Savory Snacks, Others and Dairy & Frozen Desserts make up the remainder, in descending order.
- By 2028, Food & Beverages alone is expected to reach USD 3275 Mn, with Animal Feed at USD 2365 Mn.
Market Dynamics
As one of the largest producers of cassava in the world, the Mexican cassava market is a significant player in the global trade of this starchy root crop. Cassava, also known as yuca, is a staple food in many Latin American and African countries, and is gaining popularity in other parts of the world for its versatility and nutritional benefits. In Mexico, cassava is prized not only for its use as a food crop, but also for its potential in various other applications. One of the primary uses of cassava in Mexico is in the production of traditional foods and beverages. Cassava is a key ingredient in many popular Mexican dishes, such as tamales, empanadas, and tortillas. The root can also be eaten boiled, mashed, or fried, and is often used as a substitute for potatoes. In addition, cassava is the main ingredient in popular Mexican alcoholic beverages like pulque and chicha, and is also used to make the fermented drink pozol. Apart from its role in the food industry, cassava has also found many other applications in Mexico. The root is a rich source of starch, making it ideal for use in various industrial processes.
Cassava starch is used in the production of paper, textiles, adhesives, and biofuels, making it a valuable commodity in the manufacturing sector. It is also used as a binder in the making of pharmaceutical tablets and as a thickener in food products like canned soups and sauces. In recent years, there has been a growing demand for cassava in Mexico's health and wellness industry. The root is naturally gluten-free and has a low glycemic index, making it a suitable alternative to wheat-based products for those with celiac disease or diabetes. Cassava flour, made from dried and ground cassava, is becoming increasingly popular in gluten-free baking and as a substitute for wheat flour in recipes. Lastly, cassava also plays a significant role in the animal feed industry in Mexico. The by-products of cassava production, such as the peels and leaves, are used as animal feed for livestock, providing a low-cost and nutrient-rich option for farmers. In conclusion, the diverse applications of cassava in Mexico make it a valuable and in-demand crop. From traditional food and beverage production to industrial applications and even in the health and wellness industry, cassava continues to play a significant role in Mexican society and economy.
With its increasing popularity and versatility, the demand for cassava in Mexico is likely to continue to grow in the coming years.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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