Liberia Cassava Market Research Report Data Analysis by Category, by Application, by Type, by End Use, by Distribution Channel Forecast to 2032

Description

List of Tables

Liberia Cassava Market Research Report Data Analysis by Category (Organic and Regular), by Application (Food & Beverage, Animal Feed and Others), by Type (Sweet & Bitter), by End Use (Residential and Commercial Segments), by Distribution Channel (Store Based and Non-store Based) Forecast to 2032

Market Overview

The Liberia cassava market is expected to increase significantly during the research period, with a CAGR of 5.17%. The market was anticipated to be worth USD 189.59 million in 2023, rising to USD 297.77 million by the end of the forecast period (2024-2032).

Cassava is Liberia's second most consumed staple food crop, although it is the first staple-protein (roots and leaves) food consumed. It is growing throughout the country, albeit the farmed area varies greatly between countries. More than 60% of Liberian farming households produce cassava. In recent years, the Liberia Cassava market has expanded significantly, owing in part to increased demand for cassava in the food and beverage industries. This shift can be related to consumers' growing knowledge of health concerns as they seek staple foods. Cassava starch is a key ingredient in the food and beverage industry, accounting for 64.12% of the total Liberian cassava market by value. It is expected to expand at a CAGR of 5.88%, reaching USD 203.09 million by 2024. Cassava starch is mostly used in baked goods, dairy products, snack foods, and other applications. Snacks and cereals are among the most significant items consumed. Cassava starch is used by food makers to improve the quality of their snacks and cereals.

Cassava starch is also utilized as a texture and water binder to aid in the viscosity of snack meals. Cassava starch's high viscosity, binding, and water retention make it excellent for a wide range of snack and cereal items. The cassava starch market will benefit from increased demand for hot-extruded snack items, pretzels, fried dishes, and ready-to-eat cereals. Cassava flour is also used as sugar in many processed foods. Similarly, cassava flour is used in pastry kitchens and confectionaries, and the market is expected to increase at a CAGR of 3.65% to USD 51.17 million by the end of 2032. Cassava flour is commonly mixed with wheat flour in a variety of recipes in bakeries, which boosts the nutritional value of pastry kitchen items.

Marketing Segmentation

By category segment, the market is divided into regular and organic. The market is divided into three application segments: food and beverages, animal feed, and others.

The Liberian cassava market is divided into two types: sweet and bitter. The sweet category dominates the industry, with a market value of USD 279.73 million projected by the end of 2032. The cassava market is divided into two parts based on end use: household and commercial.

The cassava market in Liberia is divided into two segments based on distribution channel: store-based and non-store-based.

Major Players

JR Farms Limited, Psaltry International Company Limited, Niji Group, and PremierCon Starch Company Ltd. (PSZL) are the leading players in the Liberia cassava market.

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 LIBERIA CASSAVA MARKET, BY CATEGORY
- 1.1.2 LIBERIA CASSAVA MARKET, BY PRODUCT TYPE
- 1.1.3 LIBERIA CASSAVA MARKET, BY APPLICATION
- 1.1.4 LIBERIA CASSAVA MARKET, BY TYPE
- 1.1.5 LIBERIA CASSAVA MARKET, BY END-USE
- 1.1.6 LIBERIA CASSAVA MARKET, BY DISTRIBUTION CHANNEL

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING DEMAND FOR ALTERNATIVE USES
- 4.2.2 CLIMATE RESILIENCE
- 4.2.3 VALUE CHAIN DEVELOPMENT
4.3 RESTRAINTS
- 4.3.1 LIMITED PROCESSING CAPACITY
- 4.3.2 POST-HARVEST LOSSES
4.4 OPPORTUNITY
- 4.4.1 INTEGRATED FARMING SYSTEMS
- 4.4.2 GOVERNMENT SUPPORT
4.5 CHALLENGES
- 4.5.1 LIMITED ACCESS TO INPUTS
- 4.5.2 PESTS AND DISEASES
4.6 STRATEGIC INSIGHTS
- 4.6.1 TECNOLOGY UPDATE
- 4.6.2 REGIONAL MARKET TO LOOKOUT FOR
4.7 REGULATORY UPDATE
4.8 MARKET TRENDS
4.9 IMPACT OF COVID-19
- 4.9.1 IMPACT ON THE OVERALL FOOD & BEVERAGES INDUSTRY
  - 4.9.1.1 ECONOMIC IMPACT
- 4.9.2 IMPACT ON THE LIBERIA CASSAVA MARKET
- 4.9.3 IMPACT ON THE SUPPLY CHAIN OF CASSAVA
- 4.9.4 IMPACT ON MARKET DEMAND FOR CASSAVA
  - 4.9.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.9.4.2 CONSUMER SENTIMENTS
- 4.9.5 IMPACT ON THE PRICE OF CASSAVA
- 4.9.6 IMPACT ON CONSUMER BEHAVIOR ANALYSIS

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 MANUFACTURING/PRODUCTION/PROCESSING
- 5.1.3 PACKING
- 5.1.4 DISTRIBUTION
- 5.1.5 END-USER
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
  - 5.2.1.1 RAW MATERIAL SUPPLIERS
  - 5.2.1.2 MANUFACTURERS
  - 5.2.1.3 DISTRIBUTION CHANNEL
  - 5.2.1.4 END USER
- 5.2.2 INTEGRATION LEVELS
- 5.2.3 KEY ISSUES ADDRESSED (KEY SUCCESS FACTORS)
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 BARGAINING POWER OF SUPPLIERS
- 5.3.3 THREAT OF SUBSTITUTES
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF RIVALRY

6 LIBERIA CASSAVA MARKET, BY CATEGORY

6.1 INTRODUCTION
6.2 REGULAR
6.3 ORGANIC

7 LIBERIA CASSAVA MARKET, BY PRODUCT TYPE

7.1 INTRODUCTION
7.2 CASSAVA STARCH
7.3 CASSAVA FLOUR
7.4 CASSAVA CHIPS
7.5 CASSAVA SYRUP

8 LIBERIA CASSAVA MARKET, BY APPLICATION

8.1 INTRODUCTION
8.2 FOOD & BEVERAGES
8.3 ANIMAL FEED
8.4 OTHERS

9 LIBERIA CASSAVA MARKET, BY TYPE

9.1 INTRODUCTION
9.2 SWEET
9.3 BITTER

10 LIBERIA CASSAVA MARKET, BY END USE

10.1 INTRODUCTION
10.2 RESIDENTIAL
10.3 COMMERICAL

11 LIBERIA CASSAVA MARKET, BY DISTRIBUTION CHANNEL

11.1 INTRODUCTION
11.2 STORE BASED
11.3 NON-STORE-BASED

12 COMPETITIVE LANDSCAPE

12.1 INTRODUCTION
12.2 COMPETITION DASHBOARD
- 12.2.1 PRODUCT PORTFOLIO
- 12.2.2 REGIONAL PRESENCE
- 12.2.3 STRATEGIC ALLIANCES
- 12.2.4 INDUSTRY EXPERIENCES
12.3 MARKET SHARE ANALYSIS, 2023
12.4 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS

13 COMPANY PROFILES

13.1 JR FARMS LIMITED
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 FINANCIAL OVERVIEW
- 13.1.3 PRODUCTS OFFERED
- 13.1.4 KEY DEVELOPMENTS
- 13.1.5 SWOT ANALYSIS
- 13.1.6 KEY STRATEGY
13.2 PSALTRY INTERNATIONAL COMPANY LTD.
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS OFFERED
- 13.2.4 KEY DEVELOPMENTS
- 13.2.5 SWOT ANALYSIS
- 13.2.6 KEY STRATEGY
13.3 NIJI GROUP
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 FINANCIAL OVERVIEW
- 13.3.3 PRODUCTS OFFERED
- 13.3.4 KEY DEVELOPMENTS
- 13.3.5 SWOT ANALYSIS
- 13.3.6 KEY STRATEGY
13.4 PREMIERCON STARCH COMPANY LIMITED
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS OFFERED
- 13.4.4 KEY DEVELOPMENTS
- 13.4.5 SWOT ANALYSIS
- 13.4.6 KEY STRATEGY

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT
TABLE 2 LIBERIA CASSAVA MARKET, BY CATEGORY, 2018-2032 (USD MILLION)
TABLE 3 LIBERIA CASSAVAMARKET, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 4 LIBERIA CASSAVA MARKET, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 5 LIBERIA CASSAVA MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 6 LIBERIA CASSAVA MARKET, BY END USE, 2018-2032 (USD MILLION)
TABLE 7 LIBERIA CASSAVA MARKET, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 8 JR FARMS LIMITED: PRODUCTS OFFERED
TABLE 9 PSALTRY INTERNATIONAL COMPANY LTD.: PRODUCTS OFFERED
TABLE 10 NIJI GROUP: PRODUCTS OFFERED
TABLE 11 PREMIERCON STARCH COMPANY LIMITED: PRODUCTS OFFERED

LIST OF FIGURES

FIGURE 1 LIBERIA CASSAVA MARKET, BY CATEGORY, 2023
FIGURE 2 LIBERIA CASSAVA MARKET, BY PRODUCT TYPE, 2023
FIGURE 3 LIBERIA CASSAVA MARKET, BY APPLICATION, 2023
FIGURE 4 LIBERIA CASSAVA MARKET, BY TYPE, 2023
FIGURE 5 LIBERIA CASSAVA MARKET, BY END-USER, 2023
FIGURE 6 LIBERIA CASSAVA MARKET, BY DISTRIBUTION CHANNEL, 2023
FIGURE 7 LIBERIA CASSAVA MARKET: STRUCTURE
FIGURE 8 KEY BUYING CRITERIA FOR CASSAVA
FIGURE 9 LIBERIA CASSAVA MARKET: MARKET GROWTH FACTOR ANALYSIS (2022-2032)
FIGURE 10 CASSAVA PRODUCTION IN LIBERIA, KILOTONS
FIGURE 11 CASSAVA APPLICATION, 2023*
FIGURE 12 DRIVER IMPACT ANALYSIS (2018-2032)
FIGURE 13 RESTRAINT IMPACT ANALYSIS (2018-2032)
FIGURE 14 OPPORTUNITY IMPACT ANALYSIS (2018-2032)
FIGURE 15 VALUE CHAIN ANALYSIS: LIBERIA CASSAVA MARKET
FIGURE 16 SUPPLY CHAIN ANALYSIS: LIBERIA CASSAVA MARKET
FIGURE 17 PORTER'S FIVE FORCES MODEL: LIBERIA CASSAVA MARKET
FIGURE 18 LIBERIA CASSAVA MARKET, BY CATEGORY, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 19 LIBERIA CASSAVA MARKET, BY CATEGORY, 2023 (% SHARE)
FIGURE 20 LIBERIA CASSAVA MARKET, BY PRODUCT TYPE, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 21 LIBERIA CASSAVA MARKET, BY PRODUCT TYPE, 2023 (% SHARE)
FIGURE 22 LIBERIA CASSAVA MARKET, BY APPLICATION, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 23 LIBERIA CASSAVA MARKET, BY APPLICATION, 2023 (% SHARE)
FIGURE 24 LIBERIA CASSAVA MARKET, BY TYPE, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 25 LIBERIA CASSAVA MARKET, BY TYPE, 2023 (% SHARE)
FIGURE 26 LIBERIA CASSAVA MARKET, BY END USE, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 27 LIBERIA CASSAVA MARKET, BY END USE, 2023 (% SHARE)
FIGURE 28 LIBERIA CASSAVA MARKET, BY DISTRIBUTION CHANNEL, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 29 LIBERIA CASSAVA MARKET, BY DISTRIBUTION CHANNEL, 2023 (% SHARE)
FIGURE 30 COMPETITOR DASHBOARD: LIBERIA CASSAVA MARKET
FIGURE 31 LIBERIA CASSAVA MARKET: COMPETITIVE ANALYSIS, 2023
FIGURE 32 JR FARMS LIMITED: SWOT ANALYSIS
FIGURE 33 PSALTRY INTERNATIONAL COMPANY LTD.: SWOT ANALYSIS
FIGURE 34 NIJI GROUP: SWOT ANALYSIS
FIGURE 35 PREMIERCON STARCH COMPANY LIMITED: SWOT ANALYSIS