Cassava Packaging Market Overview
Cassava is derived from cassava roots and used as a biodegradable packaging. Cassava packaging is renowned for its environmentally friendly and lightweight design, it has gained considerable development in developed countries with the fast-paced lifestyle and growing food distribution and takeout facilities, as it protects and preserves its freshness from air contamination.
The best choice for the use of plastic waste packaging is cassava packaging, which is a reusable packaging alternative that helps protect the environment. Strict rules imposed in place by the government on emissions, contribute to the first choice of end users for cassava packaging. As the market demand for recyclable packaging is rising, the growth of the market for cassava packaging is being fueled.
Cassava Packaging Market: Dynamics
Due to its biodegradable nature and increasing environmental interest, cassava packaging is the perfect alternative to plastic and Styrofoam packaging. The growing food industry is one of the key driving forces for the cassava packaging market, as the containers made up of cassava are compatible with hot and cold food and are microwave-friendly.
The high initial investment that leads to high production costs is needed for cassava packaging and it is single-use & end users prefer reusable packaging solution, so it acts as a constraint for the demand for cassava packaging. Government agencies offer financial incentives to manufacturers of cassava packaging, which will help the industry expand and provide opportunities for new entrants to the market.
Rapid urbanization and evolving habits contribute to growth in door-step food service and take-out meals, supporting the growth of the demand for cassava packaging.
With the health and environmental issues among end users, COVID-19 has positively impacted the cassava packaging industry. The challenge facing manufacturers of cassava packaging during the pandemic is due to a delay in production and less supply of raw materials, but the production is back in process after the latest legislation and indicates the substantial increase in the demand for cassava packaging.
Cassava Packaging Market: Regional Outlook
North America is showing tremendous growth as a result of government restrictions on the use of an environmentally safe packaging approach that drives the demand for cassava packaging. As the adoption of eco-friendly products grows, Europe dominates the market for cassava packaging due to a growth in demand for the product.
Thailand and Indonesia are the main cassava producers, so cassava packaging is projected to have the largest market share, with South Asia and East Asia being the third largest producers.
Cassava Packaging Market: Key Players
The key players of cassava packaging market are
- Avani Eco.
- GBG Indonesia
- Affinity Supply Co.
- Biogreen Bags
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cassava packaging market segments and geographies.
Regional Analysis Includes
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa (MEA)
Cassava Packaging Market: Segmentation
Globally, the cassava packaging market is segmented by product type, applications and end-use.
By Product Type :
- Cups & Glasses
- Bowls & Trays
- Containers & Clamshell
- With Lid
- Without Lid
- Plane plate
- Partitioned plate
By Applications :
- Ready to eat Meals
- Processed Food
- Fruits & Vegetables
- Milk Products
- Tea & Coffee
- Cold dinks
By End-Use :
- Commercial Use
- Household Use
- Institutional Use