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Cassava was previously primarily used in food applications, but due to its ease of availability, it is now also being used in non-food applications such as the production of pharmaceuticals, adhesives, and papers.
Data Bridge Market Research analyses that the cassava starch market which was valued at USD 118.81 million in 2021 and is expected to reach the value of USD 198.11 million by 2029, at a CAGR of 6.6% during the forecast period of 2022 to 2029.
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Driver:
• Abundance of cassava starch in Nigerian market
Nigeria is becoming a rich source of cassava starch raw material due to
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