Description

! Compared to sugarcane and corn, cassava-based bioethanol currently commands a smaller market share, estimated at around $5–7 billion. However, it's experiencing faster growth, projected at 7–12% annually. This rapid expansion is fueled by several key factors:

1. Lower Feedstock Costs: In many regions, especially Africa and Southeast Asia, cassava cultivation requires less land, water, and fertilizer compared to corn and sugarcane, making it a more cost-effective feedstock.

2. Higher Ethanol Yield per Hectare: Studies suggest cassava can produce more ethanol per hectare than corn or sugarcane, increasing potential profitability for farmers and bioethanol producers.

3. Government Support: Biofuel mandates and incentives in cassava-producing countries like Thailand, Brazil, and Nigeria are driving expansion through increased demand and investment.

4. Sustainability Potential: Compared to traditional feedstocks, cassava can offer lower greenhouse gas emissions and reduced competition for arable land, increasing its attractiveness in sustainability-conscious markets.