Does cargo install have an equivalent update command?

I used cargo install to globally install a package, such as rustfmt or racer.

How can I update the installed package without first deleting it (cargo uninstall) and then running cargo install again.

Is there an update command?

As of Rust 1.41.0, you can use the following command to update crates to their latest version:
cargo install


This came from pull request #6798 (Add install-upgrade) and was stabilized in #7560 (Stabilize install-upgrade).
How does it work?

Instead of failing when cargo install detects a package is already installed, it will upgrade if the versions don't match, or do nothing (exit 0) if it is considered "up-to-date".
Forcing an upgrade / re-installation

The following command will always uninstall, download and compile the latest version of the crate - even if there's no newer version available. Under normal circumstances the install-upgrade feature should be preferred as it does save time and bandwidth if there's no new version of the crate.
cargo install --force

Documentation

Further information can be found in the GitHub issue rust-lang/cargo#6797 and in the official documentation chapter.

Stack Overflow Q#34484361, score: 123