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Global Sweet Potato Market Report Size, Trends & Growth Opportunity, By Type (Fresh, Frozen, Dried), By Application (Animal Feed, Beverage, Food), By Form (Whole Product, Paste, Flour), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.


Report ID : IR100217 | Industries : Food and Beverage | Published On :May 2024 | Page Count : 122

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  • Global Sweet Potato Market Report Size, Trends & Growth Opportunity, By Type (Fresh, Frozen, Dried), By Application (Animal Feed, Beverage, Food), By Form (Whole Product, Paste, Flour), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
    Global Sweet Potato Market         
    Global Sweet Potato was valued at US$ 51909.2 Million in 2021, estimated to reach US$ 58470 Million in 2027, with a CAGR of 1.65% from 2022-2027. 
    Sweet potato is also called as Ipomoea batatas and it is a dicotyledonous plant that is faintly related to potato or Solanum tuberosum but is unlike from botanical yams which belong to monocot family. Sweet potatoes contain vitamins, minerals, antioxidants, and fiber.
    Market Drivers
    Rising awareness of sweet potatoes' health benefits instead of potatoes, growing applications of sweet potatoes in food & beverages, and increasing awareness about health among consumers are some factors that driving the Sweet Potato Market growth over forecast period.
    Moreover, sweet potatoes come in numerous hues, with purple, orange, & other, Also, sweet potatoes improve digestion and support gut health.
    The Rising Agriculture Industry in Both Developed and Emerging Nations is also a driving factor for the growth of market.
    Market Restraints
    The main factors that hampering the the global sweet potato market growth are the higher cost of sweet potato products compared to potatoes and the ease with which potatoes can be replaced in the market.
    Market Segmentation
    Sweet Potato Market is segmented into major 4 categories. Based on Form, the market is segmented into Whole Product, Paste, Flour. Based on Type, the market is divided into Fresh, Frozen, Dried. Based on Application, the market is segmented into Animal Feed, Beverage, Food. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
    Regional Analysis
    Asia-Pacific leads the global sweet potatoes market owing to the rising awareness of sweet potatoes health benefits over potatoes amongst consumers is the key reason for the growth sweet potatoes market in Asia-Pacific. Additionally, the plant-based food market is increasing gradually in the Asia-Pacific region.
    North America is expected to witness substantial growth in market because of the growing production of sweet potatoes in this region owing to the changing consumption patterns.
    Market Key Players
    Some of the key players operating in Global Sweet Potato Market are AV Thomas Produce, Dole Food Company Inc., Ham Farms, Jackson Farming Company, Lamb Weston Holdings, Inc., McCain Foods Limited, Nash Produce, Simplot Food Group, The Kraft Heinz Company, Yantai China Pet Foods Co., Ltd.
    Industry development
    In August 2022, McDonald's Canada and McCain Foods Limited announced a new partnership to establish the Future of Potato Farming Fund, which will invest $1 million in education, demonstration, and cost-sharing grants to support potato farmers' adoption of regenerative practices and technology
    2019: Jackson Farming Company has acquired and retained the Wayne Bailey Produce sales team which is expected to help the company to expand its presence in the sweet potato industry.
    2019: Lamb Weston Holdings, Inc. entered into an agreement to acquire Ready Meals Pty Ltd. The latter used to sell frozen potato products under the Harvest Choice brand.
    2018: Ham Farms decided to launch its prime organics brand which would be available in bulk and in 3-pound, 5-pound and 10-pound bags.

    Global Sweet Potato Market 
    1 Introduction        
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Sweet Potato Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Sweet Potato Market, By Form
    5.1 Y-o-Y Growth Comparison, By Form
    5.2 Sweet Potato Market Share Analysis, By Form
    5.3 Sweet Potato Market Size and Forecast, By Form
    5.3.1 Whole Product
    5.3.2 Paste
    5.3.3 Flour  
    6 Sweet Potato Market, By Type
    6.1 Y-o-Y Growth Comparison, By Type
    6.2 Sweet Potato Market Share Analysis, By Type
    6.3 Sweet Potato Market Size and Forecast, By Type
    6.3.1 Fresh
    6.3.2 Frozen
    6.3.3 Dried
    7 Sweet Potato Market, By Application
    7.1 Y-o-Y Growth Comparison, By Sales Channel
    7.2 Sweet Potato Market Share Analysis, By Sales Channel
    7.3 Sweet Potato Market Size and Forecast, By Sales Channel
    7.3.1 Food
    7.3.2 Beverage  
    7.3.3 Animal Feed
    8 Sweet Potato Market, By Region
    8.1 Sweet Potato Market Share Analysis, By Region
    8.2 Sweet Potato Market Share Analysis, By Region
    8.3 Sweet Potato Market Size and Forecast, By Region
    9 North America Sweet Potato Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Sweet Potato Market Share Analysis, By Form
    9.3 North America Sweet Potato Market Size and Forecast, By Type
    9.4 North America Sweet Potato Market Size and Forecast, By Sales Channel
    9.5 North America Sweet Potato Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10 Europe Sweet Potato Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Sweet Potato Market Share Analysis, By Form
    10.3 Europe Sweet Potato Market Size and Forecast, By Type 
    10.4 Europe Sweet Potato Market Size and Forecast, By Sales Channel
    10.5 Europe Sweet Potato Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.54. Rest of Europe
    11 Asia Pacific Sweet Potato Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific Sweet Potato Market Share Analysis, By Form
    11.3 Asia Pacific Sweet Potato Market Size and Forecast, By Type 
    11.4 Asia Pacific Sweet Potato Market Size and Forecast, By Sales Channel
    11.5 Asia Pacific Sweet Potato Market Size and Forecast, By Country
    11.5.1 China        
    11.5.2 Japan
    11.5.3 India
    11.5.4. Rest of Asia Pacific
    12 Latin America Sweet Potato Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Sweet Potato Market Share Analysis, By Form
    12.3 Latin America Sweet Potato Market Size and Forecast, By Type 
    12.4 Latin America Sweet Potato Market Size and Forecast, By Sales Channel
    12.4 Latin America Sweet Potato Market Size and Forecast, By Network Route of Administration
    12.5 Latin America Sweet Potato Market Size and Forecast, Country
    12.5.1. Brazil
    12.5.2. Rest of Latin America
    13 Middle East Sweet Potato Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Middle East Sweet Potato Market Share Analysis, By Form
    13.3 Middle East Sweet Potato Market Size and Forecast, By Type 
    13.4 Middle East Sweet Potato Market Size and Forecast, By Sales Channel
    13.5 Middle East Sweet Potato Market Size and Forecast, By Country
    13.5.1. Saudi Arabia
    13.5.2. UAE
    13.5.3. Egypt
    13.5.4. Kuwait
    13.5.5. South Africa
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 AV Thomas Produce
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 Dole Food Company Inc.
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Ham Farms
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Jackson Farming Company
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Lamb Weston Holdings, Inc.
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 McCain Foods Limited
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Nash Produce
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies        
    15.8 Simplot Food Group
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 The Kraft Heinz Company
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Yantai China Pet Foods Co., Ltd
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies