Market Overview:
The global sweet potato market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sweet potatoes from the commercial food industry, home food, and feed industry. North America is expected to dominate the global sweet potato market during the forecast period owing to the presence of key players in this region and rising demand for organic foods. Asia Pacific is projected to be fastest-growing region during the forecast period owing to rising population and changing dietary habits.
Product Definition:
a plant that is widely grown in tropical.
Hannah Sweet Potatoes:
HANNAH is a cross between a regular potato and sweet potato. It has over 40% more potassium, vitamin C & A, and nearly twice the fiber of regular potatoes. The product also contains various antioxidant compounds such as carotenoids that help in preventing cancer & heart diseases along with reducing the risk of diabetes.
The product was developed by Dr.
Japanese Sweet Potatoes:
Sweet potatoes are a rich source of vitamin A and C, as well as fiber. They are also an excellent source of beta carotene, which the human body cannot produce on its own and is essential for good health. The skin of sweet potato contains high levels of antioxidants called anthocyanin which helps in reducing the risk for heart diseases, cancer & diabetes.
The global sweet potato market size was valued at USD 2 billion in 2015.
Application Insights:
The commercial food industry accounted for more than 70.0% share of the global revenue in 2017. The product is widely used as a replacement for white potatoes in various applications, such as chips, French fries, and salad dressings. In addition, it is also used to make soups and stews with meat or vegetables as the main ingredient due to its nutritional content and high fiber content that helps reduce cholesterol levels.
The home food application segment is expected to witness significant growth over the forecast period owing to growing awareness among consumers regarding healthy eating habits coupled with increasing disposable income per household across developing countries including China India Brazil etcetera. This will result in an increased demand sweet potato products at home which will drive market growth over the forecast period significantly in terms of both value & volume wise as compared to other applications where it has been so far utilized only sparingly or experimentally (at best).
Regional Analysis:
North America was the largest regional market in 2017 owing to growing product demand from countries, such as U.S., Canada, and Mexico. The region is projected to maintain its dominance over the forecast period due to increasing consumer preference for healthy snacks with low calorie content. Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 on account of rising awareness about nutritional diet among consumers in China and India. Furthermore, expansion of food processing industries including feed manufacturing companies in Japan and China will drive sweet potato industry growth over the next eight years.
Growth Factors:
- Increasing demand for healthy food options: The global sweet potato market is expected to grow at a CAGR of 6.5% from 2016 to 2021, owing to the increasing demand for healthy food options across the globe. Sweet potatoes are a rich source of dietary fiber, vitamins A and C, potassium, and other minerals. They are also low in fat and calories, making them an ideal choice for people looking for healthy alternatives to processed foods.
- Rising awareness about the health benefits of sweet potatoes: There has been a significant rise in awareness about the health benefits of sweet potatoes in recent years. This has led to an increase in their consumption as a healthier alternative to other processed foods.
- Growing popularity of sweet potato-based products: Sweet potato-based products such as chips, fries, pastas, etc., have gained immense popularity among consumers in recent years due to their high nutritional value and great taste appeal. This is likely to drive growth prospects for the global sweet potato market over the next few years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Sweet Potato Market Research Report
By Type
Hannah Sweet Potatoes, Japanese Sweet Potatoes, Jewel Sweet Potatoes, Stokes Purple Sweet Potatoes, Garnet Sweet Potatoes
By Application
Commercial Food Industry, Home Food, Feed Industry
By Companies
Zgganshu, FAO, China Custom, Societe, Uncomtrade, Zauba, CBP, NBS, Tradingeconomics, Dashboard, Zzys, Mof, Fara, Croptrust
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Sweet Potato Market Report Segments:
The global Sweet Potato market is segmented on the basis of:
Types
Hannah Sweet Potatoes, Japanese Sweet Potatoes, Jewel Sweet Potatoes, Stokes Purple Sweet Potatoes, Garnet Sweet Potatoes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Food Industry, Home Food, Feed Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zgganshu
- FAO
- China Custom
- Societe
- Uncomtrade
- Zauba
- CBP
- NBS
- Tradingeconomics
- Dashboard
- Zzys
- Mof
- Fara
- Croptrust
Highlights of The Sweet Potato Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hannah Sweet Potatoes
- Japanese Sweet Potatoes
- Jewel Sweet Potatoes
- Stokes Purple Sweet Potatoes
- Garnet Sweet Potatoes
- By Application:
- Commercial Food Industry
- Home Food
- Feed Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sweet Potato Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sweet potatoes are a type of tuberous root vegetable that is typically orange or yellow in color and has a sweet flavor. They are used as a food source for humans, animals, and plants.
Some of the key players operating in the sweet potato market are Zgganshu, FAO, China Custom, Societe, Uncomtrade, Zauba, CBP, NBS, Tradingeconomics, Dashboard, Zzys, Mof, Fara, Croptrust.
The sweet potato market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sweet Potato Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sweet Potato Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sweet Potato Market - Supply Chain
4.5. Global Sweet Potato Market Forecast
4.5.1. Sweet Potato Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sweet Potato Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sweet Potato Market Absolute $ Opportunity
5. Global Sweet Potato Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sweet Potato Market Size and Volume Forecast by Type
5.3.1. Hannah Sweet Potatoes
5.3.2. Japanese Sweet Potatoes
5.3.3. Jewel Sweet Potatoes
5.3.4. Stokes Purple Sweet Potatoes
5.3.5. Garnet Sweet Potatoes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sweet Potato Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sweet Potato Market Size and Volume Forecast by Application
6.3.1. Commercial Food Industry
6.3.2. Home Food
6.3.3. Feed Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sweet Potato Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sweet Potato Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sweet Potato Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sweet Potato Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sweet Potato Demand Share Forecast, 2019-2026
9. North America Sweet Potato Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sweet Potato Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sweet Potato Market Size and Volume Forecast by Application
9.4.1. Commercial Food Industry
9.4.2. Home Food
9.4.3. Feed Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sweet Potato Market Size and Volume Forecast by Type
9.7.1. Hannah Sweet Potatoes
9.7.2. Japanese Sweet Potatoes
9.7.3. Jewel Sweet Potatoes
9.7.4. Stokes Purple Sweet Potatoes
9.7.5. Garnet Sweet Potatoes
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sweet Potato Demand Share Forecast, 2019-2026
10. Latin America Sweet Potato Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sweet Potato Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sweet Potato Market Size and Volume Forecast by Application
10.4.1. Commercial Food Industry
10.4.2. Home Food
10.4.3. Feed Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sweet Potato Market Size and Volume Forecast by Type
10.7.1. Hannah Sweet Potatoes
10.7.2. Japanese Sweet Potatoes
10.7.3. Jewel Sweet Potatoes
10.7.4. Stokes Purple Sweet Potatoes
10.7.5. Garnet Sweet Potatoes
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sweet Potato Demand Share Forecast, 2019-2026
11. Europe Sweet Potato Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sweet Potato Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sweet Potato Market Size and Volume Forecast by Application
11.4.1. Commercial Food Industry
11.4.2. Home Food
11.4.3. Feed Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sweet Potato Market Size and Volume Forecast by Type
11.7.1. Hannah Sweet Potatoes
11.7.2. Japanese Sweet Potatoes
11.7.3. Jewel Sweet Potatoes
11.7.4. Stokes Purple Sweet Potatoes
11.7.5. Garnet Sweet Potatoes
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sweet Potato Demand Share, 2019-2026
12. Asia Pacific Sweet Potato Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sweet Potato Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sweet Potato Market Size and Volume Forecast by Application
12.4.1. Commercial Food Industry
12.4.2. Home Food
12.4.3. Feed Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sweet Potato Market Size and Volume Forecast by Type
12.7.1. Hannah Sweet Potatoes
12.7.2. Japanese Sweet Potatoes
12.7.3. Jewel Sweet Potatoes
12.7.4. Stokes Purple Sweet Potatoes
12.7.5. Garnet Sweet Potatoes
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sweet Potato Demand Share, 2019-2026
13. Middle East & Africa Sweet Potato Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sweet Potato Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sweet Potato Market Size and Volume Forecast by Application
13.4.1. Commercial Food Industry
13.4.2. Home Food
13.4.3. Feed Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sweet Potato Market Size and Volume Forecast by Type
13.7.1. Hannah Sweet Potatoes
13.7.2. Japanese Sweet Potatoes
13.7.3. Jewel Sweet Potatoes
13.7.4. Stokes Purple Sweet Potatoes
13.7.5. Garnet Sweet Potatoes
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sweet Potato Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sweet Potato Market: Market Share Analysis
14.2. Sweet Potato Distributors and Customers
14.3. Sweet Potato Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zgganshu
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FAO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. China Custom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Societe
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Uncomtrade
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zauba
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CBP
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NBS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tradingeconomics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dashboard
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zzys
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mof
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fara
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Croptrust
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
