" The reliable Sweet Potatoes Market report is generated using integrated approaches and the latest technology for optimal results. This report identifies general market conditions, trends, inclinations, key players, opportunities, geographical analysis, and many other parameters about the HEALTHCARE industry that help guide businesses in the right direction. The insights provided in this market research report are based on SWOT analysis, allowing businesses to rely on them with confidence. Moreover, the significant Sweet Potatoes Market report is structured by performing high-level market research analysis of key marketplace segments to identify opportunities, challenges, drivers, and market structures for clients.
An excellent Sweet Potatoes Market business report provides complete knowledge and information about the rapidly changing market landscape, existing market trends, future expectations, the competitive environment, and competitor strategies that aid in planning strategies to outshine competitors. This industry report offers a broader perspective of the marketplace with comprehensive market insights and analysis, facilitating survival and success in the market. The credible Sweet Potatoes Market document provides in-depth analysis and estimation of various market-related factors that play a key role in better decision-making.
The global sweet potatoes market is driven by increased applications for sweet potatoes across industries. In addition, the global sweet potatoes market will be fuelled by sweet potatoes' many nutritional advantages. At the same time, the primary factors limiting the global sweet potato market are the higher price of sweet potato products compared to potatoes and the ease with which potatoes can be substituted in the market. As a result of the rising demand for sweet potatoes, manufacturers are putting more effort into launching new products, promoting them, winning accolades and certifications, and participating in market events. These choices ultimately aid the market's expansion.
Data Bridge Market Research analyses that the global sweet potatoes market is expected to reach USD 50,534.33 million by 2030, from USD 31,067.30 million 2022 with a CAGR of 5.90% during the forecast period of 2023 to 2030. “Processed sweet potatoes” from type segment is expected to dominate the global sweet potatoes market in the forecasted period of 2023 to 2030.
Explore Further Details about This Research Sweet Potatoes Market Report https://www.databridgemarketresearch.com/reports/global-sweet-potatoes-market
Sweet Potatoes Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015-2020) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Type (Whole Product, Processed Sweet Potatoes, Paste/Purees, and Sweet Potato Flour), Product Type (Fresh, Frozen, Dried, and Others), Nature (Organic and Conventional), Packaging Type (Bag, Pouches, Box, Tray, and Others), End User (Household, Food Service Sector, Food and Beverages Industry, and Others) Distribution Channel (Store Based Retailing and Online Retail) |
Countries Covered | U.S., Canada, and Mexico in North America. Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe in Europe. Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific in Asia-Pacific. South Africa, U.A.E., Saudi Arabia, Kuwait, the rest of the Middle East and Africa (MEA) in the Middle East and Africa. Brazil, Argentina, and the Rest of South America |
Market Players Covered | Conagra Brands, Inc. (U.S.), Nash Produce (U.S.), Sweet Potato Spirit Company (U.K.), Ham Farms (U.S.), Dole Food Company, Inc. (Ireland), McCain Foods Limited (Canada), A.V. Thomas Produce (U.S.), Jackson Farming Company (U.S.), J.R. Simplot Company(U.S.), Idahoan Foods, LLC. (U.S.), and KP Snacks (U.K.) |
Market Opportunities |
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Sweet potatoes are a type of root vegetable with a sweet flavor and a starchy texture. Sweet potatoes have a fibrous texture and are incredibly nutrient and mineral dense. Additionally, sweet potatoes enhance digestion and support gut health, among other advantages. Sweet potatoes are naturally anti-inflammatory and rich in antioxidants. Additionally, sweet potatoes come in various hues, including purple, orange, and other. Sweet potatoes are preferred in many functional foods and baby food products because they are rich in a variety of vitamins and minerals. Sweet potatoes are used in many different ways across regions.
Global Sweet Potatoes Market Dynamics
Drivers
- Rise of Health Awareness among Consumers
Consumers are now more conscious of their health due to their changing lifestyles, so they are paying closer attention to what they have to eat. This alteration has increased consumers' popularity of plant-based, low-calorie, sugar-free, dairy-free, and gluten-free foods.
Growing rates of non-communicable diseases like cardiovascular disease, diabetes, cancer, obesity, and overweight among consumers contribute to this change in the population.
- Increasing Consumption of Processed Food
The market consumption trend towards processed food has been driven by people's changing lifestyles and hectic schedules. The unfortunate global spread of the coronavirus has caused this consumption to rise even further. Because of the rise in consumption, businesses have been forced to develop new products and healthier alternatives. Despite all the innovations, sweet potatoes are the only ones used as an ingredient in processed foods.
- Growing Market for Foodservice in the Sweet Potato Sector
Any food-related trend in the market is not just limited to producers of food and beverages. The movement spreads across industries and results in fresh ideas. Foodservice sectors have been incorporating this change in their strategic advancements as the food and beverage sector has seen progressive growth in the consumption and demand for sweet potato products. Many food service businesses have been introducing new products based on sweet potatoes as an ingredient in various regions.
Highlights of Following Sweet Potatoes Market Key Factors:-
- Business description
A detailed description of the company's operations and business divisions
- Corporate strategy
Analyst's summarization of the company's business strategy
- Company history
Progression of key events associated with the company
- Major products and services
A list of major products, services and brands of the company
- Key competitors
A list of key competitors to the company
- Important locations and subsidiaries
A list and contact details of key locations and subsidiaries of the company
- Detailed financial ratios for the past 5 years
The latest financial ratios derived from the annual financial statements published by the company with 5 years' history.
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