Insights Into The Sweet Potatoes Market’s Growth Opportunities Through 2023-2032 – Includes Sweet Potatoes Market Analysis
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Growing demand for plant-based goods is likely to promote innovation in sweet potato production, propelling the market during the forecast period.
The global sweet potatoes market is expected to grow from $47.58 billion in 2022 to $48.89 billion in 2023 at a compound annual growth rate (CAGR) of 2.6%. The global sweet potatoes market size is expected to reach $54.11 billion in 2027 at a CAGR of 2.6%.
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Global Sweet Potatoes Market Segments Include:
- By Form: Whole Product, Processed Sweet Potatoes, Paste or Purees, Flour
- By Type: Fresh, Frozen, Dried, Other Types
- By Packaging Type: Bag, Pouches, Box, Tray, Other Packaging Types
- By Nature: Conventional, Organic
- By End User: Household, Food Service Sector, Food and Beverages Industry, Other Users
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global sweet potatoes market in 2021.
Major Market Players in the sweet potatoes market include Black Gold Farms, Scott Farms Inc, Ham Farms, Topashaw Farms, Vick Family Farms, McCain Foods Limited, Kgarose Kgaros (Pty) Ltd, Mano Food, Lamb Weston Meijer MEA FZ-LLC, Vegberry Middle East, Vapza.
Technological developments are a major trend that is gaining traction in the sweet potato sector. To boost their market position, major sweet potato companies are inventing unique products using advanced technologies. For example, in September 2022, researchers at the University of Pretoria (UP) used innovative drying technologies to increase the nutritional value of sweet potatoes. The method combines microwave and infrared applications, resulting in greater beta-carotene preservation. The flour made from orange-fleshed sweet potatoes is a good source of vitamin A.
The Sweet Potatoes Global Market Report 2023 provides a sweet potatoes market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The sweet potatoes market forecast analyzes sweet potatoes market size, sweet potatoes market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Sweet potatoes are colourful root vegetables that are high in nutrients. Sweet potatoes provide numerous health benefits, including enhancing insulin sensitivity in diabetics, maintaining healthy blood pressure levels, lowering cancer risk, improving digesting capacity, and safeguarding eye health.
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