Frozen Sweet Potato Market Scope And Analysis

Report Code : TIPRE00038960
Category : Food and Beverages

No. of Pages : 150

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Frozen Sweet Potato Market Analysis and Scope (2021 to 2022)

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Frozen Sweet Potato Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 3,982.50 Million
Market Size by 2030	US$ 6,105.37 Million
Global CAGR (2022 - 2030)	5.5%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Type Fries Nuggets and Puffs Wedges Hashbrowns By Category Organic and Conventional By End User Food Service and Food Retail
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Conagra Brands Inc Ardo Foods NV Aviko BV Birds Eye Ltd Lamb Weston Holdings Inc Le Duc Fine Food BV McCain Foods Ltd Mondial Foods BV Handy Food Innovation Ltd

COVID-19 Impact:

The COVID-19 pandemic affected almost all industries in various countries in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA). Various industries, including food & beverages, suffered severe disruptions due to disturbances in supply chains and shutdowns of production plants amid the COVID-19 pandemic. Many businesses announced possible delays in product deliveries and slumps in their future sales. Thus, suspended operations in various industries hindered the frozen sweet potato market growth in 2020.

On the contrary, the COVID-19 pandemic altered global consumer preferences as health became their top priority. The preferences for healthy snacks, along with the demand for products with organic ingredients, increased. This factor triggered the demand for frozen sweet potatoes. However, severe distribution network disruptions and business shutdowns resulted in a demand and supply gap in the world. Manufacturers in the frozen sweet potato market witnessed labor shortages and faced challenges in sourcing raw materials, which negatively impacted their profitability. In 2021, governments of various countries announced relaxations in the restrictions, such as trade bans, lockdowns, and business shutdowns. Manufacturers were permitted to operate at full capacity, which helped them overcome the demand and supply gaps. Also, with the introduction of vaccines, the marketplace witnessed recovery, which benefitted the frozen sweet potato market.

Competitive Landscape and Key Companies:

Conagra Brands Inc, Ardo Foods NV, Aviko BV, Birds Eye Ltd, Lamb Weston Holdings Inc, Le Duc Fine Food BV, McCain Foods Ltd, Mondial Foods BV, Handy Food Innovation Ltd, and Sunbulah Food & Fine Pastries Manufacturing Co Ltd are among the top 10 companies operating in the global frozen sweet potato market report. These companies focus on developing organic products, which is expected to offer new opportunities to the market in the coming years.