Sweet Potato Market Scope, Growth, Size and Share by 2027
Sweet Potato Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 48.63 Billion |
Market Size by 2027 | US$ 58.47 Billion |
Global CAGR (2018 - 2027) | 2.1% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Form
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Type Insights
The global sweet potato market by the type has been segmented into fresh, frozen, dried and others. The fresh type segment accounted for the largest share in the global sweet potato market. The fresh sweet potatoes are the ones that are picked right away from the farms. The fresh sweet potatoes are unadulterated with any kinds of preservatives or fertilizers. They are highly rich in fibers, starch and vitamin A. the organic sweet potatoes are not considered to be fresh as they are adulterated using various preservatives and fertilizers. These factors are projected to propel the growth of the sweet potato market over the forecast period.
Mergers and acquisition were observed as the most adopted strategies in global sweet potato market. Few of the recent developments in the global sweet potato market are listed below:
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 – By Form
- Whole Product
- Paste
- Flour
Global Sweet Potato Market – By Type
- Fresh
- Frozen
- Dried
Global Sweet potato Market – By Application
- Food
- Beverage
- Animal Feed
Global Sweet potato Market – By Geography
North America
- U.S.
- Mexico
- Rest of North America
Europe
- Greece
- Portugal
- Italy
- Rest of Europe
Asia Pacific (APAC)
- Indonesia
- China
- India
- Japan
- Taiwan
- Rest of Asia Pacific
Middle East and Africa (MEA)
- Africa
- Egypt
- Kenya
- Rest of MEA
South America
- Brazil
- Argentina
- Rest of South America (SAM)
Company Profiles
- 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