Sweet Potato Market Report - Share and Size by 2031
Sweet Potato Market: Size and Share
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CAGR (2018 - 2027)2.1% -
Market Size 2018
US$ 48.63 Billion -
Market Size 2027
US$ 58.47 Billion
Market Dynamics
- Increasing consumer demand for healthy and nutritious foods.
- Expanding popularity of plant-based diets among various demographics.
- Growing awareness of sweet potatoes' health benefits and versatility.
- Emphasizing health benefits of sweet potatoes in diets and recipes.
- Increasing demand for organic sweet potatoes among health-conscious consumers.
- Expanding sweet potato product lines in snacks and convenience foods.
- Exploring plant-based snacks for health-conscious consumers.
- Developing innovative sweet potato-based meal kits for convenience.
- Expanding organic sweet potato cultivation for sustainable farming.
Market Segmentation
Form - Whole Product
- Paste and Flour
Type - Fresh
- Frozen
- Dried
Application - Food
- Beverage and Animal Feed
Sweet Potato Market Players Density: Understanding Its Impact on Business Dynamics
The Sweet Potato Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Sweet Potato Market are:
- AV Thomas Produce
- Dole Food Company Inc.
- Ham Farms
- Jackson Farming Company
- Lamb Weston Holdings, Inc.
Disclaimer: The companies listed above are not ranked in any particular order.
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