Sweet Potatoes Market is Expected to Grow with the CAGR of 4.7 % in the Forecast Period of 2021 to 2028

Sweet Potatoes Market is forecast to grow with significant CAGR due to growing applications of sweet potatoes across industries and various nutrition benefits of sweet potatoes.

However, growing tariff charges on the sweet potatoes is hampering the growth of sweet potatoes in the market.

Sweet potatoes market has shown an exceptional penetration in U.S. and Canada. Growing market of functional food and dietary supplements is creating opportunity for sweet potatoes market.

Sweet Potatoes Market Scenario

According to Data Bridge Market Research, the market for sweet potatoes in U.S. has the highest market share followed by Canada. Market leader is McCain Foods Limited which accounts an estimated market share of approximately 20% to 25%. The market is witnessing continuous product launch, partnership and other strategies in the market.

For instance,

  • In December 2020, McCain Foods Limited invested USD 200 million for a second production facility expansion in China. Through this increased production capacity, the company will continue to lead the frozen potato market in the region.

North America Sweet Potatoes Market

Trends Impacting the Market

Now the question is which other regions McCain Foods Limited, Conagra Brands, Inc.  and Lamb Weston Holdings, Inc.  are targeting? Data Bridge Market Research has estimated a large growth in U.S. sweet potatoes market and the market leaders targeting Canada and Mexico to be their next revenue pockets for 2021.

The sweet potatoes market is becoming more competitive every year with companies such as McCain Foods Limited, Conagra Brands, Inc. and Lamb Weston Holdings, Inc. as they are the market leaders for sweet potatoes. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the sweet potatoes market.

Sweet Potatoes Market Development

  • In March 2019, Conagra Brands, Inc. attended the Natural Products Expo West 2019 Show, where the company showcased their better-for-you food portfolio. The display included products from brands like Alexia, Duke’s, Frontera, among others.

Scope of the Sweet Potatoes Market

Sweet potatoes market on the basis of countries is segmented into the U.S., Canada and Mexico.

  • All country based analysis of sweet potatoes market market is further analyzed based on further segmentation. On the basis of type, the sweet potatoes market is divided into four segments, namely, sweet potato flour, whole products, processed sweet potatoes and paste/purees. On the basis of product type, the sweet potatoes market is divided into four segments, namely, fresh, frozen, dried and others. On the basis of nature, the sweet potatoes market is divided into two segments, namely, conventional and organic. On the basis of packaging type, the sweet potatoes market is divided into five segments, bag, tray, box, pouches and others. On the basis of end user, the sweet potatoes market is divided into four segments, namely, food & beverages industry, food service sector, house-hold and others. On the basis of distribution channel, the sweet potatoes market is divided into store-based retailing and online retail

Key Pointers Covered in Sweet Potatoes Market Industry Trends and Forecast to 2028

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • KP Snacks
  • Conagra Brands, Inc.
  • Nash Produce
  • Sweet Potato Spirit Company
  • Ham Farms
  • Dole Food Company Inc.
  • McCain Foods Limited
  • Carolina Innovative Food Ingredients
  • The Kraft Heinz Company
  • A.V. Thomas Produce, Inc
  • Jackson Farming Company
  • Lamb Weston Holdings, Inc.
  • J.R. Simplot Company
  • Jackson's Honest
  • Urban Platter
  • Nestle
  • Idahoan Foods, LLC
  • Aunt Bessies Limited

Above are the key players covered in the report, to know about more and exhaustive list of sweet potatoes companies https://www.databridgemarketresearch.com/toc/?dbmr=north-america-sweet-potatoes-market

Research Methodology: Sweet Potatoes Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturers, Nutrition Industrialists and Pharmaceutical & Biotechnological Researchers
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Product Manager and Regulatory Affairs Managers among others.

Browse in Food and Beverage Category Related Reports@ https://www.databridgemarketresearch.com/report-category/food-beverage/