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Global Sweet Potato Flour Market – Industry Trends and Forecast to 2031

Food & Beverage

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Global Sweet Potato Flour Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Sweet Potato Flour Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 816.79 USD Million
Diagram Market Size (Forecast Year) USD 1,179.46 USD Million
Diagram CAGR %

Major Markets Players

  • Saipro Biotech Private Limited
  • Live Glean
  • Barry Farm Foods
  • SACOMA SWEET POTATOES
  • Hearthy Foods

Global Sweet Potato Flour Market, By Nature (Organic, and Conventional), Distribution Channel (Business-to-Business, and Business-to-Consumer), End Use (Food and Beverage Industry, Nutraceuticals, Foodservice Industry, and Retail/Household), Type (Yellow, White, and Purple Sweet Potatoes), Product (Sweet Potato Stem, and Fresh Sweet Potato) – Industry Trends and Forecast to 2031.

Sweet Potato Flour Market

Sweet Potato Flour Market Analysis and Size

The sweet potato flour market is flourishing, fueled by the latest technological advancements and increased consumer demand for gluten-free and nutritious alternatives. Innovations in processing techniques enhance product quality, while sustainable practices drive market growth. With a surge in health-conscious consumers embracing plant-based diets, the sweet potato flour market is poised for continued expansion and diversification.

The global sweet potato flour market size was valued at USD 816.79 million in 2023, is projected to reach USD 1,179.46 million by 2031, with a CAGR of 4.7% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Nature (Organic, and Conventional), Distribution Channel (Business-to-Business, and Business-to-Consumer), End Use (Food and Beverage Industry, Nutraceuticals, Foodservice Industry, and Retail/Household), Type (Yellow, White, and Purple Sweet Potatoes), Product (Sweet Potato Stem, and Fresh Sweet Potato)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

Saipro Biotech Private Limited. (India), Sacoma (Kenya), Hearthy Foods (U.S.), MicroDried (U.S.), Bulk (U.K.), Xian Shunyi Bio, Chemical Technology Co.,Ltd (China), Shree Biotech (India), Urban Platter (India), Shaanxi Undersun Biomedtech Co., Ltd (China), YT (Xi'an) Biochem Co., Ltd (China), Nash Produce (U.S.), Dole Food Company Inc (U.S.), Sinofi Ingredients (China), Ham Farms (U.S.), J.R. Simplot Company (U.S.), and UWC Foods Private Limited (India)

Market Opportunities

  • Growing Vegan and Plant-Based Diets
  • Expansion of Food Industry

Market Definition

Sweet potato flour is a gluten-free, nutritious alternative to traditional wheat flour. Made from dried and ground sweet potatoes, it boasts a subtly sweet flavor and a vibrant orange color. Rich in vitamins, minerals, and fiber, it adds both taste and health benefits to baked goods such as bread, muffins, and pancakes, making it a versatile ingredient in gluten-free and paleo diets.

Sweet Potato Flour Market Dynamics

Drivers

  • Growing Awareness about Health and Nutrition Benefit

Growing awareness of sweet potatoes' nutritional value, abundant in vitamins, minerals, and fiber, propels demand for sweet potato flour as a healthier substitute for traditional flours. For instance, in response to this trend, food manufacturers are incorporating sweet potato flour into gluten-free baking mixes, offering consumers nutritious options for bread, cakes, and pancakes. This health-conscious shift fuels the market's growth as consumers seek wholesome alternatives for their dietary needs.

  • Growing Demand for Gluten-Free and Allergen-Free Products

The escalating demand for gluten-free alternatives due to the rising prevalence of gluten-related disorders propels the market for sweet potato flour. As a naturally gluten-free option, sweet potato flour meets the needs of individuals with gluten intolerance or allergies. This trend is exemplified by the increasing popularity of gluten-free baking mixes and products featuring sweet potato flour as a primary ingredient, driving its market growth trajectory.

Opportunities

  • Growing Vegan and Plant-Based Diets

As more consumers adopt vegan and plant-based diets, there's a growing demand for plant-derived ingredients such as sweet potato flour to replace animal-derived products in recipes. For instance, sweet potato flour serves as a nutritious substitute for eggs and dairy in baking, enabling the creation of vegan-friendly cakes, cookies, and pancakes. This growing trend aligns with consumer preferences for sustainable, cruelty-free ingredients, driving the adoption of sweet potato flour in diverse culinary applications.

  • Expansion of Food Industry

The expanding food industry's demand for innovative ingredients to cater to consumer preferences presents a significant opportunity for sweet potato flour. As consumers seek healthier and diverse food options, products such as sweet potato flour offer a versatile solution for gluten-free, vegan, and nutritionally-rich sweet potato flour recipes. For instance, bakeries and food manufacturers can incorporate sweet potato flour into their product lines to create gluten-free baked goods and healthier snacks, tapping into this growing market segment.

Restraints/Challenges

  • Limited Product Diversity

Limited product diversity in sweet potato flour arises due to the scarcity of suitable sweet potato varieties for efficient flour production. This scarcity constrains market innovation and hampers the introduction of diverse products. Without adequate varieties, the potential for addressing this challenge remains restricted, impeding the expansion and evolution of the market.    

  • Issues in Supply Chain

Supply chain issues, including variable quality of raw sweet potatoes, seasonal availability, and purple sweet potato flour transportation logistics, disrupt sweet potato flour production and distribution. Inconsistent quality affects product consistency, while seasonal availability creates production gaps. Transportation challenges further compound these issues, leading to unreliable supply and hindering market stability and growth.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • Saipro Biotech Private Limited was honored with the Business Leader Award for "Best Upcoming Manufacturer Of Natural Food In Maharashtra" by Worldwide Achievers, Delhi. The award ceremony took place in the auspicious presence of Hon. Mr. Ramanlal Vora, Minister - Govt. Of Gujarat, alongside esteemed guests Mr. Maninderjeet Singh Bitta, Chairman - All India Anti-Terrorist Front, and Mr. Adarsh Shastri, MLA - AAP Delhi

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Sweet Potato Flour Market Scope

The market is segmented on the basis of nature, distribution channel, end use, type, and product. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Nature

  • Organic
  • Conventional

 Distribution Channel

  • Business-to-Business
  • Business-to-Consumer
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online Retail

 End Use

  • Food and Beverage Industry
    • Bakery
    • Sauces and Dressings
    • Smoothies and Juices
    • Snacks, Savories and Bars
    • Others
  • Nutraceuticals
  • Foodservice Industry
  • Retail/Household

 Type

  • Yellow
  • White
  • Purple Sweet Potatoes

 Product

  • Sweet Potato Stem
  • Fresh Sweet Potato

Sweet Potato Flour Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by country, nature, distribution channel, end use, type, and product as referenced above.

The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Asia-Pacific is expected to dominate the sweet potato flour market, driven by its vast population and rising consumption and production of the product in the region. With growing awareness of its nutritional benefits of sweet potato flour, demand is projected to surge, cementing the region's leading position in the market.

Middle East and Africa region is expected to grow in the sweet potato flour market due to increasing consumer consumption of staple food. This trend reflects a rising preference for nutritious alternatives, driving demand for sweet potato-derived products and fostering market expansion in the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Sweet Potato Flour Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

  • Saipro Biotech Private Limited. (India)
  • Sacoma (Kenya)
  • Hearthy Foods (U.S.)
  •  MicroDried (U.S.)
  • Bulk (U.K.)
  • Xian Shunyi Bio-Chemical Technology Co.,Ltd (China)
  • Shree Biotech (India)
  • Urban Platter (India)
  • Shaanxi Undersun Biomedtech Co., Ltd (China)
  • YT (Xi'an) Biochem Co., Ltd (China)
  • Nash Produce (U.S.)
  • Dole Food Company Inc (U.S.)
  • Sinofi Ingredients (China)
  • Ham Farms (U.S.)
  • J.R. Simplot Company (U.S.)
  • UWC Foods Private Limited (India)


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FREQUENTLY ASK QUESTIONS

Growing Awareness about Health, Nutrition Benefit, Growing Demand for Gluten-Free and Allergen-Free Products are the growth drivers of the Sweet Potato Flour Market.
The nature, distribution channel, end-use, type, and product are the factors on which the Sweet Potato Flour Market research is based.
The major companies in the Sweet Potato Flour Market are Saipro Biotech Private Limited. (India), Sacoma (Kenya), Hearthy Foods (U.S.), MicroDried (U.S.), Bulk (U.K.), Xian Shunyi Bio, Chemical Technology Co.,Ltd (China), Shree Biotech (India), Urban Platter (India), Shaanxi Undersun Biomedtech Co., Ltd (China), YT (Xi'an) Biochem Co., Ltd (China), Nash Produce (U.S.), Dole Food Company Inc (U.S.), Sinofi Ingredients (China), Ham Farms (U.S.), J.R. Simplot Company (U.S.), and UWC Foods Private Limited (India).
The Sweet Potato Flour Market size will be worth USD 1,179.46 million by 2031.
The Sweet Potato Flour Market growth rate will be CAGR of 4.7% by 2031.
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