Global Sweet Potato Flour Market, By Nature (Organic, Conventional), Distribution Channel (Business-to-Business, Business-to-Consumer), End Use (Food and Beverage Industry, Nutraceuticals, Foodservice Industry, Retail/Household), Type (Yellow, White, Purple Sweet Potatoes), Product (Sweet Potato Stem, Fresh Sweet Potato) - Industry Trends and Forecast to 2023 to 2030.
Sweet Potato Flour Market Analysis and Size
Increasing use of the product as a substitute for other flour and can be mixed with any other flour, rising application of the product in pancakes, pasta, cookies, bread and others along with used as thickening agents in sausages, soups, and gravies, increasing growth of the food and beverages industry across the globe, increasing consumption of the product due to its versatile nature and contain more nutritional content than any traditional flour such as soy, wheat are some of the major as well as important factors which will likely to accelerate the growth of the sweet potato flour market in the projected timeframe of 2023-2030.
Data Bridge Market Research analyses that the global sweet potato flour market which was USD 780.12 million in 2022, is expected to reach USD 1,257.92 billion by 2030, growing at a CAGR of 4.7% during the forecast period of 2023 to 2030.
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
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Nature (Organic, Conventional), Distribution Channel (Business-to-Business, Business-to-Consumer), End Use (Food and Beverage Industry, Nutraceuticals, Foodservice Industry, Retail/Household), Type (Yellow, White, Purple Sweet Potatoes), Product (Sweet Potato Stem, Fresh Sweet Potato)
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Countries Covered
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U.S., Canada and Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America
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Market Players Covered
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Saipro Biotech Private Limited (India), Live Glean (U.S.), Barry Farm Foods (U.S.), SACOMA SWEET POTATOES (Kenya), Hearthy Foods (U.S.), Milne MicroDried (U.S.), BULK POWDERS (U.K.), Azuri Health Ltd (Malawi), Xian Shunyi Bio-Chemical Technology Co., Ltd (China), Carolina Innovative Food Ingredients (U.S.), 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)
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Market Opportunities
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Market Definition
Sweet potato flour is a versatile and nutritious flour made from dried and ground sweet potatoes. It is commonly used as an alternative to traditional wheat flour and offers several unique benefits as it is gluten free, rich in nutrients, and has low glycaemic index among others.
Global Sweet Potato Flour Market Dynamics
Drivers
- Increasing consumer awareness regarding health and wellness
Increasing consumer awareness of health and wellness is driving demand for healthier food alternatives. Sweet potato flour is perceived as a healthier alternative to traditional flours due to its nutritional profile, including high fiber content and lower glycemic index.
- Diversity of applications
Sweet potato flour can be used in a wide range of culinary applications, from baked goods like bread and muffins to thickening agents in soups and sauces. Its versatility appeals to both consumers and food manufacturers. Moreover, Sweet potato flour caters to a diverse consumer base, including those following gluten-free, paleo, vegan, and other specialized diets. This broad appeal has contributed to its market growth.
Opportunity
- Innovative product development
Ongoing research and development efforts in the food industry are resulting in innovative sweet potato flour-based products that cater to changing consumer preferences and lifestyles. In addition, as awareness of the nutritional and functional benefits of sweet potato flour grows globally, the market is expanding in various regions, including Africa, Asia-Pacific, and North America.
Restraints/Challenges
- Perception of limited usage
Some consumers may view sweet potato flour as having limited applications, primarily for gluten-free or health-conscious products, which can restrict market growth. In addition, sweet potato flour can be more expensive than traditional wheat flour, which may discourage cost-conscious consumers from making the switch.
- Supply chain disruptions
The availability and consistency of sweet potato flour can be influenced by factors such as weather conditions, crop yields, and crop quality, which can lead to supply chain issues. Furthermore, there is a lack of standardized quality and grading standards for sweet potato flour, which can impact consistency and quality control.
This sweet potato flour 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, analyzes 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 sweet potato flour market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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.
Recent Development
- Saipro Biotech Private Limited has received Business Leader Award for "Best Upcoming Manufacturer Of Natural Food In Maharashtra". By Worldwide Achievers, Delhi with Media Partner IBN7 by Auspicious hands of Hon. Mr.Ramanlal Vora, Minister - Govt. Of Gujarat & in presence of Mr. Maninderjeet Singh Bitta, Chirman - All India Anti-Terrorist Front & Mr. Adarsh Shastri, MLA - AAP Delhi (Grandson Of Mr. Lal Bahadur Shastri, Former PM of India).
Global Sweet Potato Flour Market Scope
The global sweet potato flour market is segmented on the basis of nature, distribution channel, end use, type, and product. The growth amongst these segments will help you analyse 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
Global Sweet Potato Flour Market Regional Analysis/Insights
The sweet potato flour market is analyzed 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 Global sweet potato flour market report are U.S., Canada and Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
Asia-Pacific is expected to dominate the sweet potato flour market due to the prevalence of huge population, along with increasing consumption as well as production of the product in the region while Middle East and Africa region is expected to grow in the forecast period 2023 to 2030 due to the increasing consumption of staple food among the consumers.
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 like 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 Global Sweet Potato Flour Market Share Analysis
The sweet potato flour 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 sweet potato flour market.
Some of the major players operating in the global sweet potato flour market are:
- Saipro Biotech Private Limited (India)
- Live Glean (U.S.)
- Barry Farm Foods (U.S.)
- SACOMA SWEET POTATOES (Kenya)
- Hearthy Foods (U.S.)
- Milne MicroDried (U.S.)
- BULK POWDERS (U.K.)
- Azuri Health Ltd (Malawi)
- Xian Shunyi Bio-Chemical Technology Co., Ltd (China)s
- Carolina Innovative Food Ingredients (U.S.)
- 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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