The Business Research Company’s Sweet Potatoes Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Sweet Potatoes Global Market Report 2023 evaluates sweet potatoes market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America,South America, Middle East, Africa.
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The global sweet potatoes market is expected to grow from $52,841.41 million in 2026 at a rate of 2.6%. The sweet potatoes market size is then expected to grow at a CAGR of 2.4% from 2026 and reach $59,517.05 million in 2031.
The growth of population globally and rapid urbanization is expected to drive the demand for the sweet potato going forward. An increase in population will boost the demand for various consumer durable products that use sweet potatoes. With an increasing population, the trade and commerce activities will increase globally, driving demand for a number of sweet potato products. According to data from the United Nations, the world population is expected to reach 9.8 billion by 2050. According to “The Agricultural Outlook” by the Organization for Economic Co-operation and Development (OECD), an intergovernmental organization with 38 member countries, and FAO (Food and Agriculture Organization), a UN organization, they published in 2018, that global cereal production was projected to increase by 13% by 2027. Crop production, farming activities and trade volumes will have to increase in order to meet the increased population. Rising urbanization is also expected to contribute to the growth of the market in the forecast period. Increasing population and urbanization will drive demand for food and agricultural activities, supporting the demand for sweet potatoes used in these industries. According to the United Nations, by 2050, it is estimated that around 68% of the total world population will live in urban areas, up from the 55% of the world’s population living in urban areas currently. The rapid growth in urbanization and global population, especially in developing economies, is expected to propel the growth of the sweet potato market.
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The sweet potatoes market segments in the report are:
1) By Form: Whole Fruit; Processed Sweet Potatoes; Paste/Purees and Flour
2) By Type: Fresh; Frozen; Dried and Other Types
3) By Nature: Conventional and Organic
4) By Packaging Type: bag; pouches; tray; box and other packaging types
5) By End Users: Household; Food and beverages Industry; Food Service Provider and Other End Users
The table of contents in TBRC’s sweet potatoes market report includes:
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