Sweet Potato Market Analysis Showcases Growth Trends and Opportunity until 2027 | AV Thomas Produce, Dole Food Company, Ham Farms, Jackson Farming Company

The global sweet potato market is accounted to US$ 48,628.8 Mn in 2018 and is expected to grow at a CAGR of 2.1% during the forecast period 2019 - 2027, to account to US$ 58,470.0 Mn by 2027.

The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Under the applications segment, the food segment accounted for the largest share in the global sweet potato market. The high nutritional profile of sweet potato and rising demand from developing countries such as Mexico, Greece, Italy, and Indonesia among are the key factors that promote the need for sweet potato in the global sweet potato market. Furthermore, sweet potato is a rich source of fibers, minerals, and vitamins, which help to provides numerous health benefits. Sweet potato has essential fatty acids, and its consumption helps to reduce the risk of cardiovascular diseases. Therefore, the rise in awareness about the health benefits associated with sweet potato consumption is driving the food segment growth in the global sweet potato market.

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The List of Companies:

1. AV Thomas Produce
2. Dole Food Company Inc.
3. Ham Farms
4. Jackson Farming Company
5. Lamb Weston Holdings, Inc.
6. McCain Foods Limited
7. Nash Produce
8. Simplot Food Group
9. The Kraft Heinz Company
10. Yantai China Pet Foods Co., Ltd

Sweet potato is a part of traditional food in many regions and is mostly consumed owing to its nutritional benefits and several health benefits. It is considered as a good source of fatty acids, vitamins, minerals, fibers, and essential micronutrients. Also, the Food and Drug Administration (FDA) has approved the sweet potatoes with nutrient content descriptors, which characterize it as saturated fat-free, fat-free, cholesterol-free, low sodium, high in vitamin C and vitamin A, and a good source of fiber. Currently, high growth in population and growing awareness amongst consumer about sweet potato as a good source of fiber have fueled the growth of the sweet potato market. Along with this, the increase in purchasing power of people in developing nations has also supported the market growth. Thus, the global rise in food application is driving the growth of the sweet potato market.

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Reasons to Buy:

o Highlights key business priorities in order to assist companies to realign their business strategies.

o The key findings and recommendations highlight crucial progressive industry trends in the global sweet potato market, thereby allowing players to develop effective long term strategies.

o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

o Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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This release was published on openPR.