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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Sweet Potato Flour Market Size
The global sweet potato flour market is being aided by the growth in the sweet potato production, which attained a volume of about 105.54 million metric tons in 2023. The sweet potato flour industry is expected to grow in the forecast period of 2024-2032 at a CAGR of 4.7%.
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The Asia Pacific to be a Significant Sweet Potato Flour Market
Sweet potato flour is a gluten-free flour obtained from sweet potatoes. It can be used in the making of cakes, cookies, and bread. While the sweet potato is one of the staple foods of North America, the Asia Pacific and Europe are significant consumers of sweet potato flour. China, with its huge population, is a major consumer of the flour in the Asia Pacific.
Sweet potato flour is carbohydrate-rich and is also used as a taste and texture enhancer. Sweet potato flour has high nutritional content compared to wheat and soy flours. It is deemed to be the perfect alternative to wheat flour. Thus, the rising health and diet consciousness is expected to bolster the market of the product in the coming years. The increasing foodservice outlets and bakeries will further aid the sweet potato flour industry in the forecast period.
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Sweet Potato Flour Industry Segmentation
Sweet potato flour is a highly nutritional flour made from sweet potatoes. It is rich in vitamins, fibre, and potassium, making it popular among professional athletes. Sweet potato flour has become a promising alternative to wheat flour in bakeries for usage in cookies, bread, and muffins. Sweet potato flour is also used as a nutritional supplement and texture enhancer.
Based on origin, the market is classified into:
- Organic
- Conventional
On the basis of type, the market is divided into:
- Yellow Sweet Potato
- White Sweet Potato
- Purple Sweet Potato
- Others
Based on the distribution channel, the market is segmented into:
- Direct Sales
- Indirect Sales
By end-use, the market is categorised into:
- Food and Beverages
- Feed Industry
- Nutraceuticals
- Others
The EMR report looks into the regional markets of North America, Europe, the Asia Pacific, Latin America, and the Middle East, and Africa.
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Increasing Health Consciousness to Drive the Market Growth for Sweet Potato Flour
The sweet potato flour industry is driven by a significant rise in health consciousness among the consumers. This can be attributed to its high nutritional content. The product’s popularity is increasing among professional athletes who require instant carbohydrates. Sweet potato flour’s ability to blend with other flours makes it more versatile. The adoption of sweet potato flour in bakeries is expected to aid the product’s market growth in the coming years. The rising use of sweet potato flour as a thickening agent for gravies and as a nutritional supplement is predicted to further strengthen the market of the product in the forecast period.
Key Industry Players in the Global Sweet Potato Flour Market
The report presents a detailed analysis of the following key players in the global sweet potato flour market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Glean, LLC
- Saipro Biotech Private Limited
- Azuri Health Ltd
- Sacoma Sweet Potatoes
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Origin |
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| Breakup by Type |
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| Breakup by Distribution Channel |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Sweet Potato Flour Market Report Snapshots
Sweet Potato Flour Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.7% between 2024 and 2032.
The major market drivers include increasing disposable incomes, growing middle-class population, rising health consciousness, and the growing usage of the product in bakeries and nutritional supplements.
The key trends steering the market forward include the usage of the product as an alternative to wheat flour in bakeries.
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are the major regional markets of the sweet potato flour market.
The major origins of sweet potato flour are organic and conventional.
The leading types of sweet potato flour are yellow, white, and purple sweet potatoes, among others.
The major distribution channels segments within the market are direct and indirect sales.
The significant end-use sectors within the market are food and beverages, feed industry, and nutraceuticals, among others.
Glean, LLC, Saipro Biotech Private Limited, Azuri Health Ltd, and Sacoma Sweet Potatoes are the key industry players for sweet potato flour.
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