Global Sweet Potato Market Insights and Forecast to 2027

Sweet potato is a herbaceous perennial vine, bearing alternate heart-shaped or palmately lobed leaves and medium-sized sympetalous flowers. The edible tuberous root is long and tapered, with a smooth skin whose color ranges between yellow, orange, red, brown, purple, and beige. Its flesh ranges from beige through white, red, pink, violet, yellow, orange, and purple. Sweet potato varieties with white or pale yellow flesh are less sweet and moist than those with red, pink or orange flesh.
The global sweet potato industry market is relatively concentrated. At the same time, countries such as China, Tanzania, and Nigeria have a prominent position in the global sweet potato industry due to their market share and climate environment. In the consumer market, global consumption growth is relatively stable.
China is the largest producer, but its consumption level is very low. The European sweet potato market is still relatively small, but growing rapidly. The United States is the largest sweet potato supplier on the European market. European traders prefer the high volume and stability of US suppliers. Europe's main competitor is Spain, but according to an American businessman, Spanish products cannot compete with the quality of the United States. It is expected that South Africa will occupy a larger market share in the next few years.
Sweet potato consumption is closely related to downstream industries and the global economy. The growth rate of the sweet potato industry may not be as fast as there will be some uncertainties in the global economy in the next few years. But what is certain is that the sweet potato market has broad prospects.
Although the global sweet potato market is highly competitive, many companies can make considerable profits through the production and sale of sweet potatoes, which is why we believe that some companies will enter this market. However, it is recommended that companies entering the industry plan carefully analyze the market and their strengths or weaknesses.

Market Analysis and Insights: Global Sweet Potato Market
The global Sweet Potato market is valued at US$ 32020 million in 2019. The market size will reach US$ 37350 million by the end of 2026, growing at a CAGR of 2.2% during 2021-2026.

Global Sweet Potato Scope and Market Size
Sweet Potato market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Sweet Potato market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.


Segment by Type
Hannah Sweet Potatoes
Japanese Sweet Potatoes
Jewel Sweet Potatoes
Stokes Purple Sweet Potatoes
Garnet Sweet Potatoes


Segment by Application
Commercial Food Industry
Home Food
Feed Industry


By Company
Zgganshu
FAO
China Custom
Societe
Uncomtrade
Zauba
CBP
NBS
Tradingeconomics
Dashboard
Zzys
Mof
Fara
Croptrust


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia