The global sweet potato powder market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 3.8% in the forecast period of 2022 to 2029 and is expected to reach USD 955.96 million by 2029. The high demand for sweet potato powder and the emerging economy may accelerate the market's growth.
Sweet potato powder is made by drying and smashing sweet potatoes with various tools and techniques and then sold with the highest safety standards endorsed by international certifications, such as BRC, HACCP. Sweet potato powder is also known to have various health benefits, such as they improve digestion and supporting gut health. Sweet potato powder is also anti-inflammatory in nature and consists of various anti-oxidants. Sweet potato powder is also available in various colors such as purple, orange, and others. Since sweet potato powder is rich in various vitamins and minerals, they are also preferred in various functional foods and baby food products. Sweet potato powder across regions is used for various applications such as food, dietary, nutritional supplements, personal care, and sports nutrition.
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Global Sweet Potato Powder Market Scope and Market Size
The global sweet potato powder market is segmented based on sweet potato type, color of powder, nature, category, product type, drying method, claim, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of sweet potato type, the global sweet potato powder market is divided into seven segments, beauregard, jewel, covington, red garnet, okinawan, Japanese sweet potatoes, and others. In 2022, the Beauregard segment is anticipated to dominate the global sweet potato powder market due to the growing application demand of Beauregard sweet potato powder and various advantages over others.
- On the basis of color of powder, the global sweet potato powder market is divided into four segments, light orange, white and cream, light purple, and light yellow. In 2022, the light orange segment is anticipated to dominate the global sweet potato powder market due to the huge availability of various oregano color varieties.
- On the basis of nature, the global sweet potato powder market is divided into non-GMO and GMO. In 2022, the non-GMO segment is anticipated to dominate the global sweet potato powder market due to increased demand for non-GMO food among consumers.
- On the basis of category, the global sweet potato powder market is divided into conventional and organic. In 2022, the conventional segment is anticipated to dominate the global sweet potato powder market due to its affordable prices and easy availability.
- On the basis of product type, the global sweet potato powder market is divided into standard/regular and customized. In 2022, the standard/regular segment is anticipated to dominate the global sweet potato powder market due to the lack of customization by major operating players.
- On the basis of drying method, the global sweet potato powder market is divided into six segments air drying, drum drying, spray drying, freeze drying, tray drying, and others. In 2022, the air drying segment is expected to dominate the sweet potato powder market due to traditional and cost-consuming methods compared to others.
- On the basis of claim, the global sweet potato powder market is divided into six segments sulphite free, preservatives free, kosher, carrier agent free, color free, and others. In 2022, the sulphite free segment will dominate the sweet potato powder market owing to the increased awareness about the side effects of chemical-based sweet potato powder.
- On the basis of application, the global sweet potato powder market is divided into food and beverages, dietary and nutritional supplements, personal care, pet food, and sports nutrition. In 2022, the food and beverages segment is expected to dominate due to the growing application of sweet potato powder for food purposes.
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Competitive Landscape and Global Sweet Potato Powder Market Share Analysis
The global sweet potato powder market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and source lifeline curve. The above data points provided are only related to the company's focus related to the global sweet potato powder market.
Some of the major players covered in the report are Xinghua Lianfu Food Co.,Ltd, Nutraonly (Xi'an) Nutritions Inc, Essex Food Ingredients, Xian Shunyi Bio-Chemical Technology Co.,Ltd, Van Drunen Farms, Milne MicroDried, Aminola, Foodchem International Corporation, Hearthy Foods, North Bay Trading Co., SACOMA SWEET POTATOES, Saipro Biotech Private Limited, Sinofi Ingredients (A Subsidiary of Shanghai Bichain Industrial Chemical), VLLOW FOOD PRODUCTS PRIVATE LIMITED, Undersun Biomedtech Co.,Ltd, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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