The new report by Expert Market Research titled, 'Global Sweet Potato Flour Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025', gives an in-depth analysis of the global sweet potato flour market, assessing the market based on its segments like origin, distribution channels, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
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The key highlights of the report include:
Market Overview (2015-2025)
• Historical Market Size (2019): 92 million metric tons (Global Sweet Potato Production)
• Forecast CAGR (2020-2025): 4.7% (Global Sweet Potato Flour Market)
Due to the high nutritional content of sweet potato flour, including vitamins, minerals, and fibre content, it is expected to show increased demand due to the global rise in health-consciousness. It is also gaining increasing popularity among professional athletes and sportspersons looking for healthy and organic sources of instant carbohydrates. Sweet potato flour has also found varied applications in the food industry as a substitute for all-purpose flour in baked goods, as a thickening agent, taste enhancer, and in the nutraceuticals industry as a supplement. Hence, the increase in foodservice outlets and bakeries are expected to drive growth in the sweet potato flour market.
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Industry Definition and Major Segments
Sweet potato flour is a powder made using sweet potatoes with high nutritional value. It is suitable for numerous health-conscious diets such as gluten-free, gain-free, paleo-friendly, and vegan diets. It can also be used as a food additive or flavouring agent. It is also finding increasing use as a healthier alternative to flour in several cooking and baking applications.
The market is segmented by origin as:
The types of sweet potato flour in the market are:
• Yellow Sweet Potato
• White Sweet Potato
• Purple Sweet Potato
The distribution channels of the market include:
• Direct Sales
• Indirect Sales (Supermarkets and Hypermarkets, Convenience Stores, Specialty Store, Online, and Others)
Sweet potato flour has its end-uses in:
• Feed Industry
The major regions of the market are:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
The increasing number of home-cooked meals in healthy households is driving the demand for sweet potato flour due to its nutritional value and its role as a flavouring agent in various recipes and food-based applications. Azuri Health Ltd., one of the leaders in the sweet potato flour industry, has invested in solar dryers for use in sweet potato flour production in order to make the process more energy-efficient and sustainable. This investment is expected to increase production capacity in the industry and is an indicator of the rising demand for sweet potato flour on a global scale.
Key Market Players
The major players in the market are Glean, LLC, Saipro Biotech Private Limited, Azuri Health Ltd, and Sacoma Sweet Potatoes, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Global Manioc Flour Market: https://bityl.co/4zGy
Global Chestnut Flour Market: https://bityl.co/4zGz
Global Sweet Potato Flour Market: https://bityl.co/4zH0
Global Banana Flour Market: https://bityl.co/4zH1
Global Almond Flour Market: https://bityl.co/4zH2
Global Wheat Flour Market: https://bityl.co/4zH3
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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