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Sweet Potato Flour Market Report and Forecast 2024-2032

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    Report

  • 203 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921442
According to the report, the global sweet potato flour market grew significantly in 2023. Aided by the escalating demand for gluten-free food products and the mounting applications of sweet potato flour across diverse sectors, the market is projected to further grow at a CAGR of 4.7% between 2024 and 2032.

Sweet potato flour, a fine-grained and versatile ingredient, is derived from dried and ground sweet potatoes. Recognised for its subtly sweet flavour, it is gaining ground as a vital component in baking and cooking, serving as an excellent alternative for traditional flours. Enriched with essential vitamins, minerals, and dietary fibre, sweet potato flour not only caters to the taste but also promotes a healthy digestive system, regulates blood sugar levels, and supports overall immunity.

One of the primary drivers steering the global sweet potato flour market growth is the escalating demand for gluten-free food products. With increasing numbers of people being diagnosed with celiac disease and gluten sensitivity, coupled with a broader trend toward gluten-free diets for health and weight management reasons, the call for alternatives like sweet potato flour has witnessed a surge. Its mild sweet taste and unique texture have made it an attractive option in baking and culinary ventures, providing a delicious twist to traditional recipes.

In addition to its gluten-free property, the inherent nutritional profile of sweet potato flour positions it as a front-runner in the health and nutrition sector. It is rich in beta-carotene, vitamin C, and magnesium, promoting eye health, immune function, and bone health respectively. Given the amplified global emphasis on health and wellness, consumers are continuously on the lookout for nutrient-rich ingredients, further amplifying the sweet potato flour market demand.

Moreover, the versatility of sweet potato flour extends its applications beyond just food. In the cosmetics industry, it is being studied for its potential benefits to skin health, given its rich vitamin content. Early research suggests that its antioxidant properties could play a role in skincare products, offering protection against free radicals and potential anti-aging benefits.

Furthermore, the world's increasing interest in diverse cuisines, especially those of Asian and African origins where sweet potato is a staple, has further broadened the scope for sweet potato flour. It's essential in the preparation of specific traditional dishes and is also being experimented with in innovative culinary creations globally.

The food industry's pursuit for sustainable, environmentally friendly ingredients also influences the sweet potato flour market outlook. Sweet potatoes are relatively drought-resistant crops, requiring less water than many other staple foods. Producing flour from sweet potatoes may, therefore, be seen as a move towards a more sustainable food production system, especially in areas where water resources are limited.

Market Segmentation

The market can be divided based on origin, type, distribution channel, end use, and region.

Market Breakup by Origin

  • Organic
  • Conventional

Market Breakup by Type

  • Yellow Sweet Potato
  • White Sweet Potato
  • Purple Sweet Potato
  • Others

Market Breakup by Distribution Channel

  • Direct Sales
  • Indirect Sales
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Store
  • Online
  • Others

Market Breakup by End Use

  • Food and Beverages
  • Bakery and Snacks
  • Beverage
  • Infant Food
  • Dressings and Sauces
  • Others
  • Feed Industry
  • Nutraceuticals
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global sweet potato flour market. Some of the major players explored in the report are as follows:
  • Glean, LLC
  • Saipro Biotech Private Limited
  • Azuri Health Ltd
  • Sacoma Sweet Potatoes
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sweet Potato Flour Market Analysis
8.1 Key Industry Highlights
8.2 Global Sweet Potato Flour Historical Market (2018-2023)
8.3 Global Sweet Potato Flour Market Forecast (2024-2032)
8.4 Global Sweet Potato Flour Market by Origin
8.4.1 Organic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Conventional
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Sweet Potato Flour Market by Type
8.5.1 Yellow Sweet Potato
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 White Sweet Potato
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Purple Sweet Potato
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Sweet Potato Flour Market by Distribution Channel
8.6.1 Direct Sales
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Indirect Sales
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.2.3 Breakup by Type
8.6.2.3.1 Supermarkets and Hypermarkets
8.6.2.3.1.1 Historical Trend (2018-2023)
8.6.2.3.1.2 Forecast Trend (2024-2032)
8.6.2.3.2 Convenience Stores
8.6.2.3.2.1 Historical Trend (2018-2023)
8.6.2.3.2.2 Forecast Trend (2024-2032)
8.6.2.3.3 Specialty Store
8.6.2.3.3.1 Historical Trend (2018-2023)
8.6.2.3.3.2 Forecast Trend (2024-2032)
8.6.2.3.4 Online
8.6.2.3.4.1 Historical Trend (2018-2023)
8.6.2.3.4.2 Forecast Trend (2024-2032)
8.6.2.3.5 Others
8.7 Global Sweet Potato Flour Market by End Use
8.7.1 Food and Beverages
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.1.3 Breakup by Type
8.7.1.3.1 Bakery and Snacks
8.7.1.3.1.1 Historical Trend (2018-2023)
8.7.1.3.1.2 Forecast Trend (2024-2032)
8.7.1.3.2 Beverage
8.7.1.3.2.1 Historical Trend (2018-2023)
8.7.1.3.2.2 Forecast Trend (2024-2032)
8.7.1.3.3 Infant Food
8.7.1.3.3.1 Historical Trend (2018-2023)
8.7.1.3.3.2 Forecast Trend (2024-2032)
8.7.1.3.4 Dressings and Sauces
8.7.1.3.4.1 Historical Trend (2018-2023)
8.7.1.3.4.2 Forecast Trend (2024-2032)
8.7.1.3.5 Others
8.7.2 Feed Industry
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Nutraceuticals
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Global Sweet Potato Flour Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Sweet Potato Flour Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Sweet Potato Flour Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Sweet Potato Flour Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Sweet Potato Flour Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Sweet Potato Flour Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.5 Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Glean, LLC
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Saipro Biotech Private Limited
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Azuri Health Ltd
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Sacoma Sweet Potatoes
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Project Requirement and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
List of Key Figures and Tables
1. Global Sweet Potato Flour Market: Key Industry Highlights, 2018 and 2032
2. Global Sweet Potato Flour Historical Market: Breakup by Origin (Million Metric Tons), 2018-2023
3. Global Sweet Potato Flour Market Forecast: Breakup by Origin (Million Metric Tons), 2024-2032
4. Global Sweet Potato Flour Historical Market: Breakup by Type (Million Metric Tons), 2018-2023
5. Global Sweet Potato Flour Market Forecast: Breakup by Type (Million Metric Tons), 2024-2032
6. Global Sweet Potato Flour Historical Market: Breakup by Distribution Channel (Million Metric Tons), 2018-2023
7. Global Sweet Potato Flour Market Forecast: Breakup by Distribution Channel (Million Metric Tons), 2024-2032
8. Global Sweet Potato Flour Historical Market: Breakup by End Use (Million Metric Tons), 2018-2023
9. Global Sweet Potato Flour Market Forecast: Breakup by End Use (Million Metric Tons), 2024-2032
10. Global Sweet Potato Flour Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
11. Global Sweet Potato Flour Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
12. North America Sweet Potato Flour Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
13. North America Sweet Potato Flour Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
14. Europe Sweet Potato Flour Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
15. Europe Sweet Potato Flour Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
16. Asia Pacific Sweet Potato Flour Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
17. Asia Pacific Sweet Potato Flour Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
18. Latin America Sweet Potato Flour Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
19. Latin America Sweet Potato Flour Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
20. Middle East and Africa Sweet Potato Flour Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
21. Middle East and Africa Sweet Potato Flour Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Sweet Potato Flour Market Structure

Companies Mentioned

  • Glean LLC
  • Saipro Biotech Private Limited
  • Azuri Health Ltd
  • Sacoma Sweet Potatoes

Methodology

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