What is Yam Powder?
Yam powder is also known as sweet potato flour. It is powdered starch widely used in food preparation. It is typically white and most commonly used in African dishes. It is prepared by grinding dried yams until they reach a powdered consistency. Yam has been recognized for the prevention cancer, immunity, infection and obesity etc. hence, rising demand for yam powder in supplements is driving the demand for market. Geographically, Asia Pacific region is expected to grow with highest growth rate followed by North America and Europe as APAC is also known as prominent hub for yam production.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | BDS Natural Products (United States), Arko Foods Phils Inc. (Philippines), Tae Kyung Nong San Co Ltd (South Korea), Green Heaven (India), Arkure Health Care (India), Hokkoku Food (Japan), Summit Nutraceutical (India), Herbal Advantage, Inc. (United States), Novoherb Technologies (China), Del Monte Foods, Inc. (United States), McCall Farms, Inc. (United States), Frontier Co-op. (United States) and Jeeva Organic (India) |
CAGR | 4.9% |
The market study is broken down by Type (Tropical Yam, White Guinea Yams, Wild Yam and Others { Chinese Yam, Okinowan Yam, Filipino Purple Yam}), by Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care and Others) and major geographies with country level break-up. According to AMA, the Global Yam Powder market is expected to see growth rate of 4.9%
The market of Yam Powder is expected to grow with rising demand from end use industries. Several companies are operating in the market to provide yam power in perfectly dried form with hygienic packaging. The market is fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Owing to huge demand, market is expected to witness substantial growth over forecast period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BDS Natural Products (United States), Arko Foods Phils Inc. (Philippines), Tae Kyung Nong San Co Ltd (South Korea), Green Heaven (India), Arkure Health Care (India), Hokkoku Food (Japan), Summit Nutraceutical (India), Herbal Advantage, Inc. (United States), Novoherb Technologies (China), Del Monte Foods, Inc. (United States), McCall Farms, Inc. (United States), Frontier Co-op. (United States) and Jeeva Organic (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Yam Powder market by Type, Application and Region.
On the basis of geography, the market of Yam Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging Type, the sub-segment i.e. Poly Bag will boost the Yam Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online {E-commerce Platform, Company Website} will boost the Yam Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In February 2020, Zhilin Group, a biopharmaceutical company has launched portfolio of dietary supplements. These supplements are suitable for menopausal women with symptoms. They are made-up of extracted yam powder containing DOI (a biologically active ingredient). It is non-hormonal product which offers particular attention to nutritional products. With this launch, company is able to provide range of nutritional offerings with extracted yam powder.
Regulatory : ESEM micrographs endorsed the finding of reduction of YFP particle sizes with corresponding increases in sieve mesh sizes. ESEM analysis showed that mechanical shear significantly led to enhancement of surface area. Differential scanning calorimetry showed that melting temperature of YFP with reduced particle size lower. YFP fraction obtained at M400 size showed obviously improved specific surface area as compared to M60 fraction. Generally, it may be implied from the results that free-form phenolic compounds exhibited increasing trends whereas cell-wall bound phenolic compounds showed particle size-dependent decreases with corresponding increases in mesh size.
Market Trend
- Growing Preference for Yam Powder in Ayurvedic Products
Market Drivers
- Increasing Demand for Yam Powder in Cosmetics & Personal Care Products
- Rising Industrial Expenditure of Food & Beverages
Opportunities
- Demand for Yam Power in Pharmaceuticals
- Augmenting Preference for Online Platforms
Restraints
- Side effects on Digestive System may Impact on the Demand in Negative Manner
Challenges
- Uncertainty in Raw Material Availability
Key Target Audience
Yam Powder Manufacturers, Yam Powder Suppliers/Distributors, Raw Material Providers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.