Fried Sweet Potato Market Scope
Fried sweet potato features in an assortment of dishes and cuisines including the well-known sweet potato fries, a variety of French fries using sweet potato rather than potato. Fried sweet potatoes are known as patates in Guinean cuisine, where they are more prevalent then potatoes and more commonly used to make fries. In comparison to french fries made using potatoes, both contain similar levels of macro-nutrients, calories, carbohydrates, fiber, and fat (before cooking). Sweet potato fries are higher in fiber, calcium, and vitamin A, whereas potato fries contain more iron, potassium, and vitamin C. When deep fried both will contain exceptionally similar levels of fat, but if the sweet potato "fries" have really been baked they will have much less fat.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | McCain (Canada), Aviko (Netherlands), International Food and Consumable Goods (Italy), The J. R. Simplot Company (United States), Dole Food Company, Inc. (United States), Lamb Weston Holdings, Inc. (United States), Nash Produce, LLC (United States) and The Kraft Heinz Company (United States) |
CAGR | 6.6% |
The companies are exploring the market by adopting expansions, investments, and new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Fried Sweet Potato market throughout the predicted period.
McCain (Canada), Aviko (Netherlands), International Food and Consumable Goods (Italy), The J. R. Simplot Company (United States), Dole Food Company, Inc. (United States), Lamb Weston Holdings, Inc. (United States), Nash Produce, LLC (United States) and The Kraft Heinz Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Ham Farms (United States), Wayne E. Bailey Produce Company, Inc. (United States) and Walker (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Fried Sweet Potato market by Type , by Application (Food Service Industry and Retail/Household) and Region with country level break-up.
On the basis of geography, the market of Fried Sweet Potato 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In September 2022, Lamb Weston Holdings, Inc. announced an expansion of french fry processing capacity in Argentina with the planned construction of a new manufacturing facility in Mar del Plata, Buenos Aires. The company recently increased its stake in its South American joint venture, Lamb Weston Alimentos Modernos S.A. from 50% to 90%
In July 2019, Walker, a U.K.-based crisp providing company, launched oven-prepared sweet potato crisps.
Influencing Trend:
People Visiting Restaurant and Trying New Cuisines
Market Growth Drivers:
Increasing Disposable Income and Changing Lifestyle of People
Challenges:
Fluctuation in Raw Material Cost
Restraints:
High Cost of the Product and Rising Health Awareness among People
Opportunities:
Untapped Emerging Economies
Key Target Audience
Regulatory bodies, including government agencies and NGO, Commercial research and development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade associations and industry bodies, End-use industries, Raw Material Supplier and Manufacturer, Supplier and Distributor