Europe Sweet Potato Powder Market, By Sweet Potato Type (Beauregard, Jewel, Covington, Red Garnet, Okinawan, Japanese Sweet Potatoes, and Others), Color Of Powder (Light Orange, White And Cream, Light Purple, and Light Yellow), Nature (Non-GMO, and GMO), Category (Conventional and Organic), Product Type (Standard/Regular and Customized), Drying Method (Air Drying, Drum Drying, Spray Drying, Freeze Drying, Tray Drying, and Others), Claim (Sulphite Free, Preservatives Free, Kosher, Carrier Agent Free, Color Free, and Others), Application (Food and Beverages, Dietary and Nutritional Supplements, Personal Care, Pet Food and Sports Nutrition), Country (U.K., Germany, Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Europe Sweet Potato Powder Market
Europe 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 3.9% in the forecast period of 2022 to 2029 and is expected to reach USD 117.08 million by 2029. The high demand for sweet potato powder and the emerging economy are expected to 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.
Various nutritional benefits of sweet potatoes are expected to propel market growth. Growing tariff charges on sweet potatoes may restrain the market growth. The growing market of functional food and dietary supplements may create new opportunities for market growth. Unfavorable environmental conditions are expected to challenge market growth.
The report provides details of Europe sweet potato powder market share, new developments, and impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact Data Bridge Market Research for an Analyst Brief; our team will help you create a revenue impact solution to achieve your desired goal.
Europe Sweet Potato Powder Market Scope and Market Size
The Europe 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 Europe 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 Europe sweet potato powder market due to the growing applications demand of Beauregard sweet potato powder due to the availability of Beauregard on a large scale in the region.
- On the basis of color of powder, the Europe 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 Europe sweet potato powder market due to the huge availability of various orange color varieties.
- On the basis of nature, the Europe sweet potato powder market is divided into two segments, non-GMO and GMO. In 2022, the non-GMO segment is anticipated to dominate the Europe sweet potato powder market due to increased demand for non-GMO food among consumers.
- On the basis of category, the Europe sweet potato powder market is divided into two segments, conventional and organic. In 2022, the conventional segment is anticipated to dominate the Europe sweet potato powder market due to its affordable prices and easy availability.
- On the basis of product type, the Europe sweet potato powder market is divided into two segments, standard/regular and customized. In 2022, the standard/regular segment is anticipated to dominate the Europe sweet potato powder market due to lack of customization by major operating players.
- On the basis of drying method, the Europe 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 Europe sweet potato powder market due to its traditional and cost-consuming.
- On the basis of claim, the Europe 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 is expected to dominate the Europe sweet potato powder market due to increased awareness about the side effects of chemical-based sweet potato powder.
- On the basis of application, the Europe sweet potato powder market is divided into five segments, 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.
Europe Sweet Potato Powder Market Country Level Analysis
The Europe sweet potato powder market is analyzed, and market size information is provided by country, sweet potato type, color of powder, nature, category, product type, drying method, claim, and application.
Some of the countries covered in the Europe sweet potato powder market report are U.K., Germany, Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe.
The U.K. is expected to dominate the region due to the growing trend of veganism across the country. Also, France is expected to dominate the region due to the growing demand for plant-based products. Germany is expected to dominate the region due to growing awareness regarding the nutritional benefits of sweet potatoes among the people.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Business Expansion is an Opportunity for the Europe Sweet Potato Powder market
Europe sweet potato powder market also provides you with a detailed market analysis for every country's growth in a particular industry with Sweet potato powder sales, the impact of business expansion in the Sweet potato powder, and changes in regulatory scenarios with their support for the Sweet potato powder market. The data is available for the historical period 2011 to 2020.
Competitive Landscape and Europe Sweet Potato Powder Market Share Analysis
The Europe 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 Europe sweet potato powder market.
Some of the major players covered in the report are Aminola, Undersun Biomedtech Co.,Ltd, Sinofi Ingredients (A Subsidiary of Shanghai Bichain Industrial Chemical), Xian Shunyi Bio-Chemical Technology Co.,Ltd, Foodchem International Corporation, Saipro Biotech Private Limited, Nutraonly (Xi'an) Nutritions Inc, Xinghua Lianfu Food Co.,Ltd, Van Drunen Farms, SACOMA SWEET POTATOES, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launches and agreements are also initiated by the companies worldwide, which also accelerates the Europe sweet potato powder market.
The exhibition, partnership, joint ventures, and other strategies by the market player are enhancing the company market in the Europe sweet potato powder market, which also benefits the organization to improve their offering for palatability modifiers.
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