In 2023, China led the global sweet potato processing market with 694.0 thousand metric tons, showing a slight decline of 0.57% from the previous year. Japan followed with 311.0 thousand metric tons, also experiencing a minor decrease of 0.63%. Israel and Taiwan processed 35.0 and 32.0 thousand metric tons respectively, with Israel experiencing a modest growth of 1.18% and Taiwan remaining constant. India, with 16.0 thousand metric tons, showed the most significant increase of 2.71% in the same period.
For future trends, the global sweet potato processing market should monitor potential growth drivers such as increasing demand for healthier food options and innovations in sweet potato-based products. Additionally, market players should consider potential impacts from climate change affecting crop yield and strive toward sustainable processing practices. Economic factors, including trade policies and exchange rates, might also influence country-specific production and export capacities. Being aware of these trends will enable stakeholders to anticipate changes and innovate to maintain competitive advantage in a dynamic market.
Top countries in Sweet Potatoes Processing by Country
| # | 5 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 694 | 2023 | -0.29% | -0.57% | View data |
| 2 | 2 Japan | 311 | 2023 | -0.64% | -0.63% | View data |
| 3 | 3 Israel | 35 | 2023 | 0% | +1.18% | View data |
| 4 | 4 Taiwan | 32 | 2023 | 0% | 0% | View data |
| 5 | 5 India | 16 | 2023 | +6.67% | +2.71% | View data |
