Industry Analysis & Industry Trends
The Potato Farming industry has benefited from several factors over the five years to 2014. Most importantly, the wide acceptance of industry products has helped sustain steady demand from downstream markets. However, because agricultural production is contingent on many outside forces, the industry must perpetually keep its output levels in line with overall demand. Over the five years to 2019, the industry will continue to benefit from increasing demand from emerging economies and the growing popularity of organic and niche potato varieties, which will create new markets for industry products and contribute to rising industry revenue.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Potato Farming industry is in the mature phase of its life cycle. Over the 10 years to 2019, industry value added (IVA), which is a measure of the industry's contribution to the overall economy, is expected to grow an annualized 1.3%. By comparison, US GPD is expected to grow an annualized 2.7% over the same period. The slight lag of IVA is one sign of a mature industry. The industry is growing steadily and does not experience significant enough demand for it to increase in scale.
Potatoes, sweet potatoes and yams are all well established products in US diets. While it is true there can be a spike in popularity of certain foods, notably with sweet potatoes in the past five years, overall these products enjoy wholehearted market acceptance and have little room for expansion... purchase to read more