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Potato Farming in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Potato Farming Market Research Report | Consumer Goods & Services | Food Production | Mar 2014

High yield: Growth in emerging economies will continue to present an opportunity for revenue growth

IBISWorld’s Potato Farming market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 09-14
1.6%
Annual Growth 14-19
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Profit
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Employment
26,538
Businesses
16,581
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

 


Industry ProductsRelated ReportsTable of Contents

What is the Potato Farming Industry?

This industry grows potatoes, sweet potatoes, and yams. Potatoes are a staple food product in many parts of the world and can also be used to in the manufacture of other products, including processed snack foods, alcoholic spirits and animal feed.

Industry Products
Fresh potatoesProcessed potatoes
 
Industry Activities
Potato farmingSweet potato farmingYam farming


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