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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Investment Chapter

Potato farming requires extensive capital investments in agricultural machinery and equipment, which have significantly improved farming output compared with traditional methods requiring manual labor. IBISWorld estimates that the capital intensity of the Potato Farming industry, measured as a ratio of depreciation costs to industry wages, is very high. For every $1.00 the industry spends on labor, an estimated $2.33 is invested in capital. Farms require significant amounts of capital equipment to operate tractors, harvesters and cold storage facilities, all of which are considered depreciable capital assets. As the industry's capital becomes increasingly advanced, the industry's dependence on manual labor will gradually decline... 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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