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Potato Farming: Market Research Report

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

Potato Farming Market Research Report | NAICS OD6043 | Mar 2016

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

The Potato Farming market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
-0.7%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
41,206
Businesses
27,367
Industry Threats & Opportunities
  • Export markets have been a boon for industry growth in the past five years
  • Food production has become increasingly inexpensive, enabling them to purchase more nonessential foods
  • As more consumers turn away from wheat and other grains, potatoes will pick up some of the slack
  • ... purchase to read more

Industry Analysis & Industry Trends

The Potato Farming industry has benefited from several factors over the five years to 2016. 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 2021, 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 Key Buyers Chapter

Market share concentration in the Potato Farming industry is low; no one company accounts for more than 5.0% of market share. However, large producers in this industry hold a considerably larger market share than large producers in other agricultural industries. Producers such as R.D. and Offutt, Wada Farms and Black Gold Farms are all franchise-run operated, which is an unusual circumstance for a crop production industry, as most crop producers across all agricultural industries are owner-operator run family farms. Aside from a handful of large multilocation operations in this industry, most farmers in this industry are also family-run operators.

.. ... purchase to read more

Additional Insights for the Potato Farming Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Potato Farming Industry are

  • Economies of scale
  • Production of premium goods
  • Appropriate physical growing conditions
  • IBISWorld analysts also discuss how external factors such as Price of vegetables and Demand from fruit and vegetable wholesaling in the Potato Farming industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    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 for freezingProcessed potatoes for chippingProcessed potatoes for dehydrating Processed potatoes for canningSweet potatoes
     
    Industry Activities
    Potato farmingSweet potato farmingYam farming


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Price of vegetables
  • Demand from fruit and vegetable wholesaling
  • Demand from snack food production
  • Average annual precipitation
  • Natural disaster index
  • Per capita fruit and vegetable consumption
  • Current Performance
  • Downstream demand
  • Production and prices
  • International trade
  • Chart: Revenue Growth
  • Industry Outlook
  • Health trends and consumer preferences
  • Product expansion
  • Increasing trade
  • Table: Potato Farming Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Potato Farming Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Frozen Food Production
  • Fruit & Vegetable Wholesaling
  • Supermarkets & Grocery Stores
  • Fruit & Vegetable Markets
  • Fast Food Restaurants
  • Key Selling Industries
  • Crop Services
  • Farm, Lawn & Garden Equipment Wholesaling
  • Pesticide Manufacturing
  • Tractors & Agricultural Machinery Manufacturing
  • Water Supply & Irrigation Systems
  • Products & Services
  • Processed potatoes for freezing
  • Fresh potatoes
  • Processed potatoes for chipping
  • Processed potatoes for dehydrating
  • Sweet potatoes
  • Processed potatoes for canning
  • Chart: Potato Farming Industry Products and Services Segmentation
  • Demand Determinants
  • Population
  • Dietary trends
  • Price
  • Exchange rates
  • Major Markets
  • Food processors
  • Fresh markets
  • Exports
  • Chart: Major Market Segmentation for the Potato Farming Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Rent and utilities
  • Depreciation, wages and other
  • Chart: Cost Structure Benchmarking – Sector vs Potato Farming
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Potato Farming Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Potato Farming Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Potato Farming Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Production (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Heirloom
  • a species of vegetable that is an old variety and not common in large-scale agriculture.
  • Irrigation
  • the artificial application of water to the land or soil, used in assisting in crop growth.
  • Till
  • to prepare or cultivate land for crops.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Potato Farming:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Potato Farming market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Potato Farming, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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