| Product Code: ETC176690 | Publication Date: Jan 2022 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Sri Lanka sweet potatoes market saw a 4.9% import growth rate from 2023 to 2024. However, the compound annual growth rate (CAGR) for 2020-2024 was -5.18%. This decline could be attributed to shifts in consumer preferences or changes in agricultural policies impacting imports.
The Sri Lanka sweet potatoes market is experiencing steady growth due to increasing consumer awareness of the health benefits and nutritional value of sweet potatoes. The demand for sweet potatoes has been driven by their versatility in culinary applications and their status as a healthier alternative to traditional starchy vegetables. Local farmers are expanding their cultivation of sweet potatoes to meet the rising demand, with a focus on organic and high-quality produce. The market is also benefiting from government initiatives to promote the consumption of sweet potatoes and support local agricultural production. Key players in the Sri Lanka sweet potatoes market include farmers, wholesalers, retailers, and food processors who are actively involved in the distribution and marketing of sweet potatoes to cater to the growing consumer demand.
In the Sri Lanka sweet potatoes market, there is a growing trend towards increased consumption of locally grown sweet potatoes due to their nutritional benefits and versatility in culinary applications. Consumers are becoming more health-conscious and are seeking out natural and organic food options, leading to a rising demand for sweet potatoes as a healthy and sustainable alternative to other starchy vegetables. Additionally, there is a growing interest in value-added sweet potato products such as chips, fries, and flours, catering to the convenience and snacking preferences of modern consumers. Local farmers and producers are also focusing on sustainable farming practices and promoting the unique varieties of sweet potatoes available in Sri Lanka to differentiate themselves in the market and attract more discerning consumers.
In the Sri Lanka sweet potatoes market, challenges include limited awareness and consumption of sweet potatoes among the general population, competition from other staple crops like rice and potatoes, inconsistent supply due to seasonal variations, lack of standardized grading and packaging leading to quality issues, inadequate infrastructure for storage and transportation, and limited access to markets for small-scale sweet potato farmers. Additionally, there is a need for more research and development to enhance varieties suitable for local conditions and preferences, as well as to address pest and disease management issues. Overcoming these challenges would require collaborative efforts among government agencies, farmers, researchers, and industry stakeholders to promote the benefits of sweet potatoes, improve production practices, establish value chains, and expand market opportunities both domestically and internationally.
Investment opportunities in the Sri Lanka sweet potatoes market are promising due to increasing consumer demand for healthy and versatile food options. Potential investments could involve expanding sweet potato cultivation to meet growing demand, establishing processing facilities for value-added products like sweet potato chips or purees, or investing in marketing and distribution channels to reach a wider consumer base. Additionally, there is potential for research and development in developing new sweet potato varieties with enhanced taste, nutrition, and shelf life. With the rising awareness of the nutritional benefits of sweet potatoes and the potential for export opportunities, investing in the Sri Lanka sweet potatoes market could prove to be a profitable venture for investors looking to capitalize on the growing health food trend.
The Sri Lankan government has implemented policies to promote the sweet potatoes market by providing financial support and technical assistance to farmers, encouraging cultivation and consumption of sweet potatoes. The government has also focused on improving infrastructure such as storage facilities and transportation networks to reduce post-harvest losses and increase market access for sweet potato farmers. Additionally, there are initiatives to enhance research and development in sweet potato farming techniques to improve productivity and quality. These policies aim to boost the sweet potatoes market in Sri Lanka, increase farmer incomes, and ensure food security in the country.
The future outlook for the Sri Lanka sweet potatoes market appears promising, driven by increasing consumer awareness of the health benefits associated with sweet potatoes and a growing trend towards healthier eating habits. The market is anticipated to witness steady growth due to the rising demand for nutritious and versatile food options. Additionally, advancements in agricultural practices and technology are expected to enhance sweet potato production efficiency, leading to improved yields and quality. Furthermore, the increasing focus on sustainable farming practices and the availability of government support for agricultural development are likely to contribute to the expansion of the sweet potatoes market in Sri Lanka. Overall, the market is poised for growth as consumers seek out healthier and locally sourced food options.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Sweet Potatoes Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Sweet Potatoes Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Sweet Potatoes Market - Industry Life Cycle |
3.4 Sri Lanka Sweet Potatoes Market - Porter's Five Forces |
3.5 Sri Lanka Sweet Potatoes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sri Lanka Sweet Potatoes Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Sri Lanka Sweet Potatoes Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Sri Lanka Sweet Potatoes Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Sri Lanka Sweet Potatoes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of sweet potatoes |
4.2.2 Growing demand for organic and natural produce |
4.2.3 Government initiatives to promote agriculture and support farmers |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations impacting supply and pricing |
4.3.2 Challenges in transportation and logistics |
4.3.3 Competition from other starchy vegetables |
5 Sri Lanka Sweet Potatoes Market Trends |
6 Sri Lanka Sweet Potatoes Market, By Types |
6.1 Sri Lanka Sweet Potatoes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Fresh, 2021 - 2031F |
6.1.4 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Frozen, 2021 - 2031F |
6.1.5 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Dried, 2021 - 2031F |
6.1.6 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Sri Lanka Sweet Potatoes Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Whole Product, 2021 - 2031F |
6.2.3 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Paste, 2021 - 2031F |
6.2.4 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Flour, 2021 - 2031F |
6.2.5 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Sri Lanka Sweet Potatoes Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Food, 2021 - 2031F |
6.3.3 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Beverage, 2021 - 2031F |
6.3.4 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Animal feed, 2021 - 2031F |
6.3.5 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Sri Lanka Sweet Potatoes Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.3 Sri Lanka Sweet Potatoes Market Revenues & Volume, By Residential, 2021 - 2031F |
7 Sri Lanka Sweet Potatoes Market Import-Export Trade Statistics |
7.1 Sri Lanka Sweet Potatoes Market Export to Major Countries |
7.2 Sri Lanka Sweet Potatoes Market Imports from Major Countries |
8 Sri Lanka Sweet Potatoes Market Key Performance Indicators |
8.1 Average selling price of sweet potatoes |
8.2 Number of new sweet potato farmers entering the market |
8.3 Consumer awareness and perception of sweet potatoes |
8.4 Percentage of sweet potato crop wastage due to storage or transportation issues |
8.5 Adoption rate of sustainable farming practices in sweet potato cultivation |
9 Sri Lanka Sweet Potatoes Market - Opportunity Assessment |
9.1 Sri Lanka Sweet Potatoes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sri Lanka Sweet Potatoes Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Sri Lanka Sweet Potatoes Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Sri Lanka Sweet Potatoes Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Sri Lanka Sweet Potatoes Market - Competitive Landscape |
10.1 Sri Lanka Sweet Potatoes Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Sweet Potatoes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |