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Yams Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 118
  • SKU: IRTNTR72932
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The yams market share is expected to increase by USD 47.36 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.53%.

This yams market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers yams market segmentations by product (non-organic and organic) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The yams market report also offers information on several market vendors, including Amruth Organics and Natural Store, BDS Natural Products Inc., Bio Botanica Inc., Dabur India Ltd., Dr. Willmar Schwabe GmbH and Co. KG, Frontier Co op, Green Amrut, McCall Farms Inc., Novoherb Technologies, Penn Herb Co. Ltd., Provital SAU, Wellgreen Technology Co. Ltd., and Xtend-Life Natural Products Intl Ltd. among others.

What will the Yams Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Yams Market Size for the Forecast Period and Other Important Statistics

 

Yams Market: Key Drivers, Trends, and Challenges

The health benefits associated with yams is notably driving the yams market growth, although factors such as the fluctuating price of yams may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the yams industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Yams Market Driver

The health benefits associated with yams is one of the key drivers supporting the yams market growth. The increasing awareness among consumers about the health benefits of yams increases the demand for it across the world. Some of the health benefits of yams are it is rich in nutrients and contains vitamin C, magnesium, potassium, manganese, copper, and fiber. Yam helps in improving brain functions and relieves arthritis symptoms. They contain a unique compound called diosgenin, which has been found to promote neuron growth, enhance brain function, and inhibit the progression of both osteoporosis arthritis and rheumatoid arthritis. It also helps in maintaining cholesterol levels. Thus, the health benefits offered by yams will drive the market growth during the forecast period.

Key Yams Market Trend

Increasing demand for organic yams is one of the key yams market trends that is contributing to the market growth. The growing perception among consumers that organic yam is healthier than conventional yam is boosting the demand for organic variants of yams. The players in the market are also coming up with new organic yam products to cater to the demand from consumers. The cultivation phase of organic products does not involve the use of pesticides and insecticides and, thus, the products do not contain pesticide and insecticide residues. Therefore, they are perceived to be safer and healthier than products cultivated using conventional methods. The promotion of organic food products by various government agencies and the increasing health consciousness among consumers will also increase the demand for organic yams during the forecast period. Thus, the growing demand for organic yams will drive the growth of the global yams market during the forecast period.

Key Yams Market Challenge

The fluctuating price of yams is one of the factors hindering the yams market growth. The prices of yams fluctuate across countries such as the US, Canada, Nigeria, and India. The prices fluctuate due to various reasons such as natural calamities, hoarding by the players, and surplus production. The price fluctuation of yams can also affect the end products made from yams. Therefore, such fluctuations will negatively impact the growth of the yams market during the forecast period.

This yams market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global yams market as a part of the global agricultural products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the yams market during the forecast period.

Who are the Major Yams Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Amruth Organics and Natural Store   
  • BDS Natural Products Inc.
  • Bio Botanica Inc.
  • Dabur India Ltd.
  • Dr. Willmar Schwabe GmbH and Co. KG
  • Frontier Co op
  • Green Amrut
  • McCall Farms Inc.
  • Novoherb Technologies
  • Penn Herb Co. Ltd.
  • Provital SAU
  • Wellgreen Technology Co. Ltd.
  • Xtend-Life Natural Products Intl Ltd.

 

This statistical study of the yams market encompasses successful business strategies deployed by the key vendors. The yams market is fragmented and the vendors are deploying growth strategies such as price, quality, reputation, brand identity, and distribution to compete in the market.

Product Insights and News

  • Bio-botanica.com - The company offers a wide range of products such as wild yam.
  • Dabur.com - The company offers Elephant yam that is rich in proteins, fat, fiber, carbohydrates, starch, oxalic acid and minerals such as calcium, phosphorus, iron.
  • Frontiercoop.com - The company offers Frontier Wild Yam Root, which is a low-creeping perennial crop that grows wild in the eastern half of North America.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The yams market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Yams Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the yams market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Yams Market?

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71% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for the yams market in North America. Market growth in this region will be slower than the growth of the market in APAC and South America.

The growing vegan population in the US will facilitate the yams market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 significantly changed the fundamentals of the yams market in North America. However, as of early 2021, with the introduction of vaccines, the number of COVID-19 cases reduced in the region. The growing popularity of online retail has increased grocery sales through e-commerce platforms. Thus, such factors are expected to drive the growth of the market during the forecast period.

What are the Revenue-generating Product Segments in the Yams Market?

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The yams market share growth by the non-organic segment will be significant during the forecast period. The demand for non-organic yams is increasing due to the health benefits associated with their consumption and is expected to rise further during the forecast period. Yams are not only an excellent source of fiber but are also high in potassium and manganese, which are important for supporting bone health, growth, metabolism, and heart function. They also provide other micronutrients, such as copper and vitamin C. Copper is vital for red blood cell production and iron absorption, and vitamin C is a strong antioxidant that can boost the immune system. Such health benefits associated with non-organic yams are driving the segment growth.

This report provides an accurate prediction of the contribution of all the segments to the growth of the yams market size and actionable market insights on post COVID-19 impact on each segment.

 

Yams Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.53%

Market growth 2022-2026

$ 47.36 million

Market structure

Fragmented

YoY growth (%)

2.97

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 71%

Key consumer countries

US, Canada, Taiwan, UK, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amruth Organics and Natural Store   , BDS Natural Products Inc., Bio Botanica Inc., Dabur India Ltd., Dr. Willmar Schwabe GmbH and Co. KG, Frontier Co op, Green Amrut, McCall Farms Inc., Novoherb Technologies, Penn Herb Co. Ltd., Provital SAU, Wellgreen Technology Co. Ltd., and Xtend-Life Natural Products Intl Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Yams Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive yams market growth during the next five years
  • Precise estimation of the yams market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the yams industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of yams market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Non-organic - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Non-organic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Non-organic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Non-organic - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Non-organic - Year-over-year growth 2021-2026 (%)
    • 5.4 Organic - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Organic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Organic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Organic - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Organic - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Product
      • Exhibit 36: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Canada - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Taiwan - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Taiwan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Taiwan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Taiwan - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Taiwan - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 BDS Natural Products Inc.
              • Exhibit 89: BDS Natural Products Inc. - Overview
              • Exhibit 90: BDS Natural Products Inc. - Product / Service
              • Exhibit 91: BDS Natural Products Inc. - Key offerings
            • 10.4 Bio Botanica Inc.
              • Exhibit 92: Bio Botanica Inc. - Overview
              • Exhibit 93: Bio Botanica Inc. - Product / Service
              • Exhibit 94: Bio Botanica Inc. - Key offerings
            • 10.5 Dabur India Ltd.
              • Exhibit 95: Dabur India Ltd. - Overview
              • Exhibit 96: Dabur India Ltd. - Business segments
              • Exhibit 97: Dabur India Ltd. - Key offerings
              • Exhibit 98: Dabur India Ltd. - Segment focus
            • 10.6 Frontier Co op
              • Exhibit 99: Frontier Co op - Overview
              • Exhibit 100: Frontier Co op - Product / Service
              • Exhibit 101: Frontier Co op - Key offerings
            • 10.7 McCall Farms Inc.
              • Exhibit 102: McCall Farms Inc. - Overview
              • Exhibit 103: McCall Farms Inc. - Product / Service
              • Exhibit 104: McCall Farms Inc. - Key offerings
            • 10.8 Novoherb Technologies
              • Exhibit 105: Novoherb Technologies - Overview
              • Exhibit 106: Novoherb Technologies - Product / Service
              • Exhibit 107: Novoherb Technologies - Key offerings
            • 10.9 Penn Herb Co. Ltd.
              • Exhibit 108: Penn Herb Co. Ltd. - Overview
              • Exhibit 109: Penn Herb Co. Ltd. - Product / Service
              • Exhibit 110: Penn Herb Co. Ltd. - Key offerings
            • 10.10 Provital SAU
              • Exhibit 111: Provital SAU - Overview
              • Exhibit 112: Provital SAU - Product / Service
              • Exhibit 113: Provital SAU - Key offerings
            • 10.11 Wellgreen Technology Co. Ltd.
              • Exhibit 114: Wellgreen Technology Co. Ltd. - Overview
              • Exhibit 115: Wellgreen Technology Co. Ltd. - Product / Service
              • Exhibit 116: Wellgreen Technology Co. Ltd. - Key offerings
            • 10.12 Xtend-Life Natural Products Intl Ltd.
              • Exhibit 117: Xtend-Life Natural Products Intl Ltd. - Overview
              • Exhibit 118: Xtend-Life Natural Products Intl Ltd. - Product / Service
              • Exhibit 119: Xtend-Life Natural Products Intl Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 120: Inclusions checklist
                • Exhibit 121: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 122: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 123: Research methodology
                • Exhibit 124: Validation techniques employed for market sizing
                • Exhibit 125: Information sources
              • 11.5 List of abbreviations
                • Exhibit 126: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              The yams market growth will increase by $47.36 million during 2022-2026.
              The yams market is expected to grow at a CAGR of 4.53% during 2022-2026.
              Technavio has segmented the yams market by product (Non-organic and Organic) and geographic (North America, Europe, APAC, Middle East and Africa, and South America).
              Amruth Organics and Natural Store?á ?á, BDS Natural Products Inc., Bio Botanica Inc., Dabur India Ltd., Dr. Willmar Schwabe GmbH and Co. KG, Frontier Co op, Green Amrut, McCall Farms Inc., Novoherb Technologies, Penn Herb Co. Ltd., Provital SAU, Wellgreen Technology Co. Ltd., Xtend-Life Natural Products Intl Ltd. are a few of the key vendors in the yams market.
              North America will register the highest growth rate of 71.01% among the other regions. Therefore, the yams market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • Canada
              • Taiwan
              • UK
              • France
              The key factors driving the yams market growth are:
              • Health benefits associated with yams
              • Increasing demand for organic yams
              The yams market vendors should focus on grabbing business opportunities from the non-organic segment as it accounted for the largest market share in the base year.
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