The global dry beans market size reached US$ 6.7 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 8.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028. The increasing consumption of dry beans, easy product availability via online and offline channels and the growing popularity of vegan and vegetarian diets among the masses represent some of the key factors driving the market.
Dry beans are types of legumes that are harvested when they are fully mature and have dried out. They are an important staple food in many cultures around the world and have been consumed for thousands of years. They are a great source of protein, fiber, and complex carbohydrates and are also low in fat, cholesterol-free, and gluten-free, making them a healthy choice for individuals with a variety of dietary needs. Some of the popular types of cannellini, fava, fayot, lima, adzuki and chickpeas, which have a unique flavors and textures and can be cooked in a variety of ways. They are widely used in a variety of dishes, including soups, stews, chili, salads, and dips and can also be mashed and utilized as a substitute for meat in vegetarian and vegan recipes. In addition to being a nutritious food source, dry beans are also an environmentally friendly crop as they require less water and fertilizer to grow than other protein sources like meat, and they also help to improve soil health by fixing nitrogen in the soil.
Dry beans are types of legumes that are harvested when they are fully mature and have dried out. They are an important staple food in many cultures around the world and have been consumed for thousands of years. They are a great source of protein, fiber, and complex carbohydrates and are also low in fat, cholesterol-free, and gluten-free, making them a healthy choice for individuals with a variety of dietary needs. Some of the popular types of cannellini, fava, fayot, lima, adzuki and chickpeas, which have a unique flavors and textures and can be cooked in a variety of ways. They are widely used in a variety of dishes, including soups, stews, chili, salads, and dips and can also be mashed and utilized as a substitute for meat in vegetarian and vegan recipes. In addition to being a nutritious food source, dry beans are also an environmentally friendly crop as they require less water and fertilizer to grow than other protein sources like meat, and they also help to improve soil health by fixing nitrogen in the soil.
Dry Beans Market Trends:
The global market is primarily driven by the growing consumption of dry beans among the masses. This can be attributed to the increasing awareness regarding the health benefits of dry beans among individuals. In addition to this, with an increasing focus on health and wellness, there has been a shift towards plant-based foods as a healthy source of protein and other essential nutrients, along with the growing popularity of vegan and vegetarian diets is also driving demand for dry beans across the globe. In line with this, the changing consumer preference for natural and minimally processed foods as a convenient food option is providing a boost to the sales of dry beans. Apart from this, easy product availability via online and offline organized distribution channels and the advent of home delivery models are creating a positive market outlook. Moreover, dry beans are a convenient food option since they can be stored for long periods without refrigeration and can be easily prepared by boiling or pressure-cooking, which makes them an attractive option for busy consumers looking for quick and healthy meal options, further impacting the market favorably. Other factors, including continual improvements in the agriculture industry and the widespread product demand across the food and beverage industry, are also positively influencing the market.Key Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the global dry beans market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on bean type, packaging type, distribution channel and end-use.Bean Type Insights:
- Pinto Beans
- Black Beans
- Navy Beans
- Red Kidney Beans
- Great Northern Beans
- Others
Packaging Type Insights:
- Plastic Bags
- Cans
- Jars
- Others
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Speciality Stores
- Departmental Stores
- Convenience Stores
- Others
End-Use Insights:
- Households
- Restaurants and Hotels
- Flour Industry
- Others
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Poland
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- United Arab Emirates
- Israel
- Others
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global Dry beans market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 21st Century Bean Processing LLC, Kelley Bean Co., Hayes Food Products Inc., Goya Food Inc., Colin Ingredients, Harmony House Foods, Inc., Eden Foods, Ruchi Foods LLP, Garlico Industries Ltd. (Garon Dehydrate Private Limited), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global dry beans market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global dry beans market?
- What is the impact of each driver, restraint, and opportunity on the global dry beans market?
- What are the key regional markets?
- Which countries represent the most attractive dry beans market?
- What is the breakup of the market based on the bean type?
- Which is the most attractive bean type in the dry beans market?
- What is the breakup of the market based on the packaging type?
- Which is the most attractive packaging type in the dry beans market?
- What is the breakup of the market based on distribution channel?
- Which is the most attractive distribution channel in the dry beans market?
- What is the breakup of the market based on end-use?
- Which is the most attractive end-use in the dry beans market?
- What is the competitive structure of the global dry beans market?
- Who are the key players/companies in the global dry beans market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Dry Beans Market
6 Market Breakup by Bean Type
7 Market Breakup by Packaging Type
8 Market Breakup by Distribution Channel
9 Market Breakup by End-Use
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 21st Century Bean Processing LLC
- Kelley Bean Co. Hayes Food Products Inc.
- Goya Food Inc.
- Colin Ingredients
- Harmony House Foods Inc.
- Eden Foods
- Ruchi Foods LLP
- Garlico Industries Ltd. (Garon Dehydrate Private Limited)
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 144 |
| Published | October 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 6.7 Billion |
| Forecasted Market Value ( USD | $ 8.7 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
