Edible Beans Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Edible Beans market, including market size, growth projections, segmentation, and regional insights for the forecast period of 2023 to 2033.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $10.50 Billion |
| CAGR (2023-2033) | 4.5% |
| 2033 Market Size | $16.45 Billion |
| Top Companies | Bush's Best, Pinnacle Foods, Goya Foods, Del Monte Foods, Royal Green |
| Last Modified Date | 15 Nov 2024 |
Edible Beans Market Report (2023 - 2033)
Edible Beans Market Overview
What is the Market Size & CAGR of Edible Beans market in 2023?
Edible Beans Industry Analysis
Edible Beans Market Segmentation and Scope
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Edible Beans Market Analysis Report by Region
Europe Edible Beans Market Report:
Europe's market is estimated to grow from $2.78 billion in 2023 to $4.35 billion by 2033. Factors such as increasing veganism, government initiatives promoting plant-based foods, and the popularity of beans in Mediterranean diets are propelling market expansion in this region.Asia Pacific Edible Beans Market Report:
In the Asia Pacific region, the Edible Beans market is expected to grow from $2.05 billion in 2023 to $3.22 billion in 2033, driven by rising health awareness, adoption of plant-based diets, and culinary innovations. The region showcases a growing preference for locally sourced beans, alongside increasing exports of various pulse varieties.North America Edible Beans Market Report:
In North America, the Edible Beans market is projected to grow from $3.46 billion in 2023 to $5.42 billion by 2033. The rise in consumer preferences for healthy eating, particularly among millennials, coupled with the expanding food service industry, is driving market growth in this region.South America Edible Beans Market Report:
The South American market, valued at $0.86 billion in 2023 and projected to reach $1.35 billion in 2033, is bolstered by the continent's agricultural capacity and favorable climate for bean cultivation. Increasing export opportunities and a growing domestic market for processed beans are significant growth factors.Middle East & Africa Edible Beans Market Report:
The Middle East and Africa region expects to see growth from $1.34 billion in 2023 to $2.10 billion in 2033. The rising demand for organic and health-focused food options is driving the market, alongside an increase in urbanization and changing dietary habits.Request a custom research report for industry.
Edible Beans Market Analysis By Variety
Global Edible Beans Market, By Variety Market Analysis (2023 - 2033)
The market for black beans dominates the Edible Beans market with growth from $5.92 billion in 2023 to $9.28 billion in 2033, maintaining a market share of 56.42%. Kidney beans are also significant, expected to rise from $2.37 billion to $3.71 billion, holding 22.55% market share. Pinto and navy beans as well as others also show growth, feeding into the diverse culinary applications across various regions.
Edible Beans Market Analysis By Application
Global Edible Beans Market, By Application Market Analysis (2023 - 2033)
The food processing segment is the leader in the Edible Beans market, generating $6.51 billion in 2023, with projections to grow to $10.19 billion by 2033, representing 61.97% of the market share. Other applications like biofuel and health foods indicate robust growth as sustainability practices take precedence in sourcing and production.
Edible Beans Market Analysis By Distribution Channel
Global Edible Beans Market, By Distribution Channel Market Analysis (2023 - 2033)
Supermarkets significantly dominate the distribution channels with a size of $6.51 billion in 2023 and expected growth to $10.19 billion by 2033. The online retail channel is noted for its rapid growth, expected to reach from $2.31 billion to $3.62 billion, showcasing a shift towards digital shopping among consumers.
Edible Beans Market Analysis By Nutritional Category
Global Edible Beans Market, By Nutritional Category Market Analysis (2023 - 2033)
The health foods category within the Edible Beans market is anticipated to grow from $1.68 billion in 2023 to $2.63 billion in 2033. The trends reflecting a consumer shift toward high protein and fiber-rich foods underpin this segment's growth, alongside the rising trend of nutritional awareness.
Edible Beans Market Analysis By Processing Type
Global Edible Beans Market, By Processing Type Market Analysis (2023 - 2033)
Canned beans represent a significant segment, with a market size of $6.51 billion in 2023 expected to grow to $10.19 billion by 2033. Fresh and dried beans also show significant growth reflecting increasing convenience demands among consumers, emphasizing ease of preparation and nutritional value.
Edible Beans Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Edible Beans Industry
Bush's Best:
Bush's Best is a leading manufacturer of canned beans and has successfully positioned itself as a top brand in North America, known for quality and sustainability in its products.Pinnacle Foods:
Pinnacle Foods is a significant player in the processed foods category, offering a range of bean products under various brand names, prominent for their high nutritional value and taste.Goya Foods:
Goya Foods is a major brand in Latin America and the United States, specializing in a vast array of bean products, integral to the diverse culinary traditions of Latin cuisine.Del Monte Foods:
Del Monte is well-known for its canned and packaged foods, including a robust selection of bean products, focusing on convenience and health.Royal Green:
Royal Green specializes in organic and health-based food products, including an extensive range of legumes and beans, aimed at health-conscious consumers.We're grateful to work with incredible clients.
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FAQs
What is the market size of edible beans?
The edible beans market is valued at approximately $10.5 billion in 2023, with a projected CAGR of 4.5% through 2033. This growth reflects increasing demand for nutritious plant-based protein globally.
What are the key market players or companies in the edible beans industry?
Key players in the edible beans market include major agricultural companies, food processing firms, and export businesses specializing in bean cultivation and distribution, contributing significantly to market dynamics.
What are the primary factors driving the growth in the edible beans industry?
The growth drivers for the edible beans market include rising health consciousness, increased demand for sustainable protein sources, and the popularity of plant-based diets among consumers, fueling market expansion.
Which region is the fastest Growing in the edible beans market?
Asia Pacific is the fastest-growing region in the edible beans market, expected to grow from $2.05 billion in 2023 to $3.22 billion in 2033, due to increasing consumption and health awareness.
Does ConsaInsights provide customized market report data for the edible beans industry?
Yes, ConsaInsights offers customized market report data for the edible beans industry, allowing clients to access tailored insights and analyses that suit their specific business needs.
What deliverables can I expect from this edible beans market research project?
Deliverables from the edible beans market research project include detailed market analysis, trend forecasts, competitive intelligence, and regional insights, supporting informed decision-making for stakeholders.
What are the market trends of edible beans?
Current market trends in the edible beans industry include a shift towards high-protein and fiber-rich products, growing penetration of online retail, and increased consumer interest in nutritious, canned, and fresh bean options.