Industry Background:
The kidney bean is generally a variety of the common bean also known as Phaseolus Vulgaris. It is hereby named for its visual similarity in shape as well as color to that of a kidney. Cooked kidney beans consist of 67% water, 23% carbohydrates, 9% protein, and contain negligible fat (table). Boiled kidney beans in a reference amount of 100 grams provide 530 kJ (127 kcal) and are a rich source (20% or more of the daily value, DV) of protein, folic acid, iron, and phosphorus with moderate amounts of thiamine, copper, magnesium, and zinc. Red kidney beans are commonly used in chili con carne and in Indian cuisine, where the beans are known as rajma. In the Levant, a common kidney bean stew that is usually served with rice is known as Fasoulia. To make bean paste, kidney beans are generally made from dried beans and cooked until soft. At this point, the dark red beans are pulverized into a dry paste.This growth is primarily driven by Increasing Global Demand for Nutrition Rich Food Products by Consumers
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Tons |
Value Unit | Value (USD Million) |
Key Companies in Study | Vanilla Food Company (Canada), Amadeus Vanilla Beans (United States), Camellia Brand (United States), Shiningbeans (China), Nielsen-Massey Vanillas (United States), Trimurti Trading Company (India) and Faith Angel Group (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Vanilla Food Company (Canada), Amadeus Vanilla Beans (United States), Camellia Brand (United States), Shiningbeans (China), Nielsen-Massey Vanillas (United States), Trimurti Trading Company (India) and Faith Angel Group (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Market Drivers
- Increasing Global Demand for Nutrition Rich Food Products by Consumers
- The Increasing Disposable Income of an Individual
- Changing Consumer Preferences
Market Trend
- The Rising Popularity of Red Kidney Beans among the Consumers
- Cumulating Demand for Longer Shelf Life of Food
Restraints
- Fluctuation in Production as well as Volume of these Beans due to Climatic Conditions
Opportunities
The Emerging Demand from Developing Countries and Growing Food Industries across the Developing Countries
Challenges
Changing the Preference of People Towards Eating Different Products
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Red Kidney Bean Study Sheds Light on
The Red Kidney Bean Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Red Kidney Bean industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Red Kidney Bean industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.