About Edible Beans
Edible beans, often referred to as pulses or legumes, are a diverse and versatile group of seeds that have nourished humanity for centuries. From humble lentils to majestic kidney beans, these tiny powerhouses pack a nutritional punch, making them a valuable addition to any diet. These seeds are used for manufacturing in the food industry. The edible bean family encompasses numerous species, each with its unique characteristics and flavors. The increasing number of vegetarians is driving huge growth in this market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global edible beans market is strongly competitive and covers an increasing number of market-leading players. In terms of market share, some of the players are strongly dominating the global market. These market players are leveraging on strategic collaborative initiatives that enhance their market share and improve their profitability. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Edible Beans market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Star of the West Milling Company (United States), Central Valley Bean Coop (United States), Northarvest Bean (United States), ADM (United States), Chippewa Valley Bean (United States), Michigan (United States), Pulse Canada (Canada), Mountain High Organics (United States), Treasure Valley Seed Company (United States) and Kirsten Company LLC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are The Andersons, Inc. (Canada), Central Bean (United States) and Bonita Bean Company (United States).
Segmentation Overview
AMA Research has segmented the market of Global Edible Beans market by Type (Navy Beans, Pinto Beans, Kidney Beans and Others), Application (Commercial Food Industry and Household Food Industry) and Region.
On the basis of geography, the market of Edible Beans has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Natural will boost the Edible Beans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online Sales Stores will boost the Edible Beans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Number of New Market Entrants and Development in Packaging Techniques
Market Growth Drivers:
Growing Demand for the Edible Beans Majorly for the Kidney Beans, because it is Used in Various of Dishes. Additionally, Continental Restaurants Highly Adopting Kidney Beans in Different Gravies and High Adoption of Beans with High Nutritional Value
Challenges:
High Cost of Processing and Changes in Interest Rates and Foreign Currency Exchange Rates
Restraints:
High Cost Associated with Packaging Techniques
Opportunities:
The Rise in Inclination of the Vegan Lifestyles is also Enhance the Demand for the Edible Beans and Development in E-Commerce Platforms
Market Leaders and their expansionary development strategies
On December 15, 2023, Bush Beans announced a partnership with Beyond Meat to create a plant-based baked bean product using Beyond Meat's crumbles. The product is expected to launch in the spring of 2024.
On January 3, 2024, Campbell's Soup Company launched a new line of healthy and convenient bean-based snacks called "Well Yes!". The line includes roasted chickpeas, lentil chips, and black bean chips in various flavors.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Edible Beans Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.