Industry Background:
The Bambara Bean market is expected to observe robust growth owing to the various advantages of Bambara beans (for instance, Bambara bean can grow on poor soil). Bambara Bean is Africa’s third most important grain bean. The bean possesses high nutritional value. Bambara Beans and its products are often used as a snack or food supplement. Food and beverages made using Bambara Beans are high in protein content and good for the digestion system. Bambara is particularly suitable for low-input agricultural production systems in drought-prone regions of Sub-Saharan Africa.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Princebrim Foods (United States), BUSH’S (United States), EARTH EXPO COMPANY (India), Henan Changling Food Co. Ltd. (China), Believe in Bambara (United States), God’s Time FOB Leader Foods, African Flavour’s (South Africa), TH and NH Trading Pty Ltd (South Africa) and Amafu Stock Trading (South Africa) |
According to AMA, the market for Bambara Beans is expected to register a CAGR of 5.8% during the forecast period to 2028. This growth is primarily driven by Increase in demand for plant-based food products and High Adoption due to veganism, number of health-conscious consumers.
Globally, a noticeable market trend is evident Increasing demand due to focus to minimize the consumption of meat products
The Food Products sector in the North America 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 Princebrim Foods (United States), BUSH’S (United States), EARTH EXPO COMPANY (India), Henan Changling Food Co. Ltd. (China), Believe in Bambara (United States), God’s Time FOB Leader Foods, African Flavour’s (South Africa), TH and NH Trading Pty Ltd (South Africa) and Amafu Stock Trading (South Africa), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Key players involved in the cultivation of Bambara beans are increasingly focusing on addressing various challenges within the value chain to gain a competitive edge. Value chain improvements play a critical role in the diffusion and promotion of crops. In addition, a robust and effective value chain can play a vital role in boosting the presence of a particular crop in the market and enable the growers to attract consumers.
In May 2021, In parts of Africa, mainly sub-Saharan Africa, there is a growing need for subsistence agriculture for food security. As the uncertainty of climatic conditions affecting crops increases, agricultural organizations and policymakers are taking advantage of underutilized crops such as Bambara beans and assessing their potential for sustainable food security.
Influencing Trend:
Increasing demand due to focus to minimize the consumption of meat products and The number of upcoming and established brands is increasingly focusing on targeting the health-conscious audience
Market Growth Drivers:
Increase in demand for plant-based food products and High Adoption due to veganism, number of health-conscious consumers
Challenges:
Inadequate Transport
Restraints:
Lack of awareness from other regions than South Africa
Opportunities:
The increasingly being used for sustainable nutrition and food security purposes in several parts of the African continent and High Adoption of Bambara Beans in Rural Households across Sub-Saharan Region
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 in Bambara Beans Market
- Analysis about New Entrants in Bambara Beans Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Bambara Beans Study Sheds Light on
The Bambara Beans Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Bambara Beans industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Bambara Beans industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, 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.