Global Dried Beans Market to Grow at a CAGR of 5.0% During 2024-2032, Aided by the Increasing Demand for Nutritionally Rich Food Sources

The global dried beans market growth is driven by the increasing demand for nutritionally rich food choices that serve as an excellent source of protein, minerals, and vitamins, among other nutrients. This is further supported by the increasing populations of vegetarians and vegans that demand plant-based and sustainable foods. Beans, the seeds of legume plants in the Fabaceae family, constitute a vital component of vegetarian diets due to their rich content of protein, carbohydrates, fiber, minerals, vitamins, and other essential nutrients. Dried beans are lightweight and convenient for transportation, making them an ideal staple for preparing homemade meals in the kitchen.

Table: United States Area Harvested vs Production of Dry Beans, 2019-2022

Further, the increasing demand for convenience foods is driving the growth of ready-to-eat and easy-to-prepare dried bean products, catering to busy lifestyles while maintaining a focus on health and quality.

A pivotal driver in the market growth is the escalating emphasis on health and wellness, as consumers actively seek out nutritious dietary choices. Dried beans, recognised for their substantial protein and fiber content, are widely being adopted as they serve as a healthy substitute for meat and other protein sources.

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Market Breakup by Bean Types, Packaging Type, Distribution Channels, End Use, and Region:

• The market is segmented based on bean type into dried mung beans, dried chickpeas, and dried azuki beans, among others.

• Based on packaging type, the market can be divided into plastic bags, cans, and jars, among others.

• On the basis of distribution channel, the market is categorised into supermarkets and hypermarkets, convenience stores, and online, among others.

• The market on the basis of end use is divided into households and HoReCa, among others.

• By region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East And Africa.

Key Findings of the Report:

• The dried beans market is experiencing growth propelled by several influential factors including heightened health consciousness, increased demand for healthy and convenient food options, and the growing adoption of vegan lifestyles.

• The market is expected to benefit from a stronger focus on sustainable farming practices and the growth of the agricultural sector.

• The growing adoption of plant-based diets, particularly vegetarian and vegan lifestyles, is driving increased consumption of dried beans as a versatile and protein-rich substitute for meat.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for dried beans for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the bean types, packaging type, distribution channel, end use, and region of the dried beans market.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global dried beans market are AGT Food and Ingredients, BroadGrain Commodities, Inc., The Wimmera Grain Store, and Hayes Food Products Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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