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Global Fava Beans Market: By Application: Food, Feed, Others; By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retailers, Others; Regional Analysis; Historical Market and Forecast (2016-2026); SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Fava Beans Market Outlook
Fava Beans, also known as broad beans or faba beans, are a member of the pea family and are one of the oldest known cultivated plants.
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Fava beans contain a high level of protein, usually between 20-40%, depending on the variety and the environmental conditions in which they are grown. During 2016-2020, the global fava beans production grew at a CAGR of around 1%. The market is currently being driven by its nutritional value as it is a good source of iron, magnesium, potassium, zinc, copper, selenium and many vitamins. This report by Expert Market Research entitled “Fava Beans Market Report and Forecast 2021-2026” provides a comprehensive analysis for anyone who plans to foray into the fava beans market.
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Historical market trends for the fava beans industry have been provided from 2016-2020 and forecasts have been presented till 2026. On a regional level, the report has segmented the global fava beans market into the following regions – South America, Asia-Pacific, Europe and the Middle East and Africa. Asia-Pacific currently represents the largest market with China being the leading producer, accounting for 36.7% of the global production in 2020. China is followed by Ethiopia, Australia and France. With regard to export and import of fava beans, Australia represents the top exporter while Egypt represents the top importer in 2018.
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The value chain analysis of fava beans has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analyzing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the fava beans industry has also been provided. Some of the key players in this market include: Oxbo International, Kangle County Jinzhong Agricultural Product Industry Development, Nassar Corporation, Orient Group, etc.
This report provides an exhaustive insight for setting-up and running a fava beans processing plant. Factors such as land requirement, construction requirement, raw material requirement, labor requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report
- What are the market trends for the global fava beans market?
- Which are the biggest markets (regions) for fava beans?
- Who are the key processors in the fava beans market?
- What are the land and construction requirements to start a fava beans manufacturing plant?
- What are the machinery requirements to start a fava beans processing plant?
- How are fava beans priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a fava beans processing plant?
- What are the running costs of a fava beans manufacturing plant?
- How much revenue can a fava beans manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the fava beans industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Fava Beans Market Analysis
8.1 Key Industry Highlights
8.2 Global Fava Beans Historical Market (2016-2020)
8.3 Global Fava Beans Market Forecast (2021-2026)
8.4 Global Fava Beans Market by Application
8.4.1 Food
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Feed
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Others
8.5 Global Fava Beans Market by Distribution Channel
8.5.1 Supermarkets and Hypermarkets
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Convenience Stores
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Specialty Stores
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Online Retailers
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Others
8.6 Global Fava Beans Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 BroadGrain Commodities Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 AGT Food and Ingredients
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Simpson Seeds Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Archer Daniels Midland Company
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Fava Beans Market: Key Industry Highlights, 2016 and 2026
2. Global Fava Beans Historical Market: Breakup by Application (USD Million), 2016-2020
3. Global Fava Beans Market Forecast: Breakup by Application (USD Million), 2021-2026
4. Global Fava Beans Historical Market: Breakup by Distribution Channel (USD Million), 2016-2020
5. Global Fava Beans Market Forecast: Breakup by Distribution Channel (USD Million), 2021-2026
6. Global Fava Beans Historical Market: Breakup by Region (USD Million), 2016-2020
7. Global Fava Beans Market Forecast: Breakup by Region (USD Million), 2021-2026
8. North America Fava Beans Historical Market: Breakup by Country (USD Million), 2016-2020
9. North America Fava Beans Market Forecast: Breakup by Country (USD Million), 2021-2026
10. Europe Fava Beans Historical Market: Breakup by Country (USD Million), 2016-2020
11. Europe Fava Beans Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Asia Pacific Fava Beans Historical Market: Breakup by Country (USD Million), 2016-2020
13. Asia Pacific Fava Beans Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Latin America Fava Beans Historical Market: Breakup by Country (USD Million), 2016-2020
15. Latin America Fava Beans Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Middle East and Africa Fava Beans Historical Market: Breakup by Country (USD Million), 2016-2020
17. Middle East and Africa Fava Beans Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Major Importing Countries by Value (2020)
19. Major Exporting Countries by Value (2020)
20. Major Importing Countries by Volume (2020)
21. Major Exporting Countries by Volume (2020)
22. North America Historical Price Trends and Forecast 2016-2026
23. Europe Historical Price Trends and Forecast 2016-2026
24. Asia Pacific Historical Price Trends and Forecast 2016-2026
25. Latin America Historical Price Trends and Forecast 2016-2026
26. Middle East and Africa Historical Price Trends and Forecast 2016-2026
27. Global Fava Beans Market Structure
Key Questions Answered in the Report
The global fava beans market is witnessed a growth at a CAGR of 1% in the historical period of 2016-2020.
The major industry drivers include rising adoption of healthier eating habits, rising disposable incomes, growing middle class population, and the rising consumption of legumes.
The growing awareness about the high nutritional value of fava beans is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for a significant share in the market.
Food and feed, among others, are the leading application segments of the product in the market.
Supermarkets and hypermarkets, convenience stores, speciality stores, and online retailers, among others, are the major distribution channels in the market.
The major players in the industry are BroadGrain Commodities, AGT Food and Ingredients, Simpson Seeds Inc., and Archer Daniels Midland Company, among others.
Analyst Review
The global fava beans market witnessed a growth at a CAGR of 1% in the historical period of 2016-2020. The major drivers of the industry, such as high nutritional value of the product including protein, iron, magnesium, potassium, zinc, copper, selenium, and many vitamins, coupled by the rising disposable income of people, are expected to aid the market growth.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on applications, the market can be segmented into food, feed, and others. By distribution channels, the market is divided into supermarkets and hypermarkets, convenience stores, speciality stores, online retailers, and others. The major regional markets for fava beans are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share in the market. The key players in the above market include BroadGrain Commodities, AGT Food and Ingredients, Simpson Seeds Inc., and Archer Daniels Midland Company, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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