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Global Fava Beans Market Size, Share, Growth, Forecast: By Application: Food, Feed, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Retailers, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Fava Beans Market Trends
Companies like The Good Bean have expanded their distribution network to include major retail chains and e-commerce platforms, making fava bean snacks more accessible to a wider consumer base. The convenience and accessibility offered by these distribution channels are making fava beans more readily available to consumers, contributing to the fava beans market growth.
Furthermore, research institutions like the International Center for Agricultural Research in the Dry Areas (ICARDA) are working on developing drought-tolerant fava bean varieties to enhance productivity in water-stressed regions. These advancements are leading to increased fava bean production and improved quality. Additionally, the increased demand for fava beans in the livestock industry, as a protein and starch rich animal feed solution is also expected to supplement the market growth in the forecast period.
Fava Beans Market Report Snapshots
Fava Beans Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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 (2018-2023)
8.3 Global Fava Beans Market Forecast (2024-2032)
8.4 Global Fava Beans Market by Application
8.4.1 Food
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Feed
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Convenience Stores
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Specialty Stores
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Online Retailers
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
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 (2018-2023)
9.1.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.2.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.3.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.4.2 Forecast Trend (2024-2032)
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 (2018-2023)
9.5.2 Forecast Trend (2024-2032)
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 Key Indicators for Demand
10.4 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 (2018-2023) and Forecast (2024-2032)
13.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
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 Key Figures and Tables
1. Global Fava Beans Market: Key Industry Highlights, 2018 and 2032
2. Global Fava Beans Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Fava Beans Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Fava Beans Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5. Global Fava Beans Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6. Global Fava Beans Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Fava Beans Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Fava Beans Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Fava Beans Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Fava Beans Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Fava Beans Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Fava Beans Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Fava Beans Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Fava Beans Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Fava Beans Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Fava Beans Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Fava Beans Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Major Importing Countries by Value
19. Major Exporting Countries by Value
20. Major Importing Countries by Volume
21. Major Exporting Countries by Volume
22. North America Historical Price Trends and Forecast 2018-2032
23. Europe Historical Price Trends and Forecast 2018-2032
24. Asia Pacific Historical Price Trends and Forecast 2018-2032
25. Latin America Historical Price Trends and Forecast 2018-2032
26. Middle East and Africa Historical Price Trends and Forecast 2018-2032
27. Global Fava Beans Market Structure
Key Questions Answered in the Report
The global fava beans market witnessed a growth at a CAGR of 1% in the historical period of 2018-2023.
The major drivers of the market include rising adoption of healthier eating habits, rising disposable incomes, growing middle class population, and the rising consumption of legumes.
Fava beans are the seeds of the broad-bean plant, also known as Vicia faba, and are commonly used as vegetables in various culinary dishes. They are rich in protein, fibre, and nutrients like folate, manganese, and iron.
Key trends aiding fava beans market expansion include the growing awareness about the high nutritional value of fava beans, the expansion of e-commerce channels, and the development of fava bean-based snacks.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Food and feed are the leading applications of the product.
Supermarkets and hypermarkets, convenience stores, speciality stores, and online retailers, among others, are the major distribution channels in the market.
Key players in the market are BroadGrain Commodities, AGT Food and Ingredients, Simpson Seeds Inc., and Archer Daniels Midland Company, among others.
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