Edible Bean Market Report: Trends, Forecast and Competitive Analysis to 2030

Edible Bean Trends and Forecast

The future of the global edible bean market looks promising with opportunities in the household and restaurant markets. The global edible bean market is expected to reach an estimated $19.6 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing consumer preference towards healthy foods and growing demand for products with high protein and protein fiber content.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Edible Bean by Segment

The study includes a forecast for the global edible bean by product type, distribution channel, application, and region.

Edible Bean Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Pinto Bean
• Navy Bean
• Great Northern Bean
• Red Kidney Bean
• Black Bean
• Yellow Bean
• Others

Edible Bean Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Supermarket/Hypermarket
• Online Store
• Specialty Store
• Others

Edible Bean Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Household
• Restaurant
• Others

Edible Bean Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Edible Bean Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies edible bean companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the edible bean companies profiled in this report include-

• ADM
• Star of the West Milling
• Central Valley Bean
• Northarvest Bean
• Chippewa Valley Bean
• Michigan Bean Commission
• Mountain High Organic
• Treasure Valley Seed
• Kirsten
• Bonita Bean

Edible Bean Market Insights

Lucintel forecasts that pinto bean will remain the largest segment over the forecast period due to their taste, affordability, richness in nutrients, and ease of preparation.

Within this market, household will remain the larger segment due to the high intake of a nutrient-dense diet among families.

APAC is expected to witness highest growth over the forecast period due to growing exportation of agricultural products and existence of major consumer base in the region.

Features of the Global Edible Bean Market

Market Size Estimates: Edible bean market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Edible bean market size by product type, distribution channel, application, and region in terms of value ($B).

Regional Analysis: Edible bean market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, distribution channels, applications, and regions for the edible bean market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the edible bean market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the edible bean market size?

Answer: The global edible bean market is expected to reach an estimated $19.6 billion by 2030.

Q2. What is the growth forecast for edible bean market?

Answer: The global edible bean market is expected to grow with a CAGR of 4.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the edible bean market?

Answer: The major drivers for this market are increasing consumer preference towards healthy foods and growing demand for products with high protein and protein fiber content.

Q4. What are the major segments for edible bean market?

Answer: The future of the edible bean market looks promising with opportunities in the household and restaurant markets.

Q5. Who are the key edible bean market companies?

Answer: Some of the key edible bean companies are as follows:

• ADM
• Star of the West Milling
• Central Valley Bean
• Northarvest Bean
• Chippewa Valley Bean
• Michigan Bean Commission
• Mountain High Organic
• Treasure Valley Seed
• Kirsten
• Bonita Bean

Q6. Which edible bean market segment will be the largest in future?

Answer: Lucintel forecasts that pinto bean will remain the largest segment over the forecast period due to their taste, affordability, richness in nutrients, and ease of preparation.

Q7. In edible bean market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing exportation of agricultural products and existence of major consumer base in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the edible bean market by product type (pinto bean, navy bean, great northern bean, red kidney bean, black bean, yellow bean, and others), distribution channel (supermarket/hypermarket, online store, specialty store, and others), application (household, restaurant, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?