PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1446971
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1446971
According to Stratistics MRC, the Global Bean Pasta Market is accounted for $3.41 billion in 2023 and is expected to reach $6.69 billion by 2030 growing at a CAGR of 10.1% during the forecast period. Bean pasta is a type of pasta made from various legume flours, such as chickpeas, lentils, or black beans, instead of traditional wheat flour. It offers a nutritious alternative to traditional pasta, being naturally gluten-free and higher in protein and fiber. Bean pasta typically has a firmer texture and a slightly earthy flavour compared to wheat pasta, making it a versatile choice for various dishes. It's suitable for individuals with gluten intolerance or those seeking to incorporate more plant-based protein into their diet.
Rising demand for Gluten-Free and Plant-Based Alternatives
As awareness of dietary restrictions and health-conscious lifestyles rises, consumers are seeking alternatives to traditional wheat-based products. Bean pasta offers a compelling solution, being naturally gluten-free due to its composition primarily of legume flours such as chickpeas, lentils, or black beans. Moreover, with the growing popularity of plant-based diets, bean pasta presents an attractive option for individuals looking to incorporate more plant-based protein and fiber into their meals.
High cost
Bean pasta production often involves more expensive raw materials, processing methods, and quality control measures, resulting in a higher price point for consumers. Additionally, in a market where price plays a crucial role in purchasing decisions, bean pasta may face stiff competition from lower-priced alternatives, such as traditional pasta or other budget-friendly food products. As a result, high costs are a significant factor hampering market demand.
Diverse flavour profiles and textures
Bean pasta comes in a range of options, such as black bean, chickpea, lentil, and edamame pasta, each with its own distinct flavour profile and texture. This variety caters to consumers seeking novel dining experiences and allows them to experiment with different ingredients and recipes. This versatility enables consumers to incorporate bean pasta into a wide range of dishes, from traditional Italian recipes to fusion cuisines, thereby expanding its appeal across diverse culinary preferences and driving demand in the market.
Competition from traditional pasta
Traditional pasta holds a strong position in the market, benefiting from decades of brand recognition, culinary tradition, and widespread consumption habits. Additionally, traditional pasta typically offers a lower price point, making it more appealing to price-conscious consumers who may be reluctant to pay a premium for bean pasta. Consumers often have a deep-seated preference for the familiar taste and texture of traditional pasta, making it challenging for bean pasta to gain traction and market share.
Covid-19 Impact
The COVID-19 pandemic had a significant impact on the bean pasta market. Initially, the pandemic led to increased demand for shelf-stable and pantry items, including pasta, as consumers stocked up on essentials during lockdowns and quarantine measures. Additionally, the national blockade has led to cafeteria closings, restaurant closures, negatively disrupted the demand for bean pasta in the catering sector.
The chickpea pasta segment is expected to be the largest during the forecast period
The chickpea pasta segment is estimated to hold the largest share. Chickpea pasta is a popular variant within the bean pasta market, offering consumers a nutritious and versatile alternative to traditional wheat-based pasta. Moreover, chickpea pasta is particularly appealing to individuals following gluten-free, plant-based, or vegan diets, as it is naturally free from gluten and derived from plant sources. Its growing popularity reflects evolving consumer preferences towards healthier and more sustainable food choices.
The organic segment is expected to have the highest CAGR during the forecast period
The organic segment is anticipated to have lucrative growth during the forecast period. Consumers are increasingly drawn to organic bean pasta due to its perceived health benefits and minimal environmental impact. Moreover, organic bean pasta resonates with consumers who prioritize ethical and sustainable food production methods. As awareness of organic farming practices continues to rise, organic bean pasta is poised to capture a larger share of the market.
North America commanded the largest market share during the extrapolated period due to the rising demand for gluten-free and plant-based alternatives. In North America, there are a substantial number of health-conscious customers searching for wholesome and sustainable food options. Additionally, the number of vegans in the area is growing, which is raising demand for plant-based protein sources like bean paste. With these factors combined, North America presents a promising market for bean paste manufacturers and suppliers.
Asia Pacific is expected to witness profitable growth over the projection period. Rising awareness of dietary restrictions such as gluten intolerance or sensitivity has fuelled interest in gluten-free alternatives like bean pasta. The region's rapid urbanization and changing lifestyles have led to a shift towards convenience foods, driving demand for ready-to-cook and easy-to-prepare meal solutions like bean pasta. Moreover, the region's diverse culinary landscape presents opportunities for bean pasta manufacturers to introduce innovative flavors and textures tailored to local preferences.
Key players in the market
Some of the key players in the Bean Pasta Market include Gold Harbor, LIVIVA Foods, Pedon SpA, Harvest Innovations, The Only Bean, Banza, Tolerant Foods, Barilla Group, Bellabondonza, Jinan Mintian Flour Co., Ltd., POW! Pasta, Miracle Noodle, and Viveri Food.
In February 2022, Barilla launched a new range of bean-based gluten-free pasta called "Legume Pasta" in the United States. This pasta is made from a combination of red lentils, chickpeas, and green peas.
In April 2021, Banza expanded its Bean Pasta product line in the United States by introducing a new shape called "Wheels." This addition gives consumers more options to choose from in their Bean Pasta selection.
In June 2021, Explore Cuisine launched a new variety of bean-based pasta called "Elbow Macaroni" in the United States. This product is made from a blend of organic edamame and mung bean flour, providing a healthier alternative to traditional macaroni products.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.