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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?
For any questions related to Edible Bean Market, Edible Bean Market Size, Edible Bean Market Growth, Edible Bean Market Analysis, Edible Bean Market Report, Edible Bean Market Share, Edible Bean Market Trends, Edible Bean Market Forecast, Edible Bean Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Edible Bean Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Edible Bean Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Edible Bean Market by Product Type
3.3.1: Pinto Bean
3.3.2: Navy Bean
3.3.3: Great Northern Bean
3.3.4: Red Kidney Bean
3.3.5: Black Bean
3.3.6: Yellow Bean
3.3.7: Others
3.4: Global Edible Bean Market by Distribution Channel
3.4.1: Supermarket/Hypermarket
3.4.2: Online Store
3.4.3: Specialty Store
3.4.4: Others
3.5: Global Edible Bean Market by Application
3.5.1: Household
3.5.2: Restaurant
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Edible Bean Market by Region
4.2: North American Edible Bean Market
4.2.2: North American Edible Bean Market by Application: Household, Restaurant, and Others
4.3: European Edible Bean Market
4.3.1: European Edible Bean Market by Product Type: Pinto Bean, Navy Bean, Great Northern Bean, Red Kidney Bean, Black Bean, Yellow Bean, and Others
4.3.2: European Edible Bean Market by Application: Household, Restaurant, and Others
4.4: APAC Edible Bean Market
4.4.1: APAC Edible Bean Market by Product Type: Pinto Bean, Navy Bean, Great Northern Bean, Red Kidney Bean, Black Bean, Yellow Bean, and Others
4.4.2: APAC Edible Bean Market by Application: Household, Restaurant, and Others
4.5: ROW Edible Bean Market
4.5.1: ROW Edible Bean Market by Product Type: Pinto Bean, Navy Bean, Great Northern Bean, Red Kidney Bean, Black Bean, Yellow Bean, and Others
4.5.2: ROW Edible Bean Market by Application: Household, Restaurant, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Edible Bean Market by Product Type
6.1.2: Growth Opportunities for the Global Edible Bean Market by Distribution Channel
6.1.3: Growth Opportunities for the Global Edible Bean Market by Application
6.1.4: Growth Opportunities for the Global Edible Bean Market by Region
6.2: Emerging Trends in the Global Edible Bean Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Edible Bean Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Edible Bean Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ADM
7.2: Star of the West Milling
7.3: Central Valley Bean
7.4: Northarvest Bean
7.5: Chippewa Valley Bean
7.6: Michigan Bean Commission
7.7: Mountain High Organic
7.8: Treasure Valley Seed
7.9: Kirsten
7.10: Bonita Bean
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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