Dry Beans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Dry Beans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:

The global dry beans market size reached US$ 6.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028. The increasing consumption of dry beans, easy product availability via online and offline channels and the growing popularity of vegan and vegetarian diets among the masses represent some of the key factors driving the market.

Dry beans are types of legumes that are harvested when they are fully mature and have dried out. They are an important staple food in many cultures around the world and have been consumed for thousands of years. They are a great source of protein, fiber, and complex carbohydrates and are also low in fat, cholesterol-free, and gluten-free, making them a healthy choice for individuals with a variety of dietary needs. Some of the popular types of cannellini, fava, fayot, lima, adzuki and chickpeas, which have a unique flavors and textures and can be cooked in a variety of ways. They are widely used in a variety of dishes, including soups, stews, chili, salads, and dips and can also be mashed and utilized as a substitute for meat in vegetarian and vegan recipes. In addition to being a nutritious food source, dry beans are also an environmentally friendly crop as they require less water and fertilizer to grow than other protein sources like meat, and they also help to improve soil health by fixing nitrogen in the soil.

Dry Beans Market Trends:

The global market is primarily driven by the growing consumption of dry beans among the masses. This can be attributed to the increasing awareness regarding the health benefits of dry beans among individuals. In addition to this, with an increasing focus on health and wellness, there has been a shift towards plant-based foods as a healthy source of protein and other essential nutrients, along with the growing popularity of vegan and vegetarian diets is also driving demand for dry beans across the globe. In line with this, the changing consumer preference for natural and minimally processed foods as a convenient food option is providing a boost to the sales of dry beans. Apart from this, easy product availability via online and offline organized distribution channels and the advent of home delivery models are creating a positive market outlook. Moreover, dry beans are a convenient food option since they can be stored for long periods without refrigeration and can be easily prepared by boiling or pressure-cooking, which makes them an attractive option for busy consumers looking for quick and healthy meal options, further impacting the market favorably. Other factors, including continual improvements in the agriculture industry and the widespread product demand across the food and beverage industry, are also positively influencing the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global dry beans market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on bean type, packaging type, distribution channel and end-use.

Bean Type Insights:

Pinto Beans
Black Beans
Navy Beans
Red Kidney Beans
Great Northern Beans
Others

The report has provided a detailed breakup and analysis of the dry beans market based on the bean type. This includes pinto beans, black beans, navy beans, red kidney beans, great northern beans and others. According to the report, pinto beans represented the largest segment.

Packaging Type Insights:

Plastic Bags
Cans
Jars
Others

A detailed breakup and analysis of the dry beans market based on the packaging type has also been provided in the report. This includes plastic bags, cans, jars and others. According to the report, the plastic bags exhibit a clear dominance in the market.

Distribution Channel Insights:

Supermarkets and Hypermarkets
Speciality Stores
Departmental Stores
Convenience Stores
Others

The report has provided a detailed breakup and analysis of the dry beans market based on the distribution channel. This includes supermarkets and hypermarkets, speciality stores, departmental stores, convenience stores and others. According to the report, supermarkets and hypermarkets presently account for the largest market share.

End-Use Insights:

Households
Restaurants and Hotels
Flour Industry
Others

A detailed breakup and analysis of the dry beans market based on the end-use has also been provided in the report. This includes households, restaurants and hotels, flour industry and others. According to the report, households accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Spain
Poland
Others
Asia Pacific
China
Japan
South Korea
India
Australia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Turkey
Saudi Arabia
United Arab Emirates
Israel
Others

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, the United Kingdom, France, Italy, Spain, Poland, and others); Asia Pacific (China, Japan, South Korea, India, Australia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa (Turkey, Saudi Arabia, United Arab Emirates, Israel, and others). According to the report, North America was the largest market for dry beans. Some of the factors driving the North America dry beans market included the growing health consciousness, continual improvements in the agriculture industry and the widespread product demand across the food and beverage industry, etc.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global Dry beans market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 21st Century Bean Processing LLC, Kelley Bean Co., Hayes Food Products Inc., Goya Food Inc., Colin Ingredients, Harmony House Foods, Inc., Eden Foods, Ruchi Foods LLP, Garlico Industries Ltd. (Garon Dehydrate Private Limited), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:
How has the global dry beans market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global dry beans market?
What is the impact of each driver, restraint, and opportunity on the global dry beans market?
What are the key regional markets?
Which countries represent the most attractive dry beans market?
What is the breakup of the market based on the bean type?
Which is the most attractive bean type in the dry beans market?
What is the breakup of the market based on the packaging type?
Which is the most attractive packaging type in the dry beans market?
What is the breakup of the market based on distribution channel?
Which is the most attractive distribution channel in the dry beans market?
What is the breakup of the market based on end-use?
Which is the most attractive end-use in the dry beans market?
What is the competitive structure of the global dry beans market?
Who are the key players/companies in the global dry beans market?