Global Dry Beans Market to Reach US$ 9.9 Billion by 2032, Propelled by their Growing Health Consciousness

October 31, 2022 | Food & Beverages

The latest report by IMARC, titled “Dry Beans Market Report by Bean Type (Pinto Beans, Black Beans, Navy Beans, Red Kidney Beans, Great Northern Beans, and Others), Packaging Type (Plastic Bags, Cans, Jars, and Others), Distribution Channel (Supermarkets and Hypermarkets, Speciality Stores, Departmental Stores, Convenience Stores, and Others), End-Use (Households, Restaurants and Hotels, Flour Industry, and Others), and Region 2024-2032”, finds that the global dry beans market size reached US$ 7.0 Billion in 2023. Dry beans refer to plant legumes, containing red kidney beans, pinto beans, navy beans, great northern beans, and black beans. These beans are dried to preserve them for future use. They possess high protein, fiber, starch, proteins, vitamins, and minerals. Dry beans are available in sealed packages and pre-cooked state in cans. They provide numerous health benefits, such as weight loss, enhanced digestion, minimized blood sugar levels, low blood pressure, and boosted immunity. In recent years, dry beans have gained momentum as they are extensively consumed in restaurants, households, flour mills, and snacks-manufacturing industries.

Global Dry Beans Market Trends:

One of the primary factors driving the market is the economical price of dry beans. They also represent an inexpensive source of vitamins, protein, and minerals compared to other legumes. Additionally, the growing health consciousness and the rising prevalence of chronic lifestyle disorders are escalating the demand for gluten-free and vegan dry beans, thus creating a positive market outlook. Other than this, individuals are opting for a plant-based protein diet from meat-based food products, thereby positively influencing the market growth. Besides this, the widespread utilization of bean flour and the rapid development of the food processing industry represent another major growth-inducing factor. Moreover, there has been a growing preference for semi-cooked, frozen, and ready-to-eat dry bean cans and packets due to the hectic consumer lifestyles and their on-the-go-food consumption patterns. Looking forward, IMARC Group expects the market value to reach US$ 9.9 Billion by 2032, expanding at a CAGR of 3.8% during the forecast period (2024-2032).

Market Summary:

  • Based on the bean type, the market has been divided into pinto, black, navy, red kidney, great northern, and other beans.
  • On the basis of the packaging type, the market has been segmented into plastic bags, cans, jars, and others.
  • Based on the distribution channel, the market has been segregated into supermarkets and hypermarkets, specialty stores, departmental stores, convenience stores, and others.
  • On the basis of the end use, the market has been categorized into households, restaurants and hotels, flour industry, and others.
  • Region-wise, the market has been classified into 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 Middle East and Africa (Turkey, Saudi Arabia, the United Arab Emirates, Israel, and others).
  • The competitive landscape of the market has also been analyzed, with some of the key players being 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, and Garlico Industries Ltd. (Garon Dehydrate Private Limited).

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion, Million Tons
Segment Coverage Bean Type, Packaging Type, Distribution Channel, End-Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Poland, China, Japan, India, South Korea, Australia, Brazil, Mexico, Turkey, Saudi Arabia, United Arab Emirates, Israel
Companies Covered 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 and Garlico Industries Ltd. (Garon Dehydrate Private Limited)
Customization Scope 10% Free Customization
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Dry Beans Market to Reach US$ 9.9 Billion by 2032, Propelled by their Growing Health Consciousness
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