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The latest report by IMARC Group, titled “Dry Beans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global dry beans market exhibited moderate growth during 2015-2020. Dry beans are legumes produced from the seeds of a plant pod, belonging to the diverse Fabaceae family, also known as Leguminosae. They are a rich source of carbohydrates, proteins, fibers, minerals, and vitamins with low-fat content. They are consumed as a staple food across the globe as they are known to promote gut health, weight maintenance and reduce the risk of cardiovascular diseases, cancer, and chronic lifestyle diseases. Dry beans also control sodium levels and are BPA-free, which prevents high blood pressure levels. In addition to this, they are also associated with environmental benefits, like improving soil fertility. As a result, dry beans are used across households, restaurants, flour mills, and snack manufacturing industries.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Dry Beans Market Trends:
The market is driven by the rapidly changing food consumption patterns across the globe. The growing awareness regarding the associated health benefits of a high-protein diet and the rising veganism trend have resulted in the shift toward gluten-free and plant-based products such as legumes. They are also ideal for reducing meat consumption as dry beans are high in fiber and proteins. Besides this, as they are easily accessible and affordable, they are increasingly utilized in various cuisines. Moreover, several leading market players are introducing organic beans, which do not contain preservatives, additives or chemicals. They are also introducing semi-cooked, frozen and ready-to-eat dry bean cans and packets due to the hectic lifestyles and inflating disposable income levels of individuals, which is positively influencing the market growth. Looking forward, the market value is expected to grow at a CAGR of around 5% during the forecast period (2021-2026).
Market Summary:
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