Sa. Mai 11th, 2024

The global dry beans market grows rapidly due to increasing demand for plant-based foods and awareness of their health benefits.

TechSci Research’s report, “Dry Beans Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029,” the market reached USD 7.25 billion in 2023 and is projected to grow at a CAGR of 4.42% from 2025 to 2029. It’s a vital sector within the agricultural and food industry, involving production, trade, and consumption of various dried bean varieties like kidney, black, and pinto beans. Dry beans are valued for their protein, versatility, and long shelf life, making them dietary staples. Major drivers include rising demand for plant-based proteins and sustainable agriculture, despite challenges like climate change and trade barriers. Diverse culinary uses and health and wellness trends further shape the market, driving its steady growth.

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Key drivers fuel the global dry beans market’s growth. One significant driver is the rising demand for plant-based proteins, as health-conscious consumers seek alternatives to meat. Dry beans, offering a nutritious protein source, cater to vegetarians, vegans, and those reducing meat intake globally, driven by environmental awareness and health benefits.

The increasing population of vegans and vegetarians further boosts the market, especially in regions like North America and Europe. Dry beans meet their protein needs amidst a global trend towards healthier, sustainable diets.

Sustainability is crucial, with dry beans recognized for their eco-friendly farming practices. Their ability to fix nitrogen reduces synthetic fertilizer needs, appealing to environmentally conscious consumers. Farmers’ adoption of dry beans in crop rotations improves soil health, aligning with consumers’ preferences for environmentally responsible products.

Responsible sourcing also drives market growth, with certifications like Fair Trade and organic meeting consumers’ demands for socially and environmentally conscious products.

Moreover, culinary diversity and global cuisine appreciation contribute to dry bean consumption. Used in various dishes worldwide, dry beans feature prominently in traditional and international cuisines, bolstered by fast-casual and street food restaurant popularity. Convenient options like canned beans enhance accessibility and market expansion.

However, challenges exist, notably climate change’s threat to production. Dry beans are sensitive to environmental conditions, with climate fluctuations affecting yields and quality, posing risks to food security.

The market segments include product type, packaging, end use, sales channel, regional distribution, and company. Canned dry beans emerge as a growing segment, meeting consumers’ convenience and longer shelf-life needs, expected to expand further due to rising demand.

Major companies operating in Global Dry Beans Market are:

  • 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)
  • Grupo Industrial Maseca

 

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“The global dry beans market, a significant sector in agriculture and food, centers on the production, trade, and consumption of dried bean varieties like kidney beans and black beans. Dry beans are valued for their protein content and versatility, serving as a staple in diets worldwide. Key drivers include the rise in demand for plant-based proteins and sustainability practices. Challenges include climate change effects and trade barriers. Additionally, diverse culinary uses and a focus on health and wellness trends contribute to market growth, fostering opportunities for innovation and industry expansion.” – Mr. Karan Chechi, Research Director at TechSci Research.

The report, “Dry Beans Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Pinto Beans, Black Beans, Navy Beans, Red Kidney Beans, Great Northern Beans, Others), By Packaging Type (Plastic Bags, Cans, Jars, Others), By End Use (Households, Restaurants & Hotels, Others), By Sales Channel (Departmental Stores, Supermarkets/Hypermarkets, Convenience Stores, Online, Others), By Region, By Competition, 2019-2029,” assesses the future growth potential of the Global Dry Beans Market, offering statistics, structure, and insights. The report aims to provide advanced market intelligence, aiding decision-makers in making informed investment decisions. Additionally, it identifies and analyzes emerging trends, drivers, challenges, and opportunities in the Global Dry Beans Market.

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