Canned Legumes Market to Grow with a CAGR of 4.8% Globally through 2028
Growing demand for convenience and ready-to-eat food
options are factors driving the global canned legumes market in the forecast
period 2024-2028.
According to
TechSci Research report, “Global Canned Legumes Market - Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028”, the global
Canned Legumes market stood at USD3.65 billion in 2022 and is anticipated to
grow with a CAGR of 4.8% in the forecast period, 2024-2028. Global canned
legumes, encompassing a variety of beans, lentils, and chickpeas, constitute a
thriving segment of the global food industry. These legumes, harvested at their
nutritional peak, are cooked and sealed in airtight cans, preserving their
flavor, texture, and nutritional value. Several factors contribute to the
prominence of canned legumes in the global market.
Health-conscious
consumers seek these nutrient-rich, plant-based protein sources as they are low
in fat, cholesterol-free, and high in dietary fiber, vitamins, and minerals.
Canned legumes align with the growing preference for nutritious, convenient
meal options. Similarly, their versatility makes them indispensable in diverse
international cuisines, including Mediterranean, Mexican, and Middle Eastern
dishes, driving their global appeal.
Additionally,
sustainability concerns have prompted eco-friendly packaging and sourcing
practices, reflecting consumers' desire for environmentally responsible
choices. Furthermore, innovative products and the convenience of online
shopping further boost the growth of canned legumes, making them a staple in
households worldwide. In summary, canned legumes continue to thrive as a
convenient, nutritious, and sustainable choice in the global food landscape.
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"Global Canned Legumes Market”
Canned legumes
have gained recognition as nutritional powerhouses. These legumes are typically
harvested at their peak ripeness and processed promptly, locking in essential
nutrients. They are a rich source of plant-based protein, dietary fiber,
vitamins (such as folate and B vitamins), and essential minerals (including
iron, potassium, and magnesium). What makes canned legumes particularly
appealing is their low-fat content and cholesterol-free nature, making them an
excellent choice for individuals pursuing a healthy diet. Moreover, they are naturally
gluten-free, accommodating dietary restrictions and preferences. With a
convenient source of these vital nutrients, canned legumes have become a staple
for those striving for balanced nutrition.
Moreover, the
global canned legumes market continues to evolve through innovation and
diversification. Manufacturers are introducing new flavors, product lines, and
packaging options to cater to a wide array of consumer preferences. In recent
years, there has been a growing emphasis on product differentiation, with
companies promoting attributes such as organic, non-GMO, and low-sodium
options.
Innovative
products like seasoned legume blends and ready-to-eat legume-based meals have
gained traction, addressing the needs of consumers looking for convenience
without sacrificing nutrition. The adoption of eco-friendly packaging materials
and portion-controlled packaging formats further demonstrates the industry's
commitment to staying ahead of consumer trends and preferences.
Strategic
partnerships with foodservice providers and retailers have expanded the reach
of canned legume manufacturers, making their products more accessible to
consumers. Collaborations with culinary influencers and chefs have also played
a role in promoting creative and appealing recipes using canned legumes, making
them more attractive to consumers seeking diverse and flavorful meal options.
The global canned
legumes market is segmented into product, category, distribution channel,
regional distribution, and company.
Based on product
the market is divided into beans, peas, chickpeas, and others.
Based on category
the market is divided into conventional and organic.
Organic canned
legumes are experiencing a surge in demand in the global market. As consumers increasingly
prioritize health and environmental sustainability, they seek out organic
options. Organic canned legumes are cultivated without synthetic pesticides,
herbicides, or genetically modified organisms (GMOs). They are also typically
grown using environmentally friendly practices that promote soil health and
reduce the carbon footprint. This aligns with the preferences of eco-conscious
consumers who value both the nutritional benefits of legumes and the assurance
that their food choices are free from harmful chemicals. The growing demand for
organic canned legumes underscores the shift towards healthier, more
sustainable food options.
Based on distribution
channel the market is divided into online, offline
Based on region the market is segmented
into five regions Asia Pacific, North America, Europe, Middle East &
Africa, and South America.
Major companies
operating in Global Canned Legumes Market are:
- The
Kraft Heinz Company
- Faribault
Foods, Inc.
- Bush
Brothers & Company
- Conagra
Brands
- Goya
Foods, Inc.
- Del
Monte Food, Inc,
- Dole
Food Company, Inc.
- RFG
Foods.
- Bonduelle,
B&G Foods, Inc.
- Tropicana
Products, Inc.
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“Global canned legumes,
including beans, lentils, and chickpeas, are witnessing a surge in popularity
driven by key trends. Health-conscious consumers are turning to these
nutrient-rich, plant-based protein sources. Sustainability concerns are
influencing eco-friendly packaging and sourcing practices. Canned legumes'
versatility in global cuisines, coupled with the rise of plant-based diets, has
propelled their use. Additionally, innovative products and convenient packaging
cater to modern, busy lifestyles. Online sales are emerging as a rapidly
growing distribution channel, making canned legumes accessible to a broader
audience. Europe dominates the market, thanks to cultural ties and evolving
dietary preferences. Overall, canned legumes continue to thrive as a convenient,
nutritious, and sustainable choice in the global food landscape.,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Canned Legumes Market – Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Beans,
Peas, Chickpeas, and Others), By Category (Conventional and Organic), By
Distribution Channel (Online, Offline), By Region, Competition”, has
evaluated the future growth potential of global canned legumes market and provides
statistics & information on market size, structure and future market
growth. the report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global canned legumes market.
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