Report ID: SQMIG30I2244
Report ID:
SQMIG30I2244 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
62 |
Figures:
65
The dehydrated dried beans market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Dehydrated Dried Beans Market Top Player's Company Profiles
Dehydrated Dried Beans Market
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REQUEST FREE CUSTOMIZATIONDehydrated Dried Beans Market size was valued at USD 6.4 billion in 2019 and it is expected to reach USD 8.72 billion by 2031, at a CAGR of 4.52% over a forecast period (2024-2031).
The dehydrated dried beans market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Dehydrates Inc.', 'Harmony House Foods Inc.', 'Silva International, Inc.', 'Garlico Industries Ltd', 'Hsdl Innovative Private Limited', 'BC Foods', 'Ruchi Foods LLP', 'Van Drunen Farms', 'Freeze-Dry Foods GmbH', 'Colin Ingredients'
The increasing adoption of vegan diets around the world is one of the major factors driving the dehydrated and dried beans market growth. Because foods derived from eggs and meats are known to be excellent sources of protein and are thus widely consumed and consuming only plant-based foods can result in a protein deficiency in the body. Dehydrated and dried beans could be a key differentiator for vegans because they can provide necessary nutrients to the body without compromising vegan principles. Furthermore, beans can help with the management of chronic conditions such as obesity and cardiovascular disease.
Food consumption habits are rapidly changing. The number of people following an animal-free diet had increased significantly, which is one of the major drivers for the dry bean industry. Dried beans have a high fibre and protein content, making them ideal for diabetics and those looking to reduce their meat consumption. Veganism has become increasingly popular in Europe and the United States, and it is spreading throughout the world. Furthermore, people are focusing on plant-based diets, which has resulted in increased consumption of dry beans. The negative impact of animal protein, which is associated with high cholesterol levels, fat, and calories, increases the risk of cardiac diseases, high blood sugar levels, and obesity, is a major reason why people are turning to vegan protein sources. As a result, increasing the adoption of plant-based protein due to consumer awareness of the benefits offered by a plant-based protein in the potential market is one of the major factors driving demand for dry beans
Asia Pacific is expected to account for a significant share of the market for dehydrated and dried beans. The increasing area under bean cultivation is expected to be a positive factor for market growth in the region. Myanmar, for example, is one of the world's largest producers and exporters of dry beans, as well as one of the largest exporters of dry beans. Furthermore, dehydrated bean products are widely available on various online retail stores, which is expected to increase dehydrated bean sales among processed food manufacturers.
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Report ID: SQMIG30I2244