Canned Beans Market Research Future Insights:
The Global Canned Beans Market is estimated to be worth USD 890 million by 2030, registering a 4.2% CAGR during the forecast period (2020- 2027).
Canned beans refer to pulses blanched and preserved in sealed cans. These beans consist of various types like Lima beans, Chickpeas, Navy Beans, Kidney Beans, Pinto Beans, etc. They are a great source of protein, folates, vitamins, iron, and other necessary nutrients. They are handy ingredients that are applied in a variety of dishes. Also, they are comparatively cheap and store well in the cellar. Canned beans are the essence of a pantry staple since they are much handy and flexible. They work well with many other foods, such as vegetables, rice, meat, and fish. They are dependable, low-priced, and non-perishable. After being blanched, canned beans are sealed in cans with water, salt, and a few other additions that aid the beans to maintain their color and texture. They are cooked at a high temperature under steam pressure. Canned beans are the most favored choice for making instant dishes containing beans. They are pre-soaked and need less cooking time. Moreover, various companies are launching innovative products like beans with tomato sauce, baked beans, etc which is boosting its popularity.
The market for canned beans is being herded by rising health concerns, a boosting desire for healthier foods, and accessibility. Another element surging the market’s expansion is the growth in the number of people who are working and their preference for ready-made or quick meals. Culturing consumer awareness of the benefits of canned food items and increasing personal disposable income is a couple of other key drivers of the market’s expansion.
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Regional Analysis
The Global Canned Beans Market is divided into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Europe leads the Global canned beans market. High embracement for canned food including canned beans due to its rich nutritional profile and expanded shelf life generates huge demand. The market growth is also assisted by the high disposable income of people and the demand for quality products.
Asia-Pacific is a rapidly growing regional market. A huge inclination towards a vegan and vegetarian diet in this region is nourishing the demand for canned beans.
The North American market also holds a significant share of the worldwide market. The surging dependence on packaged food products is likely to generate massive demand for canned beans in this region. The Middle East and the African market are expected to grow at a moderate rate over the forecast period.
Market Segmentation
The Global Canned Beans Market is segmented into the following types;
By Type
By Category
By Distribution Channel
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Key Players
The Global Canned Beans Market’s prominent key players are The H. J. Heinz Company (US), Grandma Brown’s Beans Inc. (US), Bush Brothers & Company (US), B&G Foods Inc. (US), ConAgra Foods Inc. (US), Del Monte Foods (US), American Garden (US), Windmill Organics Limited (UK), Bonduelle (France) and Epicure (UK).
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