The global edible beans market is expected in a report by Transparency Market Research (TMR) to display a rapid growth on the back of a rising number of health-conscious people. Titled “Edible Beans Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” the report predicts that convenience and grocery stores as key distribution channels could rank higher in terms of revenue share. These could be followed by the expected segment of supermarkets and hypermarkets. Analysts authoring the report have also mentioned specialty and online stores as segments by distribution channel.
With regard to type, the world edible beans market is anticipated to be classified into pinto, black, navy, and kidney beans. By source, there could be segments such as conventional and organic beans worth studying. Regionally, the market could see a segmentation into different segments, amongst which Asia Pacific is envisaged to secure a larger share in the coming years. Since North America has been witnessing the rising popularity of edible beans, it could well be recognized as a prominent region of the market. Readers of the report are also provided with important analysis on the Middle East and Africa, Europe, and Latin America.
Another trend that is projected to help North America to grow in prominence is the shift in preference from conventional to organic edible beans. Almost 45.0% of Americans prefer organic food, as per the findings of a study, which could be an evidence of the increasing consumer base of North America. Edible beans exhibit special properties such as anti-cancerous, antioxidant, anti-inflammatory, and anti-cholesterol. Besides these, they are studied to be rich in flavonoids. Thus, with the growing awareness about these versatile properties, the demand for edible beans is forecast to see a strong growth in the coming years.
Developed countries such as the U.S. and the U.K. have been testifying of a significant increase in the demand for food products that contain high protein and protein fiber content. And, since pinto beans are rich in protein, they are commonly consumed in the U.S. One of the vital factors anticipated to bolster the rise of the international edible beans market is the wealth of nutrients that the beans could provide, such as zinc, potassium, phosphorous, manganese, magnesium, iron, folate, and copper. Furthermore, edible beans are studied to help balance the body’s blood sugar level.
Market analysts have pointed out the increasing preference for healthy foods among consumers as a chief factor augmenting the growth of the international edible beans market. Developed economies such as the U.K., Germany, and the U.S. are experiencing an aggressive shift toward the consumption of packaged food. Moreover, they are witnessing increasing innovation in packaging technology. All of these factors could translate into improved demand for edible beans in the near future. Edible beans are not only consumed by humans but also animals, which could expand their consumption and further increase their demand.
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The world edible beans market include top players operating therein, such as The Kroger Co., Wild Oats Marketing, LLC, Eden Foods, Inc., Bush Brothers & Company, and Faribault Foods, Inc. The report offers a deep study of the competitive landscape so readers could gain knowledge about how leading companies are faring in the market. Additionally, the study is expected to help players to devise powerful strategies as they become aware of crucial scenarios, future projections, and other aspects beforehand.