Black
beans are also known as turtle beans mostly popular in Latin America.
Black beans are named under their shiny dark black color. Black beans
powders are source of oxalate, flavonoids such as delphinidin,
petunidin, malvidin, Kaempferol and quercetin, hydroxycinnamic acids
including ferulic, sinapic, and chlorogenic acid, triterpenoid
phytonutrients and fatty acids.
Black
bean powder is a good source of molybdenum, folate and dietary fiber
coupled with other sources such as copper, manganese, phosphorus,
vitamins, proteins, magnesium etc. Black beans have health benefits
and considered as one of the world’s healthiest food. Black
bean powder
have health benefits such as prevention of cardiovascular disease,
reducing risk of certain types of cancer, improves digestive health,
regulates body’s blood sugar and others, which makes it a popular
legume in health conscious consumers. Black beans are available
throughout the year which in turn helps in continuous availability of
black bean powder, sufficing the consumers demand in global market.
Market
Segmentation: Black Bean
The
black bean market is segmented on the basis of its end-use as an
ingredient and packed foods. Black bean powder has its application in
food industry as in soups, sauces or marinades, dressings, dips,
seasonings, snacks, appetizers, entrees etc. Industries manufacturing
sausages and other condiments use black bean powder as one of the
ingredient to enhance the taste of the product and make the product
healthy for consumers. Use of black bean powder in preparing deserts
such as brownies and smoothie is increasing. Black bean powder is
also available in packed products which is distributed through retail
chain for household consumption.
The
black bean powder is segmented on the basis of nature as organic and
conventional. Consumption of organic black bean powder is increasing
as a result of increasing awareness of health benefit of organic
products. Global demand for the organic black bean powder is
increasing in bodybuilders and gym instructors as it is an excellent
source of proteins.
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The
black bean market is segmented on the basis of regions as North
America, Latin America, Europe, APAC and ME.
Global
Black Bean Market: Regional Outlook
Depending
on geographic regions global Black Bean Powder market is segmented
into five key regions: North America, Latin America, Europe, APAC and
ME. India and Brazil are the largest producers of black beans
commercially in global market, which acquires maximum market of total
black bean powder market globally. China produces largest volume of
green, non-dried form of black beans. Central America, Latin America,
Mexico, Indonesia, and the U.S. are emerging markets in black bean
production. Black beans consumed on daily basis in Mexico, Brazil,
Cuba, Guatemala and the Dominican Republic in their cuisines.
Global
Black Bean Market: Drivers and Trends
The
black bean market is primarily driven by health conscious consumer as
black bean powder have different health benefits such as prevention
of cardiovascular disease, reducing risk of certain types of cancer,
improves digestive health, regulates body’s blood sugar and others.
Increasing awareness of healthy diet in consumers. Trend of
increasing demand of sweet products for different occasion is
increasing which is increasing demand for organic black bean powder
as it is one of the ingredient used in the production of deserts.
Increasing consumption of health drinks or protein shakes is trending
in youths which is one of the key driver for increasing black bean
powder demand.
Global
Black Bean Powder: Key Players
Some
of the key players identified across the value chain of the global
Black Bean Powder market include Nikken Foods, Xi’an Sost
Biological Science & Technology Co. Ltd., Bob’s Red Mill
Natural Foods, Damin Foodstuff (Zhangzhou) Co. Ltd., GreenMax S&F,
Ottogi Co, Ltd., Green Image Organic Sdn. Bhd. are amongst.
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