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.
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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.
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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.
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.
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