Global Canned Legumes Market is valued at approximately USD 3.06 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 3.9% over the forecast period 2024-2032. The market's expansion is fueled by several key factors, including increasing consumer demand for convenient and nutritious food options, rising popularity of plant-based diets, and the growing adoption of legumes as a source of protein. Canned legumes offer convenience with their long shelf life, easy availability, and quick preparation, making them an essential component of modern, busy lifestyles. Moreover, the rising trend of vegan and flexitarian diets is amplifying the demand for canned legumes as a staple protein source, complementing various cuisines globally.
The market is witnessing innovation in sustainable packaging and organic sourcing, driven by increasing consumer preference for environmentally friendly products. Major players are actively integrating sustainable practices into their operations, such as utilizing BPA-free cans and promoting farm-to-can processes. Governments worldwide are encouraging the consumption of canned legumes to enhance food security and nutritional well-being, with initiatives that support affordability and accessibility for lower-income groups. However, challenges like the increasing cost of raw materials and supply chain disruptions could hinder the market's growth to some extent.
The Asia Pacific region is the leading market for canned legumes, driven by their integral role in regional diets, combined with the rising prevalence of online grocery shopping and fast delivery systems. Meanwhile, North America is projected to exhibit the fastest growth during the forecast period, with a surge in health-conscious consumers favoring canned legumes as a convenient and nutritious option.
Major market players included in this report are:
- The Kraft Heinz Company
- Goya Foods, Inc.
- Bush Brothers & Company
- Faribault Foods, Inc.
- Conagra Brands
- KYKNOS
- Fujian Chenggong Fruits & Vegetables Food Co. Ltd.
- SATKO
- Del Monte Food, Inc.
- Co-op Food
- Teasdale Latin Foods
- Eden Foods
- Bonduelle Group
- Ceres Organics
- Freshona
The detailed segments and sub-segment of the market are explained below:
By Product:
- Beans
- Peas
- Chickpeas
- Others
By Distribution Channel:
By Region:
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- Latin America
- Middle East & Africa
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- The global canned legumes market is projected to grow from 2022 to 2032,
- Asia Pacific held the largest market share in 2023, owing to high demand for legumes in traditional cuisines and the rise of online grocery platforms.
- The beans segment accounted for the largest product share in 2023, driven by their versatility, nutritional value, and popularity in diverse global cuisines.
- Online distribution channels are expected to exhibit the fastest growth, propelled by the increasing adoption of e-commerce platforms and quick delivery services.
- Sustainable farming practices, BPA-free packaging, and government-led nutrition programs are key factors shaping the market dynamics.
Table of Contents
Chapter 1. Global Canned Legumes Market Executive Summary
- 1.1. Global Canned Legumes Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Distribution Channel
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Canned Legumes Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Canned Legumes Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Growing demand for convenient and nutritious food options
- 3.1.2. Rising popularity of plant-based and flexitarian diets
- 3.1.3. Increased awareness about BPA-free packaging and sustainability
- 3.2. Market Challenges
- 3.2.1. High raw material and packaging costs
- 3.2.2. Supply chain disruptions affecting availability
- 3.3. Market Opportunities
- 3.3.1. Expansion of online grocery channels
- 3.3.2. Innovations in sustainable farming and packaging
Chapter 4. Global Canned Legumes Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Canned Legumes Market Size & Forecasts by Product (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Revenue Trend Analysis (USD Billion)
- 5.2.1. Beans
- 5.2.2. Peas
- 5.2.3. Chickpeas
- 5.2.4. Others
Chapter 6. Global Canned Legumes Market Size & Forecasts by Distribution Channel (2022-2032)
- 6.1. Segment Dashboard
- 6.2. Revenue Trend Analysis (USD Billion)
- 6.2.1. Offline
- 6.2.2. Online
Chapter 7. Global Canned Legumes Market Size & Forecasts by Region (2022-2032)
- 7.1. North America
- 7.1.1. U.S.
- 7.1.2. Canada
- 7.1.3. Mexico
- 7.2. Europe
- 7.2.1. UK
- 7.2.2. Germany
- 7.2.3. France
- 7.2.4. Italy
- 7.2.5. Spain
- 7.3. Asia-Pacific
- 7.3.1. China
- 7.3.2. India
- 7.3.3. Japan
- 7.3.4. Australia & New Zealand
- 7.4. Latin America
- 7.4.1. Brazil
- 7.4.2. Argentina
- 7.5. Middle East & Africa
- 7.5.1. South Africa
- 7.5.2. UAE
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. The Kraft Heinz Company
- 8.1.2. Goya Foods, Inc.
- 8.1.3. Del Monte Food, Inc.
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. The Kraft Heinz Company
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Goya Foods, Inc.
- 8.3.3. Bush Brothers & Company
- 8.3.4. Faribault Foods, Inc.
- 8.3.5. Conagra Brands
- 8.3.6. KYKNOS
- 8.3.7. Fujian Chenggong Fruits & Vegetables Food Co. Ltd.
- 8.3.8. SATKO
- 8.3.9. Del Monte Food, Inc.
- 8.3.10. Co-op Food
- 8.3.11. Teasdale Latin Foods
- 8.3.12. Eden Foods
- 8.3.13. Bonduelle Group
- 8.3.14. Ceres Organics
- 8.3.15. Freshona
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes