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Dry Beans Market Size, Status, Growing Demand and Precise Outlook Forecast 2022-2027

03-02-2022 12:08 PM CET | Associations & Organizations

Press release from: Market Insights Reports

The Dry Beans  market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Dry Beans market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Dry Beans industry and provides data for making strategies to increase market growth and effectiveness.

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The global dry bean market is estimated to register a CAGR of 4.2% during the forecast period 2022-2027.

Market Overview

Myanmar is the world's leading producer of dry beans, accounting for nearly 19.3 % of the total output. Dry beans production declined in the year 2017, because of unfavorable weather conditions and uneven rainfall in the producing countries. The production of dry beans is majorly affected by several factors, such as environmental hazards, bio stress, and government policies of the country. Beans are subject to several bacterial and viral diseases as well, particularly in years of high temperature, high humidity, and heavy rainfall. These unfavorable climatic conditions, along with diseases and pest infestation, often take a heavy toll on the yield of dry beans. Top global dry bean producers are Myanmar, India, Brazil, China, Mexico, Tanzania, the United States, Kenya, Uganda, and Rwanda. Major importers are generally India, China, Bangladesh, the United States, and Egypt.

Food consumption patterns are changing rapidly. As of 2018, the number of people following the animal-free diet has significantly increased, which is one of the major drivers for the dry beans industry. Dried beans have a high content of fibers and proteins, which makes it ideal for people with diabetes, as well as for people who want to reduce their meat consumption. For the past few years, there has been an increasing trend of veganism in Europe and the United States, which is spreading across the world. Moreover, people are focused on plant-based diets, which has been the reason for the higher consumption of dry beans. The intake of animal protein, which is associated with high cholesterol levels, fat, and calories, increases the risk of cardiac diseases, high blood sugar levels, and obesity. Hence, people are showing an inclination toward vegan sources of protein. In conclusion, increasing the adoption of plant-based protein, owing to the awareness among consumers in the potential market about the benefits offered by a plant-based protein, is one of the major factors spurring the demand for dry beans across the world.

Market Segmented By Types

Market Segmented By Applications

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Dry Beans Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Dry Beans market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Dry Beans market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Dry Beans

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In conclusion, the Dry Beans market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Dry Beans Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization- The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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