US Packaged Dry Beans Market Key Players, Growth with Game-Changing Strategies

Introducing the Most Recent Research Report [2023-2032] on the US Packaged Dry Beans Market: Size, Emerging Trends, Market Share, Remarkable Growth, Segmentation, Comprehensive Analysis, and Forward-Looking Projections for 2032. This report presents an in-depth examination of the critical drivers propelling global market sales. Within its 120 pages, the report delivers a comprehensive evaluation of the industry's current status, encompassing aspects such as market size, market share, anticipated trends, growth rate, distribution channels, and more.

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The US packaged dry beans market is anticipated to expand at a CAGR of 8.8% during the 2019-2024 period, and will reach a value of USD 939.2 Million by 2024, from USD 616.0 Million in 2019.

Beans which are re-conditioned and packed into containers (such as plastic bags) for the retail market are known as dry packaged beans. Increasing health consciousness, a growing Hispanic population, easy storage of dry beans, and longer shelf life are some of the factors that will aid the growth of the market. Variants like pinto beans, navy beans, black beans, and kidney beans are used in dishes like soups, stews, sauces, and salads, and are often paired with rice.

Segmentation based on product type

Based on product type, the pinto beans segment held a market share of more than half in 2018, and is anticipated to expand at a CAGR of 2.6% during the 2019-2024 period. A growing Hispanic population, which consumes more than half of the total pinto beans in the market, makes up for a significant portion of the demand for this segment. It was followed by the black beans segment, with a market share of around 24% in 2018, owing to its increasing popularity among Mexican food consumers in the US. During the 2019-2024 period, the navy beans segment is expected to have the highest CAGR (~19%), owing to its popularity among the White population.

Segmentation based on distribution channel

Based on the distribution channel, the supermarkets segment accounted for the highest market share (~69%) in 2018. Supermarkets house several brands and different types of packaged dry beans for consumers to choose from. The convenience stores segment is expected to expand at a CAGR of more than 10%. These type of stores are in the vicinity of residential areas and are open for a greater part of the day. This gives consumers the flexibility to buy packaged dry beans from their nearby stores, whenever they are free to do so. It is anticipated that the department stores segment will experience a moderate growth rate of over 6% during the 2019-2024 period, and will reach a value of USD 186.18 Mn by 2024. The consolidation of department stores, growing online and e-commerce channels, and the introduction of small shops in the U.S. are expected to contribute to this modest growth rate.

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Companies covered

Eden Foods
Chippewa Valley Beans
21st Century Bean
Goya Foods
LH Hayward
N.K. Hurst Co.
Kelly Bean Co.
Hayes Food Products
Russel E. Womack, Inc.
Bobs Red Mill Natural Foods

The comprehensive report delves into market opportunities, CAGR growth rates, competition, technological innovations, analysis of market players, government regulations, and export-import trends across regions and countries, including:

North America (U.S. & Canada)

Latin America (Brazil, Mexico, Argentina, Rest of Latin America)

Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Nordic countries, Ireland, Switzerland, Austria, Poland, Turkey, Russia, and the rest of Europe)

Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, and the rest of Asia-Pacific)

Middle East and Africa (Israel, GCC countries, North Africa, South Africa, and the rest of Middle East and Africa)

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Core Chapters:

Chapter 1: Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.

Chapter 2: Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of US Packaged Dry Beans manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.

Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of US Packaged Dry Beans by region/country, identifying the market size and development potential of each region in the next six years.

Chapter 4: Consumption Analysis: We analyze the consumption of US Packaged Dry Beans in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.

Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.

Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.

Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.

Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.

Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.

Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.

Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.

Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.

Chapter 14: Conclusion: Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.

Our most recent research report showcases the thriving expansion of the US Packaged Dry Beans Market and offers in-depth insights into the projected market size, share, and revenue until 2032.

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This release was published on openPR.