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Legumes Market to Reach USD 17.17 Bn by 2029, emerging at a CAGR of 5.5 percent and forecast 2023-2029
Legumes Market
The report employs a meticulous research methodology, utilizing data-driven insights, industry expertise, and market analysis tools. A detailed investigation into the culinary, nutritional, and environmental aspects of legumes forms the foundation of this comprehensive report.
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What are Legumes Market Dynamics:
The burgeoning global appetite for plant-based proteins stands as a paramount catalyst propelling the growth trajectory of the Legumes Market. This shift in dietary preferences mirrors a collective consciousness toward health, sustainability, and environmental stewardship. Traditional reliance on animal proteins for essential amino acids is evolving. Diverse plant-based sources, notably legumes like lentils, chickpeas, beans, and peas, rival this belief. These powerhouses offer a nutrient-packed profile, abundant in protein, fiber, vitamins, minerals, and phytonutrients, reshaping nutritional norms. Their potential in fostering weight loss, particularly among individuals grappling with conditions like type 2 diabetes or cardiovascular disease, showcases the efficacy of plant-centric diets in promoting healthier lifestyles. The merits of embracing plant proteins extend beyond personal health to environmental conservation. The adverse health implications linked with red meat consumption, specifically its contribution to heart disease and type 2 diabetes due to saturated fat content. Conversely, plant-based diets showcase an impressive ability to positively impact cholesterol levels.
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Legumes Market Regional Insights:
Asia Pacific Dominates: The Asia-Pacific region holds the largest market share, driven by the increasing focus on legume production to address nutritional needs, agricultural sustainability, and economic balance.
Key Producer: Spain: Spain emerges as a significant producer of legumes, contributing significantly to both domestic consumption and global export activities.
What is Legumes Market Segmentation:
by Type
Beans
Lentils
Chickpeas
Peas
Soybeans
Others
by Category
Conventional
Organic
by End User
Food and Beverage
Animal Feed
Pharmaceutical
Others
by Distribution Channel
Supermarkets/Hypermarkets
Online Retail
Specialty Stores
Others
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Who are Legumes Market Key Players:
1. Cargill
2. Archer Daniels Midland Company (ADM)
3. Bunge Limited
4. Louis Dreyfus Company (LDC)
5. Olam International
6. Ingredion Incorporated
7. The Scoular Company
8. SunOpta Inc.
9. AGT Food and Ingredients
10. Sun Agro
11. Bonduelle
12. Emsland Group
13. Bean Growers Australia
14. Arbel
15. Diefenbaker Seed Processors
16. Sleaford Quality Foods Ltd.
17. Farmer's Cooperative
18. Earth Expo Company
19. S&W Seed Company
20. Hancock Farm & Seed Company
21. Pulse Australi
Table of content for the Legumes Market includes:
Legumes Market: Research Methodology
Legumes Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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3.Legumes Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Legumes Market is expected to reach USD 18.11 Bn by 2030
Animating factors in the global for legumes market are synergistic end use of lentils, beans, and peas in essential dishes including the increasing consumption of soymeal, grain, and bran due to various usages in the health business. Global Legumes Market size was valued at USD 12.45 Bn in 2023 and is expected to reach USD 18.11 Bn by 2030, at a CAGR of 5.5%.
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