Press release
Canned Beans Market to Double by 2030, Expanding from $5.62 Billion to $11.09 Billion at 10.2% CAGR, Reveals Stellar Market Research
Estimated Revenue Growth:Booming Canned Beans Market size was valued at USD 5.62 Bn. in 2023 and the total Global Canned Beans Market revenue is expected to grow at a CAGR of 10.2% from 2024 to 2030, reaching nearly USD 11.09 Bn. by 2030.
Booming Canned Beans Market Overview:
Canned beans are widely recognized for their nutritional value and convenience, making them a popular choice for meals globally. These beans, including varieties like Black, Great Northern, Pinto, Dark Red Kidney, Light Red Kidney, White Kidney, Navy, Cranberry, and Small Red, provide a rich source of protein and fiber. Additionally, many canned beans are low in fat, sodium, and cholesterol, with some varieties offering significant potassium content. This nutritional profile boosts the global demand for canned beans.
The typical shelf life of canned beans ranges from 2 to 5 years when stored under appropriate conditions, enhancing their appeal for both consumers and manufacturers. This longevity, coupled with their nutritional benefits, contributes to their growing popularity in domestic and international markets.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/Booming-Canned-Beans-Market/1930
What are Booming Canned Beans Market Dynamics?
Pricing Analysis: The retail prices of canned beans fluctuate based on several factors, including country of origin, bean variety, can size, quality, and the retail outlet. Generally, prices range between USD 1 and USD 6 per kilogram. Private-label canned beans often cost less than branded varieties due to reduced marketing expenses. However, the retail price can vary significantly from the export price due to additional costs such as transportation, packaging, and profit margins.
Eco-Friendly Packaging: There is a growing trend towards the development of environmentally friendly packaging materials. Innovations include biodegradable cans and recyclable plastics, which align with global sustainability efforts and appeal to environmentally conscious consumers.
Smart Packaging Solutions: The introduction of smart packaging, which incorporates sensors and indicators, allows for real-time tracking of freshness and quality. This technological advancement enhances consumer confidence by ensuring that the beans remain fresh throughout their shelf life.
What is Booming Canned Beans Marketb Regional Insight?
Europe is the largest market for canned beans and is projected to continue dominating the market during the forecast period. The region's growth is driven by increasing demand for alternative protein sources to red meat, as well as trends towards healthier eating and BPA-free packaging. Key European markets with notable opportunities include Germany, France, and the Netherlands. By 2019, Europe accounted for over half of the global canned bean import volume.
Between 2017 and 2021, the European Union's canned bean imports grew at a cumulative annual rate of 2% in terms of volume. In 2021, 78.77% of these imports originated from developing countries. The market's expansion is supported by the increasing preference for plant-based proteins and the appeal of BPA-free packaging.
What is Booming Canned Beans Market Segmentation?
By Type
Kidney Beans
Lima Beans
Black Beans
Baked Beans
Others
By Category
Conventional
Organic
By Distribution Channel
Store-based
Non-store based
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Booming-Canned-Beans-Market/1930
Some of the current players in the Booming Canned Beans Market are:
Bush Brothers & Company (U.S.)
Conagra Brands (Chicago)
Del Monte Foods, Inc.
Goya Foods, Inc.(New Jersey)
B&G Foods, Inc. (New Jersey.)
Amy's Kitchen (California)
Eden Foods (USA)
La Costeรฑa (Mexico
Trader Joe's (USA)
Bonduelle (France)
Epicure US, INC. (Canada)
Windmill Organics Ltd (United Kingdom)
American Garden (USA)
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Booming-Canned-Beans-Market/1930
Key Questions answered in the Booming Canned Beans Market Report are:
Which region held the largest market share in the Booming Canned Beans Market?
What is the expected Booming Canned Beans market size by 2030?
Which factors are the opportunities for the Booming Canned Beans market growth?
What are investment opportunities for the Booming Canned Beans market?
What are the recent industry trends that were implemented to generate additional revenue streams for the Booming Canned Beans Market?
Which segment dominates the Booming Canned Beans Market?
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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