Canned Beans Market Major Player Latest Innovation, Industry By Forecast 2022-2030.
Canned Beans Market
Canned Beans Market Outlook
Canned beans are pulses blanched and preserved in sealed cans. These beans are of different types like Lima beans, Chickpeas, Navy Beans, Kidney Beans, Pinto Beans, etc. They are a good source of protein, folates, vitamins, iron, and other essential nutrients. They are low fat high-energy products quite suitable for health-conscious people and patients with lifestyle-related disorders, thereby gaining wide popularity. The global canned beans market is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.2 % over the forecast period. The canned beans market size is anticipated to reach a value of USD 890 million by 2027, growing at a CAGR of 4.2% between 2020 and 2027. The adoption of a busy Lifestyle has increased the demand for pre-processed food products like canned beans which are ready to cook and don't require a soaking period, unlike dried beans.
The Canned Beans Market Synopsis Beans preserved and put in cans are known as canned beans. The salt, water, and certain preservatives used to keep the beans in the cans aid in preserving their color, texture, and freshness. Both offline and online distribution channels are accessible for canned beans, which are already cooked. Beans sold in tins of various sorts are known as canned beans. One of the earliest cultivated foods in the world is the bean. Beans have several health advantages, such as lowering cholesterol, lowering the risk of heart disease, and lowering the risk of diabetes. Furthermore, since they don't need to be prepared beforehand by peeling, slicing, or cleaning, canned beans are incredibly practical.
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Hence, the market for canned beans is driven by rising health concerns, a growing desire for better foods, and ease of consumption. Another element boosting the market's expansion is an increase in the number of working people and their inclination for quick meals. Because they contain protein, carbohydrates, fiber, manganese, magnesium, B vitamins, copper, iron, phosphorus, and zinc, canned beans are regarded as being very nutrient-dense foods. These are low-fat, cholesterol-free, and saturated-fat-free goods. They are consequently becoming more common in vegetarian and vegan diets. Furthermore, customers stockpiling long-lasting necessities during the coronavirus epidemic increased the demand for canned goods, particularly beans, dramatically. The emergence of panic shopping has fueled the market growth for these legumes.
Technology Analysis
Canned beans refer to beans blanched and packed in hermetically sealed cans for extending their shelf-life. Canning of the beans is one of the easiest methods to preserve them along with their nutrients. Unlike dried beans, canned beans are easy to cook as they do not require soaking time. These beans are power packed with nutrients such as proteins, carbohydrates, fibers, B vitamins, folate, etc. making them a healthy diet.
Competitive Landscape
The major global Canned Beans Key Market Players companies playing a key role in the canned beans market are: The H. J. Heinz Company (US), Grandma Brown's Beans Inc. (US), Bush Brothers & Company (US),B&G Foods, Inc. (US),ConAgra Foods, Inc. (US),Del Monte Foods (US),American Garden (US), Windmill Organics Limited (UK),Bonduelle (France),Epicure (UK)
Rising Demand for Organic Products: is packed with organic beans grown in an organic environment without the use of artificial chemical substances, such as additives or pesticides and herbicides. On the inorganic plantation, beans are grown with only organic fertilizers, such as worm castings, chicken or cow manure, or compost. Additionally, organic beans are richer in antioxidants and fiber as compared to conventional counterparts. The growing incidences of allergies and diseases caused by the harmful chemicals used as additives have created awareness for food safety among consumers. Owing to this, organic canned food products are expected to create a substantial growth opportunity for dehydrated beans market players during the review period.
Non-Store-Based Distribution Channels Gaining Popularity Across the Globe: The non-store-based segment is projected to register a higher growth rate during the forecast period. Manufacturers of canned beverages are inclined towards non-store-based distribution channels for the extensive sales of their products. Moreover, the impact of COVID-19 has led to the implementation of lockdown in many countries and has resulted in the forced closure of retail stores. Companies are opting for online distribution platforms as they want to extend their consumer reach, considering the present situation. Also, consumers have access to a wide variety of products in terms of flavor variants, quantity, pack size, as well as several offers.
Regional Analysis
- North America
- The U.S.
- Europe
- Germany
- The U.K.
- France
- Asia Pacific
- China
- Japan
- Central & South America
- Brazil
- Middle East & Africa
Top Canned Baked Beans Manufacturers?
B&M Original Baked Beans.
B&M Vegetarian Baked Beans.
Bush's Best Original Baked Beans.
Bush's Best Vegetarian Baked Beans.
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