Booming Canned Beans Market: Industry Analysis and Forecast (2024-2030)
The 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.
Format : PDF | Report ID : SMR_1930
Canned Beans Market Overview
Currently, beans in cans have been acknowledged as one of the most nutritional foods that can be used as supplementary foods in meals all over the world and it is marketed as a global food. The several varieties of beans include Black; Great Northern; Pinto, Dark red Kidney; Light red Kidney; White Kidney; Navy, Cranberry, and small red offer a diet rich in protein and fiber. This also opens a packaged shell containing no fat, sodium, or cholesterol and some of the kind of them are good sources of potassium increasing the demand of the market of canned beans all around the world.
The shelf life of canned beans is typically preserved at 2 to 5 years of storage under set conditions, making canned beans easy to consume for the canned beans market consumer. This has so much convenience that along with their nutritional value contributed to their increased popularity among the manufacturers of canned beans in the domestic as well as international markets.
Canned beans have several advantages in the global canned beans market since the use of canned beans is associated with the increasing tendency of healthy food with high levels of vegetables and plant-based foods. They are mainly used in the provision of vegetarian protein which in one way or another can substitute lean foods like meat, and are commonly included in preparations such as salads, soups among others. The nutritional value with its versatility in use also helped to enhance the usage of the product globally.
The main suppliers of canned beans in Europe canned beans markets are Italy, Netherlands, and France which account for about 80 percent of all the imports of canned beans. Going by statistics, Italy is the largest producer of canned beans in Europe to the extent that they produce more than half of the total canned beans produced Europe-wide and export them to countries like Germany, Holland, and Sweden among others. Italy has traditionally been involved in canning (hot and particularly tomatoes) but it plays a significant role as a processing and exporting hub for the beans. Italy has exported a total of 155 942 tones of canned beans in exports in the year 2018 whereas in 2017, the exports were at 131,120 tones.
The Netherlands; is considered to be the second largest exporter country of canned beans market globally and one of the leading re-exporters in Europe region. A study undertaken in 2021 was coupled with a general number of exports that must have been sold by the Netherlands in the canning of beans 65. 78 KT, which was mainly supplied to Germany, France, and Belgium. Africa confirms itself as a faithful supplier to Europe with other countries like Kenya and Madagascar being the main supplier and buyers for Europe too. Specifically, the share of imports from developing countries was 11.7 percent in total canned bean imports to Europe expressed for 2021, which proclaims that an increasing tendency to be an important supplier for this market is seen in developing countries as well.
This report is a full APA outline on canned beans and their necessity in the global food market; Beans need to be canned since they have a long-life span; they are good for the health of our body since they contain nutrients that are essential for human intake and their preparation is very easy. The major participation of the major European states and the increased role of developing countries can support that this sector is active and it has competition. The global canned beans market report includes a brief of the global canned beans market, the canned beans market business, the canned beans market price, and new opportunities or threats in the canned beans market for the new entrants and or strategic approach of the existing competitors in the new canned beans market move.
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Canned Beans Market Dynamics
Pricing analysis of canned beans
The retail prices of canned beans vary with several factors – the country of origin, type, and size of the can, bean variety, and quality, and the retail outlet/vendor. Among the processed fruit and vegetable products canned foods are well suited for retailing owing to their packaging for example canned bean which makes its entry into the retail segment of the canned bean industry easier. It has been valued that pre-cooking beans lead to a doubling of the bean’s weight. 5 times, which is helpful to compensate for increased costs for processing and canning. Nowadays the price for private-label canned beans is lower than for branded varieties.
The typical prices for canned beans are between USD 1. USD 6 per kilogram from USD 9. 09 per kilogram. However, the retail pricing range is of little use to the supplier because the final pricing may differ significantly from the export price. This difference is given by the fact that there are various costs added to the price of the good for instance the transportation cost, the packaging cost, and the cost of selling as well as the cost of the profit margins which are all incorporated in the retail price of canned beans.
Technological Innovations Revolutionize the Canned Bean Industry with Eco-Friendly and Smart Packaging Solutions
Advanced technology has played a great role in the canned beans market by revolutionizing the processing and packaging methods. Now there are more and more automated systems and robotics that are used to sort, clean, and package beans effectively and eliminate errors throughout the production process. This technological integration has also led to the development of innovations in the field of packaging in the industry, which increases the canned bean market demand and creates opportunities for market players to remain competitive in the canned bean industry during the forecast period.
Nowadays more countries are developing more environmentally friendly packaging materials for export products for example biodegradable cans and recyclable plastic. Further, smart packaging having sensors and indicators has also been developed to track the freshness and quality of beans and hence build more consumer confidence. This convergence of technology not only increases efficiency and ensures high-quality control but also helps to pursue sustainability initiatives in the canned beans market and therefore helps exporting countries to cope with the changing canned beans market.
Veganism offers opportunities for protein-rich canned products
Increased concern for ethical reasons, the environment, and health concerns for veganism is an opportunity for the canned beans market. Due to improved awareness concerning healthy lifestyles and nutrition, the requirement for plant proteins is rising steadily. This is a ready-canned beans market that canned beans including lentils, chickpeas, black beans, and edamame are well poised to tap into. These beans are not only healthy and rich in vegetable proteins, but they are also easy to order, easily customizable in the kitchen, delicious, and affordable. There are currently around 79 million vegans globally, and due to the COVID-19 pandemic, companies involved in plant-based products have a 27% growth, and thus it should be evident that the canned beans industry will greatly benefit from this.
Additionally, the focus on the fact that beans, for instance, can decrease the threat of cardiovascular disease by 32% when adopting a vegan diet, only serves to add to the calculated superiority of beans as a food. Eco-social factors, more particularly, climate change consequents, including gases produced by animal farming (14. 5% to 16. 5%) continue to promote the consumption of plant-based proteins, thus, canned beans are environmentally friendly products. Over the past years, the trend toward veganism has only endeared and expects to continue to grow, as the number of vegan individuals in the U.S. increased by thirty-fold from 2004 to 2019 shows the canned beans industry demand has room to grow alongside the additional health and sustainability factors offered by these products.
Canned Beans Market Regional Analysis
Europe holds the largest market share and is expected to dominate the canned beans market during the forecast period. The European canned beans market is witnessing significant growth mainly as a result of increasing demand for alternative sources of protein to red meat. These trends towards healthy food and BPA-free packaging are further fueling this market. The three European countries that are of particular interest for potential opportunities for suppliers from developing countries include Germany, France, and the Netherlands. Europe’s position as the largest importer of canned beans has been steadily rising by 2019 and has become responsible for over half of the global import volume.
In the period from 2017 to 2021, the cumulative growth rate in canned bean imports in the European Union amounted to 2% per year in terms of volume. For example, in 2021, 78. 77% of these imports came from developing countries. The market’s growth can be attributed to the delicious and healthy nature of the canned beans and a higher consumer preference for BPA-free packaging which creates demand for such legumes in the canned form. The growing trend for plant-based proteins remains a strong trend.
Germany is the largest European market for canned beans as an importer in terms of volumes in 2021 with 26%. According to data from 2021 German imports are worth about €114. 1 million. The averages used figures of volumes of German imports in 2017 and 2021 show that they increased by 6% per year over the four years. In 2021, the production volume was 7 thousand tonnes.
Germany is also the continent’s major taker of canned beans. The consumption of canned beans in Germany accounted for 116 in the year. In 2021 the production of Cacao Butter was 109 thousand tonnes in 2021 and it was 9 thousand tonnes. From 1, 840. 2 thousand tonnes in 2009 to 2, 420. 1 thousand tonnes in 2017.
In 2021 the total import volumes of canned beans received by Germany was at 49% of Italy and the like. in contrast the direct imports from the production countries is on the rise with imported through the transit countries reducing. This trend brings better opportunities for suppliers that are at the early stages of their development. In terms of supplying Germany with imports the second greatest supplier is the Netherlands with 20%, Belgium with 12% and France with 8%.
The demand for healthier foods has also led to an increase in the consumption of canned beans in the USA. Canned beans have also become a typical ingredient in instant food preparations (frozen BioGourmet or Rapunzel). A selection of canned bean products seen on the German market appears as follows.
Canned Beans Market Scope |
|
Market Size in 2023 |
USD 5.62 Bn. |
Market Size in 2030 |
USD 11.09 Bn. |
CAGR (2024-2030) |
10.2% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segments |
By Type Kidney Beans Lima Beans Black Beans Baked Beans Others |
|
By Category Conventional Organic |
|
By Distribution Channel Store-based Non-store based |
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Key Players in the Canned Beans Market
- 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 Costeña (Mexico
- Trader Joe's (USA)
- Bonduelle (France)
- Epicure US, INC. (Canada)
- Windmill Organics Ltd (United Kingdom)
- American Garden (USA)
Frequently Asked Questions
Europe has the largest Canned Beans Market share in the world.
The market size of the Canned Beans Market by 2030 is expected to reach USD 11.09 Bn.
The market size of the Canned Beans Market in 2023 was valued at USD 5.62 Bn.
Bush Brothers & Company, Conagra Brands, Del Monte Foods, Goya Foods, Inc., etc.
1. Canned Beans Market Introduction
1.1. Study Assumption and Market Definition
1.2. Scope of the Study
1.3. Executive Summary
2. Global Canned Beans Market: Competitive Landscape
2.1. MMR Competition Matrix
2.2. Competitive Landscape
2.3. Key Players Benchmarking
2.3.1. Company Name
2.3.2. Distribution Channel
2.3.3. Revenue (2023)
2.3.4. Company Locations
2.4. Market Structure
2.4.1. Market Leaders
2.4.2. Market Followers
2.4.3. Emerging Players
2.5. Mergers and Acquisitions Details
3. Canned Beans Market: Dynamics
3.1. Canned Beans Market Trends
3.2. Canned Beans Market Dynamics
3.2.1. Canned Beans Market Drivers
3.2.2. Canned Beans Market Restraints
3.2.3. Canned Beans Market Opportunities
3.2.4. Canned Beans Market Challenges
3.3. PORTER’s Five Forces Analysis
3.4. PESTLE Analysis
3.5. Regulatory Landscape by Region
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Middle East and Africa
3.5.5. South America
3.6. Analysis of Government Schemes and Initiatives for Canned Beans Industry
3.7. Technological Road Map
3.8. Key Opinion Leader Analysis for Facial Massage Cream Industry
4. Canned Beans Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2023-2030)
4.1. Canned Beans Market Size and Forecast, by Type (2023-2030)
4.1.1. Kidney Beans
4.1.2. Lima Beans
4.1.3. Black Beans
4.1.4. Baked Beans
4.1.5. Others
4.2. Canned Beans Market Size and Forecast, by Category (2023-2030)
4.2.1. Conventional
4.2.2. Organic
4.3. Canned Beans Market Size and Forecast, by Distribution Channel (2023-2030)
4.3.1. Store based
4.3.2. Non-store based
4.4. Canned Beans Market Size and Forecast, by region (2023-2030)
4.4.1. North America
4.4.2. Europe
4.4.3. Asia Pacific
4.4.4. Middle East and Africa
4.4.5. South America
5. North America Canned Beans Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2023-2030)
5.1. North America Canned Beans Market Size and Forecast, by Type (2023-2030)
5.1.1. Kidney Beans
5.1.2. Lima Beans
5.1.3. Black Beans
5.1.4. Baked Beans
5.1.5. Others
5.2. North America Canned Beans Market Size and Forecast, by Category (2023-2030)
5.2.1. Conventional
5.2.2. Organic
5.3. North America Canned Beans Market Size and Forecast, by Distribution Channel (2023-2030)
5.3.1. Store based
5.3.2. Non-store based
5.4. Canned Beans Market Size and Forecast, by Country (2023-2030)
5.4.1. United States
5.4.2. Canada
5.4.3. Mexico
6. Europe Canned Beans Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2023-2030)
6.1. Europe Canned Beans Market Size and Forecast, by Type (2023-2030)
6.2. Europe Canned Beans Market Size and Forecast, by Category (2023-2030)
6.3. Europe Canned Beans Market Size and Forecast, by Distribution Channel (2023-2030)
6.4. Europe Canned Beans Market Size and Forecast, by Country (2023-2030)
6.4.1. United Kingdom
6.4.2. France
6.4.3. Germany
6.4.4. Italy
6.4.5. Spain
6.4.6. Sweden
6.4.7. Austria
6.4.8. Rest of Europe
7. Asia Pacific Canned Beans Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2023-2030)
7.1. Asia Pacific Canned Beans Market Size and Forecast, by Type (2023-2030)
7.2. Asia Pacific Canned Beans Market Size and Forecast, by Category (2023-2030)
7.3. Asia Pacific Canned Beans Market Size and Forecast, by Distribution Channel (2023-2030)
7.4. Asia Pacific Canned Beans Market Size and Forecast, by Country (2023-2030)
7.4.1. China
7.4.2. S. Korea
7.4.3. Japan
7.4.4. India
7.4.5. Australia
7.4.6. Indonesia
7.4.7. Malaysia
7.4.8. Vietnam
7.4.9. Taiwan
7.4.10. Rest of Asia Pacific
8. Middle East and Africa Canned Beans Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2023-2030
8.1. Middle East and Africa Canned Beans Market Size and Forecast, by Type (2023-2030)
8.2. Middle East and Africa Canned Beans Market Size and Forecast, by Category (2023-2030)
8.3. Middle East and Africa Canned Beans Market Size and Forecast, by Distribution Channel (2023-2030)
8.4. Middle East and Africa Canned Beans Market Size and Forecast, by Country (2023-2030)
8.4.1. South Africa
8.4.2. GCC
8.4.3. Nigeria
8.4.4. Rest of ME&A
9. South America Canned Beans Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2023-2030
9.1. South America Canned Beans Market Size and Forecast, by Type (2023-2030)
9.2. South America Canned Beans Market Size and Forecast, by Category (2023-2030)
9.3. South America Canned Beans Market Size and Forecast, by Distribution Channel (2023-2030)
9.4. South America Canned Beans Market Size and Forecast, by Country (2023-2030)
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Rest Of South America
10. Company Profile: Key Players
10.1. Bush Brothers & Company (U.S.)
10.1.1. Overview
10.1.2. Business Portfolio
10.1.3. Financial Overview
10.1.4. SWOT Analysis
10.1.5. Strategic Analysis
10.1.6. Recent Developments
10.2. Conagra Brands (Chicago)
10.3. Del Monte Foods, Inc.
10.4. Goya Foods, Inc.(New Jersey)
10.5. B&G Foods, Inc. (New Jersey.)
10.6. Amy's Kitchen (California)
10.7. Eden Foods (USA)
10.8. La Costeña (Mexico
10.8. Trader Joe's (USA)
10.9. Bonduelle (France)
10.10. Epicure US, INC. (Canada)
10.11. Windmill Organics Ltd (United Kingdom)
10.12. American Garden (USA)
11. Key Findings
12. Industry Recommendations
13. Research Methodology