Canned Beans Market Research Report - Global Forecast till 2027

Global Canned Beans Market Research Report: Information By Type (Navy Beans, Kidney Beans, Garbanzo Beans, Pinto Beans and Others), Category (Conventional and Organic), Distribution Channel (Store-Based [Supermarkets & Hypermarkets, Convenience Stores and Others] and Non-Store-Based) and Region (North America, Asia-Pacific, Europe and the Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/8856-HCR | February 2021 | Region: Global | 90 pages

Please note that assessment period of report has been updated from 2020-2026 to 2020-2027. Cordially fill sample form for updated data.

Market Scenario


Global Canned Beans Market size is projected to reach approximately USD 1.46 Billion by 2026, at a CAGR of 3.47% from 2020 to 2026. Canned beans are ready-to-eat beans that are blanched and sealed generally in tin cans with water and preservatives. Additives are added to increase their shelf life and maintain their color and texture over a long period. Canning is done for different types of beans such as black, navy, kidney, pinto, garbanzo, red, great northern, and cannellini beans. Canned beans are widely used in salad preparations, soups, stews, pasta, pizzas, chilis, and baked bean dishes. Beans are seeds that belong to the Fabaceae family, commonly known as legume, pea, or the bean family. High consumption of beans as an affordable and common source of protein, fiber, iron, and vitamins is expected to drive the global canned beans market during the forecast period.


The impact of COVID-19 has directly affected the distribution and sales of different products across industries. Many countries are under lockdown and have sealed their borders to curb the spread of the virus. The impact of COVID-19 on logistics has disrupted the supply of raw materials, which has further reduced production capacity and, thus, product shortages. These factors are expected to cause a price rise in canned beans in the short run. Moreover, canned beverages are generally purchased for high shelf life. The present pandemic scenario is encouraging consumers to stock products keeping in mind their limited availability in retail. These factors are directly impacting the supply and demand curve for canned beans.    


Market Synopsis


Global Canned Beans Market has witnessed high growth in recent years. Canning of beans aims at preserving the product and increasing its shelf life. Industrially, bean grains are cleaned, hydrated, classified, blanched, packaged, with the addition of sauce or brine, seaming of cans, thermal processing, frozen, and labeled. The growth of the canned beans market across the world is attributed to the convenience of on-the-go and easy usage of various food items such as soups, salads, pasta, and many more. Additionally, the growing demand for plant-based food for its nutritional benefits and the rising trend of veganism have further fueled the global market growth in 2019. Beans are rich in amino acids, building blocks of protein, and are used by the body to heal and generate new tissues of bone, muscle, hair, skin, and blood. However, the presence of clinically relevant allergenic proteins in beans results in allergy for beans in certain consumers, which is expected to hamper the market growth during the forecast period.


Market USP


Beans are an affordable and common source of protein, fiber, iron, and vitamins leading to several health benefits


Market Drivers



  • Minimal cooking time: Hectic lifestyle of consumers has led to reduced available time for cooking. Food choices are increasingly based on cost, taste, convenience, quality, and cooking time. Canned beans being precooked offer the convenience of easy preparation and minimal preparation time.

  • High shelf life

  • Convenient packaging

  • Effective marketing strategies

  • Growth of the organized retail sector in developing countries


Market Restraints



  • Artificial flavors

  • Allergy from beans


Segmentation


By Type



  • Navy Beans

  • Kidney Beans

  • Garbanzo Beans: This segment accounted for the largest market share in 2019 and is projected to grow at a moderate pace during the forecast period. These are also known as chickpeas and are a common meat substitute. Garbanzo beans are widely consumed, roasted, or ground into hummus. They impart a nutlike taste with a buttery texture. They are a versatile legume and a noted ingredient in several Middle Eastern and Indian cuisines such as hummus, falafels, and curries. The high nutritional profile of garbanzo, followed by its wide culinary use in several cuisines, is expected to drive the segmental growth from 2020 to 2026.

  • Pinto Beans

  • Others


By Category



  • Conventional: This segment accounted for the maximum market share in 2019 owing to its low cost and traditional use. Though consumers are increasingly becoming conscious about food safety and sustainable products, the low production cost of conventional variant and lack of awareness regarding food safety are expected to boost the segmental growth during the forecast period.



  • Organic


By Distribution Channel



  • Store-Based: The store-based segment is further divided into supermarkets and hypermarkets, convenience stores, and others. The supermarkets and hypermarkets sub-segment is expected to be the largest as these channels account for the maximum sales of canned beans. Convenience stores also play a significant role in the distribution of canned beans.



  • Non-Store-Based


By Region



  • North America:

  • Europe: Europe dominated the global canned beans market in 2019. High dependency on canned products for its high shelf life and rich nutritional profile of beans are driving the regional market at a considerable rate during the forecast period. Many people in the region are adopting special diets, such as vegetarian, vegan, and gluten-free, which is resulted in the regional market growth in 2019.

  • Asia-Pacific: Asia-Pacific is a new revenue pocket for the canned beans market. Dry beans have been consumed traditionally in several cuisines of the region. However, with the effective market activities and the rising organized retail sector in the region, the sales of canned beans increased in the region in 2019. The growing population in China and India has created an opportunistic market for the existing players. Additionally, the adoption of cross-cultural trends in terms of food has also boosted the demand for canned beans in the region.

  • Rest of the World


Key Players



  • 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)



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2026: USD 1.46 Billion
  • 2027: Significant Value
  •   CAGR   3.47% (2020-2027)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, Category and Distribution Channel
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   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)
      Key Market Opportunities   presence of clinically relevant allergenic proteins in beans results in allergy for beans in certain consumers
      Key Market Drivers

  • Minimal cooking time
  • High shelf life
  • Convenient packaging


  • Frequently Asked Questions (FAQ) :


    Global canned beans market is touted to record a substantial market valuation of USD 1.46 billion by 2026.

    Global canned beans market is projected to register a moderate 3.47% CAGR in the forecast period.

    The garbanzo beans segment is expected to observe substantial demand over the review period.

    A few emminent market players operating in the global canned beans market are The H. J. Heinz Company (US), Grandma Brown's Beans Inc. (US), Bush Brothers & Company (US), among others.