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

Canned Beans Market Analysis

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.

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 of 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.

Canned beans are the most preferred choice for making instant dishes containing beans. They are pre-soaked and require less cooking time. Moreover, different companies are launching innovative products like beans with tomato sauce, baked beans, etc which is adding to its popularity. The Global canned beans market value is expected to be worth USD 890 million by the end of the current forecast period in 2027.

Covid 19 Analysis

Covid-19 pandemic had a mixed impact on the Global market. On one hand, the demand for the product lessened due to restrictions in travel and movement of goods. While on the other hand, the growth of e-commerce companies generated good demand for canned beans through online delivery systems. These beans are free from microbial contamination and can be stored for some additional period than conventional beans which led to market growth. However, the economic recession across the globe also affected the demand and supply of the Global market.

Market Dynamics

Drivers

The increasing demand for packaged and pre-processed food products with the adoption of busy lifestyles is driving the growth of the Global canned beans market. Canned beans can be cooked instantly without the need of soaking for long hours which is the major factor promoting their popularity. Moreover, their nutrient-rich status has increased their demand for being wholesome food having energy, proteins, and essential vitamins.

The rising concept of veganism is promoting the use of canned beans as they are a good source of plant-based protein. Moreover, the canning of beans also ensures the safety from microbial contamination which is a positive factor contributing to market growth in the present health-conscious world. Furthermore, canning also makes long-distance transportation of beans convenient. This is finding newer markets for these beans leading to the growth of the global canned beans market. 

Restraints

Canned beans are high in sodium which may be a concern for people suffering from high blood pressure and other diseases. Thereby, it is impacting the overall demand. Moreover, some of the bean proteins may be allergic to some people causing a hindrance in the market expansion.

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.

Beans are extremely rich in amino acids or proteins, the building blocks of our body, which are generally deficient in other cereal-based diets.

Therefore, they are an essential part of a vegan diet to fulfill the body's nutrient requirements. Different beans like black beans, kidney beans, chickpeas, Cannellini beans, Lima beans, etc. all belonging to the Fabaceae family are available as canned beans. These beans are used in a wide range of dishes like bean soup, stews, pasta, pizzas, baked beans dishes, etc. 

Study Objectives

The specific objectives of this market report on the canned beans market are given below:

• To provide a complete overview of the market.


• To analyze and forecast the market in terms of value and volume.


• To provide information about the impact of covid 19 on the market and market response thereafter.


• To point out the problems and prospects of the market.


• To give technical details about the product.


• To provide an overview of the regional markets and other market segments.


• To identify the key players of the canned beans industry.

Segment Analysis

Segmentation of the Global market, By Type

• Navy Beans


• Kidney Beans


• Garbanzo Beans


• Pinto Beans


• Others

Garbanzo beans, also known as chickpeas, are the most popular canned beans type. They are high in protein and have a buttery flavor and a nutty texture. These are used to make curries, salads, and other local dishes across Europe, the Middle East, and South Asia. Chickpeas are a popular vegan good as they are rich in proteins and fibers. 

Segmentation of the Global market, By category

• Conventional


• Organic

Conventionally produced beans dominate the market as they are the most produced type. However, the demand for Organic beans is increasing at a very fast rate. The market supply of Organic canned beans is far much lower than the actual demand.  

Segmentation of the Global canned beans market, By Distribution Channel

Store-Based

• Supermarkets & Hypermarkets


• Convenience Stores


• Others

Non-Store-Based

 Store-based segments or precisely Convenience stores dominate the market owing to their wider customer reach. They being in close contact with customers cater to most of the demand. However, the supermarket segment is witnessing rapid growth owing to promotions and in-store offers offered by the supermarkets.

Regional Analysis

The different regional markets for the global canned beans market are:

 Americas

- North America

• US


• Canada


• Mexico

- South America

 Europe

• UK


• Germany


• France


• Italy


• Spain


• Rest of Europe

Asia-Pacific

• China


• India


• Japan


• Australia & New Zealand


• Rest of Asia-Pacific

 Rest of the world ( RoW )

• The Middle East


• Africa

Europe dominates the Global canned beans market. High preference for canned food including canned beans due to its rich nutritional profile and extended shelf life generates huge demand. The market growth is also supported by the high disposable income of people and demand for quality products. Moreover, the significant adoption of vegan and vegetarian food habits makes this region the leader.

Asia-Pacific is the fastest-growing regional market segment. A high inclination towards a vegan and vegetarian diet in this region is sustaining the demand for canned beans. The rising emphasis on the management of post-harvest loss and in value addition will further propel the growth of the Global market.

The American segment also holds a significant share in the global market. The rising dependence on packaged food products is likely to generate huge demand for canned beans in this region. The Middle East and the African segment is expected to grow at a moderate rate over the forecast period.

Competitive Landscape

The major global 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)

Recent Developments

In August 2021, The H. J. Heinz Company, the leading food & beverage company, launched five new canned beans products under the name Beanz Burger. These are baked beans containing different soups including an avocado enriched type too.

Intended Audience

This report will be beneficial for every stakeholder of the canned beans market such as :

• Canned beans manufacturer


• Raw material suppliers


• R&D institutes


• Traders and distributors


• Potential investors

Report Overview

This report from Market Research Future provides an in-depth analysis of the canned beans market in terms of current value and future forecast. This report has also highlighted the problems and prospects of the given market. Moreover, the technological analysis section of the report will help in understanding the product and its market prospects.  Furthermore, this report contains a detailed analysis of different market segments for the current forecast period. This report has also highlighted the key players and the current developments in the canned beans market.