Legumes Market Size was valued at USD 11.5 Billion in 2022. The Legumes industry is projected to grow from USD 12.10 Billion in 2024 to USD 18.30 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.30% during the forecast period (2024 - 2032). Increased demand for plant-based and organic products and awareness about the health benefits of consuming legumes are the key market drivers enhancing the growth of market.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Market CAGR for legumes is being driven by the rising demand for healthy diets globally. Over the past few years, there has been ,increased frequency of health-related problems like diabetes, gastrointestinal disease, and obesity in the population has risen significantly. This has led to an increase in awareness among consumers about their health and initiated healthy eating habits. There is an increasing consumption of legume-based snacking items.
The market is getting fueled due to the rising interest in plant-based protein, health benefits, the popularity of vegetarian and vegan diets, the innovation of new products, government support, and sustainable farming. Legumes have given a chance for industries to innovate new and inventive goods, like snacks, meat, and pasta substitute, and to pioneer the market for sustainably grown legumes. The legumes like peas, chickpeas, peas, and beans are thought to be healthy snacks. Consumers are becoming aware of different problems related to obesity and diabetes, like cardiovascular and respiratory disorders, anxiety, cholesterol, and depression. The obese and the overweight are more susceptible to developing diabetes and cardiovascular disease at a early age. Hence, there is a concern to avoid high-calorie food and encourage them to consume low-calorie and low-fat food like legumes. This will eventually lead in the growth of the legume market globally.
The companies are also coming up with healthy snacks, like chickpeas, that can be easily prepared; the Turkey chickpea is salted and seasoned with cloves and roasted. In South Asian countries like India, corn is sold as a snack with roasted chickpeas, and fresh chickpeas are roasted in traditional small pots and served with lemon and cilantro. The legumes have characteristics that they can be stored for a longer period of time; that is, it is non-perishable. Most consumers are shifting from animal-sourced products to plant-based food products. Thus, driving the Legumes market revenue.
The availability of different other alternatives is a major restrain to the growth of the legume market. The meat market is significantly growing as they are naturally rich in protein, iron, energy, zinc, and potassium, thus leading to an increase in consumption of these high-nutrition products than other. On the other hand, poor supply and demand, higher costs, and the lack of awareness and availability are restraining the market growth.
The Legumes market segmentation, based on type, includes Lentils, Beans, Peas, and Others. The beans segment dominated the market, accounting for the largest market revenue due to the increasing popularity of their excellent nutritional value. Processed beans are very popular with consumers as they do not require cooking, peeling, and cleaning like the raw version of the product. Navy beans, kidney beans, white beans, pinto beans, and black-eyed beans are most commonly utilized in processed meals. Furthermore, chickpeas and lentils have a faster cooking process and are thus expected to gain popularity in the forecast years. Consumers are becoming more and more used to both the precooked as well as dried forms, which are high in protein and calorie content that helps in regulating blood sugar levels.
Figure 1: Legumes Market, by Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The Legumes market segmentation, based on category, includes Conventional and Organic. The conventional category dominates the market and is anticipated to grow at a significant rate. The rise is owing to the rise in ethnic food popularity, the requirement for a nutritional diet, and the cost-effectiveness that is anticipated to boost the market growth rapidly.
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Legumes market dominates the market due to the increasing demand for food containing high fiber and protein and also the demand for plant-based food products. Government initiatives in the countries of this region have increased the consumption of legumes. The US is the largest contributor to the legumes market in the North American region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: LEGUMES MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Legumes market accounts for the second-largest market share due to the rising demand for plant-based substitutes to meet the protein requirement of the body. Further, the German Legumes market held the largest market share, and the UK Legumes market was the fastest-growing market in the European region.
The Asia-Pacific Legumes Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the high consumption of lentils in the countries of this region, and the consumers are opting for healthy food options. Moreover, China’s Legumes market held the largest market share, and the Indian Legumes market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Legumes market grow even more. Market participants are also undertaking a variety of strategic activities to spread their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Legumes industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Legumes industry to benefit clients and increase the market sector. In recent years, the Legumes industry has offered some of the most significant advantages to the food industry. Major players in the Legumes market, including Tyson Foods Inc., NAPOLINA, Bush Brothers & Company, Teasdale, General Mills, Conagra Brands, The Kraft Heinz Company, Eden Foods Inc., Goya Foods Inc, Faribault Foods Inc., and others, are trying to increase market demand by investing in research and development operations.
NAPOLINA was established in Italy, and in 1965, it was launched in the UK, becoming the number-one Italian cooking brand in more than 50 years. The company imports and distributes food products, offering tomatoes, olive oil, and pasta, and also provide sauces, pizzeria, pulses, and grated cheese, which emphasizes ingredients in wheat, spices, and herbs. The company supplies its products in canned, crushed, or sieved form throughout Italy and also Italian cooking tips and recipes. In April 2020, the company launched a broad range of grains and pulses. Quinoa, chickpea, and cannellini beans are included in the expanded product line. As per the company, canned legumes are rich in protein and low in fat, which makes them fit for vegetarians and flexitarians alike.
Tyson Foods is a modern American protein-focused, multi-national food company that produces over 20% of the beef, chicken, and pork in the United States. It is the second-largest processor and marketer of chicken, pork, and beef globally. The company operates major food brands like Jimmy Dean, Ball Park, State Fair, Wright Brand, and Hillshire Farm. The company is also involved in various controversies linked to animal welfare, the environment, and the welfare of its own employees. Recently, the company announced the launch of Legume Craft, a range of plant-based meat alternatives. The products were availed in both the food services and retail settings. Furthermore, to expand its Legumes division, Headspace recently announced the accession of Sayana, a company focused on mental wellness and health.
Legumes Industry Developments
June 2020: Bush Brothers collaborated with Beanstalk, a brand extension and licensing agency. This collaboration focuses on expanding the reach of the brand into complementary food categories with the aim of providing consumers with delicious and healthy foods.
April 2019: A vegan-friendly canned sausages and beans was launched by Food Company. This product contained baked beans flavored with herbs, spices, and tomatoes. Chickpeas and lentils are anticipated to attract traction in the future due to their less cooking time.
April 2019: The Simply Especial line of teas was launched by Teasdale. The 15.5-oz can in five variations like Chipotle Rojo, Chilli Verde, Mexican Chilli, Spicy Cuban, and Peruvian are included in the Simply Especial line.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 11.5 Billion |
| Market Size 2024 | USD 12.10 Billion |
| Market Size 2032 | USD 18.30 Billion |
| Compound Annual Growth Rate (CAGR) | 5.30% (2024-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Category, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Tyson Foods Inc., NAPOLINA, Bush Brothers & Company, Teasdale, General Mills, Conagra Brands, The Kraft Heinz Company, Eden Foods Inc., Goya Foods Inc, Faribault Foods Inc. |
| Key Market Opportunities | The rapid shift from animal-sourced food products to plant-based products. |
| Key Market Dynamics | Increase in awareness about the health benefits related to legume consumption. |
Legumes Market Highlights:
Frequently Asked Questions (FAQ) :
The Legumes market size was valued at USD 11.5 Billion in 2022.
The market is foreseen to grow at a CAGR of 5.30% during the forecast period, 2024-2032.
North America had the largest share of the market
The key players in the market are Foods Inc., NAPOLINA, Bush Brothers & Company, Teasdale, General Mills, Conagra Brands, The Kraft Heinz Company, Eden Foods Inc., Goya Foods Inc, and Faribault Foods Inc.
The beans category dominated the market in 2022.
The conventional category had the largest share of the market.
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