Canned Legumes Market by Type (Black Beans, Garbanzo Beans, Kidney Beans), Category (Conventional, Organic), Distribution Channel - Global Forecast 2024-2030

Canned Legumes Market by Type (Black Beans, Garbanzo Beans, Kidney Beans), Category (Conventional, Organic), Distribution Channel - Global Forecast 2024-2030

The Canned Legumes Market size was estimated at USD 3.23 billion in 2023 and expected to reach USD 3.42 billion in 2024, at a CAGR 5.88% to reach USD 4.82 billion by 2030.

Canned legumes are a type of preserved food product prepared and sealed in an airtight container consisting of leguminous plants. The canning process typically involves blanching the legumes, sealing them in cans with a brine or sauce, and then sterilizing them through heat to kill any bacteria, thus extending their shelf life significantly. Canned legumes offer convenience, as they are precooked and ready to eat after warming, and they provide a nutritious option rich in protein, fiber, vitamins, and minerals. The canned legumes market is growing rapidly with the mounting demand for plant-based proteins, consumer recognition of legumes' nutritional value, and technological advances in canning that preserve flavor and nutrition. The market expansion faces constraints such as competition from alternative legume forms, volatile raw material expenses, concerns over canning preservatives, and the ecological impact of metal cans. Additionally, the market sees burgeoning opportunities, particularly in organic, non-GMO offerings and innovations in sustainable packaging and sodium reduction, targeting health-conscious shoppers.

Regional Insights

The canned legumes market in the Americas is experiencing steady growth, primarily driven by increasing consumer demand for plant-based protein sources and convenient, ready-to-eat food products. Consumer preferences have gradually shifted towards healthier diets, and this is reflected in the heightened demand for canned legumes such as beans, lentils, and chickpeas. Additionally, the trend toward organic and non-GMO products is influencing product offerings in the region, with manufacturers focusing on clean labeling and ethical sourcing practices to attract health-conscious consumers. In the EMEA region, the canned legumes market is characterized by varied consumption patterns across different countries. European countries, with their traditional Mediterranean diets, demonstrate a robust consumption of canned legumes. The Middle East and Africa region show potential for growth due to dietary habits incorporating legumes as a staple food. Moreover, environment-conscious consumers in Europe are driving demand for sustainable and eco-friendly packaging solutions. The Asia-Pacific region is witnessing a significant expansion in the canned legumes market, driven by urbanization and the fast-paced lifestyle of consumers looking for convenient and nutritious food options. There is an emerging trend of Western dietary influences in the region, leading to an increased acceptance of canned legumes in daily meals. Moreover, rising disposable incomes in the APAC region are making premium and imported canned legumes more accessible to consumers, thereby supporting market growth.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Canned Legumes Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Rising demand for convenient food owing to increased disposable income
• Government initiatives to boost the production of legumes across economies
• Growing popularity of vegetarian diets and intensifying demand for plant-based protein

Market Restraints

• Fluctuating price and production complexities associated with legumes

Market Opportunities

• Introduction of new canned legumes and improvements in preservation technologies
• Emerging focus on green packaging solutions for canned legumes

Market Challenges

• Quality and contamination issues with canned legumes

Market Segmentation Analysis

• Type: Growing preference for black beans, aiding weight management and supporting heart health
• Category: Significant adoption of organic canned legumes from consumers
• Distribution Channel: Growing preferences for online channels providing a convenient, time-saving, and cost-effective purchasing method

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Canned Legumes Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Canned Legumes Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Seneca acquires Green Giant canned vegetable business

Seneca Foods Corporation acquired the Green Giant canned product line and expanded its portfolio with the acquisition of the G, exclusive to the United States market from B&G Foods, Inc. This acquisition extends a brand name license to Seneca for the shelf-stable products. This arrangement excludes Green Giant's frozen goods, Canadian operations, and the Le Sueur brand.

La Doria, 38 million invested in green

La Doria has greenlighted a strategic investment plan for 2023, committing to an impressive sum of EUR 38 million. The plan is ambitiously outlined to enhance three critical sectors within the company: expanding production capacity, reducing environmental impact, and fostering digital transformation.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Canned Legumes Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Canned Legumes Market, highlighting leading vendors and their innovative profiles. These include Alimenco s.r.l., B&G Foods, Inc., Bonduelle Group, Bush Brothers & Company, Conagra Brands, Inc., Del Monte Foods, Inc., Eden Foods, Inc., Epicure, Fujian Chenggong Fruits & Vegetables Food Co., Ltd, General Mills, Inc., Goya Foods, Inc., Grandma Brown's Beans Inc., Heinz Watties Ltd., KYKNOS S.A., NAPOLINA, RFG Foods, Sanitarium, Seneca Foods, Teasdale Latin Foods, The Hain Celestial Group, Inc., The Kraft Heinz Company, The Kroger Co., Windmill Organics Ltd., and Yichang Tianyuan Canned Food Co., Ltd.

Market Segmentation & Coverage

This research report categorizes the Canned Legumes Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Black Beans
• Garbanzo Beans
• Kidney Beans
• Lima Beans
• Navy Beans
• Pinto Beans
• Category
• Conventional
• Organic
• Distribution Channel
• Offline
• Convenience Stores
• Supermarkets & Hypermarkets
• Online
• Company-owned Websites
• eCommerce Platforms

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year