Global Bean Flour Market to Reach $8.1 Billion by 2030
The global market for Bean Flour estimated at US$4.4 Billion in the year 2023, is expected to reach US$8.1 Billion by 2030, growing at a CAGR of 9% over the period 2023-2030. Conventional Bean Flour, one of the segments analyzed in the report, is expected to record 8.1% CAGR and reach US$4.4 Billion by the end of the analysis period. Growth in the Organic Bean Flour segment is estimated at 10.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 13.3% CAGR
The Bean Flour market in the U.S. is estimated at US$1.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 13.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.
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