Canned Beans Market Outlook
Global Canned beans market Share is projected to be valued at USD 1.46 Billion by 2026 at a CAGR of three .47% between 2020 and 2026
Beans are available as both uncooked in sealed bags also as pre-cooked and cooked in tin cans. Canning of beans includes cleaning and classification of grains, hydration, manual or electronic classification after hydration, blanching, packaging, the addition of sauce or brine, seaming of cans, thermal processing, freezing, and labelling.
The Canned Beans Market Size is generally fueled by factors such as high shelf life, minimal preparation time, and maintained nutritional content. On the other hand, beans are among the most versatile and commonly consumed food across the world. Beans are a nutrient-rich food that contains a variety of vitamins, minerals, and several other nutrients such as protein, fiber, folate, iron, potassium, and magnesium while containing little or no total fat, trans-fat, sodium, and cholesterol. These factors are also expected to influence the global market growth during the forecast period.
Key Players of Canned beans market
The H. J. Heinz Company (US), Grandma Brown's Beans Inc. (US), Bush Brothers Company (US), BG Foods, Inc. (US), ConAgra Foods, Inc. (US), Del Monte Foods (US), American Garden (US)Windmill Organics Limited (UK), Bonduelle (France), Epicure (UK)
Rising Demand for Organic Products: Organic canned beans market is packed with organic beans grown in an organic environment without the use of artificial chemical substances, such as additives or pesticides and herbicides. Inorganic plantation, beans are grown with only organic fertilizers, such as worm castings, chicken or cow manure, or compost. Additionally, organic beans are richer in antioxidants and fiber as compared to conventional counterparts. The growing incidences of allergies and diseases caused by the harmful chemicals used as additives have created awareness for food safety among consumers. Owing to this, food products is expected to create a substantial growth opportunity for market players during the review period.
Non-Store-Based Distribution Channels Gaining Popularity Across the Globe: The non-store-based segment is projected to register a higher growth rate during the forecast period. Manufacturers of canned beverages are inclined towards non-store-based distribution channels for the extensive sales of their products. Moreover, the impact of COVID-19 has led to the implementation of lockdown in many of the countries and has resulted in the forced closure of retail stores. Companies are opting for online distribution platforms as they want to extend their consumer reach, considering the present situation. Also, consumers have access to a wide variety of products in terms of flavour variants, quantity, pack size, as well as several offers.
Regional Analysis
- North America
- The U.S.
- Europe
- Germany
- The U.K.
- France
- Asia Pacific
- China
- Japan
- Central South America
- Brazil
- Middle East Africa
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