Market Overview:
The global bean chips market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy snacks, increasing awareness about the health benefits of beans, and growing trend of snacking among consumers. The global bean chips market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into pinto beans, black beans, white beans. On the basis of application,the market is segmented into supermarkets & hypermarkets; independent retailer; online sales; others (such as institutional catering and food service).
Product Definition:
Bean Chips are a type of chip made from beans. They are often used as a healthy alternative to other types of chips.
Pinto Beans:
Pinto beans are small dried black soybeans that have been grown in America and Mexico. The growth factor in the market is their usage as a meat substitute. Pinto beans are used to prepare vegetarian burgers, which can be consumed by vegetarians and non-vegetarians alike. These pinto bean shaped products also find use as an alternative to ground beef in various dishes such as tacos, chili, soups & stews etc., which makes them extremely popular across the world.
Black Beans:
Black beans are the dried, black seeds of certain varieties of red kidney or brown soybeans. Black bean is a rich source of various nutritional ingredients such as fiber, iron, magnesium and protein. It also contains various phytochemicals such as carotenoids and polyphenols which act as antioxidants protecting cell damage from free radicals. The antioxidant properties help prevent cell damage caused by UV rays from skin contact to sun exposure for hair and skin.
Application Insights:
The supermarkets and hypermarkets segment led the global bean chips market in 2017. This is attributed to growing demand for packaged food products among consumers, especially in developed economies such as the U.S., Germany, and France. Moreover, increasing penetration of e-commerce platforms has enabled retailers to offer a wider range of products at lower costs than their offline counterparts.
The independent retailer segment is expected to register the fastest CAGR over the forecast period owing to rising consumer preference for purchasing from local sources who have direct contact with customers¢â‚¬â„¢ confidence level goes up significantly when buying from an independent retailer as compared with buying from a supermarket or hypermarket because they are more flexible in terms of price & quality relationships.
Regional Analysis:
North America dominated the global bean chips market in 2017. The U.S., in particular, is one of the largest consumers of packaged snacks and has a high preference for healthy snacking alternatives owing to increasing obesity levels among its population. This trend is projected to have a positive impact on the regional market over the forecast period.
Asia Pacific is expected to be one of the fastest-growing markets due to rising disposable income levels and changing food preferences among consumers, particularly in developing countries such as India and China. Furthermore, growing urbanization along with increased spending power are anticipated to contribute significantly toward industry growth over next eight years from 2018 through 2030 time frame. In addition, increasing health concerns regarding trans fats are also likely boost product demand across this region during same period scope document).
Growth Factors:
- Increasing demand for healthy snacks: The global Bean Chips market is witnessing a significant growth due to the increasing demand for healthy snacks. Bean Chips are a healthier alternative to traditional chips and are low in fat and calories. This is driving the demand for Bean Chips across the globe.
- Growing popularity of veganism: The growing popularity of veganism is another major growth driver for the global Bean Chips market. Veganism is a lifestyle choice that excludes all animal products, including meat, eggs, dairy products, and honey from one’s diet. As bean chips are made from beans, they are suitable for vegans and this is driving their demand worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bean Chips Market Research Report
By Type
Pinto Beans, Black Beans, White Beans
By Application
Supermarkets & Hypermarkets, Independent Retailer, Online Sales, Others
By Companies
PepsiCo, Hain Celestial, Way Better Snacks, Beanfields, Kellogg Company, Beanitos (The Good Bean)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Bean Chips Market Report Segments:
The global Bean Chips market is segmented on the basis of:
Types
Pinto Beans, Black Beans, White Beans
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets & Hypermarkets, Independent Retailer, Online Sales, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PepsiCo
- Hain Celestial
- Way Better Snacks
- Beanfields
- Kellogg Company
- Beanitos (The Good Bean)
Highlights of The Bean Chips Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pinto Beans
- Black Beans
- White Beans
- By Application:
- Supermarkets & Hypermarkets
- Independent Retailer
- Online Sales
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bean Chips Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bean chips are a type of chip made from dried beans. They are often deep-fried and served as an appetizer or snack.
Some of the major players in the bean chips market are PepsiCo, Hain Celestial, Way Better Snacks, Beanfields, Kellogg Company, Beanitos (The Good Bean).
The bean chips market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bean Chips Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bean Chips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bean Chips Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bean Chips Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bean Chips Market Size & Forecast, 2020-2028
4.5.1 Bean Chips Market Size and Y-o-Y Growth
4.5.2 Bean Chips Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pinto Beans
5.2.2 Black Beans
5.2.3 White Beans
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarkets & Hypermarkets
6.2.2 Independent Retailer
6.2.3 Online Sales
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bean Chips Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bean Chips Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pinto Beans
9.6.2 Black Beans
9.6.3 White Beans
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarkets & Hypermarkets
9.10.2 Independent Retailer
9.10.3 Online Sales
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pinto Beans
10.6.2 Black Beans
10.6.3 White Beans
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarkets & Hypermarkets
10.10.2 Independent Retailer
10.10.3 Online Sales
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pinto Beans
11.6.2 Black Beans
11.6.3 White Beans
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarkets & Hypermarkets
11.10.2 Independent Retailer
11.10.3 Online Sales
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pinto Beans
12.6.2 Black Beans
12.6.3 White Beans
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarkets & Hypermarkets
12.10.2 Independent Retailer
12.10.3 Online Sales
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pinto Beans
13.6.2 Black Beans
13.6.3 White Beans
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarkets & Hypermarkets
13.10.2 Independent Retailer
13.10.3 Online Sales
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bean Chips Market: Competitive Dashboard
14.2 Global Bean Chips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PepsiCo
14.3.2 Hain Celestial
14.3.3 Way Better Snacks
14.3.4 Beanfields
14.3.5 Kellogg Company
14.3.6 Beanitos (The Good Bean)
