Market Overview:
The global canned black beans 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 convenience foods, increasing urbanization, and growing disposable income. In terms of type, the dry beans segment is expected to dominate the global canned black beans market during the forecast period. This can be attributed to their longer shelf life as compared to wet beans and ease of storage and transportation. In terms of application, online segment is projected to witness higher growth than offline segment during the forecast period owing to changing consumer preferences for food products and increasing penetration of internet across regions. Geographically, North America is estimated account for highest share in terms of revenue in 2018 followed by Europe due with significant growth rates over the next few years owing high demand from developed countries such as U.S.
Product Definition:
Canned black beans are a type of pulse. They are small, dark, and kidney-shaped beans that have a creamy texture and a slightly bitter taste. Canned black beans can be used in recipes as they are, or they can be drained and rinsed before being added to dishes.
Dry Beans:
Dry beans are the unprocessed seeds of various types of beans, which are grown in pods. The major types of dry beans include navy, great northern, black and pinto. These products have a high content of protein and fiber with low-fat contents. Dry bean products provide essential nutrients such as iron, magnesium and copper along with other vitamins required for body functioning.
Wet Beans:
Wet beans are fresh, cooked green or yellow soybeans that have been shelled. They are sold in various forms such as pre-cooked (in the shell) and cook-yourself (with the pod). Wet beans can be used in place of kidney, bacon or any meat substitute. The nutritional value of wet beans is very high with protein and fiber content similar to meat.
Application Insights:
Offline canned black beans held the largest share of over 70.0% in 2017. The segment is driven by growing demand from countries, such as India, China and Mexico. Offline markets are still the most popular way to buy food products in developing countries like India and China due to the absence of sophisticated retail network and e-commerce platform. Moreover, increasing disposable income has boosted demand for foods with higher nutritional value among consumers across various age groups in these economies which supports market growth over the forecast period.
Online canned black beans market is expected to register a significant CAGR during the forecast period on account of growing penetration of online retailing coupled with rising awareness about health benefits associated with it such as lower cholesterol levels reduction in blood pressure maintenance of heart health etc., Furthermore, manufacturers are also involved into direct sales through their website eliminating any third party involvement which further boosts industry growth over the projected timeframe.
Regional Analysis:
North America dominated the global canned black beans market in 2017. The region is expected to witness a considerable growth rate of 5.8% from 2018 to 2030 owing to increasing consumer preference for healthy and nutritious food products with low calorie content, high nutritional value, and long shelf life. Furthermore, growing awareness regarding the health benefits of consuming canned foods will drive demand over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regional markets due to rising disposable income levels coupled with expanding middle-class population base in countries such as China and India that are major consumers of these products due to their lower prices compared with other imported packaged food items’ counterparts in supermarkets/ hypermarkets/ departmental stores. Moreover, increasing investments by key players such as PepsiCo Inc.; Cargill Inc.; Kellogg Co.,; Tyson Foods Inc.
Growth Factors:
- Increasing demand for convenience foods: The canned black beans market is driven by the increasing demand for convenience foods. This is because canned black beans are easy to store and can be used to prepare a variety of dishes quickly and easily.
- Rising popularity of Mexican cuisine: The popularity of Mexican cuisine is another key growth driver for the canned black beans market. This is because Mexican cuisine features many dishes that include black beans as a key ingredient, such as burritos, tacos, and enchiladas.
- Growing trend towards healthy eating: A growing trend towards healthy eating is also driving the growth of the canned black beans market. This is because canned black beans are a nutritious food that can be included in healthy diets without compromising on taste or flavor.
- Increasing number of vegetarians and vegans: The increasing number of vegetarians and vegans worldwide is also contributing to the growth of the canned black beans market, as these individuals often rely on plant-based proteins such asblack Beans for their dietary needs . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Canned Black Beans Market Research Report
By Type
Dry Beans, Wet Beans
By Application
Online, Offline
By Companies
Goya Foods, BUSH'S Beans, S&W Beans, Bonduelle Group, Rosarita, Primo Foods
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Canned Black Beans Market Report Segments:
The global Canned Black Beans market is segmented on the basis of:
Types
Dry Beans, Wet 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
Online, Offline
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:
- Goya Foods
- BUSH'S Beans
- S&W Beans
- Bonduelle Group
- Rosarita
- Primo Foods
Highlights of The Canned Black Beans 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:
- Dry Beans
- Wet Beans
- By Application:
- Online
- Offline
- 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 Canned Black Beans 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.
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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?
Canned black beans are a type of canned beans that are typically made from black beans. They may also contain other ingredients, such as corn, tomato sauce, and spices.
Some of the major companies in the canned black beans market are Goya Foods, BUSH'S Beans, S&W Beans, Bonduelle Group, Rosarita, Primo Foods.
The canned black beans market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Canned Black Beans 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 Canned Black Beans Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Canned Black Beans 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 Canned Black Beans 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 Canned Black Beans Market Size & Forecast, 2018-2028 4.5.1 Canned Black Beans Market Size and Y-o-Y Growth 4.5.2 Canned Black Beans Market Absolute $ Opportunity
Chapter 5 Global Canned Black Beans 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 Canned Black Beans Market Size Forecast by Type
5.2.1 Dry Beans
5.2.2 Wet Beans
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Canned Black Beans 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 Canned Black Beans Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Canned Black Beans 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 Canned Black Beans 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 Canned Black Beans Analysis and Forecast
9.1 Introduction
9.2 North America Canned Black Beans 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 Canned Black Beans Market Size Forecast by Type
9.6.1 Dry Beans
9.6.2 Wet 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 Canned Black Beans Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
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 Canned Black Beans Analysis and Forecast
10.1 Introduction
10.2 Europe Canned Black Beans 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 Canned Black Beans Market Size Forecast by Type
10.6.1 Dry Beans
10.6.2 Wet 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 Canned Black Beans Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
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 Canned Black Beans Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Canned Black Beans 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 Canned Black Beans Market Size Forecast by Type
11.6.1 Dry Beans
11.6.2 Wet 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 Canned Black Beans Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
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 Canned Black Beans Analysis and Forecast
12.1 Introduction
12.2 Latin America Canned Black Beans 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 Canned Black Beans Market Size Forecast by Type
12.6.1 Dry Beans
12.6.2 Wet 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 Canned Black Beans Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
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) Canned Black Beans Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Canned Black Beans 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) Canned Black Beans Market Size Forecast by Type
13.6.1 Dry Beans
13.6.2 Wet 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) Canned Black Beans Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
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 Canned Black Beans Market: Competitive Dashboard
14.2 Global Canned Black Beans Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Goya Foods
14.3.2 BUSH'S Beans
14.3.3 S&W Beans
14.3.4 Bonduelle Group
14.3.5 Rosarita
14.3.6 Primo Foods