Market Overview:
The global fava bean protein market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The food segment is expected to account for the majority share of the global fava bean protein market during the forecast period. Among regions, North America is anticipated to dominate the global fava bean protein market throughout the forecast period. Some of the key factors that are expected to drive growth of the global fava bean protein market include increasing demand for plant-based proteins, rising awareness about health benefits associated with consumption of plant-based proteins and growing trend towards veganism/vegetarianism. Additionally, favourable government policies promoting use of plant-based proteins are also anticipated to fuel growth of this market in forthcoming years.
Product Definition:
Fava Bean Protein is a plant-based protein that is high in fiber and low in fat. It is a complete protein, meaning it contains all the essential amino acids needed to build muscle. Fava Bean Protein can be used as a supplement or ingredient in vegetarian and vegan recipes.
Organic:
Organic products are derived from agricultural products grown in eco-friendly ways. Organic foods have no harmful chemicals or synthetic additives added to them, and they are not genetically modified. These food items also do not contain any antibiotics, artificial flavors or animal by-products.
Oringnal:
Orindal is the advanced form of orin, which is extracted from the seeds of Fava Bean. It helps in boosting immunity and maintaining cardiovascular health by reducing blood pressure and cholesterol levels. Oringnal also reduces the risk of diabetes, cancer & other heart diseases due to its anti-oxidant properties that prevent cell damage.
The global oringnal market size was valued at USD 31 million in 2015.
Application Insights:
Food application led the global market and accounted for more than 70% of the total revenue share in 2017. The product is widely used as a food ingredient in various bakery & confectionery products, dairy products, snacks & cereals and other protein-rich foods. The growing vegan population across the world is expected to fuel demand over the forecast period.
The animal feed segment is projected to witness significant growth over the forecast period on account of increasing demand for high-quality proteins among livestock farmers globally. Favorable government regulations related to health & hygiene are also likely to drive industry expansion at a rapid pace during future periods.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing consumer awareness about protein supplements and increasing demand for organic products. The region is expected to maintain its dominance over the forecast period due to high animal feed production as well as consumption of processed food products. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rising product demand in countries, such as China, Japan, India and Australia. Moreover, growth in food processing industries will drive industry expansion over the coming years.
The presence of a large number of manufacturers coupled with growing exports from developed economies will boost industry growth further. In addition, favorable government regulations regarding product usage are anticipated to propel industry development at a faster pace than other regions during the forecast period. For instance; Favabasket Company Pvt Ltd., Andhra Pradesh Fava Bean Protein Extract Pvt Ltd., Sohalivit Products Pvt Ltd.
Growth Factors:
- Increasing demand for plant-based proteins: The global population is growing at a rapid pace and so is the demand for protein-rich foods. This is driving the growth of the fava bean protein market as it is a plant-based source of protein.
- Rising awareness about the health benefits of fava beans: Fava beans are rich in fiber, vitamins, and minerals, which makes them healthy for consumption. This has led to an increase in their popularity among consumers, thereby propelling the growth of the fava bean protein market.
- Growing trend of veganism and vegetarianism: A large number of people are now opting for vegan or vegetarian diets due to health concerns or ethical reasons. This is benefiting the fava bean protein market as these diets rely heavily on plant-based proteins like those found in fava beans.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fava Bean Protein Market Research Report
By Type
Organic, Oringnal
By Application
Food, Fodder
By Companies
Hill Pharma, Puris, Top Health Ingredients, Vestkorn, Roquette, Australian plant Proteins (APP), Marigot
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Fava Bean Protein Market Report Segments:
The global Fava Bean Protein market is segmented on the basis of:
Types
Organic, Oringnal
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
Food, Fodder
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:
- Hill Pharma
- Puris
- Top Health Ingredients
- Vestkorn
- Roquette
- Australian plant Proteins (APP)
- Marigot
Highlights of The Fava Bean Protein 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:
- Organic
- Oringnal
- By Application:
- Food
- Fodder
- 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 Fava Bean Protein 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
Fava bean protein is a plant-based protein that comes from the fava bean. Favas are a type of legume and contain high levels of fiber, which makes them an excellent source of plant-based protein. Fava beans are also low in calories and have a mild flavor, making them an ideal choice for those looking for a healthy vegan meal option.
Some of the key players operating in the fava bean protein market are Hill Pharma, Puris, Top Health Ingredients, Vestkorn, Roquette, Australian plant Proteins (APP), Marigot.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fava Bean Protein 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 Fava Bean Protein Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fava Bean Protein 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 Fava Bean Protein 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 Fava Bean Protein Market Size & Forecast, 2020-2028
4.5.1 Fava Bean Protein Market Size and Y-o-Y Growth
4.5.2 Fava Bean Protein 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 Organic
5.2.2 Oringnal
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 Food
6.2.2 Fodder
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fava Bean Protein 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 Fava Bean Protein 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 Organic
9.6.2 Oringnal
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 Food
9.10.2 Fodder
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 Organic
10.6.2 Oringnal
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 Food
10.10.2 Fodder
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 Organic
11.6.2 Oringnal
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 Food
11.10.2 Fodder
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 Organic
12.6.2 Oringnal
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 Food
12.10.2 Fodder
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 Organic
13.6.2 Oringnal
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 Food
13.10.2 Fodder
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 Fava Bean Protein Market: Competitive Dashboard
14.2 Global Fava Bean Protein Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hill Pharma
14.3.2 Puris
14.3.3 Top Health Ingredients
14.3.4 Vestkorn
14.3.5 Roquette
14.3.6 Australian plant Proteins (APP)
14.3.7 Marigot
