Global Bambara Beans Market, By Product Type (Wild, Cultivated), Nature (Organic, Conventional), Form Type (Whole, Flour, Split), Application (Home Uses, Processed Foods and Oil, Animal Feed, Medicinal Use, Others), End Use Application (B2B, Household/Retail, Food Service, Institutional), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Bambara Beans Market
The Bambara beans market size is expected to reach USD 0.177 million by 2028 and is likely to grow at a compound annual rate of 5.8% in the forecast period 2021 to 2028. The for rise in the usage of bambara beans for sustainable nutrition and food security purposes is the factor responsible for the growth of bambara beans market in the forecast period of 2021 to 2028.
Bambara beans are the type of chickpea sized, hard, round seeds that, such as peanuts, and ripen underground. The seeds vary in color from black, red, dark brown, white, cream or a combination of these colors. Bambara beans have a nutty, earthy flavor not unlike a cross between a chickpea and a pinto bean.
The major growing factor towards bambara beans market is the rapid change in the lifestyle. Furthermore, the rapidly evolving consumer trends and rise in preferences are also expected to heighten the overall demand for bambara beans market over the forecast period of 2021 to 2028. Moreover, the rise in the demand for plant-based food products, veganism and large number of health-conscious consumers are also expected to serve as foremost drivers for the bambara beans market at a global level. In addition, the increase in the concerns regarding the negative effects of sugar on health is also lifting the growth of the bambara beans market.
However, the high uncertainty related to the weather is projected to act as a restraint towards the growth of Bambara beans market, whereas the lack in preference of the product can challenge the growth of the Bambara beans market.
Moreover, the rise in focus to minimize the consumption of meat products and increase in the awareness pertaining to the benefits of consuming Bambara beans are expected to further generate new opportunities for the Bambara beans market in the forecast period of 2021 to 2028.
This bambara beans market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Bambara beans market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bambara Beans Market Scope and Market Size
The Bambara beans market is segmented on the basis of product type, nature, form type, application and end use application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the Bambara beans market has been segmented into wild and cultivated.
- Based on nature, the Bambara beans market has been segmented into organic and conventional.
- On the basis of form type, the Bambara beans market has been segmented into whole, flour and split.
- Based on application, the Bambara beans market has been segmented into home uses, processed foods and oil, animal feed, medicinal use and others.
- The end use application segment of the Bambara beans market has been segmented into B2B, household/retail, food service and institutional. B2B has further been segmented into food and beverage industry, pharmaceutical industry, cosmetic industry, nutraceutical industry and animal feed industry. Household/retail has further been segmented into store based retail and online. Store based retail has further been sub-segmented into hypermarkets/supermarkets, convenience stores, mass grocery retailers, wholesale stores, departmental stores, food and drink specialty stores and other retail formats. Institutional has further been segmented into schools, universities and others.
Bambara Beans Market Country Level Analysis
The Bambara beans market is analyses and market size, volume information is provided by country, product type, nature, form type, application and end use application as referenced above.
The countries covered in the bambara beans market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific region leads the Bambara beans market because of the increase in the per capita consumption of grains and pulses. Middle East and Africa is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rise in the awareness regarding the health benefits of Bambara nuts.
The country section of the Bambara beans market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bambara Beans Market Share Analysis
The Bambara beans market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Bambara beans market.
The major players covered in the bambara beans report are African Flavour’s, AGRONUTS S.A., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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