The global dehydrated & dried beans market size is set to undergo considerable expansion in the next few years owing to the numerous health benefits offered by dried beans, shares Fortune Business Insights™ in its report, titled “Dehydrated & Dried Beans Market Size, Share & Industry Analysis, By Form (Dehydrated Beans granules, Dehydrated Beans Powder) , By Technique (Spray-dried, Freeze-dried, Vacuum-dried, Others), By Application (Savory Snacks, Infant Foods, Soups & Sauces, Others) and Regional Forecast, 2020-2027”. According to an article published in the American Journal of Clinical Nutrition, beans contain a rich amount of essential micronutrients, including zinc, iron, magnesium, and potassium. Moreover, they are important sources of proteins in predominantly vegetarian diets worldwide. Most importantly, dried beans are the only plant foods that contain a substantial amount of lysine, a crucial amino acid necessary for building proteins in the body. In addition, dehydrated & dried beans are also rich in soluble and total fiber and in resistant starch, making them foods with low glycemic index. With health and wellness becoming the central area of concern worldwide during the current coronavirus pandemic, consumers are actively looking for foods that can provide sufficient nutrition as well as serve the need of snacking. This will create favourable conditions for this market to prosper.
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The Report Addresses the Following Questions:
- What are the primary growth drivers for this market?
- What challenges does the market face?
- Which are the top market trends and upcoming opportunities?
- Who are the major players and what are their key strategies?
- Which are the most promising regions for the market?
Increasing Adoption of Veganism to Boost Market Growth
One of the prominent factors driving the dehydrated & dried beans market growth is the increasing adoption of vegan diets around the globe. For example, according to surveys commissioned by The Vegan Society, the Food Standards Agency, and the National Center for Social Science Research, vegan population in Britain quadrupled between 2014 and 2019, rising from 150,000 in 2014 to 600,000 in 2019. Exclusive intake of plant-based foods can lead to a deficit of proteins in the body as foods derived from eggs and meats are known to be excellent sources of proteins and are hence widely consumed. For vegans, dehydrated & dried beans could prove to be a game-changer as these foods can provide the necessary nutrients to the body without compromising on vegan principles. Furthermore, beans can play an instrumental role in managing chronic conditions such as obesity and cardiovascular diseases. For example, a study conducted by the University of Otago in New Zealand found that consumption of low-glycemic index foods leads to a greater reduction in waist circumference, making them ideal options for overweight and obese people.
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Expansion of Food Retail Channels to Favor the Asia Pacific Market
Asia Pacific is expected to lead the dehydrated & dried beans market share in the upcoming years owing to the rapid expansion of online and offline food retail channels in the region. The proliferation of these networks is widening the availability of novel vegetarian food products across the region, which is further bolstered by the rising disposable incomes of consumers. Furthermore, the area under bean cultivation is also increasing in countries such as Myanmar and India, which augurs well for this market.
In North America, the demand and consumption of plant-based proteins is steadily growing as a result of the increasing prevalence of chronic diseases such as obesity and diabetes. The market in Europe is anticipated to chart an impressive growth trajectory on account of the escalating demand for vegan protein sources.
Key Players to Focus on Providing Unique Experiences to Customers
With vegetarian diets becoming popular around the world, the demand for novel naturally-sourced protein-rich snacks and foods is speedily rising. Key players in this market are capitalizing on this trend by developing and launching unique flavors and products to enhance the eating experience of customers.
- January 2020: Lupii, Steichen and Dempster’s new company, introduced protein bars made from the famous lupin beans, which traditionally grown and consumed in the Mediterranean region. The product has seen tremendous success in Europe and the company hopes to make an impact on the American market as well.
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List of Key Players Covered in the Dehydrated & Dried Beans Market Report:
- Dehydrates Inc.
- Harmony House Foods Inc.
- Silva International, Inc.
- Garlico Industries Ltd
- Hsdl Innovative Private Limited
- BC Foods
- Ruchi Foods LLP
- Van Drunen Farms
- Freeze-Dry Foods GmbH
- Colin Ingredients
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