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Bean Flour Market Trends

Report ID: GMI11629
Published Date: Sep 2024
Report Format: PDF

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Bean Flour Market Trends

Consumers are increasingly seeking organic and non-GMO food products, including bean flours, due to concerns over the long-term health impacts of genetically modified foods and synthetic chemicals. Organic bean flour, free from pesticides and herbicides, has become a rapidly growing segment in the market. Companies are diversifying their product portfolios by introducing innovative food products made from bean flour. Bean-based pasta, snacks, and ready-to-eat meals are becoming more prevalent, attracting consumers who desire both convenience and nutrition.

Additionally, blending bean flour with other flours to enhance protein content and nutritional value is an emerging trend. Consumers are becoming more health-conscious, seeking foods with high protein, fiber, and other essential nutrients. Bean flour offers these benefits, contributing to its increasing incorporation into functional foods designed to meet specific dietary needs, such as high-protein and high-fiber products.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of bean flour reached USD 2.9 billion in 2023 and is set to grow at a 6.8% CAGR from 2024 to 2032, led by increasing consumer preferences for gluten-free, high-protein, and plant-based products.

The black bean flour segment held USD 535.5 million in 2023 and is anticipated to expand at a 7.1% CAGR during 2024-2032, due to its nutrient-rich profile, particularly its high fiber and protein content, appealing to health-conscious consumers and finding increasing use in gluten-free baking and plant-based snacks.

The bean flour market size from the food & beverage segment was valued at USD 2.2 billion in 2023 and is expected to grow at a 7% CAGR from 2024 to 2032.

The supermarkets/hypermarkets segment was valued at USD 1 billion in 2023 and is projected to grow at a 7.2% CAGR from 2024 to 2032. Supermarkets and hypermarkets remain the primary distribution channels for bean flour, offering a wide range of options to consumers seeking gluten-free, vegan, or specialty flours.

The North America market was valued at USD 1.1 billion in 2023 and is expected to grow at a 7.4% CAGR, driven by strong consumer demand for gluten-free and plant-based products.