Canned Pulses Market Insights
The global canned pulses market is set to grow significantly, reaching $4.2 billion by 2030. Currently valued at $3.1 billion in 2023, it is projected to grow at an annual rate of 4.5% over the next seven years. Canned beans, a key segment, will grow at 4.2% annually to reach $1.9 billion by 2030. The canned chickpeas segment is expected to grow even faster, at 4.9%.
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Canned Pulses Market Share by Key Players
- Kyknos
- Banmai
- Casual Spain
- Fujian Chenggong Canned Food
- Satko Sarl
- Ukraininan Canning House
- Hodmedod
- Goya
- John Copes Corn
- Lee Manufacturing Company
- Superkrauts
- Jake & Amos
- Van Camps
- Del Monte
Important factors like strategic developments, government regulations, market analysis, end users, target audience, distribution network, branding, product portfolio, market share, threats and barriers, growth drivers, latest trends in the industry are also mentioned.
Canned Pulses Market Segmentation
The report on Global Canned Pulses Market provides detailed segmentation by type, applications, and regions. Each segment provides information about the production and manufacturing during the forecast period of 2024-2032. The application segment highlights the applications and operational processes of the industry. Understanding these segments will help identify the importance of the various factors aiding to the market growth.
The report is segmented as follows:
- Segmentation By Type
- Fat Free (<0.5g)
- Low Fat (3g)
- Segmentation By Application
- Daily Usage
- Food Industry
Canned Pulses Market Segmentation by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Brazil
- Middle East & Africa
- UAE
- Kingdom of Saudi Arabia
- South Africa
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The market research report on the Global Canned Pulses Market has been carefully curated after studying and observing various factors that determine the growth, such as environmental, economic, social, technological and political status of the regions mentioned. Thorough analysis of the data regarding revenue, production, and manufacturers gives out a clear picture of the global scenario of the Canned Pulses Market. The data will also help key players and new entrants understand the potential of investments in the Global Canned Pulses Market.
Key Highlights
- U.S. Market: Estimated at $820.5 million in 2023.
- China: Expected to grow at a rapid 7% annually, reaching $913.4 million by 2030.
- Other Regions: Japan and Canada will see growth of 2.7% and 3.6%, respectively, while Germany will grow at 3.3%. In the Asia-Pacific, markets like Australia, India, and South Korea will contribute to a projected total of $578.1 million by 2030.
Global Economic Outlook for 2024:
Next year will be marked by economic instability due to geopolitical tensions, higher interest rates, and climate disasters. Despite these challenges, positive trends like disinflation, supply chain recovery, and price stabilization are emerging. Global elections in key markets like India and the U.S. will influence capital flows and investment. While Europe faces recession risks, China’s growth could be bolstered by government and consumer spending.
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