Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Faba Beans Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Faba Beans Market?
The historical growth trend in the Faba Beans Global Market Report 2025 market has been steady. The market size is expected to increase from $3.51 billion in 2024 to $3.58 billion in 2025, reflecting a compound annual growth rate (CAGR) of 2.1%.
What Is the Forecasted CAGR for the Faba Beans Market by 2029?
The market size for faba beans is projected to reach $4.23 billion in 2029, growing at a compound annual growth rate (CAGR) of 4.3%.
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What Are the Market Drivers in the Faba Beans Industry?
The key drivers in the faba beans market are:
• Increase in sustainability and eco-friendly production methods
• Rising prevalence of plant-based fermentation
• Growth in demand for clean label and natural ingredients
• Expansion of export opportunities in the global market
What Is the Segment-Wise Breakdown of the Faba Beans Market?
The faba beansmarket covered in this report is segmented –
1) By Nature: Organic, Conventional
2) By End Use: Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Infant Nutrition
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retailers, Other Distribution Channels
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Which Emerging Trends Are Driving Growth in the Faba Beans Sector?
The key trends in the faba beans market are:
• The trend towards sustainability and eco-friendly production methods is shaping the faba beans market.
• The user of plant-based fermentation is a significant emerging trend.
• The focus on clean label and natural ingredients is an important emerging trend in the market.
• Increased emphasis on probiotic and gut focused health is an emerging trend shaping the future market.
Which Companies Are Dominating the Faba Beans Market in Terms of Revenue?
Major players in the faba beans market are:
• Prairie Fava Ltd.
• Unigrain Pty Ltd
• Roland Beans
• Alberta Pulse Growers Commission
• Stamp Seeds Inc.
• Pawnee Buttes Seed Inc.
• Archer Daniels Midland Company
• Cargill Incorporated
• Bunge Limited
• AGT Food and Ingredients Inc.
• Ingredion Incorporated
• SunOpta Inc.
• The Scoular Company
• Roquette Frères
• Verdient Foods Inc.
• Grain Millers Inc.
• Best Cooking Pulses Inc.
• The Andersons Inc.
• Bonduelle Group
• Dakota Dry Bean Inc.
• Greenleaf Foods SPC
• JBS USA Holdings Inc.
• Seaboard Corporation
• Bean Growers Australia
• Mercer Foods
What Are the Regions Driving Demand in the Faba Beans Market?
Asia-Pacific was the largest region in the faba beans market in 2024
