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Global Fava Beans Market 2019-2023

  • Published: Dec 2018
  • Pages: 107
  • SKU: IRTNTR30563
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The global fava beans market size will grow by USD 84.07 million during 2019-2023. This report offers an analysis of the market based on product (whole fava beans and powdered fava beans) and geography (the Americas, APAC, and EMEA). The fava beans market research report further analyzes the market’s competitive landscape and offers information on several companies including Bob’s Red Mill Natural Foods, Fresh Del Monte Produce, Goya Foods, Greenyard, and Simplot Australia.

Below are some of the key findings from the fava beans market research report

Fava Beans Market

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Global fava beans industry overview

The high nutritional benefits of fava beans and growing health awareness is one of the primary factors driving the global fava beans market growth. Fava beans are rich in vitamin A and soluble fiber that helps in digestion. They have a high concentration of vitamin K, potassium, copper, zinc, manganese, vitamin B-6, selenium, and thiamin and are beneficial for a healthy heart and brain. Eating fava beans also promotes cardiovascular health, helps in mitigating Parkinson’s disease, and prevents congenital disabilities. These health benefits are enhancing their growing consumption among health-conscious consumers and is driving the fava beans market growth.

The growing popularity of plant-based proteins is one of the key fava beans market trends which will further stimulate market growth. The growing vegan population has resulted in the increased consumption of fava beans as they provide almost 25% of one’s daily requirement of protein intake. This is encouraging vendors to prepare protein concentrates and extracts from fava beans, which then are used in nutraceuticals and in fortifying foods. The fava beans market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 2% during the forecast period.

Top fava beans companies covered in this market research report

The fava beans market is moderately fragmented and in the growth phase. As a differentiation strategy, the fav bean vendors are collaborating with packaging companies to introduce new packaging formats for their products. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this fava beans industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • Bob’s Red Mill Natural Foods
  • Fresh Del Monte Produce
  • Goya Foods
  • Greenyard 
  • Simplot Australia

Fava beans market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

Global fava beans market analysis reveals that the APAC region will lead the fava beans market share till the end of the forecast period. The Americas will account for the highest fava beans market growth throughout the forecast period.

Fava beans market segmentation based on product

  • Whole fava beans
  • Powdered fava beans

Whole fava beans will continue to dominate the fava beans market share during the forecast period. Organic fava beans will account for the highest fava beans market growth. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the fava beans market size.

Key highlights of the global fava beans market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the fava beans market during the next five years
  • Precise estimation of the global fava beans market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the fava beans industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of fava beans companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Whole fava beans - Market size and forecast 2018-2023
  • Powdered fava beans - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growth in e-commerce and online grocery delivery services
  • Increasing popularity of plant-based proteins
  • Packaging innovation

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bob’s Red Mill Natural Foods
  • Fresh Del Monte Produce
  • Goya Foods
  • Greenyard 
  • Simplot Australia

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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