Global Bambara Beans Market to reach USD XXXX billion by 2027.Global Bambara Beans Market is valued approximately USD XXXX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XXXX % over the forecast period 2021-2027. Bambara Beans are chickpea sized, hard, round seeds that, like peanuts, ripen underground. The seeds vary in color from black, dark brown, red, white, cream or a combination of these colors. Bambara beans have a nutty, earthy flavor not unlike a cross between a chickpea and a pinto bean. The demand for the market is driven by the rise in the demand for plant-based food products. For Instance: as per the good food institute (GIF), on April 6th 2021, the survey shows that grocery sales of plant-based foods that directly replace animal products have grown 27 percent in the year 2019 was $7 billion. Furthermore, rapid increase in consumer trends and rise in preference are also driving the growth for the Bambara beans market. Also, the rise in focus to minimize the consumption of meat products and increasing consumer awareness about the benefits of Bambara beans is expected to create new opportunity for the market in the forecasted period. However, weather uncertainty is one of the major limitations of the market which impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Bambara Beans market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific leads the region across the world in terms of market share owing to the increase in per capita consumption of grains and pulses. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rise in awareness regarding the health benefits of bambara nuts among the consumers.
Major market player included in this report are:
African Flavour's
AGRONUTS S.A.
Believe in Bambara
TH and NH Trading Pty Ltd
Amafu Stock Trading
Elite Trading Company
Zhengzhou Taizy Trading Co., Ltd., etc.
God's Time FOB Leader Foods
Esapa Holdings
Rachana Seeds Industries Pvt. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Wild
Cultivated
By Nature:
Organic
Conventional
By Type:
Whole
Flour
Split
By Application:
Home Uses
Processed Foods and Oil
Animal Feed
Medicinal Use
Other
By End Use Application:
B2B
Household/Retail
Food Service
Institutional
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Bambara Beans Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers