Global Legumes Market 2021-2025
Technavio has been monitoring the legumes market and it is poised to grow by $ 17.22 bn during 2021-2025 progressing at a CAGR of 5% during the forecast period. Our report on legumes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of legumes for various applications, increasing demand for healthy diet and growing consumption due to health benefits. In addition, increasing adoption of legumes for various applications is anticipated to boost the growth of the market as well.
The legumes market analysis includes type segment and geographical landscapes.
Technavio's legumes market is segmented as below:
By Geographical Landscapes
- South America
- North America
This study identifies the high consumption of legume-based snacking items as one of the prime reasons driving the legumes market growth during the next few years. Also, growing popularity of veganism and growing sales through online channels will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on legumes market covers the following areas:
- Legumes market sizing
- Legumes market forecast
- Legumes market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading legumes market vendors that include Archer Daniels Midland Co., B&G Foods Inc., Bean Growers Australia Ltd., Cargill Inc., Conagra Brands Inc., Eden Foods Inc., General Mills Inc., Ingredion Inc., Nomad Foods Ltd., and Olam International Ltd.. Also, the legumes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.