Legumes Market Analysis and Forecast by 2031

MARKET INTRODUCTION

A legume is an agricultural plant in the family called Fabaceae or Leguminosae. Legumes are grown primarily for human consumption, for livestock forage and silage, and as soil-enhancing green manure. Most of the legumes contain symbiotic bacteria called Rhizobia within root nodules of their root systems, which helps in nitrogen fixation in soil. Some of the well-known legumes include alfalfa, clover, beans, peas, chickpeas, lentils, lupins, mesquite, carob, soybeans, peanuts, and tamarind. Farmed legumes belong to many agricultural classes, including forage, grain, blooms, pharmaceutical/industrial, fallow/green manure, and timber species. Many legumes are a significant source of protein, dietary fiber, carbohydrates, and nutrition minerals. For instance, a 100 gram of cooked chickpeas contains 18 percent of the daily value of protein, 30 percent daily value of dietary fiber, 43 percent DV for folate and 52 percent DV for manganese.

MARKET DYNAMICS

The legumes market has witnessed significant growth owing to factors such as an increase in the consumer demand for plant-based protein. Along with providing high protein & essential vitamins, legumes are affordable and non-perishable in nature, which is further driving the demand for this market. In addition to that, there is an increasing demand among consumers with specific dietary & nutritional requirements, such as athletes are pushing the legume-based food products. This is again influencing the legumes market. However, climatic changes hamper the cultivation of legumes, which has impacted the growth of legumes market. Also, fluctuation in the prices of different types of legumes has had an impact on the growth of this market. Nevertheless, with the robust growth in the agriculture industries, there is an opportunity for the market players to invest in the legumes market.

MARKET SCOPE

The "Global Legumes Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the legumes market with detailed market segmentation by product type, distribution channel, and geography. The global legumes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading legumes market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global legumes market is segmented on the basis of type. On the basis of type, the legumes market is segmented into beans, soybean, chickpea, pea, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global legumes market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The legumes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the legumes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the legumes market in these regions.

MARKET PLAYERS

The reports cover various key developments in the global legumes market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from legumes market are anticipated to lucrative growth opportunities in the future with the rising demand for legumes in the global market. Below mentioned is the list of few companies engaged in the legumes market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the legumes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  A and B Ingredients
•  AcerChem International Inc.
•  Anchor Ingredients
•  Archer Daniels Midland Company
•  Ashley-Martin Manufacturing
•  Batory Foods
•  Best Cooking Pulses, Inc.
•  Cargill Incorporated
•  E. I. Du Pont De Nemours and Company
•  Ingredion Incorporated

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Legumes Report Scope