Worldwide Legumes Market Forecast 2019-2023: Key Players are Archer Daniels Midland, B&G Foods, Conagra Brands, Eden Foods, and General Mills - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 6, 2019--The “Global Legumes Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The legumes market will register a CAGR of nearly 6% by 2023.
High consumption of legume-based snacking items to drive market growth
Legume is widely used by consumers for the preparation of snacking items. Legumes such as chickpeas, peas, and beans are considered healthy snacking items. For instance, chickpeas are healthy snacks and simple to prepare. They are easy to prepare at home by adding spices and are also readily available in the market as ready-to-eat products.
Increasing demand for healthy diet
The past three years have witnessed a drastic rise in the occurrence of health problems such as digestive disorders, diabetes, and obesity in the global population. This has made people health conscious and is pushing them to follow a healthy diet. Thus, the demand for legumes is rising as they prevent and reduce the onset of various health issues.
Product recalls due to risk of allergies
Many individuals may experience allergic reactions after consuming legumes or foods containing legume ingredients. Reactions can be severe and can include anaphylaxis. The market saw several products recalls in recent times, which are expected to affect the market growth and lower consumer trust in lupin products.
The market appears to be fragmented and with the presence of several companies including EDEN FOODS and General Mills, the competitive environment is quite intense.
Key PlayersArcher Daniels Midland B&G Foods Conagra Brands Eden Foods General Mills
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 06: MARKET SEGMENTATION BY TYPEComparison by type Beans - Market size and forecast 2018-2023 Peas - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic comparison South America - Market size and forecast 2018-2023 North America - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 MEA - Market size and forecast 2018-2023 Europe - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDSHigh consumption of legume-based snacking items Growing popularity of veganism Growing sales through online channels
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Archer Daniels Midland B&G Foods Conagra Brands Eden Foods General Mills
For more information about this report visit https://www.researchandmarkets.com/research/p22sxg/worldwide_legumes?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190206005457/en/
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Related Topics:Cereals, Grains and Pulses
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 02/06/2019 10:12 AM/DISC: 02/06/2019 10:12 AM