Bean Flour Market Size Worth $9.34 Billion By 2032 | CAGR: 7.1%

The global bean flour market size is expected to reach USD 9.34 billion by 2032, according to a new study by Polaris Market Research. The report “Bean Flour Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic, Conventional); By Application; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Beans are known as one of nature's healthiest foods because they are high in proteins, vitamins, minerals, and fiber. It is made up of grinding dried whole beans. Including beans in people's food intake is less preferable than it is with chips, protein bars, and chocolate cake. It is the use case of bean flour, which encourages indirect consumption of bean proteins and vitamins using bean flour in the production of snacks. According to the study published in BioMed Central in 2023, there is a growing production, distribution, and sale of plant-based products in the global market.

Bean flour exhibits the highest value when measuring tryptophan content per 100g of protein. Beans and chickpeas rank higher in this regard compared to peanuts, while broad beans, peas, lentils, and lupine flour tend to have lower levels. Factors such as weather patterns, precipitation levels, water sources, water quality, and the use of pesticides and fertilizers can significantly impact the quality of the beans used, thus affecting the overall quality of the bean flour. This substantial variable has the potential to impede the growth of the bean flour market.

Rising demand for clean-labelled products is driving demand for bean flour in the future. Furthermore, beans are a versatile product, allowing them to be used in a variety of applications, from cooking pasta to protein bars. Its nutritional content is driving its usage in new product innovations. Rising concerns about gluten-free products are encouraging consumers to prefer bean flour over wheat. This shift is contributing to the growing demand for bean flour in the coming years.

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Rising awareness of health and wellness among consumers is driving them to eat nutrient-dense and functional foods. It is rich in vitamins and proteins, which makes it a good alternative to traditional wheat flours. Scientists are focusing more on researching applications of bean flour. According to the study published in the American Journal of Clinical Nutrition in 2023, scientists created a new way of making bread by replacing regular wheat flour with cellular chickpea flour, which helped consumers feel fuller for longer. Rising innovations in finding the usage of bean flour in a wide range of disciplines are creating new growth potential for the bean flour market as they contribute to the increase in demand for bean flour in the coming years.

Bean Flour Market Report Highlights

• In 2022, the Organic segment held the fastest market share due to the shift in consumer preferences towards organic production.
• The Protein Bars segment accounted for the largest market share during the forecast period, owing to the rising demand for protein bars due to their convenience.
• North America accounted for the largest revenue share during the forecast period due to a surge in Plant-Based diets and related products.
• APAC witnessed the fastest growth rate in the study period, owing to rising preferences for snacks like noodles.
• The global players include Anthony's Goods, Blue Mountain Organics, Bob's Red Mill, and Green Image Organic Sdn. Bhd., King Arthur Baking Company, Nikken Foods, NutriCargo LLC, etc.

Polaris Market Research has segmented the bean flour market report based on product, nature, application, distribution channel and region:

Bean Flour, Product Outlook (Revenue - USD Billion, 2019 - 2032)

• Black Bean Flour
• White Bean Flour
• Red Bean Flour

Bean Flour, Nature Outlook (Revenue - USD Billion, 2019 - 2032)

• Organic
• Conventional

Bean Flour, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Protein Bars
• Confectionary
• Pasta
• Bakery
• Meat Products
• Pet Food
• Baby Food
• Snacks and Chips

Bean Flour, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

• Modern Trade
• Speciality Stores
• Online Stores
• Other Sales Channels

Bean Flour, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Bean Flour Market Report Scope