The Latin America, Middle East and Africa Canned Legumes Market would witness market growth of 7.3% CAGR during the forecast period (2020-2026). Beans are a common form of nutritional value, as well as one of the most planted species in the world. Instant food, nevertheless, has taken the food industry by storm, and food packaging turns out to be one of the lucrative businesses in the food and beverage sector. Modern consumer demands and industrially processed beans have received a great deal of attention to increasing consumer needs for the consumption of processed canned beans.
Canned beans, consisting of solids and liquids known as brine, can prove a good substitute for dry bodies that improve sodium levels when consumed in small amounts. In addition, the consumption of dried beans develops good dietary quality and minimizes health risks. Nevertheless, several consumers are not familiar with the concept of dried beans.
It is of the utmost importance to increase the use of legumes and to introduce new legume-based products that will be cost-effective to low-income groups as a means of reducing poverty and reducing malnutrition. Protein-energy malnutrition (PEM) is a major nutritional condition impacting more than 170 million pre-school children and lactating women in developing African and Asian countries.
The pervasiveness of PEM can be related to various factors, such as the high price of animal protein (eggs, meat, and milk), a staple diet based on cereal, and the ever-increasing price of food commodities that are becoming unaffordable to lower-income groups. Although consumers have available high protein legumes, such as soybean or cowpea, their consumption rate exceeds their production rate, there is an ever-growing demand.
Based on Product, the market is segmented into Beans, Chickpeas, Peas and Other Products. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Canned Legumes Market in LAMEA is expected to register a CAGR of 13.2% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include The Hain Celestial Group, Inc., Del Monte Pacific Limited (Nutriasia, Inc.), Conagra Brands, Inc., General Mills, Inc., The Kraft Heinz Company, Eden Foods, Inc., Goya Foods, Inc., Bush Brothers and Company, Teasdale Foods, Inc., and Fujian Chenggong Canned Food Co., Ltd.
Market Segmentation:
By Product
By Distribution Channel
By Country
Companies Profiled
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