[310 Pages Report] Global Bambara beans demand is expected to be valued at US$ 134 Million in 2022, rising at a CAGR of 7.2% to US$ 267.6 Million from 2022 to 2032. The market was valued at US$ 127 Million in 2021, and is expected to register a Y-o-Y growth rate worth 5.5% to reach US$ 134 Million.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | US$ 127 Million |
| Expected Market Value (2022) | US$ 134 Million |
| Anticipated Forecast Value (2032) | US$ 267.6 Million |
| Projected Growth Rate (2022 to 2032) | 7.2% CAGR |
Contrary to popular belief, Bambara Beans are not a neglected or underutilized species, but rather one of the world's top harvests. Bambara Bean is a low-cost, reliable farm resource that thrives in harsh environments where other crops fail.
Bambara Bean is a complete food with an average of 19% protein and 6.5 percent fat, making it an important source of dietary protein. Where it is grown, Bambara Bean is highly tolerant of poor soil quality and drought.
Bambara is particularly well-suited to low-input agricultural production systems in Sub-Saharan Africa's drought-prone regions. Bambara Bean leaves are high in potassium and thus an excellent source of animal feed. Because the beans are difficult to harvest mechanically, large-scale commercial farmers avoid growing them, making them an ideal crop for small-scale farmers.
Because of their high protein content and ability to improve digestion, Bambara Beans are widely used in food and beverages. Bambara bean seed is known to improve soil because it can fix nitrogen. Bambara bean nuts are also eaten as a snack, either salted or roasted.
According to a study conducted by Future Market Insights, consumer demand for Bambara Bean is expected to skyrocket due to its increasing applications in healthy foods and snacks.
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Subsistence farming is an essential component of long-term food security in several Sub-Saharan African nations. Environmental changes and fluctuating rainfall patterns have a significant impact on the growth of the African agriculture sector. However, a significant increase in the number of droughts and high weather uncertainty have harmed the agricultural sector's overall productivity in recent years.
As a result, agricultural organizations and policymakers are now focusing on maximizing the potential of underutilized crops such as Bambara beans for nutrition and food security, income generation in rural areas, and addressing economic and agronomic challenges.
Furthermore, research and development activities emphasize the promotion and cultivation of indigenous and drought-tolerant legumes, such as Bambara beans – a factor that is expected to boost the Bambara beans market during the assessment period. Farmers in Africa are focusing on Bambara bean utilization, conservation, and marketing to gain a competitive advantage in the current market landscape.
Many companies are still affected by supply chain disruption, manufacturing issues, and demand issues in the Bambara bean market. However, the emergence of new export destinations is expected to help the Bambara bean industry overcome supply disruptions.
Principal Consultant
Due to the higher per capita consumption of grains and pulses in the region, the Asia Pacific region is expected to remain the most profitable region compared to other regions during the forecast period. as the middle-class population grows and prefers Western diets to demonstrate their improving economic status Furthermore, the elderly population and obesity incidences in these regions are increasing at an alarming rate, particularly in countries such as India and China.
Over the forecast period, the Middle East and Africa region are expected to experience significant growth in the Bambara bean market value and worth. Farmers in several African countries are increasingly focusing on Bambara bean applications, storage, and marketing to gain a competitive advantage in the current market scenario.
Farmers in several African countries are increasingly focusing on Bambara bean applications, storage, and marketing to gain a competitive advantage in the current market scenario. Because Bambara Beans are primarily grown in African countries, the potential for growth in these countries is higher than in other regions.
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Some of the key players operating in the Bambara beans market, as profiled in the study, are:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 7.2% from 2022 to 2032 |
| Market Value in 2022 | US$ 134 Million |
| Market Value in 2032 | US$ 267.6 Million |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
FMI projects the global Bambara Beans market to expand at a 6% value CAGR by 2032
Asia Pacific is expected to be the most opportunistic Bambara Beans market, expanding at a 5% CAGR
Believe in Bambara, BUSH’S, Earth Expo Company, Henan Changling Food Co. Ltd., African Flavour’s and Elite Trading Company are some key Bambara beans manufacturers
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Nature
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Nature, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Nature, 2022-2032
5.3.1. Organic
5.3.2. Synthetic
5.4. Y-o-Y Growth Trend Analysis By Nature, 2017-2021
5.5. Absolute $ Opportunity Analysis By Nature, 2022-2032
6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Applications, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Applications, 2022-2032
6.3.1. Cooking Ingredient
6.3.2. Snack Foods
6.3.3. Dietary Supplements
6.3.4. Animal Feed
6.3.5. Flour
6.3.6. Dairy Alternative
6.4. Y-o-Y Growth Trend Analysis By Applications, 2017-2021
6.5. Absolute $ Opportunity Analysis By Applications, 2022-2032
7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Distribution Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Distribution Channel, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Distribution Channel, 2022-2032
7.3.1. Direct Sales
7.3.2. Indirect Sales
7.3.3. Hypermarkets/Supermarkets
7.3.4. Online Stores
7.3.5. Specialty Stores
7.3.6. Other Retailers
7.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2017-2021
7.5. Absolute $ Opportunity Analysis By Distribution Channel, 2022-2032
8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia & Pacific
8.3.6. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Nature
9.2.3. By Applications
9.2.4. By Distribution Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Nature
9.3.3. By Applications
9.3.4. By Distribution Channel
9.4. Key Takeaways
10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Mexico
10.2.1.2. Brazil
10.2.1.3. Rest of Latin America
10.2.2. By Nature
10.2.3. By Applications
10.2.4. By Distribution Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Nature
10.3.3. By Applications
10.3.4. By Distribution Channel
10.4. Key Takeaways
11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Russia
11.2.1.8. Rest of Europe
11.2.2. By Nature
11.2.3. By Applications
11.2.4. By Distribution Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Nature
11.3.3. By Applications
11.3.4. By Distribution Channel
11.4. Key Takeaways
12. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Nature
12.2.3. By Applications
12.2.4. By Distribution Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Nature
12.3.3. By Applications
12.3.4. By Distribution Channel
12.4. Key Takeaways
13. South Asia & Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. ASEAN
13.2.1.3. Australia and New Zealand
13.2.1.4. Rest of South Asia & Pacific
13.2.2. By Nature
13.2.3. By Applications
13.2.4. By Distribution Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Nature
13.3.3. By Applications
13.3.4. By Distribution Channel
13.4. Key Takeaways
14. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
14.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. Turkey
14.2.1.3. South Africa
14.2.1.4. Rest of MEA
14.2.2. By Nature
14.2.3. By Applications
14.2.4. By Distribution Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Nature
14.3.3. By Applications
14.3.4. By Distribution Channel
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. U.S.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Nature
15.1.2.2. By Applications
15.1.2.3. By Distribution Channel
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Nature
15.2.2.2. By Applications
15.2.2.3. By Distribution Channel
15.3. Mexico
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Nature
15.3.2.2. By Applications
15.3.2.3. By Distribution Channel
15.4. Brazil
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Nature
15.4.2.2. By Applications
15.4.2.3. By Distribution Channel
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Nature
15.5.2.2. By Applications
15.5.2.3. By Distribution Channel
15.6. Italy
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Nature
15.6.2.2. By Applications
15.6.2.3. By Distribution Channel
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Nature
15.7.2.2. By Applications
15.7.2.3. By Distribution Channel
15.8. U.K.
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Nature
15.8.2.2. By Applications
15.8.2.3. By Distribution Channel
15.9. Spain
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Nature
15.9.2.2. By Applications
15.9.2.3. By Distribution Channel
15.10. BENELUX
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Nature
15.10.2.2. By Applications
15.10.2.3. By Distribution Channel
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Nature
15.11.2.2. By Applications
15.11.2.3. By Distribution Channel
15.12. China
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Nature
15.12.2.2. By Applications
15.12.2.3. By Distribution Channel
15.13. Japan
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Nature
15.13.2.2. By Applications
15.13.2.3. By Distribution Channel
15.14. South Korea
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Nature
15.14.2.2. By Applications
15.14.2.3. By Distribution Channel
15.15. India
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Nature
15.15.2.2. By Applications
15.15.2.3. By Distribution Channel
15.16. ASEAN
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Nature
15.16.2.2. By Applications
15.16.2.3. By Distribution Channel
15.17. Australia and New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Nature
15.17.2.2. By Applications
15.17.2.3. By Distribution Channel
15.18. GCC Countries
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Nature
15.18.2.2. By Applications
15.18.2.3. By Distribution Channel
15.19. Turkey
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Nature
15.19.2.2. By Applications
15.19.2.3. By Distribution Channel
15.20. South Africa
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2021
15.20.2.1. By Nature
15.20.2.2. By Applications
15.20.2.3. By Distribution Channel
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Nature
16.3.3. By Applications
16.3.4. By Distribution Channel
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Believe in Bambara
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. BUSH’S
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. EARTH EXPO COMPANY
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Henan Changling Food Co. Ltd.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. African Flavour’s
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Elite Trading Company
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Bambara Beans Market
