Canned Beans Market

Canned Beans Market Outlook (2023 to 2033)

The global canned beans market is valued at US$ 5.65 billion in 2023 and is projected to reach US$ 15 billion by the end of 2033, expanding at a high-value CAGR of 10.3% from 2023 to 2033.

It is evident from the name itself that canned beans are dried beans that have been preserved and packaged in cans. The salt, water, and some preservatives used to keep them in the cans help maintain the beans' pigment, structure, and freshness. With canned beans, which are cooked beans, there are options for both offline and online marketing. Canned beans are considered to be nutrient-dense as they contain protein, carbohydrates, fiber, vitamin B, zinc, iron, potassium, phosphorus, and copper.

Growth of the canned beans market can be attributed to several major factors, including the development and expansion of the food and beverage industries. With a greater focus on innovation, this sector has seen an increasing demand for convenient and bottled packaged foods.

Consumers are becoming more aware of the various benefits that different types of beans can provide, and their increased purchasing power resulting from their rising disposable income has boosted sales of canned beans.

Report Attributes	Details
Market Size in 2022	US$ 5.11 Billion
Estimated Market Value (2023)	US$ 5.65 Billion
Projected Market Value (2033)	US$ 15 Billion
Global Market Growth Rate (2023 to 2033)	10.30% CAGR
Europe Market Growth Rate (2023 to 2033)	5.9%
Key Companies Profiled	Epicure Windmill Organic Limited American Garden ConAgra Foods, Inc. Bush Brothers & Company Van Camp's Luck's Bean Heinz Baked Beans Goya Foods Inc.

What are the Factors Responsible for the Growing Demand for Canned Food?

“Government Initiatives Promoting Consumption of Legumes Contributing to High Demand for Canned Beans”

Demand for canned legumes, which are abundant sources of organic proteins, has increased in response to consumers' growing health concerns. The popularity of ethnic foods is expected to drive up the demand for legumes and beans in the years to come. Government initiatives have encouraged the consumption of canned legumes in various regions, further contributing to the market's growth.

• For instance, in 2016, the UN General Assembly proclaimed the International Year of Pulses, which has enhanced awareness of the nutritional benefits of pulses, including beans and other legumes. These low-fat, cholesterol-free, and saturated-fat-free products have experienced a surge in demand, particularly among individuals following vegan and vegetarian diets.

As such, rapid growth of the global canned legume market is expected over the decade.

“Demand for Nutrient-rich Instant Food Growing Due to Rising Working Population”

Beans are a commonly consumed source of nutrition widely cultivated around the world. The rise of instant foods has revolutionized the food industry, making food packaging one of the most profitable sectors in the food and beverages industry. With the growing demand for processed canned beans, modern consumers are paying closer attention to the quality of the beans used in such products. Manufacturers are focusing on minimal processing of beans to meet the changing expectations of consumers.

Canned beans can be an effective replacement for dry packed beans, which contain solids and liquids known as brine, which, when taken in small amounts, raise sodium levels in the body. Eating canned beans improves diet quality and reduces health risks, but many customers are not familiar with the idea of dried beans.

Demand for canned food is on the rise because of lifestyle changes, an increase in the working population, rising health concerns, and a growing need for convenience food.

What is Hindering the Sales Growth of Canned Beans?

“Rising Incidence of Bean Allergies Restricting Sales of Canned Beans”

Because of their high sodium content, canned beans may not be a suitable option for people with hypertension or other health conditions. The high prevalence of bean allergies among consumers may pose a significant threat to the demand for canned beans. Fluctuations in the cost of raw materials and supply chain disruptions resulting from the COVID-19 pandemic may further limit sales of canned beans.

Increasing utilization of artificial tastes in canned beans, growing demand for fresh items, high costs associated with these products, and increased expenses related to R&D activities are likely to impede the expansion of the canned beans market over the coming years.

Country-wise Insights

What Makes the United States a Lucrative Market for Manufacturers of Canned Beans?

“Ease of Preparation and High Nutritional Value of Canned Beans Boosting Product Sales”

Demand for packaged and canned foods is growing in North America. The use of industrial applications by the food industry may be a significant contributor to high sales of canned beans during the forecast period. In recent years, processed beans and legumes have gained popularity among Americans due to their convenience and ease of use.

The popularity of canned beans in the United States has increased due to their affordability, ease of preparation, and nutritional value, leading consumers to incorporate them into their meals. Pinto, chickpeas, navy beans, black beans, and kidney beans are commonly consumed. Demand for canned beans in the United States is expected to be driven by a growing population and an increase in bean cultivation.

Efficient pricing and marketing strategies are expected to create lucrative opportunities for manufacturers of canned food products in the coming years. Due to hectic lifestyles and the expansion of market leaders’ R&D initiatives, the United States accounts for high sales of canned beans.

Which European Countries Account for High Demand for Canned Beans?

“Rising Adoption of Vegan Diets Driving Sales of Canned Beans in the Region”

Germany occupies a leading share of the market for canned beans in Europe, accounting for more than 25% of sales of canned beans in the region. Increasing preference for plant-based proteins over meat proteins has boosted the sales of canned beans in the country. In recent times, prepared kidney beans have gained significant popularity across Europe. The region is also at the forefront of the widespread adoption of plant-based and vegan dietary habits.

Sales of canned legumes are increasing as consumers’ preferences shift towards BPA-free packaging. The rising demand for plant-based protein as a substitute for meat protein has also contributed to the growth of this market. Processed kidney beans have become increasingly popular in the region due to their long shelf life and consumers’ preference for canned food, particularly beans driven by their high disposable incomes and willingness to spend on high-quality products.

Other prominent markets for canned beans in Europe are France, Belgium, the Netherlands, the United Kingdom, and Sweden.

How is Rising Consumer Awareness about Packaging in India Driving Market Expansion?

“Rapid Modernization and Innovative Packaging Fueling Demand for Canned Food in India”

The use of barcode technology and innovative packaging methods are projected to contribute to high sales of canned beans in India over the coming years as consumers will have easy access to information about the product, such as ingredient list and nutritional information. Consumer education is likely to play a crucial role in increasing the demand for canned beans in the country.

Sales of canned beans in India are projected to exhibit rapid progress during the forecast period due to increasing modernization, changing lifestyles, higher consumption of packaged food and beverages, and increasing disposable income.

Category-wise Insights

Why is Demand for Organic Canned Beans Growing Rapidly?

“Rising Awareness of Benefits of Sustainable Farming Contributing to High Sales of Organic Beans”

Demand for organic canned beans is expected to increase significantly as consumers become more conscious of the health and environmental impacts of conventional farming practices. Organic canned beans are produced without the use of synthetic fertilizers, pesticides, or radiation, which helps promote healthy ecosystems and the growth of crops without conventional chemical inputs.

Conventional crops are cultivated using several harmful chemicals to control pests and diseases and to improve soil fertility. Demand for organic canned beans is expected to be fueled by consumers' increasing desire for organic products, which are known to contain more nutrients than conventionally grown vegetables. This trend has resulted in a rise in the use of organic ingredients in newly launched food and beverages.

Which is the Most Widely Consumed Canned Bean Variety?

“Sales of Canned Kidney Beans Increasing Due to Their Cost-effectiveness”

Legumes are becoming increasingly popular due to their exceptional nutritional value. Processed beans are highly favored by consumers as they do not require boiling, peeling, or cleaning like raw beans. Kidney beans are the most commonly used beans in processed foods because they complement various cuisines and are also relatively healthy. Beans are a popular side dish as well. Growing demand for nutritious food, increasing popularity of ethnic dishes, and cost-effectiveness of kidney beans are responsible for their high sales.

• Goya Foods Inc. reported a 400% surge in sales of various canned beans in 2020, such as black beans, kidney beans, and pinto beans.
• Rancho Gordo experienced a significant increase in its daily orders, which escalated from 150 to 2,000.

Competitive Landscape

This unique company revenue and product analysis model reveals the competitive environment and market structure for canned beans. Bush Brothers and Company, Luck's Beans, Van Camp's, and Heinz Baked Beans are a few of the major companies in the canned beans market.

Recognized growth tactics employed by prominent players to enhance their market position include trends and analyses related to corporate buying and selling, product launches, and strategic alliances. Numerous European firms use locally sourced or indigenous beans to market their products. With this plan, they expect to boost their chances of participating in the local culinary craze.

• For instance, Siete Family Foods launched canned black beans in April 2022 to expand its product line. Natural pinto or black beans, avocado, Kosher-certified salt, natural chili, and organic red onion are some vegan options offered by the company.
• In April 2020, Serious Bean Co., the makers of Dr. Pepper Baked Beans, teamed up with the team at Dude Perfect, a Dallas/Fort Worth-based sports and entertainment brand, to create a tasty new flavor called Jalapeño & Bacon. This new product is now available both online and in stores.

Canned Beans Industry Segmentation

• By Type :

  • Kidney Beans
  • Lima Beans
  • Black Beans
  • Baked Beans
  • Others

• By Category :

  • Conventional
  • Organic

• By Distribution Channel :

  • Store-based (Supermarkets and Convenience Stores)
  • Non-store-based

• By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa