Dehydrated Green Beans Market - Forecast(2023 - 2028)
Dehydrated Green Beans Market Overview
The Dehydrated Green Beans Market size is estimated to reach $3.7 billion by 2027. Furthermore, it is poised to grow at a CAGR of 3.8% over the forecast period of 2022-2027. Dehydrated green beans are a healthy alternative to potato chips and are low in calories, fat, and sodium and high in fiber. The rapid rise in consumer focus on healthy choices and subsequent dietary assessments has paved the way for advances in healthy and wholesome foods. Dehydrated vegetables are being perceived to be the perfect fit for the young population for meeting nutritional requirements and an ideal convergence of health, taste, and convenience. French beans and string beans are increasingly being adopted across the world owing to the growing demand for dehydrated vegetables in healthy snack products. The rise in the adoption of freeze-drying technologies for dehydrating vegetables, and the growing availability of dehydrated green beans in various forms are contributing to the growth of the Dehydrated Green Beans Market.
The robust focus on developing dehydrated vegetables for various applications based on the tastes of the consumers are some of the factors driving the Dehydrated Green Beans Industry forward in the projected period of 2022-2027.
Dehydrated Green Beans Market Report Coverage
The report: “Dehydrated Green Beans Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Dehydrated Green Beans Market.
By Nature: Organic and Conventional.
By Form: Mined and Chopped, Powdered and Granules, and Flakes.
By Technology: Freeze Drying, Spray Drying, Air Drying, Vacuum Drying, and Others.
By Distribution Channel: Supermarkets/Hypermarkets, Online Channels, Convenience Stores, and Others.
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and the Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), and Rest of the World (the Middle East, and Africa).
Key Takeaways
- Geographically, North America held a dominant market share in the year 2021. It is owing to the growing adoption of dehydrated green beans for healthy snacks in the United States. Moreover, the increasing demand for French beans and string beans is further propelling the demand for Dehydrated Green Beans. Additionally, North America is expected to offer lucrative growth opportunities to marketers owing to the growing research and development activities to develop dehydrated vegetables for various applications.
- The robust growth in the Supermarkets/Hypermarkets, Online Channels, Convenience Stores, and Others are driving the Dehydrated Green Beans Market. However, the lack of adequate storage and preservation is one of the major factors impeding the Dehydrated Green Beans market growth.
- A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Dehydrated Green Beans Market Report.
Dehydrated Green Beans Market: Market Share (%) by Region, 2021
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Dehydrated Green Beans Market Segmentation Analysis- By Technology
The Dehydrated Green Beans market based on the technology can be further segmented into Freeze Drying, Spray Drying, Air Drying, Vacuum Drying, and Others. The Spray Drying segment held a dominant market share in the year 2021. This is owing to the factors such as the rise in the adoption of spray drying technology for dehydrated vegetables and an increase in awareness about the benefits of spray drying for dehydrated vegetables. The growing demand for spray drying for dehydrating string beans is driving the growth of the Dehydrated Green Beans Market.
However, Freeze Drying is estimated to be the fastest-growing, with a CAGR of 4.2% over the forecast period of 2022-2027. This growth is owing to the factors such as the increase in the demand for freeze-drying technology for French beans and the rise in investment by the key players to develop advanced freeze-drying technologies.
Dehydrated Green Beans Market Segmentation Analysis- By Distribution Channel
The Dehydrated Green Beans market based on the Distribution Channel can be further segmented into Supermarkets/Hypermarkets, Online Channels, Convenience Stores, and Others. The Supermarkets/Hypermarkets segment held a dominant market share in the year 2021. The growing demand for healthy snack products is propelling the growth of the market. The increasing availability of various french beans and healthy snacks based on the needs of the consumers in supermarkets and hypermarkets is further driving the growth of the Dehydrated Green Beans Market.
However, the Online Channels segment is estimated to be the fastest-growing, with a CAGR of 4.4% over the forecast period of 2022-2027. It is owing to the advancements in technology and the growing adoption of dehydrated vegetables on online channels. According to the latest Gallup poll, 9% of consumers in the United States buy grocers online at least once a month.
Dehydrated Green Beans Market Segmentation Analysis- By Geography
The Dehydrated Green Beans market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held a dominant market share of 35% in the year 2021 as compared to its other counterparts. It is owing to the rise in the demand for French beans and string beans, and the rise in awareness about the health benefits of dehydrated vegetables. The factors, such as the rise in the availability of dehydrated vegetables in the region and the growing adoption of healthy snack products among the young population are further propelling the growth of the Dehydrated Green Beans Market. Additionally, the region has started to demand ingredients/ inputs which are “vegetarian” in nature and support the overall benefit of the supply and value chain.
Dehydrated Green Beans Market Drivers
The Growing Demand for Green Beans in Developed Nations has readily aided the market growth.
According to the United States Department of Agriculture (USDA), the average production of snap green beans in the United States each year is almost 800,000 tons. Green beans are the third most popular vegetable grown in backyard gardens in the country, after peppers and tomatoes. The rise in the adoption of processed foods is propelling the demand for dehydrated vegetables, which in turn is driving the growth of the Dehydrated Green Beans Market. Additionally, owing to COVID-19, various forms of hobbies have partaken among the general population, of which one of them is household farming, which has served as a strong impetus to the market. Moreover, by greater adoption of such green beans at household levels, the industrial demand would cater to grow up- as household production has a short threshold.
The Rise in the Adoption of freeze-drying technology has enhanced the growth of the Dehydrated Green Beans Market.
According to the National Center for Biotechnology Information (NCBI), Freeze Drying Technology has the ability to reduce the moisture content of vegetables and grains to 5.19% from 90.02% of fresh vegetables and grains. Freeze Drying is one of the most widely used technology for converting liquid food products into powdered and dried forms. The key players across the world are increasingly adopting freeze-drying and spray drying for dehydrated vegetables and grains owing to their short time and low heat combination that leads to a quality product, which is further propelling the growth of the Dehydrated Green Beans Market.
Dehydrated Green Beans Market Challenges
The Lack of Adequate Storage and Preservation is impeding the market growth.
Around 30% of the vegetables and fruits produced in emerging countries and over 60 million tonnes of fruits and vegetables produced in India are lost every year owing to the lack of adequate storage and preservation. This amounts to a huge post-harvest loss of food and farm income. Apart from the rotting of perishables, farmers also come under pressure to sell the product below the market rates, which is one of the major factors that is estimated to reduce the growth of the Dehydrated Green Beans Market. Moreover, slight disruptions in the supply chain and damage due to heavy rains in recent years have resulted in a spurt in prices.
Dehydrated Green Beans Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Dehydrated Green Beans Market. The top 10- Dehydrated Green Beans Market companies are-
- Garlico Industries Ltd
- BC Foods
- HSDL Innovative Private Limited
- Colin Ingredients
- Freeze-Dry Foods GmbH
- F. R. Benson & Partners Limited
- Silva International, Inc.
- Van Drunen Farms
- Green Rootz
- Wicked Kitchen
Recent Developments
- In April 2022, Wicked Kitchen in the U.S. launched the first-ever exclusive line of lupinin green-bean-based ice cream pints. The launch will roll out in 2,200 Kroger Stores and Kroger Banenrs, which would also include Vanilla, Chocolate, Mint Chocolate Chip, and Cookie Dough pints; Chocolate & Almond and Berry White stick pops; and Chocolate & Red Berry cones.
- In August 2019, Van Drunen Farms has entered into a partnership with SouthAm Freeze Dry whereby Van Drunen Farms will take a majority stake in SouthAm. This partnership is aimed to better position both SouthAm and Van Drunen Farms, offering substantial benefits for the customers. The company has invested in SouthAm a key competitive advantage for dehydrating fruits, vegetables, and grains in the functional food, and supplement spaces.
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LIST OF TABLES
LIST OF FIGURES
1.US Dehydrated Green Beans Market Revenue, 2019-2024 ($M)2.Canada Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
3.Mexico Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
4.Brazil Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
5.Argentina Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
6.Peru Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
7.Colombia Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
8.Chile Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
9.Rest of South America Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
10.UK Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
11.Germany Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
12.France Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
13.Italy Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
14.Spain Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
15.Rest of Europe Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
16.China Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
17.India Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
18.Japan Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
19.South Korea Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
20.South Africa Dehydrated Green Beans Market Revenue, 2019-2024 ($M)
21.North America Dehydrated Green Beans By Application
22.South America Dehydrated Green Beans By Application
23.Europe Dehydrated Green Beans By Application
24.APAC Dehydrated Green Beans By Application
25.MENA Dehydrated Green Beans By Application
26.Competition Landscape, Sales /Revenue, 2015-2018 ($Mn/$Bn)