Global Faba Beans Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Protein Isolates, Protein Concentrates, Flour, and Others.

By Nature;

Organic and Conventional.

By End Use;

Food Processing - Bakery & Confectionery, Meat Alternatives, Functional Foods, Dairy Replacements, Infant Foods and Others, Animal Feed - Livestock, Cattle, Swine, Poultry, Pet Food and Aquafeed, Nutraceuticals, Sports Nutrition, and Infant Nutrition.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn441364927 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Faba Beans Market (USD Million), 2021 - 2031

In the year 2024, the Global Faba Beans Market was valued at USD 2,615.99 million. The size of this market is expected to increase to USD 3,101.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.5%.

The global faba beans market is witnessing notable growth due to the increasing demand for plant-based proteins and the rising awareness of sustainable agricultural practices. Faba beans, also known as broad beans, are an important leguminous crop known for their rich nutritional profile and versatility in various food applications. The market for faba beans is expanding as consumers and food manufacturers alike seek healthier, more sustainable alternatives to traditional protein sources. This growth is driven by the crop’s high protein content, dietary fiber, and essential nutrients, which cater to the increasing trend towards vegetarian and vegan diets.

Agricultural practices and advancements in farming technologies are pivotal in shaping the faba beans market. Improved crop management techniques, including the development of high-yielding and disease-resistant faba bean varieties, are enhancing productivity and expanding the crop’s cultivation areas. These innovations help meet the rising global demand while addressing challenges such as climate change and soil fertility. Additionally, government initiatives and support programs aimed at promoting legume cultivation and sustainable farming practices contribute to the market’s growth.

The faba beans market is also experiencing increased interest from the food industry due to the bean’s diverse applications. Faba beans are utilized in a variety of products, including plant-based meat alternatives, snack foods, and nutritional supplements. Their use in these products aligns with the growing consumer preference for health-conscious and environmentally friendly food choices. The versatility of faba beans as a key ingredient in both processed and fresh food products drives the market's expansion and offers numerous opportunities for innovation and product development.

Geographical trends play a significant role in the global faba beans market. Major producing regions include Europe, North America, and parts of Asia and Africa, each contributing to the global supply of faba beans. Regional market dynamics are influenced by factors such as local agricultural practices, market demand, and trade policies. For instance, Europe is a leading producer and consumer of faba beans, while emerging markets in Asia and Africa are progressively increasing their production capabilities to meet local and international demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Nature
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Faba Beans Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. High Nutritional Value
        2. Increasing Plant-Based Diet Trends
        3. Sustainable Crop for Farmers
        4. Growing Demand for Pulses
      2. Restraints
        1. Weather-Dependent Crop Yield
        2. Limited Consumer Awareness
        3. High Production Costs
        4. Vulnerability to Pests/Diseases
      3. Opportunities
        1. Expanding Market for Protein Alternatives
        2. Innovation in Food Products
        3. Government Support for Agriculture
        4. Export Growth Potential
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Faba Beans Market, By Type, 2021 - 2031 (USD Million)
      1. Protein Isolates
      2. Protein Concentrates
      3. Flour
      4. Others
    2. Global Faba Beans Market, By Nature, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    3. Global Faba Beans Market, By End Use, 2021 - 2031 (USD Million)
      1. Food Processing
        1. Bakery & Confectionery
        2. Meat Alternatives
        3. Functional Foods
        4. Dairy Replacements
        5. Infant Foods
        6. Others
      2. Animal Feed
        1. Livestock
        2. Cattle
        3. Swine
        4. Poultry
        5. Pet Food
        6. Aquafeed
      3. Nutraceuticals
      4. Sports Nutrition
      5. Infant Nutrition
    4. Global Faba Beans Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AGT Foods and Ingredients
      2. Bunge Limited
      3. Cargill, Incorporated
      4. Ingredion Incorporated
      5. Sakata Seed Corporation
      6. Lentils Incorporated
      7. The Greenfield Group
      8. Olam Group
      9. Farmers Business Network, Inc
      10. Pulse Canada
  7. Analyst Views
  8. Future Outlook of the Market