Bambara Beans Market Snapshot (2022 to 2032)

Global Bambara beans demand is expected to be valued at USD 134 Million in 2022, rising at a CAGR of 7.2% to USD 267.6 Million from 2022 to 2032. The market was valued at USD 127 Million in 2021, and is expected to register a Y-o-Y growth rate worth 5.5% to reach USD 134 Million.

Report Attribute Details
Estimated Base Year Value (2021) USD 127 Million
Expected Market Value (2022) USD 134 Million
Anticipated Forecast Value (2032) USD 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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Which are Some Prominent Drivers Spearheading Bambara Beans Market Growth?

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.

What are the Challenges Faced by the Bambara Beans Industry?

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.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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Why is Asia-Pacific Emerging as an Opportunistic Bambara Beans Market?

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.

How is MEA Contributing to the Growth of the Bambara Beans Market?

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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Market Competition

Some of the key players operating in the Bambara beans market, as profiled in the study, are:

  • Believe in Bambara
  • BUSH’S
  • Earth Expo Company
  • Henan Changling Food Co. Ltd.
  • African Flavour’s
  • Elite Trading Company

Report Scope

Report Attribute Details
Growth Rate CAGR of 7.2% from 2022 to 2032
Market Value in 2022 USD 134 Million
Market Value in 2032 USD 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 Nature, Application, Distribution Channel, Region
Regions Covered North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East and Africa
Key Countries Profiled USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, BENELUX, Australia & New Zealand, China, Japan, South Korea, India, ASEAN, GCC, Turkey, South Africa
Key Companies Profiled Believe in Bambara; BUSH’S; Earth Expo Company; Henan Changling Food Co. Ltd.; African Flavour’s; Elite Trading Company
Customization Available Upon Request

Key Segments Covered in the Bambara Beans Industry Survey

Bambara Beans Market by Nature:

  • Organic Bambara Beans
  • Synthetic Bambara Beans

Bambara Beans Market by Application:

  • Bambara Beans as Cooking Ingredients
  • Bambara Beans as Snack Foods
  • Bambara Beans as Dietary Supplements
  • Bambara Beans as Animal Feed
  • Bambara Beans as Flour
  • Bambara Beans as Dairy Alternatives

Bambara Beans Market by Distribution Channel:

  • Direct Sales (B2B) of Bambara Beans
  • Indirect Sales (B2C) of Bambara Beans
  • Bambara Beans Sales via Hypermarkets/Supermarkets
  • Bambara Beans Sales via Online Stores
  • Bambara Beans Sales via Specialty Stores
  • Bambara Beans Sales via Other Retailers

Bambara Beans Market by Region:

  • North America Bambara Beans Market
  • Latin America Bambara Beans Market
  • Europe Bambara Beans Market
  • East Asia Bambara Beans Market
  • South Asia & Pacific Bambara Beans Market
  • Middle East and Africa Bambara Beans Market

Frequently Asked Questions

What is the anticipated growth of the Bambara Beans market until 2032?

FMI projects the global Bambara Beans market to expand at a 6% value CAGR by 2032

Which region is forecast to be the most lucrative for Bambara Beans market growth?

Asia Pacific is expected to be the most opportunistic Bambara Beans market, expanding at a 5% CAGR

Which are some prominent Bambara Beans manufacturers?

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

Table of Content
  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
    • 5.1. Organic
    • 5.2. Synthetic
  • 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    • 6.1. Cooking Ingredient
    • 6.2. Snack Foods
    • 6.3. Dietary Supplements
    • 6.4. Animal Feed
    • 6.5. Flour
    • 6.6. Dairy Alternative
  • 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel
    • 7.1. Direct Sales
    • 7.2. Indirect Sales
    • 7.3. Hypermarkets/Supermarkets
    • 7.4. Online Stores
    • 7.5. Specialty Stores
    • 7.6. Other Retailers
  • 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    • 8.1. North America
    • 8.2. Latin America
    • 8.3. Europe
    • 8.4. East Asia
    • 8.5. South Asia & Pacific
    • 8.6. MEA
  • 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 13. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 14. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. Believe in Bambara
    • 17.2. BUSH’S
    • 17.3. EARTH EXPO COMPANY
    • 17.4. Henan Changling Food Co. Ltd.
    • 17.5. African Flavour’s
    • 17.6. Elite Trading Company
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology
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