Era of Niche Food Trends and Products: Bambara Beans Grow in Popularity WorldwideThe global food and beverage trends are majorly influenced by the evolving consumer trends and preferences.
Of the numerous new products that are gaining blazing popularity worldwide, Bambara beans are gradually making inroads in several regions around the world.Increase in demand for plant-based food products, veganism, number of health-conscious consumers, focus to minimize the consumption of meat products, and awareness pertaining to the benefits of consuming Bambara beans is some of the key factors expected to propel the Bambara beans market worldwide.
Due to this, agricultural organizations and policymakers are now focusing on tapping into potential opportunities of underutilized crops such as Bambara beans for nutrition and food security, income generation in rural regions, and addressing the economic and agronomic challenges.
Farmers in various nations in Africa are focusing on utilization, conservation, and marketing of Bambara beans to gain an advantage in the current market landscape.To understand how our report can bring difference to your business strategy, Ask for a brochureFocus on Improving Value Chain amid COVID-19 Pandemic to Remain KeyKey players involved in the cultivation of Bambara beans are increasingly focusing on addressing various challenges within the value chain to gain a competitive edge.
Market players are expected to focus on their marketing and promotion strategies to increase sales and gain a competitive edge.More Trending Reports by Transparency Market Research –https://www.prnewswire.com/news-releases/promising-growth-in-paints-and-coatings-industry-boosts-revenue-in-the-global-n-butanol-market-highlights-tmr-301332542.htmlBambara Beans Market: OverviewThe global Bambara beans market value is expected to be ~US$ 112.8 Mn in 2020, finds Transparency Market Research (TMR) in a recent study.
According to the report, the market is projected to reach ~US$ 199 Mn by 2030, at a CAGR of 5.8%.Five in 10 consumers are aware that the consumption of whole Bambara beans are healthier compared to their processed counterparts, owing to its nutritional benefits and provides relief from several diseasesBambara beans has been gaining popularity as a rich source of probiotics, which reduces activity and proliferation of pathogenic organism in the stomachManufacturers are expected to target the demography, which has flour- and bakery-based products incorporated as part of their cultural diet in developing countriesThe Bambara beans market is still facing severe challenges with many companies being affected by supply chain disruption, manufacturing, and demand issues.