Faba Beans Market

By Nature;

Organic and Conventional

By End Use;

Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition and Infant Nutrition

By Distribution Channel;

Supermarkets, Convenience Stores, Specialty Stores and Online Retailers

By Geography;

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

Faba Beans Market Overview

Faba Beans Market (USD Million)

Faba Beans Market was valued at USD 2,615.99 million in the year 2024. 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%.


Faba Beans Market

*Market size in USD million

CAGR 2.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)2.5 %
Market Size (2024)USD 2,615.99 Million
Market Size (2031)USD 3,101.10 Million
Market ConcentrationHigh
Report Pages341
2,615.99
2024
3,101.10
2031

Major Players

  • AGT Foods and Ingredients
  • Bunge Limited
  • Cargill, Incorporated
  • Ingredion Incorporated
  • Sakata Seed Corporation
  • Lentils Incorporated
  • The Greenfield Group
  • Olam Group
  • Farmers Business Network, Inc
  • Pulse Canada

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Faba Beans Market

Fragmented - Highly competitive market without dominant players


The Faba Beans Market is witnessing steady growth as consumers increasingly turn toward plant-based and protein-rich food options. Recognized for their high nutritional value, faba beans are gaining popularity as a sustainable ingredient in food processing, animal feed, and functional foods. Currently, over 40% of demand is driven by the food sector, highlighting their role in supporting healthier and more eco-friendly diets.

Rising Demand for Plant-Based Proteins
The market is significantly influenced by the global shift toward plant-based proteins. With more than 35% of consumers actively seeking alternatives to animal proteins, faba beans are emerging as a preferred option. Their ability to provide high protein density while being allergen-friendly compared to soy further enhances their demand across multiple industries.

Expanding Applications in Food and Feed
The versatility of faba beans in food production is fueling market growth. Nearly 30% of new product launches in the plant-protein space include faba bean derivatives, ranging from protein isolates to flour and textured proteins. Additionally, the animal feed industry accounts for around 25% of faba bean utilization, owing to its rich amino acid profile and sustainable sourcing.

Health and Nutritional Benefits Driving Growth
Consumers are increasingly aware of the health benefits associated with faba beans, including high fiber, low fat, and essential micronutrients. Surveys suggest that more than 45% of health-conscious buyers consider faba beans a superior ingredient for balanced diets. This growing awareness is accelerating their incorporation into functional foods and protein supplements.

Future Growth Opportunities
Ongoing research and innovation are expanding the potential of the faba beans market. With over 20% of investment in the plant-protein segment now directed toward faba-based solutions, the market is positioned for long-term growth. Partnerships between food manufacturers and ingredient developers are expected to further unlock value in this segment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Nature
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
    5. Faba Beans Market Dynamics
  4. 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
    4. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    5. 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. Faba Beans Market, By Nature, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    2. Faba Beans Market, By End Use, 2021 - 2031 (USD Million)
      1. Food Processing
      2. Animal Feed
      3. Nutraceuticals
      4. Sports Nutrition
      5. Infant Nutrition
    3. Faba Beans Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets
      2. Convenience Stores
      3. Specialty Stores
      4. Online Retailers
    4. 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. GrainCorp Limited
      2. AGT Foods & Ingredients Inc.
      3. Roquette Frères
      4. Archer Daniels Midland Company (ADM)
      5. Cargill, Inc.
      6. Prairie Fava Ltd.
      7. BI Nutraceuticals
      8. Sun Impex B.V.
      9. Dunns (Long Sutton) Limited
      10. Ingredion Incorporated
      11. Bunge Limited
      12. The Scoular Company
      13. Wilmar International
      14. Olam International
      15. Tereos
  7. Analyst Views
  8. Future Outlook of the Market