Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Canned Beans Market size was valued at USD 762.22 million in 2024 and is set to exceed USD 1.35 billion by 2037, expanding at over 4.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of canned beans is evaluated at USD 791.37 million.
The growth of the market can be attributed to the increasing demand for ready-to-eat food backed by the changing lifestyle in urban areas. Canned beans are pre-cooked and frozen, and just need to be heated before consumption. This makes their consumption easy, quick and convenient. Moreover, they are a rich source of protein and are very affordable, with prolonged shelf life. This is estimated to drive the growth of the market. Furthermore, the growing adoption of vegan diet, and availability of packaged vegan food, is also estimated to boost the market growth, as beans are a major source of plant protein. For instance, in the U.S., veganism has raised by more than 20% from 2015, with over 6% of the total population choosing vegan diet in 2020, and is further estimated to increase in the coming years.