Frequently Asked Questions
Faba beans, also known as broad beans or Vicia faba, are nutrient-dense legumes rich in protein, fiber, vitamins, and minerals, commonly used in food, feed, and industrial applications.
Key factors include rising demand for plant-based proteins, sustainable farming practices, technological advancements in processing, health awareness, and expansion in emerging markets.
The Faba Beans market is projected to grow from approximately USD 5.04 billion in 2026 to USD 7.8 billion by 2035.
The CAGR is expected to be 5.0% during the forecast period from 2026 to 2035.
Asia Pacific will contribute notably, holding around 40% of the market value due to high production and consumption in countries like China.
Major players include AGT Food and Ingredients Inc., Archer Daniels Midland Company (ADM), Cargill Incorporated, Roquette Frères, The Scoular Company, and Prairie Fava Ltd.
The report provides in-depth analysis of market size, trends, segments, regional insights, key players, drivers, restraints, opportunities, and forecasts from 2026 to 2035.
Stages include cultivation and harvesting, processing (drying, milling, protein extraction), distribution through wholesale and retail channels, and end-use in food production, feed formulation, and industrial applications.
Trends are shifting toward plant-based and gluten-free products, with consumers preferring sustainable, organic options and innovative applications like protein isolates for vegan diets.
Factors include regulations on food safety and GMO labeling, environmental policies promoting sustainable agriculture, and incentives for nitrogen-fixing crops to reduce fertilizer use amid climate goals.