Fava Beans Market Report, Upcoming Trends, Demand, Regional Analysis and Forecast 2024

1. Global Fava Beans Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Fava Beans Market Overview: The latest report by IMARC Group tilted, “Fava Beans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global fava beans market reached a volume of 4.85 Million Tons in 2018, growing at a CAGR of 1.34% during 2011-2018. Fava beans, also known as viciafaba, faba beans, and bell beans, belong to the Fabaceae family. They are one of the most popular beans varieties, cultivated mostly in North Africa, and southwest and south Asia. Fava beans have a great fund of nutrients, such as magnesium, potassium, iron, copper, phosphorous, vitamin B1, thiamine, etc. As a result of this, fava beans offer several health benefits such as controlling blood pressure, lowering the risk of developing cardiovascular diseases, helping in the treatment of Parkinson’s disease, and maintaining the balance of fluids in the body. Additionally, these legumes have high protein content which makes them popular among the increasing number of vegetarians. Highlights of the global fava beans market: • • The market is driven primarily by the applications of fava beans in the food industry. China represents the largest producer of fava beans accounting for the majority of the market share.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Million US$ in Million US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 • The market is expected to reach a volume of 5.2 Million Tons by 2024. Apart from this, fava bean flour provides volume and excellent texture to bread loaves and pasta, besides increasing their nutritional profile. Owing to this, the market is further expected to reach a volume of 5.2 Million Tons by 2024. Request for a free sample report: https://www.imarcgroup.com/fava-beans-market/requestsample

5. Report Description and Highlights Report Description The market for fava beans is escalated by several growth-inducing factors. The major factor is the diverse applications of fava beans in the food industry. These are used as an essential ingredient in a wide array of traditional dishes across various regions. Fava beans serve as a common staple food in the Egyptian diet; as a side-dish with lamb, or kid in Italy; with collar of pork as the national dish of Luxembourg, etc. Key Market Segmentation Market Segmentation by Region • • • • • • China Ethiopia Australia France Morocco Others For more information, click here: https://www.imarcgroup.com/fava-beans-market

6. Report Description and Highlights Report Description The market has been segmented on the basis of key regions. At present, China represents the largest producer of fava beans accounting for the majority of the market share. It is followed by Ethiopia, Australia, France, Morocco, Egypt, United Kingdom, Germany, Peru and Italy. An evaluation of the key exporting and importing regions of fava beans is also given, with Australia and Egypt being the largest exporter and importer, respectively. Some of the other major exporters of fava beans are France, United Kingdom, Ethiopia, the United States, Egypt, China, Canada, Lithuania, and Latvia. On the other hand, Saudi Arabia, Sudan, Norway, Canada, Indonesia, Spain, United Arab Emirates, France, and Italy, count among some of the key importers. Browse Related Report Mung Beans Market Report: https://www.imarcgroup.com/prefeasibility-report-mung-bean- processing-plant Bean Market Report: https://www.imarcgroup.com/prefeasibility-report-bean-processing-plant

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9. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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