Faba Bean Protein Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Protein Isolates, Flour, Protein Concentrates, Others), By Nature (Organic, Conventional), By End- User (Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Others) and Region Forecast 2019-2030

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Faba Bean Protein Market size was valued at USD 71.5 million in 2023 and is projected to reach USD 97.0 million by 2030 at a CAGR of 4.7% from 2024-2030. Faba beans, which are high in Fiber and antioxidants and include critical nutrients including magnesium, potassium, zinc, and vitamin B6, are becoming increasingly popular due to their health advantages. These characteristics are driving up demand for faba bean protein, especially in the food and beverage industries. The global move toward plant-based diets has increased this need, as consumers seek sustainable and nutritional protein sources. With the rise of vegan, vegetarian, and flexitarian lifestyles, faba bean protein has become a popular ingredient in a variety of food applications, such as plant-based meat substitutes, snacks, dairy alternatives, and nutritional supplements.

Furthermore, the health benefits of faba bean protein, such as aiding digestion, enhancing heart health, and providing antioxidant protection, are becoming more generally acknowledged. This has increased demand across a wide range of consumer categories, including health-conscious individuals and athletes looking for high-performance plant proteins. The food industry has responded by incorporating faba bean protein into various new product compositions, citing its neutral flavor and outstanding emulsifying capabilities as suitable for a wide range of applications. As a result, the demand for faba bean protein is likely to rise further, fueled by a growing emphasis on health, sustainability, and clean label products.

Faba Bean Protein Market Key Developments:

  • In February 2024, Roquette introduced four multi-functional pea proteins that enhance the flavour and texture of plant-based foods and high-protein nutritional goods. According to the company, fava beans are a sustainable raw resource, like peas, and can provide farmers with agronomic benefits.
  • On May 28, 2024, Roquette Launches First Fava Bean Protein Isolate for Plant-Based Meat, Dairy, and Baked Goods
  • On April 17, 2024, Australian Grain Export's new ingredients company, Integra Foods, inaugurated a faba bean protein facility in Dublin, South Australia. The plant, part of AGE's $20 million vertically integrated value-adding district in South Australia's Mid-North region, employs sustainable and energy-efficient protein separation techniques

Faba Bean Protein Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.7%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Faba Bean Protein Market Dynamics

The global demand for plant-based proteins is increasing, driven by factors such as population growth and increased awareness of the need for sustainable food sources. Faba Bean Protein, a plant-based protein, is gaining popularity for its excellent nutritional value and environmental benefits. This protein source is gaining popularity as customers seek alternatives to animal-based proteins that suit their nutritional demands while lowering their environmental impact. The growing interest in sustainable and nutritious food options is driving the expansion of the Faba Bean Protein market. Consumer knowledge of the health advantages of Faba Bean Protein is another important driver of market expansion. Faba Bean Protein is noted for its high concentration of essential amino acids, dietary Fiber, and minerals like iron, magnesium, and folate. These characteristics make it an excellent supplement to a healthy diet. As greater consumers acquire knowledge about the nutritional benefits of plant-based proteins and explore alternative food options, the popularity of Faba Bean Protein is expected to grow. This increased awareness is driving up demand and acceptance of Faba Bean Protein in a variety of culinary products.

Veganism and vegetarianism are becoming increasingly fashionable, which is having a huge impact on the Faba Bean Protein industry. As alternative dietary habits gain popularity, the demand for plant-based protein sources such as Faba Bean Protein grows. This trend is bolstered by advances in food processing technology that improve the quality and flavour of Faba Bean Protein products. Consumers are becoming increasingly interested in Faba Bean Protein products owing to innovations such as extrusion technology, which improves the texture of plant proteins, and enzymatic processing, which increases flavour profiles. These technical advancements are helping to boost client satisfaction and build the market for Faba Bean Protein.

Faba Bean Protein Market Segmentation

By Product Type

  • Protein Isolates
  • Flour
  • Protein Concentrates
  • Others

By Nature

  • Organic
  • Conventional

By End User

  • Food Processing
    • Infant Foods
    • Confectionery
    • Functional Foods
    • Dairy Replacements
    • Others
  • Animal Feed
  • Nutraceuticals
  • Sports Nutrition
  • Others

Frequently Asked Questions

The Faba Bean Protein Market was valued at USD 71.5 million in 2023 and is projected to reach USD 97.0 million by 2030, growing at a CAGR of 4.7%.

The growing need for plant-based proteins is driving growth in the faba bean protein market.

Innovation in meat and dairy replacements is increasing the usage of faba bean protein in food products.

Market research is segmented based on Product type, nature, end-user, and region.

Europe is estimated to fastest growing with the highest CAGR over the forecast period.

Key Features of the Report

  • The faba bean protein market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Faba Bean Protein Market Introduction 
2.1.Global Faba Bean Protein Market  - Taxonomy
2.2.Global Faba Bean Protein Market  - Definitions
2.2.1.Type 
2.2.2.Nature
2.2.3.End User
2.2.4.Region
3.Global Faba Bean Protein Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Faba Bean Protein Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Faba Bean Protein Market  By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Protein Isolates
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Flour
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Protein Concentrates
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Others
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Faba Bean Protein Market  By Nature , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Organic
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Conventional
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Faba Bean Protein Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Food Processing
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Animal Feed
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Nutraceuticals
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Sports Nutrition
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Faba Bean Protein Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Faba Bean Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Protein Isolates
9.1.2.Flour
9.1.3.Protein Concentrates
9.1.4.Others
9.2.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Organic
9.2.2.Conventional
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Food Processing
9.3.2.Animal Feed
9.3.3.Nutraceuticals
9.3.4.Sports Nutrition
9.3.5.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Faba Bean Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Protein Isolates
10.1.2.Flour
10.1.3.Protein Concentrates
10.1.4.Others
10.2.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Organic
10.2.2.Conventional
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Food Processing
10.3.2.Animal Feed
10.3.3.Nutraceuticals
10.3.4.Sports Nutrition
10.3.5.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Faba Bean Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Protein Isolates
11.1.2.Flour
11.1.3.Protein Concentrates
11.1.4.Others
11.2.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Organic
11.2.2.Conventional
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Food Processing
11.3.2.Animal Feed
11.3.3.Nutraceuticals
11.3.4.Sports Nutrition
11.3.5.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Faba Bean Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Protein Isolates
12.1.2.Flour
12.1.3.Protein Concentrates
12.1.4.Others
12.2.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Organic
12.2.2.Conventional
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Food Processing
12.3.2.Animal Feed
12.3.3.Nutraceuticals
12.3.4.Sports Nutrition
12.3.5.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Faba Bean Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Protein Isolates
13.1.2.Flour
13.1.3.Protein Concentrates
13.1.4.Others
13.2.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Organic
13.2.2.Conventional
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Food Processing
13.3.2.Animal Feed
13.3.3.Nutraceuticals
13.3.4.Sports Nutrition
13.3.5.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Puris Proteins LLC
14.2.2.GrainCorp Limited
14.2.3.Australian Plant Proteins
14.2.4.Vestkorn Milling AS
14.2.5.Alberta Pulse Growers
14.2.6.Sun Impex B.V.
14.2.7.Australian Plant Proteins
14.2.8.Nuttee Bean Co
14.2.9.Prairie Fava
14.2.10.Centre State Exports Pty Ltd
15. Research Methodology 
16. Appendix and Abbreviations 
  • Puris Proteins LLC
  • GrainCorp Limited
  • Australian Plant Proteins
  • Vestkorn Milling AS
  • Alberta Pulse Growers
  • Sun Impex B.V.
  • Australian Plant Proteins
  • Nuttee Bean Co
  • Prairie Fava
  • Centre State Exports Pty Ltd

Adjacent Markets