- Protein Isolates
- Flour
- Protein Concentrates
- Others
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.
Study Period
2024-2030Base Year
2023CAGR
4.7%Largest Market
North AmericaFastest Growing Market
Asia Pacific
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.
By Product Type
By Nature
By End User
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.
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 |