UK Fava Beans Market Size & Outlook, 2024-2030

The fava beans market in UK is expected to reach a projected revenue of US$ 0.2 million by 2030. A compound annual growth rate of 2.4% is expected of UK fava beans market from 2024 to 2030.
Revenue, 2023 (US$M)
$0.2
Forecast, 2030 (US$M)
$0.2
CAGR, 2024 - 2030
2.4%
Report Coverage
UK

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UK fava beans market, 2018-2030 (US$M)

UK fava beans market, 2018-2030 (US$M)

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UK fava beans market highlights

  • The UK fava beans market generated a revenue of USD 0.2 million in 2023 and is expected to reach USD 0.2 million by 2030.
  • The UK market is expected to grow at a CAGR of 2.4% from 2024 to 2030.
  • In terms of segment, fava bean flour was the largest revenue generating product in 2023.
  • Fava Bean Flour is the most lucrative product segment registering the fastest growth during the forecast period.

Fava beans market data book summary

Market revenue in 2023USD 0.2 million
Market revenue in 2030USD 0.2 million
Growth rate2.4% (CAGR from 2024 to 2030)
Largest segmentFava bean flour
Fastest growing segmentFava Bean Flour
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFava Bean Protein Isolate, Fava Bean Protein Concentrate, Fava Bean Flour, Whole Fava Beans
Key market players worldwidePrairie Fava, UniGrain, Roland, Avip Italia, Pawnee Buttes Seeds, Archer Daniels Midland Company, Cargill, Bunge Global SA, AGT Food and Ingredients, Ingredion Inc, SunOpta Inc, The Scoular Company, La Roquette, Verdient Foods, Grain Millers Inc., The Andersons

Other key industry trends

  • In terms of revenue, UK accounted for 3.8% of the global fava beans market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany fava beans market is projected to lead the regional market in terms of revenue in 2030.
  • Italy is the fastest growing regional market in Europe and is projected to reach USD 0.1 million by 2030.

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Fava Beans Market Companies

Name Profile # Employees HQ Website
The Andersons View profile 1001-5000 Maumee, Ohio, United States, North America http://www.andersonsinc.com/
Grain Millers Inc. View profile 501-1000 Eden Prairie, Minnesota, United States, North America http://grainmillers.com
Verdient Foods View profile 10001+ Vanscoy, Saskatchewan, Canada, North America http://www.verdientfoodsinc.com/
Pawnee Buttes Seeds View profile 11-50 Greeley, Colorado, United States, North America https://pawneebuttesseed.com
Avip Italia View profile - Torino, Piemonte, Italy, Europe http://www.avipitalia.it/
Roland View profile 1001-5000 Lansing, Illinois, United States, North America http://www.roland.com/
UniGrain View profile 101-250 Newtown, Victoria, Australia, Oceania https://www.unigrain.com.au
Prairie Fava View profile 1-10 Glenboro, Manitoba, Canada, North America https://prairiefava.com/#
Archer Daniels Midland Company View profile 1001-5000 Chicago, Illinois, United States, North America http://www.adm.com
AGT Food and Ingredients View profile 1001-5000 Regina, Saskatchewan, Canada, North America http://www.agtfoods.com/
La Roquette View profile 10001+ Benifayó, Comunidad Valenciana, Spain, Europe http://www.roquette.com
The Scoular Company View profile 1001-5000 Omaha, Nebraska, United States, North America http://www.scoular.com/
Bunge Global SA View profile 23000 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 https://www.bunge.com
Cargill View profile 10001+ Minneapolis, Minnesota, United States, North America http://www.cargill.com
Ingredion Inc View profile 11600 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 https://www.ingredion.com
SunOpta Inc View profile 1174 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 https://www.sunopta.com

UK fava beans market size, by product, 2018-2030 (US$M)

UK Fava Beans Market Outlook Share, 2023 & 2030 (US$M)

UK fava beans market size, by product, 2018-2030 (US$M)

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