Legumes Market Size, Share, Regional Outlook & Projections, 2032

Market Overview

The global legumes market size was valued at USD 14,344.89 million in 2024. The market is projected to grow from USD 15,072.18 million in 2025 to USD 21,574.25 million by 2032, exhibiting a CAGR of 5.26% during the forecast period.

Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled “Legumes Market, 2025-2032.”

The analysis shows that the growing demand for plant-based protein and a surging health-conscious population are propelling the market’s growth. Some of the well-known market players include Harvest Food Group, Archer-Daniels Midland Company, and AGT Foods, who are innovating with new product launches to meet consumer demand.

Major Players Profiled in the Market Report:

•         AGT Foods (Canada)

•         Harvest Food Group (U.S.)

•         Archer-Daniels Midland Company (U.S.)

•         Grainwell Puffed Grains (U.S)

•         Olam Group (Singapore)

•         La Criolla (U.S.)

•         Morgan Foods Inc. (U.S.)

•         Anseme SpA (Italy)

•         Inland Empire Foods (U.S.)

Segments

Beans Lead the Market Owing to Their Culinary Flexibility

Based on type, the market is distributed into beans, peas, chickpeas, lentils, and others. The beans segment leads in the global market. Compared to other types, beans are considered the richest in fiber and support gut health, blood sugar levels, and LDL cholesterol.

Conventional Segment Led the Market Owing to Its Affordability

By nature, the market is segmented into conventional and organic. The conventional segment led the global industry in 2024 as conventionally grown products have an extended shelf life, are economical in nature, and have wide availability.

Whole/Unprocessed Dominated the Market Due to their Nutritive Value

By processing type, the market is distributed into whole/unprocessed, frozen, and canned. The whole/unprocessed segment leads in the global market owing to the high nutritional value of unprocessed legumes and the absence of chemical preservatives.

Food & Beverages Lead the Market Because of Its High Consumption

Based on application, the market is segmented into food & beverages, dietary supplements, personal care & cosmetics, animal feed, and others. The food & beverages category dominated the global market as legumes are utilized in food processing and the food service industry worldwide to introduce a range of healthy cuisines.

Report Coverage

The report offers:

•         Major growth drivers, restraining factors, opportunities, and potential challenges for the market.

•         Comprehensive insights into regional developments.

•         List of major industry players.

•         Key strategies adopted by the market players.

•         The latest industry developments include product launches, partnerships, mergers, and acquisitions.

Source: https://www.fortunebusinessinsights.com/legumes-market-110282

Drivers & Restraints

Growing Popularity of Vegan Diets Enhances Market Growth

The surging demand for a vegan diet is a key driver bolstering the industry’s growth. This dependency on plant-based food fuels the demand for legumes, which are highly rich in essential nutrients such as fiber, protein, and other micronutrients, further strengthening their consumption.

However, legumes are highly vulnerable to several pests and diseases which can substantially minimize yields. Furthermore, some legumes contain anti-nutritional factors, such as tannins and phytates, which can minimize digestibility and nutrient bioavailability, potentially hampering market growth.

Regional Insights

High Consumption and Production Propel Market Growth in Asia Pacific

Asia Pacific dominated the global legumes market with a share of 40.82% in 2024. In this region, a majority of the population is gravitating toward plant-based protein to maintain a healthy lifestyle. The rising trend of healthy snacking and increasing product innovation further drives regional growth.

North America is anticipated to record the second-highest growth rate, promoted by a growing inclination toward clean-label ingredients and an enhanced sports nutrition sector. Europe is also expected to observe considerable growth due to the augmented trend of veganism and improved demand for dietary supplements.

Legumes Market Future Growth:

The legumes market is experiencing robust growth, fueled by the global shift toward plant-based proteins and rising health consciousness among consumers. Today's consumers are increasingly drawn to legumes for their nutritional benefits, favoring organic, non-GMO, and clean-label options. There is a growing interest in versatile legume-based products, including snacks, pasta, and meat alternatives. The rapid expansion of e-commerce and the utilization of advanced technologies to improve crop yields and processing efficiency are also key growth drivers. While Asia Pacific continues to dominate in consumption, North America and Europe are seeing a surge in demand for innovative and value-added legume products.

Competitive Landscape

Prominent Players are Focusing on New Product Innovation to Improve their Market Presence

The market features prominent players like Archer-Daniels-Midland Company, AGT Foods, and Harvest Food Group. These leading companies are aiming at product innovation by using chickpeas, lentils, and navy beans. Such new launches in the market aid in gaining improved profit and strengthening their brand image in a competitive landscape.

Key Industry Development

•         May 2025: Heyday Canning Co., a food startup in the U.S., introduced a seasoned bean range, “Perfectly Seasoned Beans,” which are canned in vegetable broth.

•         July 2024: Masala Mama, a U.S.-based cooking sauce producer, launched a range of ready-to-eat legumes in four flavors, such as Rah Rah red beans and Cha Cha chickpeas.