Canned Beans Industry - Regional Synopsis
North America Market Statistics
Regionally, the global canned beans market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is likely to hold largest revenue share by 2037, on the back of busy lifestyle, growth in the number of working women, and raised disposable income. As per the statistics by the World Bank, the total percentage of working women aged 15-64 in North America increased by 1.96% from 2015 to 2019. Moreover, rising demand for ready-to-eat foods is estimated to boost the market growth in the region. Additionally, the increasing trend of opting vegan food, is also estimated to promote the market growth.
APAC Market Analysis
The canned beans market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period, on the back of increasing population, and changing lifestyle. Moreover, increasing adoption of packaged food and beverages, is estimated to boost the market growth in the region.
