NUTS & LEGUMES INVESTMENT
Group Investment
BROAD BEAN
The global fava bean market is projected to register a CAGR of 4.0% during the forecast period (2021-2026). Due to Covid-19, there has been a labor shortage in the agriculture industry due to movement restrictions and difficulties in importing and exporting agriculture products as the whole supply chain is affected, including producers, broker, and transport companies.
ALMONDS
For instance, according to multiple surveys, the vegan population in the United Kingdom has increased substantially over the past few years, with strong growth still anticipated during the forecast period. Major market players are focusing on the almond health positioning and consumer marketing efforts and creating a model and approach to developing markets like India, and China.
KIDNEY BEAN
RED PEAS
The global pea protein market size was valued at USD 213.1 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 12.7% over the forecast period. The growth is driven by the rising product demand owing to increasing consumer awareness regarding the consumption of a healthy diet and leading an active lifestyle.
PEANUT
The Netherlands, Germany, and the United Kingdom are the three countries that offer ample opportunities to exporters of peanuts in developing countries. In the future, the European market for peanuts is expected to grow due to the changes in the consumption patterns of customers, as plant-based protein is gaining popularity instead of meat-based protein. With people becoming more interested in healthy eating, peanuts are expected to become an important source of unsaturated fats, fiber, proteins, vitamins, and minerals
CASHEW
The cashew tree is a tropical evergreen tree that produces the cashew seed and the cashew apple pseudofruit. The tree can grow as high as 14 m, but the dwarf cultivars, growing up to 6 m, prove more profitable, with earlier maturity and greater yields. The cashew seed is commonly considered a snack nut (cashew nut) eaten on its own.
The global cashew market is projected to register a CAGR of 4.6% during the forecast period (2021-2026).