Global Black Turtle
Beans Market Outlook
Legumes such as the dry beans, common beans occupy an important
place in human nutrition around the world. The common beans are being
considered as the most important source of protein especially in North America,
Latin America, Asia-Pacific and several parts of Africa. According to the U.N.
FAOSTAT, in 2011, the global bean production shot up to 23,816,123 tons and has
been growing at a significant rate in terms of consumption. The black turtle
beans is one such common bean (Phaseolus vulgaris) which has gained its
popularity in Latin American cuisine. The black turtle beans are usually known
as the black beans used in various application such as Hispanic snaking food
and various other Latin American (Mexican) foods.
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Global Black Turtle
Beans Market: Reasons for Covering this Title
Some of the Mexican food and snacks such as burritos, nachos
have been gaining traction at a faster rate in the global market. And the black
turtle beans is one of those important food ingredients which is being used at
large scale for production of such Mexican food snacks. Moreover, consumers are
now gradually inclining towards vegan diet owing to the rising awareness about
the critical health benefits associated with the consumption of common and dry
beans such as the black turtle beans. Hence its nutritional importance has the
potential on driving the demand for black turtle beans in the global
market.
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Global Black Turtle
Beans Market: Key Players
Some of the key players operating in the global
Black Turtle Beans market are Bob’s Red Mill Natural Foods, SHILOH
FARMS, GOLD MINE NATURAL FOOD COMPANY, Willow Creek Organic Grain Co. Inc.,
Woodland Foods, Ltd., Shagbark Seed & Mill, Oak Haven Inc., Abel & Cole
Ltd, North American Grain Corporation, Demos Ciclitira Ltd among
others.
Key Trends: Global Black Turtle Beans
Market
Major shareholding companies have been strategizing on expanding its
production capacity which is attributable to the rise in demand for common and
dry beans such as black turtle beans. Moreover, some of the companies are also
improvising its distribution base around the world in the view of some of its
marquee products like the black turtle beans are easily available to its target
customers.
Global Black Turtle Beans Market: Key
Developments
·
In the year 2017, Woodland Foods, announced the
expansion of its third facility in Waukegan, Illinois to a total of 450,000
square feet. Woodlands Foods sells organic black turtle beans.
·
In Jan 2013, Bob’s Red Mill announced the
expansion of its production facilities and distribution presences. The company
opened Bob’s Red Mill World Distribution Center in January 2014 in Clackamas
County two miles from the Bob’s Red Mill World Headquarters in Milwaukie, Oregon.
The company sells black turtle beans in retail packaging formats.
Opportunities for Black Turtle Beans
Market Participants
The tenacity of the desirability of a healthy lifestyle, personal care
has been driving the consumers to gradually incline to adopt vegan. Owing to
the some of the critical health benefits functionality of black turtle beans is
one such factor that can help dive the demand for the product. Moreover, beans
have a higher composition of antioxidant compounds. Some of these common beans
are being considered as the important source of antioxidant which paves an
opportunity for black turtle beans in the world of cosmetics in gaining
traction among target customers.
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