Top Fava Beans Companies

Global Fava Beans Market size was valued at USD 4.72 Billion in 2024 and is poised to grow from USD 4.94 Billion in 2025 to USD 7.19 Billion by 2033, growing at a CAGR of 4.8% during the forecast period (2026–2033).

The global fava beans market is experiencing positive growth due to strategic innovation and regional developments. The French government has initiated the AlinOVeg project supporting developments in plant proteins and particularly supporting the growth of fava beans and peas. Other firms which include Prairie Fava and BENEO are producing fava bean flours and protein isolates to their product portfolios which is meeting the growing need for plant-based alternatives. China is the leader in production because of its varied agro-climatic regions and strong logistics, whereas Australia's focus on making disease-resistant varieties has boosted its export strength. 'Prairie Fava Ltd. (Canada)', 'Unigrain Pty Ltd (Australia)', 'Roland Beans (US)', 'Alberta Pulse Growers Commission (Canada)', 'Stamp Seeds Inc. (Canada)', 'Pawnee Buttes Seed Inc. (US)', 'Archer Daniels Midland Company (ADM) (US)', 'Cargill Incorporated (US)', 'Bunge Limited (US)', 'AGT Food and Ingredients Inc. (Canada)', 'Ingredion Incorporated (US)', 'The Scoular Company (US)', 'Roquette Freres (France)', 'Grain Millers Inc. (US)', 'Best Cooking Pulses Inc. (Canada)', 'The Andersons Inc. (US)', 'Legumex Walker Inc. (Canada)'

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Asia-pacific is the dominant segment in the global fava beans market because of its widespread agricultural base and favorable climatic conditions. It has strong consumption in China, India and Australia, contributing towards its dominance. Government initiatives in legume cultivation, advanced farming practices, and increasing consumer awareness are further supporting the growth. The region serves established supply chain infrastructure which contributes towards the dominance of the region.