Pinto Beans market

Brazil Pinto Beans Market

  • 21 October 2024
  • Agriculture
  • 205 Pages
  • Report code : PMR-8013630

  • 4.7 (158)

Pinto Beans Market

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The Brazil Pinto Beans market size was valued at US$ 234 million in 2024 and is projected to reach US$ 298 million by 2030, at a CAGR of 4.1% during the forecast period 2024-2030.

Pinto beans are a variety of common beans (Phaseolus vulgaris) known for their speckled appearance, popular in Mexican and Southwestern U.S. cuisines.

Brazil's pinto beans market is growing moderately, driven by increasing domestic consumption and export opportunities. In 2023, pinto beans accounted for 5% of total dry bean production in Brazil. The market saw a 6% increase in production volume in 2023, reaching 180,000 metric tons. Domestic consumption is growing at 4% annually, driven by changing dietary preferences and the bean's versatility in cooking. Export demand, particularly to the U.S. and Mexico, is increasing at 8% annually. Key players are investing in developing high-yielding pinto bean varieties, with a 9% year-over-year increase in adoption of new cultivars offering improved disease resistance. The industry is also witnessing a trend towards sustainable production practices, with an 11% rise in certified organic pinto bean cultivation. Brazil's efforts to diversify its bean production and capitalize on export markets continue to drive pinto bean market growth, with a 5% increase in planted area, particularly in the southern states of Paran

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