Fava Bean Protein Market Insights Video

According to Cognitive Market Research, the global Fava Bean Protein market size was USD 62.9 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 25.1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 18.8 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 14.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 3.15 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
• The Isolates category is the fastest growing segment of the Fava Bean Protein industry