| Product Code: ETC7413282 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana`s import shipments of faba beans saw a significant increase in 2024, with the USA, Trinidad and Tobago, Canada, Argentina, and India emerging as the top exporting countries. The market continues to exhibit high concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood impressively at 33.96%, showcasing a robust expansion in the market. Although the growth rate from 2023 to 2024 was relatively modest at 0.05%, the overall trend suggests a positive trajectory for faba bean imports in Guyana.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Faba Beans Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Faba Beans Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Faba Beans Market - Industry Life Cycle |
3.4 Guyana Faba Beans Market - Porter's Five Forces |
3.5 Guyana Faba Beans Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Faba Beans Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Guyana Faba Beans Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Guyana Faba Beans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of faba beans |
4.2.2 Growing demand for plant-based protein sources |
4.2.3 Government initiatives promoting sustainable agriculture practices in Guyana |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality faba bean seeds |
4.3.2 Fluctuating prices of agricultural inputs such as fertilizers and pesticides in Guyana |
5 Guyana Faba Beans Market Trends |
6 Guyana Faba Beans Market, By Types |
6.1 Guyana Faba Beans Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Faba Beans Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guyana Faba Beans Market Revenues & Volume, By Protein Isolates, 2021- 2031F |
6.1.4 Guyana Faba Beans Market Revenues & Volume, By Protein Concentrates, 2021- 2031F |
6.1.5 Guyana Faba Beans Market Revenues & Volume, By Flour, 2021- 2031F |
6.1.6 Guyana Faba Beans Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Guyana Faba Beans Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Guyana Faba Beans Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Guyana Faba Beans Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Guyana Faba Beans Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Guyana Faba Beans Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.3.3 Guyana Faba Beans Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
6.3.4 Guyana Faba Beans Market Revenues & Volume, By Meat Alternatives, 2021- 2031F |
6.3.5 Guyana Faba Beans Market Revenues & Volume, By Functional Foods, 2021- 2031F |
7 Guyana Faba Beans Market Import-Export Trade Statistics |
7.1 Guyana Faba Beans Market Export to Major Countries |
7.2 Guyana Faba Beans Market Imports from Major Countries |
8 Guyana Faba Beans Market Key Performance Indicators |
8.1 Percentage increase in acreage dedicated to faba bean cultivation |
8.2 Adoption rate of modern farming techniques among faba bean growers in Guyana |
8.3 Average yield per hectare of faba beans harvested |
8.4 Percentage of farmers using certified seeds for faba bean cultivation |
8.5 Number of new product developments using faba beans in the food industry |
9 Guyana Faba Beans Market - Opportunity Assessment |
9.1 Guyana Faba Beans Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Faba Beans Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Guyana Faba Beans Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Guyana Faba Beans Market - Competitive Landscape |
10.1 Guyana Faba Beans Market Revenue Share, By Companies, 2024 |
10.2 Guyana Faba Beans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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