Product Code: ETC176330 | Publication Date: Jan 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Sri Lanka Dry Beans Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 13.73% in 2026, following an initial rate of 12.93%, before easing to -1.54% at the end of the period.
The Dry Beans market in Sri Lanka is projected to grow at a high growth rate of 12.23% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Sri Lanka dry beans market is experiencing steady growth driven by increasing consumer awareness of the health benefits associated with dry beans consumption. Commonly consumed varieties include red cowpeas, green gram, chickpeas, and black gram. The market is characterized by a mix of local and imported products, with local farmers playing a significant role in meeting domestic demand. Retail outlets, supermarkets, and traditional markets are key distribution channels for dry beans in Sri Lanka. The market is also influenced by factors such as changing dietary preferences, urbanization, and rising disposable incomes. Government initiatives to promote domestic production and consumption of dry beans are further bolstering market growth, with opportunities for market expansion and product diversification in the foreseeable future.
The Sri Lanka Dry Beans Market is currently experiencing a shift towards healthier and more sustainable food options, leading to an increased demand for organic and non-GMO dry beans. Consumers are also showing a preference for locally sourced dry beans to support domestic farmers and reduce carbon footprint associated with imports. Convenience and versatility are key trends driving the market, with a rising demand for pre-packaged and ready-to-cook dry beans products. Additionally, there is a growing interest in exotic varieties of dry beans, expanding consumer choices beyond the traditional options. Overall, the market is witnessing a significant emphasis on quality, authenticity, and ethical sourcing practices, reflecting the evolving preferences of Sri Lankan consumers towards nutritious and environmentally conscious food options.
In the Sri Lanka dry beans market, some challenges include fluctuating prices due to factors like weather conditions affecting crop yields, transportation costs, and import/export regulations. In addition, limited access to modern technology and resources for cultivation, processing, and storage can impact the overall quality and quantity of dry beans produced. Furthermore, competition from other substitute protein sources and changing consumer preferences towards more convenient food options can also pose challenges for market growth. Addressing these challenges will require investments in infrastructure, improving agricultural practices, enhancing market knowledge and access, and developing innovative marketing strategies to promote the consumption of dry beans in Sri Lanka.
The Sri Lanka dry beans market offers promising investment opportunities due to increasing consumer demand for healthy and plant-based protein sources. With a growing awareness of the nutritional benefits of dry beans, there is a rising trend towards incorporating them into daily diets. Investors can consider opportunities in the production and distribution of a variety of dry beans such as lentils, chickpeas, black beans, and kidney beans. Additionally, value-added products like ready-to-cook bean mixes or packaged bean snacks could cater to convenience-seeking consumers. Investing in modern farming techniques, storage facilities, and efficient supply chain management can help capitalize on the market potential. As the market continues to expand, strategic partnerships with farmers and retailers can also be beneficial for long-term growth in the Sri Lanka dry beans industry.
The Sri Lankan government has implemented several policies to support the Dry Beans Market, including providing subsidies and incentives to farmers to increase production, promoting research and development in the sector, and imposing import restrictions to protect domestic producers. Additionally, the government has introduced quality standards and certifications to ensure the safety and quality of dry beans produced in the country. These policies aim to boost domestic production, reduce reliance on imports, and promote self-sufficiency in the dry beans market. Overall, the government`s efforts are focused on supporting local farmers, ensuring food security, and maintaining a competitive market environment for the dry beans industry in Sri Lanka.
The future outlook for the Sri Lanka Dry Beans Market appears to be positive, driven by factors such as increasing consumer awareness of the health benefits associated with beans, rising demand for plant-based protein sources, and the growing trend towards vegetarian and vegan diets. Additionally, the government`s initiatives to promote domestic agriculture and self-sufficiency in food production are likely to support the growth of the dry beans market in Sri Lanka. With advancements in farming techniques and technologies, there is potential for increased production efficiency and quality of dry beans. However, challenges such as climate change and fluctuating global market prices may impact the market. Overall, the Sri Lanka Dry Beans Market is expected to witness steady growth in the coming years, offering opportunities for both domestic producers and international exporters.
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 Sri Lanka Dry Beans Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Dry Beans Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Dry Beans Market - Industry Life Cycle |
3.4 Sri Lanka Dry Beans Market - Porter's Five Forces |
3.5 Sri Lanka Dry Beans Market Revenues & Volume Share, By Bean Type, 2021 & 2031F |
3.6 Sri Lanka Dry Beans Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Sri Lanka Dry Beans Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Sri Lanka Dry Beans Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Sri Lanka Dry Beans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of consuming dry beans |
4.2.2 Growing demand for plant-based protein sources |
4.2.3 Rising disposable income leading to higher spending on nutritious food items |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in dry bean production |
4.3.2 Price volatility due to external factors such as weather conditions and global trade policies |
5 Sri Lanka Dry Beans Market Trends |
6 Sri Lanka Dry Beans Market, By Types |
6.1 Sri Lanka Dry Beans Market, By Bean Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Dry Beans Market Revenues & Volume, By Bean Type, 2021 - 2031F |
6.1.3 Sri Lanka Dry Beans Market Revenues & Volume, By Pinto Beans, 2021 - 2031F |
6.1.4 Sri Lanka Dry Beans Market Revenues & Volume, By Black Beans, 2021 - 2031F |
6.1.5 Sri Lanka Dry Beans Market Revenues & Volume, By Navy Beans, 2021 - 2031F |
6.1.6 Sri Lanka Dry Beans Market Revenues & Volume, By Red Kidney Beans, 2021 - 2031F |
6.1.7 Sri Lanka Dry Beans Market Revenues & Volume, By Great Northern Beans, 2021 - 2031F |
6.1.8 Sri Lanka Dry Beans Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Sri Lanka Dry Beans Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Dry Beans Market Revenues & Volume, By Plastic Bags, 2021 - 2031F |
6.2.3 Sri Lanka Dry Beans Market Revenues & Volume, By Cans, 2021 - 2031F |
6.2.4 Sri Lanka Dry Beans Market Revenues & Volume, By Jars, 2021 - 2031F |
6.2.5 Sri Lanka Dry Beans Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Sri Lanka Dry Beans Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Dry Beans Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021 - 2031F |
6.3.3 Sri Lanka Dry Beans Market Revenues & Volume, By Speciality Stores, 2021 - 2031F |
6.3.4 Sri Lanka Dry Beans Market Revenues & Volume, By Departmental Stores, 2021 - 2031F |
6.3.5 Sri Lanka Dry Beans Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
6.3.6 Sri Lanka Dry Beans Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Sri Lanka Dry Beans Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Sri Lanka Dry Beans Market Revenues & Volume, By Households, 2021 - 2031F |
6.4.3 Sri Lanka Dry Beans Market Revenues & Volume, By Restaurants and Hotels, 2021 - 2031F |
6.4.4 Sri Lanka Dry Beans Market Revenues & Volume, By Flour Industry, 2021 - 2031F |
6.4.5 Sri Lanka Dry Beans Market Revenues & Volume, By Others , 2021 - 2031F |
7 Sri Lanka Dry Beans Market Import-Export Trade Statistics |
7.1 Sri Lanka Dry Beans Market Export to Major Countries |
7.2 Sri Lanka Dry Beans Market Imports from Major Countries |
8 Sri Lanka Dry Beans Market Key Performance Indicators |
8.1 Percentage of population consuming dry beans regularly |
8.2 Number of new product launches in the dry beans market |
8.3 Investment in research and development for innovative dry bean products |
9 Sri Lanka Dry Beans Market - Opportunity Assessment |
9.1 Sri Lanka Dry Beans Market Opportunity Assessment, By Bean Type, 2021 & 2031F |
9.2 Sri Lanka Dry Beans Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Sri Lanka Dry Beans Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Sri Lanka Dry Beans Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Sri Lanka Dry Beans Market - Competitive Landscape |
10.1 Sri Lanka Dry Beans Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Dry Beans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |