In 2023, the production of dry black beans in the US stood at 576 million pounds. From 2024 to 2028, forecasts indicate a steady increase in production volumes, starting at 591.6 million pounds in 2024 and reaching 650.25 million pounds by 2028. This represents a yearly growth rate of approximately 2.6% over the forecast period.
Future trends to watch for include:
- Potential impacts of climate change on agricultural yield affecting production efficiency.
- Shifts in consumer demand towards plant-based proteins potentially increasing market demand.
- Technological advancements in agricultural practices that may enhance productivity.