Mung Bean Protein Market: Trend Tracking and Forecast (2021-2027) Trends, Statistics, Dynamics

Mung Bean Protein Market was valued at US$ 220 Mn. in 2021. Global Mung Bean Protein Market size is estimated to grow at a CAGR of 3% over the forecast period.

Mung Bean Protein Market Overview:

Mung bean, sometimes known as green gramme, is a legume plant which is commonly grown in tropical and subtropical areas. Moong is high in nutrients, including fibers, proteins, vitamins, and minerals, and that has a host of health benefits. Salads, soups, sauces, as well as other savory foods, utilize mung beans frequently. Mung beans have been grown and consumed throughout South Asia since the beginning of time. Proteins, fibers, vitamins, minerals, antioxidants, and phytoestrogens are all abundant in mung beans. Mung beans, in addition to their nutritional content, aid in the prevention and management of diseases such as diabetes, osteoporosis, heart disease, anaemia, and cancer. Several reasons are currently driving the market, including the numerous health benefits, population increase, changing dietary choices, new market opportunities, etc. With an increasing health-conscious global population looking for healthy options at an affordable price, all these factors set precedence for sustained stable growth of the Mung Bean Protein Market. Mung Bean Protein Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

Mung Bean Protein Market Dynamics:

Usage in Processed foods: Mung Bean Protein because of its health benefits and long shelf life in hydrolyzed and concentrated form has led to its adoption in processed foods. Manufacturers have developed mung bean protein isolates with a flour-like consistency due to its high nutritious content and wide cultivation. Mung bean protein isolates are added to a variety of foods and goods to boost nutritional content or enhance specific types of foods, such as alternative meat products. They provide a balanced diet with essential amino acids in an easily digestible form making for ideal supplements. These factors set the precedence for the growth of the Mung Bean Protein Market. Mung Bean Protein Market Growing Usage of dietary supplements: The COVID 19 pandemic led to a wave of health and fitness amongst the populations worldwide. Individuals across all age groups are actively investing in health and fitness products and supplements. Mung Bean Protein extract has proven itself to be an effective and cheap additive to various health proteins and processed foods owing to its high protein percentage and overall nutrition benefits. It is used as a dietary supplement in various ways such as powder and other forms of extracts thereby leading to the growth of the Mung Bean Protein Market. Usage in plant-based food products: The health benefit of the Mung Bean to be able to provide high protein content as well as essential amino acids that are often found only in meat-based products have made the product an ideal alternative to animal-based sources. Regions such as Europe and North America, where many people are actively taking up vegetarian lifestyles, therefore, have an immense potential to boost the Mung Bean Protein Market.

Mung Bean Protein Market Segment Analysis:

By Nature, Mung Bean Protein Market is segmented into Organic and Natural Mung Bean Protein. Natural Mung Bean Protein is expected to hold largest market share of 18% by 2027. By Product-Type, The Mung Bean Protein Market is segmented into Concentrate, Isolate and Hydrolyzed protein. Mung bean protein hydrolyzed protein is an organic product that is high in micronutrients, amino acids, and minerals. It's commonly used to enhance the flavor of processed foods including seasonings, savory snacks, and more. It's simple to digest and has a number of health benefits, such as regulating and avoiding health problems, which is driving up demand. Product adoption in various industries is expected to be aided by the rising consumption of very nutritious and healthy foods. Because of these considerations, the hydrolyzed product market is expected to be worth more than USD 20 million by 2028. By End-Use, Mung Bean Protein Market is segmented into Foods and Beverages, Sports Nutrition, Pharmaceuticals and Dietary Supplements. The dietary supplement segment holds the largest market share and is expected to reach more than USD 20 Bn. by 2027. Mung Bean Protein Market is expected to grow through usage in protein powders, immune supplements, and weight-gain supplements in dietary supplements. Growing demand for dietary supplements, as well as increased consumer knowledge of digestive and immunological health, are expected to drive category growth in the future years. Mung Bean Protein Market

Mung Bean Protein Market Regional Insights:

Asia Pacific Region is expected to dominate the market owing to Demographic Demands: The Mung Bean Protein Market is expected to be led by the Asia-Pacific market thanks to the region being one of the prime producers of the crop because of its climate. This can also be attributed to the Mung Bean being a part of many traditional recipes and therefore the existing adoption of its protein market. This is followed by North America where Mung Bean Protein is used extensively as a food supplement and for sports nutrition. Mung Bean Protein Market is also expected to have a strong foothold in the region because of the increased number of turned vegans. This is followed by the Europe market where consumption of fortified food products in the region has increased as healthy lifestyle patterns have become more popular. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Mung Bean Protein Market dynamic, structure by analyzing the market segments and projecting the Mung Bean Protein Market size. Clear representation of competitive analysis of key players by End-Use, price, financial position, product portfolio, growth strategies, and regional presence in the Mung Bean Protein Market make the report investor’s guide.

Mung Bean Protein Market Scope: Inquiry Before Buying

Mung Bean Protein Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US$ 220 Mn.
Forecast Period 2022 to 2027 CAGR: 3% Market Size in 2027: US$ 262.69 Mn.
Segments Covered: by Nature • Organic • Natural
by Product Type • Concentrate • Isolate • Hydrolyzed
by End-Use • Food and Beverages • Sports Nutrition • Pharmaceuticals • Dietary Supplements

Mung Bean Protein Market by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Mung Bean Protein Market Key Players

• FUJI Plant Protein Labs (Japan) • Henry Broch Foods (US) • Equinom (Israel) • Organicway Inc. (US) • Prinova Group LLC(US) • ET-chem Natural Ingredients (China) • 3B Keto (India) • Bulk Powders (UK) • ETprotein(China) • Laybio(China) • Organicway Inc. (US) • Plantvita(India) • Proeon(Norwich) • Altein Ingredients Pvt. Ltd. (India) • Laybionatural(China) Frequently Asked Questions: 1] What segments are covered in the Global Mung Bean Protein Market report? Ans. The segments covered in the Mung Bean Protein Market report are based on Nature, Product Type, and End-Use 2] Which region is expected to hold the highest share in the Global Mung Bean Protein Market? Ans. The Asia Pacific region is expected to hold the highest share in the Mung Bean Protein Market. 3] What is the market size of the Global Mung Bean Protein Market by 2027? Ans. The market size of the Mung Bean Protein Market by 2027 is expected to reach US$ 262.69 Mn. 4] What is the forecast period for the Global Mung Bean Protein Market? Ans. The forecast period for the Mung Bean Protein Market is 2022-2027. 5] What was the market size of the Global Mung Bean Protein Market in 2021? Ans. The market size of the Mung Bean Protein Market in 2021 was valued at US$ 220 Mn.
1. Global Mung Bean Protein Market Size: Research Methodology 2. Global Mung Bean Protein Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Mung Bean Protein Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Mung Bean Protein Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Mung Bean Protein Market Size Segmentation 4.1. Global Mung Bean Protein Market Size, by Product Type (2021-2027) • Concentrate • Isolate • Hydrolyzed 4.2. Global Mung Bean Protein Market Size, by Nature (2021-2027) • Organic • Natural 4.3. Global Mung Bean Protein Market Size, by End-Use (2021-2027) • Food and Beverages • Sports Nutrition • Pharmaceuticals • Dietary Supplements 5. North America Mung Bean Protein Market (2021-2027) 5.1. North America Mung Bean Protein Market Size, by Product Type (2021-2027) • Concentrate • Isolate • Hydrolyzed 5.2. North America Mung Bean Protein Market Size, by Nature (2021-2027) • Organic • Natural 5.3. North America Mung Bean Protein Market Size, by End-Use (2021-2027) • Food and Beverages • Sports Nutrition • Pharmaceuticals • Dietary Supplements 5.4. North America Mung Bean Protein Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Global Mung Bean Protein Market (2021-2027) 6.1. European Global Mung Bean Protein Market, by Product Type (2021-2027) 6.2. European Global Mung Bean Protein Market, by Nature (2021-2027) 6.3. European Global Mung Bean Protein Market, by End-Use (2021-2027) 6.4. European Global Mung Bean Protein Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Global Mung Bean Protein Market (2021-2027) 7.1. Asia Pacific Global Mung Bean Protein Market, by Product Type (2021-2027) 7.2. Asia Pacific Global Mung Bean Protein Market, by Nature (2021-2027) 7.3. Asia Pacific Global Mung Bean Protein Market, by End-Use (2021-2027) 7.4. Asia Pacific Global Mung Bean Protein Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Global Mung Bean Protein Market (2021-2027) 8.1. The Middle East and Africa Global Mung Bean Protein Market, by Product Type (2021-2027) 8.2. The Middle East and Africa Global Mung Bean Protein Market, by Nature (2021-2027) 8.3. The Middle East and Africa Global Mung Bean Protein Market, by End-Use (2021-2027) 8.4. The Middle East and Africa Global Mung Bean Protein Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Global Mung Bean Protein Market (2021-2027) 9.1. South America Global Mung Bean Protein Market, by Product Type (2021-2027) 9.2. South America Global Mung Bean Protein Market, by Nature (2021-2027) 9.3. South America Global Mung Bean Protein Market, by End-Use (2021-2027) 9.4. South America Global Mung Bean Protein Market, by Country (2021-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. FUJI Plant Protein Labs (Japan) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Henry Broch Foods (US) 10.3. Equinom (Israel) 10.4. Organicway Inc. (US) 10.5. Prinova Group LLC(US) 10.6. ET-chem Natural Ingredients (China) 10.7. 3B Keto (India) 10.8. Bulk Powders (UK) 10.9. ETprotein(China) 10.10. Laybio(China) 10.11. Organicway Inc. (US) 10.12. Plantvita(India) 10.13. Proeon(Norwich) 10.14. Altein Ingredients Pvt. Ltd. (India) 10.15. Laybionatural(China)

About This Report

Report ID 145967
Category Food & Beverages
Published Date May 2022
Updated Date
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