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The global mung beans market is expected to grow at a CAGR of 4% between 2024 and 2032.
The global mung beans market is being driven by the growing vegan population, leading to increased demand from the vegan populace, coupled with the rising consumer demand for organic and nutritious food products. The rising consumer awareness regarding health and wellbeing is driving this trend.
Country-wise, India is the leading mung beans producer, accounting for approximately 60% of its total global production, followed by China and Myanmar. The cultivation of the product and consumption have been taking place in South Asia since the ancient times owing to the presence of favourable climatic conditions in the region. In the past few years, they have made their way across Europe and the United States. Thus, the steadily growing demand for plant-based food products in regions like North America and Europe is expected to provide an impetus to the industry growth in the forecast period.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Mung Beans Market Analysis
8.1 Key Industry Highlights
8.2 Global Mung Beans Historical Market (2018-2023)
8.3 Global Mung Beans Market Forecast (2024-2032)
8.4 Global Mung Beans Market by End Use
8.4.1 Household
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 HoReCa
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Mung Beans Market by Region
8.5.1 Asia Pacific
8.5.2 Latin America
8.5.3 Middle East and Africa
8.5.4 Rest of the World
9 Asia Pacific Rum Market Analysis
9.1 China
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 India
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Myanmar
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Indonesia
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Vietnam
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Japan
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Others
10 Latin America Rum Market Analysis
10.1 Brazil
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Argentina
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Middle East and Africa Rum Market Analysis
11.1 United Arab Emirates
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Kenya
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Tanzania
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Trade Data Analysis
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Price Analysis
16 Manufacturing Process
16.1 Detailed Process Flow
16.2 Operations Involved
16.3 Raw Material Requirements and Mass Balance
17 Project Details, Requirements and Costs Involved
17.1 Land Requirements and Expenditures
17.2 Construction Requirements and Expenditures
17.3 Plant Machinery
17.4 Machinery Pictures
17.5 Raw Material Requirements and Expenditures
17.6 Raw Material and Final Product Pictures
17.7 Packaging Requirements and Expenditures
17.8 Transportation Requirements and Expenditures
17.9 Utility Requirements and Expenditures
17.12 Manpower Requirements and Expenditures
17.11 Other Capital Investments
18 Loans and Financial Assistance
19 Project Economics
19.1 Capital Cost of the Project
19.2 Techno-Economic Parameters
19.3 Product Pricing and Margins Across Various Levels of the Supply Chain
19.4 Taxation and Depreciation
19.5 Income Projections
19.6 Expenditure Projections
19.7 Financial Analysis
19.8 Profit Analysis
20 Competitive Landscape
20.1 Market Structure
20.2 Company Profiles
21 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Mung Beans Market: Key Industry Highlights, 2018 and 2032
2. Global Mung Beans Historical Market: Breakup by Region (Million Tons), 2018-2023
3. Global Mung Beans Market Forecast: Breakup by Region (Million Tons), 2024-2032
4. Asia Pacific Mung Beans Historical Market: Breakup by Country (Million Tons), 2018-2023
5. Asia Pacific Mung Beans Market Forecast: Breakup by Country (Million Tons), 2024-2032
6. Latin America Mung Beans Historical Market: Breakup by Country (Million Tons), 2018-2023
7. Latin America Mung Beans Market Forecast: Breakup by Country (Million Tons), 2024-2032
8. Middle East and Africa Mung Beans Historical Market: Breakup by Country (Million Tons), 2018-2023
9. Middle East and Africa Mung Beans Market Forecast: Breakup by Country (Million Tons), 2024-2032
10. Major Importing Countries by Volume
11. Major Exporting Countries by Volume
12. Major Importing Countries by Value
13. Major Exporting Countries by Value
14. Global Mung Beans Market Structure
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The major drivers of the market are growing awareness regarding health, rising disposable incomes and increasing population, development of advanced farming methods, growing shift towards nutritious and plant-based food products, and growing government initiatives to support the farmers.
The key trends guiding the growth of the market include the growing research activities to develop new plant-based formulations for food products and the growing demand for such beans from the vegan populace.
The major regions in the market are the Middle East and Africa, Latin America, and the Asia Pacific, and rest of the world.
Mung beans contain nutrients and antioxidants that provide health benefits such as aid digestive health and provide protection from heat stroke and are thus preferred by consumers all across the globe.
Mung beans are small seeds usually green coloured on the outside and yellow on the inside.
The major end uses of the product include household, HoReCa among others.
The global mung beans market is being driven by rising health concern among consumers and the launch of various programmes by governments to aid the farmers and assist them with modern farming methods. Aided by the increasing product demand from the vegan populace and growing trials to develop enhanced product formulations, the market is expected to witness a moderate growth over the forecast period of 2024-2032 at a CAGR of 5.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of end use, the market is divided into household and HoReCa. The major regional markets for the product are the Asia Pacific, Latin America, and the Middle East and Africa, and rest of the world.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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