Published on : Oct 09, 2019
The mung bean generally known as moon bean, a green-colored covered beans and light yellow bean. This is primarily cultivated across India, Southeast Asia, and China. These beans are the richest plant-based sources of protein. Additionally, these beans are rich in essential amino acids, such as leucine, phenylalanine, isoleucine, lysine, valine, and arginine. Thanks to these factors, the mung beans are gaining popularity across the globe.
The beans are used in both savory and sweet dishes. Additionally, it is witnessing its uptake in the meals, pancakes, soups, noodles, beverages, desserts, ice cream, pastry, and dumplings in order to enhance its nutritional content. All-encompassing these factors, the mung bean market are gaining traction. Further, rising awareness and inclination toward the natural sources of the nutrients is boosting mung bean market.
The mung bean market is segmented on the basis of type, application, and region. Based on type, the mung bean market is segmented in to non-GMO seed and GMO seed. Based on the application, the mung bean market is segregated in to farm and scientific research. The report based on the mung bean market includes the information of manufacturers and analyzes the market share, current trend status, and opportunities. Additionally, the report examines the risks and entry barriers, distributors and Porter's Five Forces Analysis, and sales channels.
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On the region, the mung bean market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Of these, Asia Pacific is expected to dominate the global mung bean market. Of these, Europe is estimated to dominate the global mung bean market owing to be major importer and consumer of the mung beans.
Thus, the suppliers based in the developing countries such as India, Myanmar, and Argentina are being benefited. Additionally, these developing countries are increasingly producing mung beans; thus, import from these countries is decreasing.