November 25, 2020

Mung Bean Protein Market 2020 - Size, Industry Analysis and Forecast Report by 2027

The global Mung bean protein market is studied in detail in the new report on Qualiket Research. The new report studies the Mung bean protein market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

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Mung bean protein is the type of plant-based protein product that is derived from the mung bean. It is type of grown and legume across the world. Mung bean protein widely recognized to enhance protein content and improve health. These proteins provide health benefits such as providing better flavor and ease in digestibility and other protein alternatives. Mung bean protein is widely applicable in food and beverages industry like baked goods, pasta, breakfast cereals, protein bars, and others.100g of mung bean contains 24 g of proteins.

Market Drivers

Increase in usage of plant- based and protein in the food and beverages industry is the key driving factor which is expected to boost the mung bean protein market growth. Furthermore, adoption of mung bean by manufacturers, especially by the vegan food manufacturers to provide better and nutritious products to consumers is expected to fuel the global mung bean protein market. Mung bean protein is an effective plant-based protein widely used as nutrition additives, sports supplements, functional foods and others. Moreover, Increase in veganism will have the positive impact on global mung bean protein market growth.

Market Restraints

However, availability of a large number of alternatives or substitutes for mung bean protein like pea proteins, soy protein is expected to hinder the global mung bean protein market growth.

Market Key Players

Various key players are discussed in this report such as Prinova Group LLC, ET-chem Natural Ingredients, 3B Keto, Bulk Powders., ETprotein , Laybio, FUJI Plant Protein Labs, Henry Broch Foods, Equinom, Organicway Inc.,and Others

Market Taxonomy

By Nature

  • Organic
  • Natural

By Product Type

  • Concentrate
  • Isolate
  • Hydrolyzed

By End User

  • Food and Beverages
  • Bakery & Confectionery
  • Snacks & Cereals
  • Meat Additives
  • Beverages
  • Others
  • Sports Nutrition
  • Pharmaceuticals
  • Animal Feed
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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