Global Bean Sprouts Market - Forecast(2022 - 2027)

Global Bean Sprouts Market size is estimated to reach $4.4 billion by 2027, growing at a CAGR of 1.5% during the forecast period 2022-2027. Bean sprouts are gentle, crumbly roots that grow out of a bean, like mung beans, specifically utilized in oriental cooking. For fun intermittent projects, dried legumes from the essential grocery store have performed well for sprouting. Bean sprouts are a source of insoluble dietary fiber, which supports digestion. It moves fast by way of the digestive system, lifting and transporting waste products ahead as it goes. Proof recommends that sprouts can diminish blood fat called triglycerides. Both bean sprouts and alfalfa sprouts have emerged to be recognized in current years owing to their taste, nutrient content, health advantages, and rare textures. Bean sprouts shoot from the mung beans while alfalfa sprouts arrive from alfalfa seeds. Mung bean sprouts include essential and nonessential amino acids like 0.037 g of Tryptophan and 0.078 g of Threonine. Polyamines may improve phytic acid degeneration at the time of mung bean germination. There are nil considerable quantities of pantothenic acid or vitamin B12 in bean sprouts. One cup (115 g) of bean sprouts, cooked includes 1.6 g of saturated fat constituting 8% of Daily Value.

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The proliferating application of bean sprouts including insoluble dietary fiber in foodservice, retail and additional industries is set to drive the Global Bean Sprouts Market. The soaring application of soybean sprouts in different recipes like soy sauce, in soup, blending with rice, or as a fresh salad is set to propel the growth of the Global Bean Sprouts Market during the forecast period 2022-2027. This represents the Global Bean Sprouts Industry Outlook.

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Report Coverage

The report: “Global Bean Sprouts Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Bean Sprouts Market.

By Type: Mung Bean Sprout, Soybean Sprout.

By Application: Food Service, Retail, Others.

By Geography: North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).

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Key Takeaways

• Geographically, Asia-Pacific Global Bean Sprouts Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the existence of countries like China which is the leading importer of soybean in 2021-2022 apart from being a top-providing nation of alfalfa sprouts in the Asia-Pacific region.
• Global Bean Sprouts Market growth is being driven by the extensive application of mung bean sprouts including amino acids in Asian cuisine like stir-fries and soups. However, uncleaned mung beans and mung beans that are not sprouted correctly are at a greater hazard of bacterial development which is one of the major factors hampering the growth of the Global Bean Sprouts Market. 
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• Global Bean Sprouts Market Detailed Analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Bean Sprouts Market report. 

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• Global Bean Sprouts Market Segment Analysis – By Type:

  The Global Bean Sprouts Market based on type can be further segmented into Mung Bean Sprout and Soybean Sprout. The Soybean Segment held the largest market share in 2021. This growth is owing to the greater content of iron, copper, manganese, phosphorus, vitamin B2, vitamin B1, magnesium, folate, potassium, and vitamin K than mung sprouts. Mung sprout includes amino acids. The soaring application of soybean sprouts in different recipes like soy sauce, soups, or as fresh salad is further propelling the growth of the Soybean segment.

  Furthermore, the Mung Bean segment is estimated to grow with the fastest CAGR of 2.3% during the forecast period 2022-2027 owing to the proliferating application of mung sprouts including amino acids as a staple constituent in Asian Cuisines and to add freshness and texture to an assortment of food dishes.

  Global Bean Sprouts Market Segment Analysis – By Application:

  The Global Bean Sprouts Market based on the application can be further segmented into Food Service, Retail, and Others. The Food Service Segment held the largest market share in 2021. This growth is owing to the extensive application of bean sprouts in the preparation of meals in businesses, institutions, and firms which make meals outside the home constituting the catering industry. Mung sprouts include amino acids. The soaring innovations in recipes involving bean sprouts in restaurants and catering operations is further propelling the growth of this segment.

  Furthermore, the Retail segment is estimated to grow with the fastest CAGR of 2.7% during the forecast period 2022-2027 owing to the surging accumulation of organic and conventional bean sprouts on retail store shelves with mung bean sprouts including amino acids and a large number of retailers involved in bean sprouts business.

  Global Bean Sprouts Market Segment Analysis – By Geography:

  The Global Bean Sprouts Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Asia-Pacific (Global Bean Sprouts Market) held the largest share with 35% of the overall market in 2021. The growth of this region is owing to the existence of a large number of key players like Nanjing Tanshanhu in China in the Asia-Pacific region. Mung Sprouts include amino acids. The extensive intake of Soy Sprouts as part of Asian cuisines like Korean cuisine is further propelling the growth of the Global Bean Sprouts Market in the Asia-Pacific region.

  Furthermore, the North America region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like the surging intake of bean sprouts owing to the reduced calories and carbohydrates with rich dietary fiber content in countries like the U.S. in the North American region. The soaring nutritional profile of bean sprouts including vitamins and minerals like vitamin C, calcium, and iron is further fuelling the progress of the Global Bean Sprouts Market in the North American region.

  Global Bean Sprouts Market - Drivers

  Surging Health Advantages Of Bean Sprouts Are Projected To Drive The Growth Of the Global Bean Sprouts Market:

  Each 104 g (standard serving size) of bean sprouts includes around 31 calories. Furthermore, bean sprouts include 0% of fat and cholesterol, 3 g of proteins, and 6 g of total carbohydrates that rise from 2 g of dietary fiber and 4 g of sugars. The good nutrients in bean sprouts enhance male fertility. They develop the immune system. Bean sprouts can heighten the content of vitamin A, vitamin B Complex, vitamin C and vitamin E. Bean sprouts assist in depleting feces in the colon owing to the inclusion of enormous fiber and water. One bowl of green bean sprouts includes only 0.11 grams of fat. The sprouts are consequently a good source of food for weight loss. These kinds of surging benefits of bean sprouts are therefore fuelling the growth of the Global Bean Sprouts Market during the forecast period 2022-2027.

  Soaring Consumption Of Soybean Sprouts in Different Recipes Is Expected To Boost The Demand For Bean Sprouts:

  Soybeans are utilized in different recipes owing to their being a versatile and economical legume. Soy sprouts are treated as done when 50% of them are sprouted owing to their reduced germination rate. Soybean is a culinary vegetable harvested by sprouting soybeans. These sprouts are partaken and harvested widely in Korea. Soybean is a critical portion of the conventional Korean diet owing to the availability of oil, protein, and additional constituents in soybean. Soybean seeds include an average of 20% oil and 40% protein on a dry weight basis. The rest of the 40% includes vitamins, carbohydrates, minerals, phytochemicals, and additional insignificant elements. One cup (180 g) of Soybeans, green, cooked, boiled, drained with salt includes 7.6 g of dietary fiber. The soaring consumption of soybean sprouts is therefore driving the growth of the Global Bean Sprouts Market during the forecast period 2022-2027.

  Global Bean Sprouts Market – Challenges

  Side-Effects Of Consuming Excess Mung Bean Sprouts Are Hampering The Growth Of The Global Bean Sprouts Market:

  There are 31 calories in 1 cup of Mung Bean Sprouts (Soybean or Mung) with 4% fat, 63% carbohydrates, and 32% protein. In spite of the high nutritional profile of mung bean sprouts including amino acids, they need to be refrained from at the time of pregnancy and nursing periods owing to the greater hazard of bacterial development, when not cleaned and sprouted correctly. It may establish bacteria like salmonella and E. coli and may lead to diarrhea, nausea, abdominal cramping, fever, and more in pregnant women and nursing mothers. However, both pregnant women and nursing women can consume a moderate quantity of thoroughly cooked mung bean sprouts. To begin with, the physician needs to be consulted to guarantee that there is no complexity involved and there is no hazard of food-drug intolerance. The advice of the physician needs to be adhered to for intake and serving size, and excessive intake needs to be avoided. Mung bean sprouts may not be appropriate for all, specifically for people who are allergic to them with reactions like itching, hives, eczema, shortness of breath, abdominal pain, nausea, vomiting, and diarrhea. These issues are thus hampering the growth of the Global Bean Sprouts Market.

  Global Bean Sprouts Industry Outlook:

  Novel product launches, merchandise launches, mergers and acquisitions, agreements, partnerships, collaborations, joint ventures, and vigorous research are key strategies adopted by players in the Global Bean Sprouts Market. Key companies in this market are:

  1. Nanjing Tanshanhu
  2. Anhui Anxin
  3. Fuji Natural Foods
  4. Pulmuone
  5. Shanghai Yuanye
  6. Chengdu Ande
  7. Shenyang Green Source of Life
  8. Zhengzhou New Village
  9. Hangzhou Qingshanhu
  10. Beijing Dongshengfangyuan

  Recent Developments

  • In October 2021, the European Food Safety Authority (EFSA) has green-lighted the mung bean protein constituent utilized in Eat Just’s egg alternative product, paving the way for the firm to introduce its JUST Egg plant-based substitute in Europe. EFSA presented a novel scientific opinion on 20 October on Eat Just’s application to market a substitute protein extracted from mung beans as a novel food. The opinion discovered that protein powder derived from seeds of the Vigna radiata – or mung bean – the plant is ‘not nutritionally disadvantageous’ and is secure under the suggested conditions and application levels.
  • In January 2021, Danish-based Grow Up FARM is presently introducing a brand-novel product, termed Eat-Grow-Repeat: Tiny pea plants that grow in hemp in a bag. Refrigerated and bagged, the pea sprouts keep crisp for a week. Bean sprouts are in the genetic code of Grow Up FARMs & Greenow’s.

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