Global Mung Bean Protein Market to 2020
Global Mung Bean Protein Market to 2020
Market Overview
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 Segmentation
Global Mung Bean Protein Market is segmented into nature such as Organic, and Natural, by product type such as Concentrate, Isolate, and Hydrolyzed. Further, Global Mung Bean Protein Market is segmented into end user such as Food & Beverages (Bakery & Confectionery, Snacks & Cereals, Meat Additives, Beverages, and Others), Sports Nutrition, Pharmaceuticals, Animal Feed, and Others.
Also, Global Mung Bean Protein Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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
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