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Mung Beans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global mung beans market reached a value of US$ 3,913 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Mung beans are green-colored beans belonging to the legume family, which have been cultivated and consumed in several parts of the world since ancient times. They are a rich source of fibers, vitamins, proteins, minerals, antioxidants, and phytoestrogens. Their regular consumption is known to help in preventing and controlling health issues, such as diabetes, osteoporosis, heart diseases, anemia, and cancer. Besides this, they prevent obesity, promote digestion, reduce inflammation, lower blood pressure levels, and minimize the chances of developing chronic diseases. Mung beans are either cooked or sprouted and considered suitable for people of all ages as they are easy to digest. As a result, they are utilized in the preparation of soups, salads, stir-frys and fried snacks.

Mung Beans Market Trends:

At present, there is a rise in the demand for mung beans on account of the growing health consciousness among individuals and the increasing prevalence of lifestyle diseases across the globe. Moreover, the shifting preferences of individuals from animal-based to plant-based proteins due to the rising awareness among individuals about animal health and cruelty against animals is resulting in the growing adoption of veganism and vegetarianism on a global level. Apart from this, these beans are utilized in various dietary supplements and ready-to-eat (RTE) food products. Furthermore, the burgeoning e-commerce sector and the increasing sales of mung beans via online distribution channels are propelling the growth of the market. These channels offer several advantages over offline stores, such as convenience, better price points and flexible payment and return/exchange options. Moreover, there is a rise in the number of campaigns undertaken by numerous authorities highlighting the negative impact of consuming food items prepared inorganically. This is catalyzing the demand for organic mung bean variants and offering lucrative growth opportunities to market players.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global mung beans market, along with forecasts at the global and country level from 2021-2026.

Breakup by Region:

  • India
  • China
  • Myanmar
  • Others
     

India currently enjoys the leading position in the market as mung beans have been cultivated in the country since ancient times. Moreover, they help suffice the protein requirement of the vegetarian population. India is followed by Myanmar, wherein considerable demand from importing countries is contributing to the overall cultivation of the country. 

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.

Key Questions Answered in This Report:

  • How has the global mung beans market performed so far and how will it perform in the coming years?
  • Who are the key regional producers in the global mung beans industry?
  • What has been the impact of COVID-19 on the global mung beans industry?
  • What are the price trends of mung beans?
  • What are the various stages in the value chain of the mung beans industry?
  • What are the key driving factors and challenges in the mung beans industry?
  • What is the structure of the mung beans industry and who are the key players?
  • What is the degree of competition in the mung beans industry?
  • What are the profit margins in the mung beans industry?
  • What are the key requirements for setting up a mung beans processing plant?
  • How are mung beans processed?
  • What are the various unit operations involved in a mung beans processing plant?
  • What is the total size of land required for setting up a mung beans processing plant?
  • What are the machinery requirements for setting up a mung beans processing plant?
  • What are the raw material requirements for setting up a mung beans processing plant?
  • What are the packaging requirements for mung beans?
  • What are the transportation requirements for mung beans?
  • What are the utility requirements for setting up a mung beans processing plant?
  • What are the manpower requirements for setting up a mung beans processing plant?
  • What are the infrastructure costs for setting up a mung beans processing plant?
  • What are the capital costs for setting up a mung beans processing plant?
  • What are the operating costs for setting up a mung beans processing plant?
  • What will be the income and expenditures for a mung beans processing plant?
  • What is the time required to break-even?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Mung Beans Industry
    5.1    Market Overview
    5.2    Market Performance
        5.2.1 Volume Trends
        5.2.2 Value Trends
    5.3    Impact of COVID-19
    5.4    Price Analysis
        5.4.1    Key Price Indicators
        5.4.2    Price Structure
        5.4.3    Price Trends
    5.5    Market Breakup by Region
    5.6    Market Forecast
    5.7    Imports and Exports
    5.8    SWOT Analysis
        5.8.1    Overview
        5.8.2   Strengths
        5.8.3    Weaknesses
        5.8.4    Opportunities
        5.8.5    Threats
    5.9    Value Chain Analysis
    5.10    Porter’s Five Forces Analysis
        5.10.1    Overview
        5.10.2    Bargaining Power of Buyers
        5.10.3    Bargaining Power of Suppliers
        5.10.4    Degree of Competition
        5.10.5    Threat of New Entrants
        5.10.6    Threat of Substitutes
    5.11    Key Market Drivers and Success Factors
6   Performance of Key Regions
    6.1    India
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    China
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Myanmar
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7   Competitive Structure
8   Mung Beans Processing

    8.1    Product Overview
    8.2    Detailed Process Flow
    8.3    Various Types of Unit Operations Involved
    8.4    Mass Balance and Raw Material Requirements
9   Project Details, Requirements and Costs Involved
    9.1    Land Requirements and Expenditures
    9.2    Construction Requirements and Expenditures
    9.3    Plant Machinery
    9.4    Machinery Pictures
    9.5    Raw Material Requirements and Expenditures
    9.6    Raw Material and Final Product Pictures
    9.7    Packaging Requirements and Expenditures
    9.8    Transportation Requirements and Expenditures
    9.9    Utility Requirements and Expenditures
    9.10   Manpower Requirements and Expenditures
    9.11   Other Capital Investments
10 Loans and Financial Assistance
11 Project Economics

    11.1    Capital Cost of the Project
    11.2    Techno-Economic Parameters
    11.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    11.4    Taxation and Depreciation
    11.5    Income Projections
    11.6    Expenditure Projections
    11.7    Financial Analysis
    11.8    Profit Analysis

List of Figures

Figure 1: Global: Mung Beans Market: Major Drivers and Challenges
Figure 2: Global: Mung Beans Market: Volume Trends (in Million Tons), 2015 - 2020
Figure 3: Global: Mung Beans Market: Value Trends (in Million US$), 2015 - 2020
Figure 4: Global: Mung Beans Market: Average Prices (in US$/Ton), 2015-2020
Figure 5: Mung Beans Market: Price Structure (US$/Ton)
Figure 6: Global: Mung Beans Market: Breakup by Region (in %), 2020
Figure 7: Global: Mung Beans Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 8: Global: Mung Beans Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 9: Global: Mung Beans Market: Export Volume Trends (in Tons) 
Figure 10: Global: Mung Beans Market: Breakup by Export Volume (in %)
Figure 11: Global: Mung Beans Market: Import Volume Trends (in Tons)
Figure 12: Global: Mung Beans Market: Breakup by Import Volume (in %)
Figure 13: Global: Mung Beans Industry: SWOT Analysis
Figure 14: Global: Mung Beans Industry: Value Chain Analysis
Figure 15: Global: Mung Beans Industry: Porter’s Five Forces Analysis
Figure 16: India: Mung Beans Market (in ‘000 Tons), 2015 & 2020
Figure 17: India: Mung Beans Market Forecast (in ‘000 Tons), 2021-2026
Figure 18: China: Mung Beans Market (in ‘000 Tons), 2015 & 2020
Figure 19: China: Mung Beans Market Forecast (in ‘000 Tons), 2021-2026
Figure 20: Myanmar: Mung Beans Market (in ‘000 Tons), 2015 & 2020
Figure 21: Myanmar: Mung Beans Market Forecast (in ‘000 Tons), 2021-2026
Figure 22: Others: Mung Beans Market (in ‘000 Tons), 2015 & 2020
Figure 23: Others: Mung Beans Market Forecast (in ‘000 Tons), 2021-2026
Figure 24: Mung Beans Processing Plant: Detailed Process Flow
Figure 25: Mung Beans Processing: Conversion Rate of Products
Figure 26: Mung Beans Processing Plant: Breakup of Capital Costs (in %)
Figure 27: Mung Beans Industry: Profit Margins at Various Levels of the Supply Chain
Figure 28: Mung Beans Processing Plant: Manufacturing Cost Breakup (in %)

List of Tables

Table 1: Global: Mung Beans Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Mung Beans Market Forecast: Breakup by Region (in '000 Tons), 2021-2026
Table 3: Global: Mung Beans Market: Competitive Structure 
Table 4: Global: Mung Beans Market: Export Data of Major Countries
Table 5: Global: Mung Beans Market: Import Data of Major Countries
Table 6: Mung Beans Processing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Mung Beans Processing Plant: Costs Related to Civil Works (in US$)
Table 8: Mung Beans Processing Plant: Costs Related to Machinery (in US$)
Table 9: Mung Beans Processing Plant: Raw Material Requirements (in Tons/Day) Expenditure (in US$/Ton)
Table 10: Mung Beans Processing Plant: Costs Related to Salaries and Wages (in US$)
Table 11: Mung Beans Processing Plant: Costs Related to Other Capital Investments (in US$)
Table 12: Details of Financial Assistance Offered by Financial Institutions
Table 13: Mung Beans Processing Plant: Capital Costs (in US$)
Table 14: Mung Beans Processing Plant: Techno-Economic Parameters
Table 15: Mung Beans Processing Plant: Taxation and Depreciation (in US$) 
Table 16: Mung Beans Processing Plant: Income Projections (in US$)
Table 17: Mung Beans Processing Plant: Expenditure Projections (in US$)
Table 18: Mung Beans Processing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 19: Mung Beans Processing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 20: Mung Beans Processing Plant: Profit and Loss Account (in US$)

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