Mung Bean Proteins - Global Strategic Business Report

The global market for Mung Bean Proteins was estimated at US$253.5 Million in 2024 and is projected to reach US$296.2 Million by 2030, growing at a CAGR of 2.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Mung Bean Proteins market.

Global Mung Bean Protein Market - Key Trends & Drivers Summarized

Why Is Mung Bean Protein Gaining Prominence in the Plant-Based Protein Industry?

Mung bean protein is emerging as a key ingredient in the growing plant-based protein market, driven by increasing consumer demand for sustainable, nutritious, and allergen-free protein sources. Mung beans have been a staple in Asian diets for centuries, but their protein isolate and concentrate forms are now gaining global recognition as viable alternatives to soy and pea proteins. With a complete amino acid profile and high digestibility, mung bean protein is well-suited for functional food applications, including plant-based dairy, meat alternatives, and protein-enriched snacks. The rise in vegetarian, vegan, and flexitarian lifestyles has further boosted the demand for plant-based proteins, with mung bean protein standing out due to its neutral taste, excellent emulsification properties, and high protein content. Unlike some other plant-based proteins, mung bean protein does not have common allergens such as soy or gluten, making it an attractive option for consumers with dietary restrictions. As the food industry seeks innovative protein sources to meet growing nutritional needs, mung bean protein is rapidly becoming a preferred choice for manufacturers looking to enhance product formulations.

What Innovations Are Transforming the Use of Mung Bean Protein in Food and Beverage Products?

Food technology advancements are driving the development of mung bean protein-based products across multiple categories, expanding its use beyond traditional applications. The success of mung bean protein in plant-based egg substitutes, particularly in liquid egg replacers, has revolutionized the alternative protein market. These products mimic the texture, cooking behavior, and nutritional benefits of real eggs, making them a popular choice for both home and industrial food preparation. Additionally, mung bean protein is being incorporated into plant-based meat products, where it improves texture, binding properties, and protein content. The dairy alternative sector is also leveraging mung bean protein to develop high-protein yogurts, cheese substitutes, and creamers with enhanced functionality. In the sports nutrition industry, mung bean protein powders and ready-to-drink protein beverages are gaining traction due to their digestibility and muscle-building benefits. Fermentation and enzymatic processing techniques are further refining the solubility and sensory properties of mung bean protein, making it more suitable for mainstream food and beverage applications. These innovations are significantly expanding the market potential of mung bean protein and positioning it as a highly versatile ingredient in plant-based food development.

Which Market Segments Are Driving the Demand for Mung Bean Protein?

The demand for mung bean protein is being fueled by multiple sectors, including plant-based food manufacturers, sports nutrition brands, and health-conscious consumers. The plant-based meat industry is a major growth driver, as companies seek to create cleaner-label, non-GMO, and sustainable meat alternatives. The increasing consumer shift toward dairy-free diets is also accelerating demand for mung bean protein in plant-based dairy applications, where it provides a rich source of protein without compromising texture or taste. Functional food and beverage brands are tapping into the health-conscious demographic by introducing high-protein snacks, protein bars, and fortified beverages formulated with mung bean protein. The sports nutrition market is another key segment, with fitness enthusiasts and athletes looking for plant-based protein sources that offer comparable muscle recovery benefits to whey protein. The baby food and medical nutrition sectors are also exploring the potential of mung bean protein due to its hypoallergenic properties and easy digestibility. As consumers continue to seek nutritious and sustainable protein sources, the adoption of mung bean protein across diverse market segments is expected to grow significantly.

What Are the Key Growth Drivers of the Mung Bean Protein Market?

The growth in the mung bean protein market is driven by several factors, including increasing demand for plant-based diets, rising awareness of sustainable protein sources, and advancements in food processing technology. The global plant-based movement, fueled by ethical, environmental, and health concerns, is pushing food manufacturers to explore novel protein alternatives. The sustainability advantage of mung beans, which require less water and land compared to animal-based protein sources, is making them an attractive choice for eco-conscious consumers and food brands. The clean-label trend is also boosting demand, as mung bean protein is perceived as a natural and minimally processed ingredient. The rapid expansion of the plant-based egg industry, particularly in North America and Europe, is further accelerating the adoption of mung bean protein in innovative food formulations. Investment in research and development is leading to improved extraction methods, enhancing the functionality and application range of mung bean protein. Additionally, the growing influence of e-commerce and direct-to-consumer brands is increasing accessibility, allowing niche plant-based products to reach a wider audience. With continued advancements in ingredient science and consumer preferences shifting toward sustainable and high-quality protein sources, the mung bean protein market is expected to witness robust growth in the coming years.

Report Scope

The report analyzes the Mung Bean Proteins market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Product Type (Isolated Mung Bean Protein, Concentrated Mung Bean Protein, Hydrolyzed Mung Bean Protein); Nature (Organic Protein, Conventional Protein)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Isolated Mung Bean Protein segment, which is expected to reach US$177.3 Million by 2030 with a CAGR of a 2.2%. The Concentrated Mung Bean Protein segment is also set to grow at 3.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $69.1 Million in 2024, and China, forecasted to grow at an impressive 5.0% CAGR to reach $56.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Mung Bean Proteins Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Mung Bean Proteins Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Mung Bean Proteins Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Axiom Foods, Burcon NutraScience Corporation, Cosucra Groupe Warcoing SA, ET Chem, ETprotein and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 43 Featured):

• Axiom Foods
• Burcon NutraScience Corporation
• Cosucra Groupe Warcoing SA
• ET Chem
• ETprotein
• Fingres Co., Ltd.
• Guzen Development, Inc.
• Hada Starch Co., Ltd.
• Ingredion Incorporated
• Laybio Natural
• Maypro Industries
• Nexxus Foods
• Prinova Group LLC
• Proeon
• Royal Ingredients Group B.V.
• Scoular Company
• Shandong Jianyuan Group
• Shandong Yuwang Industrial Co., Ltd.
• Shandong Zhongying Biotechnology Co., Ltd.
• Vestkorn Milling AS

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry