Mung Bean Protein - Functional Ingredients Market Statistics

The global mung bean protein functional ingredients market size was valued at US$ 682.6 million in 2018 and is estimated to grow at a compound annual growth rate (CAGR) of 5.4% from 2019 to 2027.

Mung bean protein: Global functional ingredients market statistics, 2016-2027 (USD Million)

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Mung bean protein: Global functional ingredients market statistics, 2016-2027 (USD Million)
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Mung bean protein - Functional ingredients market highlights

  • The global mung bean protein segment generated a revenue of USD 731.8 million in 2019 and is expected to reach USD 1,118.2 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 5.2% by 2027.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, China is expected to register the highest CAGR from 2020 to 2027.

Market summary

Market revenue in 2019USD 731.8 million
Market revenue in 2027USD 1,118.2 million
Growth rate5.2% (CAGR from 2020 to 2027)
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million

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