Overview

Mung beans, known for their high protein, fiber, and essential nutrient content, have become a preferred choice for health-conscious consumers worldwide. The rising demand for plant-based proteins, coupled with the increasing popularity of vegan and vegetarian diets, has significantly boosted the market. Moreover, their versatility in food products such as soups, salads, snacks, and flour has further enhanced their appeal. The global mung beans market reached approximately USD 5.24 billion in 2024 and is projected to grow at a CAGR of 5.20% between 2025 and 2034, aiming to attain a market value of around USD 8.70 billion by 2034.

Mung Beans Market Size

The mung beans market size has shown substantial growth, achieving a market size of USD 5.24 billion in 2024. This growth is attributed to the increasing consumer awareness of the health benefits associated with mung beans, such as improved digestion, weight management, and their role in reducing chronic disease risks. The market's growth trajectory suggests a steady CAGR of 5.20% over the forecast period, with an anticipated market value of approximately USD 8.70 billion by 2034. The expansion of the plant-based protein sector, combined with increasing investments in the agricultural sector, has significantly contributed to this growth. The market's robust performance is also supported by technological advancements in processing and packaging, which enhance product shelf life and quality.

Mung Beans Market Trends

Several key trends are shaping the mung beans market. Firstly, the growing preference for organic and non-GMO products has led to an increased demand for organically sourced mung beans. Health-conscious consumers are opting for products with clean labels, further propelling the market. Secondly, the rise in vegan and vegetarian populations worldwide has accelerated the demand for mung bean-based products, including protein powders, snacks, and ready-to-eat meals. Additionally, the foodservice industry has embraced mung beans due to their nutritional benefits and ability to enhance various dishes. The increasing penetration of e-commerce platforms has also enabled manufacturers to reach a broader consumer base, making mung beans more accessible globally.

Mung Beans Market Growth

The growth of the mung beans market is driven by multiple factors, including the rising awareness of plant-based proteins, increased consumer spending on health and wellness products, and the expanding middle-class population in emerging economies. Government initiatives promoting pulse cultivation and consumption have also played a crucial role in market expansion. Investments in research and development to improve crop yields and enhance product offerings are expected to further drive market growth. Moreover, the growing inclination towards sustainable and eco-friendly food sources is likely to bolster the demand for mung beans over the forecast period.

Industry Segmentation of the Mung Beans Market

Breakup by End-Use

Household
The household segment represents a significant portion of the mung beans market, driven by their use in a wide range of home-cooked meals and snacks. Mung beans are a staple in many Asian households, used in soups, salads, desserts, and as a meat substitute. Their affordability and high nutritional content make them a preferred choice for budget-conscious consumers. The rising popularity of home-cooked meals due to health concerns has further boosted the demand for mung beans in the household segment.

HoReCa (Hotels, Restaurants, and Cafes)
The HoReCa segment has witnessed notable growth, with mung beans becoming a popular ingredient in restaurant dishes and hotel menus. The increasing trend of vegan and vegetarian offerings in foodservice establishments has significantly driven the demand for mung beans. Chefs are incorporating mung beans into a variety of dishes, including salads, soups, and plant-based meat alternatives, to cater to health-conscious diners. This segment's growth is further supported by the rising trend of ethnic cuisines and the adoption of mung beans in fusion dishes.

Breakup by Region

Asia Pacific
Asia Pacific dominates the mung beans market, primarily due to the high consumption of pulses in countries like India, China, and Thailand. Mung beans are an integral part of traditional diets in these regions, used in curries, desserts, and snacks. Favorable climatic conditions for mung bean cultivation, coupled with government support for pulse farming, have bolstered the market. The growing middle-class population and rising disposable incomes are also significant drivers of the market in this region.

Latin America
The mung beans market in Latin America is gradually expanding, driven by increasing awareness of plant-based proteins and a growing health-conscious population. Brazil and Mexico are emerging as key markets, with a rising demand for mung bean-based products such as flour and snacks. Government initiatives to diversify agricultural production and promote sustainable farming practices are expected to further support market growth in this region.

Middle East and Africa
The Middle East and Africa represent a growing market for mung beans, primarily driven by their use in traditional dishes and the rising demand for plant-based proteins. The increasing influence of health and wellness trends has led to higher consumption of pulses, including mung beans, in countries such as the UAE and South Africa. Favorable trade policies and the expansion of distribution networks are likely to support market growth in this region.

Rest of the World
In the rest of the world, the mung beans market is witnessing steady growth, particularly in North America and Europe. The rising popularity of vegan and vegetarian diets has significantly contributed to the increased demand for mung beans in these regions. Additionally, the incorporation of mung bean protein in meat alternatives and protein supplements is gaining traction, further driving market growth.