Global Bean Sprouts Market Size Will Escalate to USD 7,193 Million in 2026

Global Bean Sprouts Market Size Will Escalate to USD 7,193 Million in 2026

Bean sprouts are a nutritious vegetarian ingredient for stir-fry. Bean sprouts originate in Asia, where they have been made and used for thousands of years. Cultural diffusion led to the emergence of sprouts in other places and in other cuisines, and intrepid cooks began sprouting all sorts of things to add to their food. In most cases, they can be used raw or lightly cooked, and they should be used as quickly as possible. If they are going to be cooked, they can be frozen for up to three months.

Market Insights

The global Bean Sprouts market is estimated to be USD 4,607 million in 2019 and is expected to reach USD 7,193 million by 2026, with a CAGR of 6.57% during the forecast period.

In the region-wise outlook, the global bean sprouts market is categorized into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. Regionally, the Asia-Pacific region is the largest sales volume market for bean sprouts in 2018, with sales accounting for 40.36% of the world, followed by North America and Europe, accounting for 30.26% and 25.44%, respectively. China, Japan, and Korea are the major manufacturers and consumption markets in Asia-Pacific. Bean sprouts are mainly consumed at the local due to storage issues. These manufacturers in Japan and Korea often import beans from abroad. China is the largest consumption market and occupied about 90% market share. In China, the traditional manual manufacturing process is still the major and transformed into manufactured with automated equipment.

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Competitive Outlook

The major market is concentrated in Asia. The major global Bean Sprouts market competitors include Narita Foods, Suzhou Zhongshida, Pulmuone, Hubei Yuruyi, Fuji Natural Foods, Shenyang Green Source of Life, Zhengzhou New Village, Nanjing Tanshanhu, Hangzhou Qingshanhu, Hebei Tianyi, Beijing Dongshengfangyuan, Henan Lvsezhongyuan, Hubei Lvquan, Shanghai Yuanye, Daesang, Ningbo Wulongtan, Chengdu Ande, Anhui Anxin, and etc.

Dynamics Outlook

l   Emerging countries of bean sprouts

l   Growing market of bean sprouts

Type Outlook

•      Mung Bean Sprout

•      Soybean Sprout

Application Outlook

•      Supermarket and hypermarket

•      Food market

•      Retails

•      Other

Regional Outlook

North America (United States, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Denmark, Finland, Iceland, Norway and Sweden, Spain, Belgium, Poland, Russia, Turkey, and Others)

Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, and Others)

Latin America (Brazil, Argentina, Peru, Chile, and Others)

Middle East & Africa (GCC Countries, Southern Africa, and North Africa)

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The research report provides in-depth analysis on:

•      The estimation of the growth rate, market size and share of the Bean Sprouts Market throughout the forecast period.

•      The assessments for the regional market layout characteristics in the world.

•      The SWOT of the Bean Sprouts Market.

•      Leading manufacturers’ profiles, product features, business features, target customer features.

•      Significant trends for the growth prospects of the Bean Sprouts Market by 2026.

•      The report tracks detailed information about merges, innovations, policies and recent developments in the industry.

Target Audience:

Bean Sprouts manufacturers

Raw material suppliers of Bean Sprouts

Distributors and resellers of Bean Sprouts

Bean Sprouts industry associations

Product managers, Bean Sprouts industry administrator, C-level executives of the industries

Market research and consulting firms

Small and Medium-sized Enterprises (SMEs)

Base Year: 2018 | Estimated Year: 2019 | Forecast Period: 2019 to 2026

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Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Bean Sprouts Market

…

2 Market Trends and Competitive Landscape

3 Segmentation of Bean Sprouts Market by Types

4 Segmentation of Bean Sprouts Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Bean Sprouts Market in Major Countries

7 North America Bean Sprouts Landscape Analysis

8 Europe Bean Sprouts Landscape Analysis

9 Asia Pacific Bean Sprouts Landscape Analysis

10 Latin America, Middle East & Africa Bean Sprouts Landscape Analysis  

11 Major Players Profile

11.1 Narita Foods

11.1.1 Narita Foods Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Suzhou Zhongshida

11.3 Pulmuone

11.4 Hubei Yuruyi

11.5 Fuji Natural Foods

11.6 Shenyang Green Source of Life

11.7 Zhengzhou New Village

11.8 Nanjing Tanshanhu

11.9 Hangzhou Qingshanhu

11.10 Hebei Tianyi

11.11 Beijing Dongshengfangyuan

11.12 Henan Lvsezhongyuan

11.13 Hubei Lvquan

11.14 Shanghai Yuanye

11.15 Daesang

11.16 Ningbo Wulongtan

11.17 Chengdu Ande

11.18 Anhui Anxin

…

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