Bean Sprouts Market Research Report By Type (Mung Bean Sprouts, Soybean Sprouts, Alfalfa Sprouts, Radish Sprouts, Others), By Application (Fresh Consumption, Stir-fries, Soups and Salads, Fermented Foods, Others), By Packaging (Bags and Pouches, Cans and Jars, Trays, Bulk Packaging, Others), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Farmers' Markets, Direct-to-Consumer) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Global Bean Sprouts Market Overview

Bean Sprouts Market Size was estimated at 19.05 (USD Billion) in 2022. The Bean Sprouts Industry is expected to grow from 19.98(USD Billion) in 2023 to 30.68 (USD Billion) by 2032. The Bean Sprouts Market CAGR (growth rate) is expected to be around 4.88% during the forecast period (2024 - 2032).

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Bean Sprouts Market Trends Highlighted

Key market drivers fueling the growth of the Bean Sprouts Market include the increasing demand for healthy and nutritious food, the growing popularity of Asian food cuisine, and the rising disposable income of consumers. The market is also driven by the expansion of the retail sector, as well as the increasing demand for processed and packaged bean sprouts. Opportunities for exploration and capture in the bean sprouts market include the development of new varieties, such as organic and non-GMO bean sprouts, as well as the expansion into new markets, such as developing countries. The market also presents opportunities for value-added products, such as pre-packaged and mixed-bean sprouts.Recent trends in the bean sprouts market include the increasing demand for sprouted products, driven by the growing awareness of their nutritional benefits. The market is also seeing a shift towards organic and sustainable production methods, as well as the development of innovative packaging technologies that extend the shelf life of bean sprouts.

Bean Sprouts Market Drivers

• 
  

  Health and Wellness Trend

  
  

The Bean Sprouts Market Industry Research Report is here to give you an overview and context of the current and future state of the Bean Sprouts Market. This report will give you a clear vision and data on the trends that are overshadowing the market both presently and in the upcoming years. The report includes a comprehensive insight into the bean sprouts market, including application, region, country, distributor and manufacturer, market size, value and volume, as well as growth.South Korea and China are currently the largest producers, being responsible for 1,902.96 tonnes and 47.16 percent of the total output accordingly. Furthermore, in 2019, 7,095 tonnes of bean sprouts were harvested worldwide. Bean sprouts are known to be highly nutritious and, therefore, increase the demand for such legume products. It is also important to note the increase in popularity and demand for a vegetarian lifestyle; Therefore, bean sprouts will be in high demand.This will contribute to the increase in the production and consumption of such bean sprouts accordingly. The bean sprouts market is estimated to grow from USD 19.98 Billion in 2023 to USD 30.68 Billion in 2032, at a CAGR of 4.88% during the forecast period.

Rising Disposable Income

Another factor driving the rising demand for bean sprouts is the increasing disposable income of consumers in developing countries. As people have more money to spend, they are more likely to buy healthy and nutritious foods such as bean sprouts, which is also due to the increase in the living standards of people in developing countries. Furthermore, the growing urbanization in developing countries is also a vital factor in the increased market growth for the product.When people move to cities, they are more likely to have supermarkets and other retail outlets near them where they can easily access bean sprouts.

Expansion of the Food Service Industry

At the same time, the food service industry is expanding, which leads to the growing demand for bean sprouts. The latter is a commonly used ingredient in many restaurant dishes, and it is becoming more and more popular among people as well. Another trend that can also be noted here is that home delivery and takeout services are becoming more and more popular as well. More people now order food from restaurants, so the demand for bean sprouts is also growing.

Bean Sprouts Market Segment Insights

Bean Sprouts Market Type Insights

The type of Bean Sprouts Market can be split into Mung Bean Sprouts, Soybean Sprouts, Alfalfa Sprouts, Radish Sprouts, and Others. Mung Bean Sprouts took the largest market share in 2023, which equals over 35% of the revenue of the Bean Sprouts Market. The increasing popularity of this market is determined by the institution of mung bean sprouts in Asian cuisine staples such as chop suey and chow mein in the Chinese, Indian, and Thai markets. Soybean Sprouts are expected to have the largest market growth as compared to other types of the Bean Sprouts Market over the forecast period.Increasing awareness of the soybean sprouts’ nutritive value and usage in the preparation of various dishes and cocktails, such as dau hu kho, is predicted to be the largest driving factor of the soybean sprouts in the global market. Another market that gives rise to this segment is the growing popularity of Alfalfa Sprouts, which are often viewed as a healthy food that contains large amounts of vitamins and minerals. Radish Sprouts are often used in salads and as garnishes due to their peppery taste, which is why they receive increasing demand. Other types of bean sprouts, such as lentil sprouts, chickpea sprouts, and broccoli sprouts, are also becoming more popular due to their interesting tastes and nutritive values.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Bean Sprouts Market Application Insights

The Bean Sprouts Market segmentation by Application comprises Fresh Consumption, Stir-fries, Soups and Salads, Fermented Foods, and Others. Among these, the Fresh Consumption segment held the largest market share in 2023, accounting for over 45% of the Bean Sprouts Market revenue. The growth of this segment can be attributed to the increasing popularity of bean sprouts as a healthy and convenient snacking option. Additionally, the rising demand for fresh produce, particularly in developing economies, is driving the growth of this segment.The Stir-fries segment is expected to witness significant growth over the forecast period, owing to the increasing popularity of Asian cuisine globally. Bean sprouts are a key ingredient in many stir-fries, and their nutritional value and versatility make them a preferred choice for health-conscious consumers. The Soups and Salads segment is also expected to grow steadily, driven by the increasing demand for healthy and nutritious food options. Bean sprouts add a crunchy texture and a boost of nutrients to salads and soups, making them a popular choice for consumers seeking healthier alternatives.

Bean Sprouts Market Packaging Insights

The packaging segment plays a significant role in the Bean Sprouts Market. In 2023, the Bags and Pouches segment held the largest market share, accounting for approximately 40% of the Bean Sprouts Market revenue. This is due to the convenience and flexibility of bags and pouches, which are easy to store and transport. The Cans and Jars segment is expected to grow at a CAGR of 5.2% from 2023 to 2032, driven by the increasing demand for canned and jarred bean sprouts in retail and food service channels. Trays are another important packaging type, which is commonly used for fresh bean sprouts and are expected to witness steady growth in the coming years.Bulk Packaging is also used for commercial purposes and is expected to have a moderate growth rate. The Others segment includes innovative packaging solutions such as modified atmosphere packaging (MAP) and biodegradable packaging, which are gaining traction due to their ability to extend shelf life and reduce environmental impact.

Bean Sprouts Market Distribution Channel Insights

Distribution Channel Segment Insights and Overview The Bean Sprouts Market segmentation by distribution channel comprises supermarkets and hypermarkets, convenience stores, online retailers, farmers' markets, and direct-to-consumer channels. Supermarkets and hypermarkets dominate the market, accounting for approximately 45% of the Bean Sprouts Market revenue in 2023. Their extensive product offerings, competitive pricing, and convenient locations make them a preferred choice for consumers. Convenience stores are another significant channel, capturing around 20% of the market share.Their proximity to residential areas and extended operating hours cater to the needs of time-pressed consumers. Online retailers are gaining traction, especially among younger generations, and are projected to grow at a CAGR of over 10% during the forecast period, driven by the ease of shopping and home delivery options. Farmers' markets and direct-to-consumer channels contribute to a smaller but niche segment, providing fresh, locally sourced products and fostering personal connections between producers and consumers.

Bean Sprouts Market Regional Insights

The Bean Sprouts Market is expected to grow significantly in the coming years, driven by increasing health consciousness and the growing popularity of plant-based diets. The market is segmented into five major regions: North America, Europe, APAC, South America, and MEA. North America: The North American region is expected to account for the largest share of the Bean Sprouts Market revenue in 2023 and is projected to continue to dominate the market throughout the forecast period. The high demand for bean sprouts in the region is attributed to the growing popularity of Asian cuisine and the increasing awareness of the health benefits of bean sprouts.Europe: The European region is expected to experience steady growth in the Bean Sprouts Market over the forecast period. The growing vegan and vegetarian population in the region is driving the demand for plant-based food products, including bean sprouts. APAC: The APAC region is expected to be the fastest-growing market for bean sprouts in the coming years. 

The increasing population and the rising disposable income in the region are expected to contribute to the growth of the market. South America: The South American region is expected to experience moderate growth in the Bean Sprouts Market.The growing awareness of the health benefits of bean sprouts is expected to drive the demand for bean sprouts in the region. MEA: The MEA region is expected to experience steady growth in the Bean Sprouts Market. The increasing demand for plant-based food products in the region is expected to contribute to the growth of the market.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Bean Sprouts Market Key Players And Competitive Insights

The Bean Sprouts Market size has proven itself as a vehicle for the expansion of the companies. The leading market players are involved in special activities with the aim of expanding their product range as well as global presence. At the same time, the manufacturers are allocating significant funds to research and development to promote the emergence of innovative products reflective of consumers’ ever-evolving needs. The rise in health consciousness and the increased adoption of plant-based diets are the primary drivers of the bean sprouts market development. On the one hand, the Bean Sprouts Market Competitive Landscape is highly dynamic as it represents a blend of global and local players, each one with its specific advantages and disadvantages. On the other hand, there is a core numerosity of the market players who are the industry leaders, and the following paper presents the overview of one central competitor – Sunsprout Enterprises, Inc.Sunsprout Enterprises, Inc. is a growing player in the Bean Sprouts Market with its mission aimed to grow and ship a variety of bean sprouts. It is a U.S.-based company with a large operational presence, specifically in North America. The company takes pride in being especially innovative in its offerings and is highly committed to sustainability. At present, Sprout’s products are mostly sold through various food services and grocery chains.

Key Companies in the Bean Sprouts Market Include

• MITSUBISHI FOODS Corporation


• TopTech


• PKC Foods


• Vijay Proteins


• Samyang Corporation


• Nong Hyup Agribusiness


• Virat Agro Impex


• K. Processors


• Abor Exports


• Sitanshu Agro Export


• Green Agro Enterprise


• Sun Lee Foods


• Song Jung Foods


• Jain Irrigation Systems

Bean Sprouts Market Industry Developments

The Bean Sprouts Market is projected to reach USD 30.68 billion by 2032, exhibiting a CAGR of 4.88% during the forecast period (2024-2032). The increasing demand for healthy and nutritious food products, coupled with the rising popularity of plant-based diets, is driving market growth. Additionally, the growing awareness of the health benefits associated with bean sprouts, such as their high fiber and antioxidant content, is further propelling demand. Key industry developments include the introduction of innovative packaging solutions to extend shelf life and the expansion of production facilities to meet the growing demand.

Bean Sprouts Market Segmentation Insights

• Bean Sprouts Market Type Outlook
  
  
  
  • Mung Bean Sprouts
  
  
  • Soybean Sprouts
  
  
  • Alfalfa Sprouts
  
  
  • Radish Sprouts
  
  
  • Others
  
  
  
  

• Bean Sprouts Market Application Outlook
  
  
  
  • Fresh Consumption
  
  
  • Stir-fries
  
  
  • Soups and Salads
  
  
  • Fermented Foods
  
  
  • Others
  
  
  
  

• Bean Sprouts Market Packaging Outlook
  
  
  
  • Bags and Pouches
  
  
  • Cans and Jars
  
  
  • Trays
  
  
  • Bulk Packaging
  
  
  • Others
  
  
  
  

• Bean Sprouts Market Distribution Channel Outlook
  
  
  
  • Supermarkets and Hypermarkets
  
  
  • Convenience Stores
  
  
  • Online Retailers
  
  
  • Farmers' Markets
  
  
  • Direct-to-Consumer
  
  
  
  

• Bean Sprouts Market Regional Outlook
  
  
  
  • North America
  
  
  • Europe
  
  
  • South America
  
  
  • Asia Pacific
  
  
  • Middle East and Africa