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Bean Sprouts Market By Type (Mung Bean Sprouts, Soybean Sprouts, Alfalfa Sprouts, Radish Sprout, Others) , By Source (Conventional, Organic) By Application (Foodservice Industry, Household Consumers, Food Processing Industry) By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Sales Channel, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033

July 2024 | 289 pages | ID: B36A589966C9EN
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The global bean sprouts market was valued at $4.5 billion in 2023, and is projected t%li%reach $6.3 billion by 2033, growing at a CAGR of 3.5% from 2024 t%li%2033.

Bean sprouts are young, tender shoots that emerge from germinated beans, typically mung beans or soybeans. These sprouts are commonly used in various cuisines, especially in Asian cooking, for their crunchy texture, mild flavor, and nutritional benefits. Bean sprouts are produced by soaking beans in water until they sprout, after which the beans are cultivated in a warm, humid setting for several days. During this time, they develop thin, pale stems with tiny, undeveloped leaves. Bean sprouts are rich in vitamins, minerals, and enzymes, which makes them a healthy addition t%li%salads, stir-fries, soups, and sandwiches.

The growth of the bean sprouts market is driven by rise in popularity of plant-based diets. Bean sprouts are a staple in vegetarian and vegan diets, offering a rich source of plant-based protein, fiber, vitamins, and minerals. As more individuals adopt plant-based lifestyles for health, environmental, and ethical reasons, the demand for versatile and nutritious plant-based ingredients such as bean sprouts has increased simultaneously. Moreover, local and regional production of organic bean sprouts has witnessed a surge, with numerous small-scale and regional organic farmers cultivating and distributing these sprouts t%li%cater t%li%local demand, especially in regions with significant populations of health-conscious consumers. The trend is expected t%li%boost the growth of the bean sprout market by providing consumers with access t%li%fresher, locally sourced products, thereby enhancing their appeal and perceived quality.

However, concerns related t%li%food safety and hygiene in bean sprout production restrain the market demand for bean sprouts. Instances of foodborne illnesses linked t%li%contaminated sprouts can lead t%li%a loss of consumer trust and confidence in the product, resulting in reduced sales. Nevertheless, investment in R&D for extending shelf life and enhancing quality of the product has created market growth opportunities in the bean sprouts market. For instance, in March 2021, Jonathan Sprouts launched Sprouty Snacks t%li%increase the product portfoli%li%of roasted and seasoned sprouted beans and lentils.

Segmentation Overview

The bean sprouts market is segmented int%li%type, source, application, distribution channel, and region. Depending on type, the market is divided int%li%mung bean sprouts, soybean sprouts, alfalfa sprouts, radish sprouts, and others. As per source, it is bifurcated int%li%conventional and organic. According t%li%the application, the market is categorized int%li%foodservice industry, household consumers, and food processing industry. By distribution channel, it is categorized int%li%supermarkets/hypermarkets, convenience stores, specialty stores, online sales channel, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

By type, the mung bean sprouts segment held the highest market share in 2023.

Depending on source, the organic segment accounted for the largest share in the market in 2023.

According t%li%the application, the household consumers segment acquired the highest market share in 2023.

As per distribution channel, the supermarkets/hypermarkets segment gained the maximum market share in 2023.

Region wise, Asia-Pacific dominated the bean sprouts market in 2023.

Competitive Analysis

The major players operating in the bean sprouts market include Henan Lvsezhongyuan, Zhengzhou New Village, Ningb%li%Wulongtan, Anhui Anxin, Fuji Natural Foods, Narita Foods, Pulmuone, Daesang, and Jonathan Sprouts. Other players in bean sprouts market includes Shanghai Yuanye Bio-Tech Co., Ltd., Nature's Sensation, Sungr%li%Sprouts, Jonathan Sprouts, Evergreen Fresh Sprouts, Bangkok Ranch Public Company Limited, Shree Sai Sprouts, Dong-A Sprout Co., Ltd., and Golden Value Sprouts. These players have adopted several strategies t%li%sustain their position in the market.

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Possible Customization with this report (with additional cost and timeline, please talk t%li%the sales executive t%li%know more)
  • Investment Opportunities
  • Product Life Cycles
  • Upcoming/New Entrant by Regions
  • Technology Trend Analysis
  • Distributor margin Analysis
  • Pain Point Analysis
  • Regulatory Guidelines
    • Additional company profiles with specific t%li%client's interest
  • Additional country or region analysis- market size and forecast
  • Brands Share Analysis
  • Expanded list for Company Profiles
  • Historic market data
  • Key player details (including location, contact details, supplier/vendor network etc. in excel format)
  • Market share analysis of players at global/region/country level
  • SWOT Analysis
Key Market Segments

By Type
  • Mung Bean Sprouts
  • Soybean Sprouts
  • Alfalfa Sprouts
  • Radish Sprout
  • Others
By Source
  • Conventional
  • Organic
By Application
  • Foodservice Industry
  • Household Consumers
  • Food Processing Industry
By Distribution Channel
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Sales Channel
  • Others
By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
  • Malaysia
  • Indonesia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Argentina
  • Rest of LAMEA
  • Key Market Players
  • Henan Lvsezhongyuan
  • Zhengzhou New Village
    • Ningb%li%Wulongtan
  • Anhui Anxin
  • Fuji Natural Foods
  • Narita Foods
  • Pulmuone
  • Daesang
  • Jonathan Sprouts
CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
  1.4.1. Primary Research
  1.4.2. Secondary Research
  1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
  3.2.1. Top Investment Pockets
  3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
  3.3.1. Bargaining Power of Suppliers
  3.3.2. Threat of New Entrants
  3.3.3. Threat of Substitutes
  3.3.4. Competitive Rivalry
  3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
  3.4.1. Drivers
  3.4.2. Restraints
  3.4.3. Opportunities

CHAPTER 4: CERVICAL PILLOWS MARKET, BY PRODUCT TYPE

4.1. Market Overview
  4.1.1 Market Size and Forecast, By Product Type
4.2. Standard Cervical Pillow
  4.2.1. Key Market Trends, Growth Factors and Opportunities
  4.2.2. Market Size and Forecast, By Region
  4.2.3. Market Share Analysis, By Country
4.3. Water-Based Cervical Pillow
  4.3.1. Key Market Trends, Growth Factors and Opportunities
  4.3.2. Market Size and Forecast, By Region
  4.3.3. Market Share Analysis, By Country
4.4. Others
  4.4.1. Key Market Trends, Growth Factors and Opportunities
  4.4.2. Market Size and Forecast, By Region
  4.4.3. Market Share Analysis, By Country

CHAPTER 5: CERVICAL PILLOWS MARKET, BY APPLICATION

5.1. Market Overview
  5.1.1 Market Size and Forecast, By Application
5.2. Cervical Spondylosis
  5.2.1. Key Market Trends, Growth Factors and Opportunities
  5.2.2. Market Size and Forecast, By Region
  5.2.3. Market Share Analysis, By Country
5.3. Whiplash Injuries
  5.3.1. Key Market Trends, Growth Factors and Opportunities
  5.3.2. Market Size and Forecast, By Region
  5.3.3. Market Share Analysis, By Country
5.4. Temporomandibular Disorders
  5.4.1. Key Market Trends, Growth Factors and Opportunities
  5.4.2. Market Size and Forecast, By Region
  5.4.3. Market Share Analysis, By Country
5.5. Others
  5.5.1. Key Market Trends, Growth Factors and Opportunities
  5.5.2. Market Size and Forecast, By Region
  5.5.3. Market Share Analysis, By Country

CHAPTER 6: CERVICAL PILLOWS MARKET, BY REGION

6.1. Market Overview
  6.1.1 Market Size and Forecast, By Region
6.2. North America
  6.2.1. Key Market Trends and Opportunities
  6.2.2. Market Size and Forecast, By Product Type
  6.2.3. Market Size and Forecast, By Application
  6.2.4. Market Size and Forecast, By Country
  6.2.5. U.S. Cervical Pillows Market
    6.2.5.1. Market Size and Forecast, By Product Type
    6.2.5.2. Market Size and Forecast, By Application
  6.2.6. Canada Cervical Pillows Market
    6.2.6.1. Market Size and Forecast, By Product Type
    6.2.6.2. Market Size and Forecast, By Application
  6.2.7. Mexico Cervical Pillows Market
    6.2.7.1. Market Size and Forecast, By Product Type
    6.2.7.2. Market Size and Forecast, By Application
6.3. Europe
  6.3.1. Key Market Trends and Opportunities
  6.3.2. Market Size and Forecast, By Product Type
  6.3.3. Market Size and Forecast, By Application
  6.3.4. Market Size and Forecast, By Country
  6.3.5. France Cervical Pillows Market
    6.3.5.1. Market Size and Forecast, By Product Type
    6.3.5.2. Market Size and Forecast, By Application
  6.3.6. Germany Cervical Pillows Market
    6.3.6.1. Market Size and Forecast, By Product Type
    6.3.6.2. Market Size and Forecast, By Application
  6.3.7. Italy Cervical Pillows Market
    6.3.7.1. Market Size and Forecast, By Product Type
    6.3.7.2. Market Size and Forecast, By Application
  6.3.8. Spain Cervical Pillows Market
    6.3.8.1. Market Size and Forecast, By Product Type
    6.3.8.2. Market Size and Forecast, By Application
  6.3.9. UK Cervical Pillows Market
    6.3.9.1. Market Size and Forecast, By Product Type
    6.3.9.2. Market Size and Forecast, By Application
  6.3.10. Rest of Europe Cervical Pillows Market
    6.3.10.1. Market Size and Forecast, By Product Type
    6.3.10.2. Market Size and Forecast, By Application
6.4. Asia-Pacific
  6.4.1. Key Market Trends and Opportunities
  6.4.2. Market Size and Forecast, By Product Type
  6.4.3. Market Size and Forecast, By Application
  6.4.4. Market Size and Forecast, By Country
  6.4.5. China Cervical Pillows Market
    6.4.5.1. Market Size and Forecast, By Product Type
    6.4.5.2. Market Size and Forecast, By Application
  6.4.6. Japan Cervical Pillows Market
    6.4.6.1. Market Size and Forecast, By Product Type
    6.4.6.2. Market Size and Forecast, By Application
  6.4.7. India Cervical Pillows Market
    6.4.7.1. Market Size and Forecast, By Product Type
    6.4.7.2. Market Size and Forecast, By Application
  6.4.8. South Korea Cervical Pillows Market
    6.4.8.1. Market Size and Forecast, By Product Type
    6.4.8.2. Market Size and Forecast, By Application
  6.4.9. Australia Cervical Pillows Market
    6.4.9.1. Market Size and Forecast, By Product Type
    6.4.9.2. Market Size and Forecast, By Application
  6.4.10. Rest of Asia-Pacific Cervical Pillows Market
    6.4.10.1. Market Size and Forecast, By Product Type
    6.4.10.2. Market Size and Forecast, By Application
6.5. LAMEA
  6.5.1. Key Market Trends and Opportunities
  6.5.2. Market Size and Forecast, By Product Type
  6.5.3. Market Size and Forecast, By Application
  6.5.4. Market Size and Forecast, By Country
  6.5.5. Brazil Cervical Pillows Market
    6.5.5.1. Market Size and Forecast, By Product Type
    6.5.5.2. Market Size and Forecast, By Application
  6.5.6. South Africa Cervical Pillows Market
    6.5.6.1. Market Size and Forecast, By Product Type
    6.5.6.2. Market Size and Forecast, By Application
  6.5.7. Saudi Arabia Cervical Pillows Market
    6.5.7.1. Market Size and Forecast, By Product Type
    6.5.7.2. Market Size and Forecast, By Application
  6.5.8. UAE Cervical Pillows Market
    6.5.8.1. Market Size and Forecast, By Product Type
    6.5.8.2. Market Size and Forecast, By Application
  6.5.9. Rest of LAMEA Cervical Pillows Market
    6.5.9.1. Market Size and Forecast, By Product Type
    6.5.9.2. Market Size and Forecast, By Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023

CHAPTER 8: COMPANY PROFILES

8.1. Airhawk
  8.1.1. Company Overview
  8.1.2. Key Executives
  8.1.3. Company Snapshot
  8.1.4. Operating Business Segments
  8.1.5. Product Portfolio
  8.1.6. Business Performance
  8.1.7. Key Strategic Moves and Developments
8.2. Malouf
  8.2.1. Company Overview
  8.2.2. Key Executives
  8.2.3. Company Snapshot
  8.2.4. Operating Business Segments
  8.2.5. Product Portfolio
  8.2.6. Business Performance
  8.2.7. Key Strategic Moves and Developments
8.3. Alex Orthopedic
  8.3.1. Company Overview
  8.3.2. Key Executives
  8.3.3. Company Snapshot
  8.3.4. Operating Business Segments
  8.3.5. Product Portfolio
  8.3.6. Business Performance
  8.3.7. Key Strategic Moves and Developments
8.4. J-Pillow
  8.4.1. Company Overview
  8.4.2. Key Executives
  8.4.3. Company Snapshot
  8.4.4. Operating Business Segments
  8.4.5. Product Portfolio
  8.4.6. Business Performance
  8.4.7. Key Strategic Moves and Developments
8.5. CNH Pillow
  8.5.1. Company Overview
  8.5.2. Key Executives
  8.5.3. Company Snapshot
  8.5.4. Operating Business Segments
  8.5.5. Product Portfolio
  8.5.6. Business Performance
  8.5.7. Key Strategic Moves and Developments
8.6. Coop Home Goods
  8.6.1. Company Overview
  8.6.2. Key Executives
  8.6.3. Company Snapshot
  8.6.4. Operating Business Segments
  8.6.5. Product Portfolio
  8.6.6. Business Performance
  8.6.7. Key Strategic Moves and Developments
8.7. Innocor Inc
  8.7.1. Company Overview
  8.7.2. Key Executives
  8.7.3. Company Snapshot
  8.7.4. Operating Business Segments
  8.7.5. Product Portfolio
  8.7.6. Business Performance
  8.7.7. Key Strategic Moves and Developments
8.8. Custom Craftworks
  8.8.1. Company Overview
  8.8.2. Key Executives
  8.8.3. Company Snapshot
  8.8.4. Operating Business Segments
  8.8.5. Product Portfolio
  8.8.6. Business Performance
  8.8.7. Key Strategic Moves and Developments
8.9. Hall Innovations
  8.9.1. Company Overview
  8.9.2. Key Executives
  8.9.3. Company Snapshot
  8.9.4. Operating Business Segments
  8.9.5. Product Portfolio
  8.9.6. Business Performance
  8.9.7. Key Strategic Moves and Developments
8.10. DJO Global
  8.10.1. Company Overview
  8.10.2. Key Executives
  8.10.3. Company Snapshot
  8.10.4. Operating Business Segments
  8.10.5. Product Portfolio
  8.10.6. Business Performance
  8.10.7. Key Strategic Moves and Developments


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