Mung Beans Price In USA
- USA: 200 USD/MT
In the fourth quarter of 2023, the price of mung beans in the United States reached 0.72 USD/lb by Decembe
The latest report by IMARC Group, titled “Mung Beans Price Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of Mung Beans Prices. This report delves into the price of Mung Beans Price globally, presenting a detailed analysis, along with an informative Mung Beans Price chart. Through comprehensive Mung Beans Price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Mung Beans Price demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Mung Beans Price Analysis:
- USA: 0.72 USD/lb
- China: 0.65 USD/lb
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The study delves into the factors affecting Mung Beans Price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Mung Beans Price Trend- Q4 2023
Mung beans are small and green legumes that are packed with protein, fiber, vitamins and minerals. They are nutritious, which is making them ideal for a balanced diet. They also provide various health benefits by supporting digestion, boosting immunity, and aiding in weight management. They are rich in antioxidants, which helps in combating oxidative stress in the body, reducing inflammation, and lowering the risk of chronic diseases. They also play a major role in heart health by lowering cholesterol levels and improving blood circulation. They can be used in a wide range of dishes, such as soups, stews, sprouts, crepes, stir-fry, and desserts.
Mung Beans Price Market Analysis
At present, the escalating demand for mung beans due to the rising focus of people on healthy lifestyle choices represents one of the key factors offering a favorable market outlook. Besides this, people are adopting plant-based and vegan diets, which is driving the demand for plant-based protein sources, such as mung bean protein isolates and flours, used as meat alternatives, dairy substitutes, and protein-rich snacks. In addition, mung beans are employed in a variety of innovative products beyond traditional dishes, including non-dairy milk, fermented food products, and gluten-free products, which is propelling the market growth. In line with this, mung beans are used in convenient food products, such as instant noodles, ready-to-eat (RTE) meals, and soups, which is catalyzing their demand, especially in regions where mung beans are traditionally consumed.
Moreover, governing agencies of many counties are promoting agriculture of mung beans by offering incentives, subsidies to enhance food security. Additionally, improvement in food preservation and packaging technologies are enabling longer shelf lives of processed mung bean products, which is crucial for exports and retail distribution. Furthermore, mung beans are drought-resistant and contribute to soil health by fixing nitrogen, making them a sustainable crop option, thereby bolstering the growth of the market.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand.
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece.
- North America: United States and Canada.
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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