Global Bean Sprouts Market Overview:
Bean sprouts are obtained from the germination of beans. They are tender edible shoots, which protrude from germination. An assortment of beans can be sprouted. Bean sprouts are a particularly common ingredient in salads as well as Asian dishes like stir-fries. Bean sprouts are a great source of protein, vitamin C, folic acid, and fibre, among others.
- The Rising Popularity of Sprout Beans among the Consumers Owing to Health Benefits Associated With its Consumption
- The Increasing Disposable Income of an Individual
- Changing Consumer Preferences
- Stringent Government Regulations Owing to Increased Food Concerns
- Fluctuations in Raw Material Prices
- Technological Advancements in Sprout Production
- The Emerging Demand from Developing Countries
Some of the key players profiled in the report are Henan Lvsezhongyuan (China), Zhengzhou New Village (China), Anhui Anxin (China), Hubei Yuruyi (China), Suzhou Zhongshida (China), Shenyang Green Source of Lifel (China), Nanjing Tanshanhu (China), Hebei Tianyi (China), Narita Foods (Japan), Fuji Natural Foods (United States), Pulmuone (South Korea) and Daesang (South Korea). Analyst at AdvanceMarketAnalytics see Chinese Vendors to retain maximum share of Global Bean Sprouts market by 2024. Considering Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Bean Sprouts market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bean Sprouts market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bean Sprouts market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Bean Sprouts Key Companies, Raw Material Suppliers, Bean Sprouts Traders/Distributors, Regulatory & Government Bodies, Food Associations, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.