
Lens culinaris refers to lentils, which are dried seeds of the legume family that are tiny and shaped like lenses. Folate, thiamine, potassium, copper, zinc, iron, and a host of other vital elements abound in these foods. There are a number of health benefits linked to them, such as better heart health, lower cholesterol, stable blood sugar, weight loss, increased energy, and reduced risk of cancer and diabetes. Consequently, they are often used in batter and breading, baked goods, drinks, meat, and snack items.
The edible pulse known as lentils are cultivated every year and have seeds that like lenses. It is a mainstay in the diets of people in Nepal, Bangladesh, Pakistan, Sri Lanka, and India. India, Canada, and Australia constitute the trifecta of the global market in terms of production. An excellent dietary option because it is rich in vitamins, has no fat or cholesterol, and supplies fiber, potassium, vitamins, and iron. Lentils' many beneficial qualities include lowering the risk of cardiovascular disease, regulating blood sugar, warding off cancer, and enhancing digestion and metabolism.
Foods made from lentils, such as lentil bread, are in high demand due to the rising demand for ready-to-eat meals. One factor propelling the expansion of the global market is the rising demand for food products that are ready to be eaten. Lentil flour is in high demand around the world since it is used in a variety of snack and bakery foods. Additional drivers propelling the global market ahead include the growing trend towards nutritious meals that incorporate pulses, the need for products with extended shelf life, and the capacity to thrive in diverse soil and climates.
Salads, stews, soups, spreads, gravies, sauces, and curries all benefit from lentils. Along with the flourishing food and beverage (F&B) sector, this is one of the key drivers of market expansion. Another factor fueling the market is the increasing demand for ready-to-eat (RTE) food products. This is driven by factors such as sedentary lifestyles, rising disposable incomes, and fast urbanization. The market is also being propelled by the increasing popularity of clean eating and people's awareness of the importance of health.
This could be because more and more people are learning about the many health benefits of lentils. Aside from this, major companies are releasing value-added items like organic lentil flour that is gluten-free, non-GMO, and has a low glycemic index. Additionally, lentil consumption is on the rise due to a change in consumer choice towards vegetarianism and veganism. In addition, manufacturers can take advantage of enticing growth opportunities presented by the proliferation of organized distribution channels, such brick-and-mortar stores and e-commerce websites, which offer convenient access to a large variety of items, doorstep delivery, and safe payment options.
Throughout the projected timeframe, the worldwide lentil market is anticipated to experience consistent growth. The bulk of the market is owned by Canada. With an estimated 6.3 million metric tons in 2016, Canada controlled 51% of the lentil market, while India held 17%. In the years to come, these two areas are predicted to continue dominating the market. Latin America, the Middle East, Africa, Europe, Asia-Pacific, and North America are all covered in detail here. Companies with a substantial impact on the market's global economy are also profiled in this study. Among the important figures highlighted here are Ingredion, AGT Food & Ingredients, The Archer Daniels Midland, and Armada Foods. In order to better understand how each company stacks up against the global landscape, it is helpful to do a competitive study. Businesses can also find the anticipated demand patterns and how they will affect them in the forecast.
Report Coverage
Global Lentil research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Lentil report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Lentil competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Lentil market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2031 |
Base Year | 2023 |
Forecast Period | 2023-2031 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | CAXA Srl, Armada Foods, The Archer Daniels Midland, AGT Food and Ingredients, Ingredion. |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Lentil Market from 2021 to 2031.
- Market Forecast for Lentil Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Lentil competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Lentil
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Lentil market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Lentil market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
CAXA Srl, Armada Foods, The Archer Daniels Midland, AGT Food and Ingredients, Ingredion.
Primary Target Market
- Market Players of Lentil
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Lentil market based on the below-mentioned segments:
Global Lentil Market, By Type
Yellow and Red
Green
Brown
Others
Global Lentil market, By Nature
Organic
Inorganic
Global Lentil Market, By End User
Snack Foods
Flour industry
Others
Global Lentil market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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