Global Lentil Market Report and Forecast 2022-2027
Market Report I 2022-08-31 I 155 Pages I EMR Inc.
Global Lentil Market Report and Forecast 2022-2027
Market Outlook
According to the report by Expert Market Research (EMR), the global lentil market attained a volume of 8.30 MMT in the year 2021. The market is expected to witness a CAGR of 1.8% during the forecast period of 2022-2027.
Lentil is defined as an edible bean which belongs to the legume family. Lentils are extremely healthy and are high in protein and fibre. Lentils can be found in different textures and tastes. The versatility and superior taste of the product makes it applicable in food and beverage industry. The thriving food and beverage industry, bolstered by the increasing population, is driving the growth of the global lentil market.
Lentil is easy to prepare and is highly nutritional. It contains high levels of protein and carbohydrate, which helps people maintain a nutrition rich diet. They contain essential amino acid, along with minerals such as calcium, potassium, and magnesium, among others. The increasing inclination of population towards healthy diets to achieve attractive and muscular body is propelling the demand for lentils.
Additionally, lentil reduces the risk of heart diseases, which is another key growth driving factor because of the increasing prevalence of heart strokes and heart failures among the geriatrics.
Lentil offer selenium, which injects the T-cells in humans, are crucial in fighting cancer. In this regard, the increasing prevalence of cancer is aiding the global lentil market. Meanwhile, the growing expansion of the e-commerce industry is a major factor, which is increasing the sale of clean labelled lentil cans with decent quantity. Hence, the online grocery delivery platforms which are accessible through a smartphone is expanding the reach of the product.
Moreover, lentil contains significant amount of folate which promotes the health of pregnant women and their babies. It prevents neural tube effects, which keeps the infant safe. This might lead to a transition of the diet of pregnant women towards healthy alternatives, which is anticipated to bolster the lentil market.
Furthermore, the growing research and development activities by the food producers are leading to the production of innovative food products, which are likely to gain traction in the forecast period of 2022-2027. Some of the examples include lentil chips, lentil soup, lentil snaps, and lentil grain bread, among others.
In terms of region, North America accounts for a significant share of the market. The increasing prevalence of obesity among young Americans is leading to a change in lifestyles which is in turn propelling the consumption of clean labelled lentil products. In addition to this, the well-established food industry with stable economy of well-developed economies such as the United States of America is providing impetus to the lentil market.
The Asia Pacific, on the other hand, is anticipated to witness healthy growth in the forecast period of 2022-2027 due to the large population base across developing nations, such as India and China. Moreover, the rising per capita income in some parts of the region is further increasing awareness pertaining to healthy premium packaged food products.
Market Segmentation
The market can be divided on the basis of variety and major region.
Market Breakup of Lentil Production by Variety
- Red
- Green
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- AGT Food and Ingredients Inc.
- BroadGrain Commodities Inc.
- Simpson Seeds Inc.
- Archer Daniels Midland Company
- Adani Wilmar Ltd.
- Eaternal Health & Organic Foods
- Others
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Demand Definition and Outlook
3.2 Properties and Applications
3.3 Demand Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Lentils Production Analysis
8.1 Key Industry Highlights
8.2 Global Lentils Historical Production (2017-2021)
8.3 Global Lentils Production Forecast (2022-2027)
8.4 Global Lentils Production by Variety
8.4.1 Red
8.4.1.1 Demand Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Green
8.4.2.1 Demand Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Lentils Production by Region
8.5.1 North America
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Europe
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Asia Pacific
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Latin America
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Middle East and Africa
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
9 Global Lentils Demand Analysis
9.1 Key Industry Highlights
9.2 Global Lentils Historical Demand (2017-2021)
9.3 Global Lentils Demand Forecast (2022-2027)
9.4 Global Lentils Demand by Mode of Transport
9.4.1 Air
9.4.1.1 Demand Share
9.4.1.2 Historical Trend (2017-2021)
9.4.1.3 Forecast Trend (2022-2027)
9.4.2 Sea
9.4.2.1 Demand Share
9.4.2.2 Historical Trend (2017-2021)
9.4.2.3 Forecast Trend (2022-2027)
9.4.3 Land
9.4.3.1 Demand Share
9.4.3.2 Historical Trend (2017-2021)
9.4.3.3 Forecast Trend (2022-2027)
9.5 Global Lentils Demand by Region
9.5.1 North America
9.5.1.1 Historical Trend (2017-2021)
9.5.1.2 Forecast Trend (2022-2027)
9.5.1.3 Breakup by Country
9.5.1.3.1 United States of America
9.5.1.3.2 Canada
9.5.2 Europe
9.5.2.1 Historical Trend (2017-2021)
9.5.2.2 Forecast Trend (2022-2027)
9.5.2.3 Breakup by Country
9.5.2.3.1 United Kingdom
9.5.2.3.2 Germany
9.5.2.3.3 France
9.5.2.3.4 Italy
9.5.2.3.5 Others
9.5.3 Asia Pacific
9.5.3.1 Historical Trend (2017-2021)
9.5.3.2 Forecast Trend (2022-2027)
9.5.3.3 Breakup by Country
9.5.3.3.1 China
9.5.3.3.2 Japan
9.5.3.3.3 India
9.5.3.3.4 ASEAN
9.5.3.3.5 Australia
9.5.3.3.6 Others
9.5.4 Latin America
9.5.4.1 Historical Trend (2017-2021)
9.5.4.2 Forecast Trend (2022-2027)
9.5.4.3 Breakup by Country
9.5.4.3.1 Brazil
9.5.4.3.2 Argentina
9.5.4.3.3 Mexico
9.5.4.3.4 Others
9.5.5 Middle East and Africa
9.5.5.1 Historical Trend (2017-2021)
9.5.5.2 Forecast Trend (2022-2027)
9.5.5.3 Breakup by Country
9.5.5.3.1 Saudi Arabia
9.5.5.3.2 United Arab Emirates
9.5.5.3.3 Nigeria
9.5.5.3.4 South Africa
9.5.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code-071340)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
14 Procurement Mechanism
15 Seasonality
16 Future Markets (Impact and Physical Settlement)
17 Competitive Landscape
17.1 Demand Structure
17.2 Key Buyers and Traders
17.3 Company Profiles
17.3.1 AGT Food and Ingredients Inc.
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Certifications
17.3.2 BroadGrain Commodities Inc.
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Certifications
17.3.3 Simpson Seeds Inc.
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Certifications
17.3.4 Archer Daniels Midland Company
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Certifications
17.3.5 Adani Wilmar Ltd.
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Certifications
17.3.6 Eaternal Health & Organic Foods
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Demographic Reach and Achievements
17.3.6.4 Certifications
17.3.7 Others
18 Industry Events and Developments
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