Global Lentil Market to Reached 8.30 Million Tons in the Year 2023

A member of the legume family, lentils have become a staple all across the world, particularly in the developing regions such as India, Pakistan, Sri Lanka and Bangladesh. Lentils are loaded with all the essential nutrients which include vitamin A & B, proteins, potassium, iron, minerals, fibres and complex carbohydrates. These nutrients help to detoxify the body, prevent inflammation, improve digestive system and immune system, boost the functioning of the heart, increase satiety, help to lose weight and fight fatigue. 

The common types of lentil available in different colours are green, red, yellow, brown and black colour. Over the past several years, the demand for lentils in the food industry has increased on account of their earthy flavour and taste-enhancing capability. Moreover, their long shelf-life, low cost and ease of cooking have also influenced the demand for lentils worldwide. They are extensively used in the form of flour and split pieces in a variety of dishes such as bakery products, breading, batters, snack foods, beverages and meat products. Some of the other growth inducing factors include huge population growth, increasing disposable incomes, a shift towards ready-to-eat foods and the growth of the organised food retail sector. According to a new report by Expert Market Research, the global lentil market reached a volume of 8.30 Million Tons in 2021 and is is expected to witness a CAGR of 1.8% during the forecast period of 2024-2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Key findings from the report:

• The major types of lentils are red, green, and others. In 2021, red lentis accounted for the largest share of the total global consumption.

• The major end-use sectors of lentils are retail store, flour industry and others. 

• Country-wise, Canada dominated the market with a share of more than one-third of the global production in 2020. This can be attributed to the favourable soil and weather conditions in the region. Canada was followed by India, Turkey, Australia, the United States and others.

• Some of the players operating in the global lentils market include AGT Foods and Ingredients, Broadgrain, Simpson Seeds Inc, ADM Benson Quinn, Adani Wilmar Pvt. Ltd., Cargill Foods India, Eaternal Health & Organic Foods Pvt. Ltd., Victoria Foods Pvt. Ltd., Solen Food Industry and Trade Inc. and others.

Expert Market Research has analysed the global lentil market according to end-use, major regions and top players:

Market breakup by Type

• Red

• Green

• Others

Market breakup by Mode of Transport

• Air

• Sea

• Land

Market breakup by End-use

• Retail Store

• Flour Industry

• Others

Market breakup by Region

• Canada

• India

• Turkey

• Australia

• United States

• Others

Top players

• AGT Food and Ingredients Inc.

• BroadGrain Commodities Inc.

• Simpson Seeds Inc.

• Archer Daniels Midland Company 

• Adani Wilmar Pvt. Ltd.

• Eaternal Health & Organic Foods

• Others

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.