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Global Lentil Market Size, Shre, Price, Outlook: Production By Variety: Red, Green, Others; Regional Analysis: Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Value Chain Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments
Global Lentil Market Outlook
The global lentil market attained a volume of 8.30 million tons in the year 2021. The market is expected to witness a CAGR of 1.8% during the forecast period of 2023-2028.
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North America Market Holds the Significant Market Share of Lentil
The surging production and consumption of lentils in North America, majorly in Canada, is driving the market growth of lentils in North America. Canada is holding a significant share in the market growth of lentil across North America owing to the increasing production and export of lentils across the world. The growing urban population, changing lifestyles, increasing household incomes, along with changing tastes and preferences among consumers, is driving the demand for lentils in North America. Additionally, India remained the largest destination for Canada to export lentils in 2020, which is further influencing the market growth of lentil positively. The government of Canada supporting the Canadian pulses by investing huge funds is expected to aid the market growth of lentils in the region over the forecast period.
The market growth of lentils is expected to witness substantial growth in North America and the Asia Pacific due to the surging consumption of high protein legumes in the regions as the food companies include lentils in various food products ranging from breakfast cereals to snacks. Also, due to the surging contribution of countries like the USA, Canada, Australia, and India toward the production of lentil, the market growth of lentils is likely to witness robust growth over the coming years. The augmenting demand for ready-to-eat food products among consumers due to hectic lifestyles has enhanced the demand for functional food products like lentil bread, which is further aiding the market demand for lentils. Several bakery and snack food products use lentil flour for their production, which is augmenting the market growth of lentils.
Market Segmentation
Lentils are pulses that are rich providers of protein, carbohydrates, calcium, phosphorus, iron, fibre, and vitamins A and B. The health benefits derived from the consumption of lentils make them an important staple food all over the world.
On the basis of type, the market is segmented into:
- Red
- Green
- Others
On the basis of mode of transport, the market is segmented into:
- Air
- Sea
- Land
The market for lentil, by end-use, is divided into:
- Retail Store
- Flour Industry
- Others
The EMR report looks into the regional markets of lentil like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.
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Growing Health Concerns Among Consumers to Augment the Market Demand for Lentil
The global market for lentil is currently being driven by the increasing population in developing countries, which continues to rely on pulses for protein diet. Further, changing dietary habits in developed nations where people are opting for healthy, nutritious, and sustainable foods, are also helping the market progress. Apart from nutritional benefits, pulses also help to prevent and combat chronic health issues, such as diabetes, heart diseases, and obesity, which is expected to bolster the demand for lentils across the globe over the forecast period.
Going further, the low cost of lentils is further influencing consumers to consume them as a staple food in various countries such as Nepal, India, and Sri Lanka, among others, which is likely to boost the market growth of lentil. Moreover, the rising health consciousness among people and growing awareness about the availability of organically produced lentils has propelled the organised food retail sector to stock organic lentils in supermarkets and hypermarkets, retail stores, and online, among others, which, in turn, is influencing the market growth of lentils positively.
Key Players in the Global Lentil Market
The report presents a detailed analysis of the following key players in the global lentil market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- AGT Food and Ingredients Inc.
- BroadGrain Commodities Inc.
- Simpson Seeds Inc.
- Archer Daniels Midland Company
- Eaternal Health & Organic Foods
- Adani Wilmar Ltd
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Production By Variety |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Trade Data Analysis |
|
| Price Analysis |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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.
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 (2018-2022)
8.3 Global Lentils Production Forecast (2023-2028)
8.4 Global Lentils Production by Variety
8.4.1 Red
8.4.1.1 Demand Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Green
8.4.2.1 Demand Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Europe
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Asia Pacific
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Latin America
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Middle East and Africa
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
9 Global Lentils Demand Analysis
9.1 Key Industry Highlights
9.2 Global Lentils Historical Demand (2018-2022)
9.3 Global Lentils Demand Forecast (2023-2028)
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 (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Sea
9.4.2.1 Demand Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Land
9.4.3.1 Demand Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.5 Global Lentils Demand by Region
9.5.1 North America
9.5.1.1 Historical Trend (2018-2022)
9.5.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.2.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.3.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.5.2 Forecast Trend (2023-2028)
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 (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
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
List of Figures and Tables
1. Global Lentils Production: Key Industry Highlights, 2018 and 2028
2. Global Lentils Historical Production: Breakup by Variety (KMT), 2018-2022
3. Global Lentils Production Forecast: Breakup by Variety (KMT), 2023-2028
4. Global Lentils Historical Production: Breakup by Region (KMT), 2018-2022
5. Global Lentils Production Forecast: Breakup by Region (KMT), 2023-2028
6. Global Lentils Demand: Key Industry Highlights, 2018 and 2028
7. Global Lentils Historical Demand: Breakup by Mode of Transport (KMT), 2018-2022
8. Global Lentils Demand Forecast: Breakup by Mode of Transport (KMT), 2023-2028
9. Global Lentils Historical Demand: Breakup by Region (KMT), 2018-2022
10. Global Lentils Demand Forecast: Breakup by Region (KMT), 2023-2028
11. North America Lentils Historical Demand: Breakup by Country (KMT), 2018-2022
12. North America Lentils Demand Forecast: Breakup by Country (KMT), 2023-2028
13. Europe Lentils Historical Demand: Breakup by Country (KMT), 2018-2022
14. Europe Lentils Demand Forecast: Breakup by Country (KMT), 2023-2028
15. Asia Pacific Lentils Historical Demand: Breakup by Country (KMT), 2018-2022
16. Asia Pacific Lentils Demand Forecast: Breakup by Country (KMT), 2023-2028
17. Latin America Lentils Historical Demand: Breakup by Country (KMT), 2018-2022
18. Latin America Lentils Demand Forecast: Breakup by Country (KMT), 2023-2028
19. Middle East and Africa Lentils Historical Demand: Breakup by Country (KMT), 2018-2022
20. Middle East and Africa Lentils Demand Forecast: Breakup by Country (KMT), 2023-2028
21. Major Exporting Countries by Value
22. Major Importing Countries by Value
23. Major Exporting Countries by Volume
24. Major Importing Countries by Volume
25. North America Historical Price Trends and Forecast 2018-2028
26. Europe Historical Price Trends and Forecast 2018-2028
27. Asia Pacific Historical Price Trends and Forecast 2018-2028
28. Latin America Historical Price Trends and Forecast 2018-2028
29. Middle East and Africa Historical Price Trends and Forecast 2018-2028
30. Global Lentils Demand Structure
Key Questions Answered in the Report
The major drivers of the market include the increasing population, growing organised retail sector, improving living standards, and changing dietary patterns.
The rising awareness among individuals about the harmful effects of synthetic chemicals and increasing application as taste and aroma enhancers are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The end-uses include retail store, flour industry, among others.
The major players in the industry are AGT Foods and Ingredients, BroadGrain Commodities Inc., Simpson Seeds Inc., Archer Daniels Midland Company, Eaternal Health & Organic Foods, Adani Wilmar Ltd, Others.
Analyst Review
The global lentil market was driven by the rising awareness among individuals about the harmful effects of synthetic chemicals. Aided by the growing organised retail sector, and changing dietary patterns, the market is expected to witness a CAGR of 1.8% in the forecast period of 2023-2028.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of type, the market can be divided into red and green, among others. based on mode of transport, the market is segmented into air, sea, and land. The end-uses include retail store, flour industry, among others. The major regional markets for the lentil market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. The major players in the industry are AGT Foods and Ingredients, BroadGrain Commodities Inc., Simpson Seeds Inc., Archer Daniels Midland Company, Eaternal Health & Organic Foods, Adani Wilmar Ltd, Others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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