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Lentils are pulses which are rich providers of protein and carbohydrates. They are a good source of calcium, phosphorus, iron and B vitamins which make them an important staple food all over the world. Apart from nutritional benefits, pulses also help to prevent and combat chronic health issues such as diabetes, heart diseases and obesity. During 2016-2020, the global lentil market grew at a CAGR of around 5.8% . The market is currently being driven by increasing population in developing countries which continues to rely on pulses for protein diet and changing dietary habits in developed nations where people are opting for healthy, nutritious and sustainable foods. This report by Expert Market Research entitled “Lentil Market Report and Forecast 2021-2026” provides a comprehensive analysis for anyone who plans to foray into the lentil market.
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Historical market trends for the lentil industry have been provided from 2016-2021 and forecasts have been presented till 2026. On a regional level, the report has segmented the global lentil market into the following regions – Canada, India, Turkey, Australia and the United States of America. Canada currently represents the largest market. Additionally, the report has analysed the global market for lentil on the basis of its end use. Retail stores represent the biggest end use market followed by the snack food industry.
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The value chain analysis of lentil has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the lentil industry has also been provided. Some of the key players in this market include AGT Foods and Ingredients, Broadgrain, Simpson Seeds Inc., ADM-Benson Quinn, Adani Wilmar Pvt. Ltd. and Cargill Foods India.
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This report provides an exhaustive insight for setting-up and running a lentil manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the lentil industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.
Chapter 1 Preface
1.1 Research Methodology and Market Definitions
1.2 Introduction
1.3 Report Summary
Chapter 2 Global Lentil Market: Industry Overview
2.1 Key Factors Driving the Lentil Industry
2.2 Market Trends
2.3 Market Breakup by Region
2.3.1 Canada
2.3.2 India
2.3.3 Turkey
2.3.4 Australia
2.3.5 USA
2.3.6 Others
2.4 Market Breakup by End-Use
2.4.1 Retail Store
2.4.2 Snack Food Industry
2.4.3 Flour Industry
2.4.4 Others
2.5 SWOT Analysis
2.5.1 Strengths
2.5.2 Weaknesses
2.5.3 Opportunities
2.5.4 Threats
2.5 Value Chain Analysis
2.6 Imports & Exports
2.7 Market Outlook
Chapter 3 Porters Five Forces Analysis
3.1 Bargaining Power of Suppliers
3.2 Bargaining Power of Buyers
3.3 Threat of New Entrants
3.4 Threat of Substitutes
3.5 Degree of Competition
Chapter 4 Competitive Landscape
4.1 Competitive Structure
4.2 Market breakup by Key Players
4.3 Key Player Profiles
4.3.1 AGT Foods and Ingredients
4.3.2 Broadgrain
4.3.3 Simpson Seeds Inc
4.3.4 ADM Benson Quinn
4.3.5 Adani Wilmar Pvt. Ltd.
4.3.6 Cargill Foods India
4.3.7 Eaternal Health & Organic Foods Pvt. Ltd.
4.3.8 Victoria Foods Pvt. Ltd.
4.3.9 Solen Food Industry and Trade Inc.
4.3.10 Others
Chapter 5 Setting Up a Lentil Processing Plant
5.1 Key Success & Risk Factors for Manufacturing Lentil
5.2 Products Manufactured
5.3 Manufacturing Process Involved
5.4 Process Flow
5.5 Raw Material Requirements and Expenditures
Chapter 6 Capital Investments
6.1 Land Requirements and Investment
6.2 Construction Requirements and Investment
6.3 Machinery Requirements and Investment
6.4 Plant Layout
6.5 Other Capital Requirements and Investment
Chapter 7 Operating Expenditures
7.1 Raw Material Requirements and Expenditures
7.2 Packaging Requirements and Costs
7.3 Labour Requirements and Costs
7.4 Transportation Requirements and Costs
7.5 Utility Requirements and Costs
7.6 Financial Support
7.7 Other Operating Expenditures
Chapter 8 Project Economics
8.1 Techno-Economic Parameters
8.2 Product Pricing and Margins
8.3 Income Projections
8.4 Expenditure Projections
8.5 Taxation
8.6 Depreciation
8.7 Financial Analysis
List of Figures
Figure 2 1: Global Lentil Market: Production Volume Trend (in Million Tons), 2016-2020
Figure 2 2: Global Lentil Market: Breakup by Region (in %), 2020
Figure 2 3: Global Lentil Market: Production Breakup by Country (in %), 2020
Figure 2 4: Global Lentil Market: Consumption Breakup by End-Use (in %), 2020
Figure 2 5: Global Lentil Market: Value Chain Analysis
Figure 2 6: Global Lentil Market: Export Volume Breakup by Country (in %), 2020
Figure 2 7: Global Lentil Market: Export Volume Trend (in Tons), 2016-2020
Figure 2 8: Global Lentil Market: Import Volume Breakup by Country (in %), 2020
Figure 2 9: Global Lentil Market: Import Volume Trend (in Tons), 2016-2020
Figure 2 10: Global Lentil Market Forecast: Production Volume (in Million Tons), 2021-2026
Figure 4 1: Global Lentil Market: Breakup by Key Players (in %), 2020
Figure 5 1: Lentil Processing Plant: Detailed Process Flow
Figure 5 2: Lentil Processing Plant: Various Types of Unit Operations Involved
Figure 5 3: Lentil Processing Plant: Conversion Rate of Feedstock
Figure 6 1: Lentil Processing Plant: Breakup of Capital Costs (in %)
Figure 7 1: Lentils Processing Plant: Lentils Packaging
Figure 8 1: Lentil Processing Plant: Breakup of Operating Cost (in %)
List of Tables
Table 2 1: Global Lentil Market: Export Volumes and Values of Major Countries, 2020
Table 2 2: Global Lentil Market: Import Volumes and Values of Major Countries, 2020
Table 4 1: Global Lentil Market: Top Producing Countries and Players, 2020
Table 6 1: Lentil Processing Plant: Capital Costs (in USD)
Table 6 2: Lentil Processing Plant: Land Requirements and Costs (In USD)
Table 6 3: Lentil Processing Plant: Construction Requirements and Costs (in USD)
Table 6 4: Lentil Processing Plant: Machinery Requirements and Costs (In USD)
Table 6 5: Lentil Processing Plant: Other Capital Costs (in USD)
Table 7 1: Lentil Processing Plant: Raw Material Requirements and Costs (in Tons/Year)
Table 7 2: Lentil Processing Plant: Labour Requirements and Costs (in USD)
Table 7 3: Overview of Financial Support
Table 7 4: Lentil Processing Plant: Yearly Instalments (in USD)
Table 8 1: Lentil Processing Plant: Various Techno-Economic Parameters
Table 8 2: Lentil Processing Plant: Income Projections (in USD)
Table 8 3: Lentil Processing Plant: Expenditure Projections (in USD)
Table 8 4: Lentil Processing Plant: Cash Flow Analysis (Without Considering Taxes)
Table 8 5: Lentil Processing Plant: Cash Flow Analysis (On Considering Taxes)
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