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Lentil Market Report and Forecast 2023-2028

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    Report

  • 68 Pages
  • April 2023
  • Region: Global
  • Expert Market Research
  • ID: 5775077
As per the report, the global lentil market attained a volume of 8.45 MMT in 2022. Aided by the increasing demand for plant-based protein sources and the growing adoption of healthy diets, the market is expected to grow at a CAGR of 1.8% between 2023 and 2028 to reach a volume of 9.42 MMT by 2028.

Lentils are legumes that are rich in vitamins, protein, minerals, and fibre. They come in several types, including green, brown, red, yellow, and black lentils, and can be eaten whole, split, or processed into goods like lentil flour. A healthy diet should include lentils since they have many health advantages, including better digestion, help with weight control, and a lower risk of developing chronic diseases.

The increasing demand for plant-based protein sources and the growing adoption of healthy diets are driving the global lentil market growth. Consumers are becoming more health-conscious and are opting for foods that provide essential nutrients, such as vitamins, plant-based proteins, dietary fibre, and minerals. Lentils, being a rich source of these nutrients, have gained popularity as a staple food in many regions, thereby fuelling the lentil market.

Lentil flour, produced by grinding whole or split lentils, is gaining traction as a gluten-free alternative to wheat flour in baking and cooking applications. Lentil flour is rich in protein and fibre, making it a healthier option for consumers with dietary restrictions or those looking for nutritious substitutes for traditional flours.

Furthermore, the rising awareness of the environmental impact of animal-based protein sources has prompted consumers to shift towards more sustainable plant-based alternatives, such as lentils. This shift in consumer preference has created a positive impact on the global lentil market development. Also, the market has expanded as a result of the rising demand for products that are free of allergens and gluten, as lentil-based products meet the needs of customers who have certain dietary constraints.

The growing popularity of ethnic and plant-based cuisine has also contributed to the growth of the global lentil market. Lentils are a key ingredient in various traditional dishes, such as Indian dals, Middle Eastern stews, and Mediterranean salads. As more consumers explore diverse culinary options, the demand for lentils is expected to increase further.

Market Segmentation

The market can be divided based on lentils production, lentils demand, and region.

Market Breakup by Lentils Production

Variety

  • Red
  • Green
  • Others

Market Breakup by Lentils Demand

Mode of Transport

  • Air
  • Sea
  • Land

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global biochar companies. Some of the major key players explored in the report 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
*The publisher always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 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 Mechanism15 Seasonality16 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 Developments1 Preface2 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 Mechanism15 Seasonality16 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

Companies Mentioned

  • AGT Food and Ingredients Inc.
  • BroadGrain Commodities Inc.
  • Simpson Seeds Inc.
  • Archer Daniels Midland Company
  • Adani Wilmar Ltd.
  • Eaternal Health & Organic Foods

Methodology

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Table Information