Lentil is basically an edible pulse, which was historically a major part of the diet of ancient Iranians, who used to consume lentils in the form of a stew poured over rice. Lentil as a food crop, the majority of its world production is concentrated in countries such as Canada, India, and Australia. Lentil as a flour, there are many staple preparations that use lentil flour as a mixture for bread and snack preparation and is mostly found in the same areas. Lentils are one of the most excellent sources of vitamin and provide fiber, potassium, and iron. Lentil is virtually devoid of fat making and also contains no cholesterol, which in turn makes it a preferred choice for the healthy consumers to have a healthy diet, and also due to its health benefits a consumer driver demand for lentil flour is well observed in the regions of Europe.
MARKET DYNAMICS
Across the world, consumers nowadays are looking for a healthier lifestyle, which can be achieved by consuming lentil flour. Due to the growing health and diet concerns and preference for healthy products, flour blends including lentil, chickpea, and pre-gelatinized flours mainly rice and corn flour are used in baked products, these provide gluten-free and healthier options when compared to conventional wheat flour. The increase in the disposable income of the consumers, as well as the concerns about consumption regarding the flour-based product, are driving the growth of the lentil flour market. Thus, in the coming years, the demand for baked products is expected to increase, which is likely to increase the demand for flours, including lentil in different regions.
MARKET SCOPE
The "Global Lentil Flour Market Analysis to 2028? is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the lentil flour market with detailed market segmentation by application, product type, distribution channel, and geography. The global sesame oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lentil flour market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global lentil flour market is segmented on the basis of source, end use and type. On the basis of source the market is segmented into organic and conventional. On the basis of end use the market is segmented into instant food, bakery and snacks, and others. On the basis of type the market is segmented into red lentil flour, green lentil flour, brown lentil flour, and yellow lentil flour.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the lentil flour market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The lentil flour market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting lentil flour market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting lentil flour market in these regions.
MARKET PLAYERS
The reports cover key developments in the lentil flour market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from lentil flour market are anticipated to lucrative growth opportunities in the future with the rising demand for lentil flour in the global market. Below mentioned is the list of few companies engaged in the lentil flour market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the lentil flour market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AGT Food and Ingredients Inc.
- Associated British Foods plc
- Best Cooking Pulses, Inc.
- Blue Mountain Organics Distribution, LLC.
- Healthy Food Ingredients, LLC
- Ingredion Incorporated
- Martinorossi SpA
- Molino Rossetto SpA
- Pure Living Organic
- The Archer-Daniels-Midland Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.