The lentil is an edible legume and considered to be a rich source of protein. Lentils have a high amount of protein and fiber, and fat content is low. They are lens-shaped, which are sold with or without their outer husks intact. Different types and colors of lentils are available in the market ranging from red and yellow to green-brown or black. Lentils are a great source of iron, vitamins, magnesium, potassium, zinc, and plant-based protein and fiber.
MARKET DYNAMICS
Lentils proteins are generally utilized in the creation of dietary enhancements and practical nourishments, consequently driving the worldwide lentils protein market. Because of the high proteins and fibers, they are widely utilized in sports nutrition products. Lentil protein will observe massive development later on attributable to its more popular than the conventional proteins. Further, more consumers are switching to leisure lifestyles and adopting healthy foods. The rising awareness regarding the advantages of vegan products over animal-based products in developed countries is also surging the demand for lentil protein. Growing awareness regarding the nutritional value and benefits of lentil proteins will flourish the demand of lentils in the market. The organizations are endeavoring to improve the proficiency of lentil proteins, consequently opening entryways for new development openings over the world.
MARKET SCOPE
The "Global Lentil Protein 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 protein market with detailed market segmentation by product type, nature, application and geography. The global lentil protein market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lentil protein market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global lentil protein market is segmented on the basis of product type, nature, and application. On the basis of product type the global lentil protein market is segmented into protein isolates, protein concentrates, and protein hydrolysates. By nature the lentil protein market is classified into organic and conventional. Based on application the global lentil protein market is segmented into food and beverages, sports nutrition, pharmaceuticals, animal feed, and others.
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 global lentil protein 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 protein 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 the lentil protein 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 the lentil protein market in these regions.
MARKET PLAYERS
The reports cover key developments in the lentil protein 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 protein market are anticipated to lucrative growth opportunities in the future with the rising demand for lentil protein in the global market. Below mentioned is the list of few companies engaged in the lentil protein market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the lentil protein 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.
- AMCO Proteins
- AGT Food and Ingredients
- Henry Broch Foods
- BI Nutraceuticals
- GEMEF INDUSTRIES
- BI Nutraceuticals
- The Archer Daniels Midland
- Cargill
- Biorefinery Solutions
- Vestkorn
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.