The global Lentil market is extremely competitive and comprise several key players at regional and global levels. Major players are focusing on various key strategies such as mergers and acquisitions, partnerships, collaborations, joint ventures and research and development investments. Some of the key companies operating in the global Lentil market include: CAXA Srl, Armada Foods, The Archer Daniels Midland, AGT Food and Ingredients, Ingredion
This report on the Lentil market evaluates all vital aspects such as the size, share, demand, growth, gross profits, earnings, and revenue to estimate the growth of the industry in the future. It assesses the data gathered from the past years 2016 and 2017 to give an extensive view of the trends and predicts the possible rise of the industry during the years 2019 to 2026 while considering 2018 as the base year.
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Lentil is a type of an edible pulse with lens-shaped seeds and is grown annually. It is among the staple foods in India, Sri Lanka, Pakistan, Bangladesh, and Nepal. In terms of production, the market is mainly concentrated into three countries- India, Canada, and Australia. It contains a high amount of vitamins and provides fiber, potassium, vitamins, and iron, and does not contain any fat and cholesterol, making it an ideal food choice. More importantly, all these properties of lentils offer multiple health benefits such as the reduction in risk of cardiovascular diseases, controlling sugar levels, preventing cancer, and improving the metabolism and digestion.
The increased demand for ready-to-eat food products has increased the demand for lentil-based food product such as lentil bread. The escalating worldwide demand for ready-to-eat food products is driving the growth of the global market. Many snacks and bakery food products utilize lentil flour for their production, which is increasing the global demand. The increasing shift towards healthy diets, including pulses, longer shelf life, and the ability to grow on varying soil and climates are the other factors driving the global market forward.
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In addition, increasing funds for research and development activities and increasing focus on developing sustainable and eco-friendly products to fulfill consumer demand supporting market growth.
Regional Analysis covers:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- K.
- Rest of EU
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of MEA
Type Outlook:
- Yellow and Red
- Green
- Brown
- Others
Nature Outlook:
- Organic
- Inorganic
Key questions addressed in the Report:
- Which key players are operating in the global Lentil market?
- Which key factors are expected to hamper global market revenue growth?
- What market size is the global Lentil market expected to reach throughout the forecast period?
- Which application segment revenue is expected to expand at a rapid CAGR between 2021 and 2028?
- Which region is expected to account for robust revenue share throughout the forecast period?
- Which regional segment is expected to register fastest revenue CAGR throughout the forecast period?
- What revenue CGAR is the global Lentil market expected to register during the forecast period?
- What are the key outcomes of Porter’s Five Force analysis of the Lentil market?
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