Global Lentil Market to Reach 7.9 Million Tons by 2022
A member of the legume family, lentils have become a staple all across the world, particularly in the developing regions such as India, Pakistan, Sri Lanka and Bangladesh. Lentils are loaded with all the essential nutrients which include vitamin A & B, proteins, potassium, iron, minerals, fibres and complex carbohydrates. These nutrients help to detoxify the body, prevent inflammation, improve digestive system and immune system, boost the functioning of the heart, increase satiety, help to lose weight and fight fatigue.
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The common types of lentil available in different colours are green, red, yellow, brown and black colour. Over the past several years, the demand for lentils in the food industry has increased on account of their earthy flavour and taste-enhancing capability. Moreover, their long shelf-life, low cost and ease of cooking have also influenced the demand for lentils worldwide. They are extensively used in the form of flour and split pieces in a variety of dishes such as bakery products, breading, batters, snack foods, beverages and meat products. Some of the other growth inducing factors include huge population growth, increasing disposable incomes, a shift towards ready-to-eat foods and the growth of the organised food retail sector. According to a new report by Expert Market Research, the global lentil market reached a volume of 5.9 Million Tons in 2016 and is further expected to reach 7.9 Million Tons by 2022.
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Key findings from the report:
- The major end-use sectors of lentils are retail store, snack food industry, flour industry and others. In 2016, retail store accounted for the largest share of the total global consumption.
- Country-wise, Canada dominated the market with a share of more than one-third of the global production in 2016. This can be attributed to the favourable soil and weather conditions in the region. Canada was followed by India, Turkey, Australia, the United States and others.
- Some of the players operating in the global lentils market include AGT Foods and Ingredients, Broadgrain, Simpson Seeds Inc, ADM Benson Quinn, Adani Wilmar Pvt. Ltd., Cargill Foods India, Eaternal Health & Organic Foods Pvt. Ltd., Victoria Foods Pvt. Ltd., Solen Food Industry and Trade Inc. and others.
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Expert Market Research has analysed the global lentil market according to end-use, major regions and top players:
Market breakup by End-use
Snack Food Industry
Market breakup by Region
AGT Foods and Ingredients
Simpson Seeds Inc
ADM Benson Quinn
Adani Wilmar Pvt. Ltd.
Cargill Foods India
Eaternal Health & Organic Foods Pvt. Ltd.
Victoria Foods Pvt. Ltd.
Solen Food Industry and Trade Inc.
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