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2022
Lentil Protein Market

Lentil Protein Market by Nature (Organic and Conventional), Form (Isolates, Concentrates, and Hydrolysates), End Use (Food & Beverages, Infant Nutrition, Sports Nutrition, Pharmaceuticals, Animal Feed, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A16164
Pages: NA
Jul 2022 | 58 Views
   
Author(s) : Roshan Deshmukh
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Lentils are a member of the legume family and are a good source of protein. Lentils have a high protein and fiber content while having a low fat content. Growing consumer awareness of protein-rich foods is driving up demand for plant protein and, as a result, the growth rate of various forms of protein components. Consumer behavior toward food consumption is shifting, which is a major driver driving the lentil protein market forward. Lentil protein is a low-cost, high-quality plant-based protein.In affluent countries, increased awareness of the benefits of vegan products over animal-based products is fueling a surge in demand for lentil protein. Consumers are looking for healthier and less expensive protein sources that will improve their health.Other plant-based protein component sources, such as soy and wheat, are also good sources of protein, but they contain gluten and other hazardous elements that may not be suited for all customers. One of the primary factors projected to influence the growth of the lentil protein market is resistance to soy and protein sources, as well as the prohibition of animal protein in diets.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, LAMEA

Segments Covered

Nature, Form, End Use, and Region

Companies Covered

Ingredion Inc, Cargill Incorporation, AGT Food and Ingredients, The Archer Daniels Midland Company, Batory Foods, Parabel, Biorefinery Solutions, Henry Broch Foods, LENTEIN, BI Nutraceuticals, and SPROUT

 

COVID-19 Impact Analysis

  • People are more health conscious as a result of COVID-19. People are becoming more health-conscious, which has led to an increase in the usage of dietary supplements to help maintain the daily dose of important minerals and proteins that the body need for optimal health.
  • Supply chain interruptions and partial closures of international ports for export–import operations are affecting the market for lentil protein.
  • Manufacturers have production and supply constraints, and supply and demand dynamics are asymmetrical.

Top Impacting Factors

  • The demand for plant-based protein in formulated meals is rapidly increasing around the world, and this trend is unlikely to slow down anytime soon. As a result of shifting customer preferences, allergen-free nutrition product sales will continue to rise around the world.
  • Another key driver projected to enhance the lentil protein market during the assessment period is the exponential rise in the vegan population around the world, particularly in developed regions such as North America and Europe.
  • Having a large amount of muscular mass is a popular trend among today's consumers. The widely renowned body-building culture has spawned a market for numerous supplements, which is necessarily boosting market growth possibilities.

Market Trends

Lentil Protein's Nutritional Value and Benefits are Increasingly Recognized

Lentil proteins are made from lentils that are high in lysine, glutamic acid, arginine, and aspartic acid. Lentil is also high in important amino acids, which are difficult to come by in other plant-based protein sources. Essential amino acids included in lentil protein help the immune system work better and protect against many viral infections. Lentil also contains the amino acids lysine and arginine, which are believed to be good for people who lead active lives.

Furthermore, lentil protein contains sufficient amounts of iron to meet the body's iron requirements. Because people all over the world are shunning red meat, interest in plant-based goods is increasing, which is good news for the lentil protein market.Furthermore, current findings show that consumer preference for meat-based proteins is declining in some countries of the world as a result of increased knowledge of the benefits of veganism and vegetarianism– a key factor expected to boost the lentil protein market throughout the forecast period.

Demand Being Driven By Health Consciousness among Customers

For a growing number of consumers, health awareness is becoming a top priority. Synthetic colors and chemicals in food provide interesting tastes and flavors, but they have a long-term harmful influence on the body. As customers become more aware of these additives and preservatives, they are choosing healthier food products that will aid in their overall health. Functional foods, dietary supplements, and other nutritional alternatives are consumed by the majority of consumers.

Consumers also prioritize the prevention of chronic diseases, which influences their consumption of health-promoting foods. Lentil protein is a valuable source of nutrients such as protein, vitamins, carbs, and other essential nutrients. It also has disease-fighting capabilities. Consumers in developed nations such as Europe and North America are becoming more health conscious, as their consumer base has become more proactive. Because customers are more concerned about their health, demand for lentil protein is increasing over the world.

Key Benefits of the Report

  • This study presents the analytical depiction of the Lentil Protein industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Lentil Protein Marketshare.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the Lentil Protein Marketgrowth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Lentil Protein Marketanalysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

  • Which are the leading players active in the Lentil Protein Market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What is Lentil Protein Marketprediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the Lentil Protein Market?

Key Market Segments

Segments Sub-segments
Nature
  • Organic
  • Conventional
Form
  • Isolates
  • Concentrates
  • Hydrolysates
End Use
  • Food and Beverages
    • Bakery & Confectionery
    • Snacks & Cereals
    • Meat Additives
    • Beverages
    • Others
  • Infant Nutrition
  • Sports Nutrition
  • Pharmaceuticals
  • Animal Feed
  • Others
Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
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