Report Overview

The global lentil market attained a volume of 8.60 million tons in the year 2023. The market is expected to witness a CAGR of 1.8% during the forecast period of 2024-2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • As per the Food and Agriculture Organization (FAO), the top lentil-growing country in 2022 was Canada at 2.3 million tonnes.
  • India was expected to become the largest producer of lentils across the world in 2023-24.
  • 100 grams of cooked lentils contain 9.02 grams of protein, which makes them popular among gym-going people and bodybuilders.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global lentil market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions. Companies are readily developing innovative lentil-based products such as lentil protein isolates and snacks. These products cater to the growing consumer demand for gluten-free and plant-based alternatives in various food products such as snacks, flour, and protein supplements, among others.

Key Industry Players

AGT Food and Ingredients Inc.

AGT Foods is a leading supplier of pulses, staple foods, and various ingredients. The company processes a wide range of crops, including lentils, peas, chickpeas, and beans. Headquartered in Canada, AGT Foods is well-regarded for its dedication to the global pulse market, with operations spanning North America, Europe, and the Middle East.

Simpson Seeds Inc.

Simpson Seeds, a family-owned business located in Saskatchewan, Canada, has made a name for itself in the market. Known for producing and exporting high-quality lentils, the company emphasises product excellence and ensures that its lentils meet rigorous global standards.

BroadGrain Commodities Inc.

The company, based in Canada, focuses on the international trade of grains, pulses, oilseeds, and their by-products. It manages a fully integrated supply chain that includes sourcing, processing, and exporting agricultural commodities, such as lentils, to markets around the world.

Other major market players in the lentil market are Archer Daniels Midland Company, Eaternal Health & Organic Foods, and Adani Wilmar Ltd, among others.

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Lentil Market Report Snapshots

Lentil Market Size

Lentil Market Share

Lentil Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The major drivers of the market include the increasing population, growing organised retail sector, improving living standards, and changing dietary patterns.

The rising awareness among individuals about the harmful effects of synthetic chemicals and increasing application as taste and aroma enhancers are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The end-uses include retail store, flour industry, among others.

The major players in the industry are AGT Foods and Ingredients, BroadGrain Commodities Inc., Simpson Seeds Inc., Archer Daniels Midland Company, Eaternal Health & Organic Foods, Adani Wilmar Ltd, Others.

In 2023, the global lentil market attained a volume of 8.60 million tons.

The market is projected to grow at a CAGR of 1.8% between 2024 and 2032.

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