According to the recent report by IMARC Group, titled “Lentil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global lentil market size reached around 11.30 Million Tons in 2020. Lentils, also known as Lens culinaris, are consumed as a staple food in several countries across the globe. They are edible legume crops that are specially cultivated for both food and feed purposes. There are different types of lentils available in the market, such as black, green, and red lentils. They are rich in proteins, vitamins A & B, and minerals like manganese, iron, folate, and potassium. Moreover, lentils have a low calorie and fat content and cost lesser than other food crops, due to which they are widely consumed by the vegetarian populations in the South Asian regions. Lentils also offer several health benefits, such as improved digestion, cancer prevention, low risk of cardiovascular diseases, and enhanced metabolism, owing to which they have gained popularity worldwide. Besides this, lentils also find applications as animal feed and are combined with cereals to provide a balanced diet of micronutrients and essential amino acids.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Lentil Market Trends:
Lentils possess a balanced combination of carbohydrates and proteins that helps in replenishing energy after a workout, improving stamina, and repairing muscle damage. As a result, health-conscious individuals and athletes include lentils in their diet, thereby acting as one of the major growth-inducing factors. Besides this, lentils are extensively used in Indian cuisine to prepare a plethora of food items like dal, papad, dosa, salted crepes, soups, and side dishes. Moreover, they play a vital role in the daily meal of vegetarians and vegans as lentils are the major source of protein for them. A large number of consumers shifting toward a vegan and vegetarian diet has further aided in providing an impetus to the market growth. Furthermore, key players are adopting innovative techniques to attract more consumers by introducing organic lentil flour with a low-glycemic index, gluten-free, and non-GMO variants, thereby creating a positive outlook for the market. On account of these factors, the market is expected to reach 20.8 Million Tons by 2026, growing at a CAGR of 10.80% during the forecast period (2021-2026).
- On the basis of the end use, the market has been divided into the snack food industry, home use, flour industry, and others. Currently, the home use segment holds the majority of the total market share.
- Region-wise, the market has been classified into India, Canada, Turkey, Australia, Nepal, and Others. Amongst these, Canada represents the leading market for lentils.
- The competitive landscape of the market has been analyzed in the report, with the detailed profiles of the key players operating in the market.
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