About Lentils Flour
Lentils flour is produced from the milling process of different types of lentil grains, which is also known as pulses. Increasing demand for gluten-free products due to their various health benefits especially for people with celiac disease will accelerate the growth of lentils flours as it is most often used in gluten-free products. Lentils flour is highly utilized in the bakery products like bread, crackers, doughnuts, and is also blended with wheat flour to make cakes. Lentils are commonly grown in the cold climate region of India, Canada, and Turkey that is rich in proteins, fiber, and B vitamins.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 12.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Lentils Flour market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Herba Ingredients BV (Netherlands), Hearthy Foods (United States), Pulse Canada (Canada), PureLiving (United States), Ardent Mills (United States), Bunge Limited (United States), McKenzie's Foods (Australia), Ceres Organics (Australia), Blue Mountain Organics (United States) and Atura Proteins (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Lentils Flour market by Type (Sprouted Lentil Flour and Unsprouted Lentil Flour) and Region.
On the basis of geography, the market of Lentils Flour has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Lentils Flour market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Containers will boost the Lentils Flour market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Lentils Flour market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Fortification of Lentil Flours to Increase its Nutritional Quality
Market Growth Drivers:
Increased Adoption of Lentils Flour in the Bakeries as a Substitute of Wheat Flour and Growing Demand for Crackers and Bread for Snacks Among Consumers
Challenges:
The Presence of Multiple Lentils Flour Manufacturers in the Market
Restraints:
Lentils Contain High Amount of Lectins and Phytic Acid That May Hinder Nutrient from Being Absorbed and Cause Health Issues
Opportunities:
Growing Popularity of Grain-free Flours in the Developed Countries
Market Leaders and their expansionary development strategies
In June 2023, ADM has acquired Prairie Pulse Inc., owners of a pulse crop cleaning, milling and packaging facility in Vanscoy, Sask., doubling its pulse footprint in the region. Prairie Pulse’s operations in Vanscoy include origination, 12,000 tonnes of bulk storage, cleaning, milling, sorting, sizing and bagging. The pulse dehulling and splitting facility transforms lentils, chickpeas and peas into shelf- and food-ready products for domestic and international consumption.
Key Target Audience
Key Target Audience, New Entrants/Investors, Analysts and Strategic Business Planners, Lentils Flour Manufacturers, Suppliers and Distributors, Raw Material Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.