The lentils flour market is projected to register a CAGR of 12% during the forecast period, up from US$ 4.87 Bn in 2021 to reach a valuation of US$ 17 Bn by 2032.
The lentils flour market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the demand for lentils flour making it more accessible to customers in the global lentils flour market.
| Report Attribute | Details |
| Estimated Base Year Value (2021) | US$ 4.87 Billion |
| Expected Market Value (2022) | US$ 5.5 Billion |
| Anticipated Forecast Value (2032) | US$ 17 Billion |
| Projected Growth Rate (2022-2032) | 12 % CAGR |
Sales of lentils flour is expected to rise significantly. In addition to this, demand for lentils flour is rising on account of US$ 9.7 Bn by 2026. Increasing demand for lentils flour is also projected to contribute to the growth of the lentils flour market share.
Manufacturers in the lentils flour market get a big platform from which to serve the whole demand for lentils flour. The worldwide lentils flour market is seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for lentils flour more accessible to customers.
McKenzie's Foods, Healthy Food Ingredients, LLC, Martino Rossi spA, Molino Rossetto SpA, pure living Organic, Blue Mountain Organics, and Bunge North America, Inc. are some of the leading participants in the lentils flour market.
The primary aspect driving the demand for lentils flour market is the flour's versatility. Consumers' growing health consciousness has aided in the demand for lentils flour. Consumers worldwide are increasingly incorporating a healthy diet into their daily lives, which is another reason driving the lentils flour market.
Consumers in fast-paced metropolitan regions are more receptive to ready-to-eat nutritious food, which is boosting the sales of lentils flour. The primary constraint on the lentils flour market is the availability of replacements such as high protein flour, medium protein flour, wheat flour, and similar items.
Additionally, there is an increasing consumer desire for gluten-free leads to the overall demand for lentils flour. Increased marketing and branding for sales of lentils flour is also propelling the global lentils flour market.
There are several potentials for manufacturers in the lentils flour market. Globally, the growth in consumers' per capita income has created an enormous opportunity for manufacturers. The whole demand for lentils flour, food and beverage business is developing at a rapid clip, providing firms with enormous prospects of sales of lentils flour.
North America and Europe’s growing sales of lentils flour is due to knowledge of the health advantages of pulses is the primary driving demand for lentils flour. Consumers with greater purchasing capacity have been including pulse flours into their regular meals as part of their effort to improve their diet's health.
Diverse countries with better economic situations have resulted in increased investment in healthier cuisine leads to increasing sales of lentils flour. The abundant supply and demand for lentils flour has drawn significant businesses to invest.
Additionally, the lentils flour market as a large supplier and producer of pulses, along with government assistance, provides development opportunities for new firms joining the lentils flour market sector.
The report consists of key players, contributing to the lentils flour market share. It also consists of organic and inorganic growth strategies adopted by market players to improve the sales of lentils flour. This exclusive report analyzes the competitive landscape and lentils flour market share acquired by players to strengthen the sales of lentils flour.
Among the leaders of the lentils flour market are Ingredion, AGT Food And Ingredients Inc, Martinorossi Spa, Molino Rossetto Spa, The Archer Daniels Midland Company, Pure Living Organic, Blue Mountain Organics, Ceres Organics, and Healthy Food Ingredients, LLC.
| Report Attribute | Details |
| Growth rate | CAGR of 12% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2014 – 2020 |
| Forecast period | 2022 – 2032 |
| Quantitative units | Revenue in USD Billion, Volume in Units, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Nature, Type, End Users, Distribution Channel, and Region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled |
|
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail of customised purchase options to meet your exact research needs. |
The lentils flour market is likely to register a CAGR of 12 % during the forecast period.
Key players holding substantial lentils flour market share include McKenzie's Foods, Healthy Food Ingredients, LLC, Martino Rossi spA, Molino Rossetto SpA, pure living Organic and many more.
As per the analysis, the lentils flour market share is likely to be US$ 17 Bn by 2032.
Demand for lentils flour is likely to boost as millennials want convenient, healthy foods, which is driving sales of lentils flour.
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