Press release
Lentils Flour Market is Poised to Grow a Robust CAGR of 12.1% by 2030
Lentils Flour Market
According to HTF Market Intelligence, the Lentils Flour market size is estimated to increase by USD 10.9 Billion at a CAGR of 12.1% from 2023 to 2030. Currently, the market value is pegged at USD 5.46 Billion.
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Lentils Flour Market Overview
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.
Market Trends
Fortification of Lentil Flours to Increase its Nutritional Quality
Market Drivers
Increased Adoption of Lentils Flour in the Bakeries as a Substitute of Wheat Flour
Growing Demand for Crackers and Bread for Snacks Among Consumers
Market Opportunities:
Growing Popularity of Grain-free Flours in the Developed Countries
Fastest-Growing Region:
Africa, Latin America
Dominating Region:
North America, Asia-Pacific
Major Highlights of the Lentils Flour Market report released by HTF MI
The Lentils Flour Market is segmented by Application (Infant Food, Bakery and Snacks, Others) by Type (Sprouted Lentil Flour, Unsprouted Lentil Flour) by Source (Organic Lentil, Conventional Lentil Flour) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Revenue and Sales Estimation - Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.
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SWOT Analysis on Lentils Flour Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.
Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.
Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of Lentils Flour
• Regulation and its Implications
• Other Compliances
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Check it Out Complete Details of Report @ https://www.htfmarketintelligence.com/report/global-lentils-flour-market
𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐀𝐬𝐤𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 (𝐅𝐀𝐐)
1. What are the present scale and future growth prospects of the Lentils Flour Market?
Answer: The Lentils Flour Market size reached a valuation of USD 5.46 Billion in 2023, with projections to achieve USD 10.9 Billion by 2030, demonstrating a CAGR of 12.1% from 2024 to 2030.
2. What is the current state of the Lentils Flour market?
Answer: As of the latest data, the Lentils Flour market is experiencing growth, stability, and challenges.
3. Who are the key players in the Lentils Flour market?
Answer: 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), Atura Proteins (United Kingdom) are the Prominent players in the Lentils Flour market, known for their notable characteristics and strengths.
4. What factors are driving the growth of the Lentils Flour market?
Answer: The growth of the Lentils Flour market can be attributed to factors such as key driver technological advancements, increasing demand, and regulatory support.
5. Are there any challenges affecting the Lentils Flour market?
Answer: The Lentils Flour market's challenges include competition, regulatory hurdles, and economic factors.
Thanks for reading this article; HTF MI also offers Custom Research services providing focused, comprehensive, and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter-wise sections or region-wise reports like Balkan, China-based, Japanese, German, North American, Europe, or Southeast Asia.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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