Press release
Global Lentil Market to Reach 7.9 Million Tons by 2022
The common types of lentil available in different colours are green, red, yellow, brown and black colour. Over the past several years, the demand for lentils in the food industry has increased on account of their earthy flavour and taste-enhancing capability. Moreover, their long shelf-life, low cost and ease of cooking have also influenced the demand for lentils worldwide. They are extensively used in the form of flour and split pieces in a variety of dishes such as bakery products, breading, batters, snack foods, beverages and meat products. Some of the other growth inducing factors include huge population growth, increasing disposable incomes, a shift towards ready-to-eat foods and the growth of the organised food retail sector. According to a new report by Expert Market Research, the global lentil market reached a volume of 5.9 Million Tons in 2016 and is further expected to reach 7.9 Million Tons by 2022.
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Key findings from the report:
The major end-use sectors of lentils are retail store, snack food industry, flour industry and others. In 2016, retail store accounted for the largest share of the total global consumption.
Country-wise, Canada dominated the market with a share of more than one-third of the global production in 2016. This can be attributed to the favourable soil and weather conditions in the region. Canada was followed by India, Turkey, Australia, the United States and others.
Some of the players operating in the global lentils market include AGT Foods and Ingredients, Broadgrain, Simpson Seeds Inc, ADM Benson Quinn, Adani Wilmar Pvt. Ltd., Cargill Foods India, Eaternal Health & Organic Foods Pvt. Ltd., Victoria Foods Pvt. Ltd., Solen Food Industry and Trade Inc. and others.
Browse full report with TOC @ http://www.expertmarketresearch.com/reports/lentil-market
Expert Market Research has analysed the global lentil market according to end-use, major regions and top players:
Market breakup by End-use
Retail Store
Snack Food Industry
Flour Industry
Others
Market breakup by Region
Canada
India
Turkey
Australia
United States
Others
Top players
AGT Foods and Ingredients
Broadgrain
Simpson Seeds Inc
ADM Benson Quinn
Adani Wilmar Pvt. Ltd.
Cargill Foods India
Eaternal Health & Organic Foods Pvt. Ltd.
Victoria Foods Pvt. Ltd.
Solen Food Industry and Trade Inc.
Others
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Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
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