Lentils Flour Market : Applications and Regional Insights During the Forecasted Period 2022-2032
Lentils are a type of legumes and are the world’s oldest fertilized legumes. Lentil flour provides a huge amount of fibers and proteins necessary for the human body. Lentils flour is gained from the roasting of lentils such as brown lentils, green lentils, red and yellow lentils, and other types which then is grounded into the flour with added ingredients or no ingredients. Lentil flour is a large substitute for those consumers who are anti-tolerable to gluten or avoid consuming grain flour.
The market for lentil flour is anticipated to grow at a CAGR of 12% over the course of the forecast period, from US$4.87 billion in 2021 to US$17 billion by 2032.
Lentils flour is versatile in characteristic due to its varied applications to the human body and is inexpensive in nature. The economies that are largely participating in the lentils flour market are the USA, Canada, India, and other Asian and European countries. Manufacturers in the lentils flour market have a huge platform to cater to the overall market.
There is heightened competition in the global lentils flour market. With increased competition, new entrants are coming up with varied solutions and competitive prices making the lentils flour more affordable for the consumers in the lentils flour market. Some of the major players in the lentils flour market are McKenzie’s Foods, Healthy Food Ingredients, LLC, MartinoRossi spA, Molino Rossetto SpA, pureLiving Organic, Blue Mountain Organics, and Bunge North America, Inc.
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Lentils Flour Market: Regional Analysis
At present, the US shares majority of the global lentils flour market, which is followed by Canada, India, and other Asian and European countries.
Lentils Flour Market: Key Participants
Some of the market participants in the lentils flour market are:
The report covers exhaustive analysis on:
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Regional analysis includes:
Lentils Flour Market Segmentation
The lentils flour market is segmented on the basis of the type, the nature, the distribution channel, and end use.
On the basis of nature, the lentils flour market is segmented as:
On the basis of type, the lentils flour market is segmented as:
On the basis of end use, the lentils flour market is segmented as:
On the basis of the distribution channel, the lentils flour market is segmented as:
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Report Highlights:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Dec 13, 2022