Lentil Protein Market

Lentil Protein Market Outlook (2023 to 2033)

The global Lentil Protein Market is expected to reach a market valuation of USD 208.3 million by 2033, accelerating with a CAGR of 5.1% by 2033. Lentil protein isolate sales are likely to account for 28% of the demand in the global lentil protein market, valued at USD 129.4 million in 2023.

Attribute	Details
Lentil Protein Market Size (2023E)	USD 129.4 million
Lentil Protein Market Projected Size (2033F)	USD 208.3 million
Value CAGR (2023 to 2033)	5.1%
Top 3 Countries Market Share	35%

Application of lentil protein is rising among food, sports nutrition, nutraceutical, and infant formula products. Dry processing accounted for more than 65% of the market in 2020, owing to its myriad applications over wet processing. As of 2020, lentil protein isolates hold over 45% volume share against other product types

Increasing Demand for Allergen-free Natural Products

New opportunities for lentil protein-based food products have arisen due to increased demand for allergen-free ingredients, supported by environmental and nutritional concerns.

The global demand for plant-based protein in formulated foods is growing significantly, and the trend is unlikely to settle down in the near future. Therefore, as a result of changing consumer preferences, the sales of allergen-free nutrition products will continue increasing across the globe. According to the Food and Drug Administration (FDA) and the Centers for Disease Control & Prevention, around 10% of the population of the United States, i.e., 32 million people in the country, suffer from some form of food allergy.

More than 170 food products have been reported to cause allergic reactions. Peanuts, eggs, soy, shellfish, milk, tree nuts, and fish majorly cause these reactions. On the flip side, Lentil protein offers an elevated nutrient profile and better resistance to allergy-causing triggers.

Lentil Protein Sees Lucrative Prospects as Emerging Nutraceutical Supplement in Sports Nutrition

Lentil protein powder is very nutritious and is considered for its many benefits to human health. This powder also can help build muscles, thus complementing resistance training. Having an impressive muscle mass is a common trend among modern consumers. The highly popular bodybuilding culture has created a market for various supplements, which is invariably spurring growth prospects for the market

Lentil protein is a nonGMO vegetable protein and an ideal source of post-workout nutrition for athletes who may face difficulty gulping down other protein types. Lentil protein manufacturers aim at lucrative opportunities in the sports nutrition segment. Driven by the rising focus on health and fitness, lentil protein has found its way into the sports nutrition and supplement market.

Category Wise Analysis

Demand for Quality Livestock Feed Creates Lucrative Growth Opportunities

Quality has become an important factor in the global animal feed industry. Until a few years back, the industry-focused little on feed quality. However, the tables have now turned for the better. Recognizing the importance of maintaining livestock health and evolving consumer perceptions of the quality of livestock-derived foods, the industry is forced to invest in higher-quality feeds.

There is an increasing demand for high-quality and nutritious protein components. Lentils are considered an incredible source of high levels of protein in livestock and contribute to their proper development and better yields. As a result, demand for lens protein is projected in livestock.

Alternative Proteins are Emerging as a Strong Competitor for Meat-based Products

Plant-based proteins are becoming more and more popular and may attract attention in the near future. Consumption of traditional meat products is still high, but concerns about sustainability and animal welfare are increasing. Recognizing the potential health benefits of alternative proteins leads to increased sales of lentil protein.

R & D initiatives by leading companies exploring potential uses for lens proteins will continue to drive the market in the coming years. The strategy adopted by start-ups such as Beyond Meat and Impossible Foods has helped transform the meat industry. Changing consumer preferences have forced giants such as Tyson Foods and Nestle to dive into this alternative protein segment.

Increased acceptance of vegan and vegetarian lifestyles to support plant trends Consumers looking for healthy foods low in sugar, salt, fat, and calories due to increased incidence of obesity, diabetes, and heart disease Awareness is rising. For ethical and religious reasons, vegan demographics looking for plant-based proteins have been produced.

The expansion of the market is supported by scientific research that presents relevant observations. These studies suggest that excessive intake of meat, especially lean meat, may increase the risk of cardiovascular disease.

These factors facilitate the adoption of vegan and vegetarian habits. Health-conscious consumers are looking for herbal ingredients that offer a variety of health benefits.

This change in preference and the conscious decision to move away from foods containing synthetic ingredients will create favorable growth prospects for the lens protein market.

Regional Analysis

Key Regions	Value CAGR (2022)
United States	25.8%
Germany	9%
Japan	4.9%
Australia	1.8%
China	13%
India	5.9%
United Kingdom	6.7%

Europe and North America remain Profitable Markets for Lentil Protein Companies

It is expected that East and South Asia will experience higher growth rates during the forecast period. According to the Vegan Society, demand for meat-free products in the United Kingdom increased by 987% in 2020. The number of vegans has increased significantly. These statistics clearly show the remarkable growth of cards for players in the market.

According to the FMI, sales of vegan products have increased significantly in the United States over the last three years. This has created many opportunities to expand the North American lentil protein market. In the Asia Pacific region, consumer preference for herbal products is increasing, and the market is expected to grow significantly in the near future.

Latin America and the Middle East are expected to drive the market with growing awareness of the benefits of healthy lifestyles and nutritious foods.

Awareness in Latin America and the Middle East regarding the health benefits of healthy nutrition and nutritious meals is increasing, which will boost the market. In the world, the use of lentil flour is expected to increase within bakeries and confectioneries.

The use of chickpea flour is also expected to increase in the production of snacks. Consumers' growing preference for gluten-free, organic, and natural ingredients in products will also contribute to this increase. However, the price of lentil flour is higher than that of protein isolates and concentrates, which may limit the growth of the market to some degree. The price of lentil protein is high in North America and Western Europe as compared with other areas.

Globally, the use of lentil flour in bakeries and confectionery stores is expected to increase.

As the demand for gluten-free, organic, and vegan foods increases, their use in the manufacture of snack products will also increase.

The price of lentil flour is higher than protein isolates and concentrates, which may somewhat limit market expansion. The price of lentil protein is higher in North America and Europe compared to other regions. North American and European food manufacturers are focusing on introducing innovative vegan baking, snacks, confectionery, and breakfast cereal products. This will increase the use of lentil protein in these areas

Snacking and On-the-go Trends are New Normal for Consumers

Due to a busy and fast-paced lifestyle, the eating habits of consumers are changing. Consumers are not following the conventional three times meal. Instead, they are inclined towards snacking whenever hunger strikes.

However, consumers are paying more and more attention to their snack choices. They prefer healthy snacks made from natural, organic, and nutritious ingredients without the claims and labels needed to maintain a healthy lifestyle.

Consumers are more interested in snack products that provide clean and transparent labels. Plant-based snacks meet all of the above requirements. Lentil protein is used in plant-based snack products to improve the nutritional content and shelf life. Therefore, increasing the consumption of plant-based snack products is driving the lentil protein market.

Scope of the Lentil Protein Market Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	USD Million for value and Metric Tons for Volume
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania Middle East & Africa
Key Countries Covered	USA, Canada, Brazil, Mexico, Chile, Peru, Argentina, Rest of Latin America, Germany, France, Italy, UK, Spain, BENELUX, Nordic, Poland, Russia, Rest of Europe, China, Japan, South Korea, India, Malaysia, Singapore, Indonesia, Thailand, Rest of South Asia, Australia, New Zealand, GCC Countries, South Africa, Turkey, North Africa, Central Africa, Rest of MEA
Key Segments Covered	Nature, Product Type, End Use, Processing Type, Region
Key Companies Profiled	Archer Daniels Midland Company; Cargill Inc.; Parabel USA Inc.; Henry Broch Foods.; Ingredion Inc.; BI Nutraceuticals: Inc; Biorefinery Solutions; GEMEF Industries; Vestkorn Milling AS; AGT Food and Ingredients
Report Coverage	Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Key Segment

By Product Type:

• Protein Isolates
• Protein Concentrates
• Flour
• Other Product Types

By Nature:

• Organic
• Conventional

By End Use:

• Food Processing
• Bakery & Confectionery
• Meat Alternatives
• Functional Foods
• Dairy Replacements
• Infant Foods
• Other Food Applications
• Animal Feed
• Pet Food
• Aquafeed
• Nutraceuticals
• Sports Nutrition
• Infant Nutrition

By Processing Type:

• Dry Processing
• Wet Processing

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

Frequently Asked Questions

How big is the Lentil Protein market?

The market is valued at USD 129.4 million in 2023.

Who are the key industry players?

Cargill Inc., Parabel USA Inc., Henry Broch Foods. are the lentil protein industry’s key companies.

What is the growth forecast for the market?

The market is forecast to register a CAGR of 5.1% through 2033.

What is the Japanese market CAGR?

The Japan market CAGR is 4.9% through 2033.

How is the Latin America Industry Performing?

High awareness in Latin America regarding the health benefits of nutritious meals will boost the market.