Lentil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023
A cool-season crop, lentil is considered to be one of the oldest leguminous crops of mankind. It is an excellent source of proteins, fibres, vitamin A & B, potassium, iron, minerals, nutrients and complex carbohydrates. Moreover, because of its high lysine & tryptophan content, its consumption with wheat or rice provides a complete balanced diet for human consumption. Besides its nutritional benefits, lentil also helps to tackle chronic health issues such as diabetes, heart-diseases and obesity. Considered as a staple food, lentil is usually consumed in the form of dry matter seeds, i.e. grain legumes. Being a cheap alternative to protein and energy, the consumption of lentil has rapidly increased in the past decade, particularly in emerging countries. Factors like population growth, improving living standards and changing dietary patterns have led to the augmented consumption of this crop. According to IMARC group, the global lentil market reached a volume of 6 Million Tons in 2017, growing at a CAGR of around 5% during 2010-2017.
IMARC’s latest study “Lentil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” has segmented the global lentil market on the basis of major regions. Currently, Canada represents the largest producer of lentil accounting for more than 30% of the global production. Canada is followed by India, Turkey, Australia and the United States. The report has also covered the major exporting and importing countries of the lentil market. Canada represents the biggest exporter accounting for around 70% of the total global export volumes. Canada is followed by Australia, the United States, Turkey, United Arab Emirates, Sri Lanka, China, Nepal, Egypt and the Syrian Arab Republic. At present, India is the biggest importer of lentil accounting for more than 20 % of the total global import volumes. India is followed by Egypt, Turkey, UAE, Sri Lanka, Bangladesh, Pakistan, Spain, Columbia and Iran.
The report provides a comprehensive analysis for setting up a lentil processing plant. The study covers all the requisite aspects of the lentil processing industry and provides an in-depth analysis of the lentil market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the lentil processing industry in any manner.
Key Questions Answered in This Report:
How has the lentil market performed so far and how will it perform in the coming years?
Who are the key regional producers in the global lentil industry?
What are the price trends of lentil?
What are the various stages in the value chain of the lentil industry?
What are the key driving factors and challenges in the lentil industry?
What is the structure of the lentil industry and who are the key players?
What is the degree of competition in the lentil industry?
What are the profit margins in the lentil industry?
What are the key requirements for setting up a lentil processing plant?
How lentil is processed?
What are the various unit operations involved in lentil plant?
What is the total size of land required for setting up a lentil plant?
What are the machinery requirements for setting up a lentil plant?
What are the raw material requirements for setting up a lentil plant?
What are the packaging requirements for lentil?
What are the transportation requirements for lentil?
What are the utility requirements for setting up a lentil plant?
What are the manpower requirements for setting up a lentil plant?
What are the infrastructure costs for setting up a lentil plant?
What are the capital costs for setting up a lentil plant?
What are the operating costs for setting up a lentil plant?
What will be the income and expenditures for lentil plant?
What is the time required to break-even?