Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of “Lentil Protein Market – which is estimated from 2020 to 2027”.
The increased awareness of environmental stress caused by cattle production, as well as customer desire for healthy food, are the key drivers driving the growth of the Lentil Protein market.
As per the report, the market about Lentil Protein Market is expected to grow at a steady pace.
An increasing proclivity to incorporate protein produced from plant-based sources into the diet is only one of the elements driving the predicted expansion of the lentil protein market globally. Furthermore, the abundance of knowledge on the potential health risks posed by chemicals used in animal feed promotes the incorporation of plant-based protein sources into animal feed. Additionally, lentils are high in polyphenols, which have powerful antioxidant and anti-inflammatory qualities as well as the ability to suppress cancer cell growth. The lentil protein industry has seen exceptional growth because of increased demand for healthy food alternatives and the expanding animal nutrition sector. The use of lentils in the preparation of meat and fish substitutes has further raised market demand.
Therefore, to attain economies of scale, food processing companies are increasingly investing in product developments that necessitate the use of plant-based protein, such as lentil protein.
Based on form, the market for lentil protein is segmented into concentrates, isolates, and hydrolysates. All three forms are high in antioxidants and are essential for a healthy diet.
Based on type, the market for lentil protein is segmented into organic and inorganic. Organic lentil protein is typically non-GMO and obtained through the fermentation method.
Based on application, the market for lentil protein is segmented into animal feed, pharmaceuticals, food and beverages, and nutraceutical. The abundance of information on the potential health risks posed by chemicals used in animal feed impacts the incorporation of plant-based protein sources into animal feed. As a result, it has a sizable end-user portion of this market.
Based on geography segmentation, the market for lentil protein is segmented into the Americas, Europe, Middle East and Africa, and the Asia Pacific. The European area is predicted to have a major market share during the forecast period, facilitating further lentil protein market expansion. Furthermore, the commission had spent EUR 10 billion on research and innovation to accelerate the transition to healthy and sustainable food systems from primary production to consumption under Horizon 2020.
As a part of the report, the major players operating in the lentil protein market, that have been covered are Cargill, Inc., Batory Foods, AGT Food and Ingredients, and Milhão Alimentos.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/lentil-protein-market
This analytics report segments the Lentil Protein market on the following basis:
- By Form
- By Type
- By Application
- Animal Feed
- Food and Beverages
- By Geography
- Europe Middle East and Africa
- Asia Pacific