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Lupin Market: Health benefits of lupins to drive growth
The key factor driving the global lupin market growth is the health benefits of lupins. Lupins are one of the richest natural sources of combined protein and dietary fiber. Comprising 40% protein and 37% fiber, lupins are good sources of minerals containing prebiotic fiber and are also non-GMO and fructose free. Consumption of lupin beans promotes gut health and helps to handle irritable bowel syndrome and other conditions related to the digestive system. The high fiber content of lupin beans makes them good prebiotics, the constituents that feed good bacteria in the intestine. In addition, the high fiber content of lupin beans ensures that the stool in the gut absorbs water from the body and becomes soft. The Vitamin C content of lupin beans also promotes the absorption of iron and the formation of hemoglobin. Such factors will drive the market growth in the forecast period.
Lupin Market: Rising awareness of the vegan diet is a major trend
Rising awareness of the vegan diet is one of the key lupin market trends that is expected to impact the industry positively in the forecast period. A vegan lifestyle does not include anything of animal origins such as food, clothing, or any other products. It strongly favors animal rights, and vegan consumers do not consume meat. This can positively affect the market as vegan consumers seek more plant-based alternatives such as lupin beans and soybeans as their protein source. People are adopting vegan diets because of ethical concerns toward animals and for a better environment. According to PETA, approximately 2.5% of the US population is vegan. Currently, consumers prefer healthier substitutes to meat, dairy, and other conventional protein sources. Plant-based proteins such as lupin beans have given vegans a wide portfolio of food products, meeting almost all nutritional health needs. This will further support the market growth in the coming years
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Lupin Market: Segmentation Analysis
The market research report segments the lupin market by Application (Animal feed, food and beverages, and Others) and Geography (APAC, Europe, North America, Middle East, Africa, and South America).
The lupin market share growth in the animal feed segment will be significant for revenue generation. Lupin beans are being widely used as alternatives to soybean in all livestock species due to their high-quality protein. The significant increase in the demand for cost-effective protein foods for livestock and poultry will drive the market during the forecast period.
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Lupin Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.11% |
Market growth 2022-2026 |
USD 7.74 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.88 |
Performing market contribution |
APAC at 69% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ABS Food Srl, Barentz BV, Coorow Seeds, DHAVAL AGRI EXPORT LLP, Eagle Foods Australia, Ethics Organic, Golden West Foods Pty Ltd., HL Agro Products Pvt. Ltd., INVEJA SAS, Just Organik, KTC Edibles, NOW Health Group Inc., Orienco SAS, Raab Vitalfood GmbH, Samruddhi Organic Farm I Pvt. Ltd., SHILOH FARMS, Sresta Natural Bioproducts Pvt. Ltd., and SunOpta Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Animal feed - Market size and forecast 2021-2026
- Exhibit 28: Chart on Animal feed - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Animal feed - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Animal feed - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Animal feed - Year-over-year growth 2021-2026 (%)
- 5.4 Food and beverages - Market size and forecast 2021-2026
- Exhibit 32: Chart on Food and beverages - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Food and beverages - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Food and beverages - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)
- 5.5 Others - Market size and forecast 2021-2026
- Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Application
- Exhibit 40: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 Australia - Market size and forecast 2021-2026
- Exhibit 66: Chart on Australia - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Australia - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Australia - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 Japan - Market size and forecast 2021-2026
- Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 ABS Food Srl
- Exhibit 93: ABS Food Srl - Overview
- Exhibit 94: ABS Food Srl - Product / Service
- Exhibit 95: ABS Food Srl - Key offerings
- 10.4 Barentz BV
- Exhibit 96: Barentz BV - Overview
- Exhibit 97: Barentz BV - Product / Service
- Exhibit 98: Barentz BV - Key offerings
- 10.5 Coorow Seeds
- Exhibit 99: Coorow Seeds - Overview
- Exhibit 100: Coorow Seeds - Product / Service
- Exhibit 101: Coorow Seeds - Key offerings
- 10.6 DHAVAL AGRI EXPORT LLP
- Exhibit 102: DHAVAL AGRI EXPORT LLP - Overview
- Exhibit 103: DHAVAL AGRI EXPORT LLP - Product / Service
- Exhibit 104: DHAVAL AGRI EXPORT LLP - Key offerings
- 10.7 Eagle Foods Australia
- Exhibit 105: Eagle Foods Australia - Overview
- Exhibit 106: Eagle Foods Australia - Product / Service
- Exhibit 107: Eagle Foods Australia - Key offerings
- 10.8 Golden West Foods Pty Ltd.
- Exhibit 108: Golden West Foods Pty Ltd. - Overview
- Exhibit 109: Golden West Foods Pty Ltd. - Product / Service
- Exhibit 110: Golden West Foods Pty Ltd. - Key offerings
- 10.9 INVEJA SAS
- Exhibit 111: INVEJA SAS - Overview
- Exhibit 112: INVEJA SAS - Product / Service
- Exhibit 113: INVEJA SAS - Key offerings
- 10.10 NOW Health Group Inc.
- Exhibit 114: NOW Health Group Inc. - Overview
- Exhibit 115: NOW Health Group Inc. - Product / Service
- Exhibit 116: NOW Health Group Inc. - Key offerings
- 10.11 Raab Vitalfood GmbH
- Exhibit 117: Raab Vitalfood GmbH - Overview
- Exhibit 118: Raab Vitalfood GmbH - Product / Service
- Exhibit 119: Raab Vitalfood GmbH - Key offerings
- 10.12 SunOpta Inc.
- Exhibit 120: SunOpta Inc. - Overview
- Exhibit 121: SunOpta Inc. - Business segments
- Exhibit 122: SunOpta Inc. - Key offerings
- Exhibit 123: SunOpta Inc. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 124: Inclusions checklist
- Exhibit 125: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 126: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 127: Research methodology
- Exhibit 128: Validation techniques employed for market sizing
- Exhibit 129: Information sources
- 11.5 List of abbreviations
- Exhibit 130: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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