Global Lupin Market 2024-2028

Global Lupin Market 2024-2028

Global Lupin Market 2024-2028

The lupin market is forecasted to grow by USD 7306.1 mn during 2023-2028, accelerating at a CAGR of 4.83% during the forecast period. The report on the lupin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health benefits of lupins, growing focus on a low-fat and fiber-rich diet, and expansion of food service sectors.

Technavio's lupin market is segmented as below:

• By Application
• Animal feed
• Food and beverages
• Others
• By Geographical Landscape
• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the rising awareness of vegan diet as one of the prime reasons driving the lupin market growth during the next few years. Also, new innovations for lupin as a dairy alternative and increasing demand for plant proteins will lead to sizable demand in the market.

The report on the lupin market covers the following areas:

• Lupin market sizing
• Lupin market forecast
• Lupin market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lupin market vendors that include ABS Food Srl, Barentz International 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.. Also, the lupin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.