Market Overview:
The global lupin market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lupin-based products, such as dietary supplements, food, and poultry & livestock feed. Lupin is a high-quality plant protein that is low in fat and calories and rich in fiber, minerals (such as magnesium, potassium, calcium), and vitamins (especially B vitamins). These features make it an attractive ingredient for various applications such as dietary supplements, food products (such as bakery items), animal feed (poultry & livestock), and personal care products. North America dominates the global lupin market followed by Europe due to the presence of key players operating in these regions.
Product Definition:
Lupin is a genus of flowering plants in the legume family, Fabaceae. It belongs to the subfamily Faboideae. Lupins have been used as a food source since prehistory. They are high in protein and fiber, and they contain a number of micronutrients valuable to human health.
Seeds:
Lupin market is expected to grow at a CAGR of XX% during the forecast period. The growth can be attributed to increasing demand for lupin seeds in food & beverages, animal feed and pharmaceuticals industries. Lupins are used as a source of protein, fat-soluble nutrients and dietary fiber in various food products including breakfast cereals, breads and snacks.
Seeds contain essential oils (fatty acids), carbohydrates (starch).
Flakes:
Flakes is a generic name for tablet or capsule forms of many drugs. It can be used as an alternative to tablets and capsules, especially for patients who are reluctant to take pills. Flakes are also useful in cases where it is difficult to swallow capsules or tablets whole; in such cases, the drug can be added into flakes and consumed however desired.
Application Insights:
Dietary supplements was the largest application segment in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. Lupin¢â‚¬â„¢s health benefits, including its ability to reduce cholesterol levels, have been attracting attention from consumers around the world. The product is commonly used as a substitute for eggs in nutritional enrichment programs for chickens due to its high protein content and low-cost nature; this has resulted in increased demand for lupin powder as a dietary supplement over the past few years.
Food was the second largest application segment accounting for 24% of global market share by volume in 2017 owing to increasing consumption of lupin flour as an alternative food source particularly in countries where wheat cannot be cultivated such as India, China and Australia among others who are major producers worldwide.
Regional Analysis:
Asia Pacific accounted for the largest share of more than 50.0% in 2017 and is anticipated to witness significant growth over the forecast period. The region has a high consumption of lupin products, which can be attributed to increasing awareness regarding health benefits among consumers in developing countries such as India and China. In addition, rising disposable income levels are expected to fuel demand for processed food products across these economies, thereby supporting market growth during the forecast period.
North America is projected to expand at a CAGR of XX% from 2018 to 2030 owing its large population base with growing health consciousness towards dietary supplements and functional foods & beverages among consumers in U.S.
Growth Factors:
- Increasing prevalence of lifestyle diseases such as diabetes, hypertension, and cardiac disorders is expected to drive the demand for lupin-based products over the forecast period.
- Rising awareness about the health benefits of lupin is projected to propel its demand in both developed and developing countries.
- Growing use of lupin in functional foods and dietary supplements owing to its high nutritional value is anticipated to boost market growth over the next few years.
- Technological advancements in food processing are likely to create new opportunities for this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lupin Market Research Report
By Type
Seeds, Flakes, Protein Concentrates, Flour
By Application
Dietary Supplements, Food, Poultry & Livestock Feed
By Companies
Barentz International, Golden West Foods, Coorow Seeds, Inveja SAS-Lup'Ingredients, Soja Austria, All About Bread, Lopino Foods, Stevens Seeds, Eagle Foods Australia, Lupin Foods Australia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Lupin Market Report Segments:
The global Lupin market is segmented on the basis of:
Types
Seeds, Flakes, Protein Concentrates, Flour
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dietary Supplements, Food, Poultry & Livestock Feed
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Barentz International
- Golden West Foods
- Coorow Seeds
- Inveja SAS-Lup'Ingredients
- Soja Austria
- All About Bread
- Lopino Foods
- Stevens Seeds
- Eagle Foods Australia
- Lupin Foods Australia
Highlights of The Lupin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Seeds
- Flakes
- Protein Concentrates
- Flour
- By Application:
- Dietary Supplements
- Food
- Poultry & Livestock Feed
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lupin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lupin is a fictional character created by Maurice Leblanc. He first appeared in the novel The Castle of Cagliostro (1895).
Some of the key players operating in the lupin market are Barentz International, Golden West Foods, Coorow Seeds, Inveja SAS-Lup'Ingredients, Soja Austria, All About Bread, Lopino Foods, Stevens Seeds, Eagle Foods Australia, Lupin Foods Australia.
The lupin market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lupin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lupin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lupin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lupin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lupin Market Size & Forecast, 2018-2028
4.5.1 Lupin Market Size and Y-o-Y Growth
4.5.2 Lupin Market Absolute $ Opportunity
Chapter 5 Global Lupin Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lupin Market Size Forecast by Type
5.2.1 Seeds
5.2.2 Flakes
5.2.3 Protein Concentrates
5.2.4 Flour
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lupin Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lupin Market Size Forecast by Applications
6.2.1 Dietary Supplements
6.2.2 Food
6.2.3 Poultry & Livestock Feed
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lupin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lupin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lupin Analysis and Forecast
9.1 Introduction
9.2 North America Lupin Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lupin Market Size Forecast by Type
9.6.1 Seeds
9.6.2 Flakes
9.6.3 Protein Concentrates
9.6.4 Flour
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lupin Market Size Forecast by Applications
9.10.1 Dietary Supplements
9.10.2 Food
9.10.3 Poultry & Livestock Feed
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lupin Analysis and Forecast
10.1 Introduction
10.2 Europe Lupin Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lupin Market Size Forecast by Type
10.6.1 Seeds
10.6.2 Flakes
10.6.3 Protein Concentrates
10.6.4 Flour
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lupin Market Size Forecast by Applications
10.10.1 Dietary Supplements
10.10.2 Food
10.10.3 Poultry & Livestock Feed
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lupin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lupin Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lupin Market Size Forecast by Type
11.6.1 Seeds
11.6.2 Flakes
11.6.3 Protein Concentrates
11.6.4 Flour
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lupin Market Size Forecast by Applications
11.10.1 Dietary Supplements
11.10.2 Food
11.10.3 Poultry & Livestock Feed
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lupin Analysis and Forecast
12.1 Introduction
12.2 Latin America Lupin Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lupin Market Size Forecast by Type
12.6.1 Seeds
12.6.2 Flakes
12.6.3 Protein Concentrates
12.6.4 Flour
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lupin Market Size Forecast by Applications
12.10.1 Dietary Supplements
12.10.2 Food
12.10.3 Poultry & Livestock Feed
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lupin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lupin Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lupin Market Size Forecast by Type
13.6.1 Seeds
13.6.2 Flakes
13.6.3 Protein Concentrates
13.6.4 Flour
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lupin Market Size Forecast by Applications
13.10.1 Dietary Supplements
13.10.2 Food
13.10.3 Poultry & Livestock Feed
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lupin Market: Competitive Dashboard
14.2 Global Lupin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Barentz International
14.3.2 Golden West Foods
14.3.3 Coorow Seeds
14.3.4 Inveja SAS-Lup'Ingredients
14.3.5 Soja Austria
14.3.6 All About Bread
14.3.7 Lopino Foods
14.3.8 Stevens Seeds
14.3.9 Eagle Foods Australia
14.3.10 Lupin Foods Australia
