Market Overview:
The global lupin seed market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lupin seeds from various applications such as pharmaceuticals, food and beverages, nutritional and wellness supplements, cosmetics, and others. Lupin seeds are rich in proteins, dietary fibers, minerals (such as magnesium), vitamins (especially B-complex vitamins) and antioxidants. They are also low in carbohydrates and fats. These features make them an attractive ingredient for various applications such as food products, dietary supplements, personal care products etc., which is driving the growth of the global lupin seed market.
Product Definition:
The lupin seed is a small, dark brown seed that is often used as a spice. It has a slightly bitter taste and is used to add flavor to dishes. Lupin seeds are also high in protein and fiber, making them a healthy addition to the diet.
Lupinus Albus:
Lupinus albus is a species of Lupin. It's seeds are used in the production of lupin seed oil, which has applications in various industries such as food & additives and pharmaceuticals. Lupinus albus is also known as white lupin or Mediterranean lupin. The plant prefers a Mediterranean climate with dry summers and wet winters conditions, it can grow at elevations ranging from sea level to 3,000 ft.
Lupinus Luteus:
Lupinus luteus is a plant that is used in the preparation of Lupin seed. It has been found that this species of lupin seeds contains substances which are effective against cancer cells. The substance present in it's pods/beans known as resveratrol, which helps to prevent cell damage and death caused by free radicals, thus making it an anti-cancerous agent.
Application Insights:
The food and beverage segment accounted for more than 40% of the global market share in 2017. Lupin seeds are used as a functional ingredient in bakery, confectionery, dairy products, and processed meat products. The demand for lupin seed is expected to increase due to its nutritional content and high protein content which makes it suitable for use in various food formulations.
Lupinus albus is one of the most widely consumed species across the globe owing to its high protein content (over 12%), low calorie count (under 20 kcal per 100 g), gluten-free nature, ability to reduce cholesterol levels & improve heart health etc. Lupinus angustifolia is another popular species that finds application as a functional ingredient in cosmetics mainly through creams & lotions due to its anti-inflammatory properties along with being an excellent antioxidant source.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period owing to high product demand from countries such as China, India, Japan, and South Korea. Increasing health consciousness among consumers in these countries is driving the product demand majorly for improving hair growth and reducing dandruff problems due to its anti-fungal properties.
Europe accounted for a significant share of revenue on account of increasing consumer awareness regarding nutritional diet coupled with growing popularity for food supplements among working class people especially in Germany, U.K.
Growth Factors:
- Increasing demand for healthy and nutritious food products is expected to drive the growth of the Lupin Seed market over the forecast period.
- Rising awareness about the health benefits associated with consumption of lupin seeds is anticipated to boost demand for these seeds in the coming years.
- Growing popularity of plant-based diets is projected to create opportunities for growth of the Lupin Seed market in near future.
- Increasing investment by key players in research and development activities is likely to propel expansion of this market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lupin Seed Market Research Report
By Type
Lupinus Albus, Lupinus Luteus, Lupinus Angustifolia, Lupinus Caudatus, Lupinus Mutabilis, Others
By Application
Pharmaceuticals, Food and Beverages, Nutritional and Wellness Supplements, Cosmetics, Others
By Companies
Frank Food Products, Good Grains International, Soya UK, Australian Grain Technologies, Coorow Seeds, Riverina (Australia), Hart Bros Seeds, Maverick Bean, Golden West Foods, West Coast Seeds, Lup’Ingredients, Barentz Food and Nutrition
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Lupin Seed Market Report Segments:
The global Lupin Seed market is segmented on the basis of:
Types
Lupinus Albus, Lupinus Luteus, Lupinus Angustifolia, Lupinus Caudatus, Lupinus Mutabilis, Others
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
Pharmaceuticals, Food and Beverages, Nutritional and Wellness Supplements, Cosmetics, Others
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:
- Frank Food Products
- Good Grains International
- Soya UK
- Australian Grain Technologies
- Coorow Seeds
- Riverina (Australia)
- Hart Bros Seeds
- Maverick Bean
- Golden West Foods
- West Coast Seeds
- Lup’Ingredients
- Barentz Food and Nutrition
Highlights of The Lupin Seed 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:
- Lupinus Albus
- Lupinus Luteus
- Lupinus Angustifolia
- Lupinus Caudatus
- Lupinus Mutabilis
- Others
- By Application:
- Pharmaceuticals
- Food and Beverages
- Nutritional and Wellness Supplements
- Cosmetics
- Others
- 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 Seed 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 seed is a type of legume that is used as a food source. It is also used in traditional Chinese medicine to treat various health conditions.
Some of the key players operating in the lupin seed market are Frank Food Products, Good Grains International, Soya UK, Australian Grain Technologies, Coorow Seeds, Riverina (Australia), Hart Bros Seeds, Maverick Bean, Golden West Foods, West Coast Seeds, Lup’Ingredients, Barentz Food and Nutrition.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lupin Seed 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 Seed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lupin Seed 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 Seed 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 Seed Market Size & Forecast, 2018-2028
4.5.1 Lupin Seed Market Size and Y-o-Y Growth
4.5.2 Lupin Seed Market Absolute $ Opportunity
Chapter 5 Global Lupin Seed 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 Seed Market Size Forecast by Type
5.2.1 Lupinus Albus
5.2.2 Lupinus Luteus
5.2.3 Lupinus Angustifolia
5.2.4 Lupinus Caudatus
5.2.5 Lupinus Mutabilis
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lupin Seed 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 Seed Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Food and Beverages
6.2.3 Nutritional and Wellness Supplements
6.2.4 Cosmetics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lupin Seed 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 Seed 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 Seed Analysis and Forecast
9.1 Introduction
9.2 North America Lupin Seed 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 Seed Market Size Forecast by Type
9.6.1 Lupinus Albus
9.6.2 Lupinus Luteus
9.6.3 Lupinus Angustifolia
9.6.4 Lupinus Caudatus
9.6.5 Lupinus Mutabilis
9.6.6 Others
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 Seed Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Food and Beverages
9.10.3 Nutritional and Wellness Supplements
9.10.4 Cosmetics
9.10.5 Others
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 Seed Analysis and Forecast
10.1 Introduction
10.2 Europe Lupin Seed 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 Seed Market Size Forecast by Type
10.6.1 Lupinus Albus
10.6.2 Lupinus Luteus
10.6.3 Lupinus Angustifolia
10.6.4 Lupinus Caudatus
10.6.5 Lupinus Mutabilis
10.6.6 Others
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 Seed Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Food and Beverages
10.10.3 Nutritional and Wellness Supplements
10.10.4 Cosmetics
10.10.5 Others
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 Seed Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lupin Seed 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 Seed Market Size Forecast by Type
11.6.1 Lupinus Albus
11.6.2 Lupinus Luteus
11.6.3 Lupinus Angustifolia
11.6.4 Lupinus Caudatus
11.6.5 Lupinus Mutabilis
11.6.6 Others
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 Seed Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Food and Beverages
11.10.3 Nutritional and Wellness Supplements
11.10.4 Cosmetics
11.10.5 Others
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 Seed Analysis and Forecast
12.1 Introduction
12.2 Latin America Lupin Seed 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 Seed Market Size Forecast by Type
12.6.1 Lupinus Albus
12.6.2 Lupinus Luteus
12.6.3 Lupinus Angustifolia
12.6.4 Lupinus Caudatus
12.6.5 Lupinus Mutabilis
12.6.6 Others
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 Seed Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Food and Beverages
12.10.3 Nutritional and Wellness Supplements
12.10.4 Cosmetics
12.10.5 Others
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 Seed Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lupin Seed 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 Seed Market Size Forecast by Type
13.6.1 Lupinus Albus
13.6.2 Lupinus Luteus
13.6.3 Lupinus Angustifolia
13.6.4 Lupinus Caudatus
13.6.5 Lupinus Mutabilis
13.6.6 Others
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 Seed Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Food and Beverages
13.10.3 Nutritional and Wellness Supplements
13.10.4 Cosmetics
13.10.5 Others
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 Seed Market: Competitive Dashboard
14.2 Global Lupin Seed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Frank Food Products
14.3.2 Good Grains International
14.3.3 Soya UK
14.3.4 Australian Grain Technologies
14.3.5 Coorow Seeds
14.3.6 Riverina (Australia)
14.3.7 Hart Bros Seeds
14.3.8 Maverick Bean
14.3.9 Golden West Foods
14.3.10 West Coast Seeds
14.3.11 Lup’Ingredients
14.3.12 Barentz Food and Nutrition
