Lupin market size was estimated at USD 89 million in 2022, growing at a CAGR of 5.1% during the forecast period 2022-2028.
The demand within the global lupin protein market is a function of advancements in harvesting and cultivation of lupin beans. These beans are the primary source of lupin protein, and the former are native to South Europe and West Asia. However, sale of lupin beans is not restricted to these regions alone as several export avenues have been developed in recent times. Due to favourable export dynamics, it is safe to expect that lupin beans and lupin protein has become a part of the global food industry. Moreover, the health benefits associated with consumption of lupin protein has led several companies to host the lupin-based products as a part of their product portfolio. Use of lupin protein for preparing several recipes has created new pathways for market expansion in recent years. The next decade is slated to witness to emergence of packaged lupin beans as a common product across departmental stores and shelves.
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According to the market research analysis, Prolupin GmbH, The Protein Bread Company, Costantino & SpA, Frank Food Products, Lup Ingredients, Barentz International are identified as key Lupin Protein brands.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Market Segmentation
By Type
- Organic Lupin Protein
- Conventional Lupin Protein
By Application
- Food and Beverages
- Nutraceutical
- Cosmetic and Personal Care
- Animal Feed
- Others
By Company
- Aminola
- Prolupin GmbH
- Costantino & C. SpA
- The Protein Bread Company
- Coorow Seeds
- Lup’ingredients
- FRANK Food Products
- Barentz International B.V
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
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