Global Lupin Market Overview:
Lupins are great source of bio-active compounds such as phytoestrogens and phytosterols which helps prevention of cancer, heart disease, and other diseases. Lupin seeds are great source of mineral such as magnesium, manganese, and potassium that promotes bone health and helps to maintain healthy muscles. White and Yellow lupins may also be tested for bean yellow mosaic virus and blue lupins tend not to carry the virus in the seed as infected plants tend to die before seed is set.
Growth Drivers
- Increasing Demand Due to Health Benefits of Lupins
- Rising Adoption of Lupin for Producing Refined Oil
Market Trends
- Rising Awareness of Vegan Diet
- Lupin Flour Increases Shelf-Life, Texture and Aroma of Bread
Roadblocks
- Allergic Reaction Due to Lupins
Opportunities
- Increasing Preference for Plant-Derived Proteins
Challenges
- Availability of Substitute Products
Competitive Landscape:
Some of the key players profiled in the report are Barentz International (The Netherlands), Golden West Foods Pty Ltd (Australia), Coorow Seeds (Australia), Inveja SAS - Lup'Ingredients (France), Soja Austria (Austria), Stevens Seeds (United States), Eagle Foods Australia (Australia), Lupin Foods Australia (Australia), Frank Food Products (The Netherlands) and Powell May International (Canada). Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Lupin market. Considering Market by Color, the sub-segment i.e. White will boost the Lupin market.
European Union (EU) food allergen labeling rules require that pre-packaged foods sold in the EU clearly describe any of the 14 allergens on their regulatory list, which includes lupin [14][15]. Required allergen information, including lupin, is also mandatory for non-packaged foods, such as loose foods sold at restaurants or supermarkets in the EU [14][15]. and In the United States, ingredient labeling laws address 8 major food allergens, which do not include lupin [16]. Those allergic to lupin should still read ingredient labels to check for the presence of lupin.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Lupin market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Lupin market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Lupin, Suppliers of Lupin, Wholesalers, Distributors and Retailers of Lupin, Food & Beverage Industry, Cosmetic Industry, Regulatory Bodies and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.