| Product Code: ETC6183914 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s import trend for lentil protein in the Australia market experienced a notable decline, with a growth rate of -79.68% from 2023 to 2024 and a compound annual growth rate (CAGR) of -42.51% from 2020 to 2024. This substantial decrease could be attributed to shifting consumer preferences, changes in dietary habits, or disruptions in the global supply chain.
Australias lentil protein market is emerging as a key segment of the plant-based protein sector, spurred by health-conscious consumers and the global demand for meat alternatives. Australias position as a major lentil-producing country provides a local advantage in raw material sourcing. The food & beverage industry is increasingly incorporating lentil protein into products like vegan snacks, supplements, and meat analogues.
Australias lentil protein market is benefiting from the surge in plant-based food trends and the demand for vegan and vegetarian protein alternatives. Innovation in food tech and product formulations, including snacks, protein bars, and supplements, is driving market interest. Sustainability and clean-label preferences are encouraging investment in lentil-based protein production.
The lentil protein market in Australia is hindered by several challenges, including a lack of awareness and education among consumers about the benefits of plant-based proteins. While lentil protein offers a sustainable alternative to animal-based proteins, its relatively niche status in the broader protein market limits its growth potential. Additionally, the availability of lentil protein is constrained by seasonal variations in lentil production, which can affect the consistency of supply. The market also faces competition from other plant-based protein sources, such as pea and soy proteins, which are more established and recognized by consumers.
Australias lentil protein segment is ripe for investments in plant-based food innovation, processing technology, and functional food development. With the countrys strong agricultural base, vertical integrationfrom farm to food techcan create scalable and exportable business models. Strategic partnerships with food manufacturers and health brands can also drive growth.
The Australian government has policies that promote the growth of plant-based food industries, including the lentil protein market. These policies include agricultural subsidies and research funding to encourage the cultivation of lentils, which forms the basis of lentil protein production. Additionally, food safety regulations ensure that lentil protein products meet Australian food standards. However, government policies that regulate labeling and claims for plant-based proteins may limit how these products are marketed. Moreover, policies related to the broader protein market often favor more established animal-based protein sources, which can hinder the market`s growth.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Lentil Protein Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Lentil Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Lentil Protein Market - Industry Life Cycle |
3.4 Australia Lentil Protein Market - Porter's Five Forces |
3.5 Australia Lentil Protein Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Lentil Protein Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Australia Lentil Protein Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Australia Lentil Protein Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
4 Australia Lentil Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about health benefits of lentil protein |
4.2.2 Increasing demand for plant-based protein products |
4.2.3 Rising trend of vegan and vegetarian diets in Australia |
4.3 Market Restraints |
4.3.1 Limited availability of lentil protein products in the market |
4.3.2 Price volatility of lentil crops impacting product pricing |
4.3.3 Competition from other plant-based protein sources |
5 Australia Lentil Protein Market Trends |
6 Australia Lentil Protein Market, By Types |
6.1 Australia Lentil Protein Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Lentil Protein Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia Lentil Protein Market Revenues & Volume, By Protein Isolates, 2021- 2031F |
6.1.4 Australia Lentil Protein Market Revenues & Volume, By Protein Concentrates, 2021- 2031F |
6.1.5 Australia Lentil Protein Market Revenues & Volume, By Flour, 2021- 2031F |
6.1.6 Australia Lentil Protein Market Revenues & Volume, By Other Product Types, 2021- 2031F |
6.2 Australia Lentil Protein Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Australia Lentil Protein Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Australia Lentil Protein Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Australia Lentil Protein Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Australia Lentil Protein Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.3.3 Australia Lentil Protein Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.3.4 Australia Lentil Protein Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.3.5 Australia Lentil Protein Market Revenues & Volume, By Sports Nutrition, 2021- 2031F |
6.3.6 Australia Lentil Protein Market Revenues & Volume, By Infant Nutrition, 2021- 2031F |
6.4 Australia Lentil Protein Market, By Processing Type |
6.4.1 Overview and Analysis |
6.4.2 Australia Lentil Protein Market Revenues & Volume, By Dry Processing, 2021- 2031F |
6.4.3 Australia Lentil Protein Market Revenues & Volume, By Wet Processing, 2021- 2031F |
7 Australia Lentil Protein Market Import-Export Trade Statistics |
7.1 Australia Lentil Protein Market Export to Major Countries |
7.2 Australia Lentil Protein Market Imports from Major Countries |
8 Australia Lentil Protein Market Key Performance Indicators |
8.1 Number of new product launches featuring lentil protein |
8.2 Consumer surveys indicating interest in plant-based protein options |
8.3 Growth in distribution channels carrying lentil protein products |
9 Australia Lentil Protein Market - Opportunity Assessment |
9.1 Australia Lentil Protein Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Lentil Protein Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Australia Lentil Protein Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Australia Lentil Protein Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
10 Australia Lentil Protein Market - Competitive Landscape |
10.1 Australia Lentil Protein Market Revenue Share, By Companies, 2024 |
10.2 Australia Lentil Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |