| Product Code: ETC222625 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Lupin seeds are a source of plant-based protein and have gained traction in recent years as a dietary choice for vegans and vegetarians. The Thailand Lupin Seed market reflects the growing interest in plant-based protein sources. Lupin seeds are used in various food products, including snacks, plant-based meat alternatives, and gluten-free baking. The market is influenced by changing dietary preferences and the demand for sustainable and healthy food options.
The Thailand Lupin Seed Market is on the rise due to the increasing recognition of lupin seeds as a nutritious and sustainable food source. Lupin seeds are a rich source of protein, dietary fiber, and essential amino acids, making them attractive to health-conscious consumers and vegetarians. The demand for plant-based protein alternatives is growing, and lupin seeds fit this trend perfectly. Moreover, the cultivation of lupin plants can enrich the soil with nitrogen, promoting sustainable farming practices. The market is also driven by the development of lupin-based food products, such as lupin flour for baking and lupin protein isolates for use in protein-rich foods and beverages.
The Thailand Lupin Seed market faces challenges related to limited consumer familiarity and acceptance. Lupin seeds are not as well-known as some other seeds, and creating awareness about their nutritional benefits and culinary uses is a marketing challenge. Additionally, ensuring a consistent supply of lupin seeds can be challenging due to factors like climate and crop yield fluctuations.
The Thailand Lupin Seed market faced certain challenges during the COVID-19 pandemic. With disruptions in the supply chain and restrictions on international trade, sourcing lupin seeds became more complex. However, the market showed some resilience as consumers sought plant-based protein alternatives. Lupin seeds are known for their protein content, and this fact bolstered their demand. Nevertheless, the market experienced fluctuations in supply and pricing due to the pandemic`s disruptions.
The Thailand Lupin Seed market has witnessed the emergence of several key players contributing to its growth. One such prominent player is "Thai Lupin Co., Ltd." This company has positioned itself as a leader in lupin seed cultivation and processing within the Thai market. Their commitment to sustainable farming practices and quality assurance has earned them a strong reputation. "Green Earth Thailand" is another noteworthy player, specializing in lupin seed exports. Their extensive distribution network and adherence to international quality standards have propelled them to a leading position in lupin seed exports from Thailand.
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 Thailand Lupin Seed Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Lupin Seed Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Lupin Seed Market - Industry Life Cycle |
3.4 Thailand Lupin Seed Market - Porter's Five Forces |
3.5 Thailand Lupin Seed Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Lupin Seed Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Lupin Seed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of lupin seeds |
4.2.2 Growing demand for plant-based protein sources |
4.2.3 Rising trend of veganism and vegetarianism in Thailand |
4.3 Market Restraints |
4.3.1 Limited availability of lupin seeds in the market |
4.3.2 High production costs impacting pricing |
4.3.3 Lack of consumer familiarity with lupin seeds compared to other plant-based protein sources |
5 Thailand Lupin Seed Market Trends |
6 Thailand Lupin Seed Market, By Types |
6.1 Thailand Lupin Seed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Lupin Seed Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Lupin Seed Market Revenues & Volume, By Lupinus Albus, 2021-2031F |
6.1.4 Thailand Lupin Seed Market Revenues & Volume, By Lupinus Luteus, 2021-2031F |
6.1.5 Thailand Lupin Seed Market Revenues & Volume, By Lupinus Angustifolia, 2021-2031F |
6.1.6 Thailand Lupin Seed Market Revenues & Volume, By Lupinus Caudatus, 2021-2031F |
6.1.7 Thailand Lupin Seed Market Revenues & Volume, By Lupinus Mutabilis, 2021-2031F |
6.1.8 Thailand Lupin Seed Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Lupin Seed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Lupin Seed Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Thailand Lupin Seed Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.4 Thailand Lupin Seed Market Revenues & Volume, By Nutritional and Wellness Supplements, 2021-2031F |
6.2.5 Thailand Lupin Seed Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.6 Thailand Lupin Seed Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Lupin Seed Market Import-Export Trade Statistics |
7.1 Thailand Lupin Seed Market Export to Major Countries |
7.2 Thailand Lupin Seed Market Imports from Major Countries |
8 Thailand Lupin Seed Market Key Performance Indicators |
8.1 Number of new product launches incorporating lupin seeds |
8.2 Percentage increase in lupin seed cultivation area in Thailand |
8.3 Growth in the number of lupin seed-based recipes featured in cooking shows and social media influencers' content |
9 Thailand Lupin Seed Market - Opportunity Assessment |
9.1 Thailand Lupin Seed Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Lupin Seed Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Lupin Seed Market - Competitive Landscape |
10.1 Thailand Lupin Seed Market Revenue Share, By Companies, 2024 |
10.2 Thailand Lupin Seed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |