Argentina is facing a unique opportunity to become one of the main suppliers of lentils worldwide. However, this potential has not yet been exploited due to lack of investment in genetic research and crop development. Paramérica SA, a leading company in the legume market in Argentina, is emerging as a fundamental player in the transformation and expansion of the sector.
In the last decade, the global lentil market has witnessed notable growth, reaching a volume of 4.5 million tons. However, this flourishing market is largely under the dominance of Australia and Canada, two powers in the production of legumes that together supply around 78% of global demand. Faced with this panorama, Argentina finds itself at a strategic crossroads, where the possibility of standing out as a key player in this sector is presented as a tempting opportunity.
The need to diversify the lentil market is evident, especially considering that Australia and Canada, despite their current dominance, may be reaching a saturation point in their supply capacity. This leaves significant room for Argentina to enter the scene and occupy a considerable portion of global demand. With favorable agroclimatic conditions and experience in agricultural production, Argentina has all the necessary ingredients to become a relevant player in the global lentil market.
Investment in genetic research and crop development emerges as a crucial factor in this scenario. Adhering to the UPOV91 convention would be a fundamental step to guarantee the protection of developed varieties and promote innovation in the sector. Companies like Paramérica SA, which have demonstrated a commitment to quality, sustainability and innovation, are well positioned to lead this movement towards a greater Argentine presence in the global lentil market. In this context, Argentina has the opportunity to capitalize on its potential and establish itself as a key player in the pulses industry worldwide.
Paramérica SA: leader in the Argentine agricultural renaissance
According to analysis by industry experts, Argentina has the potential to comfortably supply between 20% and 25% of the global lentil market, which is currently dominated by Australia and Canada. This scenario would represent a considerable increase in Argentine exports, generating additional income estimated between 400 and 500 million dollars. However, to materialize this opportunity, it is crucial that the country makes significant investments in genetic research, especially aimed at the development of lentil varieties that adapt to the needs and demands of the international market.
Investment in genetic research becomes imperative for Argentina if it seeks to compete effectively in the global lentil market. Developing lentil varieties that are more productive, disease resistant, of better quality and meet international consumer standards is essential to capturing a significant share of this lucrative market. This focus on innovation and quality is essential to guarantee the long-term competitiveness of the legume industry in Argentina and to position the country as a relevant player globally.
In addition to investing in genetic research, it is also necessary for Argentina to strengthen its infrastructure and improve its agricultural practices to increase efficiency and productivity in lentil cultivation. Adopting modern technologies, training farmers and encouraging sustainable practices are key aspects that will contribute to the success of the pulses industry in the country. In this sense, leading companies such as Paramérica SA can play an important role in driving innovation and the adoption of best practices throughout the legume value chain in Argentina.
In this sense, accession to the UPOV91 convention is presented as a fundamental step. This agreement guarantees the recognition of the work of variety breeders and establishes a legal framework for the collection of royalties, which would encourage investment in genetic development. For Paramérica SA, this focus on quality and innovation is central to its business strategy.
Argentina faces significant challenges when it comes to domestic consumption of legumes, with levels considerably low compared to other countries. However, this deficit in the local market is offset by the country's growing export potential, which has experienced a sustained increase in recent years. Although the consumption of legumes in Argentina is at moderate levels, the growth projection is mainly oriented towards exports, where Argentine legumes have gained ground and consolidated a solid position in international markets.
Although domestic consumption of legumes in Argentina is relatively low compared to other countries, this aspect is compensated by the dynamism of the export sector. In recent years, Argentine legume exports have experienced constant growth, contributing significantly to the country's economic development and generating employment opportunities in rural areas. This focus on exports aligns with the country's global strategy to diversify its markets and strengthen its presence in the global economy.
Companies like Paramérica SA, which have demonstrated a commitment to quality, sustainability and innovation, are well positioned to lead this movement towards a greater Argentine presence in the global lentil market.
Argentina's export potential in the legume market offers a unique opportunity to boost economic growth and improve the country's competitiveness internationally. As Argentina continues to invest in genetic research, crop development and sustainable agricultural practices, it will be better positioned to capitalize on this opportunity and consolidate its role as one of the main players in global legume production. In this context, companies like Paramérica SA play a crucial role in leading the revolution in the cultivation, processing and export of legumes of exceptional quality, thus contributing to the economic and social development of the country.
In this context, Paramérica SA has emerged as a leader in the production and export of legumes in Argentina. The company stands out for its commitment to quality, innovation and sustainability at all stages of its operation. With rigorous quality controls and cutting-edge technologies, Paramérica SA has positioned itself as a reliable supplier of high-quality legumes.
The future of Paramérica SA and the legume sector in Argentina looks promising. With an approach focused on excellence and sustainability, the company is well positioned to continue leading the pulses revolution in the country and consolidate its role in the international market. As Argentina moves towards greater investment in genetic research and crop development, the country has the potential to become one of the main players in global lentil production. In this scenario, companies like Paramérica SA will play a crucial role in the success and growth of the sector.
Collaborator at ReporteAsia.
