According to the current analysis of Reports and Data, the global Pulse Flour Market was valued at USD 11.51 Billion in 2018 and is expected to reach USD 28.9 Billion by year 2027, at a CAGR of 12%. The Pulse Flour market is expanding with a growing trend for nutritious, protein-rich and gluten-free foods. There is an increasing consumer preference for vegetarian diets and cleaner product labels. Since these products are rich in protein, potassium, iron and fibre; they find extensive application in health foods. Chickpea is the most popular pulse flour category because of a varied range of application. The rising demand for organic food products and plant-based protein sources is also propelling the market growth.
The study of the Pulse Flour Market by Reports and Data delivers the market overview and trends along with the key factors and parameters affecting it in both the short and long run. The study delivers a 360° view of the industry. These insights will help the readers take strategic business decisions and formulate better business plans for increased profitability. Additionally, the study helps venture capitalists understand companies’ profiles better and make informed decisions.
This report covers the current COVID-19 effects on the economy. This outbreak has brought along drastic changes in world economic situations. The current scenario of the ever-evolving business sector and present and future appraisal of the effects are covered in the report as well.
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Some of the prominent players in the Pulse Flour market are:
- Ingredion Incorporated
- Archer Daniels Midland Company
- Blue Ribbon
- The Scoular Company
- Anchor Ingredients
- Great Western Grain
- Best Cooking Pulses
- Bean Growers Australia
- Diefenbaker Spice Pulse
- EHL Limited
Further key findings from the report suggest:
- By type, chickpea flour forms the largest application segment in the pulse flours market. The flour is a rich source of many nutrients and is finding growing application in health foods across the globe.
- The demand for lentil flours is rising within the global pulse flours market. The product helps in imparting a nutty texture to baked goods and are a nutritional substitute over the conventional wheat flour.
- By application, bakery snacks form the largest segment. Pulse flour is being used as a replacement of wheat flour in baked items as the latter consists of excess gluten. The rising cases of gluten intolerance are propelling the use of pulse flours.
- Pulse flours are also finding increasing application in the beverage industry in smoothies, protein drinks, among others. They form a helpful aid in preparing substitutes for people with soy and lactose intolerance.
- The application of pea flour is also expanding, especially in the functional health foods segment. They have a high fiber content and a low-fat composition, which makes them applicable for many nutritional products.
- Pulse flours are also finding growing application in preparation of extruded food products that include breakfast cereals, snacks, porous powders and textured protein products.
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Manufacturing cost structure:
The Global Pulse Flour Market report also analyses the manufacturing cost structure and provides various details about the raw materials, overall production process, and the industry chain structure analysis. The key factor that is propelling the market towards growth in each region is provided. The research report also focuses on the growth opportunities in the emerging markets of Asia Pacific, Latin America, and others.
Segments covered in the report:
For the purpose of this report, Reports and Data have segmented into the global pulse flour market on the basis of type, application, and region:
Type (Revenue, USD Million; 2016–2027)
- Peas
- Chickpea
- Bean
- Lentil
Application (Revenue, USD Million; 2016–2027)
- Bakery and Snacks
- Extruded Food
- Meat Products
- Beverages
- Dairy Products
Pulse Flour Production by Region:
North America
Europe
Asia Pacific
Latin America
Middle East Africa
Important Facts About Pulse Flour Market Report:
This report gives information about the Pulse Flour business overview, product overview, market share, supply chain analysis, demand and supply ratio, and import/export details.
The Industry report consists of different approaches and procedures endorsed by the Pulse Flour market key players to make crucial business decisions.
The Pulse Flour market depicts some parameters like production value, Pulse Flour marketing strategy analysis, Distributors/Traders, and effect factors.
Key questions answered:
What will be the market growth rate of the Pulse Flour market in the forecast period?
What are the major factors fueling the global Pulse Flour market?
Who are the key manufacturers in the Pulse Flour market space?
What are the market opportunities and market risks faced by the Pulse Flour market?
What are the sales, revenue, and price analysis of the top manufacturers in this market?
Who are the distributors, traders, and vendors in the Pulse Flour industry?
Reasons for Buying this Report:
- To gain helpful insights into the Pulse Flour Industry and delivers a comprehensive understanding of the global market and its competitive landscapes.
- Assess the production processes, major restraints, and solutions.
- Latest market strategies that are being adopted by leading players of the market.
- The report provides specific analysis for the rapidly changing dynamics of the Industry.
- An understanding of the future outlook and prospects for the market.
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