Pulse Flours Market Register a Healthy CAGR 12.5% | Global Industry Size, Share, Growth, Explosive Trends | Key Player, Comprehensive Research Reports and Business Opportunities till 2023

Pulse Flours Market Register a Healthy CAGR 12.5% | Global Industry Size, Share, Growth, Explosive Trends | Key Player, Comprehensive Research Reports and Business Opportunities till 2023

“\”Pulse Flours Market Research Report- Forecast till 2023\””
“Pulse Flours Market Projected to Reach at a CAGR of 12.5%, Global Pulse Flours Industry Size, Share and Growth Analysis by Type, Application, and Distribution Channel”

Pulse flour is increasingly gaining prominence in the bakery industry. Edible bean powder is extensively used in baking applications such as cookies, brownies, cakes, bread, crackers and pizza crust, heeted snacks, cereals, pretzels, and crisps.

Pulse flour is progressively drawing the interest of the food industry as well as consumers due to its reputation as a nutritionally high product. Packed with high protein and amino acids, pulse flours are healthier than traditional cereal flours. The Global Pulse Flour Market is expected to showcase noteworthy CAGR of 12.5% and reach a significant valuation over the forecast period of 2017-2023, affirms Market Research Future (MRFR) in an in-depth study.

Elevated consumer awareness regarding the health benefits associated with pulse flours and increased consumer preference for protein-rich and green-label food products has resulted in the consolidation of the global pulse flour market.

The growing incidence rate of celiac disease is also a contributing factor to the growth of the market. Celiac patients who need to maintain a gluten-free diet do not get adequate fiber and also miss out on essential vitamins, minerals, and other nutrients. Consumption of pulse flour could significantly fill the nutrition gap created by gluten-free diet and improve the nutritional profile of celiac patients and are recommended by dieticians. Moreover, gluten-free products are often higher in sugar, calories and fat content. Pulse flour is being highly preferred by health-conscious consumers.

Pulse flour is replacing traditional ingredients such as wheat flour in a variety of products such as in pasta, tortillas, granola bar, and others which is driving the global pulse flour market. They can considerably increase the nutritional content without the loss of sensory qualities. Moreover, pulse flour boosts iron and fiber. They are also better at water retainment and reduce surface cracking.

Enticed by the growing popularity of pulse flours, food companies are trying to capitalize on the opportunity and are incorporating pulse flour in numerous food products to improve the overall nutritional content of products. Moreover, food manufacturers are ramping up their marketing and commercialization programs to raise awareness among consumers which has resulted in a positive momentum of sales.

On the downside, poor olfactory properties of pulses and fluctuating global prices of pulses are likely to impede the growth of the global pulse flour market.

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Regional Analysis

By Region   : North America, Europe, Asia Pacific, and Rest of the world (RoW).

APAC is domineering the global pulse flour market. India is among the top consumers of pulse flours due to an elevated level of awareness among consumers. Moreover, expansion of the agriculture sector coupled with development in food processing and food service industry is driving the growth of the pulse flour market in APAC.

North America follows APAC closely. Rising demand for organic and green label food products in the region is supporting the growth of the market in the region. North America is the frontrunner in the consumption of GM plus flours in food preparation and R&D. The governments in the region advocate the use of pulse flour. The U.S. farm bill of 2014 was designed to fund pulse crops. Moreover, the establishment of supply chain in the region also supports the growth of the market.

Key Findings:

  • Organic pulse flours have a massive opportunity in the global food and beverage market
  • India is the major producer of pulses such as bean, chickpea, lentil, and pea

Competitive Landscape

  • Blue Ribbon, LLC (U.S.)
  • Archer Daniels Midland (U.S.)
  • The Scoular Company (U.S.)
  • Anchor Ingredients Co., LLC (U.S.)
  • SunOpta (Canada)
  • Ingredion Incorporated (U.S.)
  • Batory Foods, Inc. (U.S.)

Intended Audience

  • Pulse flours manufacturers
  • Raw material suppliers
  • Food and beverage industry
  • Retailers and wholesaler
  • E-commerce industry
  • Traders, importers, and exporters

Segmentation

The Global Pulse Flour Market has been segmented based on Type, Application, and Distribution Channel.

By Type    

  • Bean
  • Chickpea
  • Lentil
  • Pea 

By Application     

  • Beverages
  • Bakery Products
  • Savory Snacks
  • Meat Products

By Distribution Channel       

  • Store-Based
  • Non-Store Based distribution channel

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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