Pulse Flours Market Size, Probable Key Development Trends, Regional Growth and Outlook Across by 2027
Market Analysis
The global pulse flours market size is likely to grow at a 12.5% CAGR
between 2020- 2027, reveals the new Market Research Future (MRFR) report. Pulse
flours are made by grinding dried pulses like pea, lentil, chickpea, bean, and
others. They are rich in dietary fiber, carbohydrates, minerals, vitamins, and
protein. Pulse flour has wide applications in different cuisines as well as is
a substitute to rice flour or traditional wheat owing to its multiple health
benefits such as minimizes the risk of heart attack, treat kidney stone, help
in weight management, and improve digestion.
Numerous factors are adding to the global pulse flours market growth.
Such factors, as revealed by the latest MRFR report, include favorable
initiatives by the government to endorse pulse flour, extensive research, and
development by producers to make new products, advancements & newer
opportunities in the food processing industry, rising advancement in
agriculture, and increasing cultivation of pulses. Additional factors
propelling the pulse flours market growth include burgeoning demand for
gluten-free flour, surging awareness among consumers regarding nutrition and
health, growing demand for healthy food products, and high protein content of
pulses.
On the contrary, fluctuation in prices, GM origin products being banned
in Europe, and the unpleasant flavor of pulses are factors that may hinder the
pulse flours market growth over the forecast period.
Who are the top players in the global pulse flours market?
Eminent players profiled in the pulse flours market report include Blue
Ribbon, LLC (U.S.), Anchor Ingredients Co., LLC (U.S.), Batory Foods, Inc.
(U.S.), The Scoular Company (U.S.), Ingredion Incorporated (U.S.), SunOpta
(Canada), and Archer Daniels Midland (U.S.).
Regional Analysis
By region, the global pulse flours market
size covers the growth opportunities and recent trends across Europe, North
America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these,
the APAC region is predicted to dominate the market over the forecast period.
Factors propelling the global pulse flours market growth in the region include
innovations in the foodservice and food processing industry, improved
agricultural growth, high production & easy availability of chickpea, and
increasing awareness about the health benefits of consuming pulse flours. India
is a key contributor in the region for higher pulse flour consumption.
The global pulse flours market in North America will have healthy growth
over the forecast period for the growing demand for green label and organic
convenience food products, ongoing research and development activities for
eliminating unpleasant flavors and smell from the pulse, increasing health
consciousness, demand for gluten-free, low carb and whole-grain products, and
increasing consumption of chickpea flour which is an excellent source of
protein. Canada and the US are the key contributors in the region.
The global pulse flours market in Europe will have a steady growth over
the forecast period for the growing demand for healthy bakery products.
Prohibition of GM origin products and unpleasant flavor are factors that may
limit the pulse flours market growth in the region.
The pulse flours market in the RoW is predicted to have stable growth
over the forecast period.
Browse Full Report @ https://www.marketresearchfuture.com/reports/pulse-flours-market-4865
Market Segmentation
The Market Research Future Report provides an inclusive segmental
analysis of the global pulse flours market based on type, application, and
distribution channel.
By type, the pulse flours market is segmented into pea, lentil,
chickpea, bean, and others. Of these, the chickpea segment will lead the market
over the forecast period followed by lentil for its multiple health benefits
such as weight regulation, improved digestion, and maintenance of blood glucose
level.
By application, the pulse flours market is segmented into meat products,
savory snacks, bakery products, beverages, and others. Of these, bakery
products will dominate the market over the forecast period for its increasing
use in various bakery & confectionery products.
By distribution channel, the pulse flours market is segmented into non-store
based and store-based distribution channel. Of these, the store-based
distribution channel will have a major share in the market over the forecast
period for the one-stop shopping experience.
NOTE: Our Team of Researchers are Studying Covid19
and its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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