The latest research study “Pulse Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global pulse flour market size reached US$ 25.33 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 37.06 Billion by 2027, exhibiting a growth rate (CAGR) of 6.20% during 2022-2027.
What is Pulse Flour Market?
Pulse flour refers to a type of flour that is produced from edible legumes such as broad beans, dry beans, chickpeas, lentils, peas, lupins, etc. They can be of two types, including organic flour and conventional flour. These pulse flour products are obtained by milling and grinding pulses into flour, which are then refined for several applications. These flours contain a greater amount of protein and fiber, are gluten-free, and prove to be a suitable substitute for traditional wheat, corn, and soy flour. Consequently, pulse flour variants find extensive utilization in various sectors, such as food and beverages (F&B) and animal feed.
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Pulse Flour Market Trends and Drivers:
The shifting preferences among consumers across the globe toward incorporating healthy and nutritious food in their daily diet are primarily driving the pulse flour market. Apart from this, the escalating usage of this flour in the bakery and snack segment to improve the characteristics of the dough, owing to its versatile nature, is also positively influencing the global market. In line with this, the increasing product employment in dairy food items to enhance their nutritional content and amino acid profile is acting as another significant growth-inducing factor. Besides this, the growing prevalence of celiac diseases and the rising inclination for gluten-free products are further stimulating the market growth. Moreover, the launch of numerous favorable policies and incentives by government bodies across countries aimed at promoting the cultivation of pulse crops and the elevating product availability through online retail channels are expected to propel the pulse flour market over the forecasted period.
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Pulse Flour Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AGT Food and Ingredients, Anchor Ingredients, Archer-Daniels-Midland Company, Ardent Mills LLC, Avena Foods Limited, Batory Foods, Diefenbaker Spice & Pulse, Ingredion Incorporated, Limagrain and The Scoular Company.
The report has been segmented the market into following categories:
Breakup by Category:
- Organic Flour
- Conventional Flour
Breakup by Type:
- Pea
- Bean
- Chickpea
- Lentil
- Others
Breakup by Application:
- Food
- Bakery
- Extruded Food
- Meat Products
- Beverages
- Others
- Feed
- Others
Breakup by Distribution Channel:
- Supermarkets/Hypermarkets
- Departmental Stores
- Online Stores
- Specialty Stores
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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