Pulse Flour Market Size, Outlook, Trends, and Forecasts (2018 – 2024)
Added: (Tue May 21 2019)
Pressbox (Press Release) -
The report“GLOBAL PULSE FLOUR MARKET SEGMENTED BY TYPE, APPLICATION, GEOGRAPHY (ASIA PACIFIC, NORTH AMERICA, EUROPE, MIDDLE EAST & AFRICA, SOUTH AMERICA), MARKET ESTIMATION AND FORECAST (2018-2024)”:The global pulse flour market is estimated to grow to USD 56.62 Billion by 2024 from USD 10.23 Billion in 2017, growing at a CAGR 13.23% from 2018 to 2024.
Pulse flours are powdered material, which are prepared by grinding chickpea, bean, lentil, pea and others. These flours are used in the preparation of food, beverages and functional industries. Pulses are primarily a very low-fat source, having low glycemic index and high fiber content. These pulseflours have rich content of vitamins, proteins, minerals, carbohydrates and contains excessive amount of nutritious fiber. In terms of health precautions, pulse flour maintains the blood sugar levels and proper digestion. Increased preference for green-label has raised the demand for the global pulse flour market.
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Bakery products is dominating the global pulse flour market
Based on the application, pulse flour market is divided into bakery, beverages products, meat products, savory snacks and others. Among all these applications, bakery products are dominating in the global market. Common pulses when combined with bread are acquiring more consumer awareness because of the new taste, as it improves nutrient value and expected to drive the consumption over the forecast period.Bakery & Snacks segment reckoned for a share of over 93% in the global market in 2017.
Chickpea holds the major global pulse flour market share by application.
Pulse flours are divided based on type, which includes chickpea, bean, pea, lentil and others. Chickpea hold the major market share followed by lentil as it offers several health benefits such as maintenance of blood glucose level, weight regulation and improved digestion. High nutritional content and easy accessibility of lentils are anticipated to have high demand.Lentil occupied a share of over 16%, in terms of income in 2017.
Asia Pacific is expected to hold the largest market in the global pulse flour
The global pulse flour market is sectioned into Europe, North America, Asia Pacific and rest of the world. Asia Pacific is pertaining the global pulse flours market followed by North America.India accounted for a higher consumption of pulse flours owing to enhance the awareness about the advantages of consuming pulse flours products. Additionally, increasing demand for green labeland organic foods products in North American countries like Canada and the U.S are probably encouraging the growth of pulse flour market during the estimation period.
It includes the profiles of leading companies such as The Scoular Company (U.S.), Batory Foods, Inc. (U.S.), Blue Ribbon, LLC (U.S.), SunOpta (Canada), Ingredion Incorporated (U.S.)
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