Pulse Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global pulse flour market size reached US$ 27.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 39.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.
Pulse flour is produced from edible legumes such as dry beans, broad beans, chickpeas, lentils, lupins, and peas. It is obtained by milling and grinding pulses into flour, which is then refined for various applications. Pulse flour is generally used as a substitute for traditional flour like wheat, corn, and soy. Due to its versatile nature, pulse flour is used in various cuisines and the preparation of bakery products. It is also used in the snacks industry to improve the characteristics of the dough and increase the protein content of the product. Moreover, pulse flour is gaining traction globally due to the growing demand for gluten-free food products.
Pulse Flour Market Trends:
The global pulse flour market is primarily driven by the rising awareness among consumers regarding the inclusion of healthy and nutritious food in their daily diet. Pulse flour is a rich source of proteins and fiber with a low Glycemic Index (GI), which makes it a niche and specialty product. It is also used in dairy food items to increase their nutritional content and improve the amino acid profile. Besides this, there is a shift in the preferences of the urban working population toward pulse flour due to the numerous health benefits associated with its consumption. Other factors such as rapid urbanization and increasing disposable incomes have further resulted in higher incorporation of pulse flour, which is propelling the growth of the market. Furthermore, governments worldwide are providing incentives for the increased cultivation of pulse crops, which has led to the easy availability of pulse flour across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global pulse flour market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on category, type, application and distribution channel.
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
Breakup by Region:
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report
1. How big is the global pulse flour market?
2. What is the expected growth rate of the global pulse flour market during 2023-2028?
3. What are the key factors driving the global pulse flour market?
4. What has been the impact of COVID-19 on the global pulse flour market?
5. What is the breakup of the global pulse flour market based on the type?
6. What is the breakup of the global pulse flour market based on the application?
7. What are the key regions in the global pulse flour market?
8. Who are the key players/companies in the global pulse flour market?