According to a market report by Lucintel, the future of the pulse flour market looks promising with opportunities in the bakery, dairy, extruded snakes, beverages, and pet food applications. The pulse flour market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing demand for healthy food ingredients and rising popularity of protein-rich food products.
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Pulse flour is basically milled, dried pulses, which are refined further for using them in different applications. Pulse flour can be used as a substitute for traditional flour like wheat, soy, etc. In this market, pea, chick pea, bean, and lentil are the major pulses used for making pulse flour.
Asia Pacific will remain the largest market over the forecast period due to improved agricultural growth during the last decade, and advancements in the food processing and food service industry.
Ingredion, ADM, The Scoular Company, Sunopta, Anchor Ingredients, EHL, Batory Foods, Diefenbaker Spice & Pulse, Blue Ribbon, and Great Western Grain are among the major manufacturers of pulse flour.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the pulse flour market by origin, pulse type, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled "Pulse Flour Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the pulse flour market by origin, pulse type, application, end use industry, and region as follows:
By Origin [$M shipment analysis for 2013 – 2024]:
By Pulse Type [$M shipment analysis for 2013 – 2024]:
Pea
Chick Pea
Bean
Lentil
By Application [$M shipment analysis for 2013 – 2024]:
Bakery
Dairy
Extruded Snacks
Beverages
Pet Food
Others
By End Use Industry [$M shipment analysis for 2013 – 2024]:
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pulse-flour-market.aspx or helpdesk@lucintel.com.
About Lucintel
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