The global pulse flours market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the growing demand for healthy food products globally and rising health concerns among consumers. Besides, increasing awareness about functional foods and growing health-conscious population are increasing the adoption of pulse flours, enriched with fibre, protein, and micronutrients. Rising vegetarian and vegan population are finding alternatives to meat and other protein-rich sources, creating more demand for pulse flour enriched with high protein value, which is aiding its market growth. Besides, government initiatives for pulse harvesting to increase volume of pulses and introduction of the new pulse flour-based products are adding to the market growth. Extensive manufacturer R&D to develop new products and investments by market players to improve the refining techniques, particularly for new variants are positively impacting the growth of the global pulse flours market.
The global pulse flours market is segmented on the basis of type, application, and geography. Based on the application, the market is further divided into feed and food. The food segment accounts for the largest market share in 2021 and is estimated to maintain its dominance over the next five years as well. Growing consumer demand for healthy bakery products in regions like North America and Europe expected to increase the use of pulse flour in bakery applications, which will further drive the pulse flours market in the coming years. Asia-Pacific market is expected to dominate the global pulse flours market owing to the rising health concerns and rising demand for gluten-free products in emerging economies. Rapid globalization, westernization, changing lifestyle of the population, and increasing personal disposable incomes of the middle-class population are also boosting the growth of the pulse flours market in the coming years.
Some of the major key players operating in Pulse Flours are The Scoular Company, ADM, Great Western Grain, EHL Limited, Sunopta, Best Cooking Pulses, Anchor Ingredients, Batory Foods, Blue Ribbon, Diefenbaker Spice & Pulse etc.
Objective of the Study:
- To assess the demand-supply scenario of pulse flours which covers production, demand and supply of pulse flours market globally.
- To analyse and forecast the market size of pulse flours in terms of volume and Value.
- To classify and forecast global pulse flours based on type, application, company, and regional distribution.
- To identify drivers and challenges for global pulse flours market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global pulse flours Market.
- To identify and analyse the profile of leading players involved in the manufacturing of pulse flours.
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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of Pulse Flours manufacturers operating globally. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings and regional presence of all major Pulse Flours supplier across the globe.
TechSci Research calculated the market size for Global Pulse Flours using a bottom-up technique, wherein manufacturers’ value sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturer to arrive at the overall market size. Multiple secondary sources such as directories, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Pulse Flours manufacturers
- Pulse Flours suppliers
- Raw material suppliers
- Food manufacturers
- Dealers and End Users of Pulse Flours
- Research Institutes
- Associations, organizations, forums and alliances related to Pulse Flours.
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Pulse Flours manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Pulse Flours market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Pulse Flours Market, by Pulse Flours type:
- Pea
- Bean
- Chickpea
- Lentil
- Pulse Flours Market, by Application:
- Feed
- Food
- Extruded Food
- Beverages
- Meat Products
- Others
- Others
- Market, by Region:
- Asia Pacific
- China
- India
- Japan
- Australia
- Vietnam
- South Korea
-
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Belgium
- Turkey
-
- North America
- United States
- Mexico
- Canada
-
- South America
- Brazil
- Argentina
- Colombia
-
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Pulse Flours.
Available Customizations:
With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
Contact
Mr. Ken Mathews
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Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com
