Dublin, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The "Pulse Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global pulse flour market has experienced substantial growth, achieving a market size of US$ 27.0 Billion in 2022. Analysts predict continued expansion with a projected Compound Annual Growth Rate (CAGR) of 6.1% during 2023-2028, ultimately reaching an estimated US$ 39.3 Billion.
Pulse Flour: The Nutritious Choice
Pulse flour, derived from edible legumes such as dry beans, broad beans, chickpeas, lentils, lupins, and peas, is produced through the milling and grinding of pulses into flour. This flour is then refined for various applications and is commonly used as a substitute for traditional flours like wheat, corn, and soy.
Due to its versatility, pulse flour is incorporated into various cuisines and bakery products, as well as the snacks industry, where it improves dough characteristics and boosts protein content. Furthermore, the growing demand for gluten-free food products has driven the global adoption of pulse flour.
Market Trends:
The global pulse flour market is primarily propelled by increased consumer awareness of the importance of incorporating healthy and nutritious foods into their daily diets. Pulse flour is a rich source of proteins and fiber with a low Glycemic Index (GI), making it a niche and specialty product.
Its use extends to dairy products, where it enhances nutritional content and improves the amino acid profile. As urban working populations shift their preferences toward pulse flour due to its numerous health benefits, the market continues to grow. Rapid urbanization and rising disposable incomes have further increased the incorporation of pulse flour, and governments worldwide are providing incentives to boost pulse crop cultivation, ensuring the widespread availability of pulse flour.
Key Market Segmentation
The global pulse flour market report analyzes trends in each sub-segment and offers forecasts at the global, regional, and country levels from 2023 to 2028. The market is categorized based on category, type, application, and distribution channel.
Category Insights:
- Organic Flour
- Conventional Flour
Type Insights:
- Pea
- Bean
- Chickpea
- Lentil
- Others
Application Insights:
- Food
- Bakery
- Extruded Food
- Meat Products
- Beverages
- Others
- Feed
- Others
Distribution Channel Insights:
- Supermarkets/Hypermarkets
- Departmental Stores
- Online Stores
- Specialty Stores
Regional Insights:
- 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 report provides a comprehensive analysis of the competitive landscape, featuring key players including 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:
- What is the size of the global pulse flour market?
- What is the expected growth rate of the global pulse flour market during 2023-2028?
- What are the key factors driving the global pulse flour market?
- What has been the impact of COVID-19 on the global pulse flour market?
- How is the global pulse flour market segmented by type and application?
- What are the key regions in the global pulse flour market?
- Who are the key players/companies in the global pulse flour market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 144 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $27 Billion |
| Forecasted Market Value (USD) by 2028 | $39.3 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/sdlvgq
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