Global Pulse Flours Industry is valued approximately USD 13.79 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 5.30% over the forecast period 2019-2026. Pulses are leguminous crops found in almost all crop growing regions, globally. Pulse flour is obtained from dried, milled pulses which are then further refined to be used in various applications. Pulse flour has versatile applications in various cuisines and also as an alternative to traditional wheat or rice flour. Pulse flour is largely used in bakeries and snack industry to improve dough condition and also to increase protein content as pulses are a great source of protein. Beans, broad beans, yellow peas, and lupins are widely used variety in the pulse flour Industry. Increasing demand for gluten-free flour is one of the major factors responsible for high CAGR of the Industry. Increasing preference for vegan and vegetarian diets is the factors that offers growth opportunities. Additionally, rising demand for the healthier option over traditional flour available is contributing towards growth of global Pulse Flours Industry. Further, Pulse flour has high nutritional content, which is resulting in the increased usage of pulse flour by health conscious people that regulates their demand across various regions. However, presence of natural protein ingredients and rising demand for oil-based flour that is anticipated to hamper the Industry growth during the forecast period.
The regional analysis of global Pulse Flours Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share owing to growing number of health conscious people preferring pulse flour over other types and increasing demand for gluten-free flour in the region. Europe contributes a satisfactory growth in the global Pulse Flours Industry during the forecast period. Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026 due to increasing usage of pulse flour in the food & beverage industry across the region.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Pulse Flours Industry Share and Size by 2019-2025
Pulse Flours Market Segmentation:
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Pulse Flours Market are as follows:
Great Western Grain
Best Cooking Pulses
Diefenbaker Spice & Pulse