Global Pulse Flour Market
The global pulse flour market was valued at USD 10.12 billion in 2016 and is projected to reach USD 28.20 billion by 2025, growing at a CAGR of 12.1% from 2017 to 2025.
The flour of pulses such as chickpea, pea, lentils, and bean is included in this report study. These pulse flours are used to increase the health and energy attributes of gluten-free products. Growing demand for gluten-free from the health-conscious consumers is expected to be the major factor driving this market over the forecast period.
1. Market Drivers
1.1 Increasing consumer awareness regarding gluten intake
1.2 Growing demand from the bakery & snacks segment
1.3 High protein content in pulse flour
1.4 Growing preference for vegetarian diet
2. Market Restraints
2.1 Pulse production fluctuation
2.2 Unpopular flavors in the market
The global Pulse Flour market is segmented on the basis of pulse type, application, and region.
1. Global Pulse Flour Market, by Pulse Type:
2. Global Pulse Flour Market, by Application:
2.1 Food & Beverages
2.1.2 Bakery & Snacks
2.1.4 Extruded products
2.2 Animal Feed
3. Global Pulse Flour Market, by Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Archer Daniels Midland Company
2. Ingredion Incorporated
3. AGT Food and Ingredients
4. Harvest Innovations
5. CanMar Grain Products Ltd.
6. Diefenbaker Seed Processors, Ltd
7. Best Cooking Pulses Inc.
8. Bean Growers Australia
9. Great Western Grain
10. EHL Limited
11. Batory Foods
12. Blue Ribbon
14. The Scoular Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Pulse Flour Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.