Global Pulse Flour Market to surpass $ 60 Bn by 2025

December 30, 2019


According to the research report titled ‘Pulse Flour Market Size By Product (Pea [By Application {Bakery Products, Extruded Snacks, Beverage}], Chickpea [By Application {Bakery & Snacks, Beverage, Animal Feed}], Bean [By Application {Bakery & Snacks, Beverage}], Lentil [By Application {Bakery & Snacks, Infant Food}]), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available at MarketStudyReport.com, the global pulse flour market is expected to cross USD 60 billion by the year 2025.
 

Shifting consumer preference towards healthy lifestyle and balanced diet is leading to rising consumption of protein and fiber rich food which in turn is driving the pulse flour market growth.
 

Consumers are adopting alternatives for agricultural products like corn, soy and wheat in order to increase nutritional content in their respective diets. This surging need for healthy food products is aiding the expansion of the pulse flour market.
 

Nutritional benefits obtained from pulse flour products help in minimizing the risk of various health disorders such as cardiovascular diseases, obesity and diabetes. However, lack of consumer awareness of such benefits and high production costs may hinder the growth of the market. Moreover, higher than recommended consumption of pulse flour products may lead to gastrointestinal issues.
 

In terms of product type, pea flour segment is expected to grow substantially during the estimated timeframe. Pea flour regulates blood sugar stability, reduces cancer risks and cholesterol levels. Thus, surging need for pea flour is stimulating the segment growth.
 

On the other hand, the report cites that chickpea flour will also likely register growth in pulse flour market. Chickpeas comprise of secondary compounds like trypsin and chymotrypsin inhibitors, which could hamper nutrient consumption by non-ruminants. Meanwhile, chickpeas and are incorporated in animal feed in order to support milk, meat or egg production.
 

Considering geographical landscape, rising consumer awareness regarding vegan protein diet among adults and working professionals is augmenting the demand for pulse flour products across North America.
 

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Various service providers in Europe and North America are replacing pulse flour in their respective food items. Meanwhile, improving agricultural sector in Asia-Pacific is creating lucrative growth opportunities for pulse flour market.
 

The report further notes that growing need for healthy snack & bakery products in Latin America, especially in Argentina and Brazil, is propelling the industry outlook in the region.
 

The prominent companies operating in the pulse flour market are GPA Capital Food Pvt. Ltd., CanMar Grain Products, AGT Food & Ingredients, ADM and Ingredion among others.


Frequently Asked Questions (FAQ) :

Shifting consumer preference towards healthy lifestyle and balanced diet is leading to rising consumption of protein and fiber rich food which in turn is driving the pulse flour market growth. Consumers are adopting alternatives for agricultural products like corn, soy and wheat in order to increase nutritional content in their respective diets. This surging need for healthy food products is aiding the expansion of the pulse flour market.
Lack of consumer awareness regarding the benefits offered by pulse flour and high production costs may hinder the growth of the market. Moreover, high consumption of pulse flour products may lead to gastrointestinal issues, which poses a major challenge that could impede industry expansion.
Rising consumer awareness regarding vegan protein diet among adults and working professionals is augmenting the demand for pulse flour products across North America. Various service providers in Europe and North America are replacing pulse flour in their respective food items. Meanwhile, improving agricultural sector in Asia-Pacific is creating lucrative growth opportunities for pulse flour market. Additionally, growing need for healthy snack & bakery products in Latin America, especially in Argentina and Brazil, is also likely propelling the industry outlook in the region.
The prominent companies operating in the pulse flour market are GPA Capital Food Pvt. Ltd., CanMar Grain Products, AGT Food & Ingredients, ADM and Ingredion among others.