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Global Pulse Flour Market to Rise at a CAGR of 6.8% in the Forecast Period of 2022-2027, Aided by the Rising Demand for Gluten-Free Foods

According to a new report by EMR titled, ‘Global Pulse Flour Market Report and Forecast 2022-2027’, the global pulse flour industry is likely to grow at a CAGR of about 6.8% in the forecast period of 2022-2027.

The high protein profile of pulses and demand for health food products have been major drivers contributing to the growth of the market. With the growing demand for healthier and gluten-free items, the food segment is predicted to have the biggest market share. Due to the rising demand for natural and nutritious ingredients from a larger part of the health-conscious population, manufacturers are being encouraged to cut spending on expensive ingredient systems and develop novel flour-based systems for optimal use in extruded food items. Pulse flours are substituted for other agricultural products such as wheat, corn, soy, and other traditional components to improve the nutritional profile of numerous food products. This is one of the factors driving the food industry's pulse flours market. During COVID-19, demand soared as sales of ready-to-eat healthy foods increased significantly. Many governments are promoting pulses and building delivery systems to incorporate dried peas, lentils, and chickpeas into school lunch programmes.

The market in the region is growing in response to the rising demand for clean-label food products. In August 2018, Bunge North America, a Bunge Limited subsidiary, launched lentil functional flour to its line of clean-label ingredients. The product launched is a protein-rich, functionally equivalent substitute for modified starches that can be listed as merely “lentil flour” in an ingredient statement.

Market Analysis by Category, Product Type, Application, and Regions:

  • The category of the product can be divided into organic flour and conventional flour.
  • Based on product type, the market is categorised into bean, chickpea, lentil, and pea.
  • The application of the product includes bakery, extruded snacks, pet food, and feed, among others.
  • The regional markets for pulse flour include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • Series of innovations in the food processing and foodservice market are expected to create new opportunities and prospects for the market.
  • The increasing consumer knowledge about health and nutrition and growing awareness about maintaining a healthy lifestyle are the major factors bolstering the rise of the pulse flours market.
  • Rising disposable income of people is expected to augment the market growth.
  • Westernisation and changing lifestyle preferences of people are driving the growth of the plus flour market.

Key Offerings of the report:

  • The EMR report gives an overview of the global pulse flour market for the periods (2017-2021) and (2022-2027). 
  • The report also offers the historical (2017-2021) and forecasted (2022-2027) markets for the category, product type, application, and major regions of pulse flour.  
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global pulse flour industry are Avena Foods, Limited, AGT Food and Ingredients Inc., Groupe Limagrain Holding, Bühler AG, Ingredion Incorporated, and Ardent Mills, LLC, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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