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Pulse Flours Market Is Expected To Reach 12.5% CAGR by 2027: Market Research Future

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Pulse Flours Market Is Expected To Reach 12.5% CAGR by 2027: Market Research Future

April 20
03:29 2022
Pulse Flours Market Is Expected To Reach 12.5% CAGR by 2027: Market Research Future
Pulse Flours Market Analysis
Pulse Flour Market Information: by Type (Bean, Chickpea, Lentil, Pea and others), Application (Beverages, Bakery Products, Savory Snacks, Meat Products, and others), Distribution Channel (Store-Based and Non-Store Based), and Region – Forecast till 2027

Pulse Flours Market Analysis 

The pulse flours market is likely to grow at a 12.5% CAGR between 2020- 2027, reveals the new Market Research Future (MRFR) report. Pulse flours are made by grinding dried pulses like pea, lentil, chickpea, bean, and others.

Numerous factors are adding to the global pulse flours market growth. Such factors, as revealed by the latest MRFR report, include favorable initiatives by the government to endorse pulse flour, extensive research, and development by producers to make new products, advancements & newer opportunities in the food processing industry, and rising advancements in agriculture, and increasing cultivation of pulses. Additional factors propelling the pulse flours market growth include burgeoning demand for gluten-free flour, surging awareness among consumers regarding nutrition and health, growing demand for healthy food products, and high protein content of pulses.  

On the contrary, fluctuation in prices, GM origin products being banned in Europe, and the unpleasant flavor of pulses are factors that may hinder the pulse flours market growth over the forecast period. 

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Market Segmentation

The Market Research Future Report provides an inclusive segmental analysis of the global pulse flours market based on type, application, and distribution channel. 

By type, the pulse flours market is segmented into pea, lentil, chickpea, bean, and others. Of these, the chickpea segment will lead the market over the forecast period followed by lentils for its multiple health benefits such as weight regulation, improved digestion, and maintenance of blood glucose levels. 

By application, the pulse flours market is segmented into meat products, savory snacks, bakery products, beverages, and others. Of these, bakery products will dominate the market over the forecast period for their increasing use in various bakery & confectionery products. 

By distribution channel, the pulse flours market is segmented into the non-store-based and store-based distribution channels. Of these, the store-based distribution channel will have a major share in the market over the forecast period for the one-stop shopping experience. 

Browse In-depth Market Research Report (110 Pages) on Pulse Flour Market: https://www.marketresearchfuture.com/reports/pulse-flours-market-4865

Regional Analysis

By region, the global pulse flours market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the APAC region is predicted to dominate the market over the forecast period. Factors propelling the global pulse flours market growth in the region include innovations in the food service and food processing industry, improved agricultural growth, high production & easy availability of chickpea, and increasing awareness about the health benefits of consuming pulse flours. India is a key contributor in the region for higher pulse flour consumption. 

The global pulse flours market in North America will have healthy growth over the forecast period for the growing demand for green label and organic convenience food products, ongoing research and development activities for eliminating unpleasant flavors and smell from the pulse, increasing health consciousness, demand for gluten-free, low carb and whole-grain products, and increasing consumption of chickpea flour which is an excellent source of protein. Canada and the US are the key contributors in the region. 

The global pulse flours market in Europe will have a steady growth over the forecast period for the growing demand for healthy bakery products. Prohibition of GM origin products and unpleasant flavor are factors that may limit the pulse flours market growth in the region. 

The pulse flours market in the RoW is predicted to have stable growth over the forecast period. 

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Key Players

Eminent players profiled in the pulse flours market report include Blue Ribbon, LLC (U.S.), Anchor Ingredients Co., LLC (U.S.), Batory Foods, Inc. (U.S.), The Scoular Company (U.S.), Ingredion Incorporated (U.S.), SunOpta (Canada), and Archer Daniels Midland (U.S.). 

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

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