Global Pulse Flour Market: Overview
Pulses are basically legumes that are found in all the agricultural nations of the world. Pulse flour is basically milled, dried pulses, which are refined further for using them in different applications. Pulse flour can be used as a substitute for traditional flour like wheat, soy, etc. Some of the popular pulses used for making pulse flour include lentils, broad beans, yellow peas, and beans, among others. The popularity of the global pulse flour market can be attributed to the increasing consumption of gluten-free food products in developed countries.
Global Pulse Flour Market: Growth Factors
The major growth driver in the global pulse flour market is the increase in the demand for gluten-free flour. In addition, pulse flour is healthier in comparison to traditional flour. Pulse flour has high nutritional content, including proteins, which is contributing to the increased adoption of pulse flour by health conscious people. Pulse flours are also used as substitutes for varied agricultural products, such as soy, wheat, corn, etc. These are some of the factors fuelling the expansion of the global market for pulse flour.
Pulses have an unpleasant flavor due to the presence of various compounds, such as acids, aldehydes, ketones, pyrazines, sulfur derivatives, etc. This might act as a growth restraint for the pulse flour market on a global scale.
Global Pulse Flour Market: Segmentation
The global pulse flour market is fragmented based on origin, type, and end-user. Based on origin, the market for pulse flour is bifurcated into conventional and organic. On the basis of type, the pulse flour market is divided into broad beans, chickpeas, beans, peas, lentils, and lupins, among others. Based on end-user, the pulse market can be segmented into commercial and household. The commercial segment is further sub-segmented into nutraceutical, food industry, pet food, and animal feed. The commercial segment is projected to contribute a substantial share in the global pulse flour market in the upcoming years, due to the growth of the food industry across the globe.
Global Pulse Flour Market: Regional Analysis
Based on regions, the global market for formulation additives can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. In the Asia Pacific region, improved agricultural development in the last few years and irrigation of pulses is estimated to propel the demand and popularity of the pulse flour market in the upcoming years. Additionally, a variety of innovations in the food processing and food service market are likely to create new opportunities and prospects for the pulse flour market. The North American region is projected to hold a substantial share in the pulse flour market. This is due to the increasing demand and popularity of pulse flour from producers of snacks and bakery, growing consciousness of customers about the advantages of pulse flour, and rising demand and requirement for gluten-free food products among the customers.
Global Pulse Flour Market: Competitive Players
Some key players in the global pulse flour market are Parakh Agro Industries Ltd., CanMar Grain Products, Best Cooking Pulses, Diefenbaker Spice & Pulse, Globeways Canada, Bean Growers Australia, Agspring, Blue Ribbon, Great Western Grain, Batory Foods, Anchor Ingredients, Archer Daniels Midland, EHL Limited, SunOpta, ADM, The Scoular Company, and Ingredion, among others.
Global Pulse Flour Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- The UK
- France
- Germany
- The Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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