Pulse Flour Market Forecast To Reach $56.62 Billion By 2024: Grand View Research, Inc.
The global pulse flour market is expected to reach USD 56.62
billion by 2024, according to a new report by Grand View Research, Inc. Pulses
are primarily a very low-fat source, comprising high fiber content, and low
glycemic index. The product exhibits significant advantages over rice and wheat
flour. These can be fortified to obtain the necessary mix of nutrients and rare
elements such as selenium, potassium, and sodium.
Canada pulse flour market revenue, by application, 2013 - 2024 (USD Billion) |
Enhancement of innate immune response and treatment
of joint pain is foreseen to fuel the demand in gluten-free foods. Over the
past few years, extensive research is being conducted by the manufacturers in
order to develop new products for utilization in applications such as feed and
food. The companies have also been trying to study the pulse refining
techniques on new pulse varieties. This is likely to open new opportunities
over the forecast period.
Full
Research Report On Global Pulse Flour Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/pulse-flour-market
www.grandviewresearch.com/industry-analysis/pulse-flour-market
Further
key findings from the report suggest:
- Bakery & Snacks segment accounted for a
share of over 90% in the global market in 2015. The common pulses when
combined with bread are gaining more consumer attention owing to the new
taste and enhanced nutritive value of the end product. The ability of the
product to replicate the functional properties of other flours, without
causing any side effects, is expected to propel the consumption over the
forecast period.
- Lentil accounted for a share of over 10%, in
terms of revenue, in 2015. High nutritional content and easy availability
of lentils are expected to fuel the demand. Increased utilization in
combination with pea flour is expected to have a positive impact on the
demand.
- Europe dominated the market, in terms of
revenue, in 2015. The market has witnessed an increase in development of
new products over the past years. Bean based new product launches
accounted for over 41.8% in 2014 while chickpea accounted for 35.0% share.
In Asia Pacific, high cultivation of pulses is expected to propel the
demand over the forecast period.
- The industry is characterized by new product
development and mergers & acquisition. In February 2015, Ingredion
Incorporated introduced a new range of pulse flour suitable for
application in a wide range of bakery food items. The launch of 10 new
flours was aimed at helping the production of high nutrition and certified
gluten-free food.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/food-and-beverages
www.grandviewresearch.com/industry/food-and-beverages
Grand View Research has segmented the global pulse flour market on the
basis of product, application and region:
Global
Pulse Flour Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 -
2024)
- Pea
- Lentils
- Chickpea
- Others
Global
Pulse Flour Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013
- 2024)
- Bakery
& Snacks
- Dairy
- Beverages
- Others
Global
Pulse Flour Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 -
2024)
- North
America
- U.S.
- Canada
- Europe
- Germany
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Middle
East & Africa
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-pulse-flour-market
www.grandviewresearch.com/press-release/global-pulse-flour-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
For More
Information: www.grandviewresearch.com
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