Global Pulse Flour Market Growth, Trends and Forecast (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 23, 2019--The “Global Pulse Flour Market - Growth, Trend and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global pulse flour market is anticipated to grow at a CAGR of 5.1% from 2018 to 2023, and estimated to reach a value of USD 17.56 billion by 2023.
The global pulse flour market is growing, due to the consumer demand for protein rich, nutritious, and gluten-free products.
Most of the food & beverage manufacturers demand pulse flour as pulse flour is used in various food & beverage applications. A large number of studies have showed that pulse flours have a large number of health as well as functional benefits when compared to other gluten free flours.
The health benefits include reduction of cholesterol levels, helps in controlling diabetics and improves immune function. Functional benefits include high binding tendency. These benefits have increased the popularity for pulse flour in the resent times.
The chickpea segment dominated the market in the total market share in 2017, followed by bean, lentil, and pea segments. By application, the pulse flour market has been bifurcated into bakery, beverages, extruded snacks, and others.
The bakery segment is expected to hold the dominant market share during the forecast period, due to increase in the consumer demand for healthy ingredients in bakery products.
DriversGrowing Preference of Pulse Flour in Bakery Products Consumer Preference for Gluten-free Products Increasing Use of Functional Food Ingredients
RestraintsPrice Fluctuation of Pulses and Increase in Export and Import Charges Low Consumption in Underdeveloped Countries
OpportunitiesExtruded Snack Manufacturers preferring Pulse Flour
2. Market Overview
3. Market Forecast
4. Market Segmentation
5. Competitive Landscape
6. Company ProfilesADM Agspring (Firebird Artisan Mills) AGT Food & Ingredients Best Cooking Pulses Inc. CanMar Grain Products Diefenbaker Seed Processors Ganesh Grains Ltd. Global Agra Commodities Ingredion Incorporated Meenakshi Foods Parakh Agro Industries Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/5zw3lc/global_pulse?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190123005662/en/
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Related Topics:Food Ingredients
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 01/23/2019 12:33 PM/DISC: 01/23/2019 12:32 PM