According to a market report by Lucintel, the future of the pulse flour market looks promising with opportunities in the bakery, dairy, extruded snakes, beverages, and pet food applications. The pulse flour market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing demand for healthy food ingredients and rising popularity of protein-rich food products.
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. In this market, pea, chick pea, bean, and lentil are the major pulses used for making pulse flour.
Asia Pacific will remain the largest market over the forecast period due to improved agricultural growth during the last decade, and advancements in the food processing and food service industry.
Ingredion, ADM, The Scoular Company, Sunopta, Anchor Ingredients, EHL, Batory Foods, Diefenbaker Spice & Pulse, Blue Ribbon, and Great Western Grain are among the major manufacturers of pulse flour.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the pulse flour market by origin, pulse type, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled "Pulse Flour Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the pulse flour market by origin, pulse type, application, end use industry, and region as follows:
By Origin [$M shipment analysis for 2013 – 2024]:
• Organic
• Conventional
By Pulse Type [$M shipment analysis for 2013 – 2024]:
• Pea
• Chick Pea
• Bean
• Lentil
By Application [$M shipment analysis for 2013 – 2024]:
• Bakery
• Dairy
• Extruded Snacks
• Beverages
• Pet Food
• Others
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Household
• Commercial
By Region [$M shipment analysis for 2013 – 2024]:
• North America
• United States
• Canada
• Mexico
• Europe
• UK
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link……. [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the pulse flours market by origin (organic, conventional), pulse type (pea, chickpea, bean, and lentil), application (bakery, dairy, extruded snakes, beverages, pet food, and others), end use industry (household and commercial), and region (North America, Europe, Asia Pacific, and Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the pulse flours market?
Q.5 What are the business risks and threats to the pulse flours market?
Q.6 What are emerging trends in this pulse flours market and the reasons behind them?
Q.7 What are some changing demands of customers in the pulse flours market?
Q.8 What are the new developments in the pulse flours market? Which companies are leading these developments?
Q.9 Who are the major players in this pulse flours market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this pulse flours area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this pulse flours market?