Global Pulse Flour Market Valued at $54.9 Billion in 2033
According to a market research report by FactMR, the global pulse flour market was valued at over US$ 14 billion in 2020 and is expected to register a CAGR of 7% from 2021 to 2031. Pulse flour is a type of flour that is made from pulses such as peas, chickpeas, lentils, and beans.
The report states that the increasing demand for gluten-free and plant-based food products, along with the growing awareness about the health benefits of pulse flour, is driving the growth of the global pulse flour market. In addition, the rising adoption of pulse flour in various food applications such as bakery, snacks, and beverages is also contributing to the market growth.
Based on product type, the report categorizes the pulse flour market into pea flour, chickpea flour, lentil flour, and others. Among these, chickpea flour is the most widely used product type, owing to its high protein content and versatile nature.
Geographically, North America is the largest market for pulse flour, due to the high demand for gluten-free and plant-based food products in the region. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, owing to the increasing adoption of healthy diets and the growing food processing industry in countries such as India and China.
Some of the key players in the pulse flour market include ADM, AGT Food and Ingredients, Batory Foods, Best Cooking Pulses, and Diefenbaker Spice & Pulse. These companies are focusing on product innovation and expanding their product portfolios to cater to the increasing demand for pulse flour in various food applications
Key Segments Covered in Pulse Flour Industry Research
By Product Type :
Lentils
Chickpeas
Peas
Lignin
Beans
Fiber/Bran
Others
By Application :
Bakery & Confectionery
Extruded Products
Beverages
Animal Feed
Dairy Products
Other Applications
By Distribution Channel :
Food Chain Services
Modern Trade
Convenience Stores
Departmental Stores
Online Stores
Other Distribution Channels
By Region :
North America
Latin America
Europe
APAC
MEA
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