Pune, India -- (SBWire) -- 08/01/2018 --Pulse flour is gaining importance as an ingredient in food & beverages industry as it is a source of dietary fibre, protein, iron and other minerals and vitamins. The food products with pulse flour as an ingredient is widely accepted by consumers preferring vegan products. The ingredient is gaining its market presence in gluten-free market.
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Market Overview:
Pulse Flours market accounted to USD 9.9 billion in 2016 growing at a CAGR of 12.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Regional Analysis:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Top Key Competitors:
o Ingredion, ADM
o The Scoular Company
o Sunopta
o Anchor Ingredients
o EHL Limited
o Batory Foods
o Diefenbaker Spice & Pulse
o Blue Ribbon
o Great Western Grain
o Best Cooking Pulses
o Bean Growers Australia
o AGT Food and Ingredients
o Agspring, LLC
Report Segmentation:
By type:
- Peas
- Chickpeas
- Bean
- Lentil
By application:
- Food & Beverages
- Feed
- Others
The food & beverages segment is sub-segmented into:
- Bakery
- Meat Substitutes
- Extruded Foods
- Beverages
- Others
Drivers and Restraints:
o Rising demand of vegetarian and vegan products
o Growth in the demand of clean label and gluten free products
o Benefits of high protein content in pulse flours
o Regulation on GM based products
o Fluctuating prices of pulses
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Pulse Flours Market at a Highest CAGR of +12.5% and Dominated by Ingredion, ADM, the Scoular Company, Sunopta, Anchor Ingredients, EHL Limited
Global Pulse Flours Market Research Information: By Type (Peas, Chickpeas, Bean, Lentil), By Application (Food & Beverages, Feed, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) - Forecast Till 2024