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Pulse Flours Market: Global Forecast until 2022

  • October 2017
  • 131 pages
  • ID: 5178637
In this report:
The markets in North America, Europe, and RoW regions are expected to grow at CAGRs of ##.##%, ##.##%, and ##.##%, respectively, from 2017 to 2022.
According to Pulse Canada, the country exported about ## million tonnes of pulses in 2015, the major exporting pulse crops are peas and lentils, and with this, Canada accounted for about ##% of the global pulse trade.

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"Pulse flours market is estimated to rise at a compound annual growth rate of 12.20 percent in terms of value"

The pulse flours market is projected to be valued at ~$10.7B in 2017, and is projected to extend ~$19.0B by 2022, at a compound annual growth rate of 12.20 percent from 2017. The rise of pulse flour ingredients is influenced by the growing demand for gluten-free ingredients from the bakery, RTE, and snack food sectors. The unpleasant taste of pulse flours is one of the main restraints for the sector.

"Bean segment is planned to be the quickest-increasing in the pulse flours market"

The bean segment is expected to grow at the maximal rate during the outlook period. The growth in demand for premium food & beverage items established on natural and functional ingredients has influenced the manufacturers of food & beverage products to include more treated and protein-rich flours in their offerings, ultimately rising the industry demand for different pulse flours. The bean segment is expected to account for the biggest share in 2017.

Beans have health benefits, from preventing diabetes to reducing blood cholesterol levels and helping prevent heart diseases. ADM affords a range of VegeFull cooked whole-bean ingredients, which can be added to many health-conscious formulations, affording nutrition, texture, and bulk; these beans are gently dehydrated, milled, and pre-cooked.

"Asia-Pac is intended to be the quickest-increasing area in the pulse flours market"

The Asia Pacific area is forecasted to be the quickest developing market for pulse flours. The region's improved agricultural increase over the last decade, succeeded by advancements in the food processing and food service industry, has opened new avenues for pulse flours. The growing middle-class population of the area, with high disposable income, demands healthy & nutritious food products with new & improved organoleptic properties, thereby growing the need for pulse flours.

Distribution of primaries:

• By Company category: Tier 1 - 55 %, Tier 2 - 45.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite - 40.0 percent, D-level - 55.0 percent, and Others - 5.0 percent

• By Area: North America continent - 40.0 percent, Europe (EU) - 25.0 percent, Asia Pacific (APAC) - 30.0 percent, and rest of the world - 5.0 percent

The pulse flours market is leaded by, is monopolized by top players including Ingredion ADM, SunOpta, Diefenbaker Spice & Pulse, Blue Ribbon, and Bean Growers Australia.

Segment Research

The industry report examines the pulse flours market across various industry verticals and localities. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including type, application, and area. Moreover, the study also comprises a detailed competitive analysis of the top players in the industry together with their company descriptions, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global pulse flours market and submarkets. This industry report will facilitate partners to better find out the competitive landscape and obtain additional insights to better option their businesses and make suitable go-to-market approaches. The market research also benefits the partners to comprehend the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

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