Pulse Flour Market size is estimated to be $16.67 billion in 2020, growing at a CAGR of 11.3% during the forecast period 2021-2026. Pulse flour are made from pulses which are the edible seeds of legumes such as canned or dry beans, chickpeas, lentils, lupin, bean and multiple varieties of peas. Moreover, pulse flours contain much greater amount of protein and fiber than brown rice flour, a key ingredient in most gluten-free baked goods. Also, pulse flour has a higher level of micronutrients including folate and iron making them a natural choice for the consumers who wants to optimize their nutrients on a gluten-free diet. Growing vegan population and the increasing awareness among consumers regarding health benefits associated with its consumption is a vital factor contributing to its market growth. Besides this, the wide application of pulse flour in bakery & snacks, dairy products, meat products, beverages and others are also another factor contributing to its market growth. Furthermore, the increasing health benefits associated with its regular consumption such as reducing the risk of heart disease, diabetes and certain types of cancer is a significant factor for its consumption among the people which in turn is fueling its market growth in the upcoming years.Key Takeaways
Pea segment held the largest market share in the year 2020 owing to its various health benefits as it is high in fiber, protein, antioxidants and low in fat.
Bakery & Snacks segment held the largest market share in the year 2020 owing to the wide usage of pulse Flour in bakery and snacks.
APAC contributed to the largest market share of 40% in 2020 owing to the large-scale production of pulses in that region.
Increasing health benefits associated with pulse flour consumption is a significant factor driving the Pulse Flour Market during the forecast period 2021-2026.
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Pulse Flour Market Drivers
Increasing Health Benefits Associated with Pulse Flour Consumption
Increasing health benefits associated with pulse flour consumption is a significant factor driving the Pulse Flour Market during the forecast period 2021-2026.
Increasing Use of Pulse Flour in Meat Products
Increasing use of Pulse Flour in meat products is a major driving the Pulse Flour Market during the forecast period 2021-2026. Moreover, pulse flour is an innovative ingredient that is added as binders to commuted meat products to bind water, reducing cooking loses, increasing cooking yield and contributing to mouthfeel and other sensory attributes.
Pulse Flour Market top 10 are Ingredion Incorporated, Archer Daniels Midland Company, Blue Ribbon, The Scoular Company, Anchor Ingredients, Great Western Grains, Best Cooking Pulses, Bean Growers Australia, Diefenbaker Spice & Pulse, EHL Limited.
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