Global Pulse Flour Market 2017-2021
About Pulse Flour
Pulse flour is flour made of pulses such as peas, lentils, chickpeas, and beans. It is high in fibers and has a high-protein content. Hence, it is widely used by food and beverage manufacturers. The demand for pulse flour is increasing due to its numerous benefits. Pulses are low in fat, and contain fiber and protein. The global pulse flour market is growing rapidly due to various reasons such as increasing demand for gluten-free products among consumers, rising demand by food and beverage manufacturers, and government initiative to encourage the pulse flour industry. Consumers have become more health conscious and look for food products that are made of healthy ingredients.
Technavio’s analysts forecast the global pulse flour market to grow at a CAGR of 14.89% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global pulse flour market for 2017-2021. To calculate the market size, the report considers the consumption of pulse flours which are used in various applications, such as bakery products, snacks, beverages, and other applications and are sold to individual customers, foodservice customers, and industrial customers across the world.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Pulse Flour Market 2017-2021
Technavio recognizes the following companies as the key players in the global pulse flour market: AGT Food and Ingredients, Best Cooking Pulses, Harvest Innovations, and Ingredion
Other Prominent Vendors in the market are: CerealVeneta, Diefenbaker Spice & Pulse, GEMEF INDUSTRIES, Rotel İç ve Dış Ticaret A.Ş., and The TradeLink International Group.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rise in demand for clean-taste flour. The demand for clean-taste pulse flour helps food manufacturers to meet nutritional and clean label trends in high-moisture applications, which include dairy, yogurt, pudding, cheese, beverages, nutritional mixes, and smoothies, while boosting the protein levels and also allowing the use of vegetable-based proteins instead of animal-based proteins in these applications.”
According to the report, one of the major drivers for this market is Growing demand for gluten-free products among consumers. Gluten is a protein present in several types of grains. It might cause celiac diseases, and it has been revealed that this is left undiagnosed in most people. The increased occurrence of celiac disease has made consumers more conscious about their diet. Owing to the awareness of the health effects of gluten present in food products, consumers are increasingly looking for gluten-free food products.
Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in the availability of raw materials. The raw materials used in the manufacture of pulse flour are pulses such as lentils, chickpeas, and peas. The global pulse flour market is highly dependent on the availability of these pulses. Any fluctuation in the availability of pulses will affect the global pulse flour market. Bad weather conditions and natural calamities might affect the production of pulses. Changes in the weather can negatively affect the volume and quality of pulse production.
AGT Food and Ingredients, Best Cooking Pulses, Harvest Innovations, Ingredion, CerealVeneta, Diefenbaker Spice & Pulse, GEMEF INDUSTRIES, Rotel İç ve Dış Ticaret A.Ş., and The TradeLink International Group.
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