(PharmaNewsWire.Com, January 06, 2018 ) The global pulse flour market is estimated to grow to USD XX Billion by 2024 from USD XX Billion in 2017, growing at a CAGR X% from 2018 to 2024. Pulse flours are powdered material, which is prepared by grinding chickpea, bean, lentil, pea, and others. These flours are used in the preparation of food, beverages, and functional industries. Pulses are primarily a very low-fat source, having the low glycemic index and high fiber content. These pulse flours have rich content of vitamins, proteins, minerals, carbohydrates and contain excessive amount of nutritious fiber. In terms of health precautions, pulse flour maintains the blood sugar levels and proper digestion. Increased preference for green-label has raised the demand for the global pulse flour market.
Bakery products are dominating the global pulse flour market
Based on the application, pulse flour market is divided into the bakery, beverages products, meat products, savory snacks and others. Among all these applications, bakery products are dominating in the global market. Common pulses, when combined with bread, are acquiring more consumer awareness because of the new taste, as it improves nutrient value and expected to drive the consumption over the forecast period. Bakery & Snacks segment reckoned for a share of over 93% in the global market in 2017.
Chickpea holds the major global pulse flour market share by the application.
Pulse flours are divided based on type, which includes chickpea, bean, pea, lentil and others. Chickpea holds the major market share followed by lentil as it offers several health benefits such as maintenance of blood glucose level, weight regulation, and improved digestion. High nutritional content and easy accessibility of lentils are anticipated to have high demand. Lentil occupied a share of over 16%, in terms of income in 2017.
The Asia Pacific is expected to hold the largest market in the global pulse flour
The global pulse flour market is sectioned into Europe, North America, Asia Pacific and rest of the world. The Asia Pacific is pertaining the global pulse flours market followed by North America. India accounted for a higher consumption of pulse flours owing to enhance the awareness about the advantages of consuming pulse flours products. Additionally, increasing demand for green label and organic foods products in North American countries like Canada and the U.S are probably encouraging the growth of pulse flour market during the estimation period.
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