San Francisco, 18 December 2024: The Report Pulse Flour Market Size, Share & Trends Analysis Report By Product (Pea, Lentil, Chickpea), By Application (Bakery & Snacks, Dairy, Beverages), By Region, And Segment Forecasts, 2030 - 2030
The global pulse flour market size is estimated to reach USD 71.93 billion by 2030, registering a CAGR of 6.2% from 2030 to 2030, according to a new report by Grand View Research, Inc. Rising consumer awareness regarding health and nutrition is anticipated to boost the product demand in the forecast period. Rapidly expanding global gluten-free food and health food markets along with growth opportunities for low Glycemic Index (GI) foods and other niche and specialty pulse products and industries are also contributing to the product demand.
Pulses including peas, chickpeas, lentils, and beans are a rich source of protein and fiber. These are being increasingly used in the form of flour in bakery products, snacks, and dairy food items on account of high nutritional content as compared to other flour types. Pulse flour is also highly used as a functional food ingredient. Pulse flour in bakery foods and snacks improves the amino acid profile of products. In addition, taste of pulses, when combined with bakery products, enhances the flavors and nutritional content.
All these factors are boosting the product demand, thereby augmenting market growth. North America was the largest regional market in 2024 and accounted for a volume share of 28.0% as it is one of the largest producers and exporters of pulses. Support from associations, such as Pulse Canada and USA Pea and Lentil Association, is expected to drive the regional market further over the forecast period.
Unique characteristics such as significant fiber content, lower fat content, gluten free formulation, higher protein content, presence of micronutrients, etc. primarily drive the increasing utilization of pulse flour. Furthermore, the growing use of pulse flours in bakery and confectionery recipes, increasing inclusion in household use, and ease of availability through offline retail are projected to drive demand for this market.
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Unique characteristics such as significant fiber content, lower fat content, gluten free formulation, higher protein content, presence of micronutrients, etc. primarily drive the increasing utilization of pulse flour. Furthermore, the growing use of pulse flours in bakery and confectionery recipes, increasing inclusion in household use, and ease of availability through offline retail are projected to drive demand for this market.
Pulse Flour Market Report Highlights
• In terms of revenue, pea flour segment is projected to expand at the highest CAGR of 7.3% over the forecast period • Based on application, the bakery and snacks segmnet dominated the global pulse flour industry in 2024, owing to high product demand in these applications • Easy availability and high production of chickpea in Asia Pacific is expected to augment the demand for pulse flour. However, high prices of chickpeas are expected to hinder the overall growth of the market • Companies have undertaken strategic initiatives, such as product portfolio expansion, M&A, and product innovation to gain the maximum market share.
Growing inclusion of pulse flour in bakery and confectionary businesses, increasing utilization by urban households, expanding availability and accessibility backed by organized retail stores and quick commerce platforms, and rising awareness regarding the role that pulse flour might play in enhancing individual health and fitness have generated an upsurge in demand for this market in recent years.
The entry of various consumer goods industry participants in the pulse flour retail business also contributes to the growth opportunities. Lifestyle changes, increasing mindfulness about food ingredients and their contents, and consumers' rising focus on embracing healthy dietary patterns also play vital roles in the growing demand for pulse flour. In addition, trends such as veganism and plant-based diets are leading to a significant increase in the utilization of pulse flours.
Pulse Flour Market Report Scope
Report Attribute Details Market size value in 2030 USD 53.28 billion Revenue forecast in 2030 USD 71.93 billion Growth rate CAGR of 6.2% from 2030 to 2030 Base year for estimation 2024 Historical data 2018 - 2023 Forecast period 2030 - 2030
Increasing demand for plant-based proteins also has a noteworthy influence on this market. Recognition of the nutritional and environmental benefits associated with pulse flours, growing utilization in the manufacturing of various consumer goods and processed food products, and rising inclination among food and beverage industry participants to include pulse flours in formulation are projected to develop growth trends for this market in approaching years.
For instance, in October 2024, Nestlé, one of the prominent companies in the food and beverages industry, launched culinary innovations emphasizing protein, such as Maggi Nutri-licious Chatpata Besan Noodles in the Indian market. The product contains 34.3% Bengal gram flour. Such innovations are expected to enhance demand for pulse flours from commercial applications.
The global Keto Flour Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the keto flour market include Bajo Foods Private Limited, Ardent Mills, Texas Star Nut & Food Co., Nature's Eats., Blue Diamond Growers, King Arthur Baking Company, Inc., Betterbody Foods Inc.
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Keto flour contains high fiber and protein and extremely low carbohydrates.
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The major players in the silica flour market include Opta Mineral, Premier Silica, Adwan Chemical Industries, FINETON Industrial Minerals, Dupré Minerals, Silica Hill, Surya Shakti Exports, Euroquarz, SCR-Sibelco,Agsco, Delmon Group, Sil Industrial Minerals, Filcom, Sibelco Benelux, SEPICO, Hoben International, Terengganu Silic, International Silica Industries, and 3M.
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Silica flour is preferred as a good refractory material, and the growing tire industry has increased the consumption of silica flour as a reinforcing filler which leads to high market demand.
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Moreover, the rise in construction and infrastructural activities, growth in the cosmetic industry to drive demand for silica flour is likely to create lucrative growth opportunities for key players of the silica flour market in the coming years.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
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