Pulse Flour Market Outlook Trace McSorley Ravens Jersey , Specifications and Manufacturing Cost Forecast by 2024 by amishra0234 · November 26, 2018
Industry Insights
Pulse flour contains low-fat source Iman Marshall Ravens Jersey , low glycemic index, and high fiber content owing to which this product exhibits many advantages over wheat flour and rice. The presence of rare elements such as potassium, selenium and sodium & nutrients is responsible for growing demand in end-use applications.
The growing incidences of diabetes and obesity have increased the importance of naturally sourced ingredients such as pulse flour as they increase the nutritive value of food. The demand for pulse flour has been on the rise owing to growing demand for gluten free foods. Gluten free foods aid in minimizing the risk of excess weight and increase energy levels. The changing lifestyles coupled with a rise in on the go eating is expected to boost the usage of pulse flour in the manufacturing of gluten-free foods.
In 2015, Europe dominated the pulse flour market globally by accounting over 25% of share in terms of revenue. North America and Asia Pacific are key consumers of beverages. Rising consumption for sports and energy drinks are expected to witness a growth over the forecast period.
The Middle East & Africa is the fastest growing region on account of growing application of pulse flour in curries, soups, tajines, and hummus. Growing food services and retail sales coupled with high population growth in the region is likely to have a positive impact over the forecast period. The growing hospitality industry is in countries such as Morocco Justice Hill Ravens Jersey , UAE, Israel, and Egypt is expected to further augment market demand over the forecast period.
Competitive Insights
The key players in the market are Harvest Innovations, Parakh Agro Industries Ltd., CanMar Grain Products Miles Boykin Ravens Jersey , ADM, Ingredion Incorporated, Best Cooking Pulses Inc., Ganesh Grains Ltd, Diefenbaker Seed Processers Jaylon Ferguson Ravens Jersey , and AGT Food & Ingredients.
Industry participants are adopting merger & acquisition and new product development strategies to strengthen their market position. In October 2014, Archer Daniels Midland Company acquired WILD Flavors GmbH in October 2014.