Pulse flours’ rising demand has resulted in a growth in research on its nutritional benefits, use and available varieties. Future Market Insights (FMI) put together a study, “Pulse Flour Market: Global Industry Analysis 2012-2016 & Opportunity Assessment 2017 – 2026,” of its global market, which is estimated to reach about $28.8 million in revenue by the end of 2026. The study also expects pulse flour to increase at a CAGR of 10.7% between 2017 and 2026.
Leading the way in the list of pulse flours is chickpea. The FMI predicts that it will emerge as the top-selling pulse flour and bring in an estimated $10.3 billion in revenue. Chickpea flour is high in protein and carbohydrates and is used in a variety of dishes, especially in India.
Pulse flour will find its largest application in bakery and confectionery foods. The category is expected to reach approximately $11.4 billion in revenue by the end of 2026, driven by consumer demand for gluten-free products and bakeries targeting health-oriented consumers with pulse flour’s nutritional content.
Pulse flour distribution is set to lead with food chain services. And, according to the study, Asia Pacific excluding Japan will remain dominant in the market, bringing in about $14.2 billion in revenue. North American and Europe also will experience a rise in demand.
The FMI’s list of major players in the global market for pulse flours include: CanMar Grain Products, Parakh Agro Industries Ltd, Bean Growers Australia, Best Cooking Pulses, Great Western Grain, Blue Ribbon, Diefenbaker Spice & Pulse, Batory Foods, EHL Limited, Anchor Ingredients, SunOpta, The Scoular Company, ADM, and Ingredion.
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