Market Size of Pulse Flour Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.97 % |
| Fastest Growing Market | South America |
| Largest Market | North America |
| Market Concentration | Low |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
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Pulse Flour Market Analysis
The global pulse flour market is projected to record a CAGR of 7.97% over the next five years.
Pulse flour, a gluten-free functional ingredient, is being driven by its increasing demand in various food and animal feed industries. The high demand for pulse flour is majorly due to its higher nutritional properties as compared to other grain flour. Government initiatives for pulse harvesting are also resulting in increased growth and volume of pulses, further driving the market. The growth of the pulse flour market is witnessing a huge boost with the rising number of new pulse flour-based products that have been launched in North America and Europe over the past few years. For instance, in 2021, Limagrain Ingredient introduced Uniflour 35501, a new heat-treated pea flour, to meet the needs of calves and piglets for milk replacers.
Improvements in the food processing and food service sectors, along with improvements in the world's agricultural growth over the past ten years, have created new opportunities for pulse flours and have supported market expansion over the years. The desire for clean-label food products in the market is causing it to flourish even more. The Pulse Flour Market is anticipated to continue expanding significantly due to rising consumer expenditure on health-improving products, rising crop yield, globalization, changing lifestyles, and rising personal disposable income.
