The global demand for Pulse Products Market is presumed to reach the market size of nearly USD 310.84 MN by 2028 from USD 216.54 MN in 2021 with a CAGR of 5.3% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Units in 2021 and forecast to touch XX Units by 2028 with a CAGR of XX% during 2022-2028.
Pulse products are made from dried peas, beans, and lentils and are a high-protein, low-fat alternative to meat. These products come in many forms, including powders, granules, and tablets and can be used to make healthy snacks and are also popular among athletes and those trying to lose weight. Pulse products are also a good source of fibre and antioxidants. These can also be used in various recipes, including soups, stews, casseroles, and desserts. Pulse products have become popular among those with dietary restrictions or allergies because they are low in carbs and calories.
Market Dynamics
The growth in the pulse products market is due to increasing demand for healthy and nutritious food, the growing popularity of plant-based diets, and the rising health consciousness among consumers. Moreover, the increasing use of pulse products for making bakery, snacks, pet food, etc., is expected to boost the global pulse products market during the forecast period. The consumption of pulse products provides various health benefits, such as increased immunity, promoted body growth, and reduced chances of disease development. As a result, these products are becoming increasingly popular among health-conscious consumers. Furthermore, the rising prevalence of deficiency diseases globally and new product launches will aid in expanding the pulse products market during the forecast period. In addition, the increasing prevalence of protein deficiency diseases such as Kwashiorkor will create lucrative growth opportunities for leading pulse product manufacturers during the forecast period.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pulse products. The growth and trends of Pulse Products Industry provide a holistic approach to this study.
Market Segmentation
This section of the pulse products market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Chick Peas
- Kaspa Peas
- Lentils
- Pigeon Peas
- Fava Beans
- Black Gram
- Beans
- Dry Peas
- Mung Beans
- Other
By Type
- Pulse Fiber
- Pulse Grits
- Pulse Starches
- Pulse Protein
- Pulse Flour
By Application
- Bakery
- Beverages
- Extruded Snacks
- Pet Food
- Others
By End User
- Home Use
- Snack Food Industry
- Flour Industry
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Pulse Products market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Pulse Products Market Share by Region (Representative Graph)
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 pulse products market include ADM, AGT Food and Ingredients, Ingredion Incorporated., Buhler AG, Diefenbaker Spice & Pulse, GPA Capital Food Pvt Ltd, USA Pulses, Puris, Vestkorn, Batory Foods, The Scoular Company, Groupe Emsland, Roquette Frères, Popular Pulse Products Pvt. Ltd., Esteem Bio Organic Food Processing Limited, Beacon Foods Limited, Cargill, Incorporated., Parmanand & Sons Food Products Private Limited, CKP Products Limited., Avena Foods Limited., Purisfoods. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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