Pulse Protein Market Size, Share - Industry Trend and Forecast 2017 - 2025

The report analyzes and presents an overview of "Pulse Protein Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Pulse Protein" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Pulse Protein Market: Introduction

Pulses are the sub-group of the legume family and have been consumed for thousands of years. Pulses have high content of protein, carbohydrates, vitamins, and minerals and have a low content of fat and are also a have lower prices than most of the protein alternatives which makes them highly important in developing and underdeveloped countries, as they play an important role in consummating the requirement of nutrition of exponentially increasing population. Furthermore, there is an increasing trend among people in using alternative protein sources which are of lower cost and more healthier when compared conventional protein source i.e. animal and dairy. Pulses meet all these requirements as they have high protein and nutritional content, abundance availability and relatively low production cost than its alternatives which has resulted in an increased traction of pulse protein in the market globally. Furthermore, on the backdrop of a continuous increase in demand for the ingredient from food & beverages industry, existing ingredient producers included pulse protein in their product portfolio and stimulated the global pulse protein market. Moreover, to cater the business opportunities in plant based protein market due to the growing appetite for protein around the world has influenced even the meat processor giants such as Tyson Foods Inc which a U.S. based company to invest into U.S. based Beyond Meat, Inc which produces plant-protein based food products.

Pulse Protein Market Segmentation

Global Pulse Protein market can be segmented on the basis source, end use application, distribution channel, and region. On the basis of source, pulse protein market is segmented into beans, peas, lentils, and others. On the basis of end use application pulse protein market is segmented into bakery, energy bars/supplements, snacks, breakfast cereals, noodles/pasta, dairy products, and others. On the basis of the distribution channel, Pulse Protein market is segmented into direct and indirect sales. Indirect sales can be sub-segmented into modern trade, specialty stores, online retail, and convenience stores. Under indirect sales segment, online retail sub-segment is anticipated to increase with highest CAGR owing to increasing preference among millennials to shop from e-commerce coupled with increasing penetration high-speed internet globally

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Pulse Protein Market: Regional Outlook

On the basis of geography, the Pulse Protein market is segmented into North America, Latin America, Europe, Asia-Pacific, and MEA. Globally, among all regions, Europe is expected to be the largest market for the Pulse Protein, followed by North America over the forecast period owing to the relatively high consumption products rich in protein content as there is increasing trend of product launches marked high protein labels. However, Asia Pacific is anticipated to witness rapid growth over the forecast period owing to the lower prices of Pulse Protein based products than its alternatives protein sources, rising population and growing consumer preferences for the food products rich in nutritional content in countries such as China and India.

Pulse Protein Market: Dynamics

There is an increasing demand for protein rich food products globally, which has translated into rising number of mainstream product launches marked with high protein label. Furthermore, there is an increase in demand for plant based protein as it is healthier and affordable which is anticipated to drive the growth of global pulse protein market over the forecast period. Moreover, growing demand for clean label food products in developed market is expected to boost the growth of pulse protein market as pulse protein is free from allergens such as gluten, chemical additive, and are sourced sustainably. However, lower penetration of pulse protein market in developing economies and lower consumer awareness are the factors expected to restrain the growth of pulse protein market over the forecast period.

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Pulse Protein Market Key Player:

Some of the major players operating in Pulse Protein market includes Ingredion Incorporated, Kerry Inc, Axiom Foods, Inc, Cargill, Incorporated, Bob’s Red Mill Natural Foods, NOW Health Group, Inc., Farbest Brands, MORRE-TEC Industries, Inc., and other regional players.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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