Pulses Market Size, Share, Industry Overview, Latest Insights and Forecast 2024-2032

IMARC Group, a leading market research company, has recently releases report titled "Pulses Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", The study provides a detailed analysis of the industry, including the global pulses market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the pulses market?

The global pulses market size reached US$ 96.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 134.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/prefeasibility-report-on-a-pulse-processing-plant/requestsample

Factors Affecting the Growth of the Pulses Industry:

• Increasing Health Consciousness:

The growth of the pulses market is significantly influenced by the rising health consciousness among consumers globally. Pulses, such as lentils, beans, peas, and chickpeas, are recognized for their high protein content, dietary fibers, vitamins, and minerals. As consumers become more aware of the health benefits associated with a plant-based diet, there's a notable shift towards incorporating more pulses into daily meals. This dietary shift is driven by the desire to reduce meat consumption, manage weight, and lower the risk of chronic diseases such as diabetes, heart disease, and hypertension. The increasing prevalence of health and wellness trends encourages individuals to choose pulses as a nutritious and sustainable protein source, thereby driving the market's growth.

• Global Shift Towards Sustainable Agriculture:

Sustainability concerns are increasingly becoming a pivotal factor affecting the growth of the pulses market. Pulses play a crucial role in sustainable agriculture due to their ability to fix nitrogen in the soil, reducing the need for synthetic fertilizers, and thus minimizing the environmental footprint of farming. This characteristic of pulses enhances soil health and fertility, leading to more sustainable crop rotations and farming practices. Moreover, pulses require less water than many other crops, making them an ideal choice in regions prone to drought and water scarcity. The global emphasis on sustainable food production and the reduction of carbon footprints has encouraged both farmers and consumers to favor pulses, supporting market expansion.

• Global Population Growth and Food Security:

The global population's continuous growth exerts pressure on food systems to produce sufficient and nutritious food to meet the increasing demand. Pulses are emerging as a key component in addressing food security challenges due to their nutritional value, cost-effectiveness, and adaptability to various climatic conditions. They offer a viable solution for enhancing food security in undernourished populations, especially in developing countries where dietary deficiencies are prevalent. Pulses' high protein and essential nutrient content make them an important substitute for more expensive animal proteins, thus playing a crucial role in dietary diversification and the fight against malnutrition. The need to feed a growing global population sustainably and healthily is driving the expansion of the pulses market.

Key Market Segmentation:

The report has segmented the pulses market on the basis of type, end-use and region.

Breakup by Type:

• Chick Peas
• Kaspa Peas
• Lentils
• Pigeon Peas
• Fava Beans
• Black Gram
• Mung Beans
• Others

Breakup by End-Use:

• Home Use
• Snack Food Industry
• Flour Industry
• Others

Breakup By Region:

• India
• Canada
• Myanmar
• China
• Brazil
• Others

Pulses Market Trends:

The increasing awareness of health benefits associated with pulses, including high protein content and essential nutrients, is propelling their demand among health-conscious consumers. Additionally, pulses are recognized for their role in sustainable agriculture as they have a lower carbon footprint compared to other crops and improve soil health by fixing nitrogen, making them an environmentally friendly choice. The rising popularity of plant-based diets also significantly contributes to the growing demand for pulses. Furthermore, their affordability compared to animal protein sources makes pulses a preferred option in various dietary patterns globally.

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐁𝐫𝐨𝐰𝐬𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞: https://www.imarcgroup.com/request?type=report&id=654&flag=C

Who are the key players operating in the industry?

The report covers the major market players including:

• Adani Wilmar Limited.
• Globeways Canada, Inc.
• BroadGrain Commodities Inc.
• NHC Adani Foods Limited
• AGT Food and Ingredients
• Louis Dreyfus
• Goya Food Inc.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝗦:

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