India Pulses Market Size, Share, Growth, Report 2024-2032

India Pulses Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 5.7% (2024-2032)
Market Size in 2023: 34.4 Million Tons
Market Size in 2032: 57.3 Million Tons

The India pulses market is expanding due to rising demand for protein-rich diets, improved farming techniques, and government support initiatives. According to the latest report by IMARC Group, the market size reached 34.4 Million Tons in ​2023​. Looking forward, IMARC Group expects the market to reach 57.3 Million Tons by ​2032​, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032.

India Pulses Market Trends and Drivers:

The Indian pulses market is shifting due to rising health awareness. More people are eating pulses for their high protein, fiber, and vitamins. This trend is strong in cities, where obesity and diabetes are common. Pulses are seen as key to a healthy diet. There's also a growing demand for organic and sustainably sourced pulses. People are more interested in where their food comes from and how it's grown.

This focus on health and nutrition will likely keep boosting the market. The Indian government launched programs to boost pulse production and food security. Programs like PMFBY and NFSM aid pulse farmers. They improve farmers' lives and promote pulse farming, which is vital for soil health. Also, the government is researching better pulse varieties.

They aim to boost yield and pest resistance. This support should make the pulses market more sustainable. As these initiatives progress, they will likely boost production and market access. This should raise demand. India has been a top producer and exporter of pulses.

This trend will continue, driven by the rising global demand for plant-based proteins. Pulses are vital for food security and sustainable farming. In 2024, India's pulse exports are set to soar. The country offers a variety of pulses, like lentils, chickpeas, and pigeon peas. These meet diverse global market needs.

Moreover, trade deals are easing access to foreign markets. As consumers shift towards plant-based proteins, India is ready to meet this demand. This boost in exports will support economic growth. India's pulses market is changing due to consumer preferences and economic factors.

By 2024, there's a clear shift towards convenient, ready-to-cook pulse products. This is driven by busy lifestyles and the need for quick meals. Packaged pulses and instant mixes are becoming popular, especially among urban consumers. They offer easy cooking without sacrificing nutrition.

There's also a rise in demand for pulse-based snacks and protein-rich flours. This is due to consumers seeking healthier and more adventurous food options. Vegetarianism and veganism are growing due to ethical and environmental concerns. This trend is boosting pulse consumption.

Pulses are seen as sustainable protein sources. Moreover, technology and e-commerce are making a wider variety of pulses more accessible.accessible.organic ones. In summary, the Indian pulses market is evolving rapidly. Its future looks bright, driven by trends in health, convenience, and sustainability.

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India Pulses Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

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

Breakup by End-Use:

• Retail Store
• Snack Food Industry
• Flour Industry
• Others

Breakup by Region:

• North India
• East India
• West and Central India
• South India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=1242&flag=C

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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This release was published on openPR.