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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Pulses Market Trends
Increasing awareness of the health benefits associated with pulse consumption, such as high protein content, fibre, and essential nutrients, is a significant driver of the market. Pulses are recognised as a valuable component in balanced and healthy diets. Pulses serve as a cost-effective protein and mineral source for a large proportion of rural populations globally.
Furthermore, as the global population is expected to reach 9.8 billion by 2050, experts anticipate a scarcity of meat and a subsequent surge in demand for plant-based proteins, particularly pulses. Pulses play a versatile role in various global cuisines, offering opportunities for innovative and diverse product development. Their incorporation of traditional dishes and exploration of new recipes contribute to the pulses market growth.
Pulses Market Report Snapshots
Pulses Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market volume was nearly 101.64 MMT.
The market is assessed to grow at a CAGR of 1.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around 118.96 MMT by 2032.
The associated health benefits offered by pulses, rising awareness about the nutritious content of pulses, and growing demand for healthy foods are driving the market.
The key trends include growing trend of veganism across the global population, and rising demand for organic pulses.
The different types of pulses include chick peas, kaspa peas, lentils, pigeon peas, fava beans, cow peas, beans, black gram, and mung beans, among others.
The major end uses of pulses include households, food services (HoReCa), and feed.
The major players in the market include Adani Wilmar Limited, Archer Daniels Midland Company, BroadGrain Commodities Inc., Louis Dreyfus Company B.V., Ardent Mills, LLC, Arbel A. S., and La Milanaise, among others.
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