Fractionated Pulses Market to Top Valuation of US$ 14.1 Billion By 2033
The global fractionated pulses market is estimated at US$ 8.0 billion in 2023 and is expected to expand at a CAGR of 5.8% during the forecast years of 2023-2033.
The constantly evolving food sector offers consumers a wide and diverse range of pulses products. The consumers’ potential for embracing new flavors and techniques in the food sector is advantageous for the growth of fractionated pulses market across the globe. Additionally, the rising use of fractionated pulses as an ingredient in baking products has ramped up the global sales of target products to create healthy and delicious home-baked products with ease. The fractionated pulses market is expected to grow in the coming years, due to increasing demand for healthy and plant-based food products. As consumers become more health-conscious and concerned about the environmental impact of their food choices, there is a growing interest in plant-based protein sources, such as pulses.
With the versatility of fractionated pulses, there is a great deal of innovation in the development of new food products that utilize these ingredients. This innovation is driven by a desire to create healthier, more sustainable, and more appealing food products that meet consumer demand. These factors are likely to drive the growth of the fractionated pulse market in the coming years, as consumers and the food industry increasingly recognize the benefits of these ingredients.
“Consumers’ Demand for Pulses with Improved Nutritional Value to Escalate the Sales of Fractionated Pulses During the Forecast Period” says a Fact.MR analyst.
Market Development
Consumers are increasingly seeking out food products that offer enhanced nutritional value, and fractionated pulses are an excellent source of protein, fiber, vitamins, and minerals. By incorporating these ingredients into their products, food manufacturers can create products that meet consumer demand for healthier and more nutritious food options. Inspired by the baking trends and baking blogs on various social media platforms, food companies are incorporating strategies to keep up with the growing consumer trends in order to establish a strong brand as an industry leader.
These insights are based on a report on Fractionated Pulses Market by Fact.MR.
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