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Pulses come in different type of
colours, sizes and shapes and can be consumed in many forms like whole or
split, ground into flours, or separated into fractions such as fiber, protein
and starch. Pulses are widely used in processed foods such as bakery
products, pasta, bread, soups, cereal bar filling and snack foods. During
2018-2022, the global pulses market grew at a CAGR of around 5%. In the
forecast period of 2023-2028, the market is projected to witness moderate
growth.
This report by Expert Market
Research entitled “Global Pulses Market Report and Forecast 2023-2028” provides
a comprehensive analysis for anyone who plans to foray into the pulses market.
Historical industry trends for the global pulses market have been provided from
2018-2022 and forecasts have been presented till 2028.
The value chain analysis of the
pulses industry has also been covered in this report encompassing all the
activities in the value chain such as input suppliers, producers, collectors,
processors/exporters, wholesalers, and retailers. Furthermore, the study
assesses the pulses market based on Porter’s five forces model, which evaluates
the level of competition in the market by analyzing factors such as the bargaining
power of buyers and suppliers, threat from substitutes and new entrants. A
thorough evaluation of the competitive landscape of the pulses industry has
also been provided.
This report provides an
exhaustive insight into setting up and running a pulses processing plant.
Factors such as land requirement, construction requirement, raw material
requirement, labor requirement, machinery requirement, processing, utility
requirement, total capital investment, total operating costs, prices, income
projections, expenditure projections, profit margins, net present value, return
on investment, payback period, etc. have been comprehensively covered in this
report.
Market Analysis
Pulses, like whole pulses, broken pulses, pulse flora and pulse fractions, like protein, starch as well as fiber can be separated into different formations. In industries including meat and snack food, bakers and drinks and battery and bread meals and fractions are used in different ways. The manufacturing of ready-to-eat (RTE) food products is now progressively using pulses. Thanks to rapid urbanization, shifting lifestyles and hectic working hours, the working population has become familiar with healthy foods. The difference between the demand for and supply of pulses is increasing with the global population increase. The governments of pulse-producing countries are helping farmers to reduce this gap and are also boosting pulses market growth. As pulse is linked to numerous medical benefits, health-conscious consumers increasingly include pulse dishes in their daily diets, which in turn stimulate the growth of the global pulses market.
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