Canada Pulses Market to Grow at 3.99% During 2024-2032, Impelled by Growing Consciousness Among Masses

November 11, 2021 | Food & Beverages

According to the latest report by IMARC Group, titled "Canada Pulses Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," the Canada pulses market is expected to grow at a CAGR of 3.99% during 2024-2032. Pulses are a kind of leguminous crops that are rich sources of fiber, proteins, vitamins and amino acids. They are one of the most commonly consumed foods on the global level that are widely available in varied shapes, sizes, colors and forms. Their consumption is associated with reducing weight, controlling blood sugar levels and maintaining cholesterol levels in the human body. They are low in fats, due to which they are gaining widespread preference among the masses. As per the United Nations Food and Agriculture Organization (FAO), eleven types of pulses are grown worldwide. Among these, four main kinds of pulses, namely dry peas, lentils, beans and chickpeas, are widely available across Canada, which is facilitated by favorable soil and appropriate weather conditions in the country.

Canada Pulses Market Trends:

The market in Canada is majorly driven by the strong export scenario for pulses. Due to the rising demand for pulses from numerous countries, especially India and China, a majority of the pulse production in Canada is exported to these international markets. Moreover, the increasing demand for plant-based proteins from health-conscious individuals has led to significant growth in the domestic pulses market. This is supported by the growing awareness regarding the numerous health benefits offered by these food products, along with the shifting dietary preferences of the masses. Furthermore, the increasing adoption of vegan and gluten-free food products in the country and the easy product availability through online and offline organized retail channels are also acting as major growth-inducing factors. The market is also driven by the widespread deployment of the latest farm management technologies across the country. The Government of Canada, under the Innovation Superclusters Initiative, has also heavily invested to create numerous growth opportunities and support innovation in the industry. Some of the other factors contributing to the market growth include the rising popularity of international cuisines in Canada and the growing product demand for the preparation of multiple ready-to-eat (RTE) food products. 

Market Summary:

  • On the basis of the type, the market has been divided into lentils, dry beans, dry peas, chickpeas and others. Among these, dry peas account for the majority of the total market share.
  • Based on the end use, the market has been categorized into retail store, snack food industry, flour industry and others.
  • On the basis of domestic consumption and exports, Canada is a net exporter of pulses, with the majority of its total production being exported across the globe.
  • On the geographical front, the market has been segregated into Saskatchewan, Alberta, Manitoba, Ontario and Others.
  • The competitive landscape of the market has been examined in the report with the detailed profiles of the key players operating in the market.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons, US$ Million
Segment Coverage Type, Domestic Consumption and Exports, End-Use, Region
Region Covered  Saskatchewan, Alberta, Manitoba, Ontario, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699 
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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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.

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Canada Pulses Market to Grow at 3.99% During 2024-2032, Impelled by Growing Consciousness Among Masses
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