India pulses market reached a volume of 24.2 Million Tons in 2018. A significant share of the Indian population are vegetarians and pulses represent the main source of proteins in their diets. Besides proteins, pulses are also a good source of carbohydrates, vitamins, minerals, fatty acids, dietary fibres, etc. Moreover, India’s large consumer base also represents a major driver for the pulses market. From a population of 1.3 Billion in 2018, the Indian population is expected to exceed 1.5 Billion by 2030. This is expected to create a huge demand for food during the period, driving the consumption of pulses in the country. Additionally, apart from being the staple food for people, pulses have found applications in the food processing industry. Pulses flour is considered to be healthier as compared to wheat flour and has been replacing the latter in making snacks and confectionary items to produce healthier food options for health-conscious consumers. Similarly, pulses are also being increasingly used in the ready to eat and snack food industry. As a result of increasing urbanisation and busy lifestyles, healthy ready-to-eat snack foods are becoming increasingly popular with consumers in the country. Looking forward, IMARC Group expects the demand of pulses to increase at a CAGR of 5% reaching a volume of around 32.4 Million Tons by 2024.
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