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The global pulses market reached a volume of 115.3 Million Tons in 2020.
We expect the global pulses market to grow at a CAGR of 4.2% during 2021-2026.
The growing awareness towards numerous health benefits associated with pulses, along with the increasing usage of pulses in the ready-to-eat food products are some of the key factors catalyzing the global pulses market.
Sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of pulses and pulses-related products.
Based on the type, the global pulses market has been bifurcated into chickpeas, kaspa peas, lentils, pigeon peas, fava beans, black gram, mung beans, and others. Currently, chickpeas exhibit a clear dominance in the market.
Based on the end-use, the global pulses market can be divided into home use, snack food industry, flour industry and others. Among these, the home use sector currently represents the largest segment.
On a regional level, the market has been classified into India, Canada, Myanmar, China, Brazil, and others, where India currently dominates the global market.
Some of the major players in the global pulses market include AGT Foods and Ingredients, Broadgrain, Adani Wilmar Pvt. Ltd., Cargill Foods India, Solen Food Industry and Trade Inc., etc.
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