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India Pulses Market to Reach 44.1 Million Tons by 2027, Impelled by Growing Vegetarian Population

Published on Nov 03, 2022

According to the latest report by IMARC Group, titled "India Pulses Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the India pulses market reached a volume of 30.5 Million Tons in 2021. Pulses are edible food items that are generally derived from the plants in the legume family. They are dry grains that grow in pods and are widely available in different colors, sizes and shapes. They provide a significant source of essential nutrients, such as fiber, protein, amino acids, vitamins and minerals, folate, zinc, iron and magnesium, that aid in enhancing diet quality. Additionally, they also possess anti-carcinogenic and antioxidant effects due to the presence of phytochemicals, tannins and saponins. There has been a considerable increase in the consumption of pulses across India on account of the rising health consciousness among individuals.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

India Pulses Market Trends:

The market in India is primarily driven by the growing prevalence of chronic diseases among the masses. This can be attributed to the increasing preference for leading a healthy lifestyle and the changing dietary patterns of individuals. Since pulses have a low glycemic index and are high in fiber, making them an essential food product for the masses suffering from diabetes that aid in maintaining healthy insulin and blood glucose levels, this is providing a boost to the demand for pulses across the country. In addition to this, numerous leading players are heavily investing in the launching of organic variants of pulses that are preservative- and color-free, which are gaining widespread prominence among the masses. Moreover, the escalating utilization of pulses in the production of ready-to-eat snacks is impacting the market growth favorably. Along with this, easy product availability via online and offline organized distributed channels and the advent of the home delivery model are creating a positive market outlook. Some of the other factors driving the market include the growing vegetarian population and the emerging agriculture industry. On account of the aforementioned factors, the market is anticipated to reach 44.1 Million Tons by 2027, exhibiting a CAGR of 6.4% during 2022-2027.

Market Summary:

  • On the basis of the type, the market has been segmented into chickpeas, kaspa peas, lentils, pigeon peas, fava beans, black gram, mung beans and others.
  • Based on the end-use, the market has been segregated into retail store, snack food industry, flour industry and others.
  • On the basis of the region, the market has been classified into North India, East India, West and Central India and South India.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
     

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