Pulses Market- India
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 5.7% (2024-2032)
Market Size in 2023: 34.4 Million Tons
Market Size in 2032: 57.3 Million Tons
The India pulses market is growing as a result of better farming practices, government aid initiatives, and growing consumer demand for diets high in protein. According to the latest report by IMARC Group, the market size reached 34.4 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 57.3 Million Tons by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032.
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India Pulses Market Trends and Drivers:
- Health Awareness Driving Pulse Consumption
- Growing health consciousness is leading more people to include pulses in their daily diets.
- Pulses are rich in protein, fiber, and vitamins, making them a popular choice for healthier food options.
- Urban areas, where obesity and diabetes are more prevalent, are seeing higher demand for pulses.
- Rising Demand for Organic and Sustainable Pulses
- Consumers are becoming more mindful of food origins and production methods.
- Organic and sustainably sourced pulses are gaining popularity as people prioritize healthy and ethically produced food.
- Government Support for Pulse Production
- Programs like Pradhan Mantri Fasal Bima Yojana (PMFBY) and National Food Security Mission (NFSM) support pulse farmers.
- These initiatives help improve pulse production, boost farmer livelihoods, and promote soil health.
- Research on High-Yielding and Pest-Resistant Varieties
- The government is investing in the development of better pulse varieties to increase yields and resist pests.
- These innovations are aimed at making the pulses market more sustainable and boosting production.
- India's Role as a Leading Pulse Producer and Exporter
- India remains a top producer and exporter of pulses, including lentils, chickpeas, and pigeon peas.
- Global demand for plant-based proteins is increasing, and India is well-positioned to meet this need.
- Trade agreements are facilitating easier access to international markets for Indian pulses.
- Shifts in Consumer Preferences Toward Convenience
- Ready-to-cook pulse products are on the rise, driven by the need for quick and nutritious meal options.
- Instant mixes and packaged pulses are gaining popularity in urban areas due to busy lifestyles.
- Growth in Pulse-Based Snacks and Flours
- Consumers are increasingly opting for healthier food options like pulse-based snacks and protein-rich flours.
- The popularity of vegetarianism and veganism is further driving pulse consumption.
- Technology and E-Commerce Expanding Access
- Advancements in technology and e-commerce are making a wider variety of pulses, including organic options, more accessible to consumers.
- Bright Future for the Indian Pulses Market
- The Indian pulses market is set for continued growth, driven by trends in health, convenience, and sustainability.
India Pulses Market Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India pulses market outlook. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Breakup by Type:
- Chick Peas
- Kaspa Peas
- Lentils
- Pigeon Peas
- Fava Beans
- Black Gram
- Mung Beans
- Others
Breakup by End-Use:
- Retail Store
- Snack Food Industry
- Flour Industry
- Others
Breakup by Region:
- North India
- East India
- West and Central India
- South India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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