High nutritional value and numerous health benefits of black gram have led to its augmented demand across the world. Rising population, increasing disposable incomes, growing health consciousness among consumers, healthy lifestyles and growing demand particularly in emerging countries are some of the factors that are currently fostering the growth of the global black gram market.
A recently released report by IMARC Group titled “Black Gram Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” extensively discusses the global black gram market. Popularly known as black lentil, black grams are a kind of lentils which are little black seeds with a white interior. These beans contain a high concentration of an antioxidant namely anthocyanin which is responsible for their dark hue. Black grams belong to Asiatic Vigna group and are cultivated mostly in South Asian countries. Falling under the category of warm-season crops, these beans grow best in loamy soil.
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Today, black grams represent a significant part of a healthy diet due to their high levels of nutritional content, dietary fibre, proteins and vitamins. The report cites several factors that have led to an increase in the consumption of black gram in the past few decades. The flour and the fractions of the split black gram have now found increasing applications in a variety of industries like batter and breading, bakery, beverages, meat and snack food industry. In addition, they also find wide applications in taste and aroma enhancing products such as soups, sauces, dips and spreads. Moreover, the fact that they are a cheaper source of protein and energy has led to their augmented demand. Some of the other factors such as rising population, increasing disposable incomes, growing health consciousness among consumers, healthy lifestyles and growing demand particularly in emerging countries are currently fostering the growth of the global black gram market. IMARC Group estimates suggest that the market is expected to grow at a CAGR of around 3.6% during 2016-2021 reaching a volume of 3.3 Million Tons by 2021.
The report provides a detailed segmentation of the global black gram market by its major regions. India, currently represents the world’s largest producer of black gram accounting for the majority of the global production. India is followed by Myanmar and Pakistan. The report also provides a detailed value chain analysis of black grams. This encompasses the entire activities in the value chain such as cultivation, procurement, processing, sales and distribution.
The report also provides a comprehensive analysis for setting up a black gram processing plant. The study covers all the requisite aspects of the black gram industry and provides an in-depth analysis of the market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the black gram industry in any manner.
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