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In January 2018, Verdient Foods has entered into a joint venture agreement with U.S. company Ingredion to expand its operations in pulses and the products are available in more than 120 countries. Also, In November 2018, Bunge introduced a non-GMO lentil functional flour to its product portfolio which is marketed as clean label ingredients. Lentil functional flour acts as a substitute for modified starches and offers nutritional benefit.
Most of the companies are involved in various strategic initiatives to strengthen their market presence and gain a competitive edge in the value chain. Global pulse flour market share is fragmented including