What are the Historical Developments and Current Growth Metrics of the Pulse Ingredients Market?
The pulse ingredients market has seen considerable growth due to a variety of factors.
• In recent times, the market size for pulse ingredients has experienced significant growth. The market which was worth $21.1 billion in 2024, is projected to expand to $22.35 billion in 2025, marking a compound annual growth rate (CAGR) of 5.9%. This historical growth pattern can be traced back to various factors such as the diversification in food applications, public education initiatives, cultural and ethnic food diversity, increased concerns over food security, changes in international trade and market accessibility, and the demand for allergen-free alternatives.
What Is The Projected Growth Of The Pulse Ingredients Market Size?
The Pulse Ingredients market is expected to maintain its strong growth trajectory in upcoming years.
• The market of pulse ingredients is set to witness robust expansion in the coming years, with projections estimating it to reach $27.97 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.8%.
This growth during the predicted period can be traced back to factors like the increasing consumer preference for plant-derived proteins, health consciousness, the surge in veganism and vegetarianism, sustainability-oriented food options, and demand for clean and natural ingredients. Key trends expected to shape the market during this period include protein enrichment, gluten-free and allergen-free substitutes, transforming pulse-based products into snacks, introduction of innovative products, and the use of pulses in functional foods.
What Are The Key Drivers Fueling Growth In The Pulse Ingredients Market?
The surge in consumer interest for plant-based and gluten-free commodities is anticipated to spur the expansion of the pulse ingredients market. Plant-based offerings are final products made from plant constituents like fruits, vegetables, whole grains, nuts, seeds, and legumes. Gluten-free goods, on the other hand, do not contain the gluten protein found in grains like wheat, barley, and rye. The COVID-19 pandemic has markedly altered consumer preference towards plant-based food and meals that enhance health and immunity, aiding in battling the virus. For example, the Plant Based Foods Association revealed in September 2022 that plant-based foods sustained a sales growth of 6.6% in 2022, an increase from 5.9% in 2021, with a mere 10% rise in the average retail price. Hence, the growing preference for plant-based and gluten-free items is fuelling the expansion of the pulse ingredients market.
What Are The Principal Market Segments In The Global Pulse Ingredients Industry?
The pulse ingredients market covered in this report is segmented –
1) By Type: Pulse Flour, Pulse Starch, Pulse Protein, Pulse Fibers And Grits
2) By Source: Lentils, Peas, Chickpeas, Beans, Other Sources
3) By Application: Food And Beverages, Feed, Other Applications
Subsegments:
1) By Pulse Flour: Chickpea Flour, Lentil Flour, Pea Flour
2) By Pulse Starch: Isolated Starch, Modified Starch
3) By Pulse Protein: Isolated Protein, Concentrated Protein
4) By Pulse Fibers And Grits: Soluble Fiber, Insoluble Fiber, Coarse Grits, Fine Grits
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Which Emerging Market Trends Are Altering The Pulse Ingredients Industry?
Major organizations in the pulse ingredient market are forging strategic alliances to stimulate product innovation, broaden their market footprint, and cater to the soaring demand for plant-derived ingredients. Such collaborations allow companies to pool resources and know-how, thereby promoting the creation of novel pulse-based products and their utilization in food, beverages, and nutrition sectors. In a striking development in June 2022, Bühler Group, a plant equipment manufacturing firm headquartered in Switzerland, joined hands with Endeco. The collaboration seeks to improve pulse processing, fulfill the escalating demand for alternative protein sources, and supply pulse processing solutions that dramatically reduce CO2 emissions. Endeco, hailing from Germany, is an expert in starch, protein plants, and processing methodologies.
Who Are the Key Players In The Pulse Ingredients Market?
Major companies operating in the pulse ingredients market include:
• Ingredion Incorporated
• AGT Food and Ingredients Inc.
• Emsland-Starke GmbH
• The Scoular Company
• Roquette Frères S.A.
• Cosucra Groupe Warcoing S.A.
• Vestkorn Milling A.S.
• Dakota Dry Bean Inc.
• SunOpta Inc.
• Axiom Foods Inc.
• Best Cooking Pulses Inc.
• Blue Ribbon LLC
• Bühler AG
• Cargill Inc.
• Diefenbaker Spice & Pulse
• Puris Proteins LLC
• ETG Commodities Inc.
• Gavilon Group LLC
• Kellogg Company
• MGP Ingredients Inc.
• Parakh Agro Industries Ltd.
• The Archer Daniels Midland Company
• The Green Labs LLC
• The TradeLink International Group Ltd.
• The Whitworths Group Limited
• Great Western Grain Co. Ltd.
What Are The Regional Insights Into The Pulse Ingredients Market?
Asia-Pacific was the largest region in the pulse ingredients market share in 2024. The regions covered in the pulse ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
