Pulse Ingredients Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Pulse Ingredients Market is Segmented By Type (Pulse Flour, Pulse Starch, Pulse Proteins, Pulse Fibre), By Source (Lentils, Peas, Beans, Chickpea), By Application (Food & Beverages, Feed, Bakery &Confectionery, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Pulse Ingredient Market Size

The Global Pulse Ingredient Market reached US$ 20.1 billion in 2022 and is expected to reach US$ 28.5 billion by 2031 and is expected to grow with a CAGR of 4.5% during the forecast period 2024-2031.  Major food companies have incorporated them into products to meet the demand for healthier and eco-friendly choices.

One trend in the pulse ingredient market is the increasing popularity of plant-based meat alternatives. For instance, companies like Beyond Meat and Impossible Foods have incorporated pulse ingredients like peas and lentils into their meatless products to provide protein and enhance texture and taste. The pulse ingredient market has steadily grown due to rising demand for plant-based protein and sustainable food options. Derived from leguminous crops like lentils and chickpeas, pulse ingredients offer high protein and fiber content with low fat. Keep in mind that market conditions might have evolved since my last update, so consult recent sources for the latest overview.

One driver for the pulse ingredient market is the growing demand for sustainable and environmentally friendly food choices. For example, major food companies like Nestlé have been incorporating pulse ingredients in their products to address sustainability concerns. By utilizing ingredients like chickpeas and lentils, these companies reduce their carbon footprint and appeal to eco-conscious consumers.

Pulse Ingredient Market Scope

To Know More Insights - Download Sample

Pulse Ingredient Market Dynamics and Trends

Rising Awareness of Sustainability and Environmental Concerns Driving the Market Growth

Pulse ingredients, such as pulse fibers and starches, offer eco-friendly alternatives to conventional ingredients, as pulses have a lower carbon footprint and require less water and resources during cultivation. As consumers seek greener choices and transparency in their food supply chains, food manufacturers are incorporating pulse ingredients into their products to meet these demands. 

The adoption of pulse ingredients supports sustainable agriculture practices, reduces greenhouse gas emissions, and conserves biodiversity. This heightened consciousness towards sustainability is driving the pulse ingredient market trend as consumers and businesses prioritize eco-friendly food solutions, contributing to the market's expansion and increasing its size.

Increasing Demand for Plant-Based Proteins and Health-Conscious Diets Driving the Market Growth

The growing consumer trend toward plant-based diets and health-conscious food choices is a significant driver of the pulse ingredient market. As more individuals embrace vegetarian, vegan, or flexitarian lifestyles, the demand for alternative protein sources like pulse proteins surges. Pulse-based ingredients offer high-quality plant-based proteins, rich in essential amino acids, dietary fiber, vitamins, and minerals, aligning with consumers' nutritional preferences. 

This shift in dietary patterns not only promotes better health outcomes but also supports sustainability and reduces the environmental impact of the food industry. The pulse ingredient market trend is witnessing a surge in demand as manufacturers innovate to cater to this consumer-driven preference, which, in turn, is positively impacting the market's size and growth.

Challenges of Limited Consumer Awareness Hamper Pulse Ingredient Market Growth

One restraint of the pulse ingredient market is the limited awareness and familiarity among consumers with pulse-based products. Despite the market's steady growth, the lack of widespread knowledge about pulse ingredients hinders their adoption in mainstream food choices. This limitation affects the pulse ingredient market size and pulse ingredient market share as it creates challenges in reaching a broader customer base. 

Additionally, consumer preferences and habits established around traditional ingredients might be resistant to change, further impacting the market's expansion. To overcome this restraint, there is a need for increased marketing efforts, education about the nutritional benefits, and showcasing the versatility of pulse ingredients in various food products. Raising awareness and familiarity would contribute to unlocking the full potential of the Pulse Ingredient market.

Pulse Ingredient Market Segmentation Analysis

The global pulse ingredient market is segmented based on type, source, application, and region.

Rising Demand for Nutritious and Sustainable Pulse Flour Drives Market Growth

The global pulse ingredient market has been segmented by type into pulse flour, pulse starch, pulse proteins, and pulse fiber.

Pulse flour is a versatile and nutritious ingredient derived from grinding pulses like lentils, chickpeas, beans, and peas into a fine powder. With an approximate market share of 45%, it stands as a significant segment in the pulse ingredient market. Pulse flours possess a high protein content and they are gluten-free and rich in dietary fibers, vitamins, and minerals, making them suitable for individuals with gluten sensitivities or those seeking healthier dietary options. 

They are widely used in the food industry to enhance the nutritional profile and texture of baked goods, pasta, snacks, and even meat analogs. As a sustainable and eco-friendly ingredient, pulse flour aligns with the growing consumer demand for sustainable and plant-based products. Incorporating pulse flours can enhance the overall nutritional value and sustainability of food products.

Pulse Ingredient Market Geographical Share

The North America Region Held the Largest Share of the Pulse Ingredient Market

The North American pulse ingredient market is expanding rapidly, owing to increased demand for plant-based and protein-rich food items. Pulse concentrates, pulse isolates, chickpea flour, lentil protein, and pea starch are gaining favor in the food sector as adaptable and sustainable alternatives. The North American pulse ingredient industry is developing as consumer awareness of health and wellness grows. 

North America pulse ingredients' market share is gradually expanding, with Pulse Concentrates and Isolates finding uses in a variety of food categories such as drinks, snacks, and supplements. Chickpea flour is popular in baking and culinary items because of its gluten-free and nutritional features, whilst lentil protein and pea starch are prized for their functional advantages in processed meals.

Pulse Ingredient Market Companies

The major global players in the market include AGT Food and Ingredients Inc, Archer Daniel Midland Company, The Scoular Company, Dakota Dry Bean, Puris Foods, Emsland Groups, Axiom Foods, Estelle Chemicals, Ingredion Inc, and Anchor Ingredients.

COVID-19 Impact on Pulse Ingredient Market

Global Recession/Ukraine-Russia War/COVID-19, and Artificial Intelligence Impact Analysis

Covid-19 Impact

The COVID-19 pandemic has had a significant impact on the pulse ingredient market. With lockdowns and restrictions affecting the global food supply chain, there have been disruptions in the production, distribution, and demand for pulse ingredients. While the pandemic initially led to a surge in demand for plant-based proteins and nutritious foods, the closure of restaurants and reduced food service operations affected the consumption patterns of pulse ingredients. 

Additionally, labor shortages and logistical challenges hampered production and export activities. Despite these short-term challenges, the long-term outlook for the pulse ingredient market remains positive as consumers increasingly prioritize health-conscious and sustainable food choices. Furthermore, as people continue to adopt healthier lifestyles amidst the pandemic, the demand for nutritious pulse ingredients is expected to rebound and grow in the post-COVID era.

By Type

• Pulse Flour
• Pulse Starch
• Pulse Proteins
• Pulse Fiber

By Source

• Lentils
• Peas
• Beans
• Chickpea

By Application

• Food & Beverages
• Feed
• Bakery &Confectionery
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• On September 29, 2021, Ingredion, Inc. U.S. based company launched Prista, a line of pulse concentrates and flours. The new line includes Homecraft Prista P 101 pea flour, Vitessence Prista P 155 pea protein concentrate, and Vitessence Prista P 360 fava bean protein concentrate. Manufactured via a proprietary deflavoring process, the ingredients reduce the bitter taste and raw plant flavor associated with conventional dry-milled pulse ingredients, according to the company.
• On April 28, 2022, Beneo, Germany-based Functional ingredients manufacturer recently announced a €50 million investment in a new pulse processing site in Offstein, Germany. The site will produce protein-rich pulse ingredients for food and animal feed. It will initially focus on a protein concentrate, starch-rich flour, and hulls from Faba bean, with the option to process other pulses in the future.
• On November 11, 2020, Ingredion, Inc. U.S. based company announced that it signed an agreement with James Cameron and Suzy Amis Cameron to acquire the remaining portion of ownership in Verdient Foods Inc.

Why Purchase the Report?

• To visualize the global pulse ingredient market segmentation based on type, source, application, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development. 
• Excel data sheet with numerous data points of pulse ingredient market-level with all segments.
• The PDF report consists of a cogently put-together market analysis after exhaustive qualitative interviews and an in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The global pulse ingredient market report would provide approximately 61 tables, 60 figures, and 190 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies