Global Pulse Ingredients Market Size Study & Forecast, By Source (Lentils, Peas, Chickpeas, Others) By Type (Pulse Flour, Pulse Starch, Pulse Protein, Pulse Fiber & Grits), By Application (Food & Beverage, Feed, Others) and Regional Analysis, 2023-2030

Global Pulse Ingredients Market Size Study & Forecast, By Source (Lentils, Peas, Chickpeas, Others) By Type (Pulse Flour, Pulse Starch, Pulse Protein, Pulse Fiber & Grits), By Application (Food & Beverage, Feed, Others) and Regional Analysis, 2023-2030

Global Pulse Ingredients Market is valued at approximately USD 21.09 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 3.10% over the forecast period 2023-2030. Pulse ingredients are a diverse group of edible seeds harvested from the legume family, which includes crops like peas, lentils, chickpeas, and various beans. These ingredients have gained prominence in the food industry due to their nutritional benefits, sustainable cultivation practices, and versatility in various culinary applications. Pulse ingredients are an excellent choice for those who are looking for an alternative to animal products. They are packed with proteins, fibers, vitamins, and minerals, making them a great source of nutrition for a plant-based diet. Additionally, pulses contribute to sustainable agriculture by fixing nitrogen in the soil and reducing the need for synthetic fertilizers. The Pulse Ingredients market is expanding because of factors such as the focus on clean labels and natural ingredients, rising demand for pulse starch in various food and industrial applications, and increasing demand for plant-based proteins.

Moreover, pulse starch serves diverse functions, including gelling, texturizing, binding, coating, thickening, and film forming. Its versatility extends to various food applications, such as pasta, noodles, bakery items, confectionery, soups, sauces, and meat and poultry products. Additionally, it finds application in vermicelli manufacturing as a binding agent. With its multifunctionality, pulse starch is a promising alternative to other starches in the food and beverage industry, offering economic benefits and a wide range of functionalities. In 2021, the Saskatchewan Agriculture Ministry and the Ministry of Agriculture and Agri-Food jointly allocated USD 2.07 million in funding for research led by the University of Saskatchewan. The focus of this study was to explore novel possibilities for starches derived from pulse crops. The research team aimed to enhance the extraction of starch from seeds and gain insights into the transformation of pulse starches into value-added products, reflecting a commitment to advancing knowledge and applications in this domain. In addition, growing health consciousness and innovation in food product development are creating new opportunities for market growth. However, the fluctuations in the prices of pulse ingredients and the availability of alternative protein sources stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Pulse Ingredients Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to the increasing recognition of the health advantages linked to pulses like lentils, chickpeas, and various beans, renowned for their high protein, fiber, and essential nutrient content, awareness about their positive impact on health is on the rise. Moreover, the clean label movement, emphasizing transparency and simplicity in ingredient lists, is gaining traction in North America resulting in market growth. Asia Pacific is expected to grow at the fastest rate during the forecast period. Numerous nations in the region are actively pursuing objectives related to food security and self-sufficiency. Pulses are recognized as a valuable crop in these efforts, given their nutritional richness, adaptability to diverse growing conditions, and extended storage capabilities. Government bodies and agricultural organizations are actively advocating for the cultivation and consumption of pulses as a strategic measure to bolster food security and decrease reliance on imported food items.

Major market players included in this report are:
Ingredion Incorporated
Roquette Frères S.A.
Emsland-Starke GmbH
The Scoular Company
AGT Food and Ingredients Inc.
Cosucra Groupe Warcoing S.A.
Vestkorn Milling A.S.
Dakota Dry Bean Inc.
Axiom Foods, Inc.
AGT Food & Ingredients

Recent Developments in the Market:
 In November of 2022, Uralchem Innovation, a subsidiary of Russia-based Uralchem, unveiled a pilot plant designed for the production of pea isolate. This isolate, extracted from yellow peas, stands as a purified natural vegetable protein with diverse applications within the food industry.
 In October 2021, InnovoPro, an Israeli food technology company focused on chickpea protein concentrate, introduced a chickpea protein known as TVP (texturized vegetable protein). This innovation aims to support food manufacturers in elevating meat analog products such as burgers, nuggets, and meatballs.

Global Pulse Ingredients Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Source, Type, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Source:
Lentils
Peas
Chickpeas
Others

By Type:
Pulse Flour
Pulse Starch
Pulse Protein
Pulse Fiber & Grits

By Application:
Food & Beverage
Feed
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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