26-Sep-2024 | Zion Market Research
Zion Market Research has published a new report titled “Global Pulse Ingredients Market – By Type (Pulse Flours, Pulse Starch, Pulse Proteins, and Pulse Fibers & Grits), By Source (Lentils, Peas, Beans, and Chickpeas), By Application (Food & Beverages, Feed, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” According to the report, global demand for the Pulse Ingredients market was valued over USD 22.20 Billion in 2023. The market is forecast to reach USD 28.96 Billion by 2032, growing at a compound annual growth rate (CAGR) of 3% during the forecast period 2024-2032.
Browse the full “Global Pulse Ingredients Market – By Type (Pulse Flours, Pulse Starch, Pulse Proteins, and Pulse Fibers & Grits), By Source (Lentils, Peas, Beans, and Chickpeas), By Application (Food & Beverages, Feed, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/pulse-ingredients-market
Food & beverages category is estimated to lead the Pulse Ingredients market during the forecast period
Food & beverages category is projected to lead the Pulse Ingredients market during the forecast period. The expansion of the food & beverages industry owing to the increasing preference of consumers for food products with health benefits is projected to boost the Pulse Ingredients market during the forecast period. In addition, the adaption of an urbanized lifestyle is projected to boost the sales of pulse ingredients in the coming years. Moreover, the growing health distresses among consumers and rising demand for clean label ingredient and low-fat content in countries like the U.S. is further projected to boost trades of Pulse Ingredients market.
Pulse flours category is anticipated to hold the majority of the market share of the Pulse Ingredients market during the forecast period
The growing consumption of pulse flours derived from sources such as peas and chickpeas in the regions such as the Middle East and India is one of the primary factors driving the global Pulse Ingredients market. In addition, the use of pulse flours in food products such as dairy products, bakery products, confectioneries, meat products, beverages, and sauces. The advantageous health benefits of pea flours are likely to help the Pulse Ingredients market gain attention from both manufacturers and consumers on the worldwide level.
Peas category is estimated to lead the global Pulse Ingredients market during the forecast period
The health benefits of peas such as providing zinc, iron, magnesium, and phosphorus, reducing cholesterol levels, and maintaining blood sugar levels, owing to its high-fiber content are projected to help the peas category dominate the global Pulse Ingredients market. The pea starches, pea proteins, and pea flours are some of the pea-derived ingredients used as major ingredients in numerous products such as pasta & noodles, confectionery products, snacks, bakery products, soups & sauces, and dairy products.
Asia Pacific is expected to account for the fastest growth in the global Pulse Ingredients market during the forecast period
The rising disposable income, high standard of living, and food & beverage industry expansion is anticipated to bolster the market. In addition to this, the demand for healthy diets, especially high-protein content is estimated to propel the Pulse Ingredients market growth.
Key Market Players
Some of the major players of the global Pulse Ingredients market include ADM, Ingredion, Emsland Group, Roquette Frères, and AGT Food and Ingredients.
Global Pulse Ingredients Market: By Source Segmentation Analysis
Global Pulse Ingredients Market: By Type Segmentation Analysis
Global Pulse Ingredients Market: By Application Segmentation Analysis
Global Pulse Ingredients Market: By Regional Segmentation Analysis
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