Pulse Ingredients Market Size, Share, Growth, Forecast 2032

Pulse Ingredients Market Insights

According to Zion Market Research, the global Pulse Ingredients Market was worth 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.

The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Pulse Ingredients industry over the next decade.

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The report analyzes the global pulse ingredients market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the global pulse ingredients industry.

Pulse Ingredients Market: Overview

This report analyzes and estimates the Pulse Ingredients market at global, regional, and country level. The research study provides historic data from 2018 to 2022 along with forecast from 2024 to 2032 based on value (USD Billion). The report offers detailed insights of the Pulse Ingredients market drivers and restraints along with their impact analysis at global level from 2024 to 2032.

The report covers in-depth analysis of the strategies adopted by major competitors in the global Pulse Ingredients market. To understand the competitive landscape in the global Pulse Ingredients market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.

Pulse Ingredients Market: Growth Drivers

Growing adoption of urbanization, rise in disposable incomes coupled with the development of the food & beverage industry in the developing or developed regions is expected to fuel the Pulse Ingredients market in the coming years. Apart from this, surging health concerns amid consumers has insisted consumers to opt for gluten-free food products further fuelling the trades of pulse ingredients in the food industry. The rising demand for clean label ingredients and low-fat content in countries like the U.S. is further projected to boost trades of the Pulse Ingredients market.

The use of pulse flours in food products such as dairy products, bakery products, confectioneries, meat products, beverages, and sauces will bolster the market growth during the forecast period owing to the high consumption of healthy food products.

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The health benefits of pulses, especially peas, such as providing zinc, iron, magnesium, and phosphorus, reducing cholesterol levels, and maintaining blood sugar levels, owing to their high-fiber content are projected to help the global Pulse Ingredients market grow at a significant rate. Furthermore, the busy lifestyle of consumers have urged the people to opt for a healthy diet owing to the presence of numerous health concerns such as diabetes, cholesterol, mineral or vitamin deficiencies, etc. will further support the expansion of the Pulse Ingredients market.

Pulse Ingredients Market: Segmentation

The research study provides a decisive view on the global Pulse Ingredients market based on Type, Source, Application, and Region. 

Based on the type, the global Pulse Ingredients market is divided into Pulse Flours, Pulse Starch, Pulse Proteins, and Pulse Fibers & Grits.

In terms of source, the market is segregated into Lentils, Peas, Beans, and Chickpeas.

On the basis of application, the market for pulse ingredients is sectored into Food & Beverages, Feed, and Others.

Pulse Ingredients Market: Report Scope

Pulse Ingredients Market: Regional Analysis

The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.

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Pulse Ingredients Market: Competitive Analysis

Some of the major players of the global pulse ingredients market include

• ADM
• Ingredion
• Emsland Group
• Roquette Frères
• AGT Food and Ingredients

The report categorizes the global pulse ingredients market into:

Global Pulse Ingredients Market: By Source Segmentation Analysis

• Peas
• Chickpeas
• Beans
• Lentils

Global Pulse Ingredients Market: By Type Segmentation Analysis

• Pulse Proteins
• Pulse Proteins
• Pulse Starches
• Pulse Fibers & Grits

Global Pulse Ingredients Market: By Application Segmentation Analysis

• Food & Beverages
  • Meals & Meal Centers
  • Snacks
  • Fruits & Vegetables
  • Soups, Sauces, and Seasonings
  • Processed Fish, Meat, and Egg Products
  • Bakery & Confectionery Products
  • Others
• Feed
• Others

Global Pulse Ingredients Market: By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa