The global pulse ingredients market size was valued at USD 21.80 billion in 2023 and is expected to reach around USD 29.67 billion by 2033, at a CAGR of 3.13% from 2024 to 2033.
Key Points
- Asia Pacific dominated with the largest revenue share of 34% in 2023.
- By source, the chickpeas segment has held a biggest revenue share of 37% revenue share in 2023.
- By application, the food & beverages segment has held a major revenue share of 45% in 2023.
- By type, the pulse flour segment has contributed more than 36% in 2023.
- By type, the pulse protein segment is expected to grow fastest during the forecast period.
The pulse ingredients market has witnessed significant growth over recent years, reflecting the increasing consumer awareness and demand for healthy, sustainable, and plant-based protein sources. Pulses, including lentils, chickpeas, peas, and various types of beans, are not only rich in protein but also provide essential nutrients such as dietary fiber, vitamins, and minerals. These characteristics make pulse ingredients highly desirable for use in a variety of food products, including bakery goods, snacks, soups, sauces, and meat alternatives.
The market’s expansion is fueled by the rising prevalence of vegetarianism and veganism, alongside a broader trend toward plant-based diets driven by health, environmental, and ethical considerations. Pulse ingredients are versatile and can be processed into flours, proteins, starches, and fibers, each finding diverse applications in the food industry. This versatility, combined with pulses’ recognized health benefits, positions them as a key component in the development of functional foods and health-promoting products.
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Growth Factors
Several factors contribute to the robust growth of the pulse ingredients market:
- Health and Wellness Trends: There is a growing consumer shift toward health-conscious eating, which favors nutrient-dense foods. Pulses, being high in protein and fiber and low in fat, fit perfectly into this trend.
- Plant-Based Diets: The rise of vegetarian and vegan lifestyles has significantly increased the demand for plant-based protein sources. Pulse ingredients provide an excellent alternative to animal proteins, meeting the dietary needs of these consumer segments.
- Sustainability: Pulses are known for their environmental benefits. They require less water and have a lower carbon footprint compared to animal-based proteins. This sustainability factor is increasingly influencing consumer choices and driving market growth.
- Functional Food Development: Pulse ingredients are being extensively used in the formulation of functional foods aimed at enhancing health and well-being. They are incorporated into products designed to manage weight, improve digestion, and support heart health.
- Innovation in Food Processing: Advances in food technology have enabled the development of new pulse-based products. Improved processing techniques enhance the taste, texture, and nutritional profile of pulse ingredients, making them more appealing to consumers.
Region Insights
The pulse ingredients market demonstrates varied growth patterns across different regions, influenced by cultural preferences, dietary habits, and levels of awareness about health and sustainability.
North America: This region holds a significant share of the pulse ingredients market, driven by a high demand for plant-based foods and increasing health consciousness among consumers. The United States and Canada are leading countries where the consumption of pulse-based products is rapidly rising.
Europe: Europe is another prominent market, characterized by a strong trend toward vegetarianism and veganism. Countries like the UK, Germany, and France are seeing increased incorporation of pulse ingredients in mainstream food products.
Asia-Pacific: This region is expected to witness the fastest growth due to its large population and traditional consumption of pulses in countries like India and China. The growing middle class and increasing awareness of healthy eating habits further propel market growth in this region.
Latin America: Countries like Brazil and Argentina are emerging markets for pulse ingredients. The region’s agricultural strength in pulse cultivation supports the availability and utilization of these ingredients.
Middle East and Africa: This region shows moderate growth, with potential for expansion as consumer awareness and economic conditions improve. Traditional diets in many African and Middle Eastern countries already include a variety of pulses.
Pulse Ingredients Market Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 21.80 Billion |
| Market Size in 2024 | USD 22.48 Billion |
| Market Size by 2033 | USD 29.67 Billion |
| Market Growth Rate | CAGR of 3.13% from 2024 to 2033 |
| Largest Market | Asia-Pacific |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | Source, Application, Type, and Regions |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Pulse Ingredients Market Dynamics
Drivers
The pulse ingredients market is driven by several key factors:
Nutritional Benefits: Pulses are highly valued for their rich nutritional profile, offering a source of high-quality protein, fiber, vitamins, and minerals. This makes them ideal for health-conscious consumers and those looking to improve their dietary intake.
Increasing Vegan Population: The rise in the number of people adopting vegan and vegetarian diets boosts the demand for plant-based protein sources, with pulse ingredients being a primary option.
Environmental Sustainability: The environmental benefits of pulses, such as their ability to fix nitrogen in the soil and reduce the need for synthetic fertilizers, make them a sustainable choice for both producers and consumers.
Food Industry Innovations: Continuous innovation in food technology enhances the application of pulse ingredients in various food products. These innovations improve the sensory properties and nutritional value of pulse-based foods, increasing their market appeal.
Consumer Awareness: Increasing awareness about the health benefits and environmental impact of food choices drives consumers towards more sustainable and nutritious options like pulse ingredients.
Opportunities
The pulse ingredients market offers several growth opportunities:
Product Development: There is ample scope for developing new and innovative products using pulse ingredients. This includes gluten-free products, protein-enriched snacks, and functional foods aimed at specific health benefits.
Expanding Applications: The versatility of pulse ingredients allows for their use in a wide range of applications beyond traditional food products. This includes their use in non-food sectors like animal feed, pharmaceuticals, and cosmetics.
Market Penetration: There are significant opportunities for market expansion in developing regions where pulses are already a dietary staple. Increasing consumer awareness and improving economic conditions in these regions can drive further growth.
Sustainability Branding: Companies can capitalize on the sustainability aspect of pulses by promoting their environmental benefits. This can attract environmentally conscious consumers and strengthen brand loyalty.
Collaborations and Partnerships: Collaborations between food manufacturers, agricultural producers, and research institutions can lead to the development of superior pulse-based products. These partnerships can also help in overcoming supply chain challenges and improving product quality.
Challenges
Despite its promising growth, the pulse ingredients market faces several challenges:
Supply Chain Issues: Variability in pulse production due to climatic conditions and limited processing facilities can affect the supply chain and lead to price fluctuations.
Consumer Acceptance: While awareness is increasing, there is still a segment of consumers who are reluctant to adopt pulse-based products due to taste, texture, or unfamiliarity.
Competition from Alternative Proteins: The pulse ingredients market faces competition from other plant-based proteins such as soy, quinoa, and emerging sources like algae and insect proteins. These alternatives can impact the market share of pulse ingredients.
Regulatory Hurdles: Different regions have varying regulations regarding food ingredients, which can complicate the market entry and expansion for pulse-based products.
Technological Limitations: While there have been advancements, there are still technological challenges in processing pulse ingredients to enhance their functionality and sensory properties.
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Recent Developments
- In February 2024, Protein Industries Canada declared that it will be investing in the development of novel ingredients and consumer food choices. As part of the experiment, Big Mountain Foods, Danone Canada, and Old Dutch will substitute several conventional ingredients and processing aids in their respective products with novel oat and pulse ingredients developed by Avena Foods. As a result, customers will have access to additional options, such as allergy-friendly substitutes.
- In January 2024, The National Agricultural Cooperative Marketing Federation of India and the National Cooperative Consumers’ Federation of India (NCCF) will be able to buy tur dal (pigeon pea) directly from registered farmers thanks to a portal that the Indian government launched in an effort to make the country’s pulse supply self-sufficient. The Indian Home Minister opened the webpage. It will make it easier to register, buy, and pay farmers directly for their Tur Dal. He added that India won’t need to import any pulses by January 2028.
- In June 2023, Banza announced the launch of frozen waffles made with chickpeas.
- In June 2023, Kraft Heinz announced the introduction of chickpea-based vegan cheese slices. The business and AI brand NotCo have teamed to introduce a line of vegan cheese slices.
Pulse Ingredients Market Companies
- Roquette Freres
- ADM
- Emsland Group
- The Scoular Company
- Anchor Ingredients
- Batory Foods
- Dakota Ingredients
- Cargill
- Diefenbaker Spice & Pulse
- Cosucra
- Vestkorn
- AM Nutrition
- Avena Foods
- HUA THAI
- Aminola
- Herba Ingredients
- NutriPea
- Ebro Ingredients
- Ingredion Inc.
- Emsland Group
- Coscura; Puris
- Axiom Foods, Inc.
- AGT Food & Ingredients
Segments Covered in the Report
By Source
- Lentils
- Peas
- Chickpeas
- Beans
By Application
- Food & Beverage
- Feed
- Others
By Type
- Pulse Flour
- Pulse Starch
- Pulse Protein
- Pulse Fiber & Grits
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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