Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 31.45 Billion |
| USD 52.84 Billion | |
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Global Pulse Ingredients Market, By Function (Emulsification, Texturization, Gelation, Water-Holding, Adhesion, Film Forming, Blending), Type (Pulse Flours, Pulse Starch, Pulse Proteins, Pulse Fibres Grits), Source (Lentils, Peas, Beans, Chickpeas), Application (Food and Beverages, Feed, Others) - Industry Trends and Forecast to 2030.
Major factors that are expected to boost the growth of the pulse ingredients market in the forecast period are the increase in the protein profile of pulse flours amplified health awareness amongst the customers. Furthermore, the growing demand for the pulse starch in different food and industrial applications and the rising popularity of protein rich food products are further anticipated to further propel the growth of the pulse ingredients market.
On the other hand, the strict international quality standards and guidelines and the unpleasant taste of the pulses are few of the factors further estimated to impede the growth of the pulse ingredients market in the timeline period. In addition, the rise in the customer preference for vegetarian and vegan diets, the advancing countries showing great potential for pulse ingredients and the increase in the demand for clean-label and gluten-free food products will further offer advantageous opportunities for the growth of the pulse ingredients market in the coming years. However, the instability in the prices of raw materials and the variations in the production of pulses might further challenge the growth of the pulse ingredients market in the near future.
Data Bridge Market Research analyzes that the pulse ingredients market which was USD 31.45 billion in 2022, is likely to reach USD 52.84 billion by 2030, and is expected to undergo a CAGR of 4.7% during the forecast period of 2023 to 2030. “Pulse Proteins” dominates the type segment of the pulse ingredients market due to rising plant-based protein demand, health trends, clean label appeal, and versatile functional properties.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Kilo Tons, Pricing in USD
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Segments Covered
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Function (Emulsification, Texturization, Gelation, Water-Holding, Adhesion, Film Forming, Blending), Type (Pulse Flours, Pulse Starch, Pulse Proteins, Pulse Fibres, Grits), Source (Lentils, Peas, Beans, Chickpeas), Application (Food and Beverages, Feed, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and the Rest of Middle East and Africa
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Market Players Covered
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Roquette Frères (France), Emsland Group (Germany), ADM (Archer Daniels Midland) (U.S.), AGT Food and Ingredients (Canada), ANCHOR INGREDIENTS (U.S.), Diefenbaker Spice & Pulse (Canada), COSUCRA (Belgium), Vestkorn (Norway), Dakota Dry Bean Inc. (U.S.), PURIS (U.S.), Axiom Materials, Inc. (U.S.), Avena Foods, Limited (Canada), SunOpta (U.S.), Sleaford Quality Foods Ltd (U.K.), USA Pulses (U.S.), The Scoular Company (U.S.), Batory Foods (U.S.), Best Cooking Pulses, Inc. (Canada), Unigrain (South Africa)
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Market Opportunities
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Market Definition
Pulses are the seeds of plants that belongs to legume family, which are edible. Pulses grow in the pods that come in various shape, sizes, and colors. Pulses do not comprise of crops which are harvested green. They are rich in protein and soluble fiber and are low in fat. It also assistances to lower the cholesterol and control blood sugar. Growing pulses endorse sustainable agriculture. As pulse crops support in decreasing of greenhouse gases and grow soil health. Pulses need less water than other crops. Dried beans, lentils and peas are most commonly known and are most consumed types of pulses.
Drivers
The increasing consumer shift toward plant-based diets is a major driver for the global pulse ingredients market. Health-conscious consumers seek sustainable and nutritious protein sources. Pulse ingredients, especially pulse proteins, align with this demand, as they offer high-quality, plant-based protein alternatives to traditional animal-based sources.
The trend toward clean label and healthy eating is driving the use of pulse ingredients in various food products. Pulses are perceived as natural and minimally processed, making them appealing to consumers seeking healthier and more transparent food options. The clean label trend bolsters the market's growth as pulse ingredients are free from artificial additives.
Pulses are often grown sustainably, requiring fewer resources compared to some other crops. As environmental concerns become more prominent, the sustainability of pulse cultivation is a significant driver for the market. In addition, pulses improve soil health, offering long-term benefits to both farmers and the environment.
Restraints
The global pulse ingredients market faces supply chain disruptions, which can limit market growth. Variability in pulse crop yields due to weather conditions and transportation difficulties can affect the availability of pulse ingredients and impact pricing.
The price of pulse ingredients, particularly pulse proteins, can experience fluctuations. This volatility may be driven by factors like crop yields, international trade policies, and currency exchange rates, creating uncertainties for manufacturers and suppliers.
Opportunities
The versatility of pulse ingredients offers an opportunity for diversification in their applications. Expanding into new product categories, such as plant-based meat alternatives, snacks, and beverages, presents a significant growth opportunity. Pulse ingredients can serve as foundational elements in these innovations.
As consumer awareness of plant-based diets and clean label products grows, emerging markets present opportunities for market expansion. Regions with high population growth and increased disposable income, such as Asia and Latin America, provide fertile ground for introducing pulse-based food products.
Challenges
While pulse ingredients offer nutritional benefits, there can be taste and texture challenges when used in certain food applications. Overcoming these challenges, particularly in products where sensory attributes are crucial, is a significant hurdle for manufacturers.
The market for plant-based proteins, including pulse ingredients, is becoming increasingly competitive. Manufacturers must navigate the challenge of differentiation and product innovation to stand out in a crowded marketplace. This involves developing unique formulations, flavors, and functional properties to meet consumer expectations and maintain a competitive edge.
This pulse ingredients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pulse ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
The pulse ingredients market is segmented on the basis of function, type, source, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Function
Type
Source
Application
The pulse ingredients market is analysed and market size insights and trends are provided by country, function, type, source, and application are referenced above.
The countries covered in the pulse ingredients market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and the rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific in Asia-Pacific, and U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and the rest of the Middle East and Africa in Middle East and Africa.
Asia-Pacific is expected to dominate the pulse ingredients market due to the increase in the disposable incomes and trends of urbanization. Furthermore, the increasing of consumers awareness regarding the health. In addition, the augmented influence of western lifestyles amongst the customers, and growth in popularity of convenience foods in this region during the forecast period. Asia-Pacific is expected to witness the fastest growth during the forecast period owing to the higher per capita consumption of baked goods, and the occurrence of key players will further boost the growth of the pulse ingredients market in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
The pulse ingredients market competitive landscape provides details by competitors. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the pulse ingredients market.
Some of the major players operating in the pulse ingredients market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Pulse Ingredients Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Pulse Ingredients Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.