The global pulse ingredients market is estimated to be valued at USD 20.7 billion in 2022. It is projected to reach USD 25.9 billion by 2027, recording a CAGR of 4.6% during the forecast period. Pulse ingredients are fine-powdered materials created from the peas, lentils, and chickpeas made without the use of processing aids or chemical compounds. These are natural food and feed-grade products that are used to increase the nutritional value of foods without altering flavor, aroma, and color properties. Pulse ingredients are important components of food ingredients used in feed products including pet foods and aquaculture. The demand for protein-rich food products is very high and is a growing trend among consumers; moreover, the popularity of protein-rich food is particularly higher among diet-conscious consumers and those dealing with weight management.

Asia is projected to be the largest market in pulse ingredients market

The Asia Pacific market consists of developing countries such as India, China, Australia & New Zealand, and Japan. According to FAO, in 2018, the region accounted 49% of the global pulse production within which India contributed around 57% of the production alone. The country is one of the major pulses producing as well as consuming country in the world. The major pulse crops in India include chickpeas, peas, green gram, black gram and lentils. The regional growth is backed by the rising population, growth in disposable income, and increased consumer interest toward functional ingredients, which is expected to boost the sales of pulse ingredients.

The key players in this market include ADM (US), Roquette Frères (France), Ingredion (US), The Scoular Company (US), Axiom Foods, Inc., (US), PURIS (US), Emsland Group (Germany), AGT Food and Ingredients (Canada), Batory Foods (US), Vestkron Milling M/S (Norway), and Dakota Ingredients (US).

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The chickpea segment is expected to grow at the highest CAGR during the forecast period

Chickpeas or garbanzo beans are a good source of proteins, vitamins, minerals, carbohydrates, and include high levels of dietary fiber. According to Food and Agriculture Organization (FAO), in 2019, India was the largest producer of chickpeas with about 70% supply coming from the country. It is the third largest produced legume in South Asia after bean and pea. Desi and Kabuli are two distinct types of cultivated chickpea; the Kabuli is grown in West Asia and the Mediterranean region, whereas the desi type is grown in the Indian subcontinent. Increased consumption of chicpea and use in various food and beverage application to drive the market for the segment.

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The global pulse ingredients market size, valued at USD 20.7 billion in 2022, is projected to reach USD 25.9 billion by 2027, recording a compound annual growth rate (CAGR) of 4.6% during the forecast period. Pulse ingredients, derived from peas, lentils, and chickpeas, are fine-powdered materials produced without processing aids or chemical compounds. These natural food and feed-grade products enhance the nutritional value of foods without altering their flavor, aroma, or color.

Nutritional Value and Market Drivers

Pulse ingredients are vital in food products and animal feeds, including pet foods and aquaculture. The growing consumer demand for protein-rich food, particularly among diet-conscious individuals and those focused on weight management, has significantly driven the market for pulse-derived protein. Pulses are a rich source of proteins, making them an essential component in meeting this rising demand.

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Chickpea Segment: Leading the Pulse Ingredients Market Growth

The chickpea segment is expected to grow at the highest CAGR during the forecast period. Chickpeas, or garbanzo beans, are nutrient-dense, offering proteins, vitamins, minerals, carbohydrates, and high levels of dietary fiber. According to the Food and Agriculture Organization (FAO), India was the largest producer of chickpeas in 2019, supplying about 70% of the global demand. Chickpeas are the third most produced legume in South Asia, following beans and peas. Two main types of chickpeas are cultivated: Kabuli, grown in West Asia and the Mediterranean region, and Desi, grown in the Indian subcontinent. The increased consumption and diverse applications of chickpeas in food and beverages are expected to drive the market’s growth in this segment.

Asia: The Largest Market for Pulse Ingredients

The Asia Pacific region is projected to be the largest market for pulse ingredients. This region includes developing countries such as India, China, Australia & New Zealand, and Japan. According to the FAO, the Asia Pacific region accounted for 49% of global pulse production in 2018, with India alone contributing around 57% of this production. Major pulse crops in India include chickpeas, peas, green gram, black gram, and lentils. The regional market growth is supported by a rising population, increased disposable incomes, and growing consumer interest in functional ingredients, all of which are expected to boost sales of pulse ingredients.

Key Players in the Pulse Ingredients Market

The pulse ingredients market features several key players, including:

• ADM (US)
• Roquette Frères (France)
• Ingredion (US)
• The Scoular Company (US)
• Axiom Foods, Inc. (US)
• PURIS (US)
• Emsland Group (Germany)
• AGT Food and Ingredients (Canada)
• Batory Foods (US)
• Vestkron Milling M/S (Norway)
• Dakota Ingredients (US)

These companies are at the forefront of the market, driving innovation and meeting the growing global demand for high-quality pulse ingredients.

In summary, the pulse ingredients market is poised for significant growth, driven by increasing consumer demand for protein-rich foods and the robust production capacities in regions like Asia. With key players actively contributing to market expansion, the future of pulse ingredients looks promising.

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The global pulse ingredients market is estimated to be valued at USD 20.7 billion in 2022. It is projected to reach USD 25.9 billion by 2027, recording a CAGR of 4.6% during the forecast period.

Pulse Ingredients: Nature’s Bounty Unleashed

Pulse ingredients represent finely powdered materials derived from peas, lentils, and chickpeas, distinguished by their natural composition devoid of processing aids or chemical compounds. These food and feed-grade products serve a dual purpose, enhancing nutritional value without compromising on flavor, aroma, or color properties. Integral to various food formulations, pulse ingredients play a pivotal role in feed products including pet foods and aquaculture, aligning with the burgeoning demand for protein-rich dietary options.

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Chickpea Segment: Spearheading Growth

Among the spectrum of pulse ingredients, the chickpea segment emerges as the frontrunner, poised for exponential growth during the forecast period. Renowned for their protein content, vitamins, minerals, carbohydrates, and high dietary fiber levels, chickpeas or garbanzo beans hold sway over global markets. India, the largest producer of chickpeas as per the Food and Agriculture Organization (FAO) 2019 report, contributes approximately 70% to the global supply. This versatile legume, cultivated in distinct Desi and Kabuli varieties, enjoys widespread utilization across diverse food and beverage applications, underpinning the robust growth forecast for this segment.

Asia Pacific: Epicenter of Market Momentum

The Asia Pacific region emerges as the epicenter of pulse ingredients market momentum, fueled by a confluence of factors. Encompassing dynamic economies such as India, China, Australia, New Zealand, and Japan, this region commands a lion’s share of global pulse production. India assumes a pivotal role, contributing a staggering 57% to the region’s pulse production according to FAO 2018 statistics. Fueled by burgeoning populations, rising disposable incomes, and burgeoning consumer interest in functional ingredients, the Asia Pacific market presents fertile ground for the exponential growth of pulse ingredients.

Key Players: Pioneering Innovation

At the forefront of this burgeoning market are key players committed to pioneering innovation and driving industry evolution. Industry stalwarts such as ADM (US), Roquette Frères (France), Ingredion (US), and others are actively engaged in product diversification, strategic collaborations, and expansions to capitalize on the burgeoning demand for pulse ingredients worldwide. Their concerted efforts underscore the dynamism and promise inherent in the pulse ingredients market landscape.

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Conclusion

As consumer preferences veer towards protein-rich dietary options and functional ingredients, the pulse ingredients market stands poised for unprecedented growth. With robust projections, particularly in the chickpea segment and the Asia Pacific region, stakeholders across the value chain are primed to unlock the immense potential inherent in this burgeoning market landscape.

Introduction:

The global pulse ingredients market is witnessing remarkable growth, with an estimated valuation of USD 20.7 billion in 2022. Projections indicate a substantial uptick, reaching USD 25.9 billion by 2027, with a compound annual growth rate (CAGR) of 4.6% during the forecast period. This article explores the dynamics, trends, and key players shaping this burgeoning market.

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Understanding Pulse Ingredients:

Pulse ingredients, derived from peas, lentils, and chickpeas, are finely powdered materials crafted without the use of processing aids or chemical compounds. These natural, food-grade products play a crucial role in enhancing the nutritional value of various foods without compromising flavor, aroma, or color properties. They are integral components in both human and animal feed products, including pet foods and aquaculture.

Rising Demand for Protein-Rich Foods:

The surge in demand for protein-rich food products is a prevailing trend among consumers, especially those conscious of their diets and engaged in weight management. Pulses, recognized as rich sources of proteins, have fueled the market for pulse-derived proteins. Notably, there is a growing preference for plant-based proteins in response to the high cost of animal-sourced proteins, leading to an increased demand for alternative plant-based protein-rich food products.

Chickpeas Leading the Growth Charge:

Among pulse ingredients, the chickpea segment is poised to experience the highest CAGR during the forecast period. Renowned for being excellent sources of proteins, vitamins, minerals, and dietary fiber, chickpeas have a significant presence in global production. India, in particular, stood out as the largest producer of chickpeas in 2019, contributing to approximately 70% of the global supply. The cultivation of distinct types, such as Kabuli and Desi, further adds versatility to chickpea applications in various food and beverage segments.

Asia-Pacific Emerging as a Powerhouse:

The Asia-Pacific region is projected to emerge as the largest market for pulse ingredients. Comprising countries like India, China, Australia & New Zealand, and Japan, this region accounted for 49% of the global pulse production in 2018. India, with its substantial contributions, plays a pivotal role, being both a major producer and consumer of pulses globally. Factors such as population growth, increased disposable income, and a rising interest in functional ingredients are driving the robust sales of pulse ingredients in this region.

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Key Players in the Pulse Ingredients Market:

Leading the charge in this dynamic market are key players such as ADM, Roquette Frères, Ingredion, The Scoular Company, Axiom Foods, Inc., PURIS, Emsland Group, AGT Food and Ingredients, Batory Foods, Vestkron Milling M/S, and Dakota Ingredients.

Conclusion:

As the global pulse ingredients market continues to expand, driven by the rising demand for protein-rich foods and the versatility of chickpea applications, the Asia-Pacific region stands out as a key player. The market’s trajectory presents exciting opportunities for both industry players and consumers alike, highlighting the importance of pulse ingredients in shaping the future of the food and feed industries.

The global pulse ingredients market is on an upward trajectory, with an estimated value of USD 20.7 billion in 2022. Projections indicate that it will further surge to USD 25.9 billion by 2027, boasting a noteworthy compound annual growth rate (CAGR) of 4.6% throughout the forecast period. Pulse ingredients, derived from peas, lentils, and chickpeas without the use of processing aids or chemical compounds, have emerged as natural, food-grade products that augment the nutritional profile of various foods while preserving their flavor, aroma, and color properties. These ingredients play a pivotal role in the formulation of food and feed products, including pet foods and aquaculture feeds.

Chickpeas, also known as garbanzo beans, stand out as a significant source of proteins, vitamins, minerals, carbohydrates, and dietary fiber. According to the Food and Agriculture Organization (FAO), India held the distinction of being the largest producer of chickpeas in 2019, contributing to approximately 70% of the global supply. In South Asia, chickpeas rank as the third most cultivated legume after beans and peas. Desi and Kabuli are the two primary varieties of chickpeas, with Kabuli primarily grown in West Asia and the Mediterranean region, while the desi type is cultivated in the Indian subcontinent. The increased consumption of chickpeas, coupled with their diverse applications in the food and beverage industry, is expected to drive significant growth in this segment.

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The Asia Pacific region, encompassing countries such as India, China, Australia, New Zealand, and Japan, plays a pivotal role in the global pulse production landscape. In 2018, this region accounted for 49% of global pulse production, with India alone contributing a substantial 57% to the total production. India stands as one of the leading pulse producers and consumers globally, with prominent pulse crops including chickpeas, peas, green gram, black gram, and lentils. The region’s growth is underpinned by factors such as population growth, increasing disposable income, and heightened consumer interest in functional ingredients, all of which are poised to bolster sales within the pulse ingredients market.

Key industry players driving innovation and growth in this market include ADM (US), Roquette Frères (France), Ingredion (US), The Scoular Company (US), Axiom Foods, Inc. (US), PURIS (US), Emsland Group (Germany), AGT Food and Ingredients (Canada), Batory Foods (US), Vestkron Milling M/S (Norway), and Dakota Ingredients (US).

In this blog, we’ll delve deeper into the dynamics and factors influencing the global pulse ingredients market’s expansion and explore the regional nuances that contribute to its robust growth.