The global “Pulse Ingredients Market: Opportunity Analysis and Future Assessment 2022-2030” issued by Reports and Insights provides authentic and first-hand data, qualitative and quantitative analysis by industry analysts, and inputs from industry experts and stakeholders across the entire chain. The research examines current market trends, macroeconomic factors, regional analysis in-depth, as well as market attractiveness by segment. The market research provides SWOT analysis of competitors comprising extraneous environment assessment and PEST study. In addition, the market analysis offers business approaches for handling with COVID-19 impact on the market.
Pulse Ingredients Market, By Function (Emulsification, Texturization, Gelation, Water-Holding, Adhesion, Film Forming, Blending), By Type (Pulse Flours, Pulse Starch, Pulse Proteins, Pulse Fibers and Grits), By Source (Lentils, Peas, Beans, Chickpeas), By Application (Food and Beverages ( Meal and Meal Centers, Snacks, Fruits and Vegetables, Soups, Sauces and Seasoning, Processed Fish, Meat and Egg Products, Bakery and Confectionery Products, Ready-to-eat & Ready-to-cook Products, Other Food Applications), Feed, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
The pulse ingredients market is estimated to reach at a value of US$ 21.4 Bn by the end of 2022 and expected to reach at a value of US$ 29.9 Bn by 2030 with a significant CAGR of 4.2%.
Pulses are basically seeds that are edible and are typically derived from plants in the legume class. Pulses flourish in various seed pods that differ in size, shape, and color. Pulses are considered rich in protein and soluble fiber as well as low in fat. In addition, pulses are also helpful in the administration of blood sugar levels and the lowering of cholesterol. Moreover, pulse ingredients are rich in vitamins and minerals like iron, zinc, and magnesium, which are healthy and advantageous to one’s well-being. Some of the pulse ingredients include chickpeas, lentils, and peas. Owing to such beneficial factors, the demand for pulse ingredients is rising with a swift pace and thus, estimated to boost the market growth in the near future.
By the same token, the growing demand from the consumers for healthy and nourishing food ingredients along with the rising interest in vegetable-based proteins is further projected to accelerate the growth of the global pulse ingredients market over the forecast period. In addition to that, pulse ingredients finds application in a wide range of food products, including sauces, soups, meals, bakery items, confectionery and snacks items. Also, pulse ingredients are available in a variety of forms, including protein, flour, and fiber. Such factors are also anticipated to offer a positive contribution to the growth of the global pulse ingredients market in the following years. Other than that, the plant-based and gluten-free products are also witnessing surging demand across the global markets along with the increasing adoption of protein-rich food products which is further projected to propose major breakthroughs to the market growth in the coming years.
Reports and Insights Study identifies some of the key participating players in the pulse ingredients market globally are Roquette Frères., Emsland Group, ADM, AGT Food and Ingredients, ANCHOR INGREDIENTS., Diefenbaker Spice & Pulse., COSUCRA., Vestkorn, Dakota Dry Bean Inc., PURIS, Axiom Materials, Inc., Avena Foods, Limited, SunOpta., Sleaford Quality Foods Ltd, USA Pulses, The Scoular Company, Batory Foods, Best Cooking Pulses, Inc., Unigrain, among others.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product developments and launches
Global Food Industry Outlook
Pulse Ingredients Adoption Rate, by Application
Top Companies Historical Growth Rate
Impact of Regulations
Advantages of Pulse Ingredients
Reports and Insights