Global Pulses Ingredients Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Pulses Ingredients Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global pulses ingredients market report has been segmented on the basis of type, source, application, and region.
Global Pulses Ingredients Market: Overview
Pulse ingredients are fine powdered ingredients which are obtained through various fractions of peas, lentils, and chickpeas. Pulses belong to the family of legumes (Fabaceae). Pulse ingredients are available in variety of types including starch, powder, and protein.
Global Pulses Ingredients Market: Dynamics
Pulse ingredients is a group of food and feed grade substances which serves as natural solution in order to increase nutritional value of foods without modifying or compromising aroma, flavor, color, and other related properties. In addition, good source for B vitamins variants including thiamin (B1), riboflavin (B2), and other nutrients including magnesium, potassium, calcium, and iron which aids to improve immune system, which is a major factor expected to drive growth of the global market. In addition, various health benefits associated with consumption of pulse ingredients including low-fat is a factor expected to fuel demand for such ingredients. In addition, increasing application of these ingredients in healthy snack food and other food related products including bakery and confectionery is another factor expected to augment growth of the global market. Moreover, Increasing R&D activities to offer better pulse ingredients-based food products is other factor expected to propel growth of the global market.
However, stringent FDA regulations and availability of alternatives are some of the key factors may hamper growth of the target market growth over the forecast period. In addition, fluctuating cost of pulses is another factor expected to hinder growth of the global market to a certain extent.
Global Pulses Ingredients Market: Segment Analysis
Among the type segments, the pulses flours segment is projected to account for significant shares in the global market, owing to high demand for these flours among healthy and gluten-free snack food manufacturers.
Among the source segments, the chickpeas segment is expected to register significant growth in terms of revenue over the forecast period, owing to availability of chickpeas at competitive price.
Among the application segments, the food & beverages segment is expected to register significant growth in terms of revenue, owing to increasing consumption of on-the-go healthy and organic food products.
Global Pulses Ingredients Market: Regional Analysis
Pulses ingredients market in the Asia Pacific is expected to register significant growth in terms of revenue over the forecast period, owing to strong presence of pulses ingredients manufacturers in the region. In addition, rising awareness regarding health benefits offered by pulses ingredients is one of the key factor expected to support revenue growth of the target market.
North America pulses ingredients market is projected to register significant growth in terms of CAGR over the forecast period. Increasing demand for these ingredients among health conscious population is a factor projected to fuel growth of the target market in this region.
Europe pulses ingredients market is expected to register significant growth, owing to increasing demand for pulses ingredients-based animal feed. Markets in Latin America and Middle East & Africa are expected to register steady growth during the forecast period.
Global Pulses Ingredients Market Segmentation:
Segmentation by Type:
- Pulses Starch
- Pulses Flours
- Pulses Proteins
Segmentation by Source:
Segmentation by Application:
- Food & Beverages
- Animal Feed
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Ingredion Inc.
- Emsland Group
- Roquette Frères S.A.
- The Scoular Company
- SunOpta Inc.
- Archer Daniels Midland Company
- Axiom Foods Inc.
- Diefenbaker Spice & Pulses
- Dakota Dry Bean
- Cosucra Groupe Warcoing SA
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