Summary

The global pulses market size reached US$ 96.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 134.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032. The increasing awareness of the health and nutritional benefits of pulses, global population growth, supply chain improvements, advancements in agricultural activities, dietary shifts and the culinary versatility of pulses are some of the major factors propelling the market.

Pulses, including lentils, chickpeas, and dry peas, are the edible seeds of legume plants. They are a significant source of plant-based protein, fiber, and essential nutrients like iron, zinc, and B-vitamins. Characterized by their low-fat content and lack of cholesterol, pulses are beneficial for heart health and can aid in regulating blood sugar levels. Their high fiber content contributes to a feeling of fullness, which can be advantageous in weight management. Additionally, pulses are environmentally sustainable, requiring less water and fertilizer compared to other protein sources. They are also capable of fixing nitrogen in the soil, thereby improving soil health.

The increasing awareness about health benefits and nutritional value is synergizing with advancements like bio-fortification and precision agriculture to propel the pulses market forward. Moreover, the growing demand for plant-based proteins and the scarcity of sustainable, nutrient-rich food sources have emphasized the need for quality pulses in the global diet. In line with this, these pulses are instrumental in enhancing dietary diversity and fulfilling essential nutrient requirements, aligning with rising consumer expectations for wholesome plant-based options. Furthermore, the expansion of e-commerce platforms and initiatives to reduce food waste are contributing to market growth. Other factors such as changing dietary patterns, the inclination towards convenient, ready-to-cook options, and an acute focus on organic and non-GMO products are bolstering the growth of the pulses across the globe.

Pulses Market Trends/Drivers:
Increasing Health Consciousness

The growing awareness of health and wellness is a key factor propelling the market growth for pulses in the country. Rich in protein, fiber, and essential nutrients, pulses are becoming the go-to choice for consumers seeking to improve their dietary habits. As rates of lifestyle diseases continue to rise, individuals are turning to pulses as a nutritious and affordable means to achieve their health goals. This growing focus on wellness makes pulses an essential element of national strategies aimed at reducing healthcare burdens and enhancing citizens' quality of life.

Governmental Support and Programs

Government initiatives aimed at encouraging sustainable agriculture and healthy eating are contributing to the pulse market's expansion. Programs that offer farmers incentives for pulse cultivation, alongside public awareness campaigns on the nutritional benefits of pulses, are leading to increased adoption of these crops. Such governmental actions not only modernize the agricultural sector but also align with international efforts aimed at promoting food security and sustainable farming practices.

Rapid Socioeconomic Changes

The country's swift economic growth and urban development are creating new opportunities for pulse-based products. As urban areas expand and lifestyles change, there is increasing demand for convenient and healthy food options. Pulses are finding their way into a range of food products, from ready-to-eat meals to fortified foods, serving both traditional and emerging consumer preferences. Their versatile nature makes them apt for diverse culinary applications, thereby matching the nation's development objectives. In addition, pulses are seen as a sustainable choice in urban planning, from community gardens to large-scale farming, aligning with the goal of building resilient and sustainable cities capable of supporting a growing population.

Pulses Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global pulses market report, along with forecasts at the global and country levels for 2024-2032. Our report has categorized the market based on type and end use.

Breakup by Type:

Chick Peas
Kaspa Peas
Lentils
Pigeon Peas
Fava Beans
Black Gram
Mung Beans
Others

Kaspa peas dominate the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes chick peas, kaspa peas, lentils, pigeon peas, fava beans, black gram, mung beans and others. According to the report, kaspa peas represented the largest segment.

Kaspa peas, also known as Kaspa beans or Lablab beans, are indeed a type of pulses that holds significance in the market. Pulses are a subgroup of legumes, and Kaspa peas are no exception. They are popular in various cuisines and are valued for their nutritional content, which includes protein, fiber, vitamins, and minerals. These yellow peas are commonly used for their creamy texture in a range of dishes, from classic pea soup to innovative plant-based protein products. They are also gaining popularity in specialized applications like gluten-free baking, where their flour form serves as an excellent alternative to traditional wheat flour. Kaspa peas offer a rich source of nutrients for specific dietary needs, such as in high-protein, low-fat meals and snacks. Innovative food tech solutions, including the development of pea-based protein powders and meat alternatives, are allowing consumers to incorporate Kaspa peas into their diets more conveniently. These trends not only provide diverse and nutritious options for consumption but also align with broader goals of sustainable and healthy living. These multiple roles solidify Kaspa peas as an essential component in modern culinary practices, reflecting market research companies' insights into evolving food trends and applications.

Breakup by End Use:

Home use
Snack Food Industry
Flour Industry

Home use holds the largest share in the market

A detailed breakup and analysis of the market based on the material has also been provided in the report. This includes home use, snack food industry and flour industry. According to the report, home use accounted for the largest market share.

Home use as an end-use segment for the pulses market is a significant and vital component of the overall pulse consumption landscape. Pulses, which include various legumes like lentils, chickpeas, and beans, have been a staple in diets across the globe for centuries. Home consumption of pulses serves as a fundamental source of nutrition and sustenance for countless households. Pulses are renowned for their high protein content, making them an essential dietary component, especially for vegetarians and vegans. They are also rich in fiber, vitamins, and minerals, contributing to a balanced and nutritious diet. Many cultures have deep-rooted traditions of incorporating pulses into their culinary heritage. This tradition has been passed down through generations, highlighting the cultural significance of pulses in home cooking.

Breakup by Country:

India
Canada
Myanmar
China
Brazil
Others

India holds the largest share in the market

A detailed breakup and analysis of the market based on the country has also been provided in the report. This includes India, Canada, Myanmar, China, Brazil, and others. According to the report, India accounted for the largest market share.

The increasing emphasis on nutritious and plant-based diets in India is acting as a significant driver for the pulses market. Concurrently, advancements in agricultural techniques are leading to higher yield varieties of pulses, thereby boosting their market availability. Additionally, the expanding middle class in the country is showing a growing preference for diverse, protein-rich foods like pulses. Online grocery platforms are also playing a role, making a wide variety of pulses more accessible to the general populace, thus positively impacting market dynamics. The rising focus on sustainable farming practices is drawing attention to pulses as they are known to enrich soil with essential nutrients, aligning with the government's sustainability objectives and enhancing the market landscape. Events such as food and agriculture expos, as well as online webinars on nutrition and sustainability, are cumulatively contributing to a vibrant growth outlook for the pulses market in India.

Competitive Landscape:
In the global pulses market, leading firms are actively employing a range of strategies to assert their market dominance and address the changing needs of consumers. These companies are heavily investing in research and development to cultivate new pulse varieties that offer enhanced nutritional profiles, shorter growing cycles, and better resistance to diseases. Collaborations with local farmers and agricultural bodies are being forged to guarantee a wide-reaching supply chain that spans multiple geographies. Additionally, comprehensive marketing efforts are underway to enlighten both consumers and industries about the health advantages and sustainability of incorporating pulses into diets and products. Some of these market leaders are even committing resources to establish or upgrade processing facilities, thus boosting local economies and providing employment opportunities. Partnerships with governmental agencies and endorsements from health organizations are solidifying their stand on adhering to quality standards and sustainable farming practices. These key players are also embracing technological advancements like blockchain for transparent sourcing and artificial intelligence for predictive yield analysis. Through a judicious mix of innovation, consumer education, strategic alliances, and sustainability initiatives, these firms are fortifying their standing in the global pulses market.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Adani Wilmar Limited.
Globeways Canada, Inc.
BroadGrain Commodities Inc.
NHC Adani Foods Limited
AGT Food and Ingredients
Louis Dreyfus
Goya Food Inc.
Recent Developments:
On August 21, 2023, shares of Adani Power saw a 5% rise, reaching a peak of Rs 321.90 on the NSE during Monday's market activity. This upward movement extended the stock's gains for a second consecutive session, after the company sold an 8.1% stake to the American investment firm GQG and other participating investors, in a transaction valued at $1.1 billion.
On September 13, 2023, AGT Food and Ingredients announced that they have entered into a pact to expedite the growth, verification, and market introduction of mutually branded functional ingredients, derived from Equinom's ultra-high protein yellow pea strains.
On July 14, 2023, the Louis Dreyfus Company (LDC) announced plans to enlarge its refining facility located in Lampung, Indonesia. This initiative is in line with the company's broader strategic objectives to venture further into downstream markets and augment income streams through specialized, value-added products.

Key Questions Answered in This Report

1. What was the size of the global pulses market in 2023?
2. What is the expected growth rate of the global pulses market during 2024-2032?
3. What are the key factors driving the global pulses market?
4. What has been the impact of COVID-19 on the global pulses market?
5. What is the breakup of the global pulses market based on the type?
6. What is the breakup of the global pulses market based on the end-use?
7. What are the key regions in the global pulses market?

ページTOPに戻る

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pulses Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Price Trends
5.5 Market Breakup by Region
5.6 Market Breakup by Type
5.7 Market Breakup by End-Use
5.8 Market Forecast
5.9 Trade Data
5.9.1 Imports by Major Countries
5.9.2 Exports by Major Countries
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.11.1 Input Suppliers
5.11.2 Farmers
5.11.3 Collectors
5.11.4 Processors
5.11.5 Distributors
5.11.6 Exporters
5.11.7 Retailers
5.11.8 End-Users
5.12 Porter’s Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1 India
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Canada
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Myanmar
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 China
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Brazil
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market by Type
7.1 Chick Peas
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Kaspa Peas
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Lentils
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Pigeon Peas
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Fava Beans
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Black Gram
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Mung Beans
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market by End-Use
8.1 Home Use
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Snack Food Industry
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Flour Industry
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Competitive Structure
9.1 Market Structure
9.2 Key Players
10 Pulses Processing
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
10.4.1 Lentils
10.4.2 Chick Peas
10.4.3 Mung Beans
10.4.4 Black Gram
10.4.5 Pigeon Peas
10.4.6 Fava Beans
10.4.7 Kaspa Peas
11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Machinery Pictures
11.5 Raw Material Requirements and Expenditures
11.6 Raw Material and Final Product Pictures
11.7 Packaging Requirements and Expenditures
11.8 Transportation Requirements and Expenditures
11.9 Utility Requirements and Expenditures
11.10 Manpower Requirements and Expenditures
11.11 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
List of Figures
Figure 1: Global: Pulses Market: Major Drivers and Challenges
Figure 2: Global: Pulses Market: Volume Trends (in Million Tons), 2018-2023
Figure 3: Global: Pulses Market: Value Trends (in Billion US$), 2018-2023
Figure 4: Global: Pulses Market: Average Prices (in US$/Ton), 2018-2023
Figure 5: Pulses Market: Price Structure
Figure 6: Global: Pulses Market: Breakup by Region (in %), 2023
Figure 7: Global: Pulses Market: Breakup by Type (in %), 2023
Figure 8: Global: Pulses Market: Breakup by End-Use (in %), 2023
Figure 9: Global: Pulses Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 10: Global: Pulses Market Forecast: Value Trends (in Billion US$), 2024-2032
Figure 11: Global: Pulses Market: Export Volume Trends (in Tons)
Figure 12: Global: Pulses Market: Breakup by Export Volume (in %)
Figure 13: Global: Pulses Market: Import Volume Trends (in Tons)
Figure 14: Global: Pulses Market: Breakup by Import Volume (in %)
Figure 15: Global: Pulses Industry: SWOT Analysis
Figure 16: Global: Pulses Industry: Value Chain Analysis
Figure 17: Global: Pulses Industry: Porter’s Five Forces Analysis
Figure 18: India: Pulses Market (in Million Tons), 2018 & 2023
Figure 19: India: Pulses Market Forecast (in Million Tons), 2024-2032
Figure 20: Canada: Pulses Market (in Million Tons), 2018 & 2023
Figure 21: Canada: Pulses Market Forecast (in Million Tons), 2024-2032
Figure 22: Myanmar: Pulses Market (in Million Tons), 2018 & 2023
Figure 23: Myanmar: Pulses Market Forecast (in Million Tons), 2024-2032
Figure 24: China: Pulses Market (in Million Tons), 2018 & 2023
Figure 25: China: Pulses Market Forecast (in Million Tons), 2024-2032
Figure 26: Brazil: Pulses Market (in Million Tons), 2018 & 2023
Figure 27: Brazil: Pulses Market Forecast (in Million Tons), 2024-2032
Figure 28: Others: Pulses Market (in Million Tons), 2018 & 2023
Figure 29: Others: Pulses Market Forecast (in Million Tons), 2024-2032
Figure 30: Global: Pulses Market: Chick Peas (in Million Tons), 2018 & 2023
Figure 31: Global: Pulses Market Forecast: Chick Peas (in Million Tons), 2024-2032
Figure 32: Global: Pulses Market: Kaspa Peas (in Million Tons), 2018 & 2023
Figure 33: Global: Pulses Market Forecast: Kaspa Peas (in Million Tons), 2024-2032
Figure 34: Global: Pulses Market: Lentils (in Million Tons), 2018 & 2023
Figure 35: Global: Pulses Market Forecast: Lentils (in Million Tons), 2024-2032
Figure 36: Global: Pulses Market: Pigeon Peas (in Million Tons), 2018 & 2023
Figure 37: Global: Pulses Market Forecast: Pigeon Peas (in Million Tons), 2024-2032
Figure 38: Global: Pulses Market: Fava Beans (in Million Tons), 2018 & 2023
Figure 39: Global: Pulses Market Forecast: Fava Beans (in Million Tons), 2024-2032
Figure 40: Global: Pulses Market: Black Gram (in Million Tons), 2018 & 2023
Figure 41: Global: Pulses Market Forecast: Black Gram (in Million Tons), 2024-2032
Figure 42: Global: Pulses Market: Mung Beans (in Million Tons), 2018 & 2023
Figure 43: Global: Pulses Market Forecast: Mung Beans (in Million Tons), 2024-2032
Figure 44: Global: Pulses Market: Other Types (in Million Tons), 2018 & 2023
Figure 45: Global: Pulses Market Forecast: Other Types (in Million Tons), 2024-2032
Figure 46: Global: Pulses Market (Home Use): Volume Trends (in Million Tons), 2018 & 2023
Figure 47: Global: Pulses Market Forecast (Home Use): Volume Trends (in Million Tons), 2024-2032
Figure 48: Global: Pulses Market (End-Use in Snack Food Industry): Volume Trends (in Million Tons), 2018 & 2023
Figure 49: Global: Pulses Market Forecast (End-Use in Snack Food Industry): Volume Trends (in Million Tons), 2024-2032
Figure 50: Global: Pulses Market (End-Use in Flour Industry): Volume Trends (in Million Tons), 2018 & 2023
Figure 51: Global: Pulses Market Forecast (End-Use in Flour Industry): Volume Trends (in Million Tons), 2024-2032
Figure 52: Global: Pulses Market (Other End-Uses): Volume Trends (in Million Tons), 2018 & 2023
Figure 53: Global: Pulses Market Forecast (Other End-Uses): Volume Trends (in Million Tons), 2024-2032
Figure 54: Pulses Processing Plant: Detailed Process Flow
Figure 55: Lentils Processing Plant: Conversion Rate of Feedstocks
Figure 56: Chick Peas Processing Plant: Conversion Rate of Feedstocks
Figure 57: Mung Beans Processing Plant: Conversion Rate of Feedstocks
Figure 58: Black Gram Processing Plant: Conversion Rate of Feedstocks
Figure 59: Pigeon Peas Processing Plant: Conversion Rate of Feedstocks
Figure 60: Fava Beans Processing Plant: Conversion Rate of Feedstocks
Figure 61: Kaspa Peas Processing Plant: Conversion Rate of Feedstocks
Figure 62: Pulses Processing Plant: Breakup of Capital Costs (in %)
Figure 63: Pulses Industry: Profit Margins at Various Levels of the Supply Chain
Figure 64: Pulses Processing Plant: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Pulses Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Pulses Market Forecast: Breakup by Region (in Million Tons), 2024-2032
Table 3: Global: Pulses Market Forecast: Breakup by Type (in Million Tons), 2024-2032
Table 4: Global: Pulses Market Forecast: Breakup by End-Use (in Million Tons), 2024-2032
Table 5: Global: Pulses Market: Export Data of Major Countries
Table 6: Global: Pulses Market: Import Data of Major Countries
Table 7: Global: Pulses Market: Competitive Structure
Table 8: Global: Pulses Market: Major Players
Table 9: Pulses Processing Plant: Costs Related to Land and Site Development (in US$)
Table 10: Pulses Processing Plant: Costs Related to Civil Works (in US$)
Table 11: Pulses Processing Plant: Costs Related to Machinery (in US$)
Table 12: Pulses Processing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (in US$/Ton)
Table 13: Pulses Processing Plant: Costs Related to Salaries and Wages (in US$)
Table 14: Pulses Processing Plant: Costs Related to Other Capital Investments (in US$)
Table 15: Details of Financial Assistance Offered by Financial Institutions
Table 16: Pulses Processing Plant: Capital Costs (in US$)
Table 17: Pulses Processing Plant: Techno-Economic Parameters
Table 18: Pulses Processing Plant: Taxation and Depreciation
Table 19: Pulses Processing Plant: Income Projections (in US$)
Table 20: Pulses Processing Plant: Expenditure Projections (in US$)
Table 21: Pulses Processing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 22: Pulses Processing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 23: Pulses Processing Plant: Profit and Loss Account (in US$)