Summary

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. The market for pulse ingredients has a positive outlook at a global level due to the rising demand for pulse ingredients due to their associated health benefits. The market is estimated to grow significantly over the next five years. North America and Asia contributed to a significant share of the overall pulse ingredients market. Asia Pacific is the fastest-growing market, among all the regions.

“The pulse ingredients market, based on source, is estimated to be dominated by pea segment during the forecast period”.
Peas serve as a source of minerals such as iron, zinc, magnesium, and phosphorus that aid in promoting good health. Since fresh peas are seasonal, dried peas are used in several food processing applications as they are available throughout the year. Pea-derived ingredients such as pea starches, pea proteins, and pea flours are being used as the main ingredients in a growing number of products such as bakery products, confectionery products, snacks, soups & sauces, pasta & noodles, and dairy products. The usage of pea starch has rapidly evolved in the past years, which has contributed significantly to the food & beverage, pet food, textile, and pharmaceutical industrial applications. Emsland Group (Germany) is one of the leading players offering pea starch, pea protein, and pea fiber with application in food products such as meat, poultry, fish & seafood, and snacks.

“The pulse ingredients market, based on type, is projected to be dominated by flour segment ”.
Pulses are the nitrogen-fixing crops that reduce the need for chemical fertilization and improve environmental sustainability. Pulse flour is produced from the hull of pulses, such as chickpeas, peas, beans, and lentils. These flours provide nutritional benefits such as protein fortification, dietary fiber enrichment, and low-calorie formulation as well as yield improvement in various food products. Players like Blue Ribbon Group, Anchor Ingredients etc. are offering a range of pulse flour including peas flour, lentils flour, chickpeas flour, beans flours etc. to the market consumer.


“North America to account for second largest share during the forecast period.”
Growth in the population of health-conscious consumers has fueled the demand for food products that have a high content of protein and fiber. This has compelled manufacturers to incorporate ingredients made of pulses in order to cater to the consumers’ requirements. As consumers seek healthier alternatives to everyday foods, more and more snacks are being reformulated to contain pulse ingredients. In fact, 7% of all snack food launches in North America in 2020 contained pulses including peas, lentils, chickpeas and beans. Pulses are gluten-free, nutrient-dense, plant-based ingredients that contribute to an improved sustainability profile in snack foods and extruded products. For example, breakfast cereal reformulated to include 15% Canadian pea flour or Canadian lentil flour had improved Nutrient Balance Scores and greenhouse gas emissions.

Break-up of Primaries:
 By Company: Tier 1 – 40%, Tier 2 – 35%, Tier 3 – 25%
 By Designation: Managers – 25%, D-Level- 30%, and C-Level- 45%
 By Region: Europe - 30%, Asia Pacific – 35%, North America - 25%, RoW – 10%

Leading players profiled in this report:
• 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)

Research Coverage:
The report segments the pulse ingredients market on the basis of type, application, source and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global pulse ingredients market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
• To get a comprehensive overview of the pulse ingredients market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the pulse ingredients market is flourishing

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Table of Contents

1 INTRODUCTION 22
1.1 STUDY OBJECTIVES 22
1.2 MARKET DEFINITION 22
1.3 STUDY SCOPE 23
FIGURE 1 PULSE INGREDIENTS MARKET SEGMENTATION 23
1.3.1 INCLUSIONS AND EXCLUSIONS 24
1.3.2 REGIONAL SEGMENTATION 25
1.3.3 YEARS CONSIDERED 25
1.4 CURRENCY CONSIDERED 26
TABLE 1 US DOLLAR EXCHANGE RATES CONSIDERED, 2019–2021 26
1.5 UNIT CONSIDERED 26
1.6 STAKEHOLDERS 26
1.7 SUMMARY OF CHANGES 27
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
FIGURE 2 PULSE INGREDIENTS MARKET: RESEARCH DESIGN 28
2.1.1 SECONDARY DATA 29
2.1.1.1 Key data from secondary sources 29
2.1.2 PRIMARY DATA 30
2.1.2.1 Key industry insights 30
2.1.2.2 Breakdown of primaries 30
2.2 MARKET SIZE ESTIMATION 31
FIGURE 3 PULSE INGREDIENTS MARKET ESTIMATION, BY TYPE (SUPPLY-SIDE) 32
FIGURE 4 PULSE INGREDIENTS MARKET ESTIMATION (DEMAND-SIDE) 32
2.2.1 BOTTOM-UP APPROACH 33
FIGURE 5 PULSE INGREDIENTS MARKET: BOTTOM-UP APPROACH 33
2.2.2 TOP-DOWN APPROACH 34
FIGURE 6 PULSE INGREDIENTS MARKET: TOP-DOWN APPROACH 34
2.3 DATA TRIANGULATION 35
FIGURE 7 DATA TRIANGULATION 35
2.4 RESEARCH ASSUMPTIONS 36
2.5 RESEARCH LIMITATIONS AND ASSOCIATED RISKS 37
 
3 EXECUTIVE SUMMARY 38
TABLE 2 PULSE INGREDIENTS MARKET SNAPSHOT, 2022 VS. 2027 38
FIGURE 8 PULSE FLOURS SEGMENT TO DOMINATE MARKET, BY TYPE, 2022 VS. 2027 39
FIGURE 9 CHICKPEAS SEGMENT TO DOMINATE MARKET, BY SOURCE, DURING FORECAST PERIOD 39
FIGURE 10 FOOD & BEVERAGES SEGMENT TO DOMINATE MARKET, BY APPLICATION, DURING FORECAST PERIOD 40
FIGURE 11 PULSE INGREDIENTS MARKET SHARE, BY REGION, 2021 41
4 PREMIUM INSIGHTS 42
4.1 OVERVIEW OF PULSE INGREDIENTS MARKET 42
FIGURE 12 GROWING ADOPTION OF PLANT-BASED ALTERNATIVES AND INCREASING HEALTH COGNIZANCE AMONG CONSUMERS TO DRIVE MARKET GROWTH 42
4.2 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY APPLICATION AND COUNTRY 43
FIGURE 13 INDIA ACCOUNTED FOR LARGEST SHARE IN ASIA PACIFIC MARKET IN 2021 43
4.3 PULSE INGREDIENTS MARKET, BY TYPE AND REGION 44
FIGURE 14 ASIA PACIFIC TO DOMINATE MARKET FOR PULSE INGREDIENTS, 2022 VS. 2027 44
4.4 PULSE INGREDIENTS MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION) 45
FIGURE 15 FOOD & BEVERAGES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 45
4.5 PULSE INGREDIENTS MARKET: MAJOR REGIONAL SUBMARKETS 45
FIGURE 16 INDIA TO BE LARGEST MARKET GLOBALLY FOR PULSE INGREDIENTS IN 2021 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
FIGURE 17 CONSUMER PRICE INDEX FOR FOOD AND NON-ALCOHOLIC BEVERAGES, PERCENTAGE CHANGE, 2018–2021 47
5.2 MARKET DYNAMICS 48
FIGURE 18 PULSE INGREDIENTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 48
5.2.1 DRIVERS 48
5.2.1.1 High protein profile of pulse ingredients increases popularity as healthy option 48
5.2.1.2 Increased health-consciousness among consumers drives market growth 49
5.2.1.3 Pulse ingredients increasingly used in food & beverage applications 50
5.2.1.4 Growing popularity of protein-rich food products 50
5.2.1.5 Increase in consumer appetite for vegan diets 51
FIGURE 19 UK: VEGAN POPULATION, 2014–2018 52
5.2.1.6 Allergen-free nature of pulses 52
5.2.2 RESTRAINTS 52
5.2.2.1 Stringent international quality standards and regulations 52
5.2.2.2 Unpleasant flavor of pulses 53
 
5.2.3 OPPORTUNITIES 53
5.2.3.1 Rise in lactose intolerance increased pulse ingredients usage as dairy alternatives 53
FIGURE 20 GLOBAL PREVALENCE OF LACTOSE INTOLERANCE BY COUNTRY, 2017 54
5.2.3.2 Role of pulse ingredients in feed industry 54
5.2.3.3 Rising demand for sustainable, clean-label, and gluten-free food products 55
5.2.4 CHALLENGES 56
5.2.4.1 Volatility in raw material price 56
5.2.4.2 Fluctuations in pulse production 56
FIGURE 21 DISTRICT, NUMBER OF STATES, AND DISTRICT PMT IN NFSM STATES (PULSE), 2019–2020 57
FIGURE 22 PRODUCTION OF PULSES IN INDIA FROM 2016 TO 2019 (‘000 TONS) 57
6 INDUSTRY TRENDS 58
6.1 INTRODUCTION 58
6.2 VALUE CHAIN 58
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT 58
6.2.2 RAW MATERIAL SOURCING 59
6.2.3 PRODUCTION & PROCESSING 59
6.2.4 DISTRIBUTION 59
6.2.5 MARKETING & SALES 59
FIGURE 23 VALUE CHAIN ANALYSIS OF PULSE INGREDIENTS MARKET 59
6.3 SUPPLY CHAIN ANALYSIS 60
FIGURE 24 PULSE INGREDIENTS MARKET: SUPPLY CHAIN 60
6.4 MARKET MAPPING AND ECOSYSTEM OF PULSE INGREDIENTS 60
6.4.1 DEMAND-SIDE 60
6.4.2 SUPPLY-SIDE 60
FIGURE 25 PULSE INGREDIENTS: MARKET MAP 61
6.4.3 ECOSYSTEM MAP 61
TABLE 3 PULSE INGREDIENTS MARKET: ECOSYSTEM 61
6.5 TECHNOLOGY ANALYSIS 63
6.5.1 EXTRUSION 63
6.5.2 MICRONIZATION 63
6.5.3 FRACTIONATION 64
6.6 PRICING ANALYSIS 64
FIGURE 26 AVERAGE SELLING PRICE IN KEY REGIONS, BY SOURCE,
2018–2021 (USD/KG) 64
TABLE 4 CHICKPEAS: AVERAGE SELLING PRICE (ASP), BY REGION,
2018–2021 (USD/KG) 64
TABLE 5 PEAS: AVERAGE SELLING PRICE (ASP), BY REGION, 2018–2021 (USD/KG) 65
TABLE 6 BEANS: AVERAGE SELLING PRICE (ASP), BY REGION, 2018–2021 (USD/KG) 65
TABLE 7 LENTILS: AVERAGE SELLING PRICE (ASP), BY REGION, 2018–2021 (USD/KG) 65
 
6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 66
6.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PULSE INGREDIENTS MARKET 66
FIGURE 27 REVENUE SHIFT IMPACTING PULSE INGREDIENTS MARKET 66
6.8 PULSE INGREDIENTS MARKET: PATENT ANALYSIS 67
FIGURE 28 NUMBER OF PATENTS GRANTED FOR PULSE INGREDIENTS MARKET, 2011–2021 67
TABLE 8 TOP PATENT APPLICANTS FOR PULSE INGREDIENTS MARKET, 2019–2022 68
FIGURE 29 TOP PATENT APPLICANTS IN PULSE INGREDIENTS MARKET, 2019–2022 69
FIGURE 30 REGIONAL ANALYSIS OF PATENTS GRANTED FOR PULSE INGREDIENTS MARKET, 2019–2022 69
6.8.1 LIST OF MAJOR PATENTS 70
TABLE 9 LIST OF A FEW PATENTS IN PULSE INGREDIENTS MARKET, 2019–2022 70
6.9 TRADE ANALYSIS: PULSE INGREDIENTS MARKET 71
6.9.1 EXPORT SCENARIO OF PULSES 71
FIGURE 31 PULSES EXPORT, BY KEY COUNTRY, 2017–2021 (USD THOUSAND) 71
TABLE 10 EXPORT DATA OF PULSES FOR KEY COUNTRIES, 2021 (VALUE AND VOLUME) 72
6.9.2 IMPORT SCENARIO OF PULSES 73
FIGURE 32 PULSES IMPORT, BY KEY COUNTRY, 2017–2021 (USD THOUSAND) 73
TABLE 11 IMPORT DATA OF PULSES FOR KEY COUNTRIES, 2021 (VALUE AND VOLUME) 73
6.9.3 EXPORT SCENARIO OF PULSE FLOUR 74
FIGURE 33 PULSE FLOUR EXPORT, BY KEY COUNTRY, 2017–2021 (USD THOUSAND) 74
TABLE 12 EXPORT DATA OF PULSE FLOUR FOR KEY COUNTRIES, 2021 (VALUE AND VOLUME) 75
6.9.4 IMPORT SCENARIO OF PULSE FLOUR 76
FIGURE 34 PULSE FLOUR IMPORT, BY KEY COUNTRY, 2017–2021 (USD THOUSAND) 76
TABLE 13 IMPORT DATA OF PULSE FLOUR FOR KEY COUNTRIES, 2021 (VALUE AND VOLUME) 76
6.10 CASE STUDIES: PULSE INGREDIENTS MARKET 77
6.10.1 INGREDION: PULSE PEA PROTEIN ISOLATES FOR DAIRY ALTERNATIVES 77
6.10.2 ROQUETTE FRÈRES: ORGANIC RANGE OF TEXTURED PEA PROTEIN 77
6.11 KEY CONFERENCES AND EVENTS, 2022–2023 78
TABLE 14 KEY CONFERENCES AND EVENTS IN PULSE INGREDIENTS MARKET 78
6.12 TARIFF AND REGULATORY LANDSCAPE 79
6.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 80
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 80
TABLE 18 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
 
6.12.2 REGULATORY FRAMEWORK 81
6.12.3 NORTH AMERICA 84
6.12.4 EUROPE 84
6.12.5 ASIA PACIFIC 86
6.12.6 ROW 87
6.13 PORTER’S FIVE FORCES ANALYSIS 88
TABLE 19 PULSE INGREDIENTS MARKET: PORTER’S FIVE FORCES ANALYSIS 88
6.13.1 DEGREE OF COMPETITION 88
6.13.2 BARGAINING POWER OF SUPPLIERS 89
6.13.3 BARGAINING POWER OF BUYERS 89
6.13.4 THREAT OF SUBSTITUTES 89
6.13.5 THREAT OF NEW ENTRANTS 90
6.14 KEY STAKEHOLDERS AND BUYING CRITERIA 90
6.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 90
6.14.2 KEY STAKEHOLDERS IN BUYING PROCESS 90
FIGURE 35 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP APPLICATIONS 90
TABLE 20 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP
APPLICATIONS (%) 91
6.14.3 BUYING CRITERIA 91
FIGURE 36 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR 91
TABLE 21 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR 91
7 PULSE INGREDIENTS MARKET, BY TYPE 92
7.1 INTRODUCTION 93
FIGURE 37 PULSE FLOURS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 93
TABLE 22 PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 93
TABLE 23 PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 94
7.2 PULSE FLOURS 94
7.2.1 HIGH PROTEIN PROFILE OF PULSES AND DEMAND FOR HEALTHY FOOD PRODUCTS DRIVE PULSE FLOUR GROWTH 94
TABLE 24 PULSE FLOURS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 94
TABLE 25 PULSE FLOURS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 95
7.3 PULSE STARCHES 95
7.3.1 VERSATILITY OF PEA STARCH BOOSTS POPULARITY AMONG FOOD & BEVERAGE MANUFACTURERS 95
TABLE 26 PULSE STARCHES: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 95
TABLE 27 PULSE STARCHES: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 96
 
7.4 PULSE PROTEINS 96
7.4.1 RISING POPULATION AND CHANGING SOCIO-DEMOGRAPHICS BOOST DEMAND FOR RESOURCES PROVIDING DIFFERENT FOOD TYPES 96
TABLE 28 PULSE PROTEINS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 96
TABLE 29 PULSE PROTEINS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 97
7.5 PULSE FIBERS & GRITS 97
7.5.1 USE OF PULSE FIBERS AS FOOD GRADE ADDITIVE INCREASES DIETARY FIBER CONTENT WITHOUT ALTERING FLAVOR AND AROMA 97
TABLE 30 PULSE FIBERS & GRITS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 97
TABLE 31 PULSE FIBERS & GRITS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 98
8 PULSE INGREDIENTS MARKET, BY SOURCE 99
8.1 INTRODUCTION 100
FIGURE 38 CHICKPEAS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 100
TABLE 32 PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (USD MILLION) 100
TABLE 33 PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 101
TABLE 34 PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (KT) 101
TABLE 35 PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (KT) 101
8.2 LENTILS 101
8.2.1 LENTIL FLOUR USED IN BAKERIES AS ADDITIONAL PROTEIN SOURCE BOOSTS DEMAND 101
TABLE 36 LENTILS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 102
TABLE 37 LENTILS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 102
TABLE 38 LENTILS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (KT) 102
TABLE 39 LENTILS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (KT) 102
8.3 PEAS 103
8.3.1 HIGH PROTEIN CONTENT COMBINED WITH EXCELLENT FUNCTIONALITY, SUSTAINABILITY, AND AFFORDABILITY TO STIMULATE DEMAND FOR PEA INGREDIENTS 103
TABLE 40 PEAS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 103
TABLE 41 PEAS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 103
TABLE 42 PEAS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (KT) 104
TABLE 43 PEAS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (KT) 104
8.4 CHICKPEAS 104
8.4.1 HEALTH BENEFITS OF CHICKPEA FLOUR TO MAKE IT POPULAR AMONG FOOD & BEVERAGE MANUFACTURERS 104
TABLE 44 CHICKPEAS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 105
TABLE 45 CHICKPEAS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 105
TABLE 46 CHICKPEAS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (KT) 105
TABLE 47 CHICKPEAS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (KT) 105
8.5 BEANS 106
TABLE 48 BEANS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 106
TABLE 49 BEANS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 106
TABLE 50 BEANS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (KT) 107
TABLE 51 BEANS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (KT) 107
9 PULSE INGREDIENTS MARKET, BY APPLICATION 108
9.1 INTRODUCTION 109
FIGURE 39 FOOD & BEVERAGES SEGMENT ACCOUNTS FOR LARGEST MARKET SIZE BY 2027 109
TABLE 52 PULSE INGREDIENTS MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 109
TABLE 53 PULSE INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 110
9.2 FOOD & BEVERAGES 110
TABLE 54 FOOD & BEVERAGES: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 111
TABLE 55 FOOD & BEVERAGES: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 111
TABLE 56 FOOD & BEVERAGES: PULSE INGREDIENTS MARKET, BY SUB-APPLICATION, 2016–2021 (USD MILLION) 111
TABLE 57 FOOD & BEVERAGES: PULSE INGREDIENTS MARKET, BY SUB-APPLICATION, 2022–2027 (USD MILLION) 112
9.2.1 MEALS & MEAT ANALOGS 112
9.2.1.1 Changes in consumption patterns and low preference for meat in diets drive demand 112
9.2.2 SNACKS 112
9.2.2.1 North America offers opportunities to use pulse ingredients in well-established snacks, noodles, and pasta industries 112
9.2.3 FRUITS AND VEGETABLES 113
9.2.3.1 Fruit purees with pulse proteins gaining traction in market 113
9.2.4 SOUPS, SAUCES, AND SEASONING 113
9.2.4.1 Pulse ingredients used as replacement for potato and corn starch in soups and sauces 113
9.2.5 PROCESSED FISH, MEAT, AND EGG PRODUCTS 113
9.2.5.1 Pulse components used as egg substitute drive demand 113
9.2.6 BAKERY & CONFECTIONERY 114
9.2.6.1 Health-conscious consumers drive demand for pulse ingredients in bakery & confectionery 114
9.2.7 BEVERAGES 114
9.2.7.1 Plant-based beverages gaining popularity among health-conscious people 114
9.2.8 OTHER FOOD & BEVERAGES 114
9.3 FEED 115
9.3.1 PULSE INGREDIENTS AS FUNCTIONAL BINDERS FOR AQUACULTURE FEED PELLETS BOOSTING MARKET GROWTH 115
TABLE 58 FEED: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 115
TABLE 59 FEED: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 116
9.4 OTHER APPLICATIONS 116
TABLE 60 OTHER APPLICATIONS: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 116
TABLE 61 OTHER APPLICATIONS: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 116
10 PULSE INGREDIENTS MARKET, BY REGION 117
10.1 INTRODUCTION 118
FIGURE 40 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 119
FIGURE 41 GEOGRAPHIC SNAPSHOT: MARKETS IN EUROPE TO EMERGE AS NEW HOT SPOTS 119
TABLE 62 PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 120
TABLE 63 PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 120
TABLE 64 PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (KT) 120
TABLE 65 PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (KT) 120
10.2 NORTH AMERICA 121
TABLE 66 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY COUNTRY, 2016–2021 (USD MILLION) 121
TABLE 67 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 121
TABLE 68 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 122
TABLE 69 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 122
TABLE 70 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 122
TABLE 71 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 122
TABLE 72 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (USD MILLION) 123
TABLE 73 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 123
TABLE 74 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY SOURCE,
2016–2021 (KT) 123
TABLE 75 NORTH AMERICA: PULSE INGREDIENTS MARKET, BY SOURCE,
2022–2027 (KT) 123
10.2.1 US 124
10.2.1.1 Widespread use of pulses in various food applications to be major market growth factor 124
TABLE 76 US: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 124
TABLE 77 US: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 125
10.2.2 CANADA 125
10.2.2.1 Increased consumption of pulses to boost market growth 125
TABLE 78 CANADA: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 126
TABLE 79 CANADA: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 126
10.2.3 MEXICO 127
10.2.3.1 Demand for healthy processed food products providing good nutritional value at reasonable price to drive market 127
TABLE 80 MEXICO: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 127
TABLE 81 MEXICO: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 127
10.3 EUROPE 128
FIGURE 42 MARKET SNAPSHOT: EUROPE PULSE INGREDIENTS MARKET 129
TABLE 82 EUROPE: PULSE INGREDIENTS MARKET, BY COUNTRY, 2016–2021 (USD MILLION) 130
TABLE 83 EUROPE: PULSE INGREDIENTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 130
TABLE 84 EUROPE: PULSE INGREDIENTS MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 130
TABLE 85 EUROPE: PULSE INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 131
TABLE 86 EUROPE: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 131
TABLE 87 EUROPE: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 131
TABLE 88 EUROPE: PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (USD MILLION) 131
TABLE 89 EUROPE: PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 132
TABLE 90 EUROPE: PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (KT) 132
TABLE 91 EUROPE: PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (KT) 132
10.3.1 UK 132
10.3.1.1 UK government measures to improve national health profiles create opportunities for food & beverage manufacturers using pulse ingredients in products 132
TABLE 92 UK: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 133
TABLE 93 UK: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 133
10.3.2 FRANCE 134
10.3.2.1 Imported feed as alternative for economic and environmental reasons creates opportunity for using pulse ingredients in feed 134
TABLE 94 FRANCE: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 134
TABLE 95 FRANCE: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 134
10.3.3 SPAIN 135
10.3.3.1 Increased awareness of consumption and limited domestic supply of dry beans create opportunities for pulse ingredients import 135
TABLE 96 SPAIN: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 135
TABLE 97 SPAIN: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 136
10.3.4 GERMANY 136
10.3.4.1 Use of pulse starches, proteins, and fibers by food manufacturers in production of food products to meet demand from consumers for clean-label products 136
TABLE 98 GERMANY: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 137
TABLE 99 GERMANY: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 137
10.3.5 ITALY 137
10.3.5.1 Changing consumer lifestyles toward vegan to boost market growth 137
TABLE 100 ITALY: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 138
TABLE 101 ITALY: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 138
10.3.6 REST OF EUROPE 138
TABLE 102 REST OF EUROPE: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 138
TABLE 103 REST OF EUROPE: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 139
10.4 ASIA PACIFIC 139
FIGURE 43 MARKET SNAPSHOT: ASIA PACIFIC PULSE INGREDIENTS MARKET 140
TABLE 104 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY COUNTRY, 2016–2021 (USD MILLION) 141
TABLE 105 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 141
TABLE 106 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 141
TABLE 107 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 142
TABLE 108 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 142
TABLE 109 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 142
TABLE 110 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (USD MILLION) 142
TABLE 111 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 143
TABLE 112 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (KT) 143
TABLE 113 ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (KT) 143
10.4.1 CHINA 144
10.4.1.1 Consumers shift toward healthier food options amid growing health concerns benefiting market 144
TABLE 114 CHINA: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 144
TABLE 115 CHINA: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 144
10.4.2 INDIA 145
10.4.2.1 Use of pulse ingredients by food & beverage industries to stimulate demand 145
TABLE 116 INDIA: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 145
TABLE 117 INDIA: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 145
10.4.3 JAPAN 146
10.4.3.1 Large geriatric population base to be key factor for market growth 146
TABLE 118 JAPAN: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 146
TABLE 119 JAPAN: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 146
10.4.4 AUSTRALIA AND NEW ZEALAND 147
10.4.4.1 Abundant pulse production boosts use of pulses in food & beverage applications 147
TABLE 120 AUSTRALIA AND NEW ZEALAND: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 147
TABLE 121 AUSTRALIA AND NEW ZEALAND: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 147
10.4.5 REST OF ASIA PACIFIC 148
TABLE 122 REST OF ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 148
TABLE 123 REST OF ASIA PACIFIC: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 148
10.5 REST OF THE WORLD 149
TABLE 124 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY REGION, 2016–2021 (USD MILLION) 149
TABLE 125 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 149
TABLE 126 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 149
TABLE 127 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 150
TABLE 128 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 150
TABLE 129 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 150
TABLE 130 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (USD MILLION) 151
TABLE 131 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 151
TABLE 132 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY SOURCE, 2016–2021 (KT) 151
TABLE 133 REST OF THE WORLD: PULSE INGREDIENTS MARKET, BY SOURCE, 2022–2027 (KT) 152
10.5.1 SOUTH AMERICA 152
10.5.1.1 Food processing industry positively affects South American market 152
TABLE 134 SOUTH AMERICA: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 152
TABLE 135 SOUTH AMERICA: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 153
10.5.2 MIDDLE EAST 153
10.5.2.1 Industrial growth and rising middle-class population led to increased demand for healthy food & beverage options by high-spending customers 153
TABLE 136 MIDDLE EAST: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 153
TABLE 137 MIDDLE EAST: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 153
10.5.3 AFRICA 154
10.5.3.1 Increasing middle-class population opting for healthy options drives market demand 154
TABLE 138 AFRICA: PULSE INGREDIENTS MARKET, BY TYPE, 2016–2021 (USD MILLION) 154
TABLE 139 AFRICA: PULSE INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 154
11 COMPETITIVE LANDSCAPE 155
11.1 OVERVIEW 155
11.2 MARKET SHARE ANALYSIS, 2021 155
TABLE 140 PULSE INGREDIENTS MARKET: DEGREE OF COMPETITION (COMPETITIVE) 156
11.3 KEY PLAYER STRATEGIES 156
TABLE 141 STRATEGIES ADOPTED BY KEY PULSE INGREDIENTS MANUFACTURERS 156
11.4 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 158
FIGURE 44 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET, 2017–2021 (USD MILLION) 158
11.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 159
11.5.1 STARS 159
11.5.2 EMERGING LEADERS 159
11.5.3 PERVASIVE PLAYERS 159
11.5.4 PARTICIPANTS 160
FIGURE 45 PULSE INGREDIENTS MARKET: COMPANY EVALUATION QUADRANT, 2021 (KEY PLAYERS) 160
11.5.5 PRODUCT FOOTPRINT 161
TABLE 142 COMPANY FOOTPRINT, BY SOURCE 161
TABLE 143 COMPANY FOOTPRINT, BY TYPE 162
TABLE 144 COMPANY FOOTPRINT, BY REGION 163
TABLE 145 OVERALL COMPANY FOOTPRINT 164
11.6 PULSE INGREDIENTS MARKET: EVALUATION QUADRANT FOR STARTUPS/SMES, 2021 165
11.6.1 PROGRESSIVE COMPANIES 165
11.6.2 STARTING BLOCKS 165
11.6.3 RESPONSIVE COMPANIES 165
11.6.4 DYNAMIC COMPANIES 165
FIGURE 46 PULSE INGREDIENTS MARKET: COMPANY EVALUATION QUADRANT, 2021 (STARTUPS/SMES) 166
11.6.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 167
TABLE 146 PULSE INGREDIENTS MARKET: DETAILED LIST OF KEY STARTUP/SMES 167
TABLE 147 PULSE INGREDIENTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES 168
11.7 PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS 169
11.7.1 PRODUCT LAUNCHES 169
TABLE 148 PULSE INGREDIENTS: PRODUCT LAUNCHES, 2019–2022 169
11.7.2 DEALS 170
TABLE 149 PULSE INGREDIENTS: DEALS, 2019–2022 170
11.7.3 OTHERS 172
TABLE 150 PULSE INGREDIENTS: OTHERS, 2019–2022 172
12 COMPANY PROFILES 173
12.1 INTRODUCTION 173
(Business overview, Products offered, Recent developments & MnM View)*
12.2 KEY PLAYERS 173
12.2.1 INGREDION 173
TABLE 151 INGREDION: BUSINESS OVERVIEW 174
FIGURE 47 INGREDION: COMPANY SNAPSHOT 174
TABLE 152 INGREDION: PRODUCTS OFFERED 175
TABLE 153 INGREDION: PRODUCT LAUNCHES 175
TABLE 154 INGREDION: DEALS 176
TABLE 155 INGREDION: OTHERS 177
12.2.2 ROQUETTE FRÈRES 178
TABLE 156 ROQUETTE FRÈRES: BUSINESS OVERVIEW 178
TABLE 157 ROQUETTE FRÈRES: PRODUCTS OFFERED 178
TABLE 158 ROQUETTE FRÈRES: PRODUCT LAUNCHES 179
TABLE 159 ROQUETTE FRÈRES: DEALS 179
TABLE 160 ROQUETTE FRÈRES: OTHERS 180
12.2.3 EMSLAND GROUP 181
TABLE 161 EMSLAND GROUP: BUSINESS OVERVIEW 181
FIGURE 48 EMSLAND GROUP: COMPANY SNAPSHOT 181
TABLE 162 EMSLAND GROUP: PRODUCTS OFFERED 182
TABLE 163 EMSLAND GROUP: DEALS 182
12.2.4 ADM 184
TABLE 164 ADM: BUSINESS OVERVIEW 184
FIGURE 49 ADM: COMPANY SNAPSHOT 185
TABLE 165 ADM: PRODUCTS OFFERED 185
TABLE 166 ADM: DEALS 186
TABLE 167 ADM: OTHERS 186
12.2.5 CARGILL, INCORPORATED 188
TABLE 168 CARGILL, INCORPORATED: BUSINESS OVERVIEW 188
FIGURE 50 CARGILL, INCORPORATED: COMPANY SNAPSHOT 188
TABLE 169 CARGILL, INCORPORATED: PRODUCTS OFFERED 189
TABLE 170 CARGILL, INCORPORATED: PRODUCT LAUNCHES 189
TABLE 171 CARGILL, INCORPORATED: DEALS 189
TABLE 172 CARGILL, INCORPORATED: OTHERS 190
12.2.6 THE SCOULAR COMPANY 191
TABLE 173 THE SCOULAR COMPANY: BUSINESS OVERVIEW 191
TABLE 174 THE SCOULAR COMPANY: PRODUCTS OFFERED 191
TABLE 175 THE SCOULAR COMPANY: OTHERS 192
12.2.7 AGT FOOD AND INGREDIENTS 193
TABLE 176 AGT FOOD AND INGREDIENTS: BUSINESS OVERVIEW 193
TABLE 177 AGT FOOD AND INGREDIENTS: PRODUCTS OFFERED 194
12.2.8 BATORY FOODS 195
TABLE 178 BATORY FOODS: BUSINESS OVERVIEW 195
TABLE 179 BATORY FOODS: PRODUCTS OFFERED 195
12.2.9 DIEFENBAKER SPICE & PULSE 196
TABLE 180 DIEFENBAKER SPICE & PULSE: BUSINESS OVERVIEW 196
TABLE 181 DIEFENBAKER SPICE & PULSE: PRODUCTS OFFERED 196
12.2.10 COSUCRA 198
TABLE 182 COSUCRA: BUSINESS OVERVIEW 198
TABLE 183 COSUCRA: PRODUCTS OFFERED 198
TABLE 184 COSUCRA: PRODUCT LAUNCHES 199
TABLE 185 COSUCRA: OTHERS 199
12.2.11 VESTKORN MILLING AS 200
TABLE 186 VESTKORN MILLING AS: BUSINESS OVERVIEW 200
TABLE 187 VESTKORN MILLING AS: PRODUCTS OFFERED 200
12.2.12 DAKOTA INGREDIENTS 202
TABLE 188 DAKOTA INGREDIENTS: BUSINESS OVERVIEW 202
TABLE 189 DAKOTA INGREDIENTS: PRODUCTS OFFERED 202
12.2.13 PURIS 203
TABLE 190 PURIS: BUSINESS OVERVIEW 203
TABLE 191 PURIS: PRODUCTS OFFERED 203
12.2.14 AXIOM FOODS, INC. 205
TABLE 192 AXIOM FOODS, INC.: BUSINESS OVERVIEW 205
TABLE 193 AXIOM FOODS, INC.: PRODUCTS OFFERED 205
12.2.15 AM NUTRITION 206
TABLE 194 AM NUTRITION: BUSINESS OVERVIEW 206
TABLE 195 AM NUTRITION: PRODUCTS OFFERED 206
 
12.3 OTHER PLAYERS (SMES/STARTUPS) 208
12.3.1 AVENA FOODS LIMITED 208
TABLE 196 AVENA FOODS LIMITED: BUSINESS OVERVIEW 208
TABLE 197 AVENA FOODS LIMITED: PRODUCTS OFFERED 208
TABLE 198 AVENA FOODS LIMITED: DEALS 209
12.3.2 AGRIDIENT B.V. 210
TABLE 199 AGRIDIENT B.V.: BUSINESS OVERVIEW 210
TABLE 200 AGRIDIENT B.V.: PRODUCTS OFFERED 210
12.3.3 SHANDONG HUA-THAI FOOD COMPANY 211
TABLE 201 SHANDONG HUA-THAI FOOD COMPANY: BUSINESS OVERVIEW 211
TABLE 202 SHANDONG HUATAI FOOD COMPANY: PRODUCTS OFFERED 211
12.3.4 CHICKP 212
TABLE 203 CHICKP: BUSINESS OVERVIEW 212
TABLE 204 CHICKP: PRODUCTS OFFERED 212
12.3.5 AMINOLA 213
TABLE 205 AMINOLA: BUSINESS OVERVIEW 213
TABLE 206 AMINOLA: PRODUCTS OFFERED 213
12.3.6 HERBA INGREDIENTS B.V. 214
12.3.7 SINOFI INGREDIENTS 214
12.3.8 AMERICAN KEY FOOD PRODUCTS 215
12.3.9 NUTRI-PEA 215
12.3.10 EBRO INGREDIENTS 216
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13 APPENDIX 217
13.1 DISCUSSION GUIDE 217
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 222
13.3 CUSTOMIZATIONS OFFERED 224
13.4 RELATED REPORTS 224
13.5 AUTHOR DETAILS 225