Global Pulses Ingredients Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Pulses Ingredients Market 2021 (Includes Business Impact of COVID-19)
Global Pulses Ingredients Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global pulses ingredients market report has been segmented on the basis of type, source, application, and region.
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The global Pulses Ingredients market size was valued at USD$18.29 billion in 2020 and is projected to reach $29.15 billion by 2030, and is anticipated to expand at a CAGR of 4.77% over the forecast period from 2020 to 2030.


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.


Below are the active patents related to Pulses Ingredients Market.


Patent Number: CA2818704A1

Quick-cook grains and pulses

Abstract

A method for making a quick-cook grain or pulse via flat plate compression or gun puffing by controlling the porosity of the grain or pulse. Further, the grain or pulse made in accordance with this invention retains the texture, flavor and appearance of the original grain or pulse.

Application File Date: 2011-11-23

Application Granted Date: 2016-04-12

Current Assignee: Quaker Oats Co

Patent Number: US20130189408A1

Production of soluble protein solutions from pulses

Abstract

A pulse protein product, which may be an isolate, produces heat-stable solutions at low pH values and is useful for the fortification of acidic beverages such as soft drinks and sports drinks without precipitation of protein. The pulse protein product is obtained by extracting a pulse protein source material with an aqueous calcium salt solution to form an aqueous pulse protein solution, separating the aqueous pulse protein solution from residual pulse protein source, adjusting the pH of the aqueous pulse protein solution to a pH of about 1.5 to about 4.4 to produce an acidified pulse protein solution, which may be dried, following optional concentration and diafiltration, to provide the pulse protein product.

Application File Date: 2012-07-24

Application Granted Date: 2019-12-17

Inventor : Kevin I. SegallMartin Schweizer

Patent Number: US9474725B1

Global Pulses Ingredients Market Segmentation:

Segmentation by Type:

  
Pulses Starch
  
Pulses Flours
  
Pulses Proteins

Segmentation by Source:

  
Beans
  
Lentils
  
Peas
  
Chickpeas

Segmentation by Application:

  
Food & Beverages
  
Animal Feed


Key Market Players included in the report:


  
ADM (US)
  
AGT Food
  
Alliance Grain Traders Inc.
  
Archer Daniels Midland Company (US)
  
Axiom Foods Inc. (US)
  
Batory Foods
  
Cosucra Groupe Warcoing SA (Belgium)
  
Dakota Dry Bean (US)
  
Diefenbaker Spice & Pulses (Canada)
  
Emsland Group (Germany)
  
Ingredion Incorporated (US)
  
Roquette FrEres (France)
  
SunOpta Inc. (Canada)
  
The Archer Daniels Midland Company
  
The Scoular Company (US)
  
Vestkorn Milling AS