"Market Intelligence that Adds Flavour to Your Success"
The pulse ingredients market is majorly driven by increasing the food and beverage segment in the global market. The segment utilizes a huge quantity of pulse and pulse ingredients for various processed foods such as nutrition bars and other energy drinks. Pulses are the rich source of vitamins and minerals such as iron, zinc, and magnesium, result in various health benefits. The rising concern of health awareness and increasing urbanization among the consumers are influencing the global pulse ingredients market positively. It is expected that the demand for pulse ingredients will increase during the forecast year (2019-2026).
Consumers are more focused to consume natural and organic ingredients in their diet pattern. The rising demand for the ‘clean label’ products among the consumers is also increasing the demand for pulse ingredients. Pulse ingredients are created from the fractions of high-quality peas, chickpeas, and lentils without the use of chemicals and other additives. Consumers are influencing positively due to its various health benefits such as enhancing metabolic rate, controlling weight gain, and others.
Key Market Driver -
Increased Demand from its Applications such as Snack Foods and Extruded Food Products
Key Market Restraint -
High Price of Pulse Ingredients as Compared to Other Ingredients
Pulse ingredients are used in various food products and applications such as meals, soups, sauces, snacks, processed fish, egg products, bakery sector, and confectionery products. The manufacturers of pulse ingredients are utilizing this opportunity by catering to the demand from consumers.
The pulse flours are available in the market at high cost as compared to its other alternatives, such as wheat flour and rice flour which are derived from cereals. It is expected to create an impediment in the global pulse ingredients market.
The pulse ingredients market is highly competitive market include various prominent players and regional players in the global market, which include Ingredion Incorporated, Roquette Frères S.A., Emsland-Starke GmbH, The Scoular Company, AGT Food and Ingredients Inc., Cosucra Groupe Warcoing S.A., Vestkorn Milling A.S., and Dakota Dry Bean, Inc. The product comes under fast-moving consumer goods and hence, the manufacturers are focusing on building strong distribution channels.
The pulse flour is the leading segment among the product type, and it is expected to dominate the market in the upcoming years. These flours are available in the market with a different content level of starch and protein to meet the requirement from various applications such as the bakery and confectionery sector. The food manufactured by the pulse flour is highly nutritious and gluten-free for the consumers.
On the basis of applications, the food and beverage segment is accounted for the major share in the global pulse ingredients consumption. The different segments under food and beverages application along with the household consumption are utilizing the pulse ingredients for their food processing. It is expected to contribute a major share in the global pulse ingredients market by its wide range of applications.
North America is an emerging market for the pulse ingredients and it is expected to account for the largest share during forecast years. The convenience food sector is known to utilize a huge quantity of pulse ingredients. The demand for convenience food in the region is increasing. The modern convenience food has become popular in the region, owing to the busy lifestyle and the ageing population. Consumers are purchasing convenience food due to its convenient properties such as ease of use, long shelf life, and high nutritional value. Hence it is anticipated that the growth of pulse ingredients will increase in the region.
To gain extensive insights into the market, Request for Customization
Asia-Pacific is one of the biggest pulse producers in the world. India and China are witnessed as a major contributor to total pulse production in the region. According to India Pulse and Grain Association (IPGA), about 75% of chickpea and 38% of the lentil area falls in India. The availability of raw material for pulse ingredients is abundant in the country, which is majorly utilized by the pulse ingredients manufacturers.
By Product Type
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- Global hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry