Pulses is a source of low fat, containing high fiber, and small amount of glycemic index. Pulse flour have the major advantages over the wheat flour and rice flour. It is been stimulated to achieve the required blend of rare elements and nutrients such as sodium, potassium, and selenium. Pulses contain large amount of amino acid and protein which makes it different from customary cereal flours. A large population in Europe and Americas currently consume pulse flour in numerous food applications, which in turn growing the pulse flour market in these regions. Pulse flour is prepared from ground chickpeas, was originated in India. Few decades back, United States have started encouraging pulses and pulse flours consumption, consequently boosted the demand for pulse flour in the region. Due to the growing preference for pulse flour the United Nations have titled 2020 as the “International Year of Pulses.” Pulse Flour are widely used in bakery products, pasta, beverages, processed meat, and tortilla. All types of pulse flours which includes pea flour, chickpea flour, lentils flour etc., are not yet been used in various countries and hence has a great opportunity in future for pulse flour market. Pulse Flour market is projected to witness a rising consumer demand due to its massive use and growing presence globally.
Beverages application segment in pulse flour market is anticipated to grow with the CAGR of more than 12% from 2021 to 2029. Various food manufacturers are endeavoring to add pulse flour in beverage to offer an appropriate substitute for kids suffering from lactose intolerance and also who are allergic to soy products.
By geography, Europe is the largest market by value in 2020. European pulse flour market had various new product development in the past few years. For instance, bean-based new product was launched in 2020 had acquired market share of more than 44% in 2020. In Asia Pacific, cultivation of pulses is projected to boost the demand in the forecast period. The region has enhanced agricultural growth in the past few years. Also various innovations in the food processing and food service market, has created new opportunities for pulse flours. Growing middle class population in the region, increasing disposable income, changing consumer preference for nutritious and healthy food products are some other aspects fueling the demand for pulse flour in the region.
Pulse flour market in America is emerging owing to the growing demand of pulse flour from bakery and snacks producers, growing consciousness of consumers towards the benefits of pulse flour, and growing demand for gluten free products among the consumers. Americans have a preference of food product that encompass high amount of fiber and protein. Due to which, various manufacturers are opting for the ingredients that contain pulse flour. Along with this, demand for functional flours from food and beverage industry is also promoting the pulse flour market.
Some of the major companies operating in the market are AGT Food and Ingredients, Archer Daniels Midland Company, Best Cooking Pulses Inc., CanMar Grain Products Ltd., Diefenbaker Seed Processors, Ltd, Ganesh Grains Ltd., Harvest Innovations, Ingredion Incorporated, Parakh Agro Industries, Ltd., Rotel Ic ve Dis Ticaret A.S. among others.
Chickpea flour was the largest segment by product type in pulse flour market, accounted for more than 35% share in 2020. Chickpea flour have various nutritional components such as sodium, magnesium, iron, selenium, and potassium, which is a major aspect driving the demand of chickpea flour in forecast period. Chickpea flour offers various health benefits and also effective against mitigating problems such as obesity, diabetes, cancer, and heart disease, which is also contributing to chickpea flour market growth. Growing application of chickpea flour in snacks and bakery segment is anticipated to have a considerable growth of chickpea flour market by value.
Lentil flour is another lucrative market and is projected to grow with a CAGR of more than 15% in the forecast period. Various foodstuff are combined with lentil flour owing to the large amount of vital nutrients, improved protein quality, reduction in carbon impact from food. Moreover, lentil flour helps to boost the muscle growth and muscle restoration of the body which is estimated to fuel the growth of the market in the forecast period. Pea flour is generally used as a protein cog in combination with cereal flour pea seeds are rich in carbohydrate, protein, nutritional fiber, minerals and vitamins. Consumption of whole peas improves digestive system, reduces blood sugar, and improves satiety.
Food was the dominating segment in 2020, owing to the increasing demand for gluten free and healthier products. Bakery and snacks are the two largest sub-segment of food, together accounts for more than 90% of share in food application in 2020. Consumers are more attracted with the bread containing pulse flour due to the different taste and enriched nutritious content of the product. Pulse flour imitate the efficient properties of supplementary flours, without any side effects, is a key factor driving the consumption growth of pulse flour in the near future. Beverage sub-segment is another productive segment and is expected to grow with a steady growth rate in the forecast period. Pulse flours in beverages is used as a substitute for kids suffering from lactose intolerant and are sensitive to soy products. Demand for pea’s flour are increasing due to the wide use of peas for animal feed. Peas are enrich with protein, starch, and lysine which gives the vital amino acid and energy necessary for the well-being of animals.
Among all regions, Europe was the largest market in 2020, due to the growing health awareness among consumers and are gradually opting for nutritional food product. Demand for pulse flour is high among the manufacturers of baked food items, and snacks as it is the most important ingredient which contain high protein and fiber. Europe had launched 3,593 new products made from pulse ingredients over the past five years. Out of which, new product from chickpea ingredients were 35%, pea ingredients were 34%, bean ingredients were 25%, and lentil were 14%.
Asia Pacific is anticipated to be the fastest growing pulse flours market by region. Demand of food products containing high quality ingredients and increasing consumer’s preference for pulse flour ingredient products in various countries of the region is driving the market. For instance, Australian consumers majorly opt for functional flour which is made from peas. Fast urbanization and increasing demand for convenient food products are growing the demand for bread in the region, which in turn driving the growth of pulse flour in Asia-Pacific.
The Middle East & Africa is also expected to have a growth rate of more than 16% in the forecast period. Rising population along with increasing food services is projected to boost the demand for pulse flour market in Middle East & Africa. Increasing hospitality industry in Middle East & Africa is anticipated to drive the market for new food products, mainly in the countries like Egypt, UAE, Israel, and Morocco.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Pulse Flour market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
