Pulse Flour Market

Global Pulse Flour Market Size (2024 to 2032)

The Size of the Global Pulse Flour Market is anticipated to grow from USD 13.85 billion in 2024 to USD 34.79 billion by 2032, growing at a CAGR of 12.2 % during the forecast period 2024 to 2032.

Pulse is a legume found in almost all crop-producing regions worldwide. Pulse powder is obtained from dry, crushed pulses, and is then refined for use in a variety of applications. Pulse flour is used for a variety of purposes in a variety of dishes and as an alternative to traditional flour or rice flour. Pulse flour is mainly used in the bakery and snack industries to improve the condition of the dough and increase the protein content because legumes are a great source of protein. Beans, beans, yellow peas, and lupins are used in a variety of pulse powders. 

The pulse flour market is expected to be dominated by North America during the forecast period. The malt powder market is anticipated to increase significantly as the trend for using gluten-free powder increases. Soy flour can be used as a substitute for traditional wheat flour. Popular soy flours used to make soy flour include lentils, beans, yellow peas, and beans. The popularity of the global pulse powder market can be attributed to the increased consumption of gluten-free foods in developed countries.

One of the driving forces in the global pulse flour market is the most extensive application, such as pet food and feed. The health benefits of wheat flour primarily drive the pulse powder market as it adds fiber, protein, and micronutrients to food. Manufacturers are trying to replace flour by adding new products to their formulations to differentiate them and incorporate them into new types of food.

MARKET DRIVERS

Pulse flour is increasingly used as a functional food ingredient and is derived from pulse shells such as peas, lentils, chickpeas, and other legumes. The growing population of vegetarians is expected to play an essential role in increasing demand for the products. Extensive manufacturer R&D to develop new products and government initiatives to promote pulse use are likely to have a positive impact on market growth in the next eight years. As interest in consumer health increases, the use of rice and flour is limited, which is supposed to have a positive impact on market growth. The gluten-free properties and ability of the products to improve food texture and shelf life are assumed to increase growth. Pulsed powders are expected to open up new opportunities during the outlook period by improving the overall nutritional content of foods when used with cereals. 

The presence of organizations, including Pulse Canada, has raised awareness of the benefits of pulses in the economy. The growing interest in establishing the pulse flour plant in the marketplace is presumed to have a positive impact on demand during the forecast period. It can produce low-cost products with versatility and low pulse cost and is suspected of replacing milk, soy, and other beverages in the future. Also, as the demand for functional drinks and fast foods increases, the market is anticipated to increase in the next eight years. As consumer interest in health and hygiene products increases, the use of rice and flour is limited, which is assumed to have a positive impact on the pulse flour market. The gluten-free nature of pulse flour and the products' ability to improve food texture and shelf life are expected to increase growth. 

When used in combination with cereal flour, pulse flour improves the overall nutritional content of the product, which is foreseen to open new opportunities for pulse flour during the prediction period. The main growth engine for the global pulse flour market is the increasing demand for gluten-free flour. Also, pulse flour is healthier compared to traditional flour. Pulse powder has a high nutritional content, including protein, which contributes to increased adoption of pulse powder in health-conscious people. Soy flour is also used as a substitute for various agricultural products such as wheat, and corn. These are some of the factors that drive the expansion of the world pulse flour market.

MARKET RESTRAINTS

The pulse has an unpleasant taste due to the presence of various compounds such as acids, aldehydes, ketones, pyrazines, sulfur derivatives, etc. This can serve as a growth restraint for the global pulse flour market. Also, the high cost of flour production for various applications hinders the market growth.

REPORT COVERAGE

REGIONAL ANLAYSIS

In the Asia-Pacific region, agricultural development has improved in recent years, and pulse irrigation is expected to stimulate demand and popularity of the pulse flour market in the coming years. Also, various innovations in the food processing and foodservice market will create new opportunities and perspectives in the pulse flour market. North America pulse flour market is anticipated to have a significant share of the global business. This is because the demand for pulse flour from snack food producers and bakeries is increasing, customer awareness of the benefits of pulse flour is increasing, and the need and demand for gluten-free foods among customers are growing. 

Demand in the Asia Pacific and North America is expected to increase by more than 15% and 13% CAGR respectively. The Asia Pacific and North America are the primary consumers of the drinks that make up the product. The increased consumption of energy and sports drinks in the region will boost demand for beverage production. Europe's pulse flour market dominated the world business with over 25% revenue share. 

The Middle East and Africa pulse flour markets have an average annual growth rate of over 16%. Pulse powder is often used for hummus, soup, curry, and tagine. It is also used in processed meat, frozen meat, and salads to increase the nutritional value of foods. Population growth, coupled with improved foodservice and retail sales, is foreseen to have a positive impact on demand during the outlook period. As the MEA hotel industry grows, the introduction of new dishes is expected to accelerate, especially in Egypt, Morocco, the United Arab Emirates, and Israel. This has increased the demand for machining pulses to create new recipes.

KEY PLAYERS IN THE GLOBAL PULSE FLOUR MARKET

Key Players in the Global Pulse Flour Market are Ingredion Incorporated, ADM, Best Cooking Pulses Inc, AGT Food & Ingredients, Harvest Innovations, CanMar Grain Products, Diefenbaker Seed Processors, Parakh Agro Industries Ltd, Ganesh Grains Ltd.

RECENT HAPPENINGS IN THE MARKET

• Archer Daniels Midland Company announced the acquisition of WILD Flavors GmbH.
• Ingredion Incorporated announced that it has decided to take over the rice flour and starch business of Sun Flour Industry Co, Ltd. of Bang Glen, Thailand.
• In September 2017, Ingredion launched a gluten-free multi-fractional tapioca powder with rice and multi-fractional pulse, which is used as a thickener in sweet and salty foods.
• In December 2017, the Pulse Group in Canada increased the company's demand for yellow peas at a fractional facility in China. The plant consumes 400,000 tons of Canadian peas annually and produces 300,000 tons in 2018.
• In January 2018, Verdient Foods entered into a joint venture agreement with the American company Ingredion to sell its products in more than 120 countries.
• In November 2018, Bunge sold GMO-free functional lentil flour as a clean label ingredient on its product label. Functional lentil flour serves as a substitute for modified starch and provides nutritional benefits.

DETAILED SEGMENTATION OF GLOBAL PULSE FLOUR MARKET INCLUDED IN THIS REPORT      

This research report on the Global Pulse Flour Market has been segmented and sub-segmented based on product, application & region.     

By Product                     

• Pea             
• Lentils       
• Chickpea  
• Beans        
• Other products     

By Application                

• Bakery & Snacks   
• Dairy          
• Beverages               
• Based on Distribution channel:                              
• Food Chain Services            
• Modern Trade       
• Convenience Store              
• Departmental Store            
• Online Store      

By Region

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East, and Africa