Global Pulse Protein Market, By Type (Pulse Flour, Pulse Starch, Pulse Protein, Pulse Fibers and Grits), Sources (Black Lentils, Green Lentils, Peas, Navy Beans, Chickpeas, Kaspa Peas, Black Beans, Kidney Beans, Lupins, Faba Bean, Munga Beans, and Others), Category (Organic, and Conventional), Extraction Process (Dry Processing, Wet Processing), Form (Isolates, Concentrates, and Hydrolysates), Function (Solubility, Hydration, Emulsification, Foaming, and Others), Application (Food and Beverage, Feedand Pharmaceuticals, and Cosmetics), End User (Home Use, Snack Food Industry,Flour Industry, and Others) – Industry Trends and Forecast to 2031.
Pulse Protein Market Analysis and Size
The global pulse protein market finds significant application in the food and beverage industry, particularly in the production of plant-based protein products. Pulse proteins, derived from sources such as peas, lentils, and chickpeas, are valued for their nutritional profile, including high protein content and essential amino acids. These proteins are widely used in formulating meat alternatives, protein bars, snacks, and beverages, catering to the growing demand for plant-based protein options among health-conscious consumers and those adopting vegetarian or vegan diets.
Data Bridge Market Research analyses the global pulse protein market, which was USD 18.93 billion in 2023, is expected to reach USD 33.26 billion by 2031, at a CAGR of 7.30% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Pulse Protein Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2024-2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Pulse Flour, Pulse Starch, Pulse Protein, Pulse Fibers and Grits), Sources (Black Lentils, Green Lentils, Peas, Navy Beans, Chickpeas, Kaspa Peas, Black Beans, Kidney Beans, Lupins, Faba Bean, Munga Beans, Others), Category (Organic, Conventional), Extraction Process (Dry Processing, Wet Processing), Form (Isolates, Concentrates, Hydrolysates), Function (Solubility, Hydration, Emulsification, Foaming, Others), Application (Food and Beverage, Feedand Pharmaceuticals, Cosmetics), End User (Home Use, Snack Food Industry,Flour Industry, Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Poland, Sweden, Denmark and Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Vietnam, New Zealand, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Ecuador, Rest of South America, South Africa, Saudi Arabia, U.A.E., Kuwait, Qatar, Ethiopia, Rest of Middle East and Africa
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Market Players Covered
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Ingredion (U.S.), Cargill Incorporated (U.S.), AGT Food and Ingredients (Canada), ADM (U.S.), ET-Chem (China), Shandong Jianyuan group (China), Axiom Foods, Inc. (U.S.), Kerry Group plc. (Ireland), Vestkorn (Norway), Glanbia PLC (Ireland), Roquette Frères (France), The Scoular Company (U.S.), Nutriati, Inc. (U.S.), DuPont (U.S.), Prolupin GmbH (Germany), FENCHEM (China), PURIS (U.S.), Emsland Group (Germany), Burcon (Canada), SOTEXPRO (France), Yantai Shuangta Food Co. (China)
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Market Opportunities
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Market Definition
Pulse proteins refer to the protein-rich seeds of leguminous crops, commonly known as pulses. It include lentils, chickpeas, and peas. These plant-based proteins are nutritious, low in fat, and a good source of essential amino acids. Pulse proteins are valued for their role in promoting sustainable agriculture, as these crops contribute to soil health by fixing nitrogen and require relatively low water input compared to some other protein sources.
Global Pulse Protein Market Dynamics
Drivers
- Growing Demand for Plant-Based Proteins
As consumers increasingly seek sustainable and healthier dietary options, plant-based proteins, derived from sources such as peas, lentils, and chickpeas, have gained popularity. These proteins offer a viable alternative to traditional animal-based proteins, addressing concerns related to environmental impact, animal welfare, and health.
- Innovations in Food Products provides Alternatives for Consumers
Ongoing innovations in food product development, such as pulse-based snacks, beverages, and meat alternatives, are propelling the pulse protein market. Companies are leveraging the versatile nature of pulse proteins to create diverse and appealing products that cater to various consumer preferences, including those seeking plant-based alternatives and unique culinary experiences.
Opportunities
- Changing Trends in Athletic Fitness and Sports Nutrition
As athletes increasingly seek plant-based and sustainable protein sources, pulses such as peas, lentils, and chickpeas have gained prominence due to their high protein content and nutritional benefits. This shift towards plant-based alternatives aligns with the rising demand for clean and ethically sourced protein products, driving the pulse protein market to capitalize on the evolving preferences in the sports nutrition industry.
- Increasing Awareness of Dairy Allergies
The increasing awareness of food allergies, especially related to common allergens such as soy and dairy, presents an opportunity for pulse proteins as allergen-free alternatives. Pulses are naturally free from common allergens and offer a hypoallergenic protein source. This aspect caters to the needs of individuals with allergies or intolerances, driving the adoption of pulse protein ingredients in various food products, including snacks, beverages, and baked goods.
Restraints/Challenges
- Fluctuating Supply Chains Result in Price Instabilities
Factors such as weather conditions, crop variability, and transportation issues can impact the production and distribution of pulse-based products. Inconsistent and unpredictable supply chains can lead to price fluctuations and availability issues, making it challenging for manufacturers to maintain a stable and reliable source of pulse proteins for their products.
- Limited Adoption of Advanced Technologies
The global pulse protein market is the limited availability and adoption of advanced processing technologies. The lack of widespread access to state-of-the-art processing technologies can hinder the development of high-quality pulse protein products, limiting their versatility and acceptance in the broader food and beverage industry.
This global pulse protein market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global pulse protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2022, Roquette launched a range of organic pea ingredients, including starch and protein, produced at its Canadian plant. This move aimed to cater to the increasing demand for organic and plant-based options, enhancing Roquette's position as a leader in plant-based solutions
- In 2022, Roquette launched the NUTRALYS range, featuring organic textured proteins derived from peas and fava. This strategic move sought to broaden Roquette's customer base and solidify its standing in the protein market
- In 2021, Roquette annouced innovation by launching the textured pea protein P6511C at FI Europe. Positioned as a sustainable alternative to meat, this product addressed the growing consumer preference for plant-based foods with robust nutritional profiles
- In 2020, Ingredion Incorporated EMEA responded to industry needs with the launch of "organic instant functional native starch." This product launch aimed to provide high-quality ingredients to the food and beverages sector, anticipating increased revenue and sales for Ingredion Incorporated EMEA
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Pulse Protein Market Scope
The global pulse protein market is segmented on the basis of type, sources, category, extraction process, form, function, application, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Pulse Flour
- Pulse Starch
- Pulse Protein
- Pulse Fibers and Grits
Sources
- Black Lentils
- Green Lentils
- Peas
- Navy Beans
- Chickpeas
- Kaspa Peas
- Black Beans
- Kidney Beans
- Lupins
- Faba Bean
- Munga Beans
- Others
Category
- Organic
- Conventional
Extraction Process
- Dry Processing
- Wet Processing
Form
- Isolates
- Concentrates
- Hydrolysates
Function
- Solubility
- Hydration
- Emulsification
- Foaming
- Others
Application
- Food and Beverage
- Bakery and confectionary Products
- Snacks
- Dairy
- Beverages
- Pet food
- Others
- Feed and Pharmaceuticals
- Cosmetics
End User
- Home Use
- Snack Food Industry
- Flour Industry
- Others
Global Pulse Protein Market Regional Analysis/Insights
The global pulse protein market is segmented on the basis of type, sources, category, extraction process, form, function, application, and end user as referenced above.
The countries covered in the global pulse protein market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The Asia-Pacific dominates the global pulse protein market due to the rising utilization of pulse protein in the food industry. Countries such as China and India, experiencing rapid development, particularly witness heightened demand for pulse protein products, driven in part by their aging populations. This demographic shift contributes to an increased consumer preference for pulse protein, consolidating the region's position as a key player in the global pulse protein market. The expanding market in Asia-Pacific reflects the growing awareness and adoption of pulse protein-based products in response to evolving dietary preferences and health consciousness.
North America is experiencing rapid growth in the pulse protein market, primarily attributed to the escalating utilization of pulse proteins in the food industry. The region's robust growth is fueled by a rising consumer demand for plant-based and sustainable protein sources. As awareness of the health and environmental benefits of pulse proteins expands, food manufacturers in North America are increasingly incorporating them into various products, driving market acceleration.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Pulse Protein Market Share Analysis
The global pulse protein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global pulse protein market.
Some of the major players operating in the global pulse protein market are:
- Ingredion (U.S.)
- Cargill Incorporated (U.S.)
- AGT Food and Ingredients (Canada)
- ADM (U.S.)
- ET-Chem (China)
- Shandong Jianyuan group (China)
- Axiom Foods, Inc. (U.S.)
- Kerry Group plc. (Ireland)
- Vestkorn (Norway)
- Glanbia PLC (Ireland)
- Roquette Frères (France)
- The Scoular Company (U.S.)
- Nutriati, Inc. (U.S.)
- DuPont (U.S.)
- Prolupin GmbH (Germany)
- FENCHEM (China)
- PURIS (U.S.)
- Emsland Group (Germany)
- Burcon (Canada)
- SOTEXPRO (France)
- Yantai Shuangta Food Co. (China)
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