The global pulse ingredients market size was estimated at USD 21.74 billion in 2023 and is projected to reach USD 27.30 billion by 2030, growing at a CAGR of 3.1% from 2024 to 2030. This growth is largely driven by an increasing consumer focus on incorporating nutritious and wholesome options into their diets. Pulse-based ingredients have gained attention due to their impressive nutritional profile, which makes them a compelling choice for health-conscious consumers.

Pulses are naturally rich in essential nutrients, including high-quality protein, dietary fiber, vitamins, and minerals, making them ideal for individuals seeking to boost their nutritional intake through clean, nutrient-dense foods. The rising popularity of the clean label movement further supports this trend. Consumers are demanding food products that feature transparent ingredient lists and minimal processing, and pulse-based ingredients fit perfectly within this framework. Their recognizable, natural origins and straightforward ingredient declarations appeal to shoppers who value authenticity and transparency in the food they consume.

Additionally, the increasing prevalence of various dietary preferences and restrictions, such as gluten-free, vegetarian, and non-GMO diets, has created a growing market for ingredients that can meet these specific needs. Pulse ingredients offer flexible and versatile options that cater to these dietary requirements without sacrificing flavor or nutritional benefits. For example, pulses can be used as gluten-free flour alternatives, serve as a plant-based protein source, or function as a meat substitute, making them highly adaptable in product formulation across a broad spectrum of food categories.

The global shift toward plant-based diets and the rising popularity of plant-derived proteins are also significant factors propelling demand for pulse ingredients. As more consumers seek alternatives to traditional animal-based proteins for health reasons, ethical considerations, and environmental sustainability, pulses emerge as a highly attractive solution. Their status as an excellent source of plant-based protein enables food manufacturers to innovate and create products tailored to meet the growing consumer preference for plant-centric diets, all while delivering the desired protein content that consumers expect.

Key Market Trends & Insights:

• The North American market for pulse ingredients is anticipated to experience steady growth, with a compound annual growth rate (CAGR) of 1.5% expected from 2024 to 2030. Within this region, the United States specifically is projected to see a slightly moderate growth rate, with its pulse ingredients market forecasted to expand at a CAGR of 1.0% over the same period.

• When examining the market by source, the chickpeas segment emerged as the leading source in 2023, commanding a significant market share of 36.6%. This highlights the popularity and demand for chickpea-based ingredients within the overall pulse ingredients industry.

• Looking at the market based on product type, pulse flour held a prominent position in 2023, accounting for a market share of 35.4%. This reflects the widespread use of pulse flour in various food formulations as a nutritious and functional ingredient.

• In terms of application, the food and beverage segment dominated the pulse ingredients market in 2023, representing the largest revenue share at 43.1%. This dominance underscores the extensive use of pulse ingredients across a broad range of food and beverage products, driven by growing consumer preference for healthy, plant-based, and clean-label ingredients.

Order a free sample PDF of the Pulse Ingredients Market Intelligence Study, published by Grand View Research.

Market Size & Forecast:

• 2023 Market Size: USD 21.74 Billion

• 2030 Projected Market Size: USD 27.30 Billion

• CAGR (2024-2030): 3.1%

• Asia Pacific: Largest market in 2023

Key Companies & Market Share Insights:

The pulse ingredients market is marked by dynamic and evolving competitive dynamics influenced by several key factors. These include ongoing product innovation, the varying production capabilities across different regions, and the shifting preferences of consumers. Leading companies in this market consistently invest in research and development efforts aimed at improving the functional qualities and applications of pulse ingredients. By doing so, they are able to address the specific and diverse requirements of various industries, including food and beverages, pharmaceuticals, and chemicals.

This strong emphasis on innovation enables the major players to distinguish their offerings from those of competitors, thereby securing a significant competitive advantage in the marketplace. Moreover, it allows these companies to remain agile and responsive to the ever-changing demands and trends within the global market, positioning them well for sustained growth and leadership in the pulse ingredients sector.

Key Players

• Ingredion Inc.

• Cargill Inc.

• Roquette Frères

• Emsland Group

• ADM

• The Scoular Company

• Coscura

• Puris

• Axiom Foods, Inc.

• AGT Food & Ingredients

• AM Nutrition

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

Conclusion:

The pulse ingredients market is expected to grow steadily, driven by increasing consumer demand for nutritious and clean-label food options. Rising awareness of the health benefits of pulses, coupled with the shift towards plant-based diets and dietary restrictions, is fueling market expansion. Innovation in product development and growing applications across food, beverage, pharmaceutical, and chemical industries further support the market’s positive outlook globally.