Pulse Flour Market

Pulse Flour Market Outlook (2023-2033)

The global pulse flour market stands at a value of US$ 20.2 billion in 2023 and is forecasted to reach US$ 54.9 billion by the end of 2033. Worldwide shipments of pulse flour are predicted to rise at a stellar 10.5% CAGR over the next ten years.

The focus on health and fitness across the world has bolstered in the past few years owing to the increasing prevalence of chronic diseases, and this has subsequently resulted in the high demand for healthy foods. Pulse flour is made from pulses such as chickpeas, lentils, beans, etc., and is highly nutritious as compared to regular flour.

A growing number of people opting for plant-based diets, rising preference for veganism, increasing investments in R&D in the food and beverages industry, rising per capita disposable income, growing availability of new pulse flour products, and high incidence of celiac disease are some key prospects that are anticipated to sculpt pulse flour consumption trends going forward.

Pulse flour is highly nutritious, rich in fiber, low-fat, and also has a low glycaemic index. The aforementioned factor makes it an active ingredient in many functional foods and healthy foods that are increasing in demand throughout the world.

Moreover, increasing demand for gluten-free products is also expected to boost sales of products such as pulse bread, pulse pasta, pulse chocolates, etc. Pulse concentrates are also being used by many manufacturers owing to their high protein and nutrient-rich composition in the manufacturing of nutraceuticals and dietary supplements.

Contrarily, a lack of awareness of the benefits of consumption of pulse flour is anticipated to have an impeding effect on the overall market development throughout the forecast period.

More detailed insights as per segments, regions, and countries have been listed in this updated pulse flour industry survey by skilled analysts at Fact.MR, a market research and competitive intelligence provider.

Report Attributes	Details
Pulse Flour Market Size (2023)	US$ 20.2 Billion
Projected Market Value (2033F)	US$ 54.9 Billion
Global Market Growth Rate (2023-2033)	10.5% CAGR
North America Market Share (2023)	~25%
United States Market Growth Rate (2023-2033)	10.1% CAGR
Japan Market Growth Rate (2023-2033)	6.9% CAGR
Key Companies Profiled	SunOpta Inc. Anchor Ingredients Co. LLC Diefenbaker Spice & Pulse Archer Daniels Midland Company Batory Foods Inc. The Scoular Company EHL Ingredients Limited Parakh Agro Industries Limited Great Western Grain Company Ltd. Best Cooking Pulses Inc. Blue Ribbon Grain & Pulses Pty Ltd. CanMar Grain Products Ingredion Incorporated Bean Growers Australia Ltd.

What are the Predictions for Pulse Flour Sales in North America?

“Growing Popularity of Veganism & Plant-based Diets to Fuel Demand for Pulse Flour”

Increasing prevalence of celiac disease and rising incidence of gluten-related allergies are prime factors that have resulted in the high adoption of veganism and plant-based foods. Growing awareness of health and fitness has resulted in increased demand for non-GMO (genetically modified organism) flour and this trend is projected to fuel sales of black gram bean flour, chickpea flour, gram pulse flour, and other types of pulse flour in the North American region.

The region is also home to highly attractive markets such as the United States and Canada, which lead the growth charge in this region. Canada is the second-largest producer of pulses across the world and the largest exporter of pulses as well. The aforementioned factor opens up highly lucrative business scope for local as well as international pulse flour manufacturers.

Consumption of pulse pasta, pulse syrup, and pulse bread is anticipated to increase at a good pace across the forecast period. Demand for pulse flour in North America currently accounts for more than 25% of the global market share.

Will Start-ups Have a Chance at Making a Mark in This Industry?

“New Companies Should Focus on Innovation to Expand their Business”

Upcoming pulse flour suppliers are focusing on raising new capital to invest in research and development that helps them broaden their product portfolio and expand their business scope across the world.

• Equinom, a high technology optimized crop breeding company recently raised US$ 35 million in a funding round that was led by Synthesis Capital. The new capital is intended to be used to bring the company’s plant-based protein ingredients to the B2B market more rapidly.
• In September 2022, Equii (formerly known as Cella Farms), a food technology start-up founded in 2021 raised US$ 6 million in a seed funding round led by Khosla Ventures. The company has developed a proprietary technique that allows them to create high-protein grain flour. The company’s flour has 3 to 6 times more protein than regular flour.

Country-wise Insights

Which Country Accounts for Highest Pulse Flour Consumption in North America?

“United States to Spearhead Demand for Pulse Flour”

Heightened focus on health and fitness is expected to be a prime factor that is forecasted to drive consumption of pulse flour in the U.S. across the forecast period. High consumer spending potential, rising demand for plant-based food products, and increasing demand for clean-label food ingredients are other aspects that are slated to govern pulse flour sales through 2033.

Stringent mandates implemented by the government and regulatory authorities to prevent food contamination and adulteration are also expected to favor market development in the country. Shipments of pulse flour in the U.S. are forecasted to increase at an impressive 10.1% CAGR throughout the forecast period. Chickpeas and beans are the most popular pulses in the country and hence, are expected to witness a bright demand outlook.

How are Pulses Consumed in Japan?

“Pulses Largely Consumed as Processed Foods in Japan”

Japanese consumers have been consuming pulses in the form of processed foods and this opens up new opportunities for pulse flour suppliers over the coming years since the country heavily relies on imports to meet its food and beverage demand. Pulse flour manufacturers are also deploying new strategies to maximize their business potential in Japan by launching new products such as pulse bread, pulse pasta, etc. Sales of pulse flour are anticipated to rise at 6.9% CAGR over the next ten years in Japan.

How Will Pulse Flour Demand Fare in Europe?

“Advancements in Agriculture Technology to Open Up New Business Avenues”

Investments in research and development of novel food and agricultural technology have been high in the European region and this trend is anticipated to have a positive impact on pulse flour consumption in the future. Food and beverage manufacturers in Europe have been focusing on improving the quality of pulse crops by genetically modifying seeds and using other advanced techniques to improve harvest yield and meet the increasing demand.

On the other hand, the increasing popularity of veganism and plant-based diets, changing consumer preferences, rising awareness about the benefits of plant-based foods, and growing demand for healthy ingredients in bakery & confectionery products are other factors that are slated to boost pulse flour shipments in European countries such as Germany, France, Italy, and the United Kingdom.

Category-wise Insights

Which Type of Pulse Flour is Most Widely Preferred?

“Lentil Flour & Chickpea Flour to Witness Bright Demand Outlook”

Based on product type, the market for pulse flour is segmented into lentils, chickpeas, peas, lignin, beans, fiber/bran, and others.

Low sodium and cholesterol-free characteristics of lentil flour are expected to prominently drive its popularity over the coming years. Increasing awareness of the benefits associated with the consumption of lentil flour among the general population and rising demand for organic food products are other factors that are slated to promote demand for lentil flour at a robust 10% CAGR over the next ten years.

Meanwhile, chickpea flour consumption accounts for around 1/3 of the global market share at present. The rising use of chickpea flour in the bakery and confectionery industry is anticipated to be a prime factor shaping demand in the future.

Competitive Landscape

Pulse flour manufacturers are investing in the establishment of new processing plants and expansion of the current production facilities to meet increasing demand across the world.

• In April 2022, Beneo, a German food ingredient manufacturer announced that it would be investing US$ 52.8 million in a new pulse processing site in Offstein, Germany. The new site was expected to focus on protein concentrate, hulls from faba bean, and starch-rich flour with the possibility of processing other pulses going forward.

Pulse flour companies are also increasing investments in research and development activity to fast-track the launch of new products and drive revenue generation capacity.

• In September 2021, Ingredion Inc., an American food ingredient provider announced the launch of a new line of pulse flour and concentrates named Prista. The new range comprises pea flour, fava bean protein concentrate, and pea protein concentrate that are made with the company’s proprietary deflavoring process.

Some pulse flour producers are also eyeing mergers, collaborations, and acquisitions to promote their business potential and gain a competitive edge over other market players.

• In May 2022, Tate & Lyle PLC, a renowned food ingredient and beverage provider announced the acquisition of Nutriati, a company manufacturing functional flour and ingredients. This acquisition puts Tate & Lyle in a strong position to provide sustainable plant-based ingredients and strengthen its global market presence.

Key Segments Covered in Pulse Flour Industry Research

• By Product Type :

  • Lentils
  • Chickpeas
  • Peas
  • Lignin
  • Beans
  • Fiber/Bran
  • Others

• By Application :

  • Bakery & Confectionery
  • Extruded Products
  • Beverages
  • Animal Feed
  • Dairy Products
  • Other Applications

• By Distribution Channel :

  • Food Chain Services
  • Modern Trade
  • Convenience Stores
  • Departmental Stores
  • Online Stores
  • Other Distribution Channels

• By Region :

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA