Fractionated Pulses Market

Fractionated Pulses Market Outlook (2023 to 2033)

The global fractionated pulses market is set to reach a valuation of US$ 8.0 billion in 2023 and further expand at a CAGR of 5.8% to reach US$ 14.1 billion by the end of 2033.

With the growing number of health-conscious consumers and increasing concerns about sustainability, there has been a surge in demand for such products. Hence, the pulse ingredient market is expected to continue to grow in the coming years, due to the increasing demand for healthy and sustainable food products, particularly among young individuals.

Report Attributes	Details
Fractionated Pulses Market Size (2022A)	US$ 7.6 Billion
Estimated Market Value (2023E)	US$ 8.0 Billion
Forecasted Market Value (2033F)	US$ 14.1 Billion
Global Market Growth Rate (2023-2033)	5.8% CAGR
North America Market Share (2023)	33.6%
Europe Market Growth Rate (2023-2033)	6.2% CAGR
United States Market Growth Rate (2023-2033)	6.7% CAGR
Market Share of Top 5 Companies	28.4%
Key Companies Profiled	AGT food and ingredients Ingredion incorporated Axiom Foods Inc. Emsland Group Avena Foods Ltd. Cargill Nutripea

Sales Analysis of Fractionated Pulses (2018-2022) Vs. Market Forecast Outlook (2023-2033)

Due to the surging demand for nutrient-dense foods and the rise in the sale of healthy products, fractionated pulses are consistently sold over the world. During the pandemic, the popularity of eating healthy food increased as a means of boosting immunity, which changed how people consumed certain products.

Hence, the market for fractionated pulses observed steady growth even in small interior hamlets of a developed and developing region during the historical period holding a CAGR of 2.8%.

Nutritional dietary inspirations provided by baking magazines, blogs, and cooking programs communicate a favorable impression of using fractionated pulses thereby boosting product sales during the coming years.

Furthermore, stringent regulations put down by the regulatory bodies in manufacturing of high-quality and safe fractionated pulses instate faith among the buyers thereby exhibiting a positive market growth for fractionated pulses.

Flourishing research and development by the key players to introduce new and innovative products is anticipated to accelerate the sales of fractionated pulses during the forecast period.

• Short Term (2023-2026): The growing popularity of ethnic cuisines is driving innovation in the food industry as companies look to develop new products that appeal to consumers' interests.
• Medium Term (2026-2029): Pulses are being used in a growing number of foods, including snacks, soups, and baked items, helping to increase their visibility and appeal to a broader consumer base. This pattern has increased the availability of the target products in retail settings, which is supporting market expansion across the globe in the medium-term forecast period.
• Long Term (2029-2033): Manufacturers are concentrating on adding nutrients to their products to boost consumer acceptance in response to the increased need for items that meet daily demands. This will stimulate opportunities for long-term market growth.

Over the 2018-2022 historical period, the global Fractionated Pulses market registered a CAGR of 2.8%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 5.8% CAGR between 2023 and 2033.

Market share analysis of fractionated pulses based on source and region is provided in a nutshell in the above image. Under the source segment, the chickpeas sub-segment dominates with 35.7% market share in 2023.

Market Dynamics Outlook

“Growing Demand for Sustainable Agriculture to Boost the Market’’

Sustainable agricultural practices have a significant impact on the target market, as these practices help increase the supply of high-quality, nutrient-dense pulses while promoting environmental sustainability.

Sustainable agricultural practices such as crop rotation, intercropping, and the use of natural fertilizers can help improve crop yield and quality. This means that farmers can produce more pulses with fewer resources, resulting in a more sustainable and profitable farming system.

In addition, these practices can result in crops that are more nutrient-dense and free of harmful pesticides and chemicals, which can make pulses more attractive as a source of protein, fiber, and starch.

Overall, sustainable agricultural practices have a significant impact on the pulses market by increasing the supply of high-quality, nutrient-dense pulses, promoting environmental sustainability, and meeting the growing demand for sustainably produced food products.

“Increasing Demand for Plant-based Proteins to Accelerate Market Growth”

Governments across the globe are promoting the consumption of plant-based proteins to address public health and environmental concerns. This includes initiatives such as dietary guidelines, public education campaigns, and subsidies for the production of plant-based protein sources.

In addition, as consumers become more health conscious, there is a growing interest in plant-based diets and alternative protein sources. Pulses are an excellent source of plant-based protein, making them an attractive option for consumers looking to increase their protein intake while reducing their consumption of animal products.

All of the above factors influence the demand for products containing plant-based proteins, which increases sales of the fractionated pulses.

“Increasing Regulations on Food Industry to Hinder the Market Growth”

Regulatory agencies require accurate and complete labeling of food products. Manufacturers of pulses and products made from pulses must ensure that their labeling complies with all relevant regulations. Fines and legal repercussions may follow failure to do so. Small producers who might lack the resources to comply with these requirements may find it difficult to enter the market as a result.

In addition, the pulses industry is subject to food safety regulations, which can be costly and time-consuming. Regulatory requirements for testing, packaging, and transportation can drive up production costs and restrict companies' ability to innovate.

As a result, regulatory hurdles can be a significant restraint on the market. Companies must navigate a complex web of regulations related to labeling, food safety, trade, GMOs, and sustainability. Failure to comply with these regulations can result in fines and legal action, making it difficult for small businesses to compete.

Country-wise Insights

How Does the Growing Vegan and Vegetarian Population in the U.S. Impact Market Growth?

The U.S. is estimated to grow with a CAGR of 6.7% during the forecast period.

As more people adopt a plant-based diet in the country, the demand for plant-based protein sources is increasing. Pulse ingredients, such as lentils, chickpeas, and peas, are excellent sources of protein and are therefore attractive to vegans and vegetarians.

As the demand for plant-based protein sources continues to grow, the demand for pulse ingredients is likely to increase. This will create opportunities for fractionated manufacturers and suppliers to expand their operations and increase their market share.

The aforementioned reasons play a major role in the growing acceptance of fractionated pulses products by the population, thereby increasing the sales of fractionated pulses in the country.

How is Healthy Eating Trend Impelling Fractionated Pulses Sales across the U.K.?

The trend towards healthier eating habits is increasing the demand for plant-based protein sources. Pulses are an excellent source of protein, fiber, and other nutrients, making them a popular choice among health-conscious consumers. Fractionated pulses are particularly attractive to consumers as they offer a high protein content with lower levels of carbohydrates and fats compared to whole pulses.

The U.K. government has also recognized the potential of fractionated pulses to improve public health and supportive research for its use in food products. For instance, the Biorefinery Centre at the University of York is conducting research into the use of fractionated pulses in meat substitutes.

In conclusion, the healthy eating trend is driving the sales of target products across the U.K. as consumers seek out plant-based protein sources that offer both nutritional and functional benefits. The increasing demand for target products is creating opportunities for manufacturers to develop new products and incorporate them into a wide range of food products.

Category-wise Insights

Why is Chickpeas by Source Gaining Popularity?

Chickpeas are popular choices due to their versatility, nutritional value, and sustainable sourcing practices across the world. The segment is expected to hold a prominent market share of 35.7% of the global target market in 2023 and is expected to witness a CAGR of 5.7% during the forecast years of 2023-2033.

Chickpeas are a great source of plant-based protein, fiber, and essential vitamins and minerals. They are also low in fat and calories, making them an attractive option for those looking to maintain a healthy diet. Additionally, it has been linked to several health benefits, including reduced risk of heart disease, improved digestion, and better blood sugar control which is contributing to its prominent shares.

Will the Utilization of Fractionated Pulses by Bakery Support Market Growth During the Forecast Period?

The utilization of fractionated pulses in the bakery industry is likely to support the growth of the pulse ingredients market during the forecast period. Fractionated pulses, such as pulse flours and proteins, are rich in protein, fiber, and other essential nutrients.

These ingredients can be used to make baked goods that are healthier and more nutritious than traditional baked goods made with refined wheat flour. Also, it can be used in a wide range of bakery products, including bread, muffins, cakes, cookies, and pastries.

It can be used as a partial or total replacement for wheat flour, adding nutritional value and functionality to the finished product. All these factors make them an attractive option for bakery manufacturers and consumers alike.

Competitive Landscape

Prominent fractionated pulses manufacturers are AGT food and ingredients, Ingredion Incorporated, Roquette Freres, Archer Daniels Midland Company, Axiom Foods Inc., Emsland Group, Avena Foods Ltd., Batory Foods, Cargill, and Nutripea.

Those who are established in the food industry have started to give significant priority to investments for introducing the most recent innovations and trends. Offering fractionated pulses in flexible packaging that prevents spills and preserves the product's freshness will present opportunities for the players to increase their revenue market share. The use of non-organic market play strategies, such as mergers, partnerships, collaborations, etc., would also make it easier for new firms to enter developed regions.

Fact.MR has provided detailed information about the price points of key manufacturers of fractionated pulses positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Fractionated Pulses Industry Research

• By Source :

  • Pea
  • Chickpeas
  • Beans
  • Lentils
  • Others

• By Type :

  • Flour
  • Concentrates
  • Isolates

• By Constituent :

  • Protein
  • Starch
  • Fiber

• By Application :

  • Bakery
  • Protein Bars
  • Beverages
  • Dairy Alternatives
  • Snacks
  • Meat Analogs
  • Pet Foods
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & ASEAN
  • Oceania
  • MEA