Market Size of Pulse Flour Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.97 % |
| Fastest Growing Market | South America |
| Largest Market | North America |
| Market Concentration | Low |
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*Disclaimer: Major Players sorted in no particular order |
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Pulse Flour Market Analysis
The global pulse flour market is projected to record a CAGR of 7.97% over the next five years.
Pulse flour, a gluten-free functional ingredient, is being driven by its increasing demand in various food and animal feed industries. The high demand for pulse flour is majorly due to its higher nutritional properties as compared to other grain flour. Government initiatives for pulse harvesting are also resulting in increased growth and volume of pulses, further driving the market. The growth of the pulse flour market is witnessing a huge boost with the rising number of new pulse flour-based products that have been launched in North America and Europe over the past few years. For instance, in 2021, Limagrain Ingredient introduced Uniflour 35501, a new heat-treated pea flour, to meet the needs of calves and piglets for milk replacers.
Improvements in the food processing and food service sectors, along with improvements in the world's agricultural growth over the past ten years, have created new opportunities for pulse flours and have supported market expansion over the years. The desire for clean-label food products in the market is causing it to flourish even more. The Pulse Flour Market is anticipated to continue expanding significantly due to rising consumer expenditure on health-improving products, rising crop yield, globalization, changing lifestyles, and rising personal disposable income.
Pulse Flour Industry Segmentation
Pulse flours are flours made from pulses such as chickpeas, lentils, lupin (also commonly called lupini) beans, and multiple varieties of peas, among others. The global pulse flour market is segmented by category, product type, application, and geography. By category, the market has been segmented into organic flour and conventional flour. By product type, the market has been segmented into bean, chickpea, lentil, and pea. Based on application, the market is segmented into bakery, extruded snacks, pet food and feed, and other applications. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. The market sizing has been done in value terms in USD for all the abovementioned segments.
| Category | |
| Organic Flour | |
| Conventional Flour |
| Product Type | |
| Bean | |
| Chickpea | |
| Lentil | |
| Pea |
| Application | |
| Bakery | |
| Extruded Snacks | |
| Pet Food and Feed | |
| Other Applications |
| Geography | |||||||||
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Pulse Flour Market Size Summary
The pulse flour market is experiencing significant growth, driven by its increasing demand as a gluten-free functional ingredient in various food and animal feed industries. This surge in demand is primarily attributed to the superior nutritional properties of pulse flour compared to other grain flours. Government initiatives promoting pulse harvesting are further contributing to market expansion. The introduction of new pulse flour-based products, particularly in North America and Europe, has also bolstered market growth. Improvements in food processing and service sectors, alongside advancements in agricultural practices, have created new opportunities for pulse flours. The market is further propelled by the rising consumer preference for clean-label food products, increased consumer expenditure on health-improving products, and lifestyle changes such as veganism and gluten-free diets.
The pulse flour market is characterized by a competitive landscape with both domestic and international players actively engaging in product development and innovation. Key players like Archer Daniels Midland Company, AGT Foods and Ingredients, and Ingredion Incorporated are focusing on offering a variety of taste and product quality to meet consumer demands. The market is witnessing a growing demand for pulse flour in bakery applications due to its gluten-free nature, which enhances hydration and softness while providing nutritional benefits. The increasing awareness of the health benefits associated with pulse flour, such as improved digestion and weight management, is driving its adoption in the production of soups, sauces, dips, and spreads. As consumer health consciousness rises, the market is expected to continue its upward trajectory, supported by ongoing research and development efforts to cater to organic and gluten-free industries.
Pulse Flour Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Category
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2.1.1 Organic Flour
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2.1.2 Conventional Flour
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2.2 Product Type
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2.2.1 Bean
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2.2.2 Chickpea
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2.2.3 Lentil
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2.2.4 Pea
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2.3 Application
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2.3.1 Bakery
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2.3.2 Extruded Snacks
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2.3.3 Pet Food and Feed
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2.3.4 Other Applications
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 United Kingdom
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2.4.2.2 France
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2.4.2.3 Germany
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2.4.2.4 Russia
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2.4.2.5 Italy
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2.4.2.6 Spain
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 Australia
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2.4.3.4 India
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle-East and Africa
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2.4.5.1 Saudi Arabia
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2.4.5.2 South Africa
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2.4.5.3 Rest of Middle-East and Africa
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Pulse Flour Market Size FAQs
What is the current Pulse Flour Market size?
The Pulse Flour Market is projected to register a CAGR of 7.97% during the forecast period (2024-2029)
Who are the key players in Pulse Flour Market?
AGT Foods and Ingredients, Anchor Ingredients, Avena Foods, Ingredion Incorporated Food company and Archer-Daniels-Midland Company are the major companies operating in the Pulse Flour Market.
