|Study Period:||2016 -2027|
|Fastest Growing Market:||South America|
|Largest Market:||North America|
Need a report that reflects how COVID-19 has impacted this market and its growth?
The global pulse flour market is projected to record a CAGR of 7.97% during the forecast period 2022-2027.
The impact of the COVID-19 pandemic on the pulse flour market can be largely characterized by unprecedented disruptions in supply and demand, which posed hurdles for all stakeholders, including consumers. Further, the pandemic resulted in increased pulse flour prices. For instance, in India, the price of white urad dal flour was USD 1.21/kg before the pandemic, while it increased to around USD 1.27/kg during the pandemic. Further, the unavailability of labor at mills was among the major reasons for the price hike of pulse flours, which was worsened by the increased transportation prices of both raw materials and milled flour. As a result, the prices of food grains, including flours and pulses, rose by 15-20% in many countries.
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 flours.
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.
Scope of the Report
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 into organic flour and conventional flour. The market is also segmented by product type 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. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
|By Product Type|
|Pet Food and Feed|
Key Market Trends
Growing Demand for Organic and Gluten-free Flour
The rise in consumer awareness regarding gluten sensitivity has propelled the demand for gluten-free flour globally. Pulse flour, being a gluten-free ingredient, has seen increased preference among consumers in recent years. Although the prevalence of celiac disease is approximately moderate globally, the number of Americans giving up eating gluten has increased over the last decade. According to the Mayo Clinic, 3.1 million Americans follow a gluten-free diet, and 72% of them are classified as PWAGs or “people without celiac disease avoiding gluten.” Therefore, manufacturers are offering a wide range of gluten-free products using gluten-free ingredients, such as pulse flour, which range from low to high nutritional value. Further, companies have been extensively involved in the research and development of such products to cater to organic and gluten-free industries and thus, remain competitive in the market. For instance, Limagrain Céréales Ingrédients upgraded its Nutrition and Taste & Color solutions with an organic pulses flour range.
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North America Holds the Largest Market Share
Lifestyle shifts and increasing environmental awareness, such as veganism and consumption of non-GMO, gluten-free products, and the growing demand for natural and healthy ingredients have been driving the pulse flour market. For instance, Nutriati launched a proprietary chickpea ingredient for plant-based meats, named Artesa Textured Pulse Protein, which is a combination of Nutriati’s Artesa chickpea flour and carefully sourced yellow pea protein that is manufactured following the tightly-controlled final ingredient specifications. The key driving factor for the market is the increased demand for pulse flour in bakery applications, as it is gluten-free, offers better hydration and softness, and nutritionally enriches the products.
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The market studied is highly competitive in nature due to the presence of domestic and international players. Some of the key players in the pulse flour market globally include Archer Daniels Midland Company, AGT Foods and Ingredients, Anchor Ingredients, Avena Foods, and Ingredion Incorporated Food Company. The key players are majorly focusing on product development and innovation to meet consumers’ needs by offering a variety in taste and in the product quality to maintain premiumization.
· In 2021, Limagrain Ingredient introduced Uniflour 35501, a new heat-treated pea flour, to meet the needs of calves and piglets for milk replacers.
· In 2021, Ingredion launched pulse-based ingredient solutions, including Homecraft Prista P 101 pea flour, for plant-protein-based applications, including instant and ready-to-eat (RTE) products.
· In 2020, Buhler collaborated with the Food Application Center (FAC) in Minnesota, United States, where it will hold discussions with food and feed industry customers, startups, members of academia, and other partners to develop sustainable solutions for the North American market. Moreover, Bühler is expected to utilize the new state-of-the-art application center to turn the crops of raw materials, such as pulses, ancient grains, beans, oats, and others, into flours, snacks, extruded products, and even plant-based protein products.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Category
5.1.1 Organic Flour
5.1.2 Conventional Flour
5.2 By Product Type
5.3 By Application
5.3.2 Extruded Snacks
5.3.3 Pet Food and Feed
5.3.4 Other Applications
5.4.1 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
18.104.22.168 Rest of Asia-Pacific
5.4.4 South America
22.214.171.124 Rest of South America
5.4.5 Middle-East and Africa
126.96.36.199 Saudi Arabia
188.8.131.52 South Africa
184.108.40.206 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Strategies Adopted by Key Players
6.2 Most Active Companies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Archer Daniels Midland Company (ADM)
6.4.3 AGT Food & Ingredients
6.4.4 Ingredion Incorporated
6.4.5 The Buhler Holding AG
6.4.6 Avena Foods Limited
6.4.7 Groupe Limagrain
6.4.8 Ardent Mills
6.4.9 Anchor Ingredients Co. LLC
6.4.10 Diefenbaker Spice and Pulse (DSP)
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
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Frequently Asked Questions
What is the study period of this market?
The Pulse Flour Market market is studied from 2016 - 2027.
What is the growth rate of Pulse Flour Market?
The Pulse Flour Market is growing at a CAGR of 7.97% over the next 5 years.
Which region has highest growth rate in Pulse Flour Market?
South America is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Pulse Flour Market?
North America holds highest share in 2021.
Who are the key players in Pulse Flour Market?
AGT Foods and Ingredients, Anchor Ingredients, Avena Foods, Ingredion Incorporated Food company, Archer-Daniels-Midland Company are the major companies operating in Pulse Flour Market.