The global pulse flour market has grown rapidly in recent years. It will grow from $9.9 billion in 2023 to $11 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to rising health and wellness, growing gluten-free and allergen-free attributes, rising prevalence of dietary, growing demand for sustainable food products, expanding use of pulse flours in food processing applications, increasing food service industry.
The global pulse flour market is expected to see strong growth in the next few years. It will grow to $15.95 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rising demand for gluten-free and healthy food products, growing awareness of the health benefits of pulses, government support for pulse production and consumption,. Major trends in the forecast period include innovation in the pulse flour industry, digital health technologies in pulse flour-based product development, product innovations, partnerships.
The rising demand for the food service industry is expected to propel the growth of the pulse flour market going forward. The food service industry refers to a sector of the economy that involves preparing, distributing and selling food and beverages to consumers outside their homes. Pulse flour, made from pulses (the dry, edible seeds of legume plants), has gained popularity in the food service industry due to its numerous benefits and versatility, providing meals and food products with unique and valuable qualities. For instance, in July 2023, according to a report published by the United States Department of Agriculture, a US-based federal agency, about $2.11 trillion in food was provided globally by the food service and retail sectors in 2021 and $2.39 trillion in 2022, an increase of $0.28 trillion. Further, global food service establishments provided $1.16 trillion in 2021 and $1.34 trillion in 2022. Therefore, the rising demand for the food service industry will drive the growth of the pulse flour market.
Government efforts to encourage the consumption of pulses are anticipated to drive the growth of the pulse flour market in the future. Government initiatives refer to the support and programs provided by governmental bodies, be it at the federal, state, or local level, to various organizations, projects, and individuals in the pulse industry. These initiatives often focus on enhancing the quality of pulses and promoting their cultivation and consumption, especially in the form of pulse flour. For instance, as of February 2023, the Government of Western Australia has launched several programs aimed at promoting the consumption of pulses, highlighting their nutritional benefits and global significance. Pulses, including chickpeas, lentils, field peas, faba beans, and lupins, are receiving increased attention for their health benefits. Therefore, government initiatives to promote pulses play a significant role in propelling the pulse flour market's growth.
Fluctuations in freight expenses pose a challenge and may impede the market's growth during the forecast period. Freight costs pertain to the expenses associated with transporting pulse flour from the production site to the end-user. If the production site is located far from the end-user, the transportation costs can be significantly high, leading to an increase in the overall cost of pulse flour. For instance, as of March 2022, the International Monetary Fund reported that shipping costs play a crucial role in driving global inflation rates, with inflation increasing by approximately 0.7% points when freight rates double. Consequently, fluctuations in freight costs are acting as a deterrent to the growth of the pulse flour market.
Leading companies in the pulse flour market are actively engaged in product innovation, exemplified by offerings like Prista, to maintain their competitive edge. Prista flour represents a line of gluten-free flours specially designed as substitutes for wheat flour. As an example, in September 2021, Ingredion Incorporated, a U.S.-based company specializing in food and beverage ingredients, introduced the Prista product line, featuring a variety of flours and concentrates derived from pulses. This range includes items like Vitessence Prista P 360 fava bean protein concentrate, Vitessence Prista P 155 pea protein concentrate, and Homecraft Prista P 101 pea flour. These pulse flours and concentrates can be utilized by manufacturers to develop products such as instant beverages and ready-to-eat foods, particularly in cases where maintaining low microbial levels is crucial.
In June 2023, Columbia Grain International Inc., a U.S.-based supplier of bulk grains, completed the acquisition of Great River Organic Milling for an undisclosed sum. This strategic move positions Columbia Grain International to venture into the consumer-packaged goods market and introduce innovative, nutritious packaged food products. Great River Organic Milling is a U.S.-based flour manufacturer with expertise in producing organic and specialty pulse flour specifically designed for baking applications.
Major players in the pulse flour market are Cargill Incorporated, The Archer-Daniels-Midland Company, Bunge Limited, Ingredion Incorporated, Ardent Mills, Groupe Limagrain Holding SA, Blue Ribbon LLC, SunOpta Inc., Minsa Corporation, The Scoular Company, Bob's Red Mill Natural Foods Inc., The Buhler Holding AG, Batori Foods Inc., Carrs Flour Mills Limited, Grain Millers Inc., AGT Food & Ingredients, Agspring, Puris Proteins LLC, Anchor Ingredients Co. LLC, Doves Farm Foods Ltd., Vestkorn Milling AS, Bean Growers Australia Ltd., Best Cooking Pulses Inc., Avena Foods Limited, The TradeLink International Group, Diefenbaker Spice and Pulse (DSP), Great Western Grain Co. Ltd.
North America was the largest region in the pulse flour market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Pulse Flour market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of pulse flour are derived from beans, chickpeas, lentils, and peas. These specific pulse sources indicate the type of legume used to produce the flour, and they can be employed in a wide range of culinary uses. Pulse flours are available in both organic and conventional categories and are distributed through various channels, including food chain services, modern trade, convenience stores, department stores, online retailers, and more. They find application in diverse areas such as bakery, extruded snacks, pet food, animal feed, and other culinary uses.
The pulse flour research report is one of a series of new reports provides pulse flour market statistics, including the pulse flour global market size, regional shares, competitors with a pulse flour market share, detailed pulse flour market segments, market trends and opportunities and any further data you may need to thrive in the pulse flour. This pulse flour market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The pulse flour market consists of sales of fava bean flour, black bean flour, navy bean flour, kidney bean flour, mung bean flour, cowpea flour and adzuki flour. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The global pulse flour market is expected to see strong growth in the next few years. It will grow to $15.95 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rising demand for gluten-free and healthy food products, growing awareness of the health benefits of pulses, government support for pulse production and consumption,. Major trends in the forecast period include innovation in the pulse flour industry, digital health technologies in pulse flour-based product development, product innovations, partnerships.
The rising demand for the food service industry is expected to propel the growth of the pulse flour market going forward. The food service industry refers to a sector of the economy that involves preparing, distributing and selling food and beverages to consumers outside their homes. Pulse flour, made from pulses (the dry, edible seeds of legume plants), has gained popularity in the food service industry due to its numerous benefits and versatility, providing meals and food products with unique and valuable qualities. For instance, in July 2023, according to a report published by the United States Department of Agriculture, a US-based federal agency, about $2.11 trillion in food was provided globally by the food service and retail sectors in 2021 and $2.39 trillion in 2022, an increase of $0.28 trillion. Further, global food service establishments provided $1.16 trillion in 2021 and $1.34 trillion in 2022. Therefore, the rising demand for the food service industry will drive the growth of the pulse flour market.
Government efforts to encourage the consumption of pulses are anticipated to drive the growth of the pulse flour market in the future. Government initiatives refer to the support and programs provided by governmental bodies, be it at the federal, state, or local level, to various organizations, projects, and individuals in the pulse industry. These initiatives often focus on enhancing the quality of pulses and promoting their cultivation and consumption, especially in the form of pulse flour. For instance, as of February 2023, the Government of Western Australia has launched several programs aimed at promoting the consumption of pulses, highlighting their nutritional benefits and global significance. Pulses, including chickpeas, lentils, field peas, faba beans, and lupins, are receiving increased attention for their health benefits. Therefore, government initiatives to promote pulses play a significant role in propelling the pulse flour market's growth.
Fluctuations in freight expenses pose a challenge and may impede the market's growth during the forecast period. Freight costs pertain to the expenses associated with transporting pulse flour from the production site to the end-user. If the production site is located far from the end-user, the transportation costs can be significantly high, leading to an increase in the overall cost of pulse flour. For instance, as of March 2022, the International Monetary Fund reported that shipping costs play a crucial role in driving global inflation rates, with inflation increasing by approximately 0.7% points when freight rates double. Consequently, fluctuations in freight costs are acting as a deterrent to the growth of the pulse flour market.
Leading companies in the pulse flour market are actively engaged in product innovation, exemplified by offerings like Prista, to maintain their competitive edge. Prista flour represents a line of gluten-free flours specially designed as substitutes for wheat flour. As an example, in September 2021, Ingredion Incorporated, a U.S.-based company specializing in food and beverage ingredients, introduced the Prista product line, featuring a variety of flours and concentrates derived from pulses. This range includes items like Vitessence Prista P 360 fava bean protein concentrate, Vitessence Prista P 155 pea protein concentrate, and Homecraft Prista P 101 pea flour. These pulse flours and concentrates can be utilized by manufacturers to develop products such as instant beverages and ready-to-eat foods, particularly in cases where maintaining low microbial levels is crucial.
In June 2023, Columbia Grain International Inc., a U.S.-based supplier of bulk grains, completed the acquisition of Great River Organic Milling for an undisclosed sum. This strategic move positions Columbia Grain International to venture into the consumer-packaged goods market and introduce innovative, nutritious packaged food products. Great River Organic Milling is a U.S.-based flour manufacturer with expertise in producing organic and specialty pulse flour specifically designed for baking applications.
Major players in the pulse flour market are Cargill Incorporated, The Archer-Daniels-Midland Company, Bunge Limited, Ingredion Incorporated, Ardent Mills, Groupe Limagrain Holding SA, Blue Ribbon LLC, SunOpta Inc., Minsa Corporation, The Scoular Company, Bob's Red Mill Natural Foods Inc., The Buhler Holding AG, Batori Foods Inc., Carrs Flour Mills Limited, Grain Millers Inc., AGT Food & Ingredients, Agspring, Puris Proteins LLC, Anchor Ingredients Co. LLC, Doves Farm Foods Ltd., Vestkorn Milling AS, Bean Growers Australia Ltd., Best Cooking Pulses Inc., Avena Foods Limited, The TradeLink International Group, Diefenbaker Spice and Pulse (DSP), Great Western Grain Co. Ltd.
North America was the largest region in the pulse flour market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Pulse Flour market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of pulse flour are derived from beans, chickpeas, lentils, and peas. These specific pulse sources indicate the type of legume used to produce the flour, and they can be employed in a wide range of culinary uses. Pulse flours are available in both organic and conventional categories and are distributed through various channels, including food chain services, modern trade, convenience stores, department stores, online retailers, and more. They find application in diverse areas such as bakery, extruded snacks, pet food, animal feed, and other culinary uses.
The pulse flour research report is one of a series of new reports provides pulse flour market statistics, including the pulse flour global market size, regional shares, competitors with a pulse flour market share, detailed pulse flour market segments, market trends and opportunities and any further data you may need to thrive in the pulse flour. This pulse flour market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The pulse flour market consists of sales of fava bean flour, black bean flour, navy bean flour, kidney bean flour, mung bean flour, cowpea flour and adzuki flour. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Pulse Flour Market Characteristics3. Pulse Flour Market Trends and Strategies32. Global Pulse Flour Market Competitive Benchmarking33. Global Pulse Flour Market Competitive Dashboard34. Key Mergers and Acquisitions in the Pulse Flour Market
4. Pulse Flour Market - Macro Economic Scenario
5. Global Pulse Flour Market Size and Growth
6. Pulse Flour Market Segmentation
7. Pulse Flour Market Regional and Country Analysis
8. Asia-Pacific Pulse Flour Market
9. China Pulse Flour Market
10. India Pulse Flour Market
11. Japan Pulse Flour Market
12. Australia Pulse Flour Market
13. Indonesia Pulse Flour Market
14. South Korea Pulse Flour Market
15. Western Europe Pulse Flour Market
16. UK Pulse Flour Market
17. Germany Pulse Flour Market
18. France Pulse Flour Market
19. Italy Pulse Flour Market
20. Spain Pulse Flour Market
21. Eastern Europe Pulse Flour Market
22. Russia Pulse Flour Market
23. North America Pulse Flour Market
24. USA Pulse Flour Market
25. Canada Pulse Flour Market
26. South America Pulse Flour Market
27. Brazil Pulse Flour Market
28. Middle East Pulse Flour Market
29. Africa Pulse Flour Market
30. Pulse Flour Market Competitive Landscape and Company Profiles
31. Pulse Flour Market Other Major and Innovative Companies
35. Pulse Flour Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on pulse flour market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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Description
Where is the largest and fastest growing market for pulse flour? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:
1) By Product Type: Bean; Chickpea; Lentil; Pea2) By Category: Organic Flour; Conventional Flour
3) By Distribution Channel: Food Chain Services; Modern Trade; Convenience Store; Departmental Store; Online Store; Other Distribution Channel
4) By Application: Bakery; Extruded Snacks; Pet Food and Feed; Other Applications
Key Companies Mentioned: Cargill Incorporated; The Archer-Daniels-Midland Company; Bunge Limited; Ingredion Incorporated; Ardent Mills
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Methodology
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