The size of the global market is predicted to reach USD 27 billion by 2032, according to recently released data from Future Market Insights’ pulse ingredients market. For the anticipated period of 2022–2032, it is expanding at a CAGR of 4.5%.
Because of the rising demand for natural ingredients and clean-labeled food products, the Pulse Ingredients Market is expanding. Consumers are shifting their diets to include more natural and organic ingredients because pulse ingredients are high in vitamins and minerals.
Moreover, as people become more health conscious, the demand for gluten-free natural ingredients is increasing. As a result, the Pulse Ingredients Market is expected to expand between 2022 and 2032.
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The growing consumer preference for protein-rich foods, such as pulse ingredient protein, is driving the Pulse Ingredient Market forward. Because of the health benefits provided by these ingredients’ high protein content, there is a growing demand for pulse-derived ingredients such as pea protein, pea flour, and pea starch. As a result, the Pulse Ingredients Market is expected to expand between 2022 and 2032.
Key Takeaways from Market Study
“The increasing demand for plant-based and gluten-free products, as well as the growing acceptance of protein-rich food products, are the primary factors driving market growth. Increasing disposable income, combined with a shift in people’s lifestyles, is expected to drive the overall market development of the Pulse Ingredients Market between 2022 and 2032,” says a Future Market Insights analyst.
Competitive Landscape
As a result of current trends, some key market players are focusing on various expansion strategies in order to sustain future growth. Product innovation, acquisition, collaboration, and expansion will remain popular strategies for market participants looking for a competitive advantage.
Among the prominent players and regional players in the global pulse ingredients market are Ingredion Incorporated, Roquette Frères S.A., Emsland-Starke GmbH, The Scoular Company, AGT Food and Ingredients Inc., Cosucra Groupe Warcoing S.A., Vestkorn Milling A.S., and Dakota Dry Bean, Inc.
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Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global pulse ingredient market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
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