What is Global Fractionated Pulses Market?
The Global Fractionated Pulses Market is a vast and dynamic sector that deals with the production, distribution, and consumption of fractionated pulses worldwide. Fractionated pulses are essentially pulses like lentils, chickpeas, and peas that have been processed and broken down into their constituent parts like protein, starch, and fiber. These components are then used in various food and beverage applications due to their nutritional benefits and functional properties. The global market for these fractionated pulses is influenced by several factors such as the growing demand for plant-based proteins, increasing awareness about the health benefits of pulses, and the rising trend of clean eating and veganism. However, the market also faces certain challenges like the fluctuating prices of pulses and the lack of awareness about fractionated pulses in certain regions. Despite these challenges, the market continues to grow and evolve, offering numerous opportunities for both existing players and new entrants.
Pea, Chickpeas, Lentils, Others in the Global Fractionated Pulses Market:
Pea, Chickpeas, Lentils, and others are some of the key types of pulses that are fractionated and used in the Global Fractionated Pulses Market. Each of these pulses has its unique nutritional profile and functional properties, making them suitable for different applications. For instance, pea protein is highly popular in the plant-based food industry due to its high protein content and excellent amino acid profile. Chickpeas, on the other hand, are rich in fiber and are often used in bakery products and snacks. Lentils are a great source of iron and are commonly used in soups, stews, and salads. Other pulses like beans and lupins are also fractionated and used in various food and beverage applications. The choice of pulse for fractionation largely depends on the desired nutritional profile and the specific application.
Bakery, Beverages, Dairy Alternatives, Meat Analogs, Others in the Global Fractionated Pulses Market:
The Global Fractionated Pulses Market finds extensive usage in several areas such as Bakery, Beverages, Dairy Alternatives, Meat Analogs, and others. In the bakery industry, fractionated pulses are used as a source of protein and fiber, and also to improve the texture and shelf-life of baked goods. In the beverage industry, they are used in protein shakes, smoothies, and plant-based milk due to their high protein content and creamy texture. Dairy alternatives like plant-based yogurt and cheese also use fractionated pulses as a key ingredient. Meat analogs, which are plant-based substitutes for meat, use fractionated pulses to mimic the texture and taste of meat. Other applications of fractionated pulses include snacks, sauces, and ready-to-eat meals.
Global Fractionated Pulses Market Outlook:
According to a recent survey, the Global Fractionated Pulses Market is set for significant growth in the coming years. The market, which was valued at US$ 7600 million in 2022, is expected to reach a value of US$ 11280 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period from 2023 to 2029. This projected growth can be attributed to several factors such as the increasing demand for plant-based proteins, the rising trend of veganism, and the growing awareness about the health benefits of pulses. However, the market also faces certain challenges like the fluctuating prices of pulses and the lack of awareness about fractionated pulses in certain regions. Despite these challenges, the market is expected to continue its upward trajectory, offering numerous opportunities for both existing players and new entrants.
| Report Metric | Details |
| Report Name | Fractionated Pulses Market |
| Accounted market size in 2022 | US$ 7600 million |
| Forecasted market size in 2029 | US$ 11280 million |
| CAGR | 5.8% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | AGT food and ingredients, Ingredion Incorporated, Axiom Foods Inc., Emsland Group, Avena Foods Ltd., Cargill, Nutripea |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
