Pulse Flour Market Size and Forecast 2024-2033|Cargill Incorporated, The Archer-Daniels-Midland Company, Bunge Limited, Ingredion Incorporated, Ardent Mills

Red lentils and lentil flour in small bowls

Overview and Scope

Pulse flour refers to the finely ground powder made from dried pulses, the edible seeds of leguminous plants widely used as a gluten-free alternative to wheat flour in baking. It is a nutritious and versatile alternative to traditional wheat flour, offering a range of health benefits and culinary possibilities.

Sizing and Forecast

The pulse flour market size 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 pulse flour market size 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.

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Segmentation & Regional Insights

The pulse flour market covered in this report is segmented –

1) By Product Type: Bean; Chickpea; Lentil; Pea

2) 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

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 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth

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.

Key Industry Players

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.

The pulse flour market report table of contents includes:

1. Executive Summary

2. Pulse Flour Market Characteristics

3. Pulse Flour Market Trends And Strategies

4. Pulse Flour Market – Macro Economic Scenario

5. Global Pulse Flour Market Size and Growth

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

Top Major Players: