The global pulse protein market is anticipated to grow at a significant CAGR of around 4.5% during the forecast period. Increasing demand for clean-label and gluten-free food products among health-conscious consumers globally is augmenting the pulse protein market. The customers demand food products that are processed without any additives and should be protein-rich.In addition, rising awareness among consumers about plant-based proteins along with their increased applications in food product development as pulse protein offers improved flavor & mouth feel and digestive ease is, are positively helping in the growth of the market. Significant investment in protein-rich diets and supplements by the millennials in high disposable income countries aids in the growth of the pulse protein market. As per the CRN Consumer Survey on Dietary Supplements in 2019, 77 percent of Americans consume dietary supplements among which vitamins & minerals continue to be the most commonly consumed supplement category. Moreover, an average American spends $56 each month on supplementation. In fact, over 60% of the population spends more than $40 each month on their supplements. Around 97% of Americans admit to spending money on protein shakes every month. .
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Rising collaborations among prominent players to fulfill the surging market demands further assist in market growth. For instance, In October 2021, Bühler Group and Hosokawa Alpine Group collaborated to accelerate and strengthen the production of healthier and sustainable plant protein solutions. The companies in partnership are able to offer their customer process technology and expertise along the complete field-to-fork pulses protein chain. Both the companies, Bühler’s upstream pulses process, and Hosokawa’s company processes size reduction and classification, produce the highest yields of high protein concentrates that are rich in the source.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Pulse Protein Market by Source
- Beans
- Peas
- Lentils
- Others
Global Pulse Protein Market by Form
- Isolates
- Hydrolysates
- Concentrates
Global Pulse Protein Market by Nature
- Organic
- Conventional
Global Pulse Protein Market by End-User
- Food & Beverages
- Pharmaceuticals
- Feed
- Others
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ADM
- Amano Enzyme Inc.
- Artesa by Nutriati
- Axiom Food Inc.
- Bob’s Red Mill Natural Foods, Inc.
- Burcon
- Eat Well Investment Group Inc.’s
- ErMats International Foods Ltd.
- Louis Dreyfus Company B.V.
- MORRE-TEC Industries
- NOW Health Group, Inc.
- Popular Pulse Products Pvt. Ltd.
- Pulse Canada
- Pulse Kitchen
- PURIS
- Soufflet Group
- Targray Technology International Inc.
- The Scoular Co.
- Valency International Pte Ltd
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