Press release
Organic Pulse Protein Market To Witness Huge Growth By 2031 - Ingredion, Cargill, AGT Food and Ingredients, Glanbia
The global Organic Pulse Protein Market was valued at USD 11.5 billion in 2022 and is projected to reach USD 23.2 billion by 2030, growing at a CAGR of 9.2% from 2024 to 2031. The rising health consciousness among consumers and increasing awareness of the environmental impact of food choices are driving the growing demand for organic pulse protein.DataM Intelligence has released a new research report on "Organic Pulse Protein Market Size 2024." This report offers in-depth insights into key factors such as regional growth, segmentation, CAGR, and the revenue status of leading players in the industry. Its aim is to present a detailed overview of the current market size in terms of value and volume, as well as potential opportunities and development trends.
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Organic pulse protein supports sustainability trends by utilizing fewer resources, such as water and land, compared to animal-based protein sources. With growing consumer awareness about the environmental impact of their food choices, there is an increasing demand for sustainable and eco-friendly protein options, further driving the growth of the global organic pulse protein market.
The Organic Pulse Protein Market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Key Developments
January 5, 2022: NuCicer introduced sustainable, high-protein chickpea varieties, extending their range from whole beans to gluten-free flours and protein ingredients. The company aims to scale up by collaborating with growers focused on leveraging chickpeas' nitrogen-fixing capabilities and climate resilience.
April 1, 2021: Ingredion Incorporated, a major global ingredient solutions provider for the food and beverage industry, acquired KaTech, a German firm specializing in innovative texture and stability solutions. This acquisition enhances Ingredion's Food Systems platform, expanding its portfolio with advanced solutions.
June 23, 2020: PLT Health Solutions partnered with Nutriati, LLC to launch Artesa Textured Pulse Protein. This new ingredient combines Nutriati's Artesa Chickpea Flour with yellow pea protein, offering a versatile option for meat alternatives, including hamburgers, meatballs, pizza toppings, and substitutes for chicken, fish, and pork.
Market Dynamics:
The Increasing Awareness of the Health Benefits of Organic Pulse Protein Consumption Drives Market Growth
The health benefits of organic pulse protein, including its richness in essential amino acids, fiber, and nutrients, are becoming more recognized in health and wellness communities. This trend is expected to sustain steady growth in the organic pulse protein market.
Additionally, consumers are increasingly drawn to products with clean labels, which emphasize transparency and minimal processing. Organic pulse protein meets this demand by being minimally processed and free from synthetic chemicals, making it an attractive choice for health-conscious individuals seeking natural and wholesome food options. This preference further propels market growth.
Market Segment Analysis
By Type: Chickpeas, Yellow Peas, Lentils, Others
By Application: Food and Drink, Infant Nutrition, Medicine, Animal Feed, Others
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Major Key players
• Ingredion
• Cargill
• AGT Food and Ingredients
• Glanbia
• The Scoular Company
• Nutriati
• TERRENA
• Prolupin GmbH
• Axiom Foods
• NOW Health Group
*Note:
Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.
Related Reports:
Protein Ingredients Market: https://datamintelligence.com/research-report/protein-ingredients-market
Oat Protein Market: https://datamintelligence.com/research-report/oat-protein-market
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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