Segment Breakdown and Major Growth Areas in the Pulse Flour Market

The pulse flour market is set to experience significant expansion over the coming years, driven by evolving consumer preferences and innovations in food technology. As demand rises for sustainable and plant-based protein sources, this sector is positioned for robust growth through 2030. Let's explore the market size, key players, emerging trends, and detailed segment analysis shaping its future.

Growing Market Size and Forecast for the Pulse Flour Market
The pulse flour industry is forecasted to reach $19.32 billion by 2030, expanding at a compound annual growth rate (CAGR) of 10.2%. This impressive growth is fueled by increasing consumer interest in sustainable protein alternatives and functional foods. The market also benefits from the expansion of vegan bakery products, wider use of pulse flour in pet food, and growing investment in innovations centered around pulse-based foods. Key trends expected to influence the market include a rise in gluten-free baking applications, greater demand for plant-based protein ingredients, and an increase in organic pulse flour options. Additionally, there is a strong focus on clean-label baking solutions and the incorporation of pulse flour in snacks and extruded products.

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Leading Companies Making an Impact in the Pulse Flour Market
Several prominent firms hold significant positions within the pulse flour market, including Cargill Incorporated, The Archer-Daniels-Midland Company, Bunge Limited, Ingredion Incorporated, and Ardent Mills. Other notable players are Groupe Limagrain Holding SA, Blue Ribbon LLC, SunOpta Inc., Minsa Corporation, and The Scoular Company. The list also features 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, and Doves Farm Foods Ltd. Regional and specialized companies such as Vestkorn Milling AS, Bean Growers Australia Ltd., Best Cooking Pulses Inc, Avena Foods Limited, The TradeLink International Group, Diefenbaker Spice and Pulse (DSP), and Great Western Grain Co. Ltd. also contribute to the competitive landscape.

Strategic Acquisition Strengthening Market Position
In June 2023, Columbia Grain International Inc., a bulk grain supplier based in the United States, acquired Great River Organic Milling. The acquisition amount was not disclosed. This move enables Columbia Grain International to strengthen its foothold in the consumer-packaged goods arena and innovate new wholesome packaged food items. Great River Organic Milling specializes in organic and specialty pulse flour tailored for baking uses, making it a strong complement to Columbia Grain International's existing portfolio.

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Innovation in High-Performance Chickpea Flour Highlighting Market Trends
Companies within the pulse flour space are focusing on developing enhanced chickpea flour varieties to maintain competitive advantage. These high-performance chickpea flours undergo specialized processing to improve their functional qualities, making them ideal for diverse food applications. For example, in March 2024, Supplant Foods, an Indian provider of vegan food ingredients, announced it had patented a method for producing high-performance chickpea flour. This innovative process improves chickpea protein functionality by eliminating off-flavors and undesirable colors, broadening its potential uses. The technology supports the creation of more versatile and appealing plant-based and gluten-free foods, addressing growing consumer demand for high-quality, plant-derived products.

Detailed Segment Breakdown Offering Insights Into the Pulse Flour Market
This report segments the pulse flour market into several main categories:
- By Product Type: Bean, Chickpea, Lentil, Pea
- By Category: Organic Flour and Conventional Flour
- By Distribution Channel: Food Chain Services, Modern Trade, Convenience Store, Departmental Store, Online Store, and Other Distribution Channels
- By Application: Bakery, Extruded Snacks, Pet Food and Feed, and Other Applications

Further subdivisions include:
- Bean types such as Black Bean Flour, Kidney Bean Flour, and Pinto Bean Flour
- Chickpea varieties including Gram Flour (Besan) and Roasted Chickpea Flour
- Lentil flours like Red Lentil Flour, Green Lentil Flour, and Brown Lentil Flour
- Pea flour types such as Yellow Pea Flour and Green Pea Flour

This detailed segmentation provides a comprehensive view of the market landscape and consumer preferences, offering valuable insights for industry stakeholders.

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This release was published on openPR.