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Report Overview
The global pulses market size reached around 101.64 MMT in 2023. The market is projected to grow at a CAGR of 1.70% between 2024 and 2032 to reach nearly 118.29 MMT by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- Due to the large vegetarian and vegan population in developing countries such as India, pulses are widely consumed as a source of protein.
- Pulses boast double the protein content of wheat and three times that of rice.
- Plant-based food sales increased 3 times faster in 2021 globally than non-plant-based food sales; in particular, plant-based online retail experienced around 200% year-over-year growth in sales.
Global Pulses Market Size
The global pulses market size reached around 101.64 MMT in 2023. The market is projected to grow at a CAGR of 1.7% between 2024 and 2032 to reach nearly 118.96 MMT by 2032.
Key Takeaways
- Due to the large vegetarian and vegan population in developing countries such as India, pulses are widely consumed as a source of protein.
- Pulses boast double the protein content of wheat and three times that of rice.
- Plant-based food sales increased 3 times faster in 2021 globally than non-plant-based food sales; in particular, plant-based online retail experienced around 200% year-over-year growth in sales.
Pulses are a great source of essential nutrients such as potassium, folate, iron, vitamins, and antioxidants. Changing lifestyles and hectic working hours are contributing to a greater adoption of ready-to-eat (RTE) food products. Consumers are on the lookout for healthy ready-to-eat meals and snack options. Pulses are an excellent ingredient to incorporate into convenience foods due to their health benefits.
Some of the factors driving the pulses market include consumers’ growing demand for plant-based diets and the rising use of pulses as plant-based meat substitutes. Being a fibre-rich food, pulses offer several health benefits, including improved digestion, weight management, and reduced risk of chronic diseases. Pulses are frequently incorporated in several cuisines globally, such as Indian, Mexican, and Mediterranean, among others.
Pulses Market Report Snapshots
Pulses Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market volume was nearly 101.64 MMT.
The market is assessed to grow at a CAGR of 1.70% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around 118.29 MMT by 2032.
The associated health benefits offered by pulses, rising awareness about the nutritious content of pulses, and growing demand for healthy foods are driving the market.
The key trends include growing trend of veganism across the global population, and rising demand for organic pulses.
The different types of pulses include chick peas, kaspa peas, lentils, pigeon peas, fava beans, cow peas, beans, black gram, and mung beans, among others.
The major end uses of pulses include households, food services (HoReCa), and feed.
The major players in the market include Adani Wilmar Limited, Archer Daniels Midland Company, BroadGrain Commodities Inc., Louis Dreyfus Company B.V., Ardent Mills, LLC, Arbel A. S., and La Milanaise, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124