The global pulse protein market is anticipated to grow at a considerable CAGR of around 4.5% during the forecast period (2024-2031). The rising preference for vegan and natural food ingredients is fueling the pulse protein market. Moreover, pulse protein in the last few years evolved as the key category of plant-based protein and finding large traction among the vegetarian and vegan population. Additionally, currently, consumers are more conscious about their health and hence prefer to consume healthy food for a healthy lifestyle.
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Pulse protein is easy to digest and helps in losing excess weight. Plant-based proteins are popular owing to the benefits associated with them, over animal-based proteins and also known as pulse protein is plant-based proteins. For instance, in March 2021, Amano Enzyme Inc. launched a savory enzyme for plant protein products that is Umamizyme pulse. It is a non-GMO enzyme that is designed for use in a variety of plant protein products that produces a pleasant, savory (umami) flavor, similar to that provided by monosodium glutamate (MSG). Moreover, it has also introduced a sensation of richness and complexity (kokumi) to the product. Umamizyme pulse is an animal-free enzyme formulation optimized and it produces high glutamic acid and cysteine levels. Additionally, it has a less bitter flavor in proteins, such as pea, soy, almond, and rice, savory flavor in proteins, and it provides customers with a vegan-friendly, clean-label product.
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Market Coverage
Segment Covered-
- By Source
- By Form
- By Nature
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- AGT Foods, Axiom Food Inc., Cargill, Incorp., ErMats International Foods Ltd., Ingredion Incor., Kerry Group plc, NOW Health Group, Inc., Roquette Frères, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Pulse Protein Market Report by Segment
By Source
- Beans
- Peas
- Lentils
- Others
By Form
- Isolates
- Hydrolysates
- Concentrates
By Nature
- Organic
- Conventional
By End-user
- Food & Beverages
- Pharmaceuticals
- Feed
- Others
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