Between 2023 and 2033, the market value of pulse ingredient in Western Europe is projected to soar from US$ 3,795.81 million in 2023 to US$ 6,439.45 million by 2033. The sales of pulse ingredient in Western Europe are likely to develop at a 5.4% CAGR over the projected period.
The health benefits of a plant-based diet are becoming widely recognized, leading to increased pulse ingredient demand in Western Europe. The food and beverage industry’s growing demand for clean-label and non-GMO ingredient is a significant driver of market growth of pulse ingredient in Western Europe.
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Growth Enablers Shaping the Pulse Ingredient Industry Landscape in Western Europe
Due to the growing production of pulses, which are an excellent source of protein, iron, and vitamins and have a high appeal among health-conscious consumers to lead to rising per capita consumption. As a result, the demand for pulse ingredient is poised to be stimulated. The pulse ingredient industry in Western Europe has evolved with pulse ingredient being combined with food products like energy bars, chips, and biscuits.
The pulse ingredient sector in Western Europe continues to flourish. Consumers who are vegan or vegetarian are choosing formulations that contain pulses because of their advantageous functional and nutritional qualities. Growing demand for clean-label and gluten-free products, urbanization, and shifting lifestyles contribute to the market expansion for pulse ingredient in Western Europe. Technological advancements in food processing further support the industry growth.
Competitive Landscape
There is a fierce competition among the various Western European pulse ingredient industry players contending for market share. Significant pulse ingredient manufacturers in Western Europe are extending their reach geographically, collaborating strategically, and developing new products.
Industry expansion is driven by rising consumer awareness of the nutritional advantages linked to pulse ingredient. Leading pulse ingredient producers in Western Europe concentrate on environmentally friendly production and sourcing practices to meet changing consumer demands for green products.
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Essential Pulse Ingredient Vendors in Western Europe
- Archer Daniels Midland Company (ADM)
- Ingredion Incorporated
- Roquette Frères
- AGT Food and Ingredient Inc.
- Emsland Group
- Vestkorn Milling AS
- Batory Foods
- Dakota Ingredient
- Axiom Foods
- Sotexpro
Latest Advancements in Pulse Ingredient Industry in Western Europe
- ADM committed US$ 300 million to producing alternative proteins in April 2022, expanding its global reach. ADM planned to establish a new, cutting-edge Protein Innovation Center in Decatur as part of this expansion, enhancing its supply of alternative proteins.
- Roquette introduced a new line of organic textured proteins called NUTRALYS, made from peas and fava, for the European market in June 2022. The introduction of this product is expected to strengthen Roquette’s standing as a prominent pioneer in the plant-based protein industry and bolster its efforts to become the most favorable collaborator for customers seeking to craft innovative and delectable plant-based cuisines.
- Archer Daniels Midland acquired Sojaprotein in November 2021. With this purchase, ADM aims to meet the rapidly increasing demand for new protein solutions as its global nutrition business grows, helping the company expand its market for plant-based and alternative proteins.
- Ingredion assumed control of James Cameron and Suzy Amis Cameron in November 2020. With this acquisition, the company hopes to achieve net sales growth, enabling it to increase its manufacturing capacity and collaborate with customers to meet the growing demand for plant-based foods.
- Axiom Foods and The Brenntag Food & Nutrition business unit in North America merged in May 2020. The purpose of this partnership was to help the businesses meet the growing demand for dairy and meat substitutes.
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Key Segments
By Source:
- Lentil
- Peas
- Chickpeas
- Beans
By Product Type:
- Flour
- Starch
- Protein
- Fiber and Grits
By Application:
- Bakery
- Confectionery
- Sauces
- Dairy and Ice-cream
- Spreads and Toppings
- Others (Ready to Eat Meals, Baby Food, and Snacks)
By Country:
- United Kingdom
- Germany
- France
- Italy
- Spain
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