In a rapidly growing market, leaders in the global pulse ingredient industry are promoting innovation and consolidation

The market for global pulse ingredient industry is projected to grow at a compound annual growth rate (CAGR) of 5.1% from its 2023 valuation of USD 22.9 billion to USD 27.4 billion by 2030. The growing consumer demand for clean-label and plant-based products is the main driver of this expansion and has turned into a focus for industry participants. At the same time, the trend of health and wellness is driving demand for high-quality, high-protein foods, with pulse ingredients being popular components of the food supply. With this dynamic market in mind, industry analysts say major players are threatening to take bigger slices of the pie through innovation, acquisitions and increased capacity. Initiatives Strengthen Market Leaders Position Having access to Ingredion Incorporated's entire portfolio of pulse-based ingredients and texturizers has enabled the market leader to retain its spot. Its VITESSENCE® Pulse protein concentrates and isolates have also found application in plant...