The global pulse ingredient Industry size is driven by growth in the READ MORE: Aaron Schock's new company proves legumes do wonders for the human body The market is growing and major players are working on expanding their market share by pursuing strategic mergers and acquisitions and by developing new products. In this article, we provide insights into the top five companies in the pulse ingredient market and discuss industry trends, mergers, and new developments.
Oversimplification - Top 5 Companies With the Most Market Share
Ingredion Incorporated
Ingredion is a global provider of ingredient solutions, including those for pulse-based proteins and starches. With its extensive range of product offerings and innovative approach, the company is well positioning itself to capitalize on this trend as it continues to take root globally. The focus of Ingredion on sustainability and clean-label ingredients has come as it has become a market leader.
Roquette Frères
Roquette is a major international player in the plant-based ingredient space and a leading player in the pulse ingredient Industry size category. It focuses on pea protein and other pulse-based and plant-based ingredients for the food, nutrition and health markets. This has kept Roquette at the forefront of both innovation and sustainability.
Cargill, Incorporated
Cargill, an investor in and food industry leader for pulse-based ingredient solutions. The firm has been aggressively expanding its portfolio in the alternate section as demand for plant-based proteins rises. Despite the dominance of multinational companies such as Cargill and all the other major players, few of the companies get rich from the cocoa they produce.
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ADM continues to be a strong focus of plant-based proteins & fibers and a major player in the pulse ingredient Industry size space. The company has been pouring resources into innovation and sustainability, and catering to the desires of health-conscious consumers. ADM has built a strong presence in the market, prompting strategic acquisitions and partnerships.
AGT Food and Ingredients
AGT Food and Ingredients is a supplier of pulse-based products such as flours, proteins, and starches. They have operations in North America and Europe, and are committed to promoting sustainable and traceable sourcing. AGT is also well known for its pulse processing skills and quality.
Below is a detailed table summarizing the top 5 companies in the pulse ingredient Industry size market, including their establishment year, turnover, and key mergers and acquisitions. This data is based on publicly available information and market research insights.
| Company Name | Established | Turnover (Approx.) | Key Mergers and Acquisitions |
|---|---|---|---|
| Ingredion Incorporated | 1906 | $7 billion (2022) | Acquired a stake in a plant-based protein company to expand pulse ingredient offerings. |
| Roquette Frères | 1933 | €3.7 billion (2022) | Acquired several smaller plant-based ingredient companies to diversify its product portfolio. |
| Cargill, Incorporated | 1865 | $165 billion (2022) | Invested in plant-based protein startups and expanded pulse ingredient production facilities. |
| Archer Daniels Midland Company (ADM) | 1902 | $101 billion (2022) | Partnered with food manufacturers to develop pulse-based ingredients for meat and dairy alternatives. |
| AGT Food and Ingredients | 2003 | $1.5 billion (2022) | Expanded processing facilities and secured funding to modernize operations and improve efficiency. |
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Key Insights:
People for the Ethical Treatment of Animals: A global leader in the promotion of animal welfare, PETA's initiatives in ingredient sourcing and manufacturing processes have set standards in the field, promoting transparency, sustainability and ethics.
Roquette Frères: Focused on plant-based nutrition, Roquette has grown its market presence through strategic acquisitions and product innovation.
Cargill, Incorporated: Global leader in agriculture, food and food ingredients; heavily invested in plant-based proteins, including pulse-dereived ingredients.
ADM: ADM’s partnerships and investments in R&D have made it a leader in the pulse ingredient Industry size, with a notable focus on the alternative protein space.
AGT Food and Ingredients: Committed to retaining sowing and processing affordability based on sustainability, AGT is a trusted supplier of pulse-based products all over the world.
Mergers and Acquisitions Latest
Many pulse ingredient companies have turned to mergers and acquisitions to broaden their product portfolios and global footprint in recent years.
Ingredion Incorporated recently announced that it has acquired a majority interest in a global leader in pulse-based protein solutions to strengthen its pulse ingredient capabilities. This acquisition fits well with Ingredion’s strategy to leverage growing demand for plant-based nutrition.
That said, Roquette Frs has been busy acquiring small companies with specific expertise around plant-based ingredients. These acquisitions have enabled Roquette to expand its product portfolio and reinforce its position in the pulse ingredient Industry size.
Cargill has also invested in a number of plant-based protein startups, hoping to weave new pulse-derived assets into the offer.
Recent Market Activity
The pulse-ingredient industry is fast-growing, and the companies are focusing on research and development to innovate their products.
Ingredion introduced a new line of clean-label pulse proteins for the health and wellness sector. Both are foods which are already seeing increased demand, especially for sustainability and nutrition.
Meanwhile, Roquette also launched a premium-grade pea protein isolate, which has taken off in the sports nutrition and functional food categories. The company has established new standards in the industry with its product innovation.
ADM has been working with food manufacturers to produce pulse-based ingredients in meat substitutes and dairy-free products. These collaborations have allowed ADM to expand into the fast-growing plant-based food sector.
Pulse Ingredients Processors and Product Solutions Processing, Gentleman, USA AGT Food and Ingredients Processing of pulses Investments in infrastructure initiated by the company have improved its production capacity and efficiency.
New Funding and Investments
The high growth potential of pulse ingredient Industry size has attracted huge investments.
Cargill also recently received funds to expand its plant-based protein production facilities. The company will be able to expand its pulse ingredient offerings and expand to meet the increasing demand of sustainable food solutions with this investment.”
Funding to support its R&D initiatives has also been awarded to Roquette, which is working on the development of innovative pulse-based ingredients.
AGT Food and Ingredients is the latest food processor to announce a new round of funding to modernize its processing plants and improve supply chain efficiency.
Conclusion
Broadened verticals and a bigger market size for pulse ingredients are expected as more consumers become better informed regarding health and sustainability. Key players including Ingredion, Roquette, Cargill, ADM, and AGT Food and Ingredients are pioneering this change and capitalizing on innovation and M&A for market positioning. With the growth of demand for plant-based proteins, these industry changemakers are poised to lead the way in the future of the food industry around the world