Chickpea Protein Market Size - By Product Type (Isolates, Concentrates, Flour), By Application Category (Functional protein, Textured Protein), By Functionality (Emulsification, Stabilization, Binding, Foaming), Form, Application & Forecast, 2023 – 2032

Chickpea Protein Market Size

Chickpea Protein Market size was valued at USD 102.1 million in 2022 and is to observe around 5.5% CAGR from 2023 to 2032. As more consumers adopt plant-based diets, there is a growing demand for alternative protein sources, such as chickpea protein, to replace traditional animal-based proteins.
 

Chickpea protein is a rich source of essential nutrients, including protein, fiber, vitamins, and minerals. Consumers seeking nutritious and balanced diets are drawn to chickpea protein for its health benefits.
 

The production of chickpea protein depends on chickpea cultivation, which can be influenced by weather conditions and crop yields. Limited supply and price fluctuations of chickpeas may impact the cost and availability of chickpea protein. Chickpea protein competes with other plant-based protein sources, such as soy, pea, and rice proteins. The popularity of these alternatives and their potential price competitiveness can pose challenges for the chickpea protein market. The extraction and processing of chickpea protein can be complex and costly. Thus, the high-end pricing and risks associated with Chickpea protein may drive down the acceptance rate, further hampering the business growth.
 

COVID-19 Impact

As consumers became more health-conscious during the pandemic, there was a heightened demand for nutritious and plant-based food options, including chickpea protein products. This shift in consumer behavior positively influenced the market. With lockdowns and restaurant closures in many regions, more people cooked at home, leading to increased interest in plant-based cooking and DIY plant-based burger preparations using chickpea protein. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is likely to drive the market growth.
 

Chickpea Protein Market Trends

The growing interest in plant-based diets and the shift towards healthier and more sustainable food choices have fueled the demand for plant-based proteins like chickpea protein. Manufacturers are continuously innovating to develop new and diverse chickpea protein products, including plant-based burgers, sausages, snacks, dairy alternatives, and protein powders. Consumers are increasingly seeking clean label products made with simple and recognizable ingredients. Chickpea protein aligns with this trend as it is naturally derived and minimally processed.
 

Chickpea Protein Market Analysis

The Isolates product of chickpea protein market surpassed USD 45.8 million in 2022. Chickpea protein isolate is preferred for its high protein concentration and low levels of carbohydrates and fats, making it suitable for applications where a clean protein source is required. The purity and high protein content of chickpea protein isolate cater to the needs of athletes and fitness enthusiasts looking for high-quality protein supplements.
 

The powdered segment held approximately 60% share of the chickpea protein industry in 2022 and is estimated to observe lucrative pace by 2032. Powdered chickpea protein is highly versatile and can be easily incorporated into a wide range of food products, including beverages, snacks, protein bars, and baked goods. Consumers seeking protein-rich plant-based alternatives prefer powdered chickpea protein as a nutritional ingredient.
 

Chickpea protein market form functional protein application market is anticipated to grow at 5.5% CAGR through 2032. Consumers are becoming more health-conscious and seeking functional foods that offer additional health benefits beyond basic nutrition. Chickpea protein, being a rich source of protein, fiber, vitamins, and minerals, aligns with this trend. Thus, the high-quality services and growing usage of Chickpea protein are predicted to expedite the business growth.
 

Based on functionality, the emulsification segment dominated the market in 2022 and is set to expand at a commendable pace by 2032. Chickpea protein acts as an emulsifier, ensuring the stability of emulsified products like salad dressings, sauces, and mayonnaise, preventing separation or phase separation.
 

Based on application, the food and beverages sector captured major share of the chickpea protein market in 2022 and is expected to gain traction during 2023 and 2032. Chickpea protein is used to fortify functional foods and beverages with protein, fiber, and other essential nutrients. Chickpea protein is added to various food products to increase their protein content and improve their nutritional value.
 

U.S. dominated the North American region with majority market share and a revenue of USD 21.4 million in 2022 and is projected  to expand at a significant pace from 2023-2032. North American consumers are increasingly adopting plant-based diets and seeking alternatives to traditional animal-based proteins, driving the demand for chickpea protein as a plant-based protein source.
 

Chickpea Protein Market Share

Some of the major market players operating in the Chickpea protein market are

• Ingredion Incorporated
• Archer Daniels Midland Company
• The Scoular Company
• Batory Foods
• Nutriati, Inc.
• ChickP Protein Ltd.
• InnovoPro Ltd.
• The Bridge
• Vestkorn Milling AS
• Socius Ingredients
• Parabel USA Inc.
• Devansoy Inc.
• Puris Proteins, LLC
• Comet Bio
• Burcon NutraScience Corporation

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these participants are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Chickpea protein Industry News:

• In 2023, The company Puris launched a new line of meat substitutes made from chickpea protein. These products are made from plant-based ingredients but are designed to flavor and cook like traditional meat.
   
• In 2021, A company called Ripple Foods launched a new plant-based milk made from chickpea protein.
   

This chickpea protein market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:

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Market, By Product type

• Isolates
• Concentrates
• Flour

Market, By Form

• Powder
• Liquid

Market, By Application Category

• Functional protein,
• Textured protein

Market, By Functionality

• Emulsification
• Stabilization
• Binding
• Foaming
• Others

Market, By Application

• Food and Beverages
• Nutraceuticals
• Animal Feed
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt