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Chickpeas Market Analysis

  • Report ID: GMI7216
  • Published Date: Oct 2023
  • Report Format: PDF

Chickpeas Market Analysis

Chickpeas Market Size, By Product Type, 2022 - 2032 (USD Billion)

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Based on product type, The desi chickpeas segment dominated around USD 8.28 billion revenue in 2022. Desi Chickpeas, also known as "Bengal gram," are smaller in size with a rough outer coat and possess a stronger flavor profile compared to Kabuli Chickpeas. These varieties are predominantly consumed in South Asia and are commonly used in the preparation of traditional dishes such as curries and stews. They are also utilized in the production of besan, a popular chickpea flour used in various culinary applications.
 

Chickpea Market Revenue Share, By Form, (2023)

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Based on form, the dried chickpeas market accounted for 55% of revenue share in 2022, led by their widespread use in various culinary applications, ranging from traditional dishes to modern, health-focused recipes. They are preferred for their versatility and extended shelf life, making them a staple ingredient in households and the foodservice industry alike. Flour and powder derived from chickpeas have also gained prominence, owing to the increasing demand for gluten-free and healthier alternatives in the food industry. Chickpea flour, known for its high protein content and gluten-free nature, is utilized in a diverse range of products such as bakery items, snacks, and as a thickening agent in various recipes.
 

Based on sales channel, the chickpeas market from supermarkets/hypermarkets segment will gain remarkable momentum during the forecast timeline. Supermarkets/Hypermarkets offer a wide range of chickpea products, including both raw and processed variants, to cater to the diverse needs of consumers. These large-scale retail outlets provide convenience and variety, attracting a significant consumer base seeking one-stop shopping for their grocery needs.
 

Based on application, the Food and beverage industry is anticipated to grow substantially through 2032. In the food and beverages sector, chickpeas are extensively used in the preparation of a wide range of dishes, including soups, stews, salads, snacks, and traditional cuisines such as hummus and falafel. This segment holds the largest market share, driven by the widespread consumption of chickpeas as a primary ingredient in various culinary delights worldwide.
 

The animal feed segment, although comparatively smaller in market share, plays a significant role in the chickpeas market, primarily as an essential component in livestock and poultry diets. Chickpeas serve as a valuable source of protein and nutrients for livestock, contributing to their overall health and growth, thereby catering to the needs of the animal husbandry and feed industry.
 

Asia Pacific Chickpeas Market Size, 2021- 2032 (USD Billion)

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Asia Pacific chickpeas market size held over USD 5.51 billion in 2022. Countries such as India, Pakistan, and Australia contribute substantially to the overall market in the region. India, in particular, stands out as a major producer and consumer of chickpeas, with a rich culinary tradition that heavily relies on this versatile legume. The demand for chickpeas in the Asia Pacific region is primarily propelled by the region's large vegetarian population and the widespread use of chickpeas in various traditional dishes and snacks. Additionally, the rising awareness of the health benefits associated with chickpeas consumption has further bolstered the market growth in the region.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of chickpeas reached USD 14.91 billion in 2022 and is set to surpass USD 28.2 billion by 2032, due to the increasing consumer preference for plant-based protein sources and the growing awareness of the health benefits associated with chickpeas worldwide.

Chickpeas industry from the desi chickpeas product segment recorded USD 8.28 billion in 2022, attributed to their small size with a rough outer coat and a strong flavor profile.

Asia Pacific market was valued at USD 5.51 billion in 2022, owing to the countries in the region, such as India, Pakistan, and Australia contributing substantially to the industry.

Agrana Group, Archer Daniel Midland (ADM) Company, Cargill Inc., Adascan Grain, AGT Food and Ingredients, Inc., BroadGrain Commodities, Inc., The Wimmera Grain Co., Pty Ltd., and Bean Growers Australia Limited Market, are some of the major chickpeas companies worldwide.

Chickpeas Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 246
  • Countries covered: 21
  • Pages: 220
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