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Chickpeas Market Trends

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

Chickpeas Market Trends

There is an increasing popularity of plant-based diets, driving a surge in demand for chickpeas and chickpea-based products as a vital source of plant-based protein. This trend is further amplified by the growing number of vegetarian and vegan consumers globally, who perceive chickpeas as a sustainable and nutritious alternative to animal-based protein sources.
 

Additionally, the rising consumer awareness regarding the health benefits of chickpeas, such as their high fiber content and low glycemic index, has propelled their inclusion in various functional food products and snacks. Moreover, the diversification of chickpeas-based products, including innovative snacks, gluten-free alternatives, and ready-to-eat meals, reflects the dynamic nature of the market, catering to evolving consumer preferences for convenient and healthier food options.

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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