Chickpeas Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

Chickpeas Market

The chickpeas market refers to the segment of the agricultural industry that focuses on the production, trade, and consumption of chickpeas, also known as garbanzo beans. Chickpeas are legumes widely used in various cuisines and food products due to their nutritional value and versatility. This article explores the chickpeas market, providing insights into its growth, market segmentation, key players, and regional analysis.

Market Overview:

Chickpea (Cicer arietinum) is one of the major pulses cultivated and consumed worldwide. It is one of the oldest and most important sources of protein. After dry beans and peas, chickpea is the third most important pulse crop grown in the world. Chickpea accounts for 20% of global pulse production.

Growth Drivers

Increasing Demand for Plant-Based Proteins: As more people adopt vegetarian and vegan diets or seek plant-based protein alternatives, there is a growing demand for protein-rich foods like chickpeas. Chickpeas provide a nutritious and sustainable source of plant-based protein, driving their popularity.

Health and Nutritional Benefits: Chickpeas are known for their health benefits as they are rich in fiber, vitamins, minerals, and antioxidants. They are associated with various health benefits, including improved digestion, weight management, heart health, and blood sugar control. Increasing health consciousness and the recognition of chickpeas as a healthy food contribute to their market growth.

Ethnic and Global Cuisine: Chickpeas are a staple ingredient in various ethnic cuisines, including Mediterranean, Middle Eastern, and Indian dishes. The popularity of global cuisine and the expanding multicultural food market have increased the demand for chickpeas in different culinary preparations.

Market Segmentation

The chickpeas market is segmented based on variety. Form, application, end user, and region.

By Variety:

·         Desi chickpeas

·         Kabuli chickpeas

By Form:

·         Whole chickpeas

·         Split chickpeas

·         Ground chickpea flour

By Application:

·         Food products

·         Ingredient and additive use

·         Animal feed

By End-Use Industry:

·         Food and beverage industry

·         Animal feed industry

·         Food processing companies

By Geography:

·         North America

·         Europe

·         Asia pacific

·         Latin America

·         The middle east and Africa

Key Players:

·         AGT Food and Ingredients

·         ChickP Ltd.

·         The Wimmera Grain Company

·         Bean Growers Australia

·         Kabuli Foods

·         USA Pulses

·         The Scoular Company

·         Indospinach Agro

·         Vestkorn Milling AS

·         OLEGA S.A.

·         Others

Regional Analysis:

The chickpeas market exhibits regional variations. India is the largest producer and consumer of chickpeas, driven by its culinary traditions and high demand for plant-based proteins. The Middle East and North Africa region has a significant market share due to their cultural use of chickpeas in dishes like hummus. Europe and North America have a growing demand for chickpeas due to the rise in vegetarian and vegan diets. Australia is a key exporter, supplying chickpeas to various global markets.

Global Chickpeas Market research report presents a strategic analysis of the global Chickpeas Market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it.

This report delivers market size, regional and country market data, segmentation growth, market share, competitive landscape, company’s Chickpeas revenue analysis, strategies of domestic and global market players, opportunities analysis, strategic market growth analysis, and technological innovations. It analyses historical and current market data to accurately gauge its future growth potential. This market report provides in-depth analysis and insight of market drivers, challenges, trends & opportunities. At the same time, comprehensive coverage of major vendors (recent product development & industrial activities, company overview, insights on business strategy & financial performance, company SWOT analysis) is provided to give competitive overview. This study presents most detailed (COVID-19 updated) and in-depth analysis about the global Chickpeas market, covering all global regions and countries. The report provides intricate dynamics for each of the countries covered, offering unmatched value, accuracy and expert insights.

Report Purpose

The purpose of the report is to portray the state of the global Chickpeas Market and to present real and expert-verified data and insights about the market values, volumes, dynamics, segmentation and prices. It also offers forecast for the market development in the short and medium term and the impact COVID-19 has and will have on it. Further, it covers in-depth analysis of the key market players, industry trends and insights, growth drivers and challenges and all other factors, influencing the growth of market.

Scope of the Report

The report on the global Chickpeas Market presents:

·         Historical Data: Market data including volume, growth rate, value, and dynamics; Market segmentation (by product, by region and by country; etc.) for the last five years;

·         Strategic Insights for companies looking to launch new products to diversify their business, exploring leading countries to establish supply chain, and top countries to increase company export and go global

·         Comprehensive Regional Market Data: volume, growth rate, value, market share and dynamics of for the last five years (broken down by region);

·         Market Dynamics: Analysis of the factors impacting the market including demand drivers, industry trends and challenges and the short and the medium-term impact of COVID-19 presently and in near future;

·         Analysis and forecast for the global economy and demographics;

·         Supply chain and value chain analysis, risk analysis of supply side and demand side;

·         Market Forecast for next ten years (market share, year-on-year growth, volume, value and segmentation by region);

·         Company profiling of key market players covering company’s Chickpeas revenue, sales and market share;

·         Comprehensive coverage of competitive landscape offering market positioning and snapshot of key business strategies;

·         Porter’s Five Forces analysis;

How Can You Benefit from This Report?

In this report you can:

·         Track and identify key market trends and insights and key drivers behind recent market changes and see the impact COVID-19 has and will have on the market in both the short and the medium term;

·         Get access to reliable and verified market data, with which aids you to make confident business decisions;

·         Analysis of market numbers, such as volume, value, forecasts, dynamics, segmentation and market structure – past, present and future;

·         Gain competitive intelligence about the market at low cost as compared to other reports;

·         Understand growth potential countries and regions, opportunities, growth drivers and barriers on the market;

·         Own data spreadsheet for comparison at global, regional and for individual country, covered in the report;

·         Analyse countries with highest and lowest demand for Chickpeas and countries in each region which will grow at highest growth in next five years.

·         Strategically plan business strategy based on verified market data and expert insights;

·         Identify revenue generation opportunities in the countries and regions within the market;

·         Get market trend data of last 10 years and how market growth will unfold in next ten years;

·         Market share analysis and positioning of leading market players;

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·         Extensive analysis of all required market data in one place;

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·         Get easy to read, perceive and understand report.

What Kind of Decisions You Can Make Based on the Data in This Report?

This report detailed and all-inclusive data on Chickpeas Market, providing valuable support to make vital decisions regarding:

·         Strategic planning;

·         Industry analysis;

·         Target Market/Marketing and sales;

·         Regional and country assessment and opportunity analysis;

·         Market entry into new product group or country;

·         Pricing of existing and new products;

·         New product development and Innovation in existing products;

·         Supply chain management;

·         Market evaluation;

·         Mergers, Expansions, Joint Ventures and acquisitions.

Who Is This Report for?

This report is intended to give broad overview of market to people who already are working on this market:

·         C-suite Level executives;

·         Directors;

·         Industry strategists;

·         Marketing professionals;

·         Business development professionals;

·         Product developers;

·         Product marketers and strategists;

·         Product managers;

·         Project managers;

·         Suppliers;

·         Traders;

This report also caters to people who are not involved in the market, representatives of investors, consultants, advisors and financial institutions:

·         Management consultants;

·         Investment managers;

·         Financial professionals;

·         M&A managers.

Regional Coverage

The report on the global Chickpeas Market breaks down the world into the following regions & countries and covers every single one of them:

Report Customization

If the report as is does not serve your market research needs, get it customized at free of cost, as per your own specific requirements. Feel free to contact us for more information!