Chickpeas Market 2023 Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast 2030

 

The agricultural industry sector that concentrates on the production, trade, and consumption of chickpeas, often referred to as garbanzo beans, is known as the "chickpea market." Due to its nutritional richness and adaptability, chickpeas are a legume that is frequently utilized in a variety of cuisines and food products. The chickpeas market is examined in this article, along with information on its growth, market segmentation, major players, and regional analysis.

The chickpea (Cicer arietinum) is one of the most widely grown and eaten pulses in the world. It is among the most significant and ancient sources of protein. The chickpea is the third most significant pulse crop produced worldwide, behind dry beans and peas. 20 percent of the world's pulse production comes from chickpeas.

 

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Growth Drivers

Demand for Plant-Based Proteins is Growing: As more individuals switch to vegetarian and vegan diets or look for plant-based protein substitutes, there is an increasing need for foods high in protein, including chickpeas. Because they offer a wholesome and enduring supply of plant-based protein, chickpeas are increasingly popular.

Benefits to Health and Nutrition: Due to their high fiber, vitamin, mineral, and antioxidant content, chickpeas are well known for their health benefits. They are linked to a number of health advantages, such as better digestion, controlling weight, maintaining heart health, and controlling blood sugar. Their market is expanding as a result of rising health consciousness and the acceptance of chickpeas as a nutritious food.

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

 

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

                                   

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