The Global Chickpeas Market size is expected to reach USD 7.09 billion by 2028 and is projected to register a CAGR of 6.1% during the forecast period, owing primarily to high demand for chickpea products in emerging economies and growing consumption levels of vegetarian diet globally. The demand for chickpea has been increasing in the recent past due to changing lifestyles and dietary preferences among consumers. Chickpea flour is used as an ingredient in various food products like baked goods, snacks, and cereals while chickpea protein isolates are used in protein powders and bars. In addition, it can also be processed into dry powder form which is then mixed with water before consumption.
Chickpeas or garbanzo beans are the most popular type of legume in the world. They originate from a plant called Cicer, which is native to Asia but can be grown and used extensively all over the planet with varying climates. Chickpeas have been cultivated for more than five thousand years, predating corn by about two millenniums.
On the basis of Type, the market is segmented into Kabuli Chickpeas, Desi Chickpeas. Kabuli Chickpeas dominate with a share of more than 60% followed by Desi Chickpeas which is expected to grow at a faster rate owing to their higher demand
Kabuli Chickpeas are a variety of chickpeas that can be eaten raw or cooked. They have a yellowish-tan color and an earthy flavor, which is often described as more "pungent" than other types of beans. Kabulis are usually sold in the form of whole dried peas or split peas. In India, it is known for its fried version - kadhi chawal (chickpea curry with rice).
The global market for Kabuli Chickpeas has seen exponential growth over the past five years from 2016 to 2021, particularly due to their easy availability across India. This type of chickpea was first grown after Indian independence in 1947 by adding new varieties such as the Kabuli to the existing Indian chickpea and they are now an integral part of India's economy. This increase in demand can be attributed to their easy availability across India as well as other Asian countries such as Bangladesh, Nepal, and Sri Lanka where it remains one of the top crops grown on farms
Desi Chickpeas also called Bengal gram, Chana, or Kala chana is a type of chickpea grown in Pakistan and India. Desi Chickpeas are smaller than Kabulis and have more protein content (suggesting that they take longer to cook). The color of the deshi is darker than Kabuli-chickpeas too - it's goldish brown on one side with black patches.
On the basis of Application, the market is segmented into Suppliers, Distributors, and Retailers. The Market is divided into - Suppliers & Distributors for Chana in India; Asia-Pacific suppliers include Bangladesh and Nepal while Latin America includes Peru. There are also exporters such as Canada exports to many other regions including Africa. In Europe, there are a few countries that produce chickpeas namely France (chickpeas production), Turkey (a leading supplier) Greece, and Italy with imports from Sudan being common too. North American suppliers include Mexico which produces more than 50% of all dried beans. The retail segment has captured an extensive part across all these regions due to rising awareness about health benefits associated with chickpeas such as lowering cholesterol levels or reducing risk from cardiovascular diseases among many others.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The major Market includes the US which is expected to lead in production with a share of more than 40% followed by Canada.
The market for chickpeas will grow at a good rate during the forecast period owing to its adoption as an important ingredient in many dishes such as hummus, falafel, and biryani among others. According to research, prices are seen increasing due to lower supply from Russia leading up until 2020 but these commodity markets have been unstable since 2014 so this trend cannot be predicted accurately just yet. However, looking ahead these higher prices may prompt people may not to use it more for protein and instead use it for sauces.
Up Market Research published a new report titled “Chickpeas Market research report which is segmented by Types (Kabuli Chickpeas, Desi Chickpeas), By Applications (Supplier, Distributers, Retailer), By Players/Companies Wimmera Grain, Bean Growers, Arbel, Isik Tarim, JOVA Graneros, Mast Qalander, Indraprasth foods, OLEGA”.
|Report Attributes||Report Details|
|Report Title||Chickpeas Market Research Report|
|By Type||Kabuli Chickpeas, Desi Chickpeas|
|By Application||Supplier, Distributers, Retailer|
|By Companies||Wimmera Grain, Bean Growers, Arbel, Isik Tarim, JOVA Graneros, Mast Qalander, Indraprasth foods, OLEGA|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||220|
|Number of Tables & Figures||154|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Kabuli Chickpeas, Desi Chickpeas and By Application Supplier, Distributers, Retailer.
Some of the companies that are profiled in this report are:
Chickpeas Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Chickpeas Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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