According to the latest report by IMARC Group, titled “Chickpeas Market: Global Industry Share, Growth, Opportunity and Forecast 2022-2027,” the global chickpeas market reached a volume of 18.7 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 25.1 Million Tons by 2027, exhibiting a CAGR of 5.03% during 2022-2027.
Chickpeas are legumes that contain numerous essential nutrients, including carbohydrates, folate, fiber, iron and phosphorus. Since they are a rich source of non-meat-based protein, they are widely consumed by vegans and vegetarians. Consequently, there has been a considerable rise in the consumption of chickpeas due to the increasing preference for plant-based diets among the masses, thereby providing a boost to the market growth.
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Global Chickpeas Market Trends:
The global market is primarily driven by the rising health consciousness among individuals. This is supported by the shifting lifestyle preferences and changing dietary patterns of the masses. Along with this, the widespread utilization of chickpeas in the food industry in the preparation of diverse foods, such as snacks, hummus and salads, is gaining prominence across the globe. Some of the other factors contributing to the market growth include the easy product availability via online and offline organized distributed channels and the increasing popularity of international cuisines on the global level.
Chickpeas Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
- Adani Wilmar Limited (AWL)
- Cargill Foods India
- AGT Food and Ingredients, Inc.
- BroadGrain Commodities, Inc.
Key Market Segmentation:
The report has segmented the global chickpeas market on the basis of region.
Breakup by Region:
- India
- Australia
- Pakistan
- Myanmar
- Ethiopia
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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