Global Chickpeas Market Size, Share & Growth Research Report 2024-2032
- The global chickpeas market size reached USD 20.5 Million in 2023.
- The market is expected to reach USD 31.7 Million by 2032, exhibiting a growth rate (CAGR) of 4.76% during 2024-2032.
- India leads the market, accounting for the largest chickpeas market share due to its high consumption of chickpeas as a staple food.
- The rising demand for plant-based proteins across the globe is a primary driver of the chickpeas market.
- The widespread product utilization in various culinary application is further reshaping the chickpeas market.
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Industry Trends and Drivers:
- Growing Demand for Plant-Based Proteins:
The surge in demand for plant-based proteins is significantly boosting the chickpeas market size. As more consumers shift towards vegetarian and vegan diets, chickpeas have emerged as a leading source of high-quality, affordable plant protein. This shift in trends is driven not only by health concerns but also by ethical and environmental motivations, as many seek to reduce their reliance on animal products.
Chickpeas provide a nutrient-dense protein option with essential amino acids, which supports muscle development, immune function, and overall well-being. Furthermore, they are an excellent source of other vital nutrients, such as iron, folate, and fiber, adding to their appeal as a meat alternative. Food manufacturers are responding to this trend by incorporating chickpeas in a wide range of products, from snacks and dips to meat substitutes.
- Health Benefits and Nutritional Value:
According to the latest market forecast, chickpeas are celebrated for their impressive nutritional profile, which has made them a go-to food for health-conscious consumers. Rich in dietary fiber, chickpeas contribute to improved digestion and better weight management, as fiber helps maintain satiety, lowering overall calorie intake.
Additionally, the high fiber content assists in regulating blood sugar levels, making chickpeas an excellent choice for diabetic individuals. Chickpeas are also known for their antioxidant properties due to the presence of vitamins like vitamin C and other phytonutrients, which help combat oxidative stress and reduce the risk of chronic diseases. Their anti-inflammatory qualities also appeal to individuals looking to manage conditions such as arthritis or cardiovascular disease.
- Versatility in Culinary Applications:
One of the most compelling factors contributing to the chickpeas market share is their versatility across different culinary applications. Chickpeas have long been a staple in Middle Eastern, Mediterranean, and South Asian cuisines, featuring in classic dishes like hummus, falafel, and chana masala. As these global cuisines gain popularity worldwide, so does the demand for chickpeas as a primary ingredient.
Beyond traditional dishes, chickpeas adapt well to modern, health-conscious diets. They can be roasted and seasoned for a crunchy snack, mashed into spreads, or ground into flour for gluten-free baking. Their ability to be used in both savory and sweet recipes makes them a unique and highly versatile ingredient.
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Chickpeas Market Report Segmentation:
Breakup By Region:
- India
- Australia
- Pakistan
- Myanmar
- Ethiopia
India holds the leading position owing to its high consumption of chickpeas as a staple food, combined with the country's strong agricultural production and demand for plant-based protein options.
Top Chickpeas Market Leaders: The chickpeas market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.
Some of the key players in the market are:
- Adani Wilmar Limited (AWL)
- Cargill Foods India
- AGT Food and Ingredients, Inc.
- BroadGrain Commodities
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