Analyzing Chickpeas Market Dynamics and Growth Drivers and forecasted for period from 2024 to 2031

The "Chickpeas market" report analyzes important operational and performance data so one may compare them to their own business, the businesses of their clients, or the companies of their rivals. And this report consists of 196 pages. The Chickpeas market is expected to grow annually by 10.9% (CAGR 2024 - 2031).

Chickpeas Market Overview and Report Coverage

The chickpeas market has experienced steady growth over the past decade, driven by the increasing awareness of the health benefits associated with chickpeas consumption. The market is also being fueled by the rising popularity of plant-based diets among consumers. Additionally, chickpeas have gained traction in the food industry for their versatility and nutritional value, leading to an expanded application in various food products.

Market research indicates that the global chickpeas market is expected to continue its growth trajectory, with a projected compound annual growth rate of % from 2021 to 2026. This growth is attributed to the increasing demand for plant-based proteins and the expanding market reach of chickpea-based products across regions. As a result, industry experts and stakeholders are increasingly investing in research and development to innovate new products and capitalize on the growing market opportunities within the chickpeas segment.

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Leading Chickpeas Industry Participants

The market leaders in the chickpeas industry are Wimmera Grain, Bean Growers, and Arbel. These companies have established themselves as reliable suppliers of high-quality chickpeas in the market. On the other hand, new entrants like Isik Tarim, JOVA Graneros, Mast Qalander, Indraprasth Foods, and OLEGA are trying to make their mark by offering innovative products and competitive pricing.

These companies can help grow the chickpeas market by increasing awareness about the health benefits of chickpeas, expanding distribution channels, and developing new varieties to cater to diverse consumer preferences. Additionally, collaborations and partnerships between these companies can help create a more integrated supply chain and ensure consistent availability of chickpeas in the market. Overall, these efforts can contribute to the growth of the chickpeas market by attracting new customers and increasing consumption of chickpeas globally.

• Wimmera Grain
• Bean Growers
• Arbel
• Isik Tarim
• JOVA Graneros
• Mast Qalander
• Indraprasth foods
• OLEGA

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Market Segmentation 2024 - 2031:

Based on product application, the Chickpeas market is divided into Supplier,Distributers,Retailer:

• Supplier
• Distributers
• Retailer

Based on product type, the Chickpeas market is categorized into Kabuli Chickpeas,Desi Chickpeas:

• Kabuli Chickpeas
• Desi Chickpeas

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The Chickpeas market players available in each region are listed as follows:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The global chickpeas market has shown significant growth in recent years, with key regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa contributing to this expansion. In North America, the United States and Canada have experienced a surge in demand for chickpeas due to their nutritional benefits and versatility in cooking. In Europe, countries like Germany, France, and the . have seen increased consumption of chickpeas as a staple in Mediterranean cuisine. In the Asia-Pacific region, countries such as India and Australia are major producers and consumers of chickpeas. Latin America, particularly Mexico and Brazil, has also witnessed a rise in chickpea consumption. The Middle East and Africa, with key players like Turkey, Saudi Arabia, and the UAE, have a long history of incorporating chickpeas in traditional dishes. Overall, the Asia-Pacific region is expected to dominate the market due to the rising awareness of health benefits associated with chickpeas and the growing demand for plant-based protein sources.

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Chickpeas Market Dynamics ( Drivers, Restraints, Opportunity, Challenges)

The global chickpeas market is primarily driven by increasing consumer awareness regarding the health benefits associated with chickpeas, such as their high protein and fiber content. Additionally, the growing demand for plant-based protein sources and the rise in vegan and vegetarian populations are fueling market growth. However, challenges such as fluctuating prices due to weather conditions and limited availability of suitable arable land for chickpea cultivation may hinder market expansion. Opportunities lie in the increasing popularity of chickpea-based products and the development of new varieties with improved traits, presenting potential for market growth in the coming years.

Market Trends influencing the Chickpeas market

- Increasing demand for plant-based protein sources: Chickpeas are rich in protein and are becoming a popular choice for consumers seeking vegetarian or vegan options.

- Growing interest in ethnic and Mediterranean cuisines: Chickpeas are a staple in dishes such as hummus, falafel, and chickpea curry, driving their popularity.

- Innovative product offerings: Companies are introducing new chickpea-based products like chickpea pasta, chickpea flour, and chickpea snacks to cater to changing consumer preferences.

- Sustainability and health consciousness: Consumers are seeking sustainable and healthy food options, making chickpeas an attractive choice due to their nutritional profile and environmental benefits.

The Chickpeas market is projected to experience significant growth due to these trends, with increased demand for versatile, plant-based protein sources driving innovation and expanding product offerings.

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