Global Chickpea Market 2024-2028
The chickpea market is forecasted to grow by USD 7410.9 mn during 2023-2028, accelerating at a CAGR of 5.42% during the forecast period. The report on the chickpea market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumption of chickpeas as a snacking item, health-promoting benefits of chickpeas, and increasing prominence of private-label brands.
Technavio's chickpea market is segmented as below:
By Distribution Channel
By Product
- Desi chickpea
- Kabuli chickpea
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the expanding base of the vegan population as one of the prime reasons driving the chickpea market growth during the next few years. Also, growing use of chickpeas flour in baked goods and increasing adoption of organic-based chickpeas will lead to sizable demand in the market.
The report on the chickpea market covers the following areas:
- Chickpea market sizing
- Chickpea market forecast
- Chickpea market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chickpea market vendors that include ABBOTT BLACKSTONE Co. Inc., AdasCan Grain Corp., AGT Food and Ingredients Inc., Anu Foods, Ardent Mills LLC, ATC Group India, Bean Growers Australia Ltd., Cono Trading International AG, DHAVAL AGRI EXPORT LLP, GEEWIN EXIM, Hippeas Inc., Nature Bio Foods Ltd., Nature Pulse Botanicals Pvt. Ltd., Organic Products India, Popular Pulse Products Pvt. Ltd., Shri Mahavir Group, Shubhlaxmi Industries, SunOpta Inc., VAD Industries Pvt. Ltd., and Woods Holding Group Pty. Ltd.. Also, the chickpea market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.