Chickpeas Market Size - By Product Type (Desi Chickpeas, Kabuli Chickpeas), Application (Food & Beverages, Animal Feed, Nutraceuticals), Sales Channel (Supermarket/Hypermarket, Convenience Store, Online Retail), Form, Regional Outlook & Forecast, 2023 - 2032
Global Chickpeas Market will witness 7.3% CAGR between 2023 and 2032, propelled by the proliferation of healthy chickpea snack launches and innovations by industry leaders. As health-conscious consumer preferences expand, leading players introduce innovative chickpea snack options, leveraging the legume's nutritional benefits. For instance, in November 2023, At Fi Europe in Frankfurt, Germany, from November 28th to 30th, ChickP, Ltd. will unveil new prototypes featuring its 90% chickpea protein isolate tailored for active nutrition enthusiasts. These samples blend nuts, seeds, oats, and green buckwheat, with at least 30% of the formula comprising the chickpea isolate. Naturally sweetened with honey and agave, these concepts offer rich fiber content.
These products, rich in protein and fiber, resonate with consumers seeking healthier snack alternatives. With diverse flavors and convenient packaging, these innovations redefine snacking, driving significant chickpeas market demand and establishing them as a staple in the healthy snack segment.
The overall Chickpeas Market is classified based on product type, application, and region.
Kabuli chickpeas segment will undergo significant development from 2023 to 2032. Recognized for their larger size, creamy texture, and mild flavor, Kabuli chickpeas are among the most sought-after ingredients globally. With diverse culinary applications, particularly in salads, stews, and snacks, their appeal continues to grow. As consumer preferences shift toward healthier plant-based proteins, Kabuli chickpeas stand out, fostering significant chickpeas market demand due to their versatile nature and nutritional value.
Animal feed segment will register a noteworthy CAGR from 2023 to 2032. Chickpeas, rich in protein and fiber, serve as a valuable component in animal feed formulations. With their nutritional benefits for livestock and poultry, chickpeas offer an alternative protein source. As the focus on balanced animal nutrition intensifies, the market sees a notable surge in the chickpeas market size as a feed ingredient, reflecting their significance in supporting animal health and growth.
Europe chickpeas market will showcase a commendable CAGR from 2023 to 2032. As dietary preferences lean towards plant-based proteins, chickpeas gain popularity as a versatile and nutritious ingredient. With Mediterranean cuisines influencing culinary choices, chickpeas feature prominently in dishes like hummus and falafel.
Europe's shift toward healthier eating habits and the versatile use of chickpeas in various recipes propel market demand, showcasing their significance in meeting evolving consumer preferences for wholesome, plant-centric diets. For instance, in September 2023, leveraging its expertise in taste, nutrition, and health, Symrise, the German company, introduced a selection of Diana food™ chickpea and aquafaba ingredients, offering numerous advantages. Supported by Symrise's proficiency in sourcing, quality, and food safety, this range presents opportunities for crafting plant-based food items with simpler and cleaner labels.