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Report
Global Chickpeas Market Report and Forecast 2024-2032
Market Report I 2023-12-02 I 160 Pages I EMR Inc.
Global Chickpeas Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global chickpeas market grew substantially in 2023. Aided by the rising demand for plant-based proteins and the versatility of chickpeas in culinary applications, the market is projected to further grow at a CAGR of 4.8% between 2024 and 2032.
Chickpeas, also known as garbanzo beans, are a type of legume that has been a staple in various global cuisines for centuries. They are highly nutritious, rich in protein, fibre, vitamins, and minerals, making them an excellent food choice for health-conscious consumers. Chickpeas' culinary flexibility is evident in their ability to be used in salads, soups, spreads, and as a base for meat substitutes, highlighting their adaptability in both traditional and innovative recipes.
One of the key factors driving the global chickpeas market growth is the surging demand for plant-based foods. With a growing segment of the population adopting vegan and vegetarian diets due to health, ethical, or environmental reasons, chickpeas have become a popular alternative to animal proteins. This shift in dietary preferences is prompting food manufacturers to innovate and expand their chickpea-based product offerings, ranging from hummus and falafel to plant-based burgers and meat alternatives.
The health benefits associated with chickpeas also contribute to the global chickpeas market demand. Chickpeas are known for their role in weight management, blood sugar regulation, and heart health, attributed to their high fibre and protein content. Additionally, they are a low-glycaemic food, making them a suitable dietary option for individuals managing diabetes.
Chickpeas are also finding increasing applications in the gluten-free market. As awareness and diagnosis of gluten-related disorders rise, the demand for gluten-free food products is burgeoning. Chickpea flour, known for its versatility and nutrient-rich profile, has become a preferred ingredient in gluten-free baking and cooking, further influencing the chickpeas market outlook.
Furthermore, the environmental sustainability of chickpeas is a factor that resonates with environmentally conscious consumers. Chickpeas require relatively low water usage and contribute to soil health through nitrogen fixation, making them an environmentally sustainable crop. This aspect aligns well with the increasing consumer preference for sustainable and eco-friendly food products.
Market Segmentation
The market can be divided based on region.
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global chickpeas market. Some of the major players explored in the report by Expert Market Research are as follows:
- AGT Food and Ingredients
- BroadGrain Commodities, Inc.
- The Wimmera Grain Store
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Chickpeas Market Analysis
8.1 Key Industry Highlights
8.2 Global Chickpeas Historical Market (2018-2023)
8.3 Global Chickpeas Market Forecast (2024-2032)
8.4 Global Chickpeas Market by Region
8.4.1 Market Share
8.4.1.1 North America
8.4.1.2 Europe
8.4.1.3 Asia Pacific
8.4.1.4 Latin America
8.4.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14 Chickpeas Processing
14.1 Product Overview
14.2 Detailed Process Flow
14.3 Various Types of Unit Operations Involved
14.4 Mass Balance and Raw Material Requirements
15 Project Details, Requirements and Costs Involved
15.1 Land, Location, and Site Development
15.2 Construction
15.3 Plant Machinery
15.4 Cost of Raw Material
15.5 Packaging
15.6 Transportation
15.7 Utilities
15.8 Manpower
15.9 Other Capital Investment
16 Project Economics
16.1 Capital Cost of the Project
16.2 Techno-Economic Parameters
16.3 Product Pricing and Margins Across Various Levels of the Supply Chain
16.4 Taxation and Depreciation
16.5 Income Projections
16.6 Expenditure Projections
16.7 Financial Analysis
16.8 Profit Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players Market Share
17.3 Company Profiles
17.3.1 AGT Food and Ingredients
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Certifications
17.3.2 BroadGrain Commodities, Inc.
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Certifications
17.3.3 The Wimmera Grain Store
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Certifications
17.3.4 Others
18 Industry Events and Developments
List of Key Figures and Tables
1. Global Chickpeas Market: Key Industry Highlights, 2018 and 2032
2. Global Chickpeas Historical Market: Breakup by Region (Million Tons), 2018-2023
3. Global Chickpeas Market Forecast: Breakup by Region (Million Tons), 2024-2032
4. North America Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2023
5. North America Chickpeas Market Forecast: Breakup by Country (Million Tons), 2024-2032
6. Europe Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2023
7. Europe Chickpeas Market Forecast: Breakup by Country (Million Tons), 2024-2032
8. Asia Pacific Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2023
9. Asia Pacific Chickpeas Market Forecast: Breakup by Country (Million Tons), 2024-2032
10. Latin America Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2023
11. Latin America Chickpeas Market Forecast: Breakup by Country (Million Tons), 2024-2032
12. Middle East and Africa Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2023
13. Middle East and Africa Chickpeas Market Forecast: Breakup by Country (Million Tons), 2024-2032
14. Major Importing Countries by Volume (2020)
15. Major Exporting Countries by Volume (2020)
16. Major Importing Countries by Value Million USD (2020)
17. Major Exporting Countries by Value Million USD (2020)
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Chickpeas Market Structure
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