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Global Chickpeas Market: Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Trade Data Analysis; Price Analysis; Project Economics; Competitive Landscape; Industry Events and Developments
Global Chickpeas Market Outlook
The global chickpeas market attained a volume of more than 13.72 million tons in 2022 and estimated to witness a CAGR of 1.3% in the forecast period of 2023-2028.
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Increasing Utilisation of Chickpeas in Food Preparations to Aid the Growth of the Market
The market is being driven by the increased demand for chickpeas in the food preparation activities in the Middle Eastern, Mediterranean, and North Indian cuisines, among others. Chickpeas offer diverse application potential as they can be used in making dips, curries, and various snacks. In addition, the growing demand for chickpea products such as chickpea flour is also expected to bolster their demand in the forecast years. This trend is further expected to be supported by the growing consumer demand for gluten-free alternatives to wheat flour.
The Asia Pacific is one of the Leading Regional Markets for Chickpeas
The market in the Asia Pacific is currently being driven by a high demand especially from the developing countries where chickpeas are valued for their nutritional benefits and are being used as a supplement of protein and energy. India is the largest producer of chickpeas, accounting for almost 70% of the total production in 2018. India is followed by Australia, Pakistan, and Myanmar. There are two distinct types of cultivated chickpeas, Desi and Kabuli. The presence of a large vegan and vegetarian population contributes to the demand for chickpeas in the region. Additionally, the changing consumer lifestyles, fuelled by the rising demand for organic and health enhancing foods are also expected to prove beneficial for the market.
Market Segmentation
Chickpea is a legume which belongs to the Fabaceae family and is also known as gram/Bengal gram, garbanzo/garbanzo bean, ceci, cece or chana/Kabuli chana. It is rich in carbohydrates and protein and is also a good source of vitamins such as riboflavin, niacin, thiamin, folate and vitamin A. Chickpeas have significant amounts of all the essential amino acids except sulphur-containing types, which can be complemented by adding cereals to the daily diet.
The regional markets for chickpeas include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Consumer Awareness Regarding the Health Benefits of Chickpeas Bolstering the Market Growth
The market is being driven by the growing consumer awareness pertaining to the various health benefits associated with chickpeas consumption. Chickpeas help stabilise blood sugar levels and help improve digestion. Chickpeas are also useful in weight management and maintaining muscle strength, which is driving their demand among the fitness enthusiasts. Further, chickpeas consumption is also associated with a reduced risk of acquiring several chronic diseases such as diabetes and cardiovascular ailments. In the forecast period, the growing availability of chickpeas and chickpeas-based snacks across supermarkets and hypermarkets and online stores is anticipated to support the market growth. Furthermore, the rising demand for organic and plant-based protein diets, fuelled by the improving living standards and rising disposable incomes of consumers, is expected to significantly contribute to the market growth in the coming years.
Key Players in the Global Chickpeas Market
The report gives a detailed analysis of the following key players in the global chickpeas market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- AGT Food and Ingredients
- BroadGrain Commodities, Inc.
- The Wimmera Grain Store
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Region |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | AGT Food and Ingredients, BroadGrain Commodities, Inc., The Wimmera Grain Store, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 (2018-2022)
8.3 Global Chickpeas Market Forecast (2023-2028)
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 (2018-2022)
9.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.2.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.3.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.2 Forecast Trend (2023-2028)
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 (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
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 2028
2. Global Chickpeas Historical Market: Breakup by Region (Million Tons), 2018-2022
3. Global Chickpeas Market Forecast: Breakup by Region (Million Tons), 2023-2028
4. North America Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2022
5. North America Chickpeas Market Forecast: Breakup by Country (Million Tons), 2023-2028
6. Europe Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2022
7. Europe Chickpeas Market Forecast: Breakup by Country (Million Tons), 2023-2028
8. Asia Pacific Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2022
9. Asia Pacific Chickpeas Market Forecast: Breakup by Country (Million Tons), 2023-2028
10. Latin America Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2022
11. Latin America Chickpeas Market Forecast: Breakup by Country (Million Tons), 2023-2028
12. Middle East and Africa Chickpeas Historical Market: Breakup by Country (Million Tons), 2018-2022
13. Middle East and Africa Chickpeas Market Forecast: Breakup by Country (Million Tons), 2023-2028
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
Key Questions Answered in the Report
In 2022, the global chickpeas market attained a volume of nearly 13.72 million tons.
The market is projected to grow at a CAGR of 1.3% between 2023 and 2028.
The market is estimated to witness a growth in the forecast period of 2023-2028 to reach about 14.83 million tons by 2028.
The growth of the market is driven by factors like rising awareness of health benefits of the product, including maintenance of sugar level in the human body, increasing disposable incomes, growing population growth, and shifting dietary patterns.
The key trend guiding the growth of the chickpeas market includes the emerging trend of vegetarian meat substitutes, which employs the use of chickpeas to produce textured protein.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major players in the market are AGT Food and Ingredients, BroadGrain Commodities, Inc., and The Wimmera Grain Store, among others.
Analyst Review
The global chickpeas market attained a volume of nearly 13.72 million tons in 2022, driven by rising awareness of health benefits of the product. Aided by the emerging trend of vegetarian meat substitutes, the industry is expected to witness a further growth in the forecast period of 2023-2028 at a CAGR of 1.3% to attain a volume of 14.83 million tons by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The major regional markets for chickpeas are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include AGT Food and Ingredients, BroadGrain Commodities, Inc., The Wimmera Grain Store, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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