Business

Chickpea Market Size, Price Trends and Forecast 2027

According to IMARC Group’s latest report, titled “Chickpea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global chickpeas market reached a volume of 18.7 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 25.1 Million Tons by 2027, exhibiting a CAGR of 5.03% during 2022-2027.

Chickpeas are a type of legumes or garbanzo beans belonging to the Fabaceae family. They are cultivated in two distinctive styles, namely Kabuli and desi. Amongst these, desi chickpea is grown in the Indian subcontinent, whereas Kabuli is produced in West Asia and the Mediterranean region. Chickpeas offer several health benefits, including minimizing the risk of several chronic diseases, maintaining muscle health, aiding weight management, improving digestion, and stabilizing blood sugar levels. Consequently, they are extensively incorporated in several spreads, dips, soups, and sauces.

Request for a PDF sample of this report: https://www.imarcgroup.com/prefeasibility-report-chickpea-processing-plant/requestsample

Global Chickpeas Market Trends:

The shifting consumer inclination towards chickpeas as a preferred source of dietary protein, especially among the vegetarian and vegan population, is primarily driving the market growth. This is further supported by the rising health consciousness and awareness about the several health benefits of the product, which has led individuals to incorporate it into their daily diets. Moreover, rapid urbanization and globalization have enhanced the popularity of diversified ethnic cuisines mainly made from chickpeas, which is acting as another growth-inducing factors. Apart from this, the extensive product utilization in various ready-to-eat (RTE) and processed foods, in confluence with their easy availability in hypermarkets and supermarkets, are creating a positive outlook for the market.

Competitive Landscape with Key Players:

  • Adani Wilmar Limited (AWL)
  • Cargill Foods India
  • AGT Food and Ingredients, Inc.
  • BroadGrain Commodities, Inc.

Breakup by Region:

  • India
  • Australia
  • Pakistan
  • Myanmar
  • Ethiopia

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/prefeasibility-report-chickpea-processing-plant

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                           

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:                                                                     

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button