Chickpeas Market is anticipated to expand from 5.1 billion in 2024 to 9.2 billion by 2034, growing at a CAGR of approximately 6.1%.
The chickpeas market encompasses the global production, processing, and distribution of chickpeas, a nutrient-rich legume valued for its versatility and health benefits. This market includes various forms such as dried, canned, and flour, catering to diverse culinary applications and dietary preferences. Driven by increasing demand for plant-based proteins and Mediterranean diets, the market reflects trends in health-conscious consumption and sustainable agriculture, with significant growth potential in emerging economies and innovations in chickpea-based products.
The chickpeas market is witnessing robust growth, driven by increasing consumer preference for plant-based proteins and healthy diets. The dried chickpeas segment leads the market, owing to its versatility in culinary applications and long shelf life. Processed chickpeas, such as canned and roasted variants, are the second-highest performing sub-segment, reflecting convenience trends in urban lifestyles. Regionally, Asia-Pacific dominates the market, attributed to high production and consumption rates in India and Pakistan. North America follows, with substantial growth in the United States, fueled by the rising popularity of Mediterranean and Middle Eastern cuisines. The European market is also expanding, with the United Kingdom and Germany showing significant demand due to the increasing adoption of vegetarian and vegan diets. Innovations in chickpea-based products, such as snacks and dairy alternatives, are further propelling market expansion and presenting lucrative opportunities for stakeholders in the industry.
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Market Segmentation
Type | Kabuli, Desi |
Product | Whole Chickpeas, Chickpea Flour, Roasted Chickpeas, Canned Chickpeas, Snack Products |
Application | Food and Beverages, Animal Feed, Pharmaceuticals, Personal Care |
Form | Dried, Canned, Frozen |
End User | Households, Food Industry, Retailers, Food Service Providers |
Process | Harvesting, Processing, Packaging, Distribution |
Technology | Traditional Processing, Modern Processing Techniques |
Material Type | Organic, Conventional |
Functionality | Nutritional Enhancement, Flavoring Agent, Texturizing Agent |
In 2024, the global chickpeas market volume was estimated at 15 million metric tons, with an anticipated growth to 22 million metric tons till 2028. The desi chickpeas segment dominates the market, holding a 55% share, while the kabuli chickpeas segment accounts for 45%. This segmentation is driven by regional dietary preferences and the nutritional benefits of chickpeas. India remains the largest producer and consumer, contributing significantly to the market volume. Other key regions include Australia and Turkey, which are major exporters. The increasing demand for plant-based proteins further propels the market, with chickpeas serving as a primary source.
Geographical Overview
The Asia Pacific region dominates the chickpeas market, primarily due to high consumption in India and Pakistan. These countries are significant producers and consumers, driven by traditional dietary preferences. The region’s focus on increasing agricultural productivity and supporting local farmers enhances market growth. Government initiatives also play a crucial role in boosting production and export capabilities.
North America, particularly the United States, shows substantial growth in the chickpeas market, driven by increasing demand for plant-based protein. The region benefits from advanced agricultural techniques and a growing trend toward healthy eating. Innovations in food processing and product development further support market expansion.
Europe exhibits a steady growth trajectory in the chickpeas market, with countries like Italy and Spain leading consumption. The region’s emphasis on healthy and sustainable food choices fuels demand. Additionally, chickpeas are gaining popularity in the vegan and vegetarian segments, contributing to market growth.
The Middle East and Africa region also contribute significantly to the chickpeas market. Traditional culinary practices drive demand, and local production is supported by favorable climatic conditions. Export opportunities are expanding, particularly towards European markets, enhancing the region’s market presence.
Recent Developments
The global chickpeas market has witnessed notable developments affecting its share, size, and pricing. Rising consumer awareness about health benefits has fueled demand, particularly in North America and Europe. Chickpeas, rich in protein and fiber, are increasingly used in plant-based diets and gluten-free products. This trend is driving market growth and influencing pricing dynamics.
Additionally, the market is experiencing supply chain challenges due to geopolitical tensions and climate change impacts. Key producers like India and Australia face fluctuating yields, affecting global supply and pricing. The unpredictability of weather patterns and trade restrictions are significant factors contributing to price volatility.
Technological advancements in agriculture are also shaping the market. Precision farming techniques are enhancing yield predictability and quality. Companies investing in such technologies are gaining a competitive edge. Furthermore, the rise of e-commerce platforms for grocery shopping is expanding market reach, especially in urban areas. These platforms offer convenience and accessibility, further boosting chickpea product sales.
Market Drivers and Trends
The chickpeas market is experiencing robust growth, propelled by the rising demand for plant-based proteins. As consumers become more health-conscious, chickpeas are increasingly recognized for their nutritional benefits, including high protein and fiber content. This shift towards healthier eating habits is a significant driver, influencing the market’s expansion.
Furthermore, the trend of veganism and vegetarianism is gaining momentum globally, contributing to the surge in chickpea consumption. Chickpeas serve as a versatile ingredient in various culinary applications, from salads to snacks, enhancing their appeal. The convenience of ready-to-eat chickpea products is also attracting time-strapped consumers.
Sustainability concerns are another critical factor driving the market. Chickpeas are considered environmentally friendly due to their low water and carbon footprint. As awareness of climate change grows, consumers and producers alike are gravitating towards more sustainable food options, bolstering chickpea demand.
The increasing popularity of Middle Eastern and Mediterranean cuisines worldwide is further propelling market growth. As these cuisines become mainstream, chickpeas, a staple ingredient, are enjoying heightened demand. This culinary trend is opening new avenues for market expansion.
Lastly, innovations in chickpea processing and product development are creating lucrative opportunities. Companies are investing in research to enhance product quality and diversify offerings, from chickpea flour to protein isolates, catering to varied consumer preferences. Such advancements are poised to sustain market momentum.
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Market Restraints and Challenges
The chickpeas market is currently navigating several significant restraints and challenges. Climate change poses a considerable threat, affecting yields due to unpredictable weather patterns. This volatility in production leads to supply chain disruptions and price fluctuations. Additionally, the rising costs of agricultural inputs, such as fertilizers and pesticides, are squeezing profit margins for producers. Farmers are also facing challenges in accessing quality seeds, which impacts crop productivity and quality. Furthermore, there is growing competition from alternative protein sources, such as lentils and soy, which are gaining popularity among health-conscious consumers. This shift in consumer preference could potentially dampen demand for chickpeas. Lastly, stringent international trade regulations and tariffs can hinder market expansion, making it difficult for producers to access lucrative export markets. These challenges collectively pose significant hurdles to the growth and stability of the chickpeas market.
Key Players
- Glanbia
- AGT Food and Ingredients
- Olam International
- The Scoular Company
- Sun Opta
- Columbia Grain International
- Pulses Splitting and Processing Industry
- Great Northern Ag
- Blue Ribbon Grain and Pulses
- Arbel
- Ceres Global Ag Corp
- Ecovinal
- Simpson Seeds
- Maviga
- Kira Foods
- Sardari Group
- Isik Tarim
- Legumex Walker
- Diefenbaker Spice and Pulse
- Beyers
Research Scope
- Estimates and forecasts the overall market size across type, application, and region.
- Provides detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling.
- Identifies factors influencing market growth and challenges, opportunities, drivers, and restraints.
- Identifies factors that could limit company participation in international markets to help calibrate market share expectations and growth rates.
- Evaluates key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities.
- Analyzes smaller market segments strategically, focusing on their potential, growth patterns, and impact on the overall market.
- Outlines the competitive landscape, assessing business and corporate strategies to monitor and dissect competitive advancements.
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