Chickpeas Market is Booming with a CAGR of 4.76% by 2032

Chickpeas Market

Global Chickpeas Market Size, Share & Growth Research Report 2024-2032

  • The global chickpeas market size reached USD 20.5 Million in 2023.
  • The market is expected to reach USD 31.7 Million by 2032, exhibiting a growth rate (CAGR) of 4.76% during 2024-2032.
  • India leads the market, accounting for the largest chickpeas market share.
  • The increasing use of chickpeas in the formulation of gluten-free products, as they serve as an excellent alternative for individuals with gluten intolerance or celiac disease, is contributing to the market expansion.
  • Besides this, the expansion of export markets, as countries like India, Australia, and Turkey enhance their production and export capabilities, meeting the rising global demand for chickpeas in various culinary applications.

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Industry Trends and Drivers:

  • The Increasing Popularity of Plant-Based Diets:

As more consumers adopt vegetarian and vegan lifestyles, there is a heightened demand for plant-based protein sources. Chickpeas are an excellent source of protein, fiber, and essential nutrients, making them a preferred choice for those seeking to reduce their meat consumption. The rise of flexitarianism, where consumers primarily eat plant-based but occasionally include meat, further contributes to the demand for chickpeas.

This shift towards plant-based diets is not just limited to individual consumers; it is also reflected in the food industry, with many restaurants and food manufacturers incorporating chickpeas into their menus and products. Innovations in chickpea-based products, such as snacks, flour, and ready-to-eat (RTE) meals, have also gained traction, thus supporting the market growth.

  • The Growing Demand for Healthy and Nutritious Food Options:

The growing demand for healthy and nutritious food options is another critical factor driving the chickpea market. Consumers are becoming more health-conscious, seeking foods that provide health benefits and align with their dietary preferences. Chickpeas are recognized for their low glycemic index, which makes them suitable for individuals managing blood sugar levels, as well as their ability to promote digestive health due to their high fiber content.

This increasing awareness of nutrition is leading to greater consumption of chickpeas in various forms, including hummus, salads, and soups. Moreover, health trends emphasize whole foods and clean eating as they are minimally processed and can be included in diverse recipes, aiding the market growth.

  • Rise in Agricultural Advancements and Cultivation Practices:

The rise in agricultural advancements and cultivation practices is also contributing to the growth of the chickpea market. As farmers adopt modern agricultural techniques, such as improved irrigation systems, precision farming, and sustainable practices, the yield and quality of chickpea crops have improved significantly. These advancements enable farmers to meet the growing demand for chickpeas while ensuring environmental sustainability.

Additionally, the development of disease-resistant and high-yield chickpea varieties through research and innovation enhances productivity and lowers the risk of crop failures. This is particularly important in regions where chickpeas are a staple food, as it helps secure food supply and support local economies. Governments and agricultural organizations promote chickpea cultivation as a strategic crop, thus bolstering the market demand.

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Chickpeas Market Report Segmentation:

Breakup By Region:

  • India
  • Australia
  • Pakistan
  • Myanmar
  • Ethiopia

Based on the market forecast, India hold the leading position owing to its cultural significance, extensive culinary use, and favorable climatic conditions that support large-scale cultivation.

Top Chickpeas Market Leaders: The chickpeas market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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