Global Chickpeas Market Size To Exceed USD 22.26 Billion by 2035 | CAGR of 10.54%
Category: Food & BeveragesGlobal Chickpeas Market Size To Exceed USD 22.26 Billion by 2035
According to a research report published by Spherical Insights & Consulting, The Global Chickpeas Market Size is expected to Grow from USD 11.20 Billion in 2024 to USD 22.26 Billion by 2035, at a CAGR of 10.54% during the forecast period 2025-2035.
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"Global Chickpeas Market Size, Share, and COVID-19 Impact Analysis, By Type (Kabuli chickpea and Desi Chickpea), By Color (yellow, red, brown, and green) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035 " Detailed Report Decription Here :https://www.sphericalinsights.com/reports/chickpeas-market
The Global Market Size for chickpeas is all about the consumption and production worldwide of This highly nutritious legume which is and rich in protein, fiber, vitamins, and minerals all at the same time. The market’s expansion is attributed to factors like consumers’ shifting preferences towards plant-based proteins, increasing interest in gluten-free and healthy foods and growing consumption of chickpea-based products that are ready-to-eat and convenient. Moreover, the increasing use of chickpeas for making snacks, flour, and beverages combined with the constant innovations in the production of value-added products and the rise of exports from the top producing countries are all contributing to the market expansion. Furthermore, the increasing number of people being conscious about their health and wellness, the rise of vegetarianism, and the promotion of vegan diets are all contributing to the global demand. Nevertheless, challenges like dependence on weather, price fluctuations, and pests and diseases may slow down the market’s growth.
The kabuli chickpea segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the type, the chickpeas market is divided into kabuli chickpea and desi chickpea. Among these, the kabuli chickpea segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth due to its larger size, mild flavor, versatility in recipes, higher export demand, and global culinary preference.
The yellow segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the color, the chickpeas market is divided into yellow, red, brown, and green. Among these, the yellow segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth due to its widespread culinary use, mild taste, high nutritional value, and strong demand in global markets.
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Asia Pacific is expected to hold the majority share of the global Chickpeas market during the forecast period.
Asia Pacific is expected to hold the majority share of the global chickpeas market during the forecast period. Government initiatives, increasing exports, rising middle-class incomes, and growing preference for high-protein diets are collectively driving significant growth in the chickpeas industry.
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Latin America is anticipated to grow at the fastest pace in the global chickpeas market during the forecast period. The primary factors driving the growth of the market are consumers becoming more aware of plant-based proteins, the popularity of healthy snacks, and the large-scale cultivation of the crops in countries such as Mexico and Argentina.
Major vendors in the global chickpeas market are AGT Food and Ingredients Inc., Archer Daniels Midland (ADM), Cargill Incorporated, BroadGrain Commodities Inc., Bunge Limited, The Scoular Company, Ebro Foods S.A., AGT Foods Australia, Indo Australian Foods, Olam International, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In February 2024, InnovoPro launched barista-grade chickpea protein, aiming to expand its plant-based protein ingredient portfolio and drive growth in the food and beverage industry.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the chickpeas market based on the below-mentioned segments:
Global Chickpeas Market, By Type
- Kabuli chickpea
- Desi Chickpea
Global Chickpeas Market, By Color
- Yellow
- Red
- Brown
- green
Global Chickpeas Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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