IMARC Group, a leading market research company, has recently released a report titled "Chickpeas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033." The study provides a detailed analysis of the industry, including the chickpeas market Trends, share, size, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Chickpeas Market Highlights:

The global chickpeas market reached a size of 21.5 million tons in 2024 and is expected to grow to 32.2 million tons by 2033, reflecting a compound annual growth rate (CAGR) of 4.57% during the forecast period of 2025-2033. This growth is driven by increasing demand for convenient and ready-to-eat snacks, the rising need for plant-based protein, and enhanced health consciousness among consumers focusing on wellness.

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Chickpeas Market Key Takeaways

• Current Market Size: 21.5 Million Tons (2024)
• CAGR: 4.57%
• Forecast Period: 2025-2033
• Major market drivers include expansion of the food processing industry and increasing sustainable and ethical sourcing.
• Rising demand for plant-based protein and growing health consciousness are key market trends.
• India dominates the market due to dietary patterns and large agricultural production of chickpeas.
• Climate change challenges such as weather risks impact the market, while advances in agriculture and the rise of e-commerce present opportunities.
• The shift to online retail was accelerated by the COVID-19 pandemic, affecting chickpeas product distribution.

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Market Growth Factors

Health and environmental concerns that are increased are driving demand for a shift from dietary proteins of animal origin to dietary proteins with plant origin. Chickpeas are popular among vegetarians, vegans, and gluten- and lactose-intolerant people due to their high protein and nutritional values. Clean-label chickpea protein products by InnovoPro are expected to drive market growth too.

Chickpeas are a good source of nutrient-dense foods for help with control of blood sugar levels, weight, and the digestive system. Chickpeas contain much fiber and protein consumers know of health and diet companies developed new protein isolate products and ingredients for food products like granola energy bars and cereals.

The increasing pace of lives made demand increase for snacks with a better nutritional value that can be easily cooked. For example, foods of chickpeas like hummus, chickpea chips, and roasted chickpeas have grown regarding popularity. Plant-based, gluten-free, and low-fat snacks, such as chickpea-based snacks from PepsiCo and Hippeas' chickpea puffs, have been increasingly consumed by people around.

Market Segmentation:

Breakup By Region:

• India
• Australia
• Pakistan
• Myanmar
• Ethiopia

India holds the largest market share among regions due to chickpeas being a staple food and the country's large-scale cultivation. India's cuisine influences global chickpeas demand, and local companies introduce innovative product lines to expand the market further.

Recent Developments & News

• On 7 February 2023, Global Food and Ingredients Ltd. launched the Yofiit brand’s chickpea-based milk flavors (original and vanilla cinnamon) nationally in the United States at Sprouts Farmers Market.
• On 20 April 2023, Israeli startup Meat. The End announced the debut of the world’s first texturized plant-based burger made solely of chickpea protein.
• On 14 September 2023, Symrise introduced chickpea and aquafaba ingredients ideal for plant-based applications, which are gluten-free, non-GMO, and allergen-free in the EU.

Key Players

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

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