The report published on global Chickpeas Market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. The Chickpeas Market offers precise market scenario crucial real-time information about the developments and advancements in the market to help readers, stakeholders, and investors capitalize on the emerging opportunities. In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.
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The Chickpeas Market value for was USD 18.5 billion in 2022 and is expected to reach USD 22.56 Billion in 2032 growing at a CAGR of 4.8% during the forecast period. The market’s expansion can be ascribed to the rising demand for plant-based protein sources brought on by growing knowledge of the advantages of a plant-based diet for health. The growing demand for clean-label and non-GMO ingredients in the food and beverage sector is another factor driving the market revenue growth.
Dried peas, beans, chickpeas, and lentils are all considered pulses because they belong to the legume family. Protein, dietary fibre, vitamins, and minerals are abundant in pulse components. They are a great option for persons with dietary limitations because they are gluten-free, low glycemic, and have a low glycemic index. Because to its functional and nutritional qualities, Chickpeas are increasingly being used in the food and beverage industry.
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Chickpeas is expected to rise in the coming years.
Major Companies:
- Ingredion Incorporated
- ADM
- Cargill, Incorporated
- Limagrain Céréales Ingrédients
- AGT Food and Ingredients
- Anchor Ingredients Co., LLC
- Cosucra Groupe Warcoing SA
- Vestkorn Milling AS
- Pulse Canada
- Batory Foods
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Type Outlook:
- Peas
- Chickpeas
- Lentils
- Beans
- Others
Application Outlook:
- Food Beverages
- Feed
- Others
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Regional Outlook
For comprehensive understanding of market dynamics, the global Chickpeas Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Chickpeas Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Chickpeas Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Chickpeas Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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