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Chickpea Market Size to Reach $10.68 Billion by 2028 - Share, Demand and Distributor Outlook - Million Insights

The global chickpea market size is expected to reach USD 10.68 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 3.15% from 2021 to 2028. Increasing demand for protein-rich chickpea as from developed as well as developing countries is propelling market growth.

The global chickpea market size is expected to reach USD 10.68 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 3.15% from 2021 to 2028. Increasing demand for protein-rich chickpea as from developed as well as developing countries is propelling market growth.

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Chickpea Market Size to Reach $10.68 Billion by

2028 | Share, Demand and Distributor Outlook |

Million Insights

“The market growth can be credited to the increasing demand for protein supplements from the

health-conscious millennial population and the growing trend of veganism.”

Chickpea Market report offers the most up-to-date data on current market scenario, trends and future outlook. This

study provides numerous opportunities for market players to invest for research and development in the market. It

also provides a detailed evaluation of the industry by highlighting information on different aspects which include

drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate

decisions before investing.

Main Features of the Report:

To gain insightful analyses of the market and have comprehensive understanding of the global market and its

commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global

market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements.

Impact of COVID-19 on chickpea Market.

The global chickpea market size is expected to reach USD 10.68 billion by 2028, according to a new report by

Million Insights. It is expected to expand at a CAGR of 3.15% from 2021 to 2028. Increasing demand for proteinrich

chickpea as from developed as well as developing countries is propelling market growth.


Request for Free Demo of This Report @

https://www.millioninsights.com/snapshots/chickpea-market-report/request-demo

The growing trend of healthy diet and vegetarianism has led to the significant growth of the market. The ground

chickpea can be an alternative to caffeine-related products such as coffee as its taste and flavor are the same as

coffee. Brown chickpeas have various health benefits such as reducing the risk of certain types of cancers and

regulating sugar levels in the blood. They boost immunity and also provide extra strength to our muscles. This has

led to increased inclination of the young generation towards the product for a balanced diet, resulting in significant

growth of the market.

Desi chickpeas captured the largest share of more than 70.0% in 2020. Rising demand for this product for a

proportionate diet is propelling the segment growth. Moreover, desi chickpeas have numerous health benefits. This

is projected to help the market to grow in the upcoming years.

Asia Pacific held the largest share of over 70.0% in 2020 owing to the increasing demand from India, Australia, and

Myanmar. India is a leader in the production of chickpeas, accounting for 9.94million metric tons according to the

FAO. Following India, Australia and Myanmar are the leading producers and exporters of chickpeas to developed

countries. All these factors together are expected to boost the regional market growth.

Browse Full Research Report @

https://www.millioninsights.com/snapshots/chickpea-market-report

Chickpea Market Report Highlights


The desi type segment held the largest share of above 70.0% in 2020 due to the increasing demand

from developing countries, such as India

By distribution channel, hypermarkets and supermarkets held the largest share of over 35.0% in 2020

due to the growing number of hypermarkets and supermarkets

Europe is anticipated to register a growth rate of 2.91% from 2021 to 2028 owing to the rising

production of chickpea in developed countries

North America is expected to witness significant growth over the forecast period due to the rising

adoption of a healthy and protein-rich diet as chickpea as are a good source of protein

Chickpea Market Segmentation

Million Insights has segmented the global chickpea market on the basis of type, distribution channel, and region:

Chickpea Type Outlook (Revenue, USD Million, 2017 - 2028)

Desi

Kabuli

Chickpea Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

Hypermarkets & Supermarkets

Convenience Stores

Grocery Stores

Online


Others

Chickpea Regional Outlook (Revenue, USD Million, 2017 - 2028)

North America

U.S.

Canada

Europe

Mexico

Turkey

Italy

Spain

Asia Pacific

India

Australia

Myanmar

Pakistan

Central & South America

Argentina

Middle East & Africa

Iran

Tanzania

List of Key Players of Chickpea Market

Wimmera Grain Company

Bean Growers

Arbel S.A.

IsikTarimUrunleriSanayiIcVe Dis Ticaret Ltd Sti

JOVA Graneros, S.A. de C.V.

Mast Qalander Group of Companies

Indraprasth foods Ltd.

OLEGA S.A.


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction.

Our representatives strive to understand diverse client requirements and cater to the same with

the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

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