Garbanzo Beans Market Revenue was valued at USD 3.5 Billion in 2024 and is estimated to reach USD 5.2 Billion by 2033, growing at a CAGR of 5.2% from 2026 to 2033.
The global Garbanzo Beans market was valued at approximately USD 13.5 billion in 2022 and is projected to reach USD 23.2 billion by 2030, growing at a CAGR of 7.1% during the forecast period. The growth of the market can be attributed to the increasing demand for plant based protein sources, as well as the growing awareness of the health benefits of Garbanzo Beans. As a rich source of fiber, protein, and essential vitamins, Garbanzo Beans are becoming a staple in the diets of health conscious consumers. Furthermore, their rising use in various food applications, including hummus, soups, and salads, is contributing to the markets expansion across the globe.
Regionally, North America held a significant market share in 2022, with the market valued at USD 5.6 billion, driven by the increasing consumption of plant based products and an expanding vegetarian and vegan population. The Asia Pacific region is expected to experience the highest growth rate during the forecast period, with a projected CAGR of 8.2%, owing to the growing demand for Garbanzo Beans in countries like India and China. In Europe, the market is experiencing steady growth, driven by increasing consumer preference for healthy and sustainable food alternatives. The Latin American and Middle Eastern regions are also showing promising growth, driven by the popularity of Garbanzo Beans in traditional dishes and their growing use in the health food sector.
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AGT Food and Ingredients Inc Agrifoods Australia
OLEGA
Indraprasthfoods
Prairie Pulse
Qualit Group
WimmeraGrain
Arbel
IsikTarim
AGT Food and Ingredients Inc
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Garbanzo Beans Market
Whole Garbanzo Beans
Canned Garbanzo Beans
Frozen Garbanzo Beans
Flour
Roasted Garbanzo Beans
Food & Beverage Industry
Animal Feed
Cosmetic Industry
Pharmaceutical Industry
Supermarkets/Hypermarkets
Online Retailers
Specialty Stores
Convenience Stores
Organic Garbanzo Beans
Conventional Garbanzo Beans
Household
Food Service Providers
Industrial Use
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Garbanzo Beans Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Garbanzo Beans Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Garbanzo Beans Market, By Type
6. Global Garbanzo Beans Market, By Application
7. Global Garbanzo Beans Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Garbanzo Beans Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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