The global chickpeas market size was valued at approximately USD 27.5 billion in 2022. The market is expected to witness a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. This growth is driven by increasing consumer awareness of the health benefits of chickpeas, their rising application in diverse food products, and the expanding vegan and vegetarian food trends. As demand continues to grow, the market is projected to reach around USD 49.8 billion by 2030, reflecting a robust expansion trajectory influenced by changing dietary preferences and population growth.
Artificial Intelligence (AI) and automation technologies are significantly impacting the chickpeas market by enhancing efficiency across various stages of the supply chain. AI-driven analytics are optimizing crop yields through precision agriculture, improving seed selection, and predicting disease outbreaks. Automation in processing and packaging is reducing labor costs and increasing productivity. These technological advancements are leading to more efficient operations, reduced waste, and lower production costs, which in turn are expected to make chickpeas more accessible and affordable for consumers while driving market growth.
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The importance of Chickpeas Market research reports lies in their ability to aid strategic planning, helping businesses develop effective strategies by understanding market trends and dynamics. They play a crucial role in risk management by identifying potential risks and challenges, allowing businesses to mitigate them proactively. These reports offer a competitive advantage by providing insights into competitors' strategies and Chickpeas Market positioning. For investors, they provide critical data for making informed decisions by highlighting market forecasts and growth potential. Additionally, market research reports guide product development by understanding consumer needs and preferences, ensuring products meet market demands and drive business growth.
What are the Type driving the growth of the Chickpeas Market?
Growing demand for below Type around the world has had a direct impact on the growth of the Chickpeas Market:
Kabuli Chickpeas, Desi Chickpeas
What are the Applications of Chickpeas Market available in the Market?
Based on Application the Market is categorized into Below types that held the largest Chickpeas Market share In 2024.
Supplier, Distributers, Retailer
Who is the largest Manufacturers of Chickpeas Market worldwide?
Wimmera Grain, Bean Growers, Arbel, Isik Tarim, JOVA Graneros, Mast Qalander, Indraprasth foods, OLEGA
Short Description About Chickpeas Market:
The global Chickpeas Market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. In 2022, the market is growing steadily, and with the increasing adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, particularly the United States, will continue to play a pivotal role in the market's development. Any changes in the United States could significantly impact the Chickpeas Market growth trends. The market in North America is projected to grow considerably during the forecast period, driven by the high adoption of advanced technology and the presence of major industry players, creating ample growth opportunities.
Europe is also expected to experience significant growth in the global market, with a strong CAGR during the forecast period from 2024 to 2031.
Despite intense competition, the clear global recovery trend keeps investors optimistic about the Chickpeas Market, with more new investments expected to enter the field in the future.
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Which regions are leading the Chickpeas Market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and 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)
What are the global trends in the Chickpeas Market? Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Chickpeas Market? What are the upcoming industry applications and trends for the Chickpeas Market?
What Are Projections of Global Chickpeas Market Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and Export?
Where will the strategic developments take the industry in the mid to long-term?
What are the factors contributing to the final price of Chickpeas Market? What are the raw materials used for Chickpeas Market manufacturing?
How big is the opportunity for the Chickpeas Market? How will the increasing adoption of Chickpeas Market for mining impact the growth rate of the overall market?
How much is the global Chickpeas Market worth? What was the value of the market In 2020?
Who are the major players operating in the Chickpeas Market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Chickpeas Market Industry?
1. Introduction of the Chickpeas 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. Chickpeas Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Chickpeas Market, By Product
6. Chickpeas Market, By Application
7. Chickpeas Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Chickpeas Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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