According to a new report by Expert Market Research titled, “Global Chickpeas Market Share, Size, Report and Forecast 2024-2032″, the global chickpeas market size reached a volume of more than 13.90 million tons in 2023. Aided by the growing demand for plant-based food and culinary interests, the market is projected to further grow at a CAGR of 1.3% between 2024 and 2032.
Chickpeas, also known as garbanzo beans, are a staple in diets worldwide, renowned for their versatility in culinary uses, nutritional benefits, and role in sustainable agriculture. Chickpeas are known for their high protein content, making them an essential component of vegetarian and vegan diets.
Their rich nutritional profile, including significant amounts of fibre, vitamins, and minerals, supports a wide range of health benefits, from improving digestion to reducing the risk of chronic diseases. The increasing consumer awareness regarding health and nutrition, coupled with the rising popularity of plant-based diets, is fuelling the chickpeas market growth. The sustainability aspect of chickpea cultivation plays a crucial role in the market’s expansion. Chickpeas have a relatively low water footprint and can improve soil health through nitrogen fixation, making them a preferred crop in rotation practices for sustainable farming. Additionally, the adaptability of chickpeas to various climates contributes to their widespread cultivation, supporting food security and agricultural diversity.
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Innovations in chickpea-based products are a significant trend in the market. As per the chickpeas market analysis, beyond traditional dishes, chickpeas are now found in a variety of new food products, including gluten-free pasta, vegan meat alternatives, and dairy-free products like chickpea milk. This innovation extends the applications of chickpeas in the food sector, meeting the demands of health-conscious consumers and those with dietary restrictions.
The growing interest in sustainable and functional foods opens new avenues for the market. There is potential for further research and development in chickpea varieties with enhanced nutritional profiles, higher yields, and improved resilience to environmental stresses. Additionally, exploring chickpeas’ functional properties in food processing and packaging presents opportunities for chickpeas market expansion. Chickpeas, considered an ancient grain, benefit from the rising consumer interest in traditional and heritage foods. These foods are perceived as healthier and more nutritious alternatives to modern processed foods. The trend is driving the demand for chickpeas in their whole form, as well as products made from chickpea flour, which is gluten-free and rich in protein and fibre.
The shift towards plant-based diets is not just a niche movement but a global trend impacting consumer choices and food sector innovations. As per the chickpeas market outlook, chickpeas, as a versatile and high-protein ingredient, are at the forefront of this shift. They are being used to create a wide array of plant-based products, from meat substitutes to dairy alternatives like chickpea-based yoghurts and cheeses. This trend underscores the growing consumer demand for foods that support health and environmental sustainability.
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Amid concerns over climate change and food security, chickpeas are gaining attention for their role in crop diversification and resilience. Their ability to thrive in semi-arid conditions with minimal water requirements makes them an attractive crop for ensuring food security in vulnerable regions. Governments and agricultural organisations are increasingly promoting chickpea cultivation as part of sustainable farming practices in the chickpeas market to diversify food sources and mitigate the impacts of climate variability.
The global market exhibits significant regional variation in terms of consumption patterns, production capacities, and market dynamics. India, as the largest producer and consumer of chickpeas, plays a pivotal role in the market. The Middle East and North Africa (MENA) region, known for its traditional chickpea dishes like hummus and falafel, continues to hold significant chickpeas market share. In North America and Europe, the growing trend towards plant-based diets and healthy eating habits is driving the popularity of chickpeas, with an increasing range of chickpea-based products available in supermarkets and health food stores.
Market Segmentation
The market can be divided based on region.
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global chickpeas market. Some of the major players explored in the report by Expert Market Research are as follows:
• AGT Food and Ingredients
• BroadGrain Commodities, Inc.
• The Wimmera Grain Store
• Others
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