Report Code: A08750 | Pages: NA | Mar 2023 | 3556 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Chickpea Market
Request Now !Chickpea are legumes that belong to the Leguminosae family of plants. Chickpea are cultivated from the Cicer arietinum plant's seed. Chickpea, also known as garbanzo beans, chana, or Egyptian peas, are mostly consumed in Asia and the Middle East. Chickpea are a valuable source of foreign exchange and hence an important crop. The supply chain for Chickpea is fragmented at the supplier level. Chickpea are a cost-effective source of nutritional protein for vegetarians and vegans and are extensively consumed in the Indian subcontinent as dal. Chickpea cultivation needs well-drained soil with high yield potential. The Chickpea are available in varieties bifurcated based on color, taste and seed size. Furthermore, customers are increasingly choosing food products with high protein content as a result of increased health awareness, which is driving product demand even higher. Chickpea are being used to make textured protein as part of the current trend of vegetarian meat alternatives.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Regions Covered |  North America, Europe, Asia-Pacific, and LAMEA |
 Segments Covered | Product Type, Application, End User, Distribution Channel, and Region |
 Companies Covered | Wimmera Grain Company., Bean Growers Australia Limited., Arbel S.A., Cargill Foods India Limited., JOVA Graneros, S.A. de C.V., Adani Wilmar Limited., Indraprasth foods Ltd., R Young Seeds, Inc., OLEGA S.A.,. |
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COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Increasing chickpea consumption as snacks
Chickpea are a popular snack in many countries and may also be found in salads. Over the projected period, changing lifestyles and growing knowledge about healthy eating are likely to drive market growth. Chickpea are high in fiber, folate, zinc, and protein, among other nutrients. For example, salted roasted Chickpea are consumed in Turkey as "Leblebi" flavored with cloves, while Chickpea are commonly consumed as snacks and curries in South Asia. As a result, the chickpea market will be driven by the rising consumption of chickpea in various forms over the projected period.
Online retailing is gaining popularity
The major manufacturers of chickpea and chickpea products from all around the world are selling their products through an online platform. Manufacturing companies offer heavy discounts on sales of a product, making it a profit-making deal for the buyers. Due to the ongoing pandemic, the business had partially shifted from traditional to online. Currently, the manufacturing companies are creating their website for sales or coming into partnership with e-commerce giants to sell their products. It is expected that in future, all the big players of the Chickpea industry will shift their services online to boost their sales and reach more customers.
Social media plays a vital role in the advertisement of face serum
The growing culture of v-loggers and renowned social media creators who have a high social media following uses different nutritional ingredients such as Chickpea to project healthy lifestyle videos. The endorsement is expected to reach a large group of people. The v-logs are creating awareness in the customer to adapt to better nutritional options that may benefit their health. The chickpea industry is experiencing a rise in demand from customers as a result of the videos highlighting the benefits, and the chickpea market is projected to increase.
Key Benefits of the Report
Questions Answered in the Chickpea Market Research Report
Chickpea Market Report Highlights
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Key Market Players | Mast Qalander Group of Companies, Arbel S.A., Adani Wilmar Limited (AWL), R. Young Seeds Inc., Cargill Foods India, BEAN GROWERS AUSTRALIA, Indraprasth foods Ltd., AGT Food and Ingredients Inc., Wimmera Grain Company, BroadGrain Commodities Inc., JOVA GRANEROS S.A. de C.V., AGROCROPS, OLEGA S.A. |
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