How Global Chickpeas Market Players Should Strategize For 2022-2031

The global chickpea market size is expected to grow from $12.52 billion in 2021 to $13.79 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $17.09 billion in 2026 at a CAGR of 5.5%.

What is the Global Chickpeas Market?

The chickpeas market consists of sales of chickpeas by entities (organizations, sole traders, and partnerships) that are solid, round seeds which resemble pale-brown peas in appearance. Chickpeas are an Asian legume plant (Cicer arietinum) grown for their short pods with one or two seeds. Garbanzo beans, Ceci beans, Bengal gramme, and gramme are all names for chickpeas. They're nutritious, adaptable, and simple to cook.

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What drives the Global Chickpeas Market?

The rising health awareness among people is expected to fuel the growth of the chickpeas market in the forecast period. Increasing cases of obesity, heart diseases, diabetes, and other chronic diseases are forcing people to choose healthy dietary options. Chickpeas, both canned and dried, have a low glycemic index, which helps to control blood sugar, cut cholesterol, and reduce the risk of cancer. Choline is a vitamin found in chickpeas that aids in the production of key molecules for memory, mood, muscular control, and other brain and nervous system functions. For instance, according to the Center for Diseases Control and Prevention report in 2021, due to poor nutrition, and lack of physical activity, 6 in 10 adults in the USA are suffering from a chronic disease and 4 in 10 have two or more diseases. According to International Diabetes Federation, in 2019, 463 million people have diabetes globally and the number is projected to increase to 700 million by 2045. Therefore, the rising health awareness propels the growth of the chickpeas market.

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Global Chickpeas Market Segments
The global chickpea market is segmented:
By Type: Kabuli Chickpeas, Desi Chickpeas
By Form: Dried, Fresh Or Green, Frozen, Preserved/ Canned, Flour
By Distribution Channel: Supermarkets/ Hypermarkets, Departmental Stores, Grocery Stores, E-commerce Platforms, Others
By End User: Food And Beverage, Healthcare And Nutrition, Restaurants And Food Service Providers, Others
By Geography: The regions covered in the chickpeas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global chickpeas market.

Chickpeas Global Market Report 2022provides market size and growth forecasts for the global chickpeas market, global chickpeas market share, chickpeas market segments and geographies, chickpeas market competitive landscape including leading competitors’ revenues, profiles and market shares. The chickpeas market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Chickpeas Industry Playersinclude AGT Food and Ingredients, BroadGrain Commodities, The Wimmera Grain Store, Bean Growers Australia Limited, Olega S.A., Indraprasth Foods Limited, Arbel Group, Alberta Pulse Growers Commission, Isik Tarim, Shri Mahavir Group, Aayurmed Biotech Pvt. Ltd, RR Agro Foods, Parampara Organic, Erika Organics, and Pushti Food Products. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.