Chickpeas belong to the legume family. Chickpeas is also known as garbanzo beans, ceci beans, Bengal gram, gram, etc. Chickpeas is generally pea-shaped and beige-colored. Chickpeas are mostly consumed in Middle-East, South-Asia, and Mediterranean. The two most important variety of chickpeas are the Kabuli type which is large and light-colored, and another is desi type which is dark-colored. Chickpeas are rich in protein, nutrition and are also high in fiber. Chickpeas are also available in a dried or canned form and do not lose its nutrients even in the canned form.
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Many restaurants and fast-food chains have also started using chickpeas as the main ingredient in their cooking. With the rise of health-consciousness among consumers, manufacturers have also started including chickpeas in various processed foods. Among various foods, hummus is one of the most popular dips or spread made of chickpeas. Hence, hummus is also being made using a variety of flavors with chickpeas as the main ingredient. Being the largest producer of chickpeas, many major market players are looking forward to expanding in India and other Asian countries to produce various food products with chickpeas as a major ingredient. Increasing number of people suffering from gluten sensitivity or celiac disease is also motivating restaurants to opt for gluten-free cooking with beans such as chickpeas.
According to a study by Fact.MR, the global market for chickpeas is likely to witness above-average growth. The market is projected to bring in US$ 10,679.6 million revenue towards 2022 end. Being one of the major ingredients of various Mediterranean, Middle Eastern, and Indian dishes, the demand for chickpeas is continuously rising. Moreover, manufacturers of processed foods are also using chickpeas for offering a variety of food products.
Desi Chickpeas to Gain Maximum Revenue Share
Desi Chickpeas are projected to account for more than half of the share in terms of revenue by 2017 end. Desi chickpeas are also expected to create an incremental opportunity exceeding US$ 1,200 million between 2017 and 2022. Meanwhile, Kabuli chickpeas are also projected to witness steady growth throughout the forecast period.
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Dried Chickpeas to be the Most Preferred Form
Among various forms of chickpeas available in the market, dried chickpeas are likely to gain traction in the global market for chickpeas. Dried chickpeas are projected to surpass US$ 5,000 million towards 2022 end. On the other hand, fresh/green chickpeas are also likely to be the second most preferred chickpeas form.
Direct Consumption of Chickpeas to Witness Steady Growth
As compared to the various application of chickpeas in salads, snacks, hummus, and tahini, direct consumption is likely to experience steady growth. Towards the end of 2022, direct consumption of chickpeas is projected to exceed US$ 3,500 million value. Although the use of chickpeas in hummus and tahini is also likely to experience growth in the coming years.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global chickpeas market through 2022, which include Bean Growers Australia Limited, The Wimmera Grain Co., Pty Ltd, AGT Food & Ingredients, Inc., OLEGA S.A., Alberta Pulse Growers Commission, Indraprasth Foods Ltd, Mast Qalander Traders, and Sanwa Pty. Ltd.
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About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
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Ask for sample link here: https://www.factmr.com/connectus/sample?flag=S&rep_id=296
Many restaurants and fast-food chains have also started using chickpeas as the main ingredient in their cooking. With the rise of health-consciousness among consumers, manufacturers have also started including chickpeas in various processed foods. Among various foods, hummus is one of the most popular dips or spread made of chickpeas. Hence, hummus is also being made using a variety of flavors with chickpeas as the main ingredient. Being the largest producer of chickpeas, many major market players are looking forward to expanding in India and other Asian countries to produce various food products with chickpeas as a major ingredient. Increasing number of people suffering from gluten sensitivity or celiac disease is also motivating restaurants to opt for gluten-free cooking with beans such as chickpeas.
According to a study by Fact.MR, the global market for chickpeas is likely to witness above-average growth. The market is projected to bring in US$ 10,679.6 million revenue towards 2022 end. Being one of the major ingredients of various Mediterranean, Middle Eastern, and Indian dishes, the demand for chickpeas is continuously rising. Moreover, manufacturers of processed foods are also using chickpeas for offering a variety of food products.
Desi Chickpeas to Gain Maximum Revenue Share
Desi Chickpeas are projected to account for more than half of the share in terms of revenue by 2017 end. Desi chickpeas are also expected to create an incremental opportunity exceeding US$ 1,200 million between 2017 and 2022. Meanwhile, Kabuli chickpeas are also projected to witness steady growth throughout the forecast period.
Browse Full Report at: https://www.factmr.com/report/296/chickpeas-market
Dried Chickpeas to be the Most Preferred Form
Among various forms of chickpeas available in the market, dried chickpeas are likely to gain traction in the global market for chickpeas. Dried chickpeas are projected to surpass US$ 5,000 million towards 2022 end. On the other hand, fresh/green chickpeas are also likely to be the second most preferred chickpeas form.
Direct Consumption of Chickpeas to Witness Steady Growth
As compared to the various application of chickpeas in salads, snacks, hummus, and tahini, direct consumption is likely to experience steady growth. Towards the end of 2022, direct consumption of chickpeas is projected to exceed US$ 3,500 million value. Although the use of chickpeas in hummus and tahini is also likely to experience growth in the coming years.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global chickpeas market through 2022, which include Bean Growers Australia Limited, The Wimmera Grain Co., Pty Ltd, AGT Food & Ingredients, Inc., OLEGA S.A., Alberta Pulse Growers Commission, Indraprasth Foods Ltd, Mast Qalander Traders, and Sanwa Pty. Ltd.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=296
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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