The global demand for Chickpea Flour Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX MT in 2021 and forecast to touch XX MT by 2028 with a CAGR of XX% during 2022-2028.
Chickpea flour is flour made from grinding whole dried chickpeas. It grows in tropical and subtropical climates. Chickpeas are classified as pulses and are known for being cholesterol-free, high in protein, and high in fibre. Chickpea flour is quite a popular ingredient in Indian cooking and baking. It is also a good source of vitamins and minerals, so it will help individuals get more manganese and folate.
Market Dynamics
The growing popularity of chickpeas can be attributed to their high nutritional value. Chickpea flour has become a functional ingredient for the food processing industry due to its healthy, high levels of complex carbohydrates, amino acid balance, relatively low levels of anti-nutritional factors, and protein bioavailability. Moreover, chickpea flour aids in the prevention of various health issues such as coronary heart disease, obesity, diabetes, and cancer, which leads to increased consumption. Consumption of chickpeas has grown in popularity as people become more aware of their health benefits. Chickpea flour reduces inflammation and boosts immunity. It can also help to keep blood sugar levels stable and prevent diabetes. Chickpeas have a high fibre content, which allows them to lower cholesterol, reduce hypertension, and protect against heart disease. Rising consumer health consciousness is a significant factor driving up demand for chickpea flour. Changes in lifestyle and dietary preferences are expected to drive the growth of the chickpea flour market. Furthermore, the increasing application of chickpea flour in the bakery, snack, and savoury markets is expected to supplement the development of the chickpea flour market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of chickpea flour. The growth and trends of Chickpea Flour Industry provide a holistic approach to this study.
Market Segmentation
This section of the chickpea flour market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
By Distribution Channel
- Food Chain Services
- Modern Trade
- Convenience Store
- Departmental Store
- Online Store
- Other Distribution Channel
By Application
- Bakery And Confectionery
- Extruded Products
- Beverages
- Animal Feed
- Dairy Products
- Other Applications
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Chickpea Flour market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Chickpea Flour Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the chickpea flour market include Parakh Agro Industries Ltd, Ingredion, Anchor Ingredients, CanMar Grain Products, The Scoular Company, SunOpta, Bean Growers Australia, EHL Limited, Blue Ribbon, Batory Foods, Diefenbaker Spice & Pulse, Great Western Grain, Best Cooking Pulses, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
