PUBLISHER: IMARC | PRODUCT CODE: 1423296
PUBLISHER: IMARC | PRODUCT CODE: 1423296
Chickpeas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
Abstract
The global chickpeas market size reached 20.5 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 31.7 Million Tons by 2032, exhibiting a growth rate (CAGR) of 4.76% during 2024-2032.
Chickpeas, also known as garbanzo beans, refer to legumes that come under the family of Fabaceae and subfamily of Faboideae. There are two distinct types of cultivated chickpea, namely Desi and Kabuli. The desi type is grown in the Indian subcontinent while the Kabuli type is grown in West Asia and the Mediterranean region. Chickpeas are considered a good source of carbohydrates, proteins and include high levels of dietary fiber, vitamins and minerals. As a result, they offer numerous health benefits such as stabilizing blood sugar levels, maintaining muscle strength, aiding weight management, improving digestion and minimizing the risk of several chronic diseases such as diabetes and heart attack. Owing to this, they are added in a variety of dishes, like sauces, dips, soups and spreads.
Chickpeas are an economical source of dietary proteins for vegetarian and vegan consumers and are widely consumed in the form of dal in the Indian subcontinent. They are also used as a primary ingredient in hummus, a dip made with mashed chickpeas and other materials, which is popular in numerous parts of the globe. Moreover, consumers are nowadays opting for food products with high protein content owing to rising health awareness, which is further driving the product demand. With the prevailing trend of vegetarian meat substitutes, chickpeas are also being utilized for producing textured protein. Besides this, on account of the high cost and limited availability of higher protein sources like soybean, chickpeas have emerged as a low-cost feed additive. Some of the other factors boosting the growth of the market are population growth, increasing disposable incomes, and changing dietary patterns.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global chickpeas market report, along with forecasts at the global and country level from 2024-2032.
Regional Insights:
India
Australia
Pakistan
Myanmar
Ethiopia
Region-wise, India currently represents the largest producer of chickpeas, accounting for more than two-thirds of the global production. They are used in a variety of dishes as a whole, as dal (chana dal), or as flour (besan).
Competitive Landscape:
The competitive landscape of the market is characterized by the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the key players operating in the industry are:
Adani Wilmar Limited (AWL)
Cargill Foods India
AGT Food and Ingredients, Inc.
BroadGrain Commodities, Inc.
Key Questions Answered in This Report
- 1. What was the size of the global chickpeas market in 2023?
- 2. What is the expected growth rate of the global chickpeas market?
- 3. What are the key factors driving the global chickpeas market?
- 4. What has been the impact of COVID-19 on the global chickpeas market?
- 5. What are the key regions in the global chickpeas market?
- 6. Who are the key companies/players in the global chickpeas market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Chickpeas Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Price Analysis
- 5.3.1 Key Price Indicators
- 5.3.2 Price Structure
- 5.3.3 Price Trends
- 5.4 Impact of COVID-19
- 5.5 Market Breakup by Region
- 5.6 Market Forecast
- 5.7 Trade Data
- 5.7.1 Imports by Major Countries
- 5.7.2 Exports by Major Countries
- 5.8 SWOT Analysis
- 5.8.1 Overview
- 5.8.2 Strengths
- 5.8.3 Weaknesses
- 5.8.4 Opportunities
- 5.8.5 Threats
- 5.9 Value Chain Analysis
- 5.9.1 Input Suppliers
- 5.9.2 Farmers
- 5.9.3 Collectors
- 5.9.4 Processors
- 5.9.5 Distributors
- 5.9.6 Exporters
- 5.9.7 Retailers
- 5.9.8 End-Users
- 5.10 Porter's Five Forces Analysis
- 5.10.1 Overview
- 5.10.2 Bargaining Power of Buyers
- 5.10.3 Bargaining Power of Suppliers
- 5.10.4 Degree of Competition
- 5.10.5 Threat of New Entrants
- 5.10.6 Threat of Substitutes
- 5.11 Key Market Drivers and Success Factors
6 Performance of Key Regions
- 6.1 India
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Australia
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Pakistan
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Myanmar
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Ethiopia
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Competitive Structure
8 Chickpeas Processing
- 8.1 Product Overview
- 8.2 Detailed Process Flow
- 8.3 Various Types of Unit Operations Involved
- 8.4 Mass Balance and Raw Material Requirements
9 Project Details, Requirements and Costs Involved
- 9.1 Land Requirements and Expenditures
- 9.2 Construction Requirements and Expenditures
- 9.3 Plant Machinery
- 9.4 Machinery Pictures
- 9.5 Raw Material Requirements and Expenditures
- 9.6 Raw Material and Final Product Pictures
- 9.7 Packaging Requirements and Expenditures
- 9.8 Transportation Requirements and Expenditures
- 9.9 Utility Requirements and Expenditures
- 9.10 Manpower Requirements and Expenditures
- 9.11 Other Capital Investments
10 Loans and Financial Assistance
11 Project Economics
- 11.1 Capital Cost of the Project
- 11.2 Techno-Economic Parameters
- 11.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 11.4 Taxation and Depreciation
- 11.5 Income Projections
- 11.6 Expenditure Projections
- 11.7 Financial Analysis
- 11.8 Profit Analysis
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Adani Wilmar Limited (AWL)
- 12.3.2 Cargill Foods India
- 12.3.3 AGT Food and Ingredients, Inc.
- 12.3.4 BroadGrain Commodities, Inc.
List of Figures
- Figure 1: Global: Chickpeas Market: Major Drivers and Challenges
- Figure 2: Global: Chickpeas Market: Volume Trends (in Million Tons), 2018-2023
- Figure 3: Global: Chickpeas Market: Value Trends (in Billion US$), 2018-2023
- Figure 4: Global: Chickpeas Market: Average Prices (in US$/Ton), 2018-2023
- Figure 5: Chickpeas Market: Price Structure
- Figure 6: Global: Chickpeas Market: Breakup by Region (in %), 2023
- Figure 7: Global: Chickpeas Market Forecast: Volume Trends (in Million Tons), 2024-2032
- Figure 8: Global: Chickpeas Market Forecast: Value Trends (in Billion US$), 2024-2032
- Figure 9: Global: Chickpeas Market: Export Volume Trends (in Tons)
- Figure 10: Global: Chickpeas Market: Breakup by Export Volume (in %)
- Figure 11: Global: Chickpeas Market: Import Volume Trends (in Tons)
- Figure 12: Global: Chickpeas Market: Breakup by Import Volume (in %)
- Figure 13: Global: Chickpeas Industry: SWOT Analysis
- Figure 14: Global: Chickpeas Industry: Value Chain Analysis
- Figure 15: Global: Chickpeas Industry: Porter's Five Forces Analysis
- Figure 16: India: Chickpeas Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 17: India: Chickpeas Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 18: Australia: Chickpeas Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 19: Australia: Chickpeas Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 20: Pakistan: Chickpeas Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 21: Pakistan: Chickpeas Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 22: Myanmar: Chickpeas Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 23: Myanmar: Chickpeas Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 24: Ethiopia: Chickpeas Market: Volume Trends (in '000 Tons), 2018 & 2023
- Figure 25: Ethiopia: Chickpeas Market Forecast: Volume Trends (in '000 Tons), 2024-2032
- Figure 26: Chickpeas Processing: Detailed Process Flow
- Figure 27: Chickpeas Processing: Conversion Rate of Products
- Figure 28: Chickpeas Processing: Breakup of Capital Costs (in %)
- Figure 29: Chickpeas Industry: Profit Margins at Various Levels of the Supply Chain
- Figure 30: Chickpeas Processing: Manufacturing Cost Breakup (in %)
List of Tables
- Table 1: Global: Chickpeas Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Chickpeas Market Forecast: Breakup by Region (in '000 Tons), 2024-2032
- Table 3: Global: Chickpeas Market: Export Data of Major Countries
- Table 4: Global: Chickpeas Market: Import Data of Major Countries
- Table 5: Costs Related to Land and Site Development (in US$)
- Table 6: Costs Related to Civil Works (in US$)
- Table 7: Costs Related to Machinery (in US$)
- Table 8: Raw Material Requirements
- Table 9: Costs Related to Salaries and Wages (in US$)
- Table 10: Chickpeas Processing Plant: Costs Related to Other Capital Investments (in US$)
- Table 11: Details of Financial Assistance Offered by Financial Institutions
- Table 12: Capital Costs (in US$)
- Table 13: Techno-Economic Parameters
- Table 14: Taxation and Depreciation
- Table 15: Income Projections (in US$)
- Table 16: Expenditure Projections (in US$)
- Table 17: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
- Table 18: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
- Table 19: Profit and Loss Account (in US$)
