It said the chickpea market will exceed US$10.2 billion by the end of 2021 . Additionally, canned chickpeas are gaining momentum in North America. Therefore, Fact.MR predicts that chickpea market revenue will almost double between his 2021 and his 2031 to reach about US$17.8 billion in 2031, with a CAGR of 5.7 over the forecast period . I’m assuming it will be %.
Chickpea sales surged at a CAGR of 4.3% from 2016 to 2020 . This has spurred its easy availability, low cost, and increased adaptability as a basic ingredient in various culinary preparations. Additionally, growing concerns over excessive meat consumption have led consumers to cut back on animal protein intake, favoring chickpeas as an effective substitute.
Download a sample copy of this report : –https://www.factmr.com/connectus/sample?flag=S&rep_id=296?Pj
Market players: –
- Wimmera Grain Co. Pty Ltd
- Bean Growers Australia Limited
- AGT Food & Ingredients, Inc.
- Indra Plus Foods Co., Ltd.
- Oleg SA
- Sanwa Pty.
- Alberta Pulse Growers Commission
- Must Callander Traders
Main segments covered
- product type
- desi chickpeas
- turnip chickpeas
- shape
- dried chickpeas
- fresh/green chickpeas
- frozen chickpeas
- Preserving and canning chickpeas
- chickpea flour
- application
- chickpeas for direct consumption
- chickpeas for salad
- chickpea snacks
- Chickpeas with hummus and tahini
- Chickpeas for sweets and desserts
- chickpeas for other applications
competitive environment
Chickpea manufacturers are sticking to their business strategy and focus on providing flavorful chickpeas. In addition, key expansion strategies relied upon by prominent manufacturers include working with incumbent players, acquiring smaller entities, and securing regulatory approvals.
- Wimmera Grain Co., a prominent Australian legume manufacturer, offers a wide range of lentils, chickpeas, peas and legumes respectively. Notable products include Small Red, Medium Red, Large Red, Desi Chickpeas, Kabri Almaz Chickpeas and Genesis Types (090s & 079s).
Regional analysis includes
- North America (USA, Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Republic, etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, Korea, ASEAN Countries, Rest of APEJ)
How does Fact.MR help with strategic moves?
The data provided in the chickpea market report offers a comprehensive analysis of key industry trends. Industry insiders can use this data to strategize potential business moves to generate impressive returns in the upcoming period.
The report covers price trend analysis and value chain analysis, as well as analysis of various products by market players. The primary purpose of this report is to assist companies in making data-driven decisions and strategizing their business moves.
Why Fact.MR?
- We focus on providing quality market reports
- 24/7 customer service
- Methodical and systematic approach while curating the report
- Our aim is to help our clients achieve their business goals
Customize this report for your specific research solution :https://www.factmr.com/connectus/sample?flag=RC&rep_id=296?PJ
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E Mail : [email protected]