The new report by Expert Market Research titled, ‘Global Chickpeas Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global chickpeas market, assessing the market based on its segments like major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): 13.37 million tons
- Forecast CAGR (2021-2026): 1.3%
- Forecast Market Size (2026): 14.26 million tons
The industry is currently being propelled by high demand from developing countries, where it is valued for its nutritional benefits and used as a protein and energy supplement.
Industry Definition and Major Segments
Chickpea, also known as gram/Bengal gramme, garbanzo/garbanzo bean, ceci, cece, or chana/Kabuli chana, is a legume that belongs to the Fabaceae family. It contains a lot of carbohydrates and protein, as well as vitamins like riboflavin, niacin, thiamin, folate, and vitamin A.
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
From 2016 to 2020, historical industry trends for the chickpeas market were provided, as well as forecasts through 2026. On a regional scale, India is the leading producer of chickpeas, accounting for nearly 70% of total output in 2018. Following India are Australia, Pakistan, and Myanmar. Desi and Kabuli are two different types of cultivated chickpeas. Except for sulfur-containing types, chickpeas contain significant amounts of all essential amino acids, which can be supplemented by including cereals in the daily diet.
This report also includes a value chain analysis of chickpeas, which includes all value chain activities such as procurement, manufacturing, sales, and distribution. Furthermore, the study evaluates the industry using Porter’s five forces model, which examines factors such as buyer and supplier bargaining power, threat from substitutes, and new entrants to determine the level of competition in the industry. A thorough analysis of the chickpeas market’s competitive landscape has also been provided.
This report covers everything you need to know about starting and running a chickpea processing plant. This report covers a wide range of topics, including land requirements, construction requirements, raw material requirements, labour requirements, machinery requirements, manufacturing process requirements, utility requirements, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, and so on.
Key Market Players
The major players in the market are AGT Food and Ingredients, BroadGrain Commodities, Inc., The Wimmera Grain Store, Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.