According to the latest report by IMARC Group, the global chickpeas market reached a volume of 12.5 Million Tons in 2018.
Chickpeas, also known as garbanzo beans, are pulses which belong to the Leguminosae family, consumed mainly within the Asian and Middle Eastern nations. Chickpeas are endowed with the goodness of nutrients, vitamins and fibre, and help in increasing folate as well as manganese intake. They are beneficial for boosting digestion, keeping blood sugar levels stable and catering satiety as well as weight-loss. Chickpeas are generally distinguished into two types, namely Desi and Kabuli. While Desi chickpeas are grown in India, Kabuli chickpeas are cultivated only in West Asia and the Mediterranean regions.
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One of the primary factors that has proliferated the demand for chickpeas are the health benefits that are associated with chickpeas. Some of these health benefits include weight management, strengthening bones, reduction of inflammation, improving digestion, and preventing diabetes and heart-attacks.
In addition, the growing population in emerging nations has affected the demand for food supply. As a result, the demand for chickpeas has witnessed a surge over the past few years. Further, improving standards of living have shifted consumer preferences to healthier food options like chickpeas.
Moreover, chickpeas are known for their potency to enhance the aroma and taste of numerous food products like spreads, dips, soups, sauces, etc. This has led to the rising applications of chickpeas in the food industry, thereby influencing its overall demand in the global market.
However, there are several factors that hamper the market growth. Though chickpeas act as a great source of gluten-free protein for the vegans, eating chickpeas in excess may disturb the digestion pattern or give a stomach-ache.
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Key highlights of the report:
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Profiles of Key Players
Some of the major players and suppliers analyzed in the report include:
1. AGT Foods and Ingredients
2. Gourmet Foods of Australia Pvt
3. Mt Tyson Seeds Pty Ltd
4. Agrifoods Australia
5. Selected Pulse Foods Pty Ltd
6. Saskcan Pulse Trading Incorporation
7. Prairie Pulse Incorporation
8. EQUI Trade Foodstuff TRD
9. Qualit Agro Processors
10. Pulses Splitting and Processing Industrial Pvt
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