Generally, chickpea protein ingredients are flavorings in the form of quarantines, thickeners, and flour. These are used in food and creature or animal food to improve the protein content of the product. Market growth can be recognized to the growing adoption of veganism and rising demand for plant-based ingredients. However, region-specific cultivation of chickpea is creating a wide demand and supply gap, thus restricting the growth of the market, leading to a rise in prices and high reliance on the imports of chickpea. The Global Chickpea Protein Ingredients Market has witnessed continued growth over the last few years and is projected to reach USD 737.8 Million by 2025 at a CAGR of 11.2%. The market is expected to offer lucrative chances to the vendors in the form of a shift in consumer liking toward organic ingredients and increasing incidences of lactose prejudice.
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Major Key Players
The projected onlookers in the Global chickpea protein ingredients market are companies like Cambridge Commodities Limited (UK), Archer Daniels Midland Company (US), Nutriati, Inc. (US), Batory Foods (US), ChickP (Israel), InnovoPro Ltd (Israel), Ingredion Incorporated (US), Chickplease (US), Nutraonly (Xi’an) Nutritions Inc. (China) and AGT Food and Ingredients Inc. (Canada).
The market overview along with the product definition are given by the reports on the Chickpea Protein Ingredientsmarket provides valuable information regarding the market profile. The information regarding the key manufacturing technology and other important market factors have been used to study the growth of the Chickpea Protein Ingredientsmarket. To help in the study, the data has been classified based on the different market segments. The key sectors in this market based on the market share and growth rates have been identified for the period 2019-2025. The market data collected has been used for the forecast. The business data regarding the production, revenue, and sales of the key players during the past years has also been provided.
Drivers & Constraints
The Chickpea Protein Ingredientsmarket has been extensively studied regarding the key factors influencing the market. The major market drivers that will augment the market growth in the coming years have been studied. The industry-specific risks and challenges that may be detrimental in varying capacities have also been listed out to give an all-round study of the market. The other socio-economic factors that affect the market such as disposable income and living standards have also been covered. The other market opportunities in terms of the key growth sectors and market investment opportunities have been presented in this report.
The market segmentation also covers key regions in the global Chickpea Protein Ingredientsmarket based on the geographic segments. The current scenario and market development status for these regional markets have been provided in the report. The regional analysis covers the competitive strategies and other developments. The market competitive landscape has been analyzed with the profiles on the key players operational in each of the regions. This section also covers the product launches in various regional markets, mergers and acquisitions that may impact the global Chickpea Protein Ingredientsmarket. The future prospects and forecast in terms of market size has also been provided.
Method of Research
The report on the Chickpea Protein Ingredientsmarket provides a qualitative and quantitative assessment of the overall market. Porter’s Five Forces model has been used by a team of analysts to provide the study with a comprehensive analysis of the various market factors. The parameters used for the analysis have been derived using the inputs from industry experts and participants. The report also presents a study on the industry value chain at a global level. The report also provides an in-depth analysis of Chickpea Protein Ingredientsmarket trends.
The macro-economic indicators and other governing factors along with market opportunities based on the segmentation have been provided. Both primary and secondary research methods based on the collected data has been done. A SWOT analysis covering the key players in terms of their strengths, opportunities, weaknesses, and threats has been used in the industry analysis. Looking at the market from a futuristic perspective, the Chickpea Protein Ingredientsmarket research studies the industry trends, with an outlook of high-growth segments, and industry challenges and opportunities.
Table of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Insights
5 Market Dynamics
6 Market Factor Analysis
7 Global Chickpea Protein Ingredients Market, By Type
8 Global Chickpea Protein Ingredients Market, By Category
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