Chickpea Market Share Growing Rapidly with Recent Trends and Outlook 2032

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The Pulse Ingredients Market value for was USD 10.4 billion in 2022 and is expected to reach USD 16.7 Billion in 2032 growing at a CAGR of 7.6% during the forecast period.

The Reports and Data's Global Chickpea Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry's driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.

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The Pulse Ingredients Market value for was USD 10.4 billion in 2022 and is expected to reach USD 16.7 Billion in 2032 growing at a CAGR of 7.6% during the forecast period. The demand for healthy food products, expanding consumer preference for gluten-free and plant-based diets, and growing public knowledge of the advantages of Chickpea are the main drivers of the market revenue growth. Chickpea is a rich source of protein, fibre, Vitamins, and minerals that is made from legumes like peas, lentils, chickpeas, and beans. As a result, it is a well-liked ingredient in the food business for goods including cereals, bakery goods, and snacks.

Major Companies:

 AGT Food and Ingredients, ADM, Ingredion, Anchor Ingredients Co. LLC, AGT Foods Africa, The Scoular Company, Parakh Agro Industries Ltd, Agrawal Oil & Biocheam Pvt Ltd, Barrington Nutritionals, Best Cooking Pulses Inc.

The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Chickpea is expected to rise in the coming years.

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Type Outlook:

  • Chickpea
  • Lentil
  • Pea
  • Bean
  • Others

Application Outlook:

  • Bakery and Confectionery
  • Beverages
  • Snacks
  • Dairy Products
  • Others

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Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)

Europe (Italy, U.K., Germany, France, Rest of Europe)

Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of the Chickpea Market

– Changes in industry market dynamics

– Detailed market segmentation by type, application, etc.

– Historical, current and projected market size in terms of quantity and value

– Recent industry trends and developments

– Competition situation of Chickpea Market

– Key companies and product strategies

– Potential niche segment/region showing promising growth.

Finally, the Chickpea Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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