Market Size of Chickpea Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 9.44 Billion |
Market Size (2029) | USD 11.02 Billion |
CAGR (2024 - 2029) | 3.15 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia-Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
Chickpea Market Analysis
The Chickpea Market size is estimated at USD 9.44 billion in 2024, and is expected to reach USD 11.02 billion by 2029, growing at a CAGR of 3.15% during the forecast period (2024-2029).
- Chickpea (Cicer arietinum) is one of the major pulses cultivated and consumed worldwide. It is one of the oldest and most important sources of protein. After dry beans and peas, chickpea is the third most important pulse crop grown in the world. Chickpea accounts for 20% of global pulse production.
- According to the FAO, in 2021, India, Pakistan, Australia, Turkey, and Myanmar had the highest area harvested land for chickpeas, accounting for 10,943.6 thousand ha, 882.7 thousand ha, 606.3 thousand ha, 481.6 thousand ha, and 439.8 thousand ha, respectively.
- Increasing consumption of chickpeas as snacks in developed countries is expected to boost the market during the forecast period. The Asia-Pacific region is projected to register the highest growth rate during the forecast period as India is the largest producer and consumer of chickpeas, accounting for approximately 8 million metric ton of production annually, which is 70% of global chickpea production.
- The import of chickpeas has increased significantly, along with production. Suppliers have profited from increased demand through production and price development. Chickpeas are becoming more regular and convenient in ready-to-eat meals, salads, and snacks. The growing popularity of these products provides opportunities for more imports and product differentiation, driving the overall chickpea market.
Chickpea Industry Segmentation
Chickpea is a hard, pale brown, round seed that can be cooked and eaten. They are very versatile, healthy, and easy to cook. Chickpeas are mostly consumed in Asia and the Middle East, and they are a valuable source of foreign exchange and an important crop.
The chickpea market is segmented by geography into North America, Europe, Asia-Pacific, South America, and Africa. The report includes production (volume), consumption (volume and value), import (volume and value), export (volume and value), and price trend analysis. The report offers market size and forecasts in terms of value (USD million) and volume (metric ton) for all the above segments.
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Chickpea Market Size Summary
The chickpea market is poised for steady growth, driven by its status as a major pulse crop and a significant source of protein globally. As the third most important pulse crop after dry beans and peas, chickpeas account for a substantial portion of global pulse production. The market is experiencing increased demand due to the rising consumption of chickpeas as snacks, particularly in developed countries. The Asia-Pacific region, with India as a key player, is expected to witness the highest growth rate. India's dominance in production and consumption, coupled with its expanding cultivation area, underscores the region's pivotal role in the market's expansion. The growing popularity of chickpeas in ready-to-eat meals and their nutritional benefits are further propelling market growth.
The chickpea market is also benefiting from the increasing awareness of health and nutrition, as chickpeas are rich in protein, fiber, and essential nutrients. This trend is encouraging innovation in chickpea-based products, such as snacks and functional foods, which are gaining traction worldwide. The market's growth is supported by the rising urban population, changing consumer preferences, and higher household incomes in the Asia-Pacific region. Additionally, the export of chickpeas from India to major importers like the United Arab Emirates and the United States highlights the global demand for this versatile pulse. As companies continue to introduce innovative chickpea products, the market is expected to expand further, driven by both production and consumption dynamics.
Chickpea Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 North America
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2.1.1.1 United States
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2.1.1.1.1 Production Analysis
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2.1.1.1.2 Consumption Analysis and Market Value
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2.1.1.1.3 Import Market Analysis (Volume and Value)
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2.1.1.1.4 Export Market Analysis (Volume and Value)
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2.1.1.1.5 Price Trend Analysis
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2.1.1.2 Canada
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2.1.1.2.1 Production Analysis
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2.1.1.2.2 Consumption Analysis and Market Value
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2.1.1.2.3 Import Market Analysis (Volume and Value)
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2.1.1.2.4 Export Market Analysis (Volume and Value)
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2.1.1.2.5 Price Trend Analysis
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2.1.2 Europe
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2.1.2.1 Germany
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2.1.2.1.1 Production Analysis
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2.1.2.1.2 Consumption Analysis and Market Value
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2.1.2.1.3 Import Market Analysis (Volume and Value)
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2.1.2.1.4 Export Market Analysis (Volume and Value)
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2.1.2.1.5 Price Trend Analysis
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2.1.2.2 United Kingdom
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2.1.2.2.1 Production Analysis
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2.1.2.2.2 Consumption Analysis and Market Value
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2.1.2.2.3 Import Market Analysis (Volume and Value)
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2.1.2.2.4 Export Market Analysis (Volume and Value)
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2.1.2.2.5 Price Trend Analysis
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2.1.2.3 France
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2.1.2.3.1 Production Analysis
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2.1.2.3.2 Consumption Analysis and Market Value
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2.1.2.3.3 Import Market Analysis (Volume and Value)
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2.1.2.3.4 Export Market Analysis (Volume and Value)
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2.1.2.3.5 Price Trend Analysis
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2.1.3 Asia-Pacific
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2.1.3.1 India
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2.1.3.1.1 Production Analysis
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2.1.3.1.2 Consumption Analysis and Market Value
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2.1.3.1.3 Import Market Analysis (Volume and Value)
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2.1.3.1.4 Export Market Analysis (Volume and Value)
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2.1.3.1.5 Price Trend Analysis
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2.1.3.2 China
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2.1.3.2.1 Production Analysis
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2.1.3.2.2 Consumption Analysis and Market Value
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2.1.3.2.3 Import Market Analysis (Volume and Value)
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2.1.3.2.4 Export Market Analysis (Volume and Value)
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2.1.3.2.5 Price Trend Analysis
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2.1.3.3 Australia
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2.1.3.3.1 Production Analysis
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2.1.3.3.2 Consumption Analysis and Market Value
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2.1.3.3.3 Import Market Analysis (Volume and Value)
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2.1.3.3.4 Export Market Analysis (Volume and Value)
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2.1.3.3.5 Price Trend Analysis
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2.1.4 South America
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2.1.4.1 Brazil
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2.1.4.1.1 Production Analysis
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2.1.4.1.2 Consumption Analysis and Market Value
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2.1.4.1.3 Import Market Analysis (Volume and Value)
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2.1.4.1.4 Export Market Analysis (Volume and Value)
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2.1.4.1.5 Price Trend Analysis
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2.1.4.2 Argentina
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2.1.4.2.1 Production Analysis
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2.1.4.2.2 Consumption Analysis and Market Value
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2.1.4.2.3 Import Market Analysis (Volume and Value)
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2.1.4.2.4 Export Market Analysis (Volume and Value)
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2.1.4.2.5 Price Trend Analysis
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2.1.5 Africa
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2.1.5.1 South Africa
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2.1.5.1.1 Production Analysis
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2.1.5.1.2 Consumption Analysis and Market Value
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2.1.5.1.3 Import Market Analysis (Volume and Value)
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2.1.5.1.4 Export Market Analysis (Volume and Value)
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2.1.5.1.5 Price Trend Analysis
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2.1.5.2 Egypt
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2.1.5.2.1 Production Analysis
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2.1.5.2.2 Consumption Analysis and Market Value
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2.1.5.2.3 Import Market Analysis (Volume and Value)
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2.1.5.2.4 Export Market Analysis (Volume and Value)
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2.1.5.2.5 Price Trend Analysis
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Chickpea Market Size FAQs
How big is the Chickpea Market?
The Chickpea Market size is expected to reach USD 9.44 billion in 2024 and grow at a CAGR of 3.15% to reach USD 11.02 billion by 2029.
What is the current Chickpea Market size?
In 2024, the Chickpea Market size is expected to reach USD 9.44 billion.