Chickpea Flour Market Size, Industry Share Forecast

Comments · 45 Views

Data Bridge Market Research analyses that the chickpea flour market was valued at USD 1.16 billion in 2021 and is expected to reach the value of USD 1.78 billion by 2029, at a CAGR of 5.53% during the forecast period. 

"While crafting Chickpea Flour Market research report, marketing administration is extremely aware about certain things that include the minds of target markets, feelings, preferences, attitudes, convictions and value systems. A formalised and managerial approach has been taken up to do the same to understand all the above mentioned aspects. This market report also provides the complete overview of the market, covering various aspects such as product definition, market segmentation, and the prevailing vendor landscape. In addition, the comprehensive Chickpea Flour Market report makes out and analyses the emerging trends along with major driving factors, challenges and opportunities in the market for Chickpea Flour Market industry.

Chickpea Flour Market is anticipated to observe growth during the forecast period due to growing demand at the end user level. This business report not only works to compete but also to outshine the competition. It divides the global market size value and market volume by manufacturers, type, application, and region. The market report provides information about all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands while giving a synopsis of market definition, classifications, and market trends. The Chickpea Flour Market business report has a lot to offer which will lend a hand in making a decision regarding the market.

Data Bridge Market Research analyses that the chickpea flour market was valued at USD 1.16 billion in 2021 and is expected to reach the value of USD 1.78 billion by 2029, at a CAGR of 5.53% during the forecast period. 

Explore Further Details about This Research Chickpea Flour Market Report https://www.databridgemarketresearch.com/reports/global-chickpea-flour-market

Chickpea Flour Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Desi, Kabuli), Application (Bakery and Confectionery, Extruded products, Beverages, Animal Feed, Dairy Products, Other Applications), Distribution Channel (Food Chain Services, Modern Trade, Convenience Store, Departmental Store, Online Store, Other Distribution Channel)

Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Blue Lake Milling (Australia), Grain Millers, Inc. (U.S.), Morning Foods Ltd (U.K.), General Mills, Inc. (U.S.), Avena Foods Limited (Canada), RICHARDSON INTERNATIONAL LIMITED (Canada), CEREALTO SIRO FOODS (Spain), Premier Nutrition Company, LLC (Germany), Nestlé SA (Switzerland), Molino Spadoni spa (Italy), WEETABIX (U.K.), Valsemøllen (Denmark), Grillon D'Or (France), Clif Bar & Company (U.S.), Associated British Foods plc (U.K.), DANONE SA (Switzerland)

Opportunities

  • Rising R&D activities and increased modernization in new products.
  • Advertising campaigns, including celebrity endorsements, to boost overall sales
  • The emergence of prominent raw material sources provides a significant opportunity

Market Definition

Chickpea flour is made from grinding whole dried chickpeas grown in tropical and subtropical regions. Chickpeas are classified as pulses and are popular for being cholesterol-free as well as a good source of protein and fibre. The flour is a good source of vitamins and minerals, especially manganese and folate.

Global Chickpea Flour Market Dynamics

Drivers

  • Adoption of healthy foods due to rising chronic diseases

Chickpea flour is becoming more popular as an active ingredient in bakery and confectionary as a wheat flour substitute, dietary supplement, dairy manufacturers for creamy textures in ice creams, changes in consumer lifestyle, and rapid urbanisation have all contributed to an increase in demand. Changes in consumer dietary habits, as well as a shift toward healthier foods to prevent cardiovascular disease and control blood sugar levels, are driving the global chickpea flour market.

  • Growing need for organic substitutes in the food and beverage industry

Chickpea flour has been shown to be an excellent dairy substitute, particularly in the preparation of ice cream. This is because chickpea flour has a creamy texture when heated and is high in carbohydrates, fats, and protein. These are the vitamins and minerals found in milk and milk products. As the demand for such products grows, so does the supply of organic chickpea flour. Chickpea flour is also used to give dairy products a creamier texture.

Opportunities

  • Product Innovations

Food and beverage manufacturers are taking into account the health benefits of organic chickpea flour and incorporating significant constituents to make products more delectable and nutritious. The use of organic chickpea flour in cosmetics is expected to increase demand for similar products. Aside from that, the use of chickpea flour for disease prevention and health maintenance is expected to drive positive value growth during the forecast period. Traditionally, wheat flour is used in baked goods; however, chickpea flour, like wheat flour, has a new healthy and delicious baking use; as a result, chickpea flour demand is expected to rise.

 Core Objective of Chickpea Flour Market:

Every firm in the Chickpea Flour Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

Size of the Chickpea Flour Market and growth rate factors.

  • Important changes in the future Chickpea Flour Market
  • Top worldwide competitors of the Chickpea Flour Market.
  • Scope and product outlook of Chickpea Flour Market.
  • Developing regions with potential growth in the future.
  • Tough Challenges and risk faced in Chickpea Flour Market.
  • Global Chickpea Flour Market top manufacturers profile and sales statistics.

Why choose Data Bridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provides clients with the top notch Chickpea Flour Market research report.
  • Interaction with research scientists and development heads to understand the nature of the Chickpea Flour Market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Chickpea Flour Market size

Browse Related Reports:

 Plastic Jar Packaging Market  Size, Share, Growth And Forecast

 Poly Coated Kraft Paper Market  Size, Share, Trends, scope, Opportunities

 Static Shielding Moisture Barrier Bags Market  Demand, Size ,Share, Industry

 Water Based Packaging Adhesives Market  Size, Analysis and Forecast

 Assembly Trays Market  Size, Share, Trends & Forecast

 Dispensing Pharmacy Packaging Machine Market  Size And Share Analysis Report,

 Anti Corrosive Packaging Market  by Size, Share, Forecast, & Trends

 Compostable Foodservice Packaging Market  Size Report- Industry Growth Analysis

 Ethylene-Vinyl Alcohol Copolymer (EVOH) Packaging Films Market  Size, Industry Share Forecast

 Bottle Filling Machines Market  Size, Share, Growth | Opportunities,

About Data Bridge Market Research:

 US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – [email protected]

"

Comments