Chickpeas Market Overview: Trends, Drivers, and Future Outlook

The global chickpeas market has experienced significant growth in recent years, driven by increasing consumer awareness of plant-based nutrition, the rise of vegan and vegetarian diets, and innovations in chickpea-based products. This article provides an overview of the current state of the chickpeas market, highlighting key trends, regional dynamics, and future projections.

Market Size and Growth Projections

As of 2024, the global chickpeas market was valued at approximately USD 15.79 billion and is projected to reach USD 16.83 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.6% . Over the next few years, the market is expected to continue its upward trajectory, with forecasts estimating a market size of USD 22.95 billion by 2029, growing at a CAGR of 8.1% .

Key Drivers of Market Growth

Several factors contribute to the robust growth of the chickpeas market:

1. Rising Demand for Plant-Based Proteins: With an increasing number of consumers adopting plant-based diets, chickpeas have become a popular source of protein, fiber, and essential nutrients. This shift is particularly evident in regions like North America and Europe, where health consciousness is on the rise .

2. Innovations in Chickpea-Based Products: The development of chickpea-based snacks, flours, and dairy alternatives has expanded the versatility of chickpeas in the food industry. For instance, the chickpea snacks market is projected to grow from USD 1.87 billion in 2023 to USD 4.26 billion by 2033, at a CAGR of 8.57% .

3. Health and Wellness Trends: Consumers are increasingly seeking foods that align with health and wellness trends. Chickpeas, being rich in nutrients and low in fat, fit well into this demand, further propelling their popularity.

Regional Dynamics

• Asia-Pacific: The Asia-Pacific region holds the largest share of the chickpeas market, driven by countries like India, which is both a major producer and consumer of chickpeas. The region's growing population and dietary preferences contribute to the sustained demand for chickpeas .

• North America: In North America, the market is expanding due to the rising adoption of plant-based diets and the increasing availability of chickpea-based products in retail outlets. However, the market faces challenges such as price fluctuations and competition from other plant-based protein sources.

• Europe: European consumers' growing interest in healthy eating and sustainable agriculture practices have bolstered the demand for chickpeas. The region also benefits from innovations in chickpea processing and product development.

Challenges Facing the Market

Despite the positive growth trajectory, the chickpeas market encounters several challenges:

1. Climate Change and Agricultural Risks: Chickpea cultivation is susceptible to climate variations, including droughts and temperature fluctuations, which can impact yields and supply stability.

2. Supply Chain Disruptions: Geopolitical tensions and trade policies can affect the global supply chain, leading to price volatility and availability issues.

3. Competition from Other Protein Sources: The proliferation of alternative plant-based proteins, such as soy and pea protein, presents competition to chickpeas in the plant-based protein segment.

Future Outlook

Looking ahead, the chickpeas market is poised for continued growth, driven by:

• Sustainable Agricultural Practices: The adoption of sustainable farming techniques and improved crop genetics can enhance chickpea yields and resilience, ensuring a stable supply.

• Product Diversification: Ongoing innovations in chickpea-based products, including snacks, flours, and meat substitutes, will cater to diverse consumer preferences and dietary needs.

• Global Expansion: As awareness of the health benefits of chickpeas spreads, markets in regions like Latin America and Africa are expected to experience increased demand.

Conclusion

The chickpeas market is on a promising growth path, fueled by shifting dietary patterns, health trends, and product innovations. While challenges such as climate change and supply chain disruptions persist, the industry's adaptability and the increasing consumer preference for plant-based options position chickpeas as a staple in the global food market. Stakeholders across the supply chain, from farmers to manufacturers, must navigate these dynamics to capitalize on the opportunities within this expanding market.