Chickpea Market Trends

Global Chickpea Market size was valued at USD 14.9 billion in 2023 and is poised to grow from USD 15.96 billion in 2024 to USD 27.62 billion by 2032, growing at a CAGR of 7.1% during the forecast period (2025-2032).

The global chickpea market is experiencing dynamic shifts, driven by evolving consumer preferences and strategic industry responses. Companies are increasingly focusing on value-added chickpea products to cater to the growing demand for plant-based and gluten-free options. For instance, Banza LLC, a U.S.-based company, has introduced chickpea-based pasta, offering a gluten-free alternative with higher protein content compared to traditional pasta. Similarly, ChickP Protein Ltd. has developed a chickpea protein isolate tailored for plant-based ice cream, aiming to provide a creamy texture that appeals to flexitarian consumers. Geopolitical factors are also influencing market dynamics. Australia's record chickpea production in 2024-25, with an estimated 1.9 million tonnes, has led to increased exports, particularly to India, affecting global supply and pricing. Conversely, Russia's growing chickpea production, coupled with government incentives, has positioned it as a significant exporter, impacting markets in Pakistan and the Middle East. 'AGT Food and Ingredients Inc.', 'Arbel S.A.', 'Bean Growers Australia', 'Wimmera Grain Company', 'OLEGA S.A.', 'Indraprasth Foods Ltd.', 'ATC Group India', 'Cono Group', 'Abbott Blackstone', 'Adascan Grain', 'Roland Foods', 'Archer Daniels Midland (ADM) Company', 'Ardent Mills', 'Arbel Group', 'SunImpex', 'The Scoular Company', 'ETG Commodities', 'Farmer Direct Organic Foods', 'Indus Valley Impex', 'Aaha Impex Pvt. Ltd'

Chickpeas are a rich source of essential nutrients like protein, fiber, vitamins, and minerals, contributing to heart health, weight management, and digestive health. As consumers become more health-conscious and aware of the importance of a balanced diet, the demand for chickpeas increases. This growing health awareness is boosting the adoption of chickpeas not only in traditional cuisines but also in snacks, soups, salads, and smoothies. Nutritional claims, such as their role in lowering cholesterol and managing blood sugar, are gaining traction, which further propels the market's growth.

Short-Term: In the short term, the chickpea market is experiencing a surge in demand driven by rising consumer interest in plant-based diets and protein-rich food alternatives. With chickpeas gaining traction as a key ingredient in snacks, hummus, and ready-to-eat meals, manufacturers are increasing product innovation and retail distribution. Additionally, favorable harvests in key producing countries such as India and Australia are stabilizing supply and prices.

Why is Asia Pacific Dominates Chickpea in 2024?