Press release
Chickpea Flour Market Size 2024 to 2031.
Market Overview and Report CoverageChickpea flour, also known as gram flour or besan, is a gluten-free flour made from ground chickpeas. It is commonly used in a variety of cuisines around the world, particularly in Indian and Middle Eastern dishes. Chickpea flour is gaining popularity due to its health benefits, including being high in protein, fiber, and other essential nutrients.
The future outlook of the chickpea flour market looks promising, with a projected growth rate of 12.30% during the forecasted period. This growth is driven by increasing consumer awareness of the health benefits of chickpea flour, as well as the growing demand for gluten-free and plant-based food products. Additionally, the rise in vegan and vegetarian diets is expected to further boost the demand for chickpea flour as a versatile ingredient in plant-based cooking.
In terms of current outlook, the chickpea flour market is experiencing steady growth, with a surge in demand from both the food industry and individual consumers. The market is seeing new product developments and innovative uses of chickpea flour in various food products, such as baked goods, snacks, and non-dairy alternatives. Overall, the chickpea flour market is poised for exponential growth in the coming years, making it a lucrative area for investment and business opportunities.
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Market Segmentation
The Chickpea Flour Market Analysis by types is segmented into:
• Desi
• Kabuli
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Chickpea flour, also known as gram flour, is commonly classified into two main types: Desi and Kabuli. Desi chickpea flour is made from small, dark-colored chickpeas and is known for its nutty flavor and higher fiber content. Kabuli chickpea flour, on the other hand, is derived from larger, lighter-colored chickpeas and is favored for its mild taste and smoother texture. Both varieties are popular in different regions and cuisines, offering versatile uses in traditional dishes and modern recipes.
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The Chickpea Flour Market Industry Research by Application is segmented into:
• Bakery and Confectionery
• Extruded Proudcts
• Beverage
• Animal Feed
• Dairy Products
• Others
Chickpea flour is widely used in the bakery and confectionery industry for making gluten-free goods. It is also utilized in extruded products like snacks and pasta due to its high protein content. In the beverage sector, chickpea flour is used in plant-based milk alternatives. In the animal feed industry, it is added to feed for its nutritional benefits. Chickpea flour is also used in dairy products like yogurt and cheese as a thickening agent. Additionally, it finds applications in various other food products and recipes.
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In terms of Region, the Chickpea Flour Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global Chickpea Flour market?
Some emerging trends in the global chickpea flour market include the increasing demand for plant-based protein sources due to rising awareness of health benefits, growing popularity of gluten-free and vegan diets, and the increasing use of chickpea flour in various food products like baked goods, snacks, and sauces. Additionally, the rising adoption of ethnic cuisines and flavors, as well as the increasing focus on sustainable and environmentally-friendly food products, are driving the growth of the chickpea flour market. Companies are also focusing on product innovation and expanding their product offerings to cater to changing consumer preferences.
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Major Market Players
Ingredion is a leading player in the chickpea flour market, with a history dating back to the early 20th century. The company has seen significant growth in recent years, expanding its product offerings to meet the increasing demand for plant-based ingredients. Ingredion's market size has grown substantially, as more consumers are turning towards chickpea flour for its nutritional benefits and versatility in cooking.
ADM, another major player in the chickpea flour market, has a long history of producing and distributing a wide range of agricultural products. With a global presence and strong market reputation, ADM has been able to capitalize on the growing trend towards plant-based foods and ingredients. The company's sales revenue has seen steady growth in recent years, reflecting the increasing demand for chickpea flour in various food applications.
SunOpta, a well-known name in the natural and organic food industry, has also made a mark in the chickpea flour market. With a focus on sustainable sourcing and high-quality products, SunOpta has built a strong brand presence in the market. The company's sales revenue has shown consistent growth, driven by the rising popularity of chickpea flour as a healthy and nutritious alternative to traditional flours.
Overall, these key players in the chickpea flour market have been able to leverage their industry expertise, product innovation, and market positioning to drive growth and capture market share in the evolving food industry landscape. With increasing consumer awareness about the health and environmental benefits of plant-based ingredients, the chickpea flour market is expected to continue its upward trajectory in the coming years.
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