Press release
Chickpea Prices See Upward Trend Due to Rising Demand for Eco-Friendly, Plant-Based Protein
Chickpeas Prices
๐๐ต๐ถ๐ฐ๐ธ๐ฝ๐ฒ๐ฎ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ถ๐ป ๐จ๐ป๐ถ๐๐ฒ๐ฑ ๐ฆ๐๐ฎ๐๐ฒ๐:
In 2024, the price of chickpeas in the United States reached $0.43 per pound (USD/lb), maintaining a consistent trend throughout the year. This pricing was influenced by strong demand both domestically and internationally, particularly from the food industry, where chickpeas are a key ingredient in products like hummus and snacks. Supply-side challenges, including weather disruptions and limited harvests, also contributed to the price rise. Despite these challenges, the market remained stable, supported by the increasing popularity of plant-based diets and the essential role chickpeas play in food production.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐ง๐ผ ๐๐ป ๐๐ป๐ฎ๐น๐๐๐: https://www.imarcgroup.com/request?type=report&id=24467&flag=C
๐๐ฃ๐๐ ๐๐ต๐ถ๐ฐ๐ธ๐ฝ๐ฒ๐ฎ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐ ๐๐ฎ๐๐ ๐ค๐๐ฎ๐ฟ๐๐ฒ๐ฟ:
๐๐ต๐ถ๐ฐ๐ธ๐ฝ๐ฒ๐ฎ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ถ๐ป ๐๐ป๐ฑ๐ถ๐ฎ:
In India, the price of chickpeas reached $0.78 per pound (USD/lb) during the same quarter, marking a notable increase from previous periods. This price rise was driven by a combination of factors, including strong domestic demand, especially within the food and snack industries, alongside reduced availability due to production challenges. Adverse weather conditions and supply chain disruptions impacted the overall harvest, leading to tighter supplies and pushing prices higher. Additionally, the growing popularity of plant-based foods in India further fueled demand. Despite these challenges, the chickpea market remained resilient, helping to maintain price stability throughout the quarter.
๐๐ผ๐ ๐๐ ๐๐ฅ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ถ๐ป๐ด ๐๐ฎ๐๐ฎ๐ฏ๐ฎ๐๐ฒ ๐๐ฎ๐ป ๐๐ฒ๐น๐ฝ
The latest IMARC Group study, "๐๐ต๐ถ๐ฐ๐ธ๐ฝ๐ฒ๐ฎ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐, ๐ง๐ฟ๐ฒ๐ป๐ฑ, ๐๐ต๐ฎ๐ฟ๐, ๐๐ฒ๐บ๐ฎ๐ป๐ฑ, ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐, ๐ก๐ฒ๐๐, ๐๐ถ๐๐๐ผ๐ฟ๐ถ๐ฐ๐ฎ๐น ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐๐ฎ๐๐ฎ ๐ฎ๐ฌ๐ฎ๐ฐ ๐๐ฑ๐ถ๐๐ถ๐ผ๐ป," presents a detailed analysis of Chickpeas price trend, offering key insights into global Chickpeas market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Chickpeas demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ ๐๐ฒ๐ ๐๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/chickpeas-pricing-report/requestsample
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
๐๐ ๐๐ฅ๐ ๐๐ฟ๐ผ๐๐ฝ
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Email: sales@imarcgroup.com
๐ง๐ฒ๐น ๐ก๐ผ: (๐) +91 120 433 0800
๐จ๐ป๐ถ๐๐ฒ๐ฑ ๐ฆ๐๐ฎ๐๐ฒ๐: +1-631-791-1145
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
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