Data Bridge Market Research analyses that the Global Chickpea Flour Market which was USD 1.16 Million in 2021 is expected to reach USD 1.78 Billion by 2029 and is expected to undergo a CAGR of 5.53% during the forecast period of 2021 to 2029
Chickpea Flour Market research report provides a comprehensive analysis of the market. The report aims to provide insights into Chickpea Flour Market trends, growth opportunities, key drivers and challenges, competitive landscape, and other crucial factors that may impact the market in the forecast period (2024-2031).
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Which are the top companies operating in the Chickpea Flour Market?
The study report on the Global Chickpea Flour Market offers a comprehensive analysis of the industry, highlighting key trends, market dynamics, and competitive landscape. It profiles prominent organizations operating in the market, examining their successful strategies and market share contributions. This Chickpea Flour Market report provides the information of the Top 10 Companies in Chickpea Flour Market in the market their business strategy, financial situation etc.
**Segments**
- **By Type:** The chickpea flour market can be segmented by type into conventional and organic. With the rising awareness about the benefits of organic products and the increasing demand for chemical-free food items, the organic segment is expected to witness significant growth in the coming years.
- **By Application:** Based on application, the market can be categorized into food & beverages, nutraceuticals, personal care & cosmetics, and others. Chickpea flour is widely used in various food products such as snacks, bakery items, and as a thickening agent in soups and sauces. The nutraceuticals segment is also gaining traction due to the nutritional properties of chickpea flour.
- **By Distribution Channel:** The distribution channels for chickpea flour include supermarkets/hypermarkets, specialty stores, online retail, and others. Supermarkets/hypermarkets are the major distribution channels due to the convenience they offer to consumers. However, the online retail segment is experiencing rapid growth with the increasing trend of e-commerce.
**Market Players**
- **Bob's Red Mill Natural Foods**
- **The Scoular Company**
- **Besan Burfi**
- **Hayden Flour Mills**
- **Bean Growers Australia**
These key market players are actively involved in the chickpea flour market, focusing on strategies such as product innovation, mergers and acquisitions, and partnerships to strengthen their market position and expand their consumer base. The market is fragmented with the presence of both established players and small to medium-sized companies competing for market share.
The global chickpea flour market is poised for substantial growth, driven by factors such as increasing consumer preference for gluten-free and plant-based products, rising awareness regarding the health benefits of chickpea flour, and the growing application of chickpea flour in various industries. The market is also benefiting from the expanding vegan population and the surge in demand for natural and organic ingredients in food and beverage products.
As consumers become more health-conscious andThe chickpea flour market is expected to witness significant growth in the coming years, driven by various factors that are shaping the industry landscape. One of the key segments in which the market can be categorized is by type, specifically conventional and organic chickpea flour. The organic segment is poised for growth due to the increasing awareness among consumers about the benefits of organic products and the preference for chemical-free food items. This trend is in line with the overall shift towards healthier and more sustainable products in the food industry. As consumers become more conscious of their health and the environment, the demand for organic chickpea flour is likely to continue to rise.
Another important segment of the chickpea flour market is based on application. Chickpea flour finds extensive usage across a variety of industries such as food & beverages, nutraceuticals, personal care & cosmetics, and others. In the food & beverages sector, chickpea flour is a versatile ingredient used in snacks, bakery items, and as a thickening agent in soups and sauces. The nutraceuticals segment is also gaining traction as chickpea flour is recognized for its nutritional properties such as being rich in protein, fiber, and other essential nutrients. This has led to the inclusion of chickpea flour in various health supplements and functional food products, further driving the market growth.
The distribution channels play a crucial role in reaching consumers and ensuring the availability of chickpea flour in the market. Supermarkets/hypermarkets are the dominant distribution channels for chickpea flour. They offer convenience to consumers by providing a wide range of products under one roof. However, with the increasing penetration of e-commerce and the shift towards online shopping, the online retail segment is experiencing rapid growth. Consumers are increasingly turning to online platforms to purchase chickpea flour and other food products due to the convenience, wide product assortment, and sometimes better pricing offered by online retailers.
In terms of market players, key companies such as Bob's Red Mill Natural**Market Players**
- Blue Lake Milling (Australia)
- Grain Millers, Inc. (U.S.)
- Morning Foods Ltd (U.K.)
- General Mills, Inc. (U.S.)
- Avena Foods Limited (copyright)
- RICHARDSON INTERNATIONAL LIMITED (copyright)
- 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)
The chickpea flour market is experiencing significant growth driven by various factors such as the increasing consumer preference for gluten-free and plant-based products. Consumers are becoming more health-conscious and are seeking out alternatives to traditional wheat flour, with chickpea flour emerging as a popular choice due to its nutritional benefits. The market segmentation based on type, specifically conventional and organic chickpea flour, reflects the shifting consumer preferences towards chemical-free and organic food items. The organic segment is expected to witness substantial growth as consumers become more aware of the health benefits associated with organic products.
In terms of application, chickpea flour is extensively used in the food & beverages industry for products like snacks, bakery items, and as a thickening agent in various
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Regional Analysis For Chickpea Flour Market
North America (the United States, copyright, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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This report provides Global Chickpea Flour Market :
- An in-depth overview of the global market for
- Chickpea Flour Market Assessment of the global industry trends, historical data from 2015, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
- Discoveries of new market prospects and targeted marketing methodologies for Global Chickpea Flour Market
- Discussion of R&D, and the demand for new products launches and applications.
- Wide-ranging company profiles of leading participants in the industry.
- The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
- The growth in patient epidemiology and market revenue for the market globally and across the key players and Chickpea Flour Market segments.
- Study the market in terms of generic and premium product revenue.
- Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.
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