Chickpea Market will register a CAGR of 4% during 2020-2024. The market’s growth momentum will Accelerate.
Increasing consumption of chickpeas as a snacking item will be one of the major factors driving the growth of this market. Additionally, key Chickpea Market trends such as the Health-promoting benefits of chickpea will also influence market growth during the forecast period.
Chickpea Market Size
During the forecast period, the Chickpea Market size will grow by $ 4.68 bn.
Chickpea Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Chickpea Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Uncertainty in rainfall affecting the crop production | Declining crop yields due to overgrowth of weeds | Increase in trade tariffs on chickpeas will also challenge the growth of the companies.
Agrocrops India Ltd. | AGT Food and Ingredients Inc. | Arbel Group | ATC Group India | Bean Growers Australia Ltd. | BroadGrain Commodities Inc. | JOVA Graneros SA de CV | Mast Qalander Group of Companies | Olam International Ltd. | Woods Holding Group Pty Ltd..list
are some of the companies covered in Technavio’s Chickpea Market report for 2020-2024.
Chickpea Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Chickpea Market.
The APAC will account for the largest Chickpea Market share and during 2020-2024, the region will contribute to 88% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Chickpea Market report also analyzes the market by Desi chickpea | Kabuli chickpea | APAC | North America | Europe | MEA | South America.
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