Global Chickpea Protein Market, By Type (Concentrates, Isolates, Flour, Others), By End Use (Animal Feed, Food Processing, Sports Nutrition, Others), By Processing Type (Dry, Wet), By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 – 2027.
Global Chickpea Protein Market
The Global Chickpea Protein Market was valued at USD 94.6 Mn in 2021 which is expected to reach USD 133.84 Mn by 2027, at a CAGR of 5.75% from 2022-2027.
Chickpea protein is extracted from Chickpeas using advanced extraction methods. Chickpeas are a well-known source of protein and contain up to 25% protein along with several other minerals and amino acids. Chickpea protein can even replace eggs when preparing bakery items. These are usually gluten-free unless processed in a facility that also processes gluten products, and are not known to cause allergies, thus making them a suitable protein source for a wide range of consumers.
Market Drivers
The primary driver for the growth of the chickpea protein market can be attributed to the health benefits of chickpeas. Chickpea protein is likely to replace traditional sources of protein, such as eggs and meat, as an increasing number of people are looking to substitute meat-based diets with plant-based ones. The rising vegan population will find chickpea protein a reliable source for their daily protein intake.
The increasing awareness of health and the upward trend of people following fitness regimes is also a driver for the growth of chickpea protein. Most people who do regular workouts tend to supplement their diet with ample protein for preventing muscle loss. Chickpea protein can be a reliable source, driving its demand.
Additionally, the rise of e-commerce stores has made the purchase of various products easy for consumers. The emergence of chickpea protein products will enable a vast number of consumers to purchase them, leading to market expansion.
Market Restraints
The growth of the chickpea protein market could be restrained by factors such as supply chain disruptions, non-availability or shortage of raw materials, and fluctuations in the market. Health issues with regular use of chickpeas, such as those related to digestion, can hinder people with pre-existing health conditions to consume. This can also lead to challenges in market growth.
Market Segmentation
The global chickpea protein market is segmented into types, such as concentrates, isolates, flour, and others, as well as into end use, such as animal feed, food processing, sports nutrition, and others. Further, the market is segmented by processing type of dry and wet processing.
Regional Analysis
The Asia Pacific region is expected to register fast growth in the chickpea protein market. This can be due to the rising health awareness among the population. Asia Pacific also has a significant vegetarian population, making it a lucrative market for expansion.
The North American market is also expected to hold a significant market share, due to the presence of several corporate players and advanced cultivation technologies that can assist in launching a wide variety of chickpea protein products in the market. The shifting preference of the population from fast foods to whole grain, plant-based diets will also enable the expansion in this region.
Key Players
Danone S.A, Roquette Frères, General Mills, Premier Nutrition Company, Kerry Group Plc, AGT Food and Ingredients, Cerealto Siro Foods, Archer Daniels Midland Company, Avena Foods Limited, Morning Foods Ltd.
Market Taxonomy
By Type
• Concentrates
• Isolates
• Flour
• Others
By End Use
• Animal Feed
• Food Processing
• Sports Nutrition
• Others
By Processing Type
• Dry
• Wet
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Chickpea Protein Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Chickpea Protein Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Chickpea Protein Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Chickpea Protein Market Share Analysis, By Type
5.3 Global Chickpea Protein Market Size and Forecast, By Type
5.3.1 Concentrates
5.3.2 Isolates
5.3.3 Flour
5.3.4 Others
6 Global Chickpea Protein Market, By End Use
6.1 Y-o-Y Growth Comparison, By End Use
6.2 Global Chickpea Protein Market Share Analysis, By End Use
6.3 Global Chickpea Protein Market Size and Forecast, By End Use
6.3.1 Animal Feed
6.3.2 Food Processing
6.3.3 Sports Nutrition
6.3.4 Others
7 Global Chickpea Protein Market, By Processing Type
7.1 Y-o-Y Growth Comparison, By Processing Type
7.2 Global Chickpea Protein Market Share Analysis, By Processing Type
7.3 Global Chickpea Protein Market Size and Forecast, By Processing Type
7.3.1 Dry
7.3.2 Wet
8 Global Chickpea Protein Market, By Region
8.1 Global Chickpea Protein Market Share Analysis, By Region
8.2 Global Chickpea Protein Market Size and Forecast, By Region
9 North America Chickpea Protein Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Chickpea Protein Market Share Analysis, By Type
9.3 North America Chickpea Protein Market Size and Forecast, By End Use
9.4 North America Chickpea Protein Market Size and Forecast, By Processing Type
9.5 North America Chickpea Protein Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Chickpea Protein Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Chickpea Protein Market Share Analysis, By Type
10.3 Europe Chickpea Protein Market Size and Forecast, By End Use
10.4 Europe Chickpea Protein Market Size and Forecast, By Processing Type
10.5 Europe Chickpea Protein Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Chickpea Protein Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Chickpea Protein Market Share Analysis, By Type
11.3 Asia Pacific Chickpea Protein Market Size and Forecast, By End Use
11.4 Asia Pacific Chickpea Protein Market Size and Forecast, By Processing Type
11.5 Asia Pacific Chickpea Protein Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia
12 Latin America Chickpea Protein Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Chickpea Protein Market Share Analysis, By Type
12.3 Latin America Chickpea Protein Market Size and Forecast, By End Use
12.4 Latin America Chickpea Protein Market Size and Forecast, By Processing Type
12.5 Latin America Chickpea Protein Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Chickpea Protein Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Chickpea Protein Market Share Analysis, By Type
13.3 Middle East Chickpea Protein Market Size and Forecast, By End Use
13.4 Middle East Chickpea Protein Market Size and Forecast, By Processing Type
13.5 Middle East Chickpea Protein Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Danone S.A
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Roquette Frères
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 General Mills
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Premier Nutrition Company
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Kerry Group Plc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 AGT Food and Ingredients
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Cerealto Siro Foods
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Archer Daniels Midland Company
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Avena Foods Limited
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Morning Foods Ltd
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
