Market Overview:
The global chickpea protein market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plant-based proteins and rising awareness about the health benefits of chickpea protein. Chickpeas are a good source of fiber, vitamins, minerals, and antioxidants. They are also low in fat and calories, making them a healthy option for people looking for weight loss solutions. Additionally, chickpeas have anti-inflammatory properties that make them beneficial for people with arthritis or other joint problems.
Product Definition:
Chickpea protein is a high-quality plant-based protein that is rich in essential amino acids. It is especially high in lysine, which is an important building block of muscle tissue. Chickpea protein can be used to supplement the diet of vegetarians and vegans or anyone looking for a healthy, plant-based source of protein.
Protein Isolates:
Protein isolates are the most advanced form of protein supplements. They are used to increase the absorption rate and they have a very low content of allergen, carbohydrates and fat. The product is manufactured by separating it's component parts i.e.
Protein Concentrates:
Protein concentrates are a type of protein that has been extracted from various sources including soy, wheat, pea and chickpeas. It is basically used as an ingredient in the formulation of meat products such as sausages & burgers patties and other types of ready to eat foods. The global demand for meat proteins is increasing at a rapid rate owing to the rising population across the globe which in turn will propel market growth over the forecast period.
Application Insights:
Beverages was the dominant application segment and accounted for over 50% of total market volume in 2017. The product is used as a functional ingredient in various beverages including smoothies, juices, energy drinks, protein shakes and cocktails. Growing demand for vegan athletes¢â‚¬â„¢ drinks coupled with rising health concerns among consumers are expected to drive the segment growth during the forecast period.
Food application is expected to witness significant growth over the forecast period owing to increasing consumption of baked foods and snacks containing chickpea protein products such as hummus & baba ghanoush on account of their healthy ingredients along with low calories content. Furthermore, growing consumer awareness regarding animal welfare along with shifting consumer preference towards plant-based food due to changing dietary patterns is anticipated fuel demand for CSN products in food applications during the projected timeframe.
The other application includes pharmaceuticals, cosmetics.
Regional Analysis:
North America was the largest regional chickpea protein market in 2017 owing to growing consumer awareness regarding health and fitness along with a rise in vegan population. The region is expected to maintain its dominance over the forecast period due to increasing demand for plant-based proteins from key industries, such as food & beverage, sports nutrition, and cosmetics.
The U.S., which is one of the major consumers of chickpea protein on account of high demand from food processing industry, has witnessed an increase in consumption since 2005 when it first entered into the market followed by Canada shortly thereafter. Europe accounted for more than 20% share of global revenue in 2017 owing to rising product applications including functional foods and beverages sector along with rising consumer interest towards healthy lifestyle changes especially among millennials has boosted growth over past few years.
Growth Factors:
- Increasing demand for plant-based proteins: The global population is growing at a rapid pace and so is the demand for protein-rich foods. Chickpea protein offers a viable plant-based alternative to animal proteins, which is why its popularity is increasing among health conscious consumers.
- Growing awareness of the health benefits of chickpeas: Chickpeas are high in fiber, vitamins, minerals and antioxidants, making them an excellent source of nutrition. This has led to an increase in demand for chickpea based products from health conscious consumers worldwide.
- Rising popularity of veganism and vegetarianism: A growing number of people are choosing to adopt vegan or vegetarian lifestyles due to the many health benefits they offer. This has resulted in an increase in demand for plant-based proteins such as chickpea protein powder from these consumers segments globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chickpea Protein Market Research Report
By Type
Protein Isolates, Protein Concentrates
By Application
Beverages, Food, Other
By Companies
AGT Food and Ingredients, Batory Foods, Ingredion Inc., Cambridge Commodities Ltd, Chick.P, Nutraonly (Xi'an) Nutritions Inc., PLT Health Solutions, Chickplease, InnovoPro, Nutriati, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Chickpea Protein Market Report Segments:
The global Chickpea Protein market is segmented on the basis of:
Types
Protein Isolates, Protein Concentrates
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beverages, Food, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AGT Food and Ingredients
- Batory Foods
- Ingredion Inc.
- Cambridge Commodities Ltd
- Chick.P
- Nutraonly (Xi'an) Nutritions Inc.
- PLT Health Solutions
- Chickplease
- InnovoPro
- Nutriati, Inc.
Highlights of The Chickpea Protein Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Protein Isolates
- Protein Concentrates
- By Application:
- Beverages
- Food
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chickpea Protein Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chickpea protein is a plant-based protein that comes from the dried and ground chickpeas. Chickpea protein is high in fiber, low in calories, and has a number of health benefits. It can help you maintain muscle mass while on a diet, improve your digestion, and boost your immune system.
Some of the major players in the chickpea protein market are AGT Food and Ingredients, Batory Foods, Ingredion Inc., Cambridge Commodities Ltd, Chick.P, Nutraonly (Xi'an) Nutritions Inc., PLT Health Solutions, Chickplease, InnovoPro, Nutriati, Inc..
The chickpea protein market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chickpea Protein Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chickpea Protein Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chickpea Protein Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chickpea Protein Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chickpea Protein Market Size & Forecast, 2020-2028
4.5.1 Chickpea Protein Market Size and Y-o-Y Growth
4.5.2 Chickpea Protein Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Protein Isolates
5.2.2 Protein Concentrates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Beverages
6.2.2 Food
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chickpea Protein Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chickpea Protein Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Protein Isolates
9.6.2 Protein Concentrates
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Beverages
9.10.2 Food
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Protein Isolates
10.6.2 Protein Concentrates
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Beverages
10.10.2 Food
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Protein Isolates
11.6.2 Protein Concentrates
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Beverages
11.10.2 Food
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Protein Isolates
12.6.2 Protein Concentrates
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Beverages
12.10.2 Food
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Protein Isolates
13.6.2 Protein Concentrates
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Beverages
13.10.2 Food
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chickpea Protein Market: Competitive Dashboard
14.2 Global Chickpea Protein Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AGT Food and Ingredients
14.3.2 Batory Foods
14.3.3 Ingredion Inc.
14.3.4 Cambridge Commodities Ltd
14.3.5 Chick.P
14.3.6 Nutraonly (Xi'an) Nutritions Inc.
14.3.7 PLT Health Solutions
14.3.8 Chickplease
14.3.9 InnovoPro
14.3.10 Nutriati, Inc.
