Market Overview:
The global chickpea protein powder market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the health benefits of consuming plant-based proteins, growing demand for vegan and vegetarian food products, and increasing penetration of chickpea protein powder in various application segments. The global chickpea protein powder market is segmented on the basis of type into organic and conventional. The organic segment is projected to grow at a higher CAGR than the conventional segment during the forecast period from 2018 to 2030. This can be attributed to increasing consumer preference for organic food products due to their perceived health benefits over conventionally grown foods. On the basis of application, the global chickpea protein powder market is segmented into hypermarkets/supermarkets, convenience stores, specialty food stores, and others (online retailing etc.).
Product Definition:
Chickpea protein powder is an organic, plant-based product that is made from ground chickpeas. It has a slightly nutty flavor and can be used in shakes, smoothies, or baking recipes. Chickpea protein powder is a good source of fiber and contains all the essential amino acids needed to build muscle.
Organic:
Organic products are those that are produced without the use of harmful chemicals such as pesticides, herbicides, or fertilizers. Organic food does not contain any artificial flavors or colors and all ingredients including milk, eggs, oil etc. have been produced from organic sources. Organic foods are considered to be healthier than their conventional counterparts as they lack chemical residues and have a longer shelf life due to no synthetic inputs involved in their production process.
Conventional:
Conventional refers to the type of farming method used for producing chickpea protein powder. It is a low-maintenance and cost-effective production process which involves little or no use of agrochemicals. This conventional farming method is suitable for both small and large scale producers as the yield from this technique is very high compared to organic techniques. The major advantage associated with conventional technique is that it requires less labor force, thus making it affordable for both small and large scale producers globally.
Application Insights:
The others segment held the largest share of more than 50.0% in 2017. Other applications include food & beverages, cosmetics, pharmaceuticals and animal feed among others. Food & beverage was the leading application for chickpea protein powder in 2017 and is expected to maintain its dominance over the forecast period as well. The product has a rich history in Indian cuisine where it is used to prepare variety of dishes including chana masala, dahl and chole bhature which are popularly consumed during breakfast time along with roti or naan bread products baked from wheat flour.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing health consciousness and increasing consumer preference for plant-based protein sources. The region is projected to maintain its dominance over the forecast period due to rising awareness about veganism and vegetarianism among youth of western countries, such as U.S., Canada, and Mexico. As per a recent study by Soil Association, around 60% of Americans are trying to reduce their meat consumption or have done so already; this trend is likely to influence chickpea protein powder market positively in North America over the next few years.
Asia Pacific is expected to be one of fastest-growing markets during the forecast period owing with increasing awareness about healthy diet among working class people living in urban areas as compared with rural parts of developing countries like India and China.
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 powder is a plant-based source of protein that meets this need. It is also a good source of fiber, vitamins, and minerals.
- Rising awareness about the health benefits of chickpeas: Chickpeas are known to be high in fiber, antioxidants, vitamins, and minerals. They are also low in fat and calories making them an ideal choice for people looking to improve their health. This has led to an increase in the popularity of chickpea protein powder as well.
- Growing interest in veganism and vegetarianism: A large number of people are now choosing to follow vegan or vegetarian diets due to the many health benefits they offer . This has led to an increase in demand for plant-based proteins such as chickpea protein powder .
Scope Of The Report
Report Attributes
Report Details
Report Title
Chickpea Protein Powder Market Research Report
By Type
Organic, Conventional
By Application
Hypermarkets/Supermarkets, Convenience Stores, Specialty Food Stores, Others
By Companies
Omega Protein Corporation, DuPont, Kerry, Cargill, CHS, Axiom Foods, Fonterra, ADM
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Chickpea Protein Powder Market Report Segments:
The global Chickpea Protein Powder market is segmented on the basis of:
Types
Organic, Conventional
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
Hypermarkets/Supermarkets, Convenience Stores, Specialty Food Stores, Others
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:
- Omega Protein Corporation
- DuPont
- Kerry
- Cargill
- CHS
- Axiom Foods
- Fonterra
- ADM
Highlights of The Chickpea Protein Powder 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:
- Organic
- Conventional
- By Application:
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Food Stores
- Others
- 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 Powder 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 powder is a plant-based protein that comes from the ground chickpeas. It is a high quality, low calorie and nutrient dense source of protein. Chickpea protein powder can be used as an alternative to animal-based proteins in many recipes or as part of your regular diet.
Some of the key players operating in the chickpea protein powder market are Omega Protein Corporation, DuPont, Kerry, Cargill, CHS, Axiom Foods, Fonterra, ADM.
The chickpea protein powder market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chickpea Protein Powder 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 Powder Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Chickpea Protein Powder 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 Powder 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 Powder Market Size & Forecast, 2020-2028 4.5.1 Chickpea Protein Powder Market Size and Y-o-Y Growth 4.5.2 Chickpea Protein Powder 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 Organic
5.2.2 Conventional
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 Hypermarkets/Supermarkets
6.2.2 Convenience Stores
6.2.3 Specialty Food Stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chickpea Protein Powder 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 Powder 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 Organic
9.6.2 Conventional
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 Hypermarkets/Supermarkets
9.10.2 Convenience Stores
9.10.3 Specialty Food Stores
9.10.4 Others
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 Organic
10.6.2 Conventional
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 Hypermarkets/Supermarkets
10.10.2 Convenience Stores
10.10.3 Specialty Food Stores
10.10.4 Others
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 Organic
11.6.2 Conventional
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 Hypermarkets/Supermarkets
11.10.2 Convenience Stores
11.10.3 Specialty Food Stores
11.10.4 Others
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 Organic
12.6.2 Conventional
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 Hypermarkets/Supermarkets
12.10.2 Convenience Stores
12.10.3 Specialty Food Stores
12.10.4 Others
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 Organic
13.6.2 Conventional
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 Hypermarkets/Supermarkets
13.10.2 Convenience Stores
13.10.3 Specialty Food Stores
13.10.4 Others
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 Powder Market: Competitive Dashboard
14.2 Global Chickpea Protein Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Omega Protein Corporation
14.3.2 DuPont
14.3.3 Kerry
14.3.4 Cargill
14.3.5 CHS
14.3.6 Axiom Foods
14.3.7 Fonterra
14.3.8 ADM