According to the latest report by IMARC Group, titled "Chickpeas Market Size: Global Industry Share, Growth, Opportunity and Forecast 2021-2026," the global chickpeas market reached a value of US$ 16.2 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.2% during 2021-2026.
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Global Chickpeas Market Trends:
The global market is primarily driven by the rising health consciousness among individuals. This is supported by the shifting lifestyle preferences and changing dietary patterns of the masses. Along with this, the widespread utilization of chickpeas in the food industry in the preparation of diverse foods, such as snacks, hummus and salads, is gaining prominence across the globe. Some of the other factors contributing to the market growth include the easy product availability via online and offline organized distributed channels and the increasing popularity of international cuisines on the global level.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Adani Wilmar Limited (AWL)
- Cargill Foods India
- AGT Food and Ingredients, Inc.
- BroadGrain Commodities, Inc.
- India
- Australia
- Pakistan
- Myanmar
- Ethiopia
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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