The global chickpea flour market is slated to be worth around US$ 2,574.1 million in 2024. The market is poised to grow at an encouraging CAGR of 7.1% over the projected period. The global chickpea flour industry is penned in to garner a revenue of almost US$ 5,093.1 million by the end of this projected period in 2034.
The demand for the product is rising due to its growing appeal as an active component in baked food items or confections and as a result of changes in consumer lifestyle. Moreover, the popularity of chickpea powder as a dietary supplement has further boosted the business in the last few years.
Significant value growth of chickpea-based flour is anticipated over the projection period due to its usage in illness prevention and health maintenance. Likewise, emerging applications of chickpea powder in cosmetics and personal care products have increased the end-user verticals in recent years.
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Key Takeaways from the Chickpea Flour Market Study Report
- The overall market is predicted to witness an absolute growth opportunity of over US$ 2.5 billion over the next ten years.
- Interestingly, the United States is observed to be witnessing higher demand for chickpea flour which is driving the market at 7.8% CAGR through 2034 in the country.
- In Europe, the consumption of chickpea flour in Germany is figured to grow at a CAGR of 7.1% through the projected years.
- India to retain its centrality in the global chickpea atta market by following a CAGR of 7.5% from 2024 to 2034.
- Desi or the indigenous form of chickpea flour is estimated to hold 59.3% market share in 2024.
Competitive Landscape for the Chickpea Flour Market Players
The chickpea-based flour market is highly concentrated in a few chickpea-yielding areas or countries located in tropical and subtropical regions. However, the growing production of chickpea or Cicar arietinum in controlled environments of temperate countries of Europe and the North is anticipated to diversify the market.
“Evolving consumer eating patterns and a move toward healthier meals to lower blood sugar levels has upraised the demand for gluten-free substitutes of traditional wheat flour. Inclusion of chickpea powder in the elite group including soybean flour is anticipated to bring in new growth avenues for the market players.” – says a lead analyst at FMI.
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Recent Developments by the Chickpea Flour Industry Participants
- In March 2023, Supplant Foods Company of India received a patent for a technique for producing high-performance chickpea flour. This innovative process, developed by the company’s researchers and professionals, improves the functioning of chickpea protein by successfully eliminating the chemicals responsible for unwanted off-flavors and removing the color, thereby broadening its use in food and beverages.
- In June 2023, Ardent Mills, a leading flour-milling and ingredient firm in the United States, announced two new products: Ardent Mills Egg Replace along with its Ancient Grains Plus Baking Flour Blend. The egg replacement solution is made up of only four ingredients, including chickpea flour which is also gluten-free and vegan, with no significant food allergens or soy components. The firm created these innovative, cost-effective solutions for optimal taste, function, and ease of use in bakery applications.
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Key Segments Covered by Chickpea Flour Industry Survey Report
By Product Type:
- Desi
- Kabuli
Distribution Channel:
- Food Chain Services
- Modern Trade
- Convenience Store
- Departmental Store
- Online Store
- Other Distribution Channel
By End Use Application:
- Food & Beverage Processing
- Bakery or Baked Goods
- Confectionery and Desserts
- Savory Snacks
- Ready to Eat Products
- Pasta & Macaroni
- Energy & Protein Bars
- Meat Alternatives
- Dairy Replacements and Products
- Mayonnaise, Sauces, Condiments, and Dressings
- Extruded products
- Other Food & Beverages (Batter Mixes, Gravy Thickeners, Infant Nutrition)
- Retail Sales
- Supermarkets or Hypermarkets
- Departmental Stores
- Wholesale Stores
- Specialty Food Stores
- Other Stores
- Ready-to-Drink Beverages
- Dairy based Beverages
- Non-dairy or Plant-based Beverages
- Nutraceuticals
- Sports Nutrition
- Animal Feed
- Pet Food
By Product Claim:
- Organic or Non-GMO
- Conventional
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Pacific
- Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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