Chickpea Protein Ingredients Market Size

Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The chickpea-protein market is poised to show significant growth, with a current value of $ 741 million in 2024, growing to $ 1,550 million by 2032. This represents a robust CAGR of 9.6% for the forecast period. The market is being driven by the growing demand for plant-based food, which is in turn a result of health-conscious consumers and their dietary preferences. The rise in vegetarianism and the increasing awareness of the environmental impact of animal farming have also stoked interest in chickpea-based products. Technological developments in food processing and ingredient formulation are also contributing to the market’s expansion. The extraction and development of chickpeas has improved their functionality and aesthetics, making them suitable for a wide variety of applications in food and beverages. DuPont and Ingredion are investing heavily in research and development, forming strategic alliances, and launching new products to take advantage of this growth opportunity. These initiatives not only strengthen their market presence, but also meet the changing preferences of consumers who are looking for nutritious and sustainable food options.

Regional Market Size

Regional Deep Dive

The chickpea protein market is experiencing significant growth across all regions. This growth is mainly due to the growing demand for plant-based foods and the rising popularity of vegetarian and vegetarian diets. The market is characterized by a wide range of applications in North America, Europe, Asia-Pacific, the Middle East and Africa and Latin America. Each region has its own market dynamics, which are influenced by cultural preferences, regulations and economic conditions. All these factors affect the speed of innovation and the pace of adoption of chickpea protein.

Europe

• The European Union's Green Deal has had a considerable influence on the market, promoting sustainable agriculture and a vegetarian diet, resulting in a higher investment in chickpea production by companies like Emsland and Axiom Foods.
• Innovations in food technology, such as the development of chickpea-based meat alternatives by brands like Beyond Meat and Oumph!, are reshaping consumer perceptions and driving demand for chickpea protein in the region.

Asia Pacific

• In the Asia-Pacific region, the chickpea market is growing rapidly, especially in India and Australia, where chickpeas are a basic food, and where local companies are developing new products such as chickpea-based snacks and food supplements.
• Governmental initiatives to promote vegetarianism and sustainable agriculture are creating a favourable environment for the development of chana dal.

Latin America

• In Latin America, where the chickpea is beginning to be recognized, there are already a number of companies, notably in Brazil and Argentina, which are taking advantage of the growing trend for vegetable protein, notably Plant Based Foods and Green Heart Foods.
• The region's agricultural policies are increasingly supporting the cultivation of chickpeas, which is expected to enhance the supply chain for chickpea protein ingredients and promote local food innovation.

North America

• In the United States, where the demand for clean label products is increasing, chickpeas are gaining in popularity. Ingredion and Roquette are investing in extraction technology for chickpeas to meet the demand for transparency and sustainability.
• Recent regulatory changes, such as the FDA's updated guidelines on plant-based protein labeling, are encouraging food manufacturers to explore chickpea protein as a viable alternative, thereby expanding its presence in mainstream products.

Middle East And Africa

• A number of companies in the Middle East and Africa are investing in chickpea protein, notably Al Dahra and Pure Harvest.
• Cultural factors, such as the traditional use of chickpeas in regional cuisines, are facilitating the acceptance of chickpea protein in various food applications, leading to innovative product offerings in the market.

Did You Know?

“Chickpeas are not only a rich source of protein but also contain essential nutrients like fiber, vitamins, and minerals, making them a popular choice for health-conscious consumers seeking balanced diets.” — USDA National Nutrient Database

Segmental Market Size

The Chickpea Protein Market is experiencing strong growth, driven by the increasing demand for plant-based foodstuffs. This market plays an important role in the overall plant-based foodstuffs market, as it caters to the needs of health-conscious consumers and those seeking sustainable dietary alternatives. This is due to the growing popularity of vegetarian and vegan diets and the increased awareness of the environmental impact of livestock farming. Regulations which promote the use of plant-based foodstuffs are also boosting demand for chickpea-based foodstuffs. The current market is in a mature stage of development, with companies such as Ingredion and Roquette at the forefront of product development and distribution. Product development is mainly focused on snack bars, drinks and meat alternatives. The focus on health and the environment, as well as the pandemic of COVID-19, are driving the trend towards plant-based foodstuffs. Extraction and formulation developments are shaping the evolution of chickpea-based ingredients, enhancing their functionality and appeal in a wide range of foodstuffs.

Future Outlook

CHICKPEA PROTEIN INGREDIENTS MARKET: The global Chickpea protein ingredients market is projected to rise from $1.07 billion in 2024 to $1.55 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 9.65%. This is mainly due to the growing demand for plant-based protein sources from health-conscious consumers who are increasingly opting for alternatives to animal-based sources of protein. The use of chickpea protein in food applications such as snacks, dairy alternatives, and meat substitutes is projected to rise considerably. By 2032, the penetration of these food categories could reach up to 15 to 20%. Moreover, technological advancements in extraction and processing methods will improve the quality and efficiency of chickpea-based ingredients, making them more attractive to food manufacturers. The growth of the market is also being supported by supportive government policies that encourage sustainable farming and the use of plant-based foods. The rising popularity of the ‘clean label’ trend, and the growing popularity of the ‘flexitarian’ and ‘vegan’ diets will also play a key role in shaping the market. As consumers place a higher value on health and the environment, the Chickpea protein ingredients market will become a key player in the broader plant-based food sector.