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Follow on Google News | Fact.MR's Report on Chickpeas Market through 2022According to the latest report by Fact.MR, the global chickpeas market is expected to experience above-average growth. The market is projected to increase to 4.3% CAGR during the forecast period.
By: Fact.MR According to the latest report by Fact.MR, the global chickpeas market is expected to experience above-average growth. The market is projected to increase to 4.3% CAGR during the forecast period. Owing to the various health benefits, nutrients, and proteins, chickpeas are being consumed on a large scale across the globe. People are using chickpeas in a variety of dishes to add texture and flavor. Chickpeas are also being offered to the animals to fulfill their energy and protein requirements. Following are the few insights on how the global chickpeas market will perform in the next five years. 5 Forecast Highlights on Global Chickpeas Market Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global chickpeas market. By the end of 2022, APEJ chickpeas market is estimated to reach nearly US$ 5,000 million revenue. In APEJ region, India is one of the largest producer of chickpeas, followed by Australia, Pakistan, China, etc. hence, the region accounts for the largest share in the global chickpeas market. North America is also expected to emerge as the biggest market for chickpeas. Chickpeas are consumed in various forms as food items. In North America, canned chickpeas are consumed on a large scale with salads. Chickpeas are also available in form of dry chickpeas and ground flour to be used in baking. Compared to Kabuli chickpeas, desi chickpeas are expected to be one of the highly-preferred product. Desi chickpeas are estimated to reach nearly US$ 6,600 million revenue by the end of 2022. Dried chickpeas are expected to be one of the most favored forms of chickpeas. By the end of 2017, dried chickpeas are estimated to account for nearly half of the market share. Dried chickpeas are also estimated to create more than US$ 1,000 million incremental opportunity during 2017-2022. Meanwhile, fresh/green chickpeas are also expected to witness growth during the forecast period. Direct consumption of chickpeas is expected to be the highest compared to other applications. Direct consumption of chickpeas is estimated to reach close to US$ 3,600 million revenue by the end of 2022. The report has also profiled leading players in the global market for chickpeas, which will remain active through 2022. These include companies such as The Wimmera Grain Co., Pty Ltd, Bean Growers Australia Limited, AGT Food & Ingredients, Inc., Indraprasth Foods Ltd, OLEGA S.A., Sanwa Pty. Ltd., Alberta Pulse Growers Commission, and Mast Qalander Traders. Competition Tracking The report also profiles companies that are expected to remain active in the expansion of global chickpeas market through 2022, which include Bean Growers Australia Limited, The Wimmera Grain Co., Pty Ltd, AGT Food & Ingredients, Inc., OLEGA S.A., Alberta Pulse Growers Commission, Indraprasth Foods Ltd, Mast Qalander Traders, and Sanwa Pty. Ltd. Browse Full Report with TOC- https://www.factmr.com/ About Fact.MR Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits- End
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