The reports also help in understanding the Chickpea Flour Market dynamic, and structure by analyzing the market segments and projecting the Chickpea Flour Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Chickpea Flour Market makes the report investor’s guide.
Chickpea Flour Market Overview:
The Chickpea Flour Market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the industry. The scope of the research includes a thorough investigation of the Chickpea Flour Market, as well as the reasons for variations in the industry’s growth in various locations.
The Chickpea Flour Market size was valued at USD 2 Bn. in 2021 and the total Chickpea Flour Market revenue is expected to grow at 5.5 % from 2022 to 2029, reaching nearly USD 3.1 Bn.
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Market Scope:
The rise in the dietary trend of consuming milk outside the home is propelling Post completion of market engineering, which included calculations for market statistics, market size estimations, market forecasts, market breakdown, and data triangulation, thorough primary research was done to acquire information and verify and validate important numbers. To perform market estimating and forecasting for the overall market segments and sub-segments described in this research, both top-down and bottom-up methodologies, as well as multiple data triangulation methods, were widely employed throughout the whole market engineering process. Extensive qualitative and quantitative analysis is also performed on all of the figures obtained during the whole market engineering process in order to provide essential information throughout the report.
Segmentation:
Based on Type, the Kabuli segment is expected to grow at the highest CAGR during the forecast period. Kabuli chickpeas have a higher nutritional value than desi chickpeas, hence they perform better. According to a physiochemical and nutritional quality study, the Kabuli chickpea has a larger seed than the desi kind, weighing 26 g/100 seeds, whereas the desi form has seeds that weigh 21 g/100 seeds.
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Key Players:
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the markets are determined by using secondary sources and verified through primary sources. The biggest players in the Chickpea Flour market are as follows:
• Ingredion
• ADM
• The Scoular Company
• SunOpta
• Anchor Ingredients
• EHL
• Batory Foods
• Blue Ribbon
• Diefenbaker Spice and Pulse
• Great Western Grain
• Best Cooking Pulses
• Bean Growers Australia
• Parakh Agro Industries
• CanMar Grain Products
• Jain Group of Companies
• Parakh Agro Industries Ltd
• The Scoular Company
Regional Analysis:
Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the Chickpea Flour market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Chickpea Flour Market:
Due to a break in operations, end-user sectors where Chickpea Flour is used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Chickpea Flour manufacturers, affecting the development of the Chickpea Flour market in 2020. End-user business demand for Chickpea Flour has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
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Key Questions Answered in the Chickpea Flour Market Report are:
Which segment had the largest share in the Chickpea Flour market in 2021?
What is the competitive landscape of the Chickpea Flour market?
Which are the key drivers aiding the Chickpea Flour market growth?
Which region has the maximum share in the Chickpea Flour market?
What will be the CAGR of the Chickpea Flour market during the forecast period (2022-2027)?
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