Chickpea Protein Ingredients Market Size, Share, Trend, Sales, Industry Analysis, Consumption, Gross Margin, Global Demand and Forecast to 2023
Chickpea protein ingredients are rich in both soluble and insoluble dietary fibers. Being a good source of protein, chickpeas contain lesser calories and saturated fats compared to other protein sources; owing to which chickpea protein ingredients are gaining huge demand among health-conscious consumers. Due to the high protein content in chickpeas, chickpea protein ingredients are majorly used by food manufacturers to produce meat substitutes for vegan diet followers.
Some of the key players in the global chickpea protein ingredients market are Nutriati, Inc. (US), Batory Foods (US), ChickP (US), InnovoPro (Israel), Cambridge Commodities Limited (UK), AGT Food and Ingredients (Canada), Ingredion Incorporated (US), Archer Daniels Midland Company (US), and Nirman Nutraceuticals Pvt. Ltd. (India).
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The global chickpea protein ingredients market has been segmented into type, form, category, application, and region. The market based on type has been segmented into concentrate, isolate, and others. The market, by form, has been segmented into liquid and dry. The market, by category, has been segmented into organic and conventional. The market, by application, has been segmented into sports nutrition, energy bars, bakery & confectionary, snacks (sweet & savory), and others.
Geographically, Asia-Pacific dominates the Global Chickpea Protein Ingredients Market owing to the increasing production of chickpea and high application of chickpea protein ingredients in food industry. Favorable soil, weather, and growing agricultural industry has led to the growth of chickpea protein ingredients market in this region. North America follows the market of chickpea protein ingredients market with the maximum production of chickpeas in Mexico and the highest demand of chickpea protein ingredients in the US owing to the rising vegan consumers in this region.
Based on type, chickpea protein ingredients market is segmented into concentrates, isolates, and others. Among these, the concentrate segment accounts for the maximum revenue owing to the affordability of concentrated chickpea protein ingredients. Concentrates contain all nine essential amino acids that provide key nutritional benefits. Concentrate proteins also break down relatively quick, making its nutrients rapidly available to the body.
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September 2018 Market Research Future has published a half-cooked research report on the Global Chickpea Protein Ingredients Market.
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