Market Forecast By Product Type (Desi Chickpeas, Kabuli Chickpeas), By Form (Dried Chickpeas, Fresh/Green Chickpeas, Frozen Chickpeas, Preserved/Canned Chickpeas, Chickpea Flour), By Application (Chickpeas for Direct Consumption, Chickpeas for Salads, Chickpea Snacks, Chickpeas for Hummus and Tahini, Chickpeas for Sweets and Desserts, Chickpeas for Other Applications) And Competitive Landscape
Product Code: ETC176863 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Chickpeas market currently, in 2023, has witnessed an HHI of 8134, Which has increased substantially as compared to the HHI of 8025 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | India Chickpeas Market |
Forecast Period | 2024-2030 |
CAGR | 8.9% |
Growing Sector | Retail Sector |
The India Chickpeas Market Report thoroughly covers the market by product type, form, and application. The India Chickpeas Market Outlook report provides an unbiased and detailed analysis of the ongoing India Chickpeas Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Indian chickpeas market is expected to grow in the coming years due to several factors, including the increasing population, growing awareness about the nutritional benefits of chickpeas, and government initiatives to boost chickpea cultivation. However, the market faces challenges such as low productivity, which has contributed to higher costs
According to 6Wresearch, the India Chickpeas Market size is estimated to expand at a CAGR of 8.9% during 2024-2030. One of the primary drivers of the chickpeas market in India is the country’s increasing population. As the population grows, so does the demand for food, and with chickpeas being a staple food item in India, this market is expected to grow even further. Additionally, growing awareness about the nutritional benefits of chickpeas is also contributing to the market's expansion. Chickpeas are an excellent source of vitamins, minerals, and fibers needed for a healthy diet. Furthermore, chickpeas are gluten-free and hence are an ideal choice for people with gluten intolerance or celiac disease.
One of them is the relatively low productivity of chickpea cultivation. Although chickpeas are an important crop in India and are cultivated in various states, the yield per hectare is lower compared to other chickpea-producing countries like Australia and Canada. As a result, the demand for chickpeas in India often exceeds the supply, leading to higher costs. These factors can hinder the India Chickpeas Market growth.
Several key players dominate the Indian chickpeas market. The first is ITC Agri Business Division, a subsidiary of ITC Limited, which is one of India's largest multinational corporations. The company has a strong presence in the chickpea market and has partnered with farmers to ensure a steady supply of high-quality chickpeas. Other significant players in the market include Adani Wilmar Limited, Hindustan Agro Industries Limited, and Ruchi Soya Industries Limited. These companies have invested in research and development to improve the yield and quality of chickpeas and are well-positioned to leverage the growing demand for chickpeas in India.
The Indian government is taking steps to address this challenge. In 2016, the government launched the National Food Security Mission (NFSM) to boost food grain production in India. The program includes the cultivation of pulses like chickpeas, and it aims to enhance the productivity of chickpea cultivation. Furthermore, the government has also incentivized farmers by increasing the Minimum Support Price (MSP) of chickpeas to ensure that they receive fair compensation for their crops.
India chickpeas market holds immense potential for growth in the coming years. As consumer preferences continue to shift towards plant-based diets, the demand for chickpeas and other pulse crops is expected to rise. Despite the challenges of price volatility and pest outbreaks, the industry is resilient and has already started to explore alternative crops and value-added products to mitigate risks. The Indian chickpeas market has a bright future ahead and is poised to become a major player in the global pulse crop market.
According to Nikhil, Senior Research Analyst, 6Wreserach, desi chickpeas have been dominating the market and the same segment is projected to rise more in the near future.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Chickpeas Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Chickpeas Market Revenues & Volume, 2020 & 2030F |
3.3 India Chickpeas Market - Industry Life Cycle |
3.4 India Chickpeas Market - Porter's Five Forces |
3.5 India Chickpeas Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Chickpeas Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.7 India Chickpeas Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 India Chickpeas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Chickpeas Market Trends |
6 India Chickpeas Market, By Types |
6.1 India Chickpeas Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Chickpeas Market Revenues & Volume, By Product Type, 2020 - 2030F |
6.1.3 India Chickpeas Market Revenues & Volume, By Desi Chickpeas, 2020 - 2030F |
6.1.4 India Chickpeas Market Revenues & Volume, By Kabuli Chickpeas, 2020 - 2030F |
6.2 India Chickpeas Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Chickpeas Market Revenues & Volume, By Dried Chickpeas, 2020 - 2030F |
6.2.3 India Chickpeas Market Revenues & Volume, By Fresh/Green Chickpeas, 2020 - 2030F |
6.2.4 India Chickpeas Market Revenues & Volume, By Frozen Chickpeas, 2020 - 2030F |
6.2.5 India Chickpeas Market Revenues & Volume, By Preserved/Canned Chickpeas, 2020 - 2030F |
6.2.6 India Chickpeas Market Revenues & Volume, By Chickpea Flour, 2020 - 2030F |
6.3 India Chickpeas Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Chickpeas Market Revenues & Volume, By Chickpeas for Direct Consumption, 2020 - 2030F |
6.3.3 India Chickpeas Market Revenues & Volume, By Chickpeas for Salads, 2020 - 2030F |
6.3.4 India Chickpeas Market Revenues & Volume, By Chickpea Snacks, 2020 - 2030F |
6.3.5 India Chickpeas Market Revenues & Volume, By Chickpeas for Hummus and Tahini, 2020 - 2030F |
6.3.6 India Chickpeas Market Revenues & Volume, By Chickpeas for Sweets and Desserts, 2020 - 2030F |
6.3.7 India Chickpeas Market Revenues & Volume, By Chickpeas for Other Applications, 2020 - 2030F |
7 India Chickpeas Market Import-Export Trade Statistics |
7.1 India Chickpeas Market Export to Major Countries |
7.2 India Chickpeas Market Imports from Major Countries |
8 India Chickpeas Market Key Performance Indicators |
9 India Chickpeas Market - Opportunity Assessment |
9.1 India Chickpeas Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Chickpeas Market Opportunity Assessment, By Form, 2020 & 2030F |
9.3 India Chickpeas Market Opportunity Assessment, By Application, 2020 & 2030F |
10 India Chickpeas Market - Competitive Landscape |
10.1 India Chickpeas Market Revenue Share, By Companies, 2023 |
10.2 India Chickpeas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |