Product Code: ETC176845 | Publication Date: Jan 2022 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Peru Chickpeas Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 5.72% in 2025, the market peaks at 11.20% in 2028, and settles at 9.47% by 2029.
Peru's Chickpeas market is anticipated to experience a high growth rate of 10.47% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.
The Peru chickpeas market is experiencing steady growth driven by increasing consumer awareness of the health benefits associated with chickpeas, such as being a good source of protein, fiber, and essential nutrients. The country`s favorable climate and soil conditions have allowed for the successful cultivation of chickpeas, leading to a rise in production levels. Additionally, the growing popularity of plant-based diets and vegetarianism has further boosted the demand for chickpeas in Peru. The market is characterized by both domestic consumption and export opportunities, with key players focusing on quality standards and sustainability practices to meet the requirements of international markets. Overall, the Peru chickpeas market is poised for continued growth as it caters to both the local and global demand for this versatile and nutritious legume.
The Peru Chickpeas Market is currently experiencing growth due to increasing consumer awareness of the health benefits associated with chickpeas, such as being a good source of protein, fiber, and vitamins. The demand for chickpeas is also being driven by the rising popularity of plant-based diets and the growing interest in ethnic cuisines that use chickpeas as a key ingredient. Additionally, the versatility of chickpeas in various dishes and their use in products like hummus and chickpea flour are contributing to the market`s expansion. However, challenges such as fluctuating prices, competition from other legumes, and climate-related issues impacting crop yields are factors that could influence the market in the near future. Overall, the Peru Chickpeas Market is poised for growth, driven by health-conscious consumers and culinary trends.
In the Peru chickpeas market, there are several challenges faced by industry players. One key challenge is the fluctuation in global chickpeas prices, which can impact the profitability of local producers and exporters. Additionally, limited access to advanced technology and agricultural practices may hinder the efficiency and productivity of chickpeas cultivation in Peru. Infrastructure issues, such as inadequate storage facilities and transportation networks, also pose challenges in maintaining the quality of chickpeas during storage and shipment. Furthermore, competition from other chickpeas producing countries could affect market share and pricing strategies for Peruvian chickpeas. Overall, addressing these challenges through investment in technology, infrastructure improvements, and strategic market positioning will be crucial for the sustainable growth of the Peru chickpeas market.
The Peru chickpeas market presents promising investment opportunities due to the increasing global demand for chickpeas as a healthy and versatile food source. With Peru being one of the top producers of chickpeas in South America, investors can capitalize on the country`s competitive advantage in chickpea production. Investing in the Peru chickpeas market can offer potential returns through export opportunities to markets in Europe, North America, and Asia, where chickpeas are in high demand. Additionally, there is growing interest in plant-based protein sources, further boosting the market potential for chickpeas. Investors can consider partnering with local farmers, supporting sustainable farming practices, and leveraging Peru`s reputation for high-quality chickpea production to establish a strong presence in the global chickpeas market.
The Peruvian government has implemented various policies to support the chickpeas market in the country. These policies include providing subsidies and incentives to chickpeas farmers to increase production and improve quality standards. Additionally, the government has focused on promoting sustainable agricultural practices to ensure long-term growth in the chickpeas industry. Importantly, the government has also established trade agreements with other countries to facilitate the export of Peruvian chickpeas, thereby expanding market opportunities for local farmers. Overall, these policies aim to boost the competitiveness of the Peru chickpeas market both domestically and internationally, fostering economic growth and stability in the sector.
The future outlook for the Peru Chickpeas Market appears promising due to increasing global demand for plant-based proteins and the versatile nature of chickpeas in various cuisines. With a growing focus on health and sustainability, chickpeas are becoming a popular choice among consumers seeking nutritious and environmentally-friendly food options. Additionally, Peru`s favorable climate and agricultural expertise position it as a key player in the chickpeas market, allowing for high-quality production and competitive pricing. As a result, the Peru Chickpeas Market is expected to witness steady growth in the coming years, driven by both domestic consumption and export opportunities to meet the rising demand in international markets.
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 Peru Chickpeas Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Chickpeas Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Chickpeas Market - Industry Life Cycle |
3.4 Peru Chickpeas Market - Porter's Five Forces |
3.5 Peru Chickpeas Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Peru Chickpeas Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Peru Chickpeas Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Peru Chickpeas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Peru Chickpeas Market Trends |
6 Peru Chickpeas Market, By Types |
6.1 Peru Chickpeas Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Chickpeas Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Peru Chickpeas Market Revenues & Volume, By Desi Chickpeas, 2021 - 2031F |
6.1.4 Peru Chickpeas Market Revenues & Volume, By Kabuli Chickpeas, 2021 - 2031F |
6.2 Peru Chickpeas Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Peru Chickpeas Market Revenues & Volume, By Dried Chickpeas, 2021 - 2031F |
6.2.3 Peru Chickpeas Market Revenues & Volume, By Fresh/Green Chickpeas, 2021 - 2031F |
6.2.4 Peru Chickpeas Market Revenues & Volume, By Frozen Chickpeas, 2021 - 2031F |
6.2.5 Peru Chickpeas Market Revenues & Volume, By Preserved/Canned Chickpeas, 2021 - 2031F |
6.2.6 Peru Chickpeas Market Revenues & Volume, By Chickpea Flour, 2021 - 2031F |
6.3 Peru Chickpeas Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Peru Chickpeas Market Revenues & Volume, By Chickpeas for Direct Consumption, 2021 - 2031F |
6.3.3 Peru Chickpeas Market Revenues & Volume, By Chickpeas for Salads, 2021 - 2031F |
6.3.4 Peru Chickpeas Market Revenues & Volume, By Chickpea Snacks, 2021 - 2031F |
6.3.5 Peru Chickpeas Market Revenues & Volume, By Chickpeas for Hummus and Tahini, 2021 - 2031F |
6.3.6 Peru Chickpeas Market Revenues & Volume, By Chickpeas for Sweets and Desserts, 2021 - 2031F |
6.3.7 Peru Chickpeas Market Revenues & Volume, By Chickpeas for Other Applications, 2021 - 2031F |
7 Peru Chickpeas Market Import-Export Trade Statistics |
7.1 Peru Chickpeas Market Export to Major Countries |
7.2 Peru Chickpeas Market Imports from Major Countries |
8 Peru Chickpeas Market Key Performance Indicators |
9 Peru Chickpeas Market - Opportunity Assessment |
9.1 Peru Chickpeas Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Peru Chickpeas Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Peru Chickpeas Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Peru Chickpeas Market - Competitive Landscape |
10.1 Peru Chickpeas Market Revenue Share, By Companies, 2024 |
10.2 Peru Chickpeas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |