Chickpea Protein Market Analysis

Chickpea Protein Market Analysis

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The Isolates product of chickpea protein market surpassed USD 45.8 million in 2022. Chickpea protein isolate is preferred for its high protein concentration and low levels of carbohydrates and fats, making it suitable for applications where a clean protein source is required. The purity and high protein content of chickpea protein isolate cater to the needs of athletes and fitness enthusiasts looking for high-quality protein supplements.
 

The powdered segment held approximately 60% share of the chickpea protein industry in 2022 and is estimated to observe lucrative pace by 2032. Powdered chickpea protein is highly versatile and can be easily incorporated into a wide range of food products, including beverages, snacks, protein bars, and baked goods. Consumers seeking protein-rich plant-based alternatives prefer powdered chickpea protein as a nutritional ingredient.
 

Chickpea protein market form functional protein application market is anticipated to grow at 5.5% CAGR through 2032. Consumers are becoming more health-conscious and seeking functional foods that offer additional health benefits beyond basic nutrition. Chickpea protein, being a rich source of protein, fiber, vitamins, and minerals, aligns with this trend. Thus, the high-quality services and growing usage of Chickpea protein are predicted to expedite the business growth.
 

Based on functionality, the emulsification segment dominated the market in 2022 and is set to expand at a commendable pace by 2032. Chickpea protein acts as an emulsifier, ensuring the stability of emulsified products like salad dressings, sauces, and mayonnaise, preventing separation or phase separation.
 

Based on application, the food and beverages sector captured major share of the chickpea protein market in 2022 and is expected to gain traction during 2023 and 2032. Chickpea protein is used to fortify functional foods and beverages with protein, fiber, and other essential nutrients. Chickpea protein is added to various food products to increase their protein content and improve their nutritional value.
 

U.S. dominated the North American region with majority market share and a revenue of USD 21.4 million in 2022 and is projected  to expand at a significant pace from 2023-2032. North American consumers are increasingly adopting plant-based diets and seeking alternatives to traditional animal-based proteins, driving the demand for chickpea protein as a plant-based protein source.