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Add to CartGlobal Cherry Chickpea Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Desi chickpea and Kabuli chickpea.By Distribution Channel;
Offline and Online.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Cherry Chickpea Market (USD Million), 2021 - 2031
In the year 2024, the Global Cherry Chickpea Market was valued at USD 64.88 million. The size of this market is expected to increase to USD 97.56 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.
The global cherry chickpea market has seen notable growth in recent years, driven by increasing consumer demand for nutritious and versatile plant-based protein sources. Chickpeas, known for their high protein and fiber content, are being increasingly integrated into various culinary applications, including snacks, salads, and even desserts. The addition of cherries to chickpeas brings a unique twist, blending the nutty flavor of chickpeas with the sweetness and tanginess of cherries, appealing to health-conscious consumers seeking innovative and flavorful food options.
Key factors contributing to the market's expansion include growing awareness of the health benefits associated with chickpeas, such as their role in promoting heart health and aiding in weight management. Moreover, cherries add not only taste but also nutritional benefits, as they are rich in antioxidants and vitamins. This combination caters to diverse consumer preferences for natural, nutrient-dense foods, driving manufacturers to explore new product formulations and market strategies to capitalize on this emerging trend in the global food market.
Global Cherry Chickpea Market Recent Developments
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In January 2022, cherry seed oil gained traction in the wellness market as a functional ingredient in dietary supplements, praised for its high antioxidant content and potential skin health benefits.
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In November 2023, the cherry seed oil market saw increased demand due to its rising popularity in the cosmetic and personal care industries, known for its hydrating and anti-aging properties.
Segment Analysis
In the segmented analysis of the global cherry chickpea market, several key segments can be identified based on various factors such as product type, distribution channels, and regional preferences. Firstly, the market can be segmented by product type, distinguishing between whole cherry chickpeas and processed products like cherry chickpea snacks or ready-to-eat meals. This segmentation caters to different consumer needs, from those looking for convenient snacks to those preferring ingredients for home cooking.
Secondly, distribution channels play a crucial role in market segmentation. The market encompasses distribution through supermarkets/hypermarkets, online retail platforms, specialty stores, and food service providers. Each channel offers unique advantages in reaching target consumers, with online platforms gaining traction due to convenience and broader geographic reach, while supermarkets appeal to mainstream consumers seeking familiar brands and competitive pricing. Regionally, preferences for cherry chickpea products may vary, influenced by cultural dietary habits, economic factors, and the availability of locally sourced ingredients. Understanding these segments allows stakeholders to tailor marketing strategies and product offerings to maximize market penetration and profitability in different regions globally.
Global Cherry Chickpea Market Analysis
The Global Cherry Chickpea Market has been segmented by Product, Distribution Channel and Geography.
Global Cherry Chickpea Market, Segmentation by Product
The Global Cherry Chickpea Market has been segmented by Product into Desi chickpea and Kabuli chickpea.
Desi chickpeas, known for their smaller size and darker color, are commonly preferred in traditional dishes and snacks across regions like South Asia and Africa. Their nuttier flavor profile makes them suitable for a variety of savory and spiced preparations, complementing the sweetness of cherries in innovative culinary creations. On the other hand, Kabuli chickpeas, larger and lighter in color, are favored in Western cuisines and Mediterranean dishes, offering a mild, creamy texture that blends well with the tartness of cherries in salads and gourmet recipes.
The segmentation into Desi and Kabuli chickpeas not only caters to cultural preferences but also underscores the versatility of cherry chickpea products in meeting diverse global dietary needs. This segmentation allows manufacturers to tailor their product offerings and marketing strategies according to regional culinary traditions and consumer tastes, thereby expanding their market presence and capitalizing on the growing demand for nutritious, plant-based food options.
Global Cherry Chickpea Market, Segmentation by Distribution Channel
The Global Cherry Chickpea Market has been segmented by Distribution Channel into Offline and Online.
Offline channels include supermarkets/hypermarkets, specialty stores, and food service outlets, providing consumers with convenient access to a variety of cherry chickpea products. Supermarkets and hypermarkets remain dominant due to their wide product assortment and established customer base, making them key distribution points for both bulk purchases and impulse buys. Specialty stores cater to niche markets seeking specific dietary preferences or gourmet ingredients, while food service outlets integrate cherry chickpeas into prepared meals, enhancing menu diversity and appealing to health-conscious consumers dining out.
In contrast, online distribution channels have surged in popularity, driven by the convenience of home delivery, broader product availability, and increasing digital literacy among consumers globally. E-commerce platforms offer cherry chickpea products direct to consumers, bypassing traditional retail intermediaries and reaching a wider geographic audience. This channel appeals particularly to busy urban dwellers, health enthusiasts, and niche diet followers who prefer the ease of online shopping and access to specialty or organic varieties not readily available in local stores. As online shopping continues to grow, manufacturers and retailers are leveraging digital marketing strategies and partnerships with online platforms to capitalize on this trend and expand their market reach in the global cherry chickpea sector.
Global Cherry Chickpea Market, Segmentation by Geography
The Global Cherry Chickpea Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Cherry Chickpea Market Share (%), by Geographical Region, 2024
North America and Europe are significant markets driven by the increasing adoption of plant-based diets and the growing popularity of chickpeas as a versatile ingredient in various cuisines. In these regions, cherry chickpeas are incorporated into salads, snacks, and desserts, appealing to health-conscious consumers seeking nutritious alternatives to traditional snacks.
Asia Pacific presents a diverse landscape for cherry chickpeas, with countries like India and Australia contributing to significant consumption due to cultural affinity for chickpeas in traditional dishes and the increasing awareness of their health benefits. Middle East and Africa also showcase a strong market potential, where chickpeas are integral to Middle Eastern cuisine and are widely used in dishes like hummus and falafel. Latin America, with its rich agricultural base, offers opportunities for local production and consumption of cherry chickpeas, catering to both domestic and export markets. Overall, regional segmentation allows stakeholders to tailor marketing strategies and product formulations to meet specific regional tastes and dietary preferences, driving market growth across these diverse geographical regions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Cherry Chickpea Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Health and Wellness Trends
- Growing Demand for Plant-Based Proteins
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Innovation in Food Products: Innovation in food products is crucial in today's dynamic market, driven by changing consumer preferences, technological advancements, and a growing emphasis on health and sustainability. Food companies are continually innovating to meet these evolving demands by introducing new flavors, textures, and nutritional profiles. For example, there's a notable trend towards plant-based and functional foods, where companies are leveraging ingredients like chickpeas to create innovative products such as cherry chickpea snacks or ready-to-eat meals. These products not only cater to vegan and health-conscious consumers but also appeal to a broader audience looking for convenient, nutritious options.
Technological innovations play a pivotal role in food product development. Techniques such as advanced food processing, molecular gastronomy, and biotechnology enable companies to enhance flavors, extend shelf life, and improve nutritional content without compromising taste or quality. Innovation also extends to packaging and distribution methods, where sustainable packaging solutions and direct-to-consumer models are gaining traction. As consumer expectations continue to evolve towards healthier, more sustainable choices, innovation remains a cornerstone for food companies striving to stay competitive and relevant in the global marketplace.
Restraints:
- Seasonal Availability of Cherries
- Supply Chain Challenges
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Price Volatility: Price volatility in the food industry poses significant challenges for both producers and consumers alike. Factors such as climate change, global economic conditions, geopolitical instability, and supply chain disruptions can all contribute to fluctuations in food prices. For agricultural commodities like chickpeas, which are influenced by factors such as weather patterns during growing seasons and demand-supply dynamics, price volatility can be particularly pronounced. Sudden changes in weather patterns, such as droughts or floods, can impact crop yields and drive up prices due to reduced supply. Similarly, geopolitical tensions or trade policies affecting import/export regulations can disrupt supply chains and lead to price spikes or fluctuations in different regions.
Consumers are directly affected by price volatility through changes in the cost of staple foods and ingredients. Higher prices can reduce purchasing power, impacting food accessibility and affordability, especially for low-income households. Moreover, businesses within the food industry, including manufacturers and retailers, face challenges in managing operational costs and profit margins amidst price fluctuations. To mitigate these risks, stakeholders often engage in hedging strategies or diversify sourcing options to stabilize supply and manage price risks effectively. Additionally, governments and international organizations may intervene through policy measures or subsidies to stabilize food prices and ensure food security during periods of volatility.
Opportunities:
- Rising Vegan and Vegetarian Population
- Expansion in Emerging Markets
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Product Innovation and Diversification: Product innovation and diversification are critical strategies for food companies seeking to differentiate themselves in competitive markets and meet evolving consumer preferences. Innovation often involves the development of new flavors, formulations, and packaging that appeal to changing consumer tastes and lifestyles. For instance, in the context of chickpeas, companies may innovate by introducing novel flavors or combinations like cherry chickpea snacks or incorporating chickpeas into new product categories such as beverages or desserts. These innovations not only attract adventurous consumers but also cater to health-conscious individuals looking for nutritious alternatives.
Diversification goes hand in hand with innovation, allowing companies to expand their product portfolios to capture new market segments and mitigate risks associated with market fluctuations. By diversifying product offerings, food manufacturers can leverage existing brand equity and distribution networks to introduce complementary products that resonate with different consumer demographics or dietary preferences. This approach not only enhances market penetration but also fosters customer loyalty by offering a broader range of options that meet diverse consumer needs. Moreover, diversification into new product categories or formats enables companies to stay ahead of market trends and adapt to changing consumer behaviors, ensuring long-term sustainability and growth in the competitive food industry.
Competitive Landscape Analysis
Key players in Global Cherry Chickpea Market include:
- Agrocrops India Ltd.
- AGT Food and Ingredients Inc.
- Arbel Group
- ATC Group India
- Bean Growers Australia Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Cherry Chickpea Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Health and Wellness Trends
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Growing Demand for Plant-Based Proteins
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Innovation in Food Products
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- Restraints
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Seasonal Availability of Cherries
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Supply Chain Challenges
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Price Volatility
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- Opportunities
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Rising Vegan and Vegetarian Population
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Expansion in Emerging Markets
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Product Innovation and Diversification
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Cherry Chickpea Market, By Product, 2021 - 2031 (USD Million)
- Desi chickpea
- Kabuli chickpea
- Global Cherry Chickpea Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Offline
- Online
- Global Cherry Chickpea Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Cherry Chickpea Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Agrocrops India Ltd.
- AGT Food and Ingredients Inc.
- Arbel Group
- ATC Group India
- Bean Growers Australia Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market