Garbanzo bean flour is a safe, gluten-free substitute with high protein content. As a result, multiple broad-based health-conscious populations are now favored. Its range includes chickpea, Egyptian pea, and Bengal gram or gram. It is one of the first cultivated legumes especially found in the Middle East.
MARKET DYNAMICS
The global garbanzo bean flour market is witnesing a notable growth rate and is expected to constinue to do during the forecats period. The growth of the market can be attributed to Strong preference for organic and gluten-free goods among the customer around the globe. Health benefits of garbanzo bean flour, such as the high nutritional content of beans, are expected to drive market growth. Beans are favored by the vegetarian or vegan population as a vegetarian replacement for meat to complete the protein intake. This, in turn, leads to a increase in the market share of garbanzo bean flour around the globe. Another factor fuelling the global demand for garbanzo bean flour over the forecast period is the rising food and beverage industry. In addition, the fair cost of garbanzo bean flour is expected to fuel its development in developing economies such as the Middle East and Africa, and the Asia Pacific.
MARKET SCOPE
The "Global Garbanzo bean flour Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the garbanzo bean flour market with detailed market segmentation by category, application, and geography. The global garbanzo bean flour market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading garbanzo bean flour market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global garbanzo bean flour market is segmented on the basis of category, and application. Based on category, the global garbanzo bean flour market is segmented into organic and conventional. Based on application, the market is bifurcated into bakery and confectioner, dairy and frozen desserts, bevergaes, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global garbanzo bean flour market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The garbanzo bean flour market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the garbanzo bean flour market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the garbanzo bean flour market in these regions.
MARKET PLAYERS
The reports cover key developments in the garbanzo bean flour market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Garbanzo bean flour market are anticipated to lucrative growth opportunities in the future with the rising demand for Garbanzo bean flour in the global market. Below mentioned is the list of few companies engaged in the Garbanzo bean flour market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the Garbanzo bean flour market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Parakh Group
- AGT Food & Ingredients
- B. H. Modi
- RB Group
- Tata Sampann
- Kalantri Flour Mills
- Jain Group of Companies
- Diefenbaker Spice and Pulse
- ADM
- Ingredion
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