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Chickpeas Market to Expand with Significant CAGR During 2017 - 2025

08-21-2017 01:06 PM CET | Health & Medicine

Press release from: Persistence Market Research

Chickpeas Market to Expand with Significant CAGR During 2017 -

The chickpeas require proper aeration to maintain the quality on storage and must be checked a period of interval to avoid spoilage. The chickpeas are available in varieties bifurcated on the basis of colour, taste and seed size. The most commonly used ones are light coloured chickpeas called as kabuli and small sized dark coloured called as desi type. The kabuli type of chickpeas are expected to gain high market share due to increasing demand. The global chickpeas market is expected to grow at a single digit CAGR during the forecast period.

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Chickpeas offer some of the health benefits such as supply of antioxidants, decreased cardiovascular risks, improved blood regulation and support to digestive tract. The health benefits offered support in the growth of global chickpeas market. The demand for restoration of soil also aid in the growth of global chickpeas market.

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The global chick peas market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). APEJ holds major share in the global chickpeas market. India accounts major share in the production of chickpeas. Other major countries are Australia, Pakistan, Myanmar, China, Shri Lanka and Indonesia

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. Followed by APEJ is MEA, countries such as Jordan, Ethiopia, Lebanon, and UAE are the important countries contributing towards chickpeas market in MEA. In North America the chickpeas market is dominated by U.S. (California) and Canada. European chickpeas market is expected to grow at moderate CAGR over the forecast period wherein contribution by EU5 countries dominates. Japan and Latin America and MEA are expected grow at average CAGR during the forecast period.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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