The global chickpea milk market size is estimated to reach USD 189.3 million in 2024 and USD 301.5 million by 2034. Global sales of chickpea milk will likely soar at a CAGR of 4.8% during the assessment period.
Chickpea milk, also known as garbanzo milk, is becoming a popular plant-based milk with diverse nutritional and environmental advantages. Rising awareness about the benefits of this plant-based milk is expected to boost sales growth during the forecast period.
| Attributes | Description |
|---|---|
| Estimated Global Chickpea Milk Industry Size (2024E) | USD 189.3 million |
| Projected Value (2034F) | USD 301.5 million |
| Value-based CAGR (2024 to 2034) | 4.8% |
Growing number of chickpea milk products in the market makes it a strong contender in the plant-based milk alternatives domain. In the near future, garbanzo milk can replace soy milk and other plant-based milk options globally as it is full of nutrients and delicious plant-based milk.
Chickpea milk is nutrient-dense and rich in protein, fiber, iron, zinc, phosphorus, and B vitamins. Its additional unique characteristics appeal to a wider consumer base, from vegans and health enthusiasts to individuals with food allergies.
Garbanzo milk’s protein content outperforms dairy milk. Its protein is of high quality and provides all essential amino acids essential for human body. Its vitamins and minerals also help to maintain good health. It is low in fat, contains no saturated fat, and is free from allergens. Courtesy of this, the consumer base for this plant-based milk is set to increase significantly.
Due to the milk’s high fiber content, it is beneficial for gut health as well. Its mild and creamy taste goes well in various dishes, from smoothies, cereals, coffee drinks, and soups to baked products.
Surging demand for dairy alternatives is set to boost garbanzo milk sales during the next ten years. Similarly, increasing popularity of veganism and flexitarianism will likely create growth opportunities for chickpea milk manufacturers through 2034.
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Introduction of Innovative Flavors and Chickpea-Based Dairy Products
Introducing a range of flavors, such as chocolate, vanilla, strawberry, and blueberry, caters to diverse consumer preferences, making garbanzo milk more appealing to a broader audience. Additionally, product extensions that include garbanzo milk into other dairy alternatives like cheese, yogurt, butter, ice cream, and frozen desserts are rapidly expanding its market reach.
The new innovations not only diversify the product offerings but also attract health-conscious consumers looking for plant-based alternatives. They can play a key role in driving growth and enhancing consumer interest in garbanzo milk and related products.
Cultural and Regional Trends Set to Boost Chickpea Milk Demand
By customizing flavors and formulations to get along with local tastes, companies are driving acceptance and increasing consumption in various markets. This approach ensures the product resonates with regional palates and culinary traditions.
Increasing immigrant populations and a surging interest in diverse culinary experiences are boosting demand for alternative milk products like garbanzo milk. Ethnic and cultural influences are essential, as they introduce new consumers to garbanzo milk, boosting its popularity and integration into different dietary habits around the world.
Technological Innovations Boosting Chickpea Milk Market Competitiveness
Improved processing techniques enhance the taste, texture, and nutritional profile of garbanzo milk, making it more competitive with other plant-based and dairy milks. The new advancements ensure a superior product that meets consumer expectations for flavor and health benefits.
Innovations in packaging and focusing on sustainability and convenience attract eco-conscious consumers. These packaging solutions not only reduce environmental impact but also extend product shelf life, which ensures longer-lasting freshness and reduces waste. Together, these technological advancements drive consumer preference and growth of chickpea milk market.
Global garbanzo milk sales increased at a CAGR of 3.5% from 2019 to 2023. For the next ten years, the global chickpea milk industry is projected to advance at a CAGR of 4.8% CAGR, indicating a spike of 1.3% CAGR compared to historical growth rate.
Increasing popularity of veganism and plant-based diets is driving demand for non-dairy choices like garbanzo milk. It's becoming a preferred choice for people who choose not to consume animal products due to ethical reasons, lactose intolerance, allergies, or dietary preferences.
Chickpea milk fits well into these lifestyles and offers a nutritious and sustainable alternative to conventional dairy. This reflects a broader shift towards healthier and more environmentally conscious food preferences, where consumers are actively searching for products that go with their values and dietary needs.
Consumers are shifting towards healthier dietary choices, influenced by growing concerns for lactose intolerance, allergies, and the detected health risks associated with traditional dairy products. Garbanzo milk has emerged as a beneficial alternative in response to these issues. It offers a plant-based solution that is naturally high in protein and fiber, appealing to individuals searching to enhance their nutritional consumption.
Beyond its nutritious benefits, chickpea milk is appreciated for being lactose-free, gluten-free, and suitable for vegans and those with dairy allergies. This goes with overall trends towards sustainable and health-conscious eating habits, driving its popularity and pushing global chickpea milk sales growth.
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Regional and local brands in the chickpea milk sector represent an important segment that suits cost-conscious consumers who are searching for health-focused and natural products. These brands are typically offered by retailers who source garbanzo milk from manufacturers and package it under their labels.
By doing this, retailers can control pricing, quality, and branding, and often offer more affordable alternatives compared to branded products. This approach allows them to meet the growing demand for chickpea milk without compromising on quality or consumer preferences for organic, non-GMO, and sustainable options. Hence the regional players hold around 50% to 60% of the industry.
Regional brands like Yofi, Yofiit, EPIC’C (Growth Well), Tally Foods Inc., Star Plants, and Califia Farms also benefit from the trust consumers place in the retailer's reputation, leveraging their established customer base and retail presence. They play a vital role in increasing the accessibility of garbanzo milk in specialty stores and supermarkets.
Many start-ups are also emerging in this landscape, offering plant-based milk alternatives to vegans and people with lactose intolerance. They are using extensive marketing strategies to expand their customer base and boost sales. Social media is also becoming a key tool for players to educate people about the benefits of consuming plant-based milk.
The following table shows the estimated growth rates of leading nations. Japan and India are set to record lucrative CAGRs of 4.5% and 4.2%, respectively, through 2034.
| Countries | CAGR 2024 to 2034 |
|---|---|
| India | 4.2% |
| United States | 3.7% |
| Germany | 3.2% |
| Japan | 4.5% |
| Brazil | 3.1% |
The chickpea milk market in India is projected to exhibit a CAGR of 4.2% during the assessment period. By 2034, sales in the nation are expected to total USD 37.4 million.
Chickpeas, known locally as chana, are deeply ingrained in Indian cuisine and used in a variety of traditional dishes like chana masala, chole, and besan-based sweets. This widespread consumption and cultural familiarity make garbanzo milk an easily acceptable and appealing option for Indian consumers.
Since chickpeas are already a trusted and well-loved ingredient, transitioning to chickpea milk requires less consumer education and effort. This inherent familiarity eases the adoption process, which makes garbanzo milk a natural extension of existing dietary habits, hence driving its acceptance and popularity in the Indian market.
The increasing product availability in retail stores and online platforms is making it more accessible to a broader client base. Product innovations, including flavored and fortified options, go with diverse consumer preferences, which enhances its market appeal and drives wider adoption.
Chickpea milk demand in the United States is calculated to rise at a value CAGR of 3.7% during the forecast period. By 2034, the United States is expected to account for 83.1% of the North America market.
A large section of the population in the United States faces challenges with lactose intolerance or dairy allergies. This is prompting people to choose non-dairy milk alternatives such as garbanzo milk.
Unlike dairy milk, chickpea milk provides a lactose-free and hypoallergenic option. This makes it suitable for individuals who experience digestive discomfort or allergic reactions from consuming dairy products.
The milk’s appeal extends beyond health considerations to include ethical and environmental factors, going with wider consumer choices towards plant-based diets and sustainable food choices. Garbanzo milk's ability to offer dietary restrictions and preferences contributes remarkably to its increasing popularity in the market.
Lately, the garbanzo milk market has witnessed a prominent increase in innovation and the introduction of various flavors and fortified formulations. These advancements go with the diverse consumer preferences and dietary requirements, supporting the product's appeal and expanding its market share.
By offering a range of options that enhance taste and nutritional value, garbanzo milk manufacturers can effectively attract a wide range of consumers. It can also help them to expand their competitive edge in the non-dairy milk trade environment.
Consumption of chickpea milk in Japan is projected to increase at a value CAGR of 4.5% over the next ten years. By 2034, the target industry in Japan is estimated to be values at USD 14.5 million. This can be attributed to increasing usage of this plant-based milk in a variety of dishes.
The target milk's versatility in various culinary applications makes it particularly appealing in Japanese cuisine. It is widely used in a variety of dishes, from traditional recipes like miso soup and Japanese-style curries to modern beverages like lattes and smoothies. This adaptability allows it to fit perfectly into both everyday cooking and innovative culinary formations.
Its ability to substitute dairy milk in numerous recipes without compromising taste or texture enhances its acceptance among Japanese consumers. Due to this, garbanzo milk is gaining popularity as a versatile, nutritious, and culturally adaptable ingredient in Japan's diverse food industry.
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The below section offers insights into leading segments of the industry. Based on category, organic segment is set to dominate the industry, holding a value share of 74.3% in 2024. In terms of end use, dairy products segment will likely account for a revenue share of 48.9% in 2024.
| Segment | Organic (Category) |
|---|---|
| Value Share (2024) | 74.3% |
Sales of organic chickpea milk are projected to register a CAGR of 5.9% from 2024 to 2034. This is attributable to growing consumer interest in organic products.
Many consumers perceive organic products as having an excellent taste and high nutritional value than their non-organic options. This is based on the belief that organic farming practices, which avoid synthetic pesticides and fertilizers, result in cleaner and more natural and flavorful ingredients.
The absence of artificial additives and GMOs in organic foods further increases their appeal. This perception strongly pushes the preference for organic plant-based milk, as health-conscious and discerning consumers are searching for what they believe to be the best tasting and most nutritious alternatives available. Consequently, demand for organic milk continues to rise.
| Segment | Dairy Products (End Use) |
|---|---|
| Value Share (2024) | 48.9% |
The dairy products segment is anticipated to advance at 4.1% CAGR during the projection period. It will likely hold a revenue share of 48.9% in 2024 owing to rising usage of this plant-based milk for making cheese, yogurt, and other dairy products and surging demand for plant-based dairy substitutes.
The rise of veganism and plant-based diets has extensively increased the demand for non-dairy alternatives. As more individuals adopt vegan and plant-based lifestyles, they are seeking out nutritious and versatile substitutes for traditional dairy products.
Chickpea milk fits well into these diets, offering plant-based protein, fiber, and other essential nutrients. It attracts health-conscious consumers who prioritize protein-rich, plant-based foods. The target milk provides a safe and digestible alternative for these individuals, which allows them to rejoice milk without adverse effects.
Chickpea milk’s hypoallergenic properties make it suitable for a wide range of consumers, further boosting its demand. As awareness of these benefits grows, garbanzo milk's popularity continues to rise, driven by the convergence of health, dietary preferences, and the need for safe, non-dairy alternatives.
The chickpea milk market encompasses a diverse and dynamic competitive landscape. Leading companies are focusing on research and development, creating new formulations, and sustainable sourcing. Players are also looking to employ environment-friendly practices to satisfy the increasing demand for natural and sustainable ingredients.
Several companies are using innovative packaging to attract customers. Similarly, strategies like celebrity endorsements, partnerships, collaborations, and distribution agreements are becoming prevalent in the industry.
Industry Updates
As per category, the industry has been categorized into organic, and conventional.
In terms of flavor, the chickpea milk market has been categorized into original/unflavored, and flavored. The flavored segment is further divided into chocolate, vanilla, strawberry, blueberry, and others.
Based on end use, the sector is segmented into dairy products, bakery and confectionery, and milk based beverages. The dairy products segment is further categorized into milk, cheese, yogurt, butter, ice cream, and frozen dessert.
Chickpea milk industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
Global revenue is estimated to total USD 189.3 million in 2024.
The target industry exhibits a 3.3% CAGR between 2019 and 2023.
Garbanzo milk sales are projected to surge at a CAGR of around 4.8% through 2034.
Yofi, Yofiit, EPIC’C (Growth Well), Tally Foods Inc., Star Plants, and Califia Farms.
South Asia is projected to hold a revenue share of 36.7% over the forecast period.
North America holds 21.3% share of the global industry.
1. Executive Summary 2. Industry Introduction, Including Taxonomy and Market Definition 3. Market Trends and Success Factors, Including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Category 6.2. Flavor 6.3. End Use 6.4. Region 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Category 7.1. Organic 7.2. Conventional 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Flavor 8.1. Original/Unflavored 8.2. Flavored 8.2.1. Chocolate 8.2.2. Vanilla 8.2.3. Strawberry 8.2.4. Blueberry 8.2.5. Other 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 9.1. Dairy Products 9.1.1. Milk 9.1.2. Cheese 9.1.3. Yogurt 9.1.4. Butter 9.1.5. Ice cream 9.1.6. Frozen Dessert 9.2. Bakery & Confectionary 9.3. Milk based beverages 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. East Asia 10.5. South Asia 10.6. Oceania 10.7. Middle East and Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. Oceania Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Category, Flavor, and End Use for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Yofi 20.2. Yofiit 20.3. EPIC’C (Growth Well) 20.4. Tally Foods Inc. 20.5. Star Plants 20.6. Califia Farms
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Chickpea Milk Market
