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0.000341219290263889 0.000625568698817184 0 -0.000284349408553133 0.00136487716105556 0.00136487716105556 0.00204731574158334 0.00204731574158334
Stock impact report

Growing Demand for On-the-go Plant-based Snacks to Push up the Sales of Chickpea Protein- FMI Gauges Market Trends as Witnessed Across 30+ Countries [Yahoo! Finance]

International Flavors & Fragrances, Inc. (IFF) 
Last international flavors & fragrances, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.iff.com
Company Research Source: Yahoo! Finance
This growth is driven by increasing consumer demand for plant-based protein alternatives, especially in regions where chickpeas are a dietary staple, such as the Indian subcontinent. NEWARK, Del, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The global chickpea protein market has experienced significant growth in recent years, reflecting the rising consumer preference for plant-based nutrition. In 2019, the market was valued at USD 109.9 million, with worldwide demand achieving a compound annual growth rate (CAGR) of 8.0% from 2019 to 2023, propelling the industry to USD 166.8 million in 2024. Projections for the 2024-2034 period predict an even steeper growth trajectory, with a 10.8% CAGR anticipated, leading to a market size of USD 465.2 million by the end of 2034. This remarkable expansion is driven by a surge in global awareness of health, wellness, and sustainable food sources. Chickpea protein has emerged as a standout choice for consumers seeking nutritious, eco-friendly alternatives t Show less Read more
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