Chickpeas at the top of the new-ingredients food list

The plant-based foods trend has spurred interest in new ingredients and chickpeas are at the top of the list thanks in part to their appealing nutrient profile.

“The plant-based food and beverage market shows no sign of slowing down,” Shrene White, general manager of The Annex by Ardent Mills, told FoodDive. Ardent is one of many ingredients manufacturers that are trying to follow the changing tides.

Analysts predict that the global chickpea market could grow at a CAGR of nearly 4% by the end of 2022.

InnovoPro recently raised $15 million in a Series B funding to ramp up production of its 70% protein chickpea concentrate.

Read the full article here.