The global demand for Hummus Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Hummus is a beautiful Middle Eastern dip prepared with mashed cooked chickpeas, tahini, lemon juice, and garlic. In Middle Eastern cuisine, hummus is usually served as a dip with pita bread. Hummus is a famous spread that contains a lot of minerals, vitamins, protein, and fiber. Due to the diversity of distribution channels, hummus has also found a place in retail stores and supermarkets. It's free of common allergies and irritants like nuts, gluten, and dairy by nature. In meals like sandwiches, bread, crackers, and chips, it can also substitute creamy salad dressings, mayonnaise, sour cream, ranch dressing, and other condiments.
Market Dynamics
Increasing the number of new product launches, and expanding retail space, increasing the introduction of organic variants as a response to shifting consumer attitudes toward processed foods, increasing research and development activities, and growing demand from the food sector in emerging economies, are among the significant factors driving the hummus market. Hummus' benefits, such as enhanced digestive health, optimal weight loss, improved blood sugar control, anti-inflammatory properties, and reduced heart disease risks, are driving up the demand of the hummus market. Furthermore, modernization and technological developments in production techniques will generate new chances for the hummus market in the projected period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hummus. The growth and trends of hummus industry provide a holistic approach to this study.
Market Segmentation
This section of the hummus market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Original/Classic
- Red Pepper
- Black Olive
- White Bean
- Others
By Packaging Type
- Tubs And Cups
- Jars And Bottles
- Others
By End Users
- Supermarkets And Hypermarkets
- Convenience Stores
- Online Retail
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Hummus market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Hummus Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hummus market include Bakkavor Group, Cedar's Mediterranean Foods Inc., Haliburton International Foods, Strauss Group, Tribe Hummus, Hope Foods, LLC, Fountain of Health, Hummus Goodness, Boar's Head Brand, Lantana Foods. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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