Global Hummus Market Research Report 2023(Status and Outlook)
Report Overview
Hummus is a Levantine dip or spread made from cooked, mashed chickpeas or other beans, blended with tahini, olive oil, lemon juice, salt, and garlic. It is popular in the Middle East and Mediterranean, as well as in Middle Eastern cuisine around the globe. It can also be found in most grocery stores in North America and Europe.
Major producers in the industry include the Strauss Group, Bakkavor and Tribe Hummus, which accounted for 45.41%, 6.51% and 4.84% of revenues in 2019, respectively.
The Global Hummus Market Size was estimated at USD 806.80 million in 2022 and is projected to reach USD 1012.67 million by 2029, exhibiting a CAGR of 3.30% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Hummus market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Hummus Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Hummus market in any manner.
Global Hummus Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Strauss Group
Bakkavor
Tribe Hummus
Boar's Head
Lantana Foods
Finnish Cheese Company
Cedar’s
Athenos
Sevan AB
Hope Foods
Vermont Hummus Company
Market Segmentation (by Type)
Original Hummus
Red Pepper Hummus
Roasted Garlic Hummus
Black Olive Hummus
White Bean Hummus
Others
Market Segmentation (by Application)
Proofing Print
Small Volume Production
Design Teaching
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Hummus Market
Overview of the regional outlook of the Hummus Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors