Hummus Market Size, Share, and Analysis, By Type (Classic, Roasted Garlic, White Bean, Black Olive, Red Pepper, Others), By Packaging Material (Packaging Materials, Tubs/Cups, Jar/Bottles, Others), By Distribution Channel (Supermarkets and Hypermarkets, C

Hummus Market Size, Share, and Analysis, By Type (Classic, Roasted Garlic, White Bean, Black Olive, Red Pepper, Others), By Packaging Material (Packaging Materials, Tubs/Cups, Jar/Bottles, Others), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Grocery Stores, Online Retails) and Regional Forecasts, 2022-2032

Hummus Market Size, Share, and Analysis, By Type (Classic, Roasted Garlic, White Bean, Black Olive, Red Pepper, Others), By Packaging Material (Packaging Materials, Tubs/Cups, Jar/Bottles, Others), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Grocery Stores, Online Retails) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Hummus Market size was USD 2.76 billion in 2021 and projected to grow from USD 3.5 billion in 2023 to USD 11.1 billion by 2032, exhibiting a CAGR of 13.5% during the forecast period.

Hummus is a thick spread (chunky or creamy) made mainly from smashed chickpeas also known as garbanzo beans and some other healthy materials. Originated in the Middle East, it is today a very well-liked snack globally. Almost all variations are entirely vegan and are used as sandwich spreads and dips. Hummus holds a higher fat content than certain foods, but contains more nutrients that humans really need.

MARKET HIGHLIGHTS

Hummus Market is expected to reach USD 11.1 billion, growing at a CAGR of 13.5% during the forecast period owing to the rising health awareness among major population. Hummus is rich in proteins, vitamins, and minerals, and its intake helps in improving muscle, bone, and strength of the skin, and also lower cholesterol, thus evolving as a nourishing dip. This is majorly boosting the growth of Hummus Market over the forecast period.

Hummus Market Segments:

• Type
• Classic
• Roasted Garlic
• White Bean
• Black Olive
• Red Pepper
• Others
• Packaging Material
• Packaging Materials
• Tubs/Cups
• Jar/Bottles
• Others
• Distribution Channel
• Supermarkets and Hypermarkets
• Convenience Stores
• Grocery Stores
• Online Retails

MARKET DYNAMICS

Growth Drivers

Growing Trend of Veganism is Expected to Boost the Market Growth

Rising Awareness Among Consumers is Expected to Boost the Market Growth

Restraint

Recalls of Hummus from the Market and Availability of Substitutes to Restrain the Market Growth

Key Players

• Nestlé Professional
• Bakkavor Group Plc
• Boar’s Head Brand
• Haliburton International Foods Inc.
• Cedar’s Mediterranean Foods Inc.
• Strauss Group Ltd. (Sabra Dipping Company LLC)
• Kasih Food
• Tribe Mediterranean Foods Inc.
• PELOPAC INC.
• Hannah Foods
• Abraham's Natural Foods
• Hummus Gourmet LLC (Lantana Foods)
• Ithaca Hummus
• Lantana Foods
• Lily’s Foods
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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