The hummus market was valued at US$ 4,577.35 million in 2020 and is projected to reach US$ 8,267.07 million by 2028; it is expected to grow at a CAGR of 7.6% from 2021 to 2028.
Hummus is a well-known Middle Eastern dip and spread that has high mineral, vitamin, protein, and fiber content. All the main ingredients of hummus chickpeas, garlic, sesame seeds or paste (tahini), and olive oil are recognized as superfoods. Chickpeas are high on iron, phosphorus, and vitamin B complex. Tahini has high zinc, calcium, copper, and phosphorous content. Lemon juice is an excellent source of vitamin C and antioxidants. Garlic, which adds flavor to hummus, is enriched with antioxidants, and trace minerals and vitamins.
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The Covid-19 pandemic and resulting safety measures have affected global markets to a great extent. Supply chain problems have resulted in shortages, rise in prices, and limited availability of some products. Various prominent businesses declared bankruptcy which has increased uncertainty in the stock market.
The global Hummus Market report sheds a light on the impact of COVID-19 on each segment and geography and also showcases market trends and forecast to 2027, thus covering COVID-19 impact thoroughly.
Our Sample Report includes a brief introduction of the research report, TOC, list of tables and figures, competitive landscape rundown and geographic segmentation overview, innovation and future developments based on research methodology.
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The research literature includes data from primary and secondary sources. A detailed company profile of each player is provided including organic and inorganic growth strategies, partnerships, collaborations, product launches, product approvals, expansions and other key developments. These activities have paved way for the expansion of businesses and enlarged the customer base of leading market players. Our full report provides exclusive access to crucial data about leading companies such as their growth rate, market share, valuation, SWOT analysis and strategies used to maximise profits or deal with issues.
Some of the key players profiled in the report are:
- 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
The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Hummus Market in these regions.
The report provides a detailed rundown of the industry after examining both qualitative and quantitative aspects. It also entails market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Hummus Market for each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Promising Regions & Countries Mentioned in Global Hummus Market Report:
- North America
- Latin America
- The Middle East & Africa
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Key Features of Hummus Market Report:
- Identify the growth, size, leading players and segments in the global Hummus Market.
- Highlight key business priorities and help companies in adopting business strategies accordingly.
- The key findings and recommendations highlight crucial progressive industry trends in the global Hummus Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by gaining actionable insights about organic and inorganic growth strategies adopted by other players.
- Analyse global market trends and outlook thoroughly along with the factors driving and hindering the market.
Hummus Market, by Type
- Red Pepper
- Black Olive
- White Bean
Hummus Market, by Packaging Type
- Tubs and Cups
- Jars and Bottles
Hummus Market, by Packaging Type
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
The report also covers a detailed chapter of the analysis on COVID-19 impact on this market at global and regional level in our final reports.
This research provides detailed information regarding the major factors influencing the growth of the Hummus Market in Global and Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.
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