MarkNtel Advisors has recently published a research report that delves into the Global Hummus Market Research Report: Forecast (2024-2030). This report aims to improve user comprehension and facilitate informed decision-making by thoroughly examining significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. Utilizing both qualitative and quantitative data, the report provides a comprehensive overview, offering detailed growth prospects and succinct insights into competitors to familiarize both established businesses and newcomers with the current market scenario.
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Hummus Market Insight and Analysis:
The Global Hummus Market size was valued at USD 4.5 billion in 2023 & is projected to reach USD 8.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.58% during the forecast period, i.e. 2024-2030.
Hummus Market Driver:
Surging Inclination Towards Premium & Flavored Dips – The increasing demand for unique and high-quality flavors in dips among consumers is playing a significant role in enhancing market expansion. Consumers nowadays are increasingly prioritizing dips that contain immunity-boosting premium and flavored ingredients since they help improve brain & heart health. Additionally, the ingredients, like natural herbs and spices in the dips are also becoming immensely popular since these dips help in enhancing the flavor as well as provide protection from acute and chronic diseases. In response to this growing demand, manufacturers are continuously developing innovative & premium dips that match the evolving consumer preferences and tastes
Hummus Industry Segmentation Insights:
-By Type
-Classic Hummus– Market Size & Forecast, 2019-2030, USD Million
-Roasted Garlic Hummus– Market Size & Forecast, 2019-2030, USD Million
-Lentil Hummus- Market Size & Forecast, 2019-2030, USD Million
-White Bean Hummus- Market Size & Forecast, 2019-2030, USD Million
-Black Olive hummus- Market Size & Forecast, 2019-2030, USD Million
-Others (Red Pepper Hummus, Edamame Hummus, etc.)– Market Size & Forecast, 2019-2030, USD Million
-By Packaging Type
-Tubs/Cups- Market Size & Forecast, 2019-2030, USD Million
-Pouch- Market Size & Forecast, 2019-2030, USD Million
-Bottles/Jars– Market Size & Forecast, 2019-2030, USD Million
-By Application
-Paste & Spreads- Market Size & Forecast, 2019-2030, USD Million
-Sauces & Dips- Market Size & Forecast, 2019-2030, USD Million
-Desserts- Market Size & Forecast, 2019-2030, USD Million
-Others (Confectionery, etc.)- Market Size & Forecast, 2019-2030, USD Million
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-By End User
-Households- Market Size & Forecast, 2019-2030, USD Million
-Food Service Outlets- Market Size & Forecast, 2019-2030, USD Million
-By Sales Channel
-Offline Stores- Market Size & Forecast, 2019-2030, USD Million
-Supermarkets/Hypermarkets- Market Size & Forecast, 2019-2030, USD Million
-Convenience Stores- Market Size & Forecast, 2019-2030, USD Million
-Grocery Stores- Market Size & Forecast, 2019-2030, USD Million
-Others (Specialty Stores, etc.)- Market Size & Forecast, 2019-2030, USD Million
-Online Retails– Market Size & Forecast, 2019-2030, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Top Companies in Global Hummus Market : 2024-2030
A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including Athenos, Cedar’s Mediterranean Foods, Inc., Haliburton International Foods, Inc., Strauss Group, Ltd., Tribe Hummus, Bakkavor Group Plc, Boar’s Head Brand, Aliments du Québec (Hummus Gourmet, LLC), The Kraft Heinz Company, Hope Foods, LLC, Sabra Dipping Co., LLC, Marzetti Company, Sevan AB, Lantana Foods, Hummus Goodness, and Others
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
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