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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

December 2023 | 409 pages | ID: H37708DBB05DEN
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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 t%li%grow from USD 3.5 billion in 2023 t%li%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 als%li%known as garbanz%li%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 t%li%reach USD 11.1 billion, growing at a CAGR of 13.5% during the forecast period owing t%li%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 als%li%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 t%li%Boost the Market Growth

Rising Awareness Among Consumers is Expected t%li%Boost the Market Growth

Restraint

Recalls of Hummus from the Market and Availability of Substitutes t%li%Restrain the Market Growth

Key Players
  • Nestlй 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 t%li%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 t%li%witness the fastest growth as well as t%li%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 t%li%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 int%li%the market through Value Chain
    • Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
  • 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY

1.1.Regional Market Share
1.2. Business Trends
1.3. Hummus Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
  2.5.1.Paid Sources
  2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1. Market Definition
3.2.Hummus Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data

4. HUMMUS MARKET – INDUSTRY INSIGHTS

4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7.MARKET DYNAMICS

7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends

8. MARKET ANALYSIS

8.1. Porters Five Forces
8.2. PEST Analysis
  8.2.1. Political
  8.2.2.Economic
  8.2.3.Social
  8.2.4.Technological

9. HUMMUS MARKET

9.1. Overview
9.2.Historical Analysis (2016-2021)
  9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

10. HUMMUS MARKET SIZE & FORECAST 2022A-2032F

10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
  10.3.1. By Type
    10.3.1.1.Classic
      10.3.1.1.1.By Value (USD Million) 2022-2032F
      10.3.1.1.2. Market Share (%) 2022-2032F
      10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
    10.3.1.2. Roasted Garlic
      10.3.1.2.1. By Value (USD Million) 2022-2032F
      10.3.1.2.2.Market Share (%) 2022-2032F
      10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
    10.3.1.3. White Bean
      10.3.1.3.1. By Value (USD Million) 2022-2032F
      10.3.1.3.2.Market Share (%) 2022-2032F
      10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
    10.3.1.4. Black Olive
      10.3.1.4.1.By Value (USD Million) 2022-2032F
      10.3.1.4.2. Market Share (%) 2022-2032F
      10.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
    10.3.1.5. Red Pepper
      10.3.1.5.1. By Value (USD Million) 2022-2032F
      10.3.1.5.2.Market Share (%) 2022-2032F
      10.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
    10.3.1.6. Others
      10.3.1.6.1. By Value (USD Million) 2022-2032F
      10.3.1.6.2.Market Share (%) 2022-2032F
      10.3.1.6.3.Y-o-Y Growth (%) 2022-2032F
  10.3.2.By Packaging Material
    10.3.2.1. Packaging Materials
      10.3.2.1.1. By Value (USD Million) 2022-2032F
      10.3.2.1.2.Market Share (%) 2022-2032F
      10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
    10.3.2.2.Tubs/Cups
      10.3.2.2.1.By Value (USD Million) 2022-2032F
      10.3.2.2.2. Market Share (%) 2022-2032F
      10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
    10.3.2.3.Jar/Bottles
      10.3.2.3.1.By Value (USD Million) 2022-2032F
      10.3.2.3.2. Market Share (%) 2022-2032F
      10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
    10.3.2.4.Others
      10.3.2.4.1. By Value (USD Million) 2022-2032F
      10.3.2.4.2.Market Share (%) 2022-2032F
      10.3.2.4.3.Y-o-Y Growth (%) 2022-2032F
  10.3.3.By Distribution Channel
    10.3.3.1. Supermarkets and Hypermarkets
      10.3.3.1.1. By Value (USD Million) 2022-2032F
      10.3.3.1.2.Market Share (%) 2022-2032F
      10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
    10.3.3.2.Convenience Stores
      10.3.3.2.1.By Value (USD Million) 2022-2032F
      10.3.3.2.2. Market Share (%) 2022-2032F
      10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
    10.3.3.3.Grocery Stores
      10.3.3.3.1.By Value (USD Million) 2022-2032F
      10.3.3.3.2.Market Share (%) 2022-2032F
      10.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
    10.3.3.4.Online Retails
      10.3.3.4.1. By Value (USD Million) 2022-2032F
      10.3.3.4.2.Market Share (%) 2022-2032F
      10.3.3.4.3.Y-o-Y Growth (%) 2022-2032F

11.NORTH AMERICA HUMMUS MARKET SIZE & FORECAST 2022A-2032F

11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
  11.3.1.By Type
  11.3.2. By Packaging Material
  11.3.3. By Distribution Channel
11.4.Country
  11.4.1. United States
  11.4.2.Canada

12. EUROPE HUMMUS MARKET SIZE & FORECAST 2022A-2032F

12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1. By Type
  12.3.2.By Packaging Material
  12.3.3.By Distribution Channel
12.4. Country
  12.4.1.Germany
  12.4.2. United Kingdom
  12.4.3. France
  12.4.4. Italy
  12.4.5. Spain
  12.4.6. Russia
  12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

13. ASIA HUMMUS MARKET SIZE & FORECAST 2022A-2032F

13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1. By Type
  13.3.2.By Packaging Material
  13.3.3.By Distribution Channel
13.4. Country
  13.4.1.India
  13.4.2. China
  13.4.3. South Korea
  13.4.4. Japan
  13.4.5. Rest of APAC

14. MIDDLE EAST AND AFRICA HUMMUS MARKET SIZE & FORECAST 2022A-2032F

14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
  14.3.1. By Type
  14.3.2.By Packaging Material
  14.3.3.By Distribution Channel
14.4. Country
  14.4.1.Israel
  14.4.2. GCC
  14.4.3. North Africa
  14.4.4. South Africa
  14.4.5. Rest of Middle East and Africa

15. LATIN AMERICA HUMMUS MARKET SIZE & FORECAST 2022A-2032F

15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1. By Type
  15.3.2.By Packaging Material
  15.3.3.By Distribution Channel
15.4. Country
  15.4.1.Mexico
  15.4.2. Brazil
  15.4.3. Rest of Latin America

16. COMPETITIVE LANDSCAPE

16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders

17. COMPANY PROFILES

17.1.Nestlй Professional
  17.1.1.Company Overview
  17.1.2. Financial Overview
  17.1.3. Key Product; Analysis
  17.1.4.Company Assessment
    17.1.4.1.Product Portfolio
    17.1.4.2. Key Clients
    17.1.4.3. Market Share
    17.1.4.4. Recent News & Development (Last 3 Yrs.)
    17.1.4.5. Executive Team
17.2. Bakkavor Group Plc
17.3. Boar’s Head Brand
17.4. Haliburton International Foods Inc.
17.5. Cedar’s Mediterranean Foods Inc.
17.6. Strauss Group Ltd. (Sabra Dipping Company LLC)
17.7. Kasih Food
17.8. Tribe Mediterranean Foods Inc.
17.9. PELOPAC INC.
17.10. Hannah Foods
17.11.Abraham's Natural Foods
17.12. Hummus Gourmet LLC (Lantana Foods)
17.13. Ithaca Hummus
17.14. Lantana Foods
17.15. Lily's Foods
17.16. Other Prominent Players

18. APPENDIX

19. CONSULTANT RECOMMENDATION



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