Hummus Market - by Type (Classic, Lentil, Edamame, Garlic, Black and White bean Hummus), by Packaging (Tubs/Cups, Jars/Bottles and others) and by Distribution Channel – Industry Forecast 2027

ID: VPR/F&B/1022 Publishing Year: September 2021 Pages: 112 Format:   


Hummus Market Overview:

The Hummus Market is projected to grow from USD 2.5 billion in 2020 to reach USD 6 billion by 2027; it is expected to grow at a CAGR of 13.32% from 2020 to 2027.

 The study gives the client the most up-to-date information about the Hummus Market. Market value and growth rate, size, production consumption and gross margin, pricings, and other relevant elements are all included in the research. In addition, the research includes thorough information on all of the Hummus Market Distributors, suppliers, and retailers. The research goes through the competitive landscape of all market competitors in great depth. Market players have strategically adjusted their business plans as a result of the pandemic.

Key Players:

  • Sabra Dipping Co., LLC (U.S.)
  • Haliburton International Foods, Inc. (California)
  • Tribe Mediterranean Foods, Inc. (Massachusetts)
  • T. Marzetti (U.S.)
  • Cedar's Mediterranean Foods, Inc. (Massachusetts)
  • Churny Company, Inc. (U.S.)
  • Pita Pal Industries Inc. (Texas)

Covid-19 Impact:

The COVID-19 pandemic has hampered the performance of the Hummus Market, owing to disruptions in raw material production and supply chains, weather-related risks, and other factors. Due to the abrupt closure of national and international borders, the outbreak disrupted operational efficiencies and value chains. However, with many economies attempting to resurrect and standardise their operations, Hummus demand is expected to surge in the near future. In addition, rising consumer demand for a healthy lifestyle and a shift in focus toward foods that enhance immunity will continue to drive Hummus Market Expansion in the future years.

Drivers:

The number of new product launches has increased.

Challenges:

Natural disasters have a variety of consequences.

Trends:

Retail space is expanding.

Market Segmentation:

Hummus Market is divided into three categories: Type, Packaging, and Distribution Method. The rise of different segments aids in the better analysis of growth and strategies for a better market vision.

Classic Hummus, lentil Hummus, edamame hummus, garlic hummus, black hummus, and white bean hummus are the types of Hummus available.

The Hummus Market is divided into tubs/cups, jars/bottles, and different container types.

The Hummus Market is further divided into supermarkets and hypermarkets, independent retailers, convenience stores, and online sellers based on distribution method.

Regional Analysis:

The countries covered in the Hummus Market are the United States, Canada, and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, the United Kingdom, France, Spain, the Netherlands, Belgium, Switzerland, Turkey, Russia, and the Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, and the Philippines in Asia-Pacific (APAC), and Brazil (MEA).

Due to an increase in the number of new product launches, expanding store space, and the introduction of organic variations in response to shifting consumer attitudes regarding processed food in this region, the United States dominates the Hummus Industry. Due to an increase in research and development efforts as well as an increase in demand from the food sector in this region, Europe and Asia-Pacific are predicted to grow in the Hummus Market.

 

 

 



Frequently Asked Questions
Hummus Market is predicted to grow at 13.32% through forecast period of 2020-2027
By 2027, worth USD 6 million is estimated for the Hummus Market.
Rising Consumer Demand for a healthy lifestyle and a shift in focus toward foods that enhance immunity will continue to drive Hummus Market Expansion in the future years.
Sabra Dipping Co., LLC (U.S.), Haliburton International Foods, Inc. (California), Tribe Mediterranean Foods, Inc. (Massachusetts), T. Marzetti (U.S.), Cedar's Mediterranean Foods, Inc. (Massachusetts), Churny Company, Inc. (U.S.), Pita Pal Industries Inc. (Texas)

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