What is Global Hummus Market?
The Global Hummus Market is a comprehensive study of the worldwide consumption, production, and sales of hummus, a popular dip or spread made from cooked, mashed chickpeas blended with tahini, lemon juice, and garlic. This market encompasses various types of hummus, including original hummus, red pepper hummus, roasted garlic hummus, black olive hummus, and white bean hummus, among others. The report provides an in-depth analysis of the market size, growth, demand, trends, and forecast for the global hummus market. It also includes a detailed analysis of the market's key players and their strategies, as well as the competitive landscape. The report is designed to provide a clear understanding of the global hummus market and its various aspects, including the market dynamics, regional analysis, competitive landscape, and others. It provides valuable insights into the market's growth prospects, challenges, opportunities, and trends, helping stakeholders make informed business decisions.
Original Hummus, Red Pepper Hummus, Roasted Garlic Hummus, Black Olive Hummus, White Bean Hummus, Others in the Global Hummus Market:
The Global Hummus Market is segmented based on the type of hummus, which includes original hummus, red pepper hummus, roasted garlic hummus, black olive hummus, white bean hummus, and others. Original hummus is the traditional form of hummus, made from cooked, mashed chickpeas blended with tahini, lemon juice, and garlic. Red pepper hummus is a variation of the original hummus, with the addition of roasted red peppers, which gives it a distinct flavor and color. Roasted garlic hummus is another popular variant, which includes roasted garlic for an added depth of flavor. Black olive hummus includes black olives, which give it a unique taste and texture. White bean hummus is a variation of the traditional hummus, made with white beans instead of chickpeas. Each of these types of hummus has its own unique taste and texture, catering to a wide range of consumer preferences.
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores in the Global Hummus Market:
The Global Hummus Market is also segmented based on the distribution channel, which includes supermarkets and hypermarkets, independent retailers, and convenience stores. Supermarkets and hypermarkets are the largest distribution channels for hummus, due to their wide reach and extensive product range. Independent retailers also play a significant role in the distribution of hummus, especially in regions where supermarkets and hypermarkets are less prevalent. Convenience stores are another important distribution channel for hummus, especially in urban areas where consumers seek quick and convenient shopping options. The distribution of hummus through these channels is crucial for the market's growth, as it ensures the product's availability to a wide range of consumers.
Global Hummus Market Outlook:
The Global Hummus Market was valued at US$ 832.5 million in 2022 and is expected to reach a value of US$ 1047.8 million by 2029. This represents a compound annual growth rate (CAGR) of 3.3% during the forecast period from 2023 to 2029. The market is dominated by major producers such as the Strauss Group, Bakkavor, and Tribe Hummus. In 2019, these companies accounted for 45.41%, 6.51%, and 4.84% of the market's revenues, respectively. This data provides a snapshot of the market's current state and its potential growth in the coming years.
| Report Metric | Details |
| Report Name | Hummus Market |
| Accounted market size in 2022 | US$ 832.5 million |
| Forecasted market size in 2029 | US$ 1047.8 million |
| CAGR | 3.3% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Strauss Group, Bakkavor, Tribe Hummus, Boar's Head, Lantana Foods, Finnish Cheese Company, Cedar’s, Athenos, Sevan AB, Hope Foods, Vermont Hummus Company |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
