The Hummus Market will be worth USD 6682.18 million By 2030, driven by the growing trend toward healthy eating

Hummus Market is predicted to reach USD 7.41 billion at a CAGR of 12.84% during the forecast period


Market Research Future (MRFR) has published a cooked research report on the “Global Hummus Market” that contains information from 2018 to 2032. The Hummus market is estimated to register a CAGR of 12.84% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Hummus market— Haliburton International Foods Inc. (California), Sabra Dipping Co. LLC (U.S.), T. Marzetti (U.S.), Tribe Mediterranean Foods Inc. (Massachusetts), Churny Company Inc. (U.S.), Cedar's Mediterranean Foods Inc. (Massachusetts), and Pita Pal Industries Inc. (Texas)


Market Highlights


The global Hummus market is accounted to register a CAGR of 12.84% during the forecast period and is estimated to reach USD 7.41 billion by 2032.


The Hummus Market encompasses the production and distribution of a popular Middle Eastern dip made from cooked and mashed chickpeas, blended with tahini, lemon juice, garlic, and other seasonings. It caters to the growing consumer demand for healthy and flavorful plant-based snacks, and it is available in various flavors and formats to suit different preferences.


Segment Analysis


The global Hummus market has been segmented based on Type, Packaging material and  Distribution Channel.


On the basis of Type, the market is segmented into classic, lentil, garlic, edamame, white, black, and others. Due to its well-known and authentic taste, which is pleasing to a variety of palates, the classic sector has dominated the market.


Based on packaging material, the global Hummus market has been segmented into packaging materials, Tubs/Cups, jars/bottles, and others. Due to its mobility, simplicity, and ease of use, tubs and cups dominated the market. They are the favoured packaging medium for hummus. With these packaging choices, consumers can easily enjoy hummus at home, at work, or when travelling. They also give a ready-to-eat and ready-to-serve solution.


Based on distribution channels, the global Hummus market has been segmented into convenience stores, supermarkets, hypermarkets, and e-commerce. The supermarket segment dominated the market since it is easily accessible to a large number of people and has a broad reach.


Regional Analysis


The global Hummus market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Hummus market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Hummus market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Hummus market comprises of Middle East, Africa, and Latin America.


The North American Hummus Market dominated this market in 2022. The market expansion in this region would be boosted by the rising production and consumption of dips and spreads.


Additionally, the second-largest market share for Hummus is held by Europe's. the low price of bariatric surgery and the increase of persons with diabetes


 


 The European Region's fastest-growing market for hummus was in the United Kingdom, which also had the biggest market share.


From 2023 to 2032, the Asia-Pacific hummus market is anticipated to develop at the fastest rate. This is brought on by rising per capita disposable income, increased awareness of a healthy lifestyle, and good nutrition. In addition, the Indian hummus market had the highest rate of growth in the Asia-Pacific region, while China's hummus market had the largest market share.


Key Findings of the Study



  • The global Hummus market is expected to reach USD 7.41 billion by 2032, at a CAGR of 12.84% during the forecast period.

  • The North American Hummus Market dominated this market in 2022. The market expansion in this region would be boosted by the rising production and consumption of dips and spreads.

  • Based on distribution channels, The supermarket segment dominated the market since it is easily accessible to a large number of people and has a broad reach.

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

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Companies Covered 15
Pages 116
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