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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, C

Publisher Fatpos Global
Published Nov 01, 2023
Length 409 Pages
SKU # FAGL18435239

Description

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


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 to grow from USD 3.5 billion in 2023 to 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 also known as garbanzo 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 to reach USD 11.1 billion, growing at a CAGR of 13.5% during the forecast period owing to 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 also 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 to Boost the Market Growth

Rising Awareness Among Consumers is Expected to Boost the Market Growth

Restraint

Recalls of Hummus from the Market and Availability of Substitutes to Restrain the Market Growth

Key Players
  • Nestlé 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 to 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 to witness the fastest growth as well as to 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 to 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 into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*

Table of Contents

409 Pages
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.Nestlé 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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