Market Overview:
The global hummus market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy and convenient snacks, increasing awareness about the health benefits of hummus, and growing number of vegan consumers. The global hummus market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into original hummus, red pepper hummus, roasted garlic hummus, black olive humususiwhite beanhumusuand others. Original Hummosaccounts for majority share in terms of value in 2017 and is projected to maintain its dominance duringthe forecast period owingtoits high demand from both developed as well as developing countries across all regions studied herein.
Product Definition:
Hummus is a dip or spread made from cooked, mashed chickpeas blended with tahini, olive oil, lemon juice, garlic and salt. It is popular in the Middle East and North Africa.
Original Hummus:
The Original hummus is a Middle Eastern dip or spread made of chickpeas, olive oil, lemon juice and garlic. It is served with vegetables such as carrots and celery in many restaurants. The growth factor in the Hummus market is that it has been around for thousands of years; whereas the dip was only introduced to western countries recently (late 70s). There are regional variations across the world but original hummus consists of these basic ingredients.
Red Pepper Hummus:
Red pepper hummus is a new product in the Hummus market. It has been around for about two years and it is still considered to be a novel product. The main reason that this product has not been around for much longer than that is because it was only launched in 2012. However, its time on the shelves has not reduced its popularity one bit; quite the contrary, in fact.
Application Insights:
The supermarkets and hypermarkets segment accounted for a revenue share of more than 70% in 2017. The hummus is widely used as a dips with various foods such as bread, pita, chips, pretzels, and crackers. It is also sold in its own right as an appetizer or snack food at restaurants, cafes and food trucks. Increasing number of hummus fans who are constantly on the lookout for new ways to prepare the dip will drive demand over the forecast period.
The independent retailers segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing penetration of health-conscious individuals who prefer buying their favorite dips from specialty stores instead of convenience stores or supermarkets where it can be purchased only in limited flavors and varieties.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for a share of more than 30%. The region is expected to continue its dominance over the forecast period. Israel, France, U.K., Germany are some of the prominent markets in this region. North America is also anticipated to be a promising market with significant growth opportunities due to increasing demand from U.S and Canada as well as other countries in this region like Mexico, Puerto Rico, etc.
Asia Pacific is projected to be one of the fastest-growing regions at an estimated CAGR of XX% from 2018 to 2030 owing to rising disposable income levels among consumers along with growing population especially in India.
Growth Factors:
- Increasing demand for healthy and convenient snacks: The hummus market is benefiting from the growing demand for healthier and convenient snacking options. This is driven by the rising number of working women, changing lifestyles, and increasing awareness about the health benefits of hummus.
- Rising popularity of Mediterranean cuisine: Hummus is a key ingredient in Mediterranean cuisine, which is becoming increasingly popular around the world. This has helped to drive demand for hummus products.
- Innovative product offerings: Manufacturers are introducing innovative new flavors and varieties of hummus to appeal to different consumers segments. This has helped to boost sales growth in the category.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hummus Market Research Report
By Type
Original Hummus, Red Pepper Hummus, Roasted Garlic Hummus, Black Olive Hummus, White Bean Hummus, Others,
By Application
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores,
By Companies
Strauss Group, Bakkavor, Tribe Hummus, Boar's Head, Lantana Foods, Finnish Cheese Company, Cedar’s, Athenos, Sevan AB, Hope Foods, Vermont Hummus Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Hummus Market Report Segments:
The global Hummus market is segmented on the basis of:
Types
Original Hummus, Red Pepper Hummus, Roasted Garlic Hummus, Black Olive Hummus, White Bean Hummus, Others,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Strauss Group
- Bakkavor
- Tribe Hummus
- Boar's Head
- Lantana Foods
- Finnish Cheese Company
- Cedar’s
- Athenos
- Sevan AB
- Hope Foods
- Vermont Hummus Company
Highlights of The Hummus Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Original Hummus
- Red Pepper Hummus
- Roasted Garlic Hummus
- Black Olive Hummus
- White Bean Hummus
- Others
- By Application:
- Supermarkets and Hypermarkets
- Independent Retailers
- Convenience Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hummus Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hummus is a Middle Eastern dip made from ground chickpeas, tahini (a paste made from sesame seeds and water), lemon juice, garlic, salt and olive oil.
Some of the major companies in the hummus market are Strauss Group, Bakkavor, Tribe Hummus, Boar's Head, Lantana Foods, Finnish Cheese Company, Cedar¢â‚¬â„¢s, Athenos, Sevan AB, Hope Foods, Vermont Hummus Company.
The hummus market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hummus Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hummus Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hummus Market - Supply Chain
4.5. Global Hummus Market Forecast
4.5.1. Hummus Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hummus Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hummus Market Absolute $ Opportunity
5. Global Hummus Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hummus Market Size and Volume Forecast by Type
5.3.1. Original Hummus
5.3.2. Red Pepper Hummus
5.3.3. Roasted Garlic Hummus
5.3.4. Black Olive Hummus
5.3.5. White Bean Hummus
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hummus Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hummus Market Size and Volume Forecast by Application
6.3.1. Supermarkets and Hypermarkets
6.3.2. Independent Retailers
6.3.3. Convenience Stores
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hummus Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hummus Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hummus Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hummus Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hummus Demand Share Forecast, 2019-2026
9. North America Hummus Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hummus Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hummus Market Size and Volume Forecast by Application
9.4.1. Supermarkets and Hypermarkets
9.4.2. Independent Retailers
9.4.3. Convenience Stores
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hummus Market Size and Volume Forecast by Type
9.7.1. Original Hummus
9.7.2. Red Pepper Hummus
9.7.3. Roasted Garlic Hummus
9.7.4. Black Olive Hummus
9.7.5. White Bean Hummus
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hummus Demand Share Forecast, 2019-2026
10. Latin America Hummus Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hummus Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hummus Market Size and Volume Forecast by Application
10.4.1. Supermarkets and Hypermarkets
10.4.2. Independent Retailers
10.4.3. Convenience Stores
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hummus Market Size and Volume Forecast by Type
10.7.1. Original Hummus
10.7.2. Red Pepper Hummus
10.7.3. Roasted Garlic Hummus
10.7.4. Black Olive Hummus
10.7.5. White Bean Hummus
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hummus Demand Share Forecast, 2019-2026
11. Europe Hummus Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hummus Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hummus Market Size and Volume Forecast by Application
11.4.1. Supermarkets and Hypermarkets
11.4.2. Independent Retailers
11.4.3. Convenience Stores
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hummus Market Size and Volume Forecast by Type
11.7.1. Original Hummus
11.7.2. Red Pepper Hummus
11.7.3. Roasted Garlic Hummus
11.7.4. Black Olive Hummus
11.7.5. White Bean Hummus
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y--Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hummus Demand Share, 2019-2026
12. Asia Pacific Hummus Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hummus Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hummus Market Size and Volume Forecast by Application
12.4.1. Supermarkets and Hypermarkets
12.4.2. Independent Retailers
12.4.3. Convenience Stores
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hummus Market Size and Volume Forecast by Type
12.7.1. Original Hummus
12.7.2. Red Pepper Hummus
12.7.3. Roasted Garlic Hummus
12.7.4. Black Olive Hummus
12.7.5. White Bean Hummus
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hummus Demand Share, 2019-2026
13. Middle East & Africa Hummus Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hummus Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hummus Market Size and Volume Forecast by Application
13.4.1. Supermarkets and Hypermarkets
13.4.2. Independent Retailers
13.4.3. Convenience Stores
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hummus Market Size and Volume Forecast by Type
13.7.1. Original Hummus
13.7.2. Red Pepper Hummus
13.7.3. Roasted Garlic Hummus
13.7.4. Black Olive Hummus
13.7.5. White Bean Hummus
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hummus Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hummus Market: Market Share Analysis
14.2. Hummus Distributors and Customers
14.3. Hummus Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Strauss Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bakkavor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tribe Hummus
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Boar's Head
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lantana Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Finnish Cheese Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cedars
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Athenos
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sevan AB
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hope Foods
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Vermont Hummus Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
