Hummus Market Size, Share and Global Industry Analysis, Report 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “Hummus Market Report by Type (Classic, Lentil, Edamame, Garlic, Black, White, and Others), Packaging Type (Tubs/Cups, Jars/Bottles, and Others), Distribution Channel (Convenience Stores, Supermarkets and Hypermarkets, Online Stores, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the global hummus market.

How Big Is the Hummus Market?

The global hummus market size reached US$ 4.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8.22% during 2024-2032.

Factors Affecting the Growth of the Hummus Industry:

Rising Health Consciousness and Dietary Trends:

The increasing awareness of health and wellness among consumers significantly drives the growth of the hummus industry. As a nutrient-dense food rich in protein, fiber, and healthy fats, hummus aligns perfectly with current dietary trends favoring natural, wholesome ingredients. Additionally, the rise in popularity of plant-based diets, vegetarianism, and veganism further boosts demand, as hummus is an excellent source of plant-based protein. Moreover, its low glycemic index and suitability for various dietary needs, such as gluten-free and keto-friendly diets, make it a versatile choice for health-conscious individuals, contributing to its widespread adoption.

Innovation in Flavors and Packaging:

The continuous innovation in hummus flavors and packaging plays a crucial role in expanding its market reach. Additionally, traditional hummus varieties are being complemented by new, exciting flavors incorporating ingredients like roasted red pepper, garlic, beetroot, and avocado, catering to diverse taste preferences. Moreover, convenient packaging options such as single-serve portions and ready-to-eat packs enhance consumer appeal, particularly among busy, on-the-go individuals. Furthermore, these innovations attract a broader consumer base and encourage frequent consumption by offering variety and convenience, thus driving the growth of the market.

Expansion of Distribution Channels:

The expansion of distribution channels, including supermarkets, specialty stores, and online retail platforms, significantly impacts the growth of the hummus industry. Additionally, wider availability through these channels ensures that hummus products reach a larger audience, including health-conscious consumers and those seeking convenient meal options. Moreover, the rise of e-commerce and online grocery shopping has particularly boosted accessibility, allowing consumers to explore and purchase a variety of hummus products from the comfort of their homes. This increased accessibility, coupled with targeted marketing efforts and promotional activities, drives higher consumer engagement and sales, contributing to the growth of the industry.

For an in-depth analysis, you can refer sample copy of the report : https://www.imarcgroup.com/hummus-market/requestsample

Leading Companies Operating in the Global Hummus Industry:

Athenos
Bakkavor Group
Boar's Head Provision Co. Inc.
Cedar’s Mediterranean Foods Inc
Haliburton International Foods, Inc.
Hope Foods, LLC (Savencia Fromage & Dairy)
Hummus Goodness
Lantana Foods
Sabra Dipping Company, LLC
Sevan AB,
Strauss Group Ltd.
T. Marzetti Company (Lancaster Colony Corporation)
Tribe Hummus

Hummus Market Report Segmentation:

By Type:

Classic
Lentil
Edamame
Garlic
Black
White
Others

Classic dominates the market due to its traditional, versatile flavor that complements a wide range of dishes.

By Packaging Type:

Tubs/Cups
Jars/Bottles
Others

Tubs/cups account for the largest market share as they are convenient and practical for both individual consumption and family use.

By Distribution channel:

Convenience Stores
Supermarkets and Hypermarkets
Online Stores
Others

Supermarkets and hypermarkets represent the largest segment as they offer a wide variety of hummus products, attracting many shoppers seeking diverse options and one-stop convenience.

Regional Insights:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

North America's dominance in the hummus market is attributed to high consumption of health foods and widespread adoption of Mediterranean diets.

Global Hummus Market Trends:

The global hummus market is experiencing robust growth driven by several key trends. Additionally, the increasing demand for healthy and nutritious snacks is boosting hummus consumption, as it is recognized for its high protein and fiber content. Moreover, the rise of plant-based diets and vegetarianism is also propelling market growth, with hummus serving as a popular plant-based protein source.

Additionally, the expanding variety of hummus flavors and convenient packaging options are attracting a broader consumer base. Furthermore, the growing popularity of Mediterranean and Middle Eastern cuisines worldwide further fuels the demand for hummus, positioning it as a staple in global diets.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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