According to Markntel Advisors Report, Hummus Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Hummus is a creamy, savory dip or spread made primarily from cooked, mashed chickpeas blended with tahini (a paste made from sesame seeds), olive oil, lemon juice, garlic, and salt.

Hummus Market Research Report & Summary:

The Global Hummus Market size was valued at USD 4.5 billion in 2023 & is projected to reach USD 8.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.58% during the forecast period, i.e. 2024-2030.                     

Time Period Captured in the Report:

·        Historical Years: 2019-2022

·        Base Years: 2023

·        Forecast Years: 2024-2030

Who are the Key Players Operating in the Hummus Market?

The top companies of the Hummus Market ruling the industry are: 

Athenos, Cedar’s Mediterranean Foods, Inc., Haliburton International Foods, Inc., Strauss Group, Ltd., Tribe Hummus, Bakkavor Group Plc, Boar’s Head Brand, Aliments du Québec (Hummus Gourmet, LLC), The Kraft Heinz Company, Hope Foods, LLC, Sabra Dipping Co., LLC, Marzetti Company, Sevan AB, Lantana Foods, Hummus Goodness, and Others

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What is included in Hummus Market Segmentation?

The Hummus Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Type
  • Classic Hummus– Market Size & Forecast, 2019-2030, USD Million
  • Roasted Garlic Hummus– Market Size & Forecast, 2019-2030, USD Million
  • Lentil Hummus- Market Size & Forecast, 2019-2030, USD Million
  • White Bean Hummus- Market Size & Forecast, 2019-2030, USD Million
  • Black Olive hummus- Market Size & Forecast, 2019-2030, USD Million
  • Others (Red Pepper Hummus, Edamame Hummus, etc.)– Market Size & Forecast, 2019-2030, USD Million
• By Packaging Type
  • Tubs/Cups- Market Size & Forecast, 2019-2030, USD Million
  • Pouch- Market Size & Forecast, 2019-2030, USD Million
  • Bottles/Jars– Market Size & Forecast, 2019-2030, USD Million
• By Application
  • Paste & Spreads- Market Size & Forecast, 2019-2030, USD Million
  • Sauces & Dips- Market Size & Forecast, 2019-2030, USD Million
  • Desserts- Market Size & Forecast, 2019-2030, USD Million
  • Others (Confectionery, etc.)- Market Size & Forecast, 2019-2030, USD Million
• By End User
  • Households- Market Size & Forecast, 2019-2030, USD Million
  • Food Service Outlets- Market Size & Forecast, 2019-2030, USD Million
• By Sales Channel
  • Offline Stores- Market Size & Forecast, 2019-2030, USD Million
    • Supermarkets/Hypermarkets- Market Size & Forecast, 2019-2030, USD Million
    • Convenience Stores- Market Size & Forecast, 2019-2030, USD Million
    • Grocery Stores- Market Size & Forecast, 2019-2030, USD Million
    • Others (Specialty Stores, etc.)- Market Size & Forecast, 2019-2030, USD Million
  • Online Retails– Market Size & Forecast, 2019-2030, USD Million
• By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Explore the Complete Hummus Market Analysis Report – https://www.marknteladvisors.com/research-library/hummus-market.html

Hummus Market Driver:

Surging Inclination Towards Premium & Flavored Dips – The increasing demand for unique and high-quality flavors in dips among consumers is playing a significant role in enhancing market expansion. Consumers nowadays are increasingly prioritizing dips that contain immunity-boosting premium and flavored ingredients since they help improve brain & heart health. Additionally, the ingredients, like natural herbs and spices in the dips are also becoming immensely popular since these dips help in enhancing the flavor as well as provide protection from acute and chronic diseases. In response to this growing demand, manufacturers are continuously developing innovative & premium dips that match the evolving consumer preferences and tastes. For instance:

·       In 2023, Sabra, a hummus brand, launched two flavored hummus, including a new Mediterranean Roasted garlic and Spicy Harissa, especially for consumers across the US & Midwest. 

These quality-focused & flavored dips would continue to gain attention from consumers, increasing the consumption of Hummus in the forecast years as well. Furthermore, the companies are also working on improving the shelf-life & affordability of the premium hummus. This would make them more accessible to the mass population and drive the Global Hummus Market growth during 2024-30.

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