According to Stratistics MRC, the Global Hummus Market is accounted for $4,662.43 million in 2020 and is expected to reach $9,707.26 million by 2028 growing at a CAGR of 9.6% during the forecast period. The increasing demand for plant-based food, growing adoption of veganism is driving the market growth. However, the effect of natural calamities is hampering the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period. Due to the growing occurrence of numerous diseases, lifestyle and eating patterns have changed in the region has increased the demand for plant-based protein, and economic growth. Furthermore, the trend of veganism is rising with the growing consciousness concerning the necessity to protect the environment. All these factors propel market growth across the region.
Some of the key players profiled in the Hummus Market include Athenos, Bakkavor Group, Boar’s Head Brand, Cedar’s Mediterranean Foods Inc., Finnish Cheese Company, Fountain of Health, Haliburton International Foods, Hope Foods, LLC, Hummus Goodness, Lantana Foods, Sevan AB, Strauss Group, Tribe Hummus and Vermont Hummus Company.
Types Covered:
• Black Olive
• Edamame
• Lentil
• Original/Classic
• Red Pepper
• Roasted Garlic Hummus
Flavors Covered:
• Artichokes
• Basil Pesto
• Jalapeno
• Sun dried Tomatoes
Sources Covered:
• Black Beans
• Chickpeas
• Kidney Beans
• Lima Beans
• Soybeans
• White Bean
Packaging Types Covered:
• Jars and Bottles
• Tubs and Cups
Applications Covered:
• Sauces and Dips
• Paste and Spreads
• Soups
• Confectionary
End Users Covered:
• Convenience Stores
• E-Commerce
• Grocery Stores
• Online Retail
• Supermarkets and Hypermarkets
• Independent Retail
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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