Hummus Market Research, Gross Ratio, Driven Factors, & Forecast 2020-2030
Hummus Market Synopsis
According to a Comprehensive Research Report by
Market Research Future (MRFR), "Hummus Market Information by Type,
Packaging, Distribution Channel, and Region - Forecast till 2027”, the market
could touch approximately USD 6682.18 million by 2027, thriving at a rate of
12.84% between 2020 and 2030.
Hummus is one of the most popular food products
in the Middle East, used as a dip or spread and contains several minerals,
protein, fiber and vitamins. All of the ingredients present in hummus are known
as superfoods, some of which are garlic, chickpeas, sesame seeds as well as
olive oil. Iron, vitamin B complex and phosphorus are found abundantly in
chickpeas. Tahini contains high level of calcium, zinc, phosphorus and copper.
Lemon juice contains vitamin C coupled with antioxidants. Garlic that gives
flavor to hummus has a lot of antioxidants, vitamins and trace minerals.
The soaring demand for packaged products,
mostly in Western Europe, combined with the surging preference for plant-based
proteins as well as the prevalence of healthy eating habits will benefit the
worldwide market.
𝐓𝐡𝐞
𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡
𝐑𝐞𝐩𝐨𝐫𝐭
𝐢𝐬
𝐏𝐫𝐢𝐜𝐞𝐝
𝐚𝐭 𝐂𝐥𝐢𝐜𝐤
𝐇𝐞𝐫𝐞
𝐓𝐨
𝐑𝐞𝐪𝐮𝐞𝐬𝐭
𝐒𝐚𝐦𝐩𝐥𝐞 : https://www.marketresearchfuture.com/sample_request/1585
Market Competitive Landscape:
v The
affluent companies in hummus market are
v Haliburton
International Foods Inc. (California)
v Sabra
Dipping Co. LLC (U.S.)
v T.
Marzetti (U.S.)
v Tribe
Mediterranean Foods Inc. (Massachusetts)
v Churny
Company Inc. (U.S.)
v Cedar's
Mediterranean Foods Inc. (Massachusetts)
v Pita
Pal Industries Inc. (Texas)
June 2022
US food developer Ithaca Hummus has formed an
alliance with Grillo’s Pickles to introduce its latest pickle-flavored hummus.
This new product combines Grillo’s Pickles’ fresh and clean ingredients with
Itahaca’s cold-crafted hummus.
Market Drivers:
Hummus’ rising popularity backed by
globalization and the rapid diaspora spread are a few key growth inducers in
the global market. Hummus
Market enjoys significant consumption rate across the
globe, in view of the surging disposable income as well as lifestyle changes.
Other factors for the mounting product demand can be the soaring number of
quick service restaurants, emergence of new food service apps, growing health
awareness and urbanization. Consumer preference among consumers for artisanal
food items and the continuous launch of newer flavors could also foster further
market growth. Extensive R&D, technical advances in processing methodology
and innovations in the packaging technology are some of the key opportunities
that manufacturers can be presented with in the years to come. The growth in
the health-conscious population base and hummus increasingly being viewed as a
nutritious dish can be a huge opportunity as well.
Market Restraints:
The global market can face a couple of
downsides, with the major challenge being the fact that due to refrigeration,
hummus generally changes texture and are therefore, not purchased in bulk by
consumers. This attributes to its weakened demand among consumers.
COVID 19 Analysis
The COVID-19 outbreak’s notable impact has led
to various repercussions on the health status of people across the world. The
aftermath is linked with the significant social and economic burden on people
worldwide. While the major policymakers are implementing new frameworks and
industries are adopting advanced models of expansion to maintain their
relevance, people are facing a series of mental trauma.
Around the world, the rising cases have spurred
mental, and economic issues, especially among the elderly. Additionally, the
younger populace has been dealing with challenges owing to loss of livelihoods
and is opting for family care to address the repercussions. The focus is
largely on the treatment of COVID-19 and the development of a vaccine, which
steers attention away from other markets. However, the demand for natural,
plant-based products has risen considerably, with the aim to remain healthy and
foster well-being. This should greatly benefit the global industry in the long
run.
Market Segmentation
By Type
The types of hummus market sold in the include
lentil, classic, edamame, garlic, black, white, and others. The report
classifies the classic hummus as the leading segment in the market.
By Packaging material
Packaging materials, like jar/bottles,
tubs/cups, and more have been considered in the study. Tubs/cups have seized
the biggest portion of the global market since these are available in varying
serving sizes, making them convenient while packaging.
By Distribution Channel
Distribution channels including supermarkets,
convenience stores, e-commerce, and hypermarkets are the segments specified in
the report based on the hummus market. The Supermarkets & hypermarkets
segment has a share of 65.4% in the market, given that the consumers have the
option of expansive ranges of products available in these channels.
Buy Now: https://www.marketresearchfuture.com/sample_request/1585
Regional Insights
The USA has risen as the most successful
market. The rapidly surging tourism sector along with hoteling in the country,
the strong impact of social media, and the huge prominence of the diaspora, as
well as expats, are the top growth enhancers in the market. Hummus sales in the
US are soaring at an impressive pace, as a large number of Middle Eastern
people are migrating to the country and introducing their traditional cuisines.
Therefore, hummus has emerged as an exotic dish among Americans who are more
than willing to buy it. Additionally, with the upsurge of vegetarians and
vegans in the country, hummus is now viewed as an excellent addition to the
diet.
The Middle East and African market is set to
exhibit a strong CAGR in the coming years, as hummus is a traditional popular
dish in the region. Saudi Arabia, Kuwait, Israel, and UAE are the biggest
markets for hummus in the region since many of the firms are introducing new
products that are slight variations of the original hummus. Some of these
include black olive hummus, red pepper hummus, roasted garlic hummus, and white
bean hummus.
Browse In-depth Market Research
Report (116 Pages) on Hummus: https://www.marketresearchfuture.com/reports/hummus-market-1585
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats
Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York
10013, United States of America
Sales: 📞 +1 (855)
661-4441 📞 +44 1720
412 167
E:Mail :Sales@marketresearchfuture.com
Comments
Post a Comment