According to the Market Statsville Group (MSG), the global hummus market size is expected to grow from USD 3,310.1 million in 2022 to USD 9,974.7 million by 2033, at a CAGR of 12.4% from 2023 to 2033.
The hummus market has experienced significant growth in recent years, driven by rising demand for healthy and nutritious snack options. Hummus is a famous Middle Eastern dip made from tahini, chickpeas, olive oil, lemon juice, and garlic, among other ingredients. It is high in fiber, protein, and other nutrients, making it a healthy and flavorful option for consumers seeking healthy snack alternatives. The global hummus market is expected to grow steadily over the next few years, driven by increasing demand for plant-based and healthy food options. Key growth drivers include rising health awareness, growing interest in vegan and vegetarian diets, and the availability of innovative and exciting flavors.
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Scope of the Global Hummus Market
The study categorizes the hummus market based on type, and distribution channel area at the regional and global levels.
By Type Outlook (Sales, USD Million, 2019-2033)
- Classic
- Roasted Garlic
- White Bean
- Black Olive
- Red Pepper
- Others
By Distribution Channel Outlook (Sales, USD Million, 2019-2033)
- Supermarkets/Hypermarkets
- Convenience Stores
- Grocery Stores
- Online Retails
By Region Outlook (Sales, USD Million, 2019-2033)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Italy
- France
- UK
- Spain
- Poland
- Russia
- The Netherlands
- Norway
- Czech Republic
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Thailand
- Singapore
- Australia & New Zealand
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- The Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Northern Africa
- Rest of MEA
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Roasted garlic segment accounts for the largest CAGR by type
Based on the type, the market is divided into classic, roasted garlic, white bean, black olive, red pepper, and others. The roasted garlic segment accounted for the largest CAGR during the forecast period. This is due to the increasing demand for flavorful and innovative hummus varieties and the popularity of roasted garlic as an ingredient in a wide range of foods. Roasted garlic adds a rich, savory flavor to hummus that is highly appealing to consumers, and it also has potential health benefits, including anti-inflammatory and immune-boosting properties. In addition, roasted garlic is a natural preservative, which can help extend the shelf life of hummus and reduce the need for artificial preservatives. Further, the increasing consumer interest in plant-based diets, the rising popularity of Mediterranean cuisine, and the availability of new and innovative hummus products with a variety of flavors and ingredients are various factors that contribute to the growth of the roasted garlic segment in the hummus market.
North America accounted for the largest market share by Region
Based on the regions, the global hummus market has been segmented across Europe, North America, the Middle East & Africa, Asia-Pacific, and South America. North America accounted for the largest market share in 2022. the high disposable income of consumers in North America, as well as their willingness to pay premium prices for high-quality and innovative products, has also contributed to the growth of the hummus market in the region. The increasing availability of hummus products in supermarkets, specialty stores, and online platforms has also made it easier for consumers to purchase and enjoy hummus as a healthy and convenient snack or meal option.
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Competitive Landscape: Global Hummus Market
The hummus market is a significant competitor and extremely cutthroat in the sector is using strategies including product launches, partnerships, acquisitions, agreements, and growth to enhance their market positions. Most sector businesses focus on increasing their operations worldwide and cultivating long-lasting partnerships.
Major key players in the global hummus market are:
- Sabra Dipping Company, LLC
- Strauss Group Ltd.
- Cedar's Mediterranean Foods, Inc.
- Tribe Hummus
- The Hain Celestial Group, Inc.
- Bakkavor Group plc
- Nestlé S.A.
- Boar's Head Provisions Co., Inc.
- Fountain of Health USA
- Tribe Mediterranean Foods, Inc.
- Whole Foods Market IP. L.P.
- Hormel Foods Corporation
- Hummus Gourmet, LLC (Lantana Foods)
- The Kraft Heinz Company
- Hope Foods, LLC.
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Definition of the Global Hummus Market
Hummus is a popular Middle Eastern dip or spread made from cooked and mashed chickpeas, tahini (a paste made from ground sesame seeds), olive oil, lemon juice, garlic, and other seasonings such as salt, cumin, and paprika. Hummus has a creamy texture and a savory, slightly tangy taste, making it a versatile and delicious food. Hummus is a nutrient-dense food rich in fiber, protein, minerals, healthy fats, and essential vitamins. It is a popular choice for vegetarians, vegans, and anyone looking for a healthy and delicious snack or meal option. Hummus can be enjoyed individually as a dip for pita bread or vegetables or as a spread for burgers, sandwiches, and wraps. In recent years, the popularity of hummus has grown significantly, and it is now widely available in supermarkets and restaurants worldwide. The availability of new flavors and variations of hummus makes it an exciting and versatile food for tastes and preferences, directly targeting many customers.
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