Hummus Market is expected to reach US$ 8,267.07 Mn by 2028

Rich Nutritional Profile Including Proteins, Fibers, Vitamins, and Minerals Drives Hummus Market Growth

According to our latest market study on “Hummus Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Original/ Classic, Red Pepper, Black Olive, White Bean, and Others), Packaging Type (Tubs and Cups, Jars and Bottles, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others),” the market was valued at US$ 4,577.35 million in 2020 and is projected to reach US$ 8,267.07 million by 2028; it is expected to grow at a CAGR of 7.6% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players along with their developments in the market. 

Hummus is a well-known Middle Eastern dip and spread that has high mineral, vitamin, protein, and fiber content. All the main ingredients of hummus chickpeas, garlic, sesame seeds or paste (tahini), and olive oil are recognized as superfoods. Chickpeas are high on iron, phosphorus, and vitamin B complex. Tahini has high zinc, calcium, copper, and phosphorous content. Lemon juice is an excellent source of vitamin C and antioxidants. Garlic, which adds flavor to hummus, is known for high antioxidant content and contains many trace minerals and vitamins.

The rising prevalence of diseases such as strokes, ischaemic heart disease, chronic obstructive pulmonary diseases, and diabetes mellitus is attracting people’s attention toward healthy foodstuffs, especially in developed and developing regions. Hummus has also found a shelf in retail stores and supermarkets due to the diversification of distribution channels. It is naturally free from common allergens and irritants such as nuts, gluten, and dairy. It can also be used to replace creamy salad dressings, mayonnaise, sour cream, ranch dressing, and other condiments in recipes such as sandwiches, bread, crackers, and chips. Furthermore, increasing economic standards, rising disposable incomes, and diversification of food preferences boost the demand for healthy foodstuffs such as hummus. Thus, benefits conferred by hummus such as better digestive health, appropriate weight loss, improved blood sugar control, anti-inflammatory tendencies, and lower heart disease risks are propelling its demand.

Bakkavor Group; Cedar’s Mediterranean Foods Inc.; Haliburton International Foods; Strauss Group; Tribe Hummus; Hope Foods, LLC; Fountain of Health; Hummus Goodness; Boar’s Head Brand; and Lantana Foods are among the well-established players operating in the hummus market.

Impact of COVID-19 Pandemic on Hummus Market

The COVID-19 pandemic has been hindering the hummus market performance, mainly, due to disrupted raw material production and supply chains, weather condition uncertainties, and other reasons. The outbreak disturbed operational efficiencies and value chains due to the sudden shutdown of national and international boundaries. However, with many the economies striving to revive and normalize their operations, the demand for hummus is presumed to rise in the foreseeable future. Further, growing preference for healthy lifestyle and shifted focus on foodstuffs boosting immunity, would continue to contribute to the hummus market growth in the coming years. Further, the hummus manufacturers are likely to capitalize on online distribution channels for business expansion. This is mainly due to the escalating preference for ordering consumables online to avoid crowd and respect social distancing norms. The food retail channels are already operating within strict sanitation guidelines; however, many of them are taking extra precautions to diminish person-to-person contact. A few of the safety measures followed by the companies include limiting direct contact with truck drivers and other visitors, communicating and highlighting proper hygiene practices and conducting complete sanitations and eliminating possibilities of personnel contact during shift changes.

Geographic Overview of Hummus Market

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Hummus Market 2021 industry Share and Trend to 2028

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Hummus Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Original/Classic, Red Pepper, Black Olive, White Bean, and Others), Packaging Type (Tubs and Cups, Jars and Bottles, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

The report includes the segmentation of the global hummus market as follows:

Hummus Market, by Type

• Original/Classic
• Red Pepper
• Black Olive
• White Bean
• Others

Hummus Market, by Packaging Type

• Tubs and Cups
• Jars and Bottles
• Others

Hummus Market, by Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Retail
• Others

Hummus Market, by Geography

• • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South & Central America
    • Brazil
    • Argentina
    • Rest of South & Central America