Hummus Market Size And Share

  • Report Code : TIPRE00007825
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 153
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Hummus Market Size, Share, and Forecast by 2028

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Hummus Market Report Hummus Market Scope and Analysis Hummus Market Size and Share

Hummus Market: Size and Share

Hummus Market

  • CAGR (2020 - 2028)
    7.6%
  • Market Size 2020
    US$ 4.58 Billion
  • Market Size 2028
    US$ 8.27 Billion

Market Dynamics

GROWTH DRIVERS
  • Increasing consumer awareness of plant-based diets
  • Rising demand for healthy and nutritious snacks
  • Growing popularity of Mediterranean cuisine
  • Diverse range of flavors and textures
  • Expanding distribution channels
  • Increased availability in retail outlets and foodservice establishments
FUTURE TRENDS
  • Functional hummus with added health benefits
  • Plant-based protein-rich hummus
  • Reduced-calorie and low-fat hummus
  • Gourmet and artisanal hummus
  • Innovative packaging solutions
  • Increased use of technology in production and distribution
OPPORTUNITIES
  • Product innovation and diversification
  • Premiumization and niche market targeting
  • Strategic partnerships and collaborations
  • Global market expansion
  • E-commerce and online sales channels
  • Sustainability and ethical sourcing

Market Segmentation

Type
  • Original/Classic
  • Red Pepper
  • Black Olive
  • White Bean
Packaging Type
  • Tubs and Cups
  • Jars and Bottles
Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retail

Hummus Market Players Density: Understanding Its Impact on Business Dynamics

The Hummus Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Hummus Market are:

  1. Bakkavor Group Plc.
  2. Cedar

Disclaimer: The companies listed above are not ranked in any particular order.


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