Hummus Market Size, Share, and Forecast by 2028
Hummus Market: Strategic Insights
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
Key Players
- Bakkavor Group Plc
- Cedar
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
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
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