The hummus market is anticipated to see significant growth between 2021 and 2028. According to Data Bridge Market Research, the market would expand at a CAGR of 5.80% during the projected period to reach an estimated value of USD 1.56 billion. An important aspect propelling the hummus market is the rise in product popularity.
A cuisine dip or spread called hummus or houmous is made with sesame seeds, chickpeas, olive oil, lemon juice, salt, and garlic. Hummus is typically served with bread because the proteins in both the bread and the hummus complement each other nicely and produce a pleasant flavour.
The market for hummus is being driven by, among other things, an increase in the number of new product launches, expanding retail space, the introduction of organic variants in response to shifting consumer attitudes toward processed food, an increase in research and development activities, and an increase in demand from the food sector in emerging economies.
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The major players covered in the hummus market report are:
SABRA DIPPING CO., LLC,
Haliburton International Foods, Inc,
Churny Co Inc,
Pita Pal Industries Inc,
STM Foods Private Limited,
WRAP IT UP,
D. Impex, among other domestic and global players.
Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Hummus Market Country Level Analysis
The hummus market is analysed and market size insights and trends are provided by country, type, packaging and distribution channel as referenced above.
The U.S. dominates the hummus market due to rise in the number of new product launches, growing retail space and rise in the introduction of organic variants as a response to the changing consumer sentiments towards processed food in this region.
Europe and Asia-Pacific are the expected regions in terms of growth in hummus market due to rise in the research and development activities and rise in the demand from food sector in this region.
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