Hummus Market size to grow by USD 2,132.75 million from 2022 to 2027, Introduction of new packaging to boost the market growth

NEW YORK, June 6, 2023 /PRNewswire/ — The global hummus market size is estimated to increase by USD 2132.75 million from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 10.67% during the forecast period. The introduction of the new packaging notably drives the market growth. Selling hummus products depends heavily on the packaging as it aids in maintaining the flavor, taste, quality, color, and texture while extending the shelf life. Various significant companies work with packaging manufacturers to create cutting-edge packaging technologies to attract customers. Thus, packaging is a key element influencing consumers’ purchase decisions because it extends the brand of the product. The introduction of new packaging for products by vendors is another factor that drives market growth. Discover some insights on the market size, historic period (2017 to 2021), and Forecast 2023-2027 before buying the full report –Request a sample report

Hummus market – Vendor Analysis
Vendor Landscape – The global hummus market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer hummus in the market are Boars Head Brand, Cedars Mediterranean Foods Inc., Conagra Brands Inc., Damai International, Deldiche NV, Fountain of Health, Haliburton International Foods Inc., Harvest Moon Foods, Hummus Goodness, Kasih Food Production Co., Lakeview Farms LLC, Lancaster Colony Corp., Moorish Ltd., PepsiCo Inc., Savencia SA, Strauss Group Ltd., The Huda Bar, The Kraft Heinz Co., Wingreens Farms Pvt. Ltd., and Bakkavor Group PLC and others.

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• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!

Vendor Offerings –

• Boars Head Brand – The company offers hummus for dipping with pita bread, chips, and veggies.
• Cedars Mediterranean Foods Inc. – The company offers Hummus such as PepperHouse Smoked Hummus, Dark Chocolate Dessert Hummus, Everything Bagel Hummus, and Fiery Chipotle Pepper Hummus.
• Conagra Brands Inc. – The company offers Hummus such as Organic Pumpkin Hommus, Topped Organic Hot Chili Hommus, and Topped Organic Grecian Golden Hour Hommus.
• For details on the vendor and their offerings – Request a sample report

Hummus Market – Segmentation Assessment

Segment Overview
Technavio has segmented the market based on application (sauces and dips, paste and spreads, and others), type (classic hummus, lentil hummus, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

• The market share growth by the sauces and dips segment will be significant for overall market growth during the forecast period. Due to its alleged health benefits, which include being a rich source of plant protein, regulating blood sugar levels, and lowering the risk of heart disease, hummus is most frequently used as a dip, and its popularity as a dip. Hummus is regarded as a natural product because it contains a variety of natural ingredients, including chickpeas, garlic, lemon, and olive oil. Furthermore, the rising demand for food products made with natural ingredients will contribute to an increase in hummus dip sales. Hence, such factors drive the segment growth during the forecast period.

Geography Overview
By geography, the global hummus market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global hummus market.

• North America is estimated to account for 28% of the growth of the global market during the forecast period. Customers in the US increasingly choose hummus as their preferred dipping sauce because it is seen as natural food, which helps boost product sales in the US during the forecast period. The rising hummus consumption as a dessert is also anticipated to support market expansion throughout the forecast period. Furthermore, the market’s expansion is driven by the addition of fresh goods and flavors to current product lines. Hence, the market for hummus is expected to witness an increased growth rate during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 – Download a Sample Report

Hummus Market – Market Dynamics

Key Trends – 

The growing emergence of private-label brands is an emerging trend influencing the market growth of hummus. Consumers who are on a tight budget frequently choose private-label products, as they are less expensive than those of well-known brands. In order to capitalize on the growing consumer demand for private-label brands, several supermarket chains, including Walmart and ALDI, have their own private-label brands of hummus.

Furthermore, to increase the popularity of their private-label offerings, supermarket chains are forced to increase the shelf space allotted to them and run in-store promotions and campaigns. Hence, such growth of private-label brands will drive the growth of the global market during the forecast period.

Major challenges – 

The effects of natural calamities are major challenges hindering market growth. Chickpeas and garlic are the two main ingredients needed to make hummus. The cultivation of these products is impacted by a variety of outside factors, including crop diseases and natural disasters.

Furthermore, drought, floods, hurricanes, cyclones, earthquakes, and volcanic eruptions are examples of natural disasters. Moreover, a number of plant diseases that can affect the production of hummus during the forecast period can affect the cultivation of garlic and other raw materials. Hence, hummus prices may rise because of the chickpea shortage and hinder the market’s expansion during the forecast period.

Drivers, Trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report! 

What are the key data covered in this Hummus Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the hummus market between 2023 and 2027
• Precise estimation of the size of the hummus market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the hummus market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of hummus market vendors

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Related Reports:

The hummus market size in Europe is expected to increase by USD 321.34 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.53%. Furthermore, this report extensively covers hummus market segmentation in Europe by type (classic hummus, lentil hummus, and others) and geography (UK, Germany, France, Spain, and Rest of Europe). The growing popularity of hummus is notably driving the Europe hummus market growth.

The fish sauce market size is expected to increase by USD 726.63 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.4%. Furthermore, this report extensively covers fish sauce market segmentation by product (industrial fish sauce and traditional fish sauce) and geography (APAC, Europe, North America, Middle East and Africa, and South America). The increasing preference for convenience in cooking is one of the key drivers supporting the fish sauce market growth. 

Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global hummus market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global hummus market 2017 – 2021 ($ million)

• 4.2 Application Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Sauces and dips – Market size and forecast 2022-2027
• Exhibit 34: Chart on Sauces and dips – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Sauces and dips – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Sauces and dips – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Sauces and dips – Year-over-year growth 2022-2027 (%)

• 6.4 Paste and spreads – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Paste and spreads – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Paste and spreads – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Paste and spreads – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Paste and spreads – Year-over-year growth 2022-2027 (%)

• 6.5 Others – Market size and forecast 2022-2027
• Exhibit 42: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Application 
• Exhibit 46: Market opportunity by Application ($ million)
• Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 48: Chart on Type – Market share 2022-2027 (%)
• Exhibit 49: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 50: Chart on Comparison by Type
• Exhibit 51: Data Table on Comparison by Type

• 7.3 Classic hummus – Market size and forecast 2022-2027
• Exhibit 52: Chart on Classic hummus – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Classic hummus – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Classic hummus – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Classic hummus – Year-over-year growth 2022-2027 (%)

• 7.4 Lentil hummus – Market size and forecast 2022-2027
• Exhibit 56: Chart on Lentil hummus – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Lentil hummus – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Lentil hummus – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Lentil hummus – Year-over-year growth 2022-2027 (%)

• 7.5 Others – Market size and forecast 2022-2027
• Exhibit 60: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 64: Market opportunity by Type ($ million)
• Exhibit 65: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 71: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 75: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027
• Exhibit 79: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027
• Exhibit 87: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 91: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 UK – Market size and forecast 2022-2027
• Exhibit 95: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027
• Exhibit 99: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 Saudi Arabia – Market size and forecast 2022-2027
• Exhibit 103: Chart on Saudi Arabia – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Saudi Arabia – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Saudi Arabia – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Saudi Arabia – Year-over-year growth 2022-2027 (%)

• 9.12 United Arab Emirates – Market size and forecast 2022-2027 
• Exhibit 107: Chart on United Arab Emirates – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on United Arab Emirates – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on United Arab Emirates – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on United Arab Emirates – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

• 11.2 Vendor landscape 
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 Bakkavor Group PLC 
• Exhibit 119: Bakkavor Group PLC – Overview
• Exhibit 120: Bakkavor Group PLC – Product / Service
• Exhibit 121: Bakkavor Group PLC – Key offerings

• 12.4 Boars Head Brand 
• Exhibit 122: Boars Head Brand – Overview
• Exhibit 123: Boars Head Brand – Product / Service
• Exhibit 124: Boars Head Brand – Key offerings

• 12.5 Cedars Mediterranean Foods Inc. 
• Exhibit 125: Cedars Mediterranean Foods Inc. – Overview
• Exhibit 126: Cedars Mediterranean Foods Inc. – Product / Service
• Exhibit 127: Cedars Mediterranean Foods Inc. – Key offerings

• 12.6 Deldiche NV 
• Exhibit 128: Deldiche NV – Overview
• Exhibit 129: Deldiche NV – Product / Service
• Exhibit 130: Deldiche NV – Key offerings

• 12.7 Fountain of Health 
• Exhibit 131: Fountain of Health – Overview
• Exhibit 132: Fountain of Health – Product / Service
• Exhibit 133: Fountain of Health – Key offerings

• 12.8 Haliburton International Foods Inc.
• Exhibit 134: Haliburton International Foods Inc. – Overview
• Exhibit 135: Haliburton International Foods Inc. – Product / Service
• Exhibit 136: Haliburton International Foods Inc. – Key offerings

• 12.9 Hummus Goodness 
• Exhibit 137: Hummus Goodness – Overview
• Exhibit 138: Hummus Goodness – Product / Service
• Exhibit 139: Hummus Goodness – Key offerings

• 12.10 Kasih Food Production Co. 
• Exhibit 140: Kasih Food Production Co. – Overview
• Exhibit 141: Kasih Food Production Co. – Product / Service
• Exhibit 142: Kasih Food Production Co. – Key offerings

• 12.11 Lakeview Farms LLC 
• Exhibit 143: Lakeview Farms LLC – Overview
• Exhibit 144: Lakeview Farms LLC – Product / Service
• Exhibit 145: Lakeview Farms LLC – Key offerings

• 12.12 Lancaster Colony Corp. 
• Exhibit 146: Lancaster Colony Corp. – Overview
• Exhibit 147: Lancaster Colony Corp. – Business segments
• Exhibit 148: Lancaster Colony Corp. – Key offerings
• Exhibit 149: Lancaster Colony Corp. – Segment focus

• 12.13 Moorish Ltd. 
• Exhibit 150: Moorish Ltd. – Overview
• Exhibit 151: Moorish Ltd. – Product / Service
• Exhibit 152: Moorish Ltd. – Key offerings

• 12.14 PepsiCo Inc. 
• Exhibit 153: PepsiCo Inc. – Overview
• Exhibit 154: PepsiCo Inc. – Business segments
• Exhibit 155: PepsiCo Inc. – Key news
• Exhibit 156: PepsiCo Inc. – Key offerings
• Exhibit 157: PepsiCo Inc. – Segment focus

• 12.15 Savencia SA 
• Exhibit 158: Savencia SA – Overview
• Exhibit 159: Savencia SA – Business segments
• Exhibit 160: Savencia SA – Key offerings
• Exhibit 161: Savencia SA – Segment focus

• 12.16 Strauss Group Ltd. 
• Exhibit 162: Strauss Group Ltd. – Overview
• Exhibit 163: Strauss Group Ltd. – Business segments
• Exhibit 164: Strauss Group Ltd. – Key offerings
• Exhibit 165: Strauss Group Ltd. – Segment focus

• 12.17 The Kraft Heinz Co. 
• Exhibit 166: The Kraft Heinz Co. – Overview
• Exhibit 167: The Kraft Heinz Co. – Business segments
• Exhibit 168: The Kraft Heinz Co. – Key offerings
• Exhibit 169: The Kraft Heinz Co. – Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 170: Inclusions checklist
• Exhibit 171: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 172: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 173: Research methodology
• Exhibit 174: Validation techniques employed for market sizing
• Exhibit 175: Information sources

• 13.5 List of abbreviations 
• Exhibit 176: List of abbreviations

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