January 18, 2022

AmericanHummus

Food & Travel Enthusiast

USD 321.34 Mn growth in Hummus Market in Europe | 43% of growth to originate from the UK | Technavio | State

NEW YORK, Jan. 5, 2022 /PRNewswire/ — The hummus market in Europe is set to grow by USD 321.34 million from 2021 to 2026, progressing at a CAGR of 8.53% during the forecast period. The UK is expected to account for maximum growth owing to the rising popularity of home-cooked meals, which is driving vendors to focus on launching organic and natural ingredient-based hummus.

Download our Free Sample for highlights on major revenue-generating regions and countries in Europe.

The report on the hummus market in Europe provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Technavio analyzes the market by Type (Classic hummus, Lentil hummus, and Others) and Geography (UK, Germany, France, Spain, and Rest of Europe).

By type, the classic hummus segment accounted for a major share of the market in 2021. The rising consumer preference for new flavors and plant-based protein dips is driving the growth of the segment. Also, the growing adoption of legume varieties like chickpeas and related products is contributing to the segment’s growth.

The growing popularity of hummus is expected to have a positive impact on the growth of the hummus market in Europe during the forecast period. Hummus is increasingly gaining prominence in Europe as a staple item that can be eaten along with bread. The sesame seeds used in hummus boosts protein content, vitamins, and essential minerals in food items, which has further increased the popularity of hummus. Also, the presence of headquarters of popular hummus manufacturers such as Moorish Ltd and Deldiche NV in Europe has been contributing to the growth of the hummus market.

In addition, the shifting consumer preference for plant-based protein and the growing demand for ethnic dishes will further drive the hummus market growth in Europe during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

Companies Mentioned

Deldiche NV: The company offers hummus such as nature hummus and spicy sauce hummus.

LABEYRIE FINE FOODS: The company offers hummus product brands such as OVIVE, Sushi, and Blini.

Lazy Foods BV: The company offers hummus such as fresh hummus Mexicano, fresh hummus olive, and fresh hummus grilled aubergine.

MeToo Foods: The company offers hummus such as jalapeno houmous, houmous topped, and seaweed houmous.

Moorish Ltd.: The company offers hummus such as smoked humous, smoked humous with chilli harissa, and smokedhumous with beetroot flavored.

Subscribe to our “Lite Plan” billed annually at USD 3000  to join a community, who are eligible to view 3 reports monthly and download 3 reports annually.

Related Reports:

Tahini Market by Application and Geography – Forecast and Analysis 2021-2025

Spreads Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026

Hummus Market In Europe Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.53%

Market growth 2022-2026

USD 321.34 million

Market structure

Concentrated

YoY growth (%)

8.31

Regional analysis

UK, Germany, France, Spain, and Rest of Europe

Performing market contribution

UK at 43%

Key consumer countries

UK, Germany, France, Spain, and Rest of Europe

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Deldiche NV, LABEYRIE FINE FOODS, Lazy Foods BV, MeToo Foods, Moorish Ltd., OREXIS FRESH FOODS Ltd., Perla Deutschland GmbH, Pietercil Group, Strauss Group Ltd., and Zorba Delicacies Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/usd-321-34-mn-growth-in-hummus-market-in-europe–43-of-growth-to-originate-from-the-uk–technavio-301453642.html

SOURCE Technavio