LONDON--(BUSINESS WIRE)--The global hummus market is poised to grow by USD 1.52 billion during 2019-2023, progressing at a CAGR of over 11% during the forecast period. Request Free Sample Pages
Read the 105-page research report with TOC on "Hummus Market Analysis Report by application (sauces and dips, paste and spreads, and others), by geography (EMEA, Americas, and APAC), and segment forecasts, 2019 - 2023".
The market is driven by the increased number of new product launches. Also, the rising retail space is anticipated to boost the growth of the hummus market.
Increasing retail space will be one of the critical trends in the global hummus market. Supermarkets and hypermarkets, convenience stores, discount stores, and online portals are the most common distribution formats of hummus. In addition to this, the sale of hummus products through various e-commerce portals is also gaining popularity among consumers. Thus, the growth of organized retail will boost the growth of the global hummus market during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Major Five Hummus Market Companies:
Bakkavor Group
Bakkavor Group owns and operates businesses internationally and in the UK. The company offers different types of hummus and dips such as onion, garlic, and salsa. The critical brand includes Yaas!.
Cedar's Mediterranean Foods
Cedar's Mediterranean Foods operates the business through five segments, which include hummus, tzatziki, salads, dips, and pita chips. The company’s key offering includes different type of hummus such as traditional and organic hummus in different flavors such as avocado, dark chocolate, and lemon.
Haliburton International Foods
Haliburton International Foods has business operations under various segments, namely IQF fire-roasted vegetables and vegetable blends; salsas; chili pepper pastes, purees, and pepper sauces; vegetable purees and bases; sauces, dips, marinades, and spreads; soups, soup concentrates, and soup bases; hummus; and anchovy pastes and purees. The company offers various types of hummus such as curried lentil hummus, fire-roasted edamame hummus, roasted garlic hummus, black bean hummus, and Tuscan white bean hummus.
Nestlé
Nestlé operates business under six segments, which include zone AMS, zone EMENA, zone AOA, Nestle waters, Nestle nutrition, other businesses. The company offers hummus products under the brand name - Tribe, which offers 17 varieties of hummus.
SABRA DIPPING CO
SABRA DIPPING CO operates in the hummus market through the segment: Dips. The company offers hummus in various styles and flavors such as BBQ hummus with jackfruit and smoked paprika, taco-inspired hummus, supremely spicy hummus, and roasted pine nut hummus.
Register for a free trial today and gain instant access to 10,000+ market research reports.
Technavio's SUBSCRIPTION platform
Hummus Application Outlook (Revenue, USD Million, 2019 - 2023)
- Sauces and dips
- Paste and spreads
- Others
Hummus Regional Outlook (Revenue, USD Million, 2019 - 2023)
- APAC
- Americas
- EMEA
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 10,000 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.
If you are interested in more information, please contact our media team at media@technavio.com.
