Hummus Market Forecast: Projected to Reach USD 4.5 BILLION IN 2023, with an 8.58% CAGR by 2030

Market Insights and Analysis: Hummus Market Overview and Projections (2024-2030)

The Global Hummus Market size was valued at USD 4.5 billion in 2023 & is projected to reach USD 8.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.58% during the forecast period, i.e. 2024-2030.

Top leading companies in the Hummus Market includes:

Athenos, Cedar's Mediterranean Foods, Inc., Haliburton International Foods, Inc., Strauss Group, Ltd., Tribe Hummus, Bakkavor Group Plc, Boar's Head Brand, Aliments du Québec (Hummus Gourmet, LLC), The Kraft Heinz Company, Hope Foods, LLC, Sabra Dipping Co., LLC, Marzetti Company, Sevan AB, Lantana Foods, Hummus Goodness, and Others

Industry Recent Developments:

• 2024: Bakkavor Group plc, a hummus brand, announced the acquisition of Moorish, a UK-based Hummus manufacturing company, to widen its product portfolio.

• 2023: Cedar's Foods, a top-notch brand specializing in Mediterranean cuisine, unveiled its newest range of Organic Hot Honey hummus, which boasts an exceptional taste.

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Report Segmentation:
The market is categorized into the following segments in the report:

By Type
-Classic Hummus
-Roasted Garlic Hummus
-Lentil Hummus
-White Bean Hummus
-Black Olive hummus
-Others (Red Pepper Hummus, Edamame Hummus, etc.)

• Classic Hummus type holds the largest market share in the Global Hummus Market as it originated in the Middle East and has strong ties with multiple cultural cuisines worldwide.

By Packaging Type
-Tubs/Cups
-Pouch
-Bottles/Jars

By Application
-Paste & Spreads
-Sauces & Dips
-Desserts
-Others (Confectionery, etc.)

By End User
-Households
-Food Service Outlets

By Sales Channel
-Offline Stores
--Supermarkets/Hypermarkets
--Convenience Stores
--Grocery Stores
--Others (Specialty Stores, etc.)
-Online Retails

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Hummus Market Geographic Reach:

The Geographic Reach of the Hummus Market evaluates the spread and significance of Hummus market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

• North America: The US, Canada, Mexico
• South America: Brazil, Argentina, Rest of South America
• Europe: Germany, The UK, France, Italy, Spain, Rest of Europe
• Asia-Pacific: China, Japan, India, South Korea, Australia, Rest of Asia-Pacific
• Middle East & Africa: The UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa

Note: If you require specific information not covered in the current report, we can provide it through customized option

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