Hummus Market Value’s was estimated at a global share of $6.60 billion by 2028

 

Hummus Market Outlook

Hummus is a popular dip used as a snack. Hummus is filled with all kinds of vital minerals and vitamins. Hummus contains several nutritious components that help in maintaining a healthy diet. Having healthy habits and good constituencies, Hummus is useful in reducing and checking blood pressure. Other complications like a fluctuation in the digestive health and weight-related problems can be checked with a properly balanced diet of Hummus. Any chances of heart diseases can be reduced by consuming the same. 

The Hummus Market Share was estimated at a global share of $2.62 billion in 2020 and is expected to touch a share of $6.60 billion by 2028. There has been a stellar growth in the hummus market share rates, which was seen with a CAGR of 12.71%. 

The food products consuming Hummus in the form of dips and snacks and spread have increased due to its healthy digestive components. The rising demand for healthy snacks is well known in the form of garlic, tahini, and chickpea. Various other vegetables and fruits are well known to produce variants of the Hummus. One of the major factors contributing to the increasing consumption of Hummus is the increasing health consciousness among the consumers post the pandemic. It is consumed on a higher level because it is rich in minerals, proteins, and vitamins that help with the healthy regulation of the body's metabolism. It is preferred more. Along with the body's metabolism, it also helps maintain healthy skin and dermal properties. Apart from this, its abundant availability ensures that the product is widely present in the market. 

The pandemic hugely affected the Hummus Market Revenue The market faced a downfall because the food industry did not bulk its abundance during the same. Globally, people started preferring homemade food without any contact from outside, but over time the situation was rectified.

Competitive Landscape Analysis

 

According to the global Key Hummus Market Players report for, there is high competition across the globe. Some of the major key players are: Haliburton International Foods Inc. (California), Sabra Dipping Co. LLC (U.S.), T. Marzetti (U.S.), Tribe Mediterranean Foods Inc. (Massachusetts), Churny Company Inc. (U.S.), Cedar's Mediterranean Foods Inc. (Massachusetts), and Pita Pal Industries Inc. (Texas)

Market Segmentation

The Hummus Market Report is segmented globally based on the type and the distribution channel. 

The hummus market is segmented into the black olive, the red pepper, the roasted garlic, the white bean, and the classic type. This segmentation is widely done based on the taste of the consumers. The classic type is the most consumed one due to its gluten-free qualities. It can always be consumed as a natural appetizer. Apart from this, the market is again segmented into several stores like grocery, supermarkets, and retail stores based on the distribution channel.

Regional Analysis

The Hummus Market is majorly spread into parts of North America and Europe due to the heavy consumption of nutritious food by the residents over there. The market is likely to spread over the areas of Asia-Pacific with the increasing awareness of Hummus.

Industry News

Frequently Asked Questions (FAQ):

What is Size 2020-2028 Hummus Market ?

 Ans: The global Hummus Market was estimated at a global share of $2.62 billion in 2020 and is further expected to touch a share of $6.60 billion by the year 2028. There has been a stellar growth in the hummus market share, and this was seen with a CAGR of 12.71%.

NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

+1 646 845 9312

Email: Sales@marketresearchfuture.com  

Comments

Post a Comment

Popular posts from this blog

Paper Straws Market Value’s projected a USD 3.78 billion growth by 2030

  Market Overview The  paper straws market  has projected a USD 3.78 billion growth by 2030 with a CAGR rate of 2020-2030. Straws are most used in general stores and eateries. Plastic straws are widely used earlier, but people have changed due to the environment-friendly mindset. Now the industry shifted to the paper straws market to growing towards the eco-friendly. The plastic straws are available at a reasonable price. The plastic straw market is user-friendly and non-biodegradable. The extensive use of plastic straws has made a great extent to the market. The government has made strong actions toward this market.  Most industrialists and common people, and businesses have shifted to paper straws. Paper straws are a great alternative to plastic straws because to make less waste. Paper straws are disposable and biodegradable and are also preferred in the industry. Paper straws make a huge difference in the environment, and this difference made positive changes ...
Read more

Plant-Based Snacks Market is estimated to be valued at USD 72 Billion by Forecast 2028.| MRFR

Image
  Plant-Based Snacks Market Overview Plant-Based Snacks Market is estimated to be valued at USD 72 Billion and register a growth rate of 7.85% during the forecast period 2027. Market Dynamics Numerous factors influence global market demand. Veganism is growing in practically every country, which will drive market demand globally during the anticipated time. Additionally, growing awareness about health, wellness, and fitness is another factor contributing to the global market's increased demand throughout the study period. People prefer ready-to-eat meals because of changing lifestyles and urbanization; in other words, people are more receptive to convenience items, which drives global market demand. Global demand for plant-based snacks is increasing. Growing knowledge of the availability of meat substitutes with nearly identical nutritional benefits creates numerous growth prospects in the global industry. Raising awareness and conducting campaigns on behalf of various animal...
Read more

Air Condition (AC) Market is expected to grow at Significant CAGR 8.2 % from 2020 to 2030

  Air Condition (AC) Market Outlook: Air conditioning means the process of conditioning and impacting the air quality of a space to make the environment comfortable for the occupants. This process essentially works by removing excess moisture and heat from closed environments so that extreme natural environments can be adjusted to an individual’s preferred ones in the privacy of their homes. Air conditioning market globally comprises of residential and commercial sector and is also an extremely integral part of the automotive industry. Air conditioners, once considered luxury, are now transforming into necessities worldwide. Still the demand for heating and air condition systems is considered as a measure of the economic wealth of a nation. Air Condition (AC) Market is expected to grow at Significant CAGR 8.2 % from 2020 to 2030 The impact of automotive Air Conditioner Market Share systems and the auto air condition market on the overall global AC market is also highly si...
Read more