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Global Hummus Market 2023-2027

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    Report

  • 163 Pages
  • April 2023
  • Region: Global
  • TechNavio
  • ID: 5654466
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The hummus market is forecast to grow by $2,132.75 million during 2022-2027, accelerating at a CAGR of 10.67% during the forecast period. This report on the hummus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the introduction of new packaging, rising urbanization and changing consumer lifestyles, and increasing preference for convenience in cooking.

The analyst's hummus market is segmented as below:

By Application

  • Sauces and dips
  • Paste and spreads
  • Others

By Type

  • Classic hummus
  • Lentil hummus
  • Others

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • South America
This study identifies the growing retail space as one of the prime reasons driving the hummus market growth during the next few years. Also, the rising global vegan population and the growing emergence of private-label brands will lead to sizable demand in the market.

This report on the hummus market covers the following areas:

  • Hummus market sizing
  • Hummus market forecast
  • Hummus market industry analysis
The analyst's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hummus market vendors that include 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. Also, the hummus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst 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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate 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 Geographical Landscape
  • 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
3.3 Market size 2022
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 Geographical Landscape 2022-2027 (%)
  • Exhibit 68: Data Table on Market share By Geographical Landscape 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 Geographical Landscape
  • Exhibit 111: Market opportunity By Geographical Landscape ($ million)
  • Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
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

Executive Summary

The analyst recognizes the following companies as the key players in the global hummus market: 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.

Commenting on the report, one of the analysts from the research team said: "The latest trend gaining momentum in the market is growing retail space."

According to the report, one of the major drivers for this market is the introduction of new packaging.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.
  • Bakkavor Group PLC