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North America Hummus Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type, Application, and Distribution Channel

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  • 128 Pages
  • September 2020
  • Region: North America
  • The Insight Partners
  • ID: 5180789
UP TO OFF until Jun 30th 2023
The North America hummus market is expected to grow from US$ 601.39 million in 2019 to US$ 1,558.70 million by 2027; it is estimated to grow at a CAGR of 12.7% from 2020 to 2027.

Hummus is a kind of Levantine dip or spread prepared from chickpeas or other beans which are considered as rich source of proteins. Proteins are the building blocks of life. They maintain the structure and functions of the human body. Proteins are made up of amino acids that are attached by peptide bonds in long chains. There are 20 different kinds of amino acids linked together that determine the role of protein in the human body. Proteins play a key role in transporting molecules throughout the body by helping in cell repair. It also promotes proper growth and development in children, teenagers, and pregnant women. Various studies show that eating a protein-rich diet help gain muscle mass and strength and prevent muscle loss during weight management or weight loss program. High protein intake helps boosts the metabolism, which results in burning of a high amount of calories. This further helps in proper weight management and weight loss. These benefits of protein are attracting consumers towards protein-rich food and beverages available in the market. This further creates a huge demand for the North America hummus market.

Based on type, the original hummus segment led the North America hummus market in 2019. Original hummus is prepared by blending cooked or mashed chickpeas with tahini, garlic, or lemon juice. It is mostly prepared and stored in refrigerators a day ahead of serving. Preparation of original hummus is an easy and affordable process and the resulting flavor is superior to the tubs of store-bought dips. It is an absolute staple in home cuisines. Hummus is tasty, filling, heart-healthy vegetarian, dairy-free, and gluten-free. It can be consumed as an appetizer and main course. Original hummus is often paired with freshly fried falafel and is also shared alongside full mudammas in a dish that is known as hummus full. In some western countries, such as the US and Mexico, original hummus is served as an appetizer or snack dip with vegetable crudities, chips, and pita breads. The hummus dip has gained popularity in the past few years and can be found at most of the grocery stores in varying flavors.

The U. S has the highest number of confirmed cases of COVID-19 compared to Canada and Mexico. Due to COVID-19, the supply chain is likely to get affected, which is likely to impact the food and beverage industry in the region. In addition, the overall manufacturing processes, research, and development activities are likely to impact market growth.

The overall North America hummus market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the North America hummus market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the North America hummus market. Key players operating in the market include Bakkavor; Boar’s Head Brand; Cedar’s Mediterranean Foods Inc.; Fountain of Health; Hope Foods, LLC; Hummus Goodness; Lancaster Colony Corporation; Lantana Foods; Strauss Group; and Tribe Hummus.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America hummus market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America hummus market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the hummus market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis formulation
3.2.4 Macro-economic factor analysis
3.2.5 Developing base number
3.2.6 Data Triangulation
3.2.7 Country level data
4. Hummus Market Landscape
4.1 Market Overview
4.2 North America: PEST Analysis
4.3 Expert Opinion
5. Hummus Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increase in consumption of Protein-Rich Food with Growing Focus Over Veganism
5.1.2 Rise in Demand for Convenience Foods
5.2 Market Restraints
5.2.1 Volatility in Prices of Raw Materials Used in Preparation of Hummus
5.3 Market Opportunities
5.3.1 New Product Launches
5.4 Future Trends
5.4.1 Rising Adoption of HPP Hummus
5.5 Impact Analysis
6. Hummus- North America Market Analysis
6.1 Hummus Market Overview
6.2 North America Hummus Market -Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning of Key Players
7. North America Hummus Market Analysis - By Type
7.1 Overview
7.2 North America and Hummus Market, By Type (2019 and 2027)
7.3 Original Hummus
7.3.1 Overview Original Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
7.4 Red Pepper Hummus
7.4.1 Overview Red Pepper Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
7.5 Black Olive Hummus
7.5.1 Overview Black Olive Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
7.6 White Bean Hummus
7.6.1 Overview White Bean Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
7.7 Edamame Hummus
7.7.1 Overview Edamame Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
7.8 Others
7.8.1 Overview Others Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
8. North America Hummus Market Analysis - By Application
8.1 Overview
8.2 North America Hummus Market, By Application (2019 and 2027)
8.3 Sauces and Dips
8.3.1 Overview Sauces and Dips Hummus Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Pastes and Spreads
8.4.1 Overview Pastes and Spreads Hummus Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Others
8.5.1 Overview Others Hummus Market - Revenue and Forecast to 2027 (US$ Million)
9. North America Hummus Market Analysis - By Distribution Channel
9.1 Overview
9.2 North America Hummus Market, By Distribution Channel (2019 and 2027)
9.3 Supermarket and Hypermarket
9.3.1 Overview Supermarket and Hypermarket: Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
9.4 Convenience Store
9.4.1 Overview Convenience Store: Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
9.5 Online Stores
9.5.1 Overview Online Stores: Hummus Market - Revenue, and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview Others: Hummus Market - Revenue and Forecast to 2027 (US$ Million)
10. Hummus Market - Country Analysis
10.1 North America: Hummus Market
10.1.1 North America: Hummus Market, by Key Country US: Hummus Market -Revenue and Forecast to 2027 (US$ Million) US: Hummus Market, by Type US: Hummus Market, by Application US: Hummus Market, by Distribution Channel Canada: Hummus Market -Revenue and Forecast to 2027 (US$ Million) Canada: Hummus Market, by Type Canada: Hummus Market, by Application Canada: Hummus Market, by Distribution Channel Mexico: Hummus Market -Revenue and Forecast to 2027 (US$ Million) Mexico: Hummus Market, by Type Mexico: Hummus Market, by Application Mexico: Hummus Market, by Distribution Channel
11. Overview- Impact of COVID-19
12. Impact of COVID-19 Pandemic on North America Hummus Market
12.1 North America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Business Strategy & Business Planning
13.3 Merger and Acquisition
14. Company Profiles
14.1 Bakkavor
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Hope Foods, LLC.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Lantana Foods
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Lancaster Colony Corporation
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Tribe Hummus
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Strauss Group
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.8 Fountain of Health
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Boar’s Head Brand
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Hummus Goodness
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
15. Appendix
15.1 About the Publisher
15.2 Glossary

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Bakkavor
  • Boar’s Head Brand
  • Cedar’s Mediterranean Foods Inc.
  • Fountain of Health
  • Hope Foods, LLC
  • Hummus Goodness
  • Lancaster Colony Corporation
  • Lantana Foods
  • Strauss Group
  • Tribe Hummus.