Hummus Market Size, Share, Growth Drivers, Opportunities, Top Companies, Industry Overview, and Revenue Forecast

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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.

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.                          

Key Findings of the Study: Hummus Market

Global Hummus Market Trend: Increasing Adoption of Vegan Diet & Organic Food

The prevalence of veganism has significantly increased in developed economies such as North America and Europe due to the awareness of animal cruelty & environmental sustainability. As per the Vegan Society, a Non-Profit Organization, among the total population, about 2.6 million individuals in Europe are vegan. With this rising vegan population, worldwide sales of vegan hummus have increased tremendously since these dips are entirely made from plant-based sources. Moreover, along with the vegan consumers, the individuals supporting cruelty-free products are also shifting towards plant-based and organic hummus. Thus, the organic hummus industry is experiencing growth.

Moreover, manufacturers are introducing new and improved organic variants due to the elevated demand for vegan hummus. In 2023, Little Sesame, an organic hummus brand, introduced its new range of organic hummus in all the stores across the US and other countries. These newly launched products have a bold new packaging design with plastic-neutral certification and contain organic flaxseed oil, attracting consumers looking for functional benefits & uplifting the Global Hummus Market growth.

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Scope of the Report and Hummus Market Segmentation

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

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

Hummus Market Development

  • 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.

For more detailed information about the Hummus market report, click here – https://www.marknteladvisors.com/research-library/hummus-market.html                                      

Geographical analysis:

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

  • Geographically, North America holds a prominent share in the Global Hummus Market. North American countries have a higher prevalence of lactose intolerant individuals.

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

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