Hummus Market Growing with a Surprising Strength One Shouldn't Overlook

The latest study released on the Global Hummus Market by HTF MI evaluates market size, trend, and forecast to 2030. The Hummus market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include: Sabra (United States), Tribe (United States), Cedar's (United States), Boar's Head (United States), Athenos (United States), Whole Foods Market (United States), Saba (Lebanon), Hummus Republic (United States), Al Wadi Al Akhdar (Lebanon), Joyva (United States)

According to HTF Market Intelligence, the Hummus Market is expected to register a CAGR of 11.4% during the forecast period.

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Definition:
Hummus is a popular and versatile Middle Eastern dip or spread known for its creamy texture and rich, nutty flavor. It is made from a blend of cooked chickpeas (garbanzo beans), tahini (a paste made from sesame seeds), olive oil, lemon juice, and garlic. Hummus is not only a staple in Middle Eastern cuisine but also widely enjoyed globally due to its nutritious profile and adaptability.

Market Drivers:
Growing consumer desire for plant-based, healthier diets has significantly increased the hummus industr

Market Opportunities:
Developing trend in the direction of plant-based diets gives widespread opportunities for the hummus industry

Market Challenges:
Growing costs for raw materials, particularly for tahini and chickpeas, result in higher production and sales charges, which certainly reduce customer demand

Market Leaders & Development Strategies:
On 10th August 2023, Sabra launched a new line of flavored hummus, partnering with Frank's RedHot and Stubb's. This collaboration brings innovative, bold flavors to the market, blending Sabra's creamy hummus with the distinctive tastes of these popular sauce brands. The new range aims to offer exciting, enhanced options for hummus lovers.

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The Global Hummus Market segments and Market Data Break Down are illuminated below:
Hummus Market is Segmented by Type (Classic, Roasted Garlic, White Bean, Black Olive, Red Pepper, Others) by Packaging Type (Tubs/Cups, Jars/Bottles, Others) by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Grocery Stores, Online Retails) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
Global Hummus market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
• -To carefully analyze and forecast the size of the Hummus market by value and volume.
• -To estimate the market shares of major segments of the Hummus
• -To showcase the development of the Hummus market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Hummus market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Hummus
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Hummus market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐝𝐞𝐱 𝐨𝐟 𝐟𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐭𝐮𝐝𝐲: https://www.htfmarketintelligence.com/report/global-hummus-market

Major highlights from Table of Contents:
Hummus Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of Hummus market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Hummus Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Hummus Market Production by Region Hummus Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Hummus Market Report:
• Hummus Overview, Definition and Classification Market drivers and barriers
• Hummus Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Hummus Market
• Hummus Capacity, Production, Revenue (Value) by Region (2023-2030)
• Hummus Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Hummus Production, Revenue (Value), Price Trend by Type {Classic, Roasted Garlic, White Bean, Black Olive, Red Pepper, Others}
• Hummus Manufacturers Profiles/Analysis Hummus Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industryroad map and value chain Market Effect Factors Analysis.

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Key questions answered
• How feasible is Hummus market for long-term investment?
• What are influencing factors driving the demand for Hummus near future?
• What is the impact analysis of various factors in the Global Hummus market growth?
• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.