Middle East and Africa's Hummus Market Trends: Tradition Meets Modernity

♦ The global hummus market is poised for significant growth, projected to expand from USD 3.64 billion in 2024 to USD 7.93 billion by 2032, registering a CAGR of 10.2% during the forecast period. This surge is attributed to increasing consumer awareness of health and wellness, the rising popularity of plant-based diets, and the versatility of hummus as a nutritious food option.

♦ North America currently leads the market, with the United States accounting for a substantial share due to the widespread adoption of hummus as a healthy snack alternative. Europe follows closely, driven by the growing demand for plant-based foods and the popularity of Mediterranean cuisine. Asia Pacific is emerging as the fastest-growing region, fueled by urbanization, rising disposable incomes, and increasing acceptance of diverse culinary practices.

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♦ United States: Market Growth and Consolidation

In the United States, the hummus market is experiencing robust growth, supported by the increasing trend toward health-conscious eating and the popularity of Mediterranean cuisine. Major players like Sabra Dipping Company, LLC, a subsidiary of PepsiCo, dominate the market, holding a significant share due to their extensive distribution networks and continuous product innovation. Recent developments include PepsiCo acquiring full ownership of Sabra in November 2024, aiming to strengthen its position in the plant-based food segment.

♦ Asia Pacific: Emerging Opportunities and Trends

The Asia Pacific region is projected to witness the highest growth in the hummus market, with a CAGR of 12.6% from 2025 to 2030. Countries like India, China, and Australia are leading this trend, driven by increasing urbanization, rising health awareness, and the growing popularity of international cuisines. The market in this region is characterized by the introduction of innovative flavors and convenient packaging options to cater to the evolving consumer preferences.

♦ Middle East and Africa: Traditional Roots and Market Expansion

While hummus has its origins in the Middle East, the commercial market in this region is evolving. In countries like South Africa, the market is expanding due to the growing vegan trend and increasing per capita income. Manufacturers are focusing on introducing packaged hummus products to cater to the changing consumer lifestyles and preferences.

♦ Europe: Market Trends and Developments

Europe holds a significant share in the global hummus market, with the United Kingdom accounting for approximately 40% of the regional sales. The market is driven by the increasing demand for plant-based foods and the popularity of Mediterranean cuisine. Companies are investing in product innovation and expanding their distribution networks to meet the growing consumer demand.

♦ Competitive Landscape

The global hummus market is characterized by the presence of several key players focusing on product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Notable companies include Bakkavor Group Plc, Cedar's Mediterranean Foods, Inc., Haliburton International Foods, Strauss Group, Tribe Hummus, Hope Foods, LLC, Fountain of Health, Hummus Goodness, Boar's Head Brand, Lantana Foods, Sabra Dipping Company, LLC, Blue Moose of Boulder, Hormel Foods Corporation, Fontaine Santé Foods Inc., Ithaca Cold-Crafted, Mediterranean Organic, Roots Hummus, and Delighted By Hummus.

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♦ Breaking Down the Gigabit Network Access Control Systems Market: Key Segments Shaping the Industry

♦ by Component

Solution
Services

♦ Due to the growing use of third-party apps, the solution held a significant portion of the market in 2024 and is anticipated to continue to do so during the forecast period.

♦ by Deployment

Cloud-based
On-Premise

Cloud-based had the largest market share by deployment in 2024 because of the growing need to automate both general and sector-specific procedures. Due to the growing demand for secure transactions, which has prompted banks and other financial institutions to employ network security solutions, the BFSI sector of the industry vertical held the most market share in 2019 and is anticipated to maintain its leadership during the forecast period.

♦ by Industry Vertical

Banking Financial Services and Insurance
Healthcare and Life Sciences
IT and Telecommunication
Energy and Utilities
Manufacturing
Transportation
Retail
Education
Government & Defence
Others

North America, APAC, Europe, ME & Africa, and South America make up the geographical segments of the worldwide gigabit network access control systems market. Due to the presence of significant IT and software industry participants in this area, North America is anticipated to maintain its dominance during the projected period, holding the largest market share of xx% among these in 2024.

♦ by Organization Size

Large Enterprises
Small Medium Enterprises

♦ Due to the significant expenditures required for GDPR solutions and services, the large organization sector held the largest market share by organization size.

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♦ Meet the Industry Leaders Revolutionizing the Gigabit Network Access Control Systems Market

1. Auconet, Inc.
2. Avaya, Inc.
3. Fortinet, Inc.
4. Extreme Networks
5. Forescout Technologies Inc.
6. Hewlett Packard Enterprise Development LP
7. Impulse
8. InfoExpress
9. Check Point Software Technologies Ltd
10. Cisco
11. Portnox
12. Pulse Secure, LLC
13. StillSecure
14. Sophos Ltd
15. Trustwave Holdings, Inc.

♦ Uncover Key Insights Answering the Biggest Questions in the Gigabit Network Access Control Systems Market

What is Gigabit Network Access Control Systems ?
What is the growth rate of the Gigabit Network Access Control Systems Market?
Which are the factors expected to drive the Gigabit Network Access Control Systems market growth?
What is the CAGR at which the Gigabit Network Access Control Systems market will grow during the forecast period?
What are the different segments of the Gigabit Network Access Control Systems Market?
Which is the fastest growing region in the Gigabit Network Access Control Systems market?
What growth strategies are the players considering to increase their presence in Gigabit Network Access Control Systems ?
What are the upcoming opportunities and trends for the Gigabit Network Access Control Systems Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Gigabit Network Access Control Systems Market?
Who are the leading companies and what are their portfolios in Gigabit Network Access Control Systems Market?
What segments are covered in the Gigabit Network Access Control Systems Market?
Who are the key players in the Gigabit Network Access Control Systems market?

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♦ Explore the Revolutionary Products Powering Market Success

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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