Authored By: Sarah
21 Feb 2025

Latest News- Hummus Market: Sauces and dips is expected to lead the Application segment during 2025-2029

The Hummus Market is being driven by Introduction of new packaging

The Hummus Market is expected to grow at a CAGR of 13.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3489.3 million. The global hummus market is poised for significant expansion during the forecast period, driven in part by the increasing retail space globally. Traditional distribution channels, including supermarkets, hypermarkets, and convenience stores, continue to dominate hummus sales. However, online sales are gaining traction, with consumers increasingly turning to e-commerce platforms for their hummus needs. The growth of organized retail channels, particularly globally, will be a key factor fueling market growth during the forecast period. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

  • Application
    • Sauces and dips
    • Pastes and spreads
    • Others
  • Type
    • Classic hummus
    • Lentil hummus
    • Others
  • Packaging
    • Jars
    • Tubs
    • Pouches
  • Distribution Channel
    • Offline
    • Online
  • Geography
    • North America
      • Canada
      • US
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
    • APAC
      • Middle East and Africa
        • South America

        According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

        • Introduction of new packaging
        • Rising urbanization and changing consumer lifestyles
        • Increasing preference for convenience in cooking

        However, the market also witnesses some limitations, which are as follows:

        • Effects of natural calamities and raw material supply shortage
        • Increasing competition from local brands
        • Stringent government regulations associated with production of hummus

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        Market Scope in Hummus Market Research Report

        Market Scope

        Report Coverage

        Details

        Page number

        235

        Base year

        2024

        Historic period

        2019-2023

        Forecast period

        2025-2029

        Growth momentum & CAGR

        Accelerate at a CAGR of 13.5%

        Market growth 2025-2029

        USD 3489.3 million

        Market structure

        market_structure.ucfirst

        YoY growth 2024-2025(%)

        11.6

        Key countries

        US, Canada, Australia, UK, Saudi Arabia, UAE, Germany, France, Italy, and Spain

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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        Find out which segment is leading the market by accessing the free PDF report

        Research Analysis Overview

        The Hummus market encompasses various types, including Organic Hummus, Classic Hummus, Lentil Hummus, Garlic Hummus, Black Hummus, and White Bean Hummus, catering to vegan diets and veganism. These dips, rooted in Mediterranean cuisine, offer functional ingredients and immunity attributes, such as herbs and spices like turmeric, lavender, lime, and blueberry. With long shelf-life and affordability, hummus is a health-beneficial fridge staple rich in proteins, fiber, antioxidants, vitamins, and nutritional constituents. Millennials appreciate its taste, convenience, and plant-based appeal as a healthy snack, with options like Chickpea Hummus, Tahini Dip, and Chickpea Spread, making it a popular choice for vegan snacks and a versatile plant-based dip option.

        Market Research Overview

        The global packaged foods and meats market encompasses businesses engaged in food processing to ensure food safety and increase product longevity. According to Technavio, the market's size is determined by the consolidated revenue of participating vendors. This market excludes food processing equipment manufacturers and packaged beverage producers, including alcoholic and non-alcoholic beverages. Factors fueling the market's expansion include the health benefits linked to the consumption of minimally processed foods, such as hummus varieties like organic, classic, lentil, garlic, and black hummus, which are rich sources of essential nutrients including potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


        Contacts

        Technavio Research
        Jesse Maida
        Media & Marketing Executive
        US: +1 844 364 1100
        UK: +44 203 893 3200
        Email: media@technavio.com
        Website: www.technavio.com/

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