Global Hummus Market Forecast to 2030 - COVID-19 Impact and Analysis by Type (Original/Classic, Red Pepper, Black Olive, White Bean, and Others); Packaging Type (Tubs and Cups, Jars and Bottles, and Others); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others); and Geography
Global Hummus Market Introduction
Hummus is a very well-known
Middle Eastern dip and spread that has high mineral, vitamin, protein, and
fiber content. All the major ingredients of hummus chickpeas, garlic, sesame
seeds or paste, and olive oil—are recognized as superfoods. Chickpeas are high
in iron, phosphorus, and vitamin B complex. Tahini includes high zinc, calcium,
copper, and phosphorous content. Lemon juice is a rich source of vitamin C and
antioxidants. Garlic, which gives flavor to hummus, is enriched with
antioxidants, and trace minerals, and vitamins. The trend of veganism is
increasing with the increasing awareness regarding the need to protect the
environment. The rising demand for plant-based proteins and growing
health-consciousness are the major elements driving the market growth in the
region. benefits given by hummus such as better digestive health, appropriate
weight loss, improved blood sugar control, anti-inflammatory tendencies, and
lower heart disease risks are boosting its demand.
Global Hummus Market Overview
The global Hummus Market provides
an in-depth analysis of segments and sub-segments, region, and country analysis
of the overall growth prospects in the market. The report offers a complete
overview of the industry, including both qualitative and quantitative
information. The Hummus Market report covers a complete analysis and provides market
size and forecast estimation from the year 2017 to 2030 based on various
segments and sub-segments with respect to four major regions, including North
America, Europe, Asia-Pacific (APAC), Latin America & Middle East and
Africa (LAMEA). The research report highlights underlying factors such as the
drivers, restraints, opportunities, and trends of the global Hummus Market over
the long as well as short period of time. Furthermore, the global Hummus Market
report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand
recall, perceptual mapping, ecosystem/value chain analysis, Porter’s five
forces analysis, and investment pocket analysis with respect to the market. By
examining the data collected from primary and secondary methods, the report
offers actionable insights into future growth based on inputs from industry
experts to help readers formulate effective strategies. This information can
help stakeholders to make appropriate decisions before investing.
Global Hummus Market Insights
The market study offers a
complete overview of leading companies and their successful marketing
strategies and market contribution, such as business overview, financial
information, SWOT analysis, and key strategies, such as recent developments,
market expansion, partnership, merger & acquisitions, product launch,
product update, and other contexts. Players operating in the global Hummus
Market mainly focus on the adoption of various strategies to expand their
footprint across the world and take the initiative for the development of innovative,
efficient, and advanced products.
Market Mapping
Market mapping or perceptual
mapping is the graphical representation of where a brand, product, or service
stands among competitors. Market mapping analysis helps to understand the
client how their customers perceive their product offering with their
competitors for the Hummus Market. By identifying their current products and
competitor products on the market map, the business can fill an identified gap
to compete with the competition actively.
COVID-19 Impact on Global Hummus Market
The COVID-19 pandemic has largely
impacted globally since December 2019. According to the World Health
Organization (WHO) report, the US, India, Russia, Brazil, Italy, France,
Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst
affected countries due to the COVID-19. The pandemic is hampering the growth of
economies worldwide, and it is likely to continue in 2021. The outbreak
disrupts various industries, such as manufacturing, construction, automotive,
textiles, chemicals, cosmetics, tourism, hospitality, consumer goods,
transportation, IT and telecom, pharmaceutical, and among others. This results
in several obstacles in the supply chain, resulting in demand-supply gaps. This
scenario is expected to have a large impact on the global Hummus Market.
With Corona Virus Disease 2019
(COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also
economic pandemic, almost impacting trillions of dollars of revenues. Our
company brings a high-level insight as well as very deep insights relevant to several
promising markets. The study will cover:
·
Rapid shifts in top 100 companies across each
sector
·
Growth and decline in each sector due to the COVID-19
pandemic
Global Hummus
Market Segmentation
Global Hummus
Market – by Type
·
Original/Classic
·
Red Pepper
·
Black Olive
·
White Bean
·
Others.
Global Hummus
Market – by Packaging Type
·
Tubs and Cups
·
Jars and Bottles
·
Others
Global Hummus
Market – by Distribution Channel
·
Supermarkets and Hypermarkets
·
Convenience Stores
·
Online Retail
·
Others
Global Hummus Market – by Geography
·
North America
o US
o Canada
o Mexico
·
Europe
o Germany
o France
o Italy
o UK
o Russia
o Spain
o Netherlands
o Rest
of Europe
·
Asia-Pacific (APAC)
o China
o India
o South
Korea
o Japan
o Australia
o Singapore
o Rest
of APAC
·
LAMEA
o Latin
America
o Middle
East
o Africa
Key Players
2.
Bakkavor Group
3.
Boar’s Head Brand
4.
Cedar’s Mediterranean Foods Inc.
5.
Churny Company, Inc., Pita Pal Industries Inc.
6.
Fountain of Health
7.
Haliburton International Foods
8.
Hope Foods, LLC
9.
Hummus Goodness
10.
Lantana Foods
11.
ope Foods, LLC
12.
Strauss Group
13.
Strauss Group
14.
T. Marzetti Company
15.
Tribe Hummus
Brand Recall
Brand awareness is the
methodology by which customers are able to recall or recognize a brand
(unaided/aided) under several different conditions with respect to the market.
These strategies will help the company make people more aware of your brand,
especially by targeting relevant, high-quality audiences for the Hummus Market.
Key Questions Answered
·
Which region provides more
business opportunities for the global Hummus Market in the upcoming years?
·
Who is the leading overall Hummus Market, and
what strategies have been adopted by them?
·
Which segment accounted for the largest Hummus
Market share?
·
What are the upcoming trends in the global Hummus
Market? What impact would these trends make in the coming years for the Hummus
Market?
·
Which player offering the best product range for
the global Hummus Market?
Key Benefits for Stakeholders
·
This study presents the analytical description
of the Hummus Market analysis along with the current trends and future
estimations to describe coming up investment pockets
·
The complete Hummus Market opportunity is
resolute by knowing profitable trends to gain a stronger foothold
·
The report describes insights associated with
key drivers, restraints, opportunities, and trends of the global Hummus Market
with thorough impact analysis
·
The global Hummus Market is quantitatively
analyzed from 2017 to 2030 to focus on the monetary ability
·
PEST analysis defines the potency of the
consumers and suppliers in the global Hummus Market
·
Porter’s five forces analysis examines the five
forces that make a competitive company while identifying its strength and
weakness. The analysis will also identify competition, new entrants in the
market, supplier power, buyer power, and threat of substitute products and
services in the global Hummus Market
We offer customized reports as per the requirement of clients to
fulfill special requirements. We also provide regional and country reports as
well.