Hummus Market to Expand at 4.34% CAGR Through 2031
MarketsGlob, a leading market research firm, has released a comprehensive report on the global Hummus market, projecting substantial growth from 867.41 USD Million in 2023 to an estimated 1215.81 USD Million by 2031. This growth represents a robust compound annual growth rate (CAGR) of 4.34% during the forecast period from 2024 to 2031.
Overview of the Report:
The report delves into various segments of the Hummus industry, analyzing product types such as (Original Hummus, Red Pepper Hummus, and Others). It also explores applications across different demographics including (Supermarkets and Hypermarkets, Independent Retailers, etc), and examines sales channels encompassing Direct Channels and Distribution Channels. Key players influencing the market include (Strauss Group, Bakkavor, Tribe Hummus, Boar’s Head, Lantana Foods, & Others).
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Diverse Product Offerings:
Hummus encompasses a wide array of products tailored to meet diverse industry needs. (Original Hummus, Red Pepper Hummus, Roasted Garlic Hummus, Black Olive Hummus, White Bean Hummus, Others), each product category offers distinct features and advantages, ensuring versatility and safety across various applications.
Wide-ranging Applications:
The applications of Hummus extend across multiple industries, serving (Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores). This versatility underscores its utility in different fields.
Accessible Sales Channels:
With availability through both Direct and Distribution Channels, Hummus ensures widespread accessibility globally. This strategic distribution network facilitates market penetration across diverse regions.
Geographical Insights:
The report provides a detailed geographical analysis, covering key regions including:
- North America (United States, Canada, Mexico)
- Europe (Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific)
- South America (Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America)
- Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa)
Explore the complete Table of Contents: https://marketsglob.com/report/hummus-market/740/
Driving Forces:
Leading companies such as Strauss Group, Bakkavor, Tribe Hummus, Boar’s Head, Lantana Foods, Finnish Cheese Company, Cedar‚Äôs, Athenos, Sevan AB, Hope Foods, Vermont Hummus Company drive market growth through continuous innovation and a commitment to product excellence. Their contributions underscore the critical role of Hummus in safeguarding equipment across diverse industries.
For more insights and a comprehensive analysis of the Hummus market, download the full report from MarketsGlob.