Hummus Market Size, Value Share, Industry Research, Global Demand, Leading Players and Forecast to

HUMMUS MARKET RESEARCH REPORT 2018

Industry Survey, Growth, Competitive Landscape and Forecasts to 2027

PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

HUMMUS MARKET RESEARCH REPORT 2018 Hummus Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2027 Hummus is a popular Levantine or Egyptian food spread made of cooked, mashed chickpeas, beans, blended with a variety of toppings such as Olive Oil, Tahini, Lemon Juice and Garlic etc. Hummus enjoys wide acceptance in regions of Middle East and North Africa and has spread to other regions of the globe.

Growing popularity aided by globalization, diaspora spread and the tradition of hummus are aiding the market to a high growth. Hummus has enjoyed average global consumption growth rates of 8.8 % during the last decade. The rising income and lifestyle changes, growing quick service restaurants network, advent of food services web apps, urbanization, growing awareness of healthy foods, developments of global air conditioned supply chains and trucking are other driver of the market. Increasing preference for artisanal food products, development of newer flavors and growing number of high end restaurants, are aiding the growth of the market. Popularity of hummus is also in part to its being made of ingredients which follow Jewish dietary laws, and it can be combined with both meat and vegetarian meals.

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HUMMUS MARKET RESEARCH REPORT 2018

Research Methodology

MRFR employs robust research tools which ensure the high accuracy and reliability of the reports. Data is gathered using a combination of primary and secondary research inputs. Primary research method embroils first-hand feedbacks from key stakeholders for information collection and triangulation of data. As a part of secondary research process, our analysts tap into credible public sources such as government websites, whitepapers, annual reports, etc. which provisions validation of primary data. For market forecasting and estimation, our expert analysts implement the use of top-down and bottom-up approaches to provide an all-encompassing view of the market. This assures coagulation of intelligent insights, which assist our clients in making vital and impactful business decisions.

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HUMMUS MARKET RESEARCH REPORT 2018 Regional Analysis USA and the Middle East holds the largest market share In terms of value led by the traditional hummus producing regions of Middle East. USA accounted for 34 % of the global hummus market by volume in 2015. The high penetration of tourism and hoteling in the U.S., high influence of media, coupled with the growing influence of expats and diaspora are the drivers behind the growth of the U.S. market.

Europe led by Germany, Turkey, France, and the U.K. account for the second largest market. The growing tourism industry is also a strong driver of the market in the Asia Pacific region. The market is expected to shift towards Asia Pacific region led by Japan, China and India.

The Middle East and Africa regions are expected to demonstrate a high CAGR growth due to the traditional popularity of hummus. The nations of Saudi Arabia, UAE, Kuwait and Israel account for the largest share of the Middle East and Africa market.

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HUMMUS MARKET RESEARCH REPORT 2018 Application & Major Players in this Research: Hummus Market Prominent Players:

 Sabra Dipping Co., LLC (U.S.),  Haliburton International Foods, Inc. (California),  Tribe Mediterranean Foods, Inc. (Massachusetts),  T. Marzetti (U.S.),  Cedar's Mediterranean Foods, Inc. (Massachusetts),  Churny Company, Inc. (U.S.) AND  Pita Pal Industries Inc. (Texas)

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