Hummus Market
Hummus Market
The market for Hummus was estimated at $4.91 billion in 2024; it is anticipated to increase to $9.8 billion by 2030, with projections indicating growth to around $17.4 billion by 2035.
Global Hummus Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Hummus market is projected to grow from $4.9 billion in 2024 to $15.5 billion in 2034. This represents a CAGR of 12.2%, reflecting rising demand across Dip and Spread, Cooking Ingredient and Protein-packed Ingredient.
- Sabra Dipping Company LLC and Cedar's Mediterranean Foods operate as major market leaders which determine the competitive dynamics of this sector.
- U.S. and UK are the top markets within the Hummus market and are expected to observe the growth CAGR of 11.0% to 14.6% between 2024 and 2030.
- Emerging markets including Brazil, South Africa and Singapore are expected to observe highest growth with CAGR ranging between 8.5% to 12.8%.
- The Hummus market will experience a $1.5 billion growth boost through 2030 because of the transition toward organic and natural ingredients.
- The Hummus market is set to add $10.6 billion between 2024 and 2034, with manufacturer targeting Online Retailers & undefined Distribution Channel projected to gain a larger market share.
- With Rising health awareness, and Emerging veganism trend, Hummus market to expand 216% between 2024 and 2034.
Opportunities in the Hummus
Given the growing interest among consumers in health and well being hummus producers have a chance to position their goods as options. Emphasizing its value, in protein and fiber hummus can be presented as a choice compared to conventional dips or spreads.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rising Health Awareness, and Innovations in Flavour and Packaging
Restraint: Fluctuating Raw Material Prices
Opportunity: Innovative Hummus Varieties and Hummus in Plant-Based Diets
Challenge: Regional Taste Preferences
Supply Chain Landscape
Chickpeas Farmers Worldwide
Sesame Seeds Producers Worldwide
Strauss Group
Bakkavor Foods Ltd
Sabra Dipping Company LLC
Cedar's Mediterranean Foods Inc
Tribe Hummus
Walmart Inc
Costco Wholesale Corporation
Amazon Inc
Chickpeas Farmers Worldwide
Sesame Seeds Producers Worldwide
Strauss Group
Bakkavor Foods Ltd
Sabra Dipping Company LLC
Cedar's Mediterranean Foods Inc
Tribe Hummus
Walmart Inc
Costco Wholesale Corporation
Amazon Inc