The Global Hummus Market is Predict to reach USD 10.2 Billion by 2031, at a CAGR of 14.5%

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Hummus Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Hummus Market size is expected to reach $10.2 billion by 2031, rising at a market growth of 14.5% CAGR during the forecast period. In the year 2023, the market attained a volume of 155,761.6 tonnes, experiencing a growth of 13.6% (2020-2023).

The Convenience Stores segment is anticipating a CAGR of 14.7% during (2024 - 2031). Convenience stores also play an important role in the hummus market, catering to consumers seeking quick, accessible snack options. Hummus in these stores is often marketed as a healthy snack alternative, with consumers purchasing single-serving cups for immediate consumption. The rising trend of healthier, plant-based snacks has helped boost hummus sales in convenience stores, especially in areas with high foot traffic, such as urban locations and gas stations.

Hummus Market Size - By Region

The Tubs & Cups segment is leading the Global Hummus Market by Packaging in 2023,; thereby, achieving a market value of $5,182.4 million by 2031. This packaging type is widely favored for its convenience, portability, and easy-to-use design, making it a preferred choice for both consumers and retailers. Tubs and cups are often available in various sizes, from single-serving portions to larger family-sized containers, catering to a broad range of consumer needs. Their resealable lids help maintain product freshness, making them ideal for consumers who prefer to store hummus for extended periods after opening.

The Roasted Garlic Hummus segment is registering a CAGR of 14% during (2024 - 2031). Roasted garlic, with its sweeter, milder taste compared to raw garlic, offers a more sophisticated alternative to classic hummus, attracting those seeking more complex and savory flavor profiles. This variety has gained popularity as consumers explore new options for enhancing their snacking and meal experiences. The rising interest in artisanal and gourmet food products also contributes to the segment's growth, as roasted garlic hummus is often marketed as a premium option. Additionally, the growing trend of plant-based eating and the popularity of Mediterranean-inspired flavors are key factors propelling the demand for this variant.

Full Report: https://www.kbvresearch.com/hummus-market/

The North America market dominated the Global Hummus Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3.9 billion by 2031. The Europe market is experiencing a CAGR of 14.3% during (2024 - 2031). Additionally, The Asia Pacific market would showcase a CAGR of 15.1% during (2024 - 2031).

List of Key Companies Profiled

Hummus Market Report Segmentation

By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)

Supermarkets & Hypermarkets
Convenience Stores
Online Stores
Other Distribution Channels

By Packaging (Volume, Tonnes, USD Billion, 2020-2031)

Tubs & Cups
Jars & Bottles
Other Packagings

By Product (Volume, Tonnes, USD Billion, 2020-2031)

Classic Hummus
Roasted Garlic Hummus
White Bean Hummus
Black Olive Hummus
Other Products

By Geography (Volume, Tonnes, USD Billion, 2020-2031)

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

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The Global Hummus Market is Predict to reach USD 10.2 Billion by 2031, at a CAGR of 14.5%

Special Offering :

Hummus Market Growth, Trends and Report Highlights

List of Key Companies Profiled

Hummus Market Report Segmentation

North America Hummus Market Size & Forecast Report | 2031

LAMEA Hummus Market Size, Share & Forecast Analysis | 2031

Europe Hummus Market Size, Share & Top Key Players | 2031

Asia Pacific Hummus Market Size | Industry Trend to 2031