Hummus Market size to cross $ 917.2 Million by 2025

by Admin   Product ID:2442094

Worldwide Hummus market is expected to register a CAGR of 3.1 % during 2019 to 2025, and will reach 917.2 Million USD by 2025 from 810.6 Million USD it had previously accounted in 2019.

Hummus Market

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The latest report on Hummus market helps stakeholders, marketers, and businesses understand crucial aspects such as the growth drivers and key trends, and subsequently aid them in generating high returns by exploiting all the available opportunities. In addition, it recommends methods to effectively tackle the existing as well as upcoming challenges in this business sphere. Moreover, the document stresses on the consumption and production aspects to infer the overall performance of the market over the forecast timeline.

Hummus Market Report Coverage
Report Covrage Details
Base Year: 2019
Market Size in 2019: 810.6 Million (USD)
Forecast Year: 2025
Forecast Value: 917.2 Million (USD)
CAGR: 3.1%
By Application: Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores
By Product: Original Hummus, Red Pepper Hummus, Roasted Garlic Hummus, Black Olive Hummus, White Bean Hummus, Others
By Key Players: Strauss Group, Athenos, Boar's Head, Bakkavor, Cedara??s, Tribe Hummus, Hope Foods, Finnish Cheese Company, Lantana Foods, Sevan AB, Vermont Hummus Company

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The latest Hummus market report aims to unearth the best opportunities and foster efficient information for businesses to thrive in this vertical during the forecast period 2019-2025. Moreover, it endeavors to provide appropriate solutions to complex challenges and initiates an effortless decision-making process.

As per expert analysts, the industry is anticipated to accrue substantial returns, exhibiting 3.1% CAGR over the stipulated timeframe.

Proceeding further, the research literature encompasses wide-ranging and comprehensive insights on the various sub-markets. It then proceeds to delineate the competitive landscape with respect to the leading players, emerging contenders, and new entrants in the industry. Apart from this, in view of the disruptions caused by the Covid-19 pandemic, the study makes inclusion of various plans to effectively navigate these uncertain times.

Key highlights from the Hummus market report:

  • Impact of Covid-19 on market remuneration scope
  • Records of the sales volume and revenue
  • Prevalent and upcoming industry trends
  • Positives and negatives of direct and indirect sales channels
  • A citation of the top distributors, traders, and dealers

Hummus market segments covered in the report:

  • Country-wise analysis of each regional market
  • Total sales, returns, and market share held by each region
  • Projections for the growth rate and revenue of each region over the forecast duration

Product types: Original Hummus, Red Pepper Hummus, Roasted Garlic Hummus, Black Olive Hummus, White Bean Hummus, Others

  • Pricing of each product type
  • Estimated market share of each product segment based on the sales and revenue garnered

Application spectrum: Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores

  • Product pricing based on their application reach
  • Sales and revenue of each application segment over during the assessment period

Competitive dashboard: Strauss Group, Athenos, Boar's Head, Bakkavor, Cedara??s, Tribe Hummus, Hope Foods, Finnish Cheese Company, Lantana Foods, Sevan AB, Vermont Hummus Company

  • Basic details of each company.
  • Product and service catalogue of the listed companies
  • Tallies of pricing model, sales, gross margins and industry share of each contender
  • SWOT analysis of the mentioned firms
  • Conclusive data on the commercialization rate, market concentration ratio, marketing strategies, and other business centric aspects

Frequently Asked Questions (FAQ) :

The overall Hummus market might register a CAGR of 3.1 % over the anticipated period.
In 2019, the Hummus market registered a remuneration of 810.6 Million USD
The worth of Hummus market is expected to reach a valuation of 917.2 Million USD by 2025.

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