Secret Techniques To Improve Hummus Market
The global hummus market size will grow by USD 1.52 billion during 2019-2023. This report offers an analysis of the market based on application (sauces and dips, paste and spreads, and others) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including Bakkavor Group, Cedar's Mediterranean Foods, Haliburton International Foods, Nestlé, and SABRA DIPPING CO.
Below are some of the key findings from the hummus market research report
Globally, the growing retail space is one of the positive trends, which can influence the growth of the global hummus market during the forecast period. The most common distribution formats of hummus are supermarkets and hypermarkets, convenience stores, discount stores, and online portals. The traditional channels for the sale of hummus are supermarkets and hypermarkets, and convenience stores. The share of convenience stores in global FMCG sales is increasing by more than 4% on a year over year basis. The sale of hummus through supermarkets and hypermarkets is also increasing as the number of supermarkets and hypermarkets is increasing globally. As a result, the growth of globally organized retail will influence the growth of global hummus market during the forecast period.
Below are some of the key findings from the hummus market research report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global hummus industry overview
One of the key factors contributing to the growth of the global hummus market is the increased number of new product launches. New product launches will increase the revenue flow of vendors and raise their market shares. For instance, in May 2018, SAJJ Mediterranean launched the chocolate hummus which is low in fat, sodium, and carbohydrates. This product claims to contain only 240 calories per 6-ounce container with ingredients such as garbanzo beans, tahini, cocoa powder, chocolate hazelnut spread, maple syrup, and vanilla extract. Also, in April 2018, Sabra Dipping Co. launched a new hummus variety featuring jackfruit. The new product, Sweet & Smoky BBQ Hummus with Jackfruit and Smoked Paprika contains 2 grams of protein per serving and is claimed to be gluten-free, kosher, vegan, and Non-GMO.Globally, the growing retail space is one of the positive trends, which can influence the growth of the global hummus market during the forecast period. The most common distribution formats of hummus are supermarkets and hypermarkets, convenience stores, discount stores, and online portals. The traditional channels for the sale of hummus are supermarkets and hypermarkets, and convenience stores. The share of convenience stores in global FMCG sales is increasing by more than 4% on a year over year basis. The sale of hummus through supermarkets and hypermarkets is also increasing as the number of supermarkets and hypermarkets is increasing globally. As a result, the growth of globally organized retail will influence the growth of global hummus market during the forecast period.
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