Global Hummus Market Growth 2019-2024 – ResearchbyMarkets.com

Research By Markets adds Market Research Report - Global Hummus Market Growth 2019-2024 – ResearchbyMarkets.com

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Hummus is a Levantine dip or spread made from cooked, mashed chickpeas or other beans, blended with tahini, olive oil, lemon juice, salt, and garlic. It is popular in the Middle East and Mediterranean, as well as in Middle Eastern cuisine around the globe. It can also be found in most grocery stores in North America and Europe.
In the coming years the demand for hummus in Europe market is expected to drive the market for more emerging countries. Increasing of industrial field expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of hummus in emerging countries will drive growth in global market.
The impact on the cost and availability of raw materials is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

According to this study, over the next five years the Hummus market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 877.1 million by 2024, from US$ 742 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hummus business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Hummus market by product type, application, key manufacturers and key regions and countries.

This study considers the Hummus value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Original Hummus
Red Pepper Hummus
Roasted Garlic Hummus
Black Olive Hummus
White Bean Hummus
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Supermarkets and Hypermarkets
Independent Retailers
Convenience Stores

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Strauss Group
Bakkavor
Tribe Hummus
Boar’s Head
Lantana Foods
Finnish Cheese Company
Cedar’s
Athenos
Sevan AB
Hope Foods
Vermont Hummus Company

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Hummus consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hummus market by identifying its various subsegments.
Focuses on the key global Hummus manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hummus with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hummus submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.


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