Hummus Market Size, Share, Growth Analysis, By Type(Classic, Roasted Garlic, White Bean, Black Olive), By Packaging(Tubs/Cups, Jars/Bottles, others), By Distribution Channel(Supermarkets/Hypermarkets, Convenience Stores, Grocery Stores, Online Retails.), By Region - Industry Forecast 2024-2031

Hummus Market size was valued at USD 3.15 billion in 2019 and is poised to grow from USD 3.6 billion in 2023 to USD 10.21 billion by 2031, growing at a CAGR of 14.7% in the forecast period (2024-2031).

Hummus, also known as humous, is a cuisine dip or spread made with sesame seeds, chickpeas, olive oil, lemon juice, salt, and garlic. Hummus is consumed with pita bread. The proteins in the hummus and bread complement each other nicely, giving a delightful flavour. The popularity of various dips, sauces, and spreads has increased dramatically in the last decade. The growing customer demand for the product as a healthy and pleasurable dip or spread has fueled the market expansion. It is a popular Middle Eastern dip prepared with chickpeas, tahini, garlic, and olive oil. However, other pulses and vegetables, such as sweet potato or beetroot hummus, are often used to generate different variations.

As big food producers found difficult to meet the rising demand, it created an opportunity for minor companies to grab market space. Because the product is regarded as a healthy dip, its sales has skyrocketed in various countries nearly tripling the quarterly results. The growth in health consciousness among consumers is one of the major factors promoting its usage. It is packed with vitamins, proteins, and minerals, and its consumption promotes bone, muscles, and skin strength even while reducing cholesterol, offering it a nutritious dip. Furthermore, the product's wide availability in various ranges and capability to improve the flavour of food products contributes to market growth.

US Hummus Market is poised to grow at a sustainable CAGR for the next forecast year.