The hummus market share in Europe is expected to increase by USD 321.34 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.53%.
This hummus market research report of Europe provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers hummus market segmentation in Europe by type (classic hummus, lentil hummus, and others) and geography (UK, Germany, France, Spain, and Rest of Europe). The hummus market report of Europe also offers information on several market vendors, including Deldiche NV, LABEYRIE FINE FOODS, Lazy Foods BV, MeToo Foods, Moorish Ltd., OREXIS FRESH FOODS Ltd., Perla Deutschland GmbH, Pietercil Group, Strauss Group Ltd., and Zorba Delicacies Ltd. among others.
What will the Hummus Market Size in Europe be During the Forecast Period?
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Hummus Market in Europe: Key Drivers and Challenges
The growing popularity of hummus is notably driving the Europe hummus market growth, although factors such as fluctuations in raw material prices may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hummus industry in Europe. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Hummus Market Driver in Europe
Various hummus manufacturers such as Moorish Ltd and Deldiche NV are headquartered in Europe, which is one of the reasons consumers in the region are accepting this food dip. Also, sesame, in the form of tahini paste, is a major ingredient in making hummus. Thus, with the growing demand for hummus, players are currently experimenting with the taste of hummus to attract new consumers and retain old ones. Hummus has recently gained importance in Europe as it is a staple item that is eaten along with pita bread. Hummus and tahini together provide an ethnic flavor to any dish. In terms of health, sesame seeds, when added to hummus, boost the content of protein, vitamins, and essential minerals. With the availability of hummus in different flavors like red pepper hummus and garlic hummus, consumers have a wide variety to choose from. Thus, with the growing popularity of hummus, the demand for tahini is also expected to increase. This, in turn, will drive the growth of the market in focus during the forecast period.
Key Hummus Market Challenge in Europe
Hummus manufacturers face constant risks because of the fluctuations in raw material prices. Changes in raw material shipping prices affect the retail price of fresh ingredients. Any increase in the prices of ingredients, such as tahini, not only raises the manufacturing costs but also decreases the profit margins for manufacturers. This, along with the need to remain competitive in the market, compels hummus manufacturers to use low-cost substitutes. A variety of ingredients are required to manufacture hummus products on a commercial scale. Therefore, the fluctuations in the price of ingredients used to make hummus often create problems in production and pricing for hummus manufacturers. Manufacturers find it difficult to estimate spending or control costs because of price fluctuations. This also leads to inconsistency in the quality of products, thereby hampering demand in the market. Therefore, fluctuations in raw material prices may hamper the growth of the hummus market in Europe during the forecast period.
This hummus market analysis report of Europe also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Who are the Major Hummus Market Vendors in Europe?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Deldiche NV
- LABEYRIE FINE FOODS
- Lazy Foods BV
- MeToo Foods
- Moorish Ltd.
- OREXIS FRESH FOODS Ltd.
- Perla Deutschland GmbH
- Pietercil Group
- Strauss Group Ltd.
- Zorba Delicacies Ltd.
This statistical study of the hummus market in Europe encompasses successful business strategies deployed by the key vendors. The Europe hummus market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The hummus market forecast report of Europe offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Hummus Market in Europe?
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43% of the market’s growth will originate from the UK during the forecast period. However, the market growth rate in the UK will be slower than the growth of the market in France and Spain.
The rising demand for ethnic cuisines and the growing popularity of home-cooked meals will facilitate the hummus market growth in UK over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating Type Segments in the Hummus Market in Europe?
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The hummus market share growth in Europe by the classic hummus segment will be significant during the forecast period. Classic hummus is made of chickpeas, chickpea flour, tahini, garlic, olive oil, and other ingredients. Plants such as legumes, including chickpeas, are a good source of protein and are also considered to have a high content of iron, irrespective of whether well or poorly available for absorption. Therefore, the growing adoption of legume varieties like chickpeas and products made from them is expected to foster the growth of the segment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the Europe hummus market size and actionable market insights on post COVID-19 impact on each segment.
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Hummus Market Scope in Europe |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.53% |
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Market growth 2022-2026 |
$ 321.34 million |
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Market structure |
Concentrated |
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YoY growth (%) |
8.31 |
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Regional analysis |
Europe |
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Performing market contribution |
UK at 43% |
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Key consumer countries |
UK, Germany, France, Spain, and Rest of Europe |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Deldiche NV, LABEYRIE FINE FOODS, Lazy Foods BV, MeToo Foods, Moorish Ltd., OREXIS FRESH FOODS Ltd., Perla Deutschland GmbH, Pietercil Group, Strauss Group Ltd., and Zorba Delicacies Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Hummus Market Report of Europe?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive hummus market growth in Europe during the next five years
- Precise estimation of the hummus market size in Europe and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the Europe hummus industry across UK, Germany, France, Spain, and Rest of Europe
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of Europe hummus market vendors
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