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The hummus market size is forecast to increase by USD 2.85 billion, at a CAGR of 12.5% between 2023 and 2028. The market is witnessing significant growth due to the increasing preference for plant-based dip options as a healthier alternative to traditional dips. Hummus, a popular Chickpea Tahini Dip rooted in Mediterranean Cuisine, has become a fridge staple for many consumers. Market trends include the introduction of innovative packaging to increase convenience and shelf life, as well as the growing retail space dedicated to natural and organic food products. However, natural calamities and raw material supply shortages pose challenges to market growth. Producers must navigate these obstacles to maintain supply and meet the escalating demand for this versatile and nutritious dip option.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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