Europe Hummus Market Size to Reach USD 653.36 million, With a CAGR of 9.2% CAGR by 2030 – Report by Market Research Future (MRFR)

Europe Hummus Market Overview:

The market research made on the Europe hummus shows a potential growth at a CAGR of 9.2% with a valuation of USD 653.36 Million during the forecast timeline which is till 2030.

Hummus is a Mediterranean and Middle Eastern food dip that is used as a spread to make food and even mashed chickpeas or other such beans in which olive oil, Tahini, Garlic, and lemon salt are mixed. The market of hummus consists of the traditional chickpea hummus along with different variants like Black bean hummus, white bean hummus, and lentil hummus to name a few. There has been an increase in the hummus products demand especially for packaged ones in Western Europe which are playing a primary role in the growth of the Europe hummus market. The increase in growth can be also attributed to the increase in plant-based protein demand and also the rise in health consciousness.

The Europe hummus market is likely to register at a good growth rate during the forecast timeline. The increased plant-based protein demand along with the increase in health consciousness is some of the crucial factors which are increasing the market growth demand. With the increased veganism adoption in Europe especially in the UK, the plant-based potential demand has also increased. There are manufacturers who are not keen to expand their line of products by launching organic hummus which is likely to offer better scope for the vendors active in the regional area. There has also been some fluctuation noted in the prices for raw materials which is likely to further hamper the market of Europe hummus growth.

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The pandemic crisis due to Covid-19 has affected the Europe hummus market in different ways. The stockpiling practice has further led to the rise in the Europe hummus market in the year 2020 which is likely to normalize right after the pandemic gets eased down. There has however been limited availability of food products that are shelf stable in the retail sector because of the huge impact on logistics which is presently one of the biggest concerns that you can notice in Europe. There has also been a rise in the shopper behavior shift from retail to e-commerce while the patterns of the new consumption across the area are noted too.

It has also been noted that due to the Pandemic crisis, there has been a stockpiling which is why retailers are also running out of stock while the grocery shelves are quite popular items that are empty which is affecting the brand choices that consumers have set.

Market Segmentation:

As per the Product Type

• Classic Hummus
• Lentil Hummus
• Edamame Hummus
• White Bean Hummus
• Black Bean Hummus

As per the Packaging Type

• Jars & bottles
• Tubs

As per the Distribution Channel

• Supermarkets & hypermarkets
• Convenience stores
• Store-based
• Non-store-based

As per the Country

• Germany
• UK
• Spain
• France
• Poland
• Italy

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Regional Classification:

The regional analysis made on the Europe hummus market shows that the UK is holding a major share with 42.09% while other countries like France and Germany are also the country-level markets you can note of this region.

Industry News:

Deldiche N.V., Moorish, Orexis Fresh Foods Ltd, and Zorba Delicacies Limited are some of the key players in the Europe hummus market who are soon planning to launch more products and expand or partner to make their position stronger.

Source Links:

• https://www.fortunebusinessinsights.com/hummus-market-105632
• https://www.digitaljournal.com/pr/europe-hummus-market-research-forecast-by-country-us-uk-france-germany-italy-spain-benelux-russia-turkey-switzerland-poland

Discover more research Reports on Food, Beverages & Nutrition industry, by Market Research Future:

Hummus Market Research Report – by Type (Classic Hummus, Lentil Hummus, Edamame Hummus, Garlic Hummus, Black Hummus and White bean Hummus) Packaging (Tubs/Cups, Jars/Bottles and others) and by Distribution Channel – Forecast till 2027

Pasta Sauces Market Research Report Information By Product Type (Tomato-Based Sauces, Pesto-Based Sauces), Category (Conventional, Organic), Packaging Type, Distribution Channel (Store-based, Non-store based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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