The Hummus Market Growth impelled by increase in demand for the plant-based protein products and health benefits due to rich nutritional profile including proteins, fibers, vitamins, and minerals.
New York, Sept. 08, 2021 (GLOBE NEWSWIRE) — Hummus Market: Key Insights
According to our new research study on “Hummus Market to 2028 – Global Analysis and Forecast – by Type, and Application,” the Hummus Market is projected to reach US$ 8,267.07 million from US$ 4,577.35 million in 2019 by 2028; it is expected to grow at a CAGR of 7.6% from 2021 to 2028. Health benefits associated with the consumption of hummus is catalyzing the growth of hummus market.
Hummus Market: Competition Landscape and Key Developments
are Bakkavor Group; Cedar’s Mediterranean Foods Inc.; Haliburton International Foods; Strauss Group; Tribe Hummus; Hope Foods, LLC; Fountain of Health; Hummus Goodness; Boar’s Head Brand; and Lantana Foods are among the key hummus market players.
In 2020, Europe held the largest share of the global hummus market. Germany, France, Italy, the UK, and Russia are among the major countries in Europe. Consumers in these countries are shifting to a plant-based diet. According to a veganism-related research in Europe conducted by Veganz, a Berlin-based vegan supermarket chain, the number of vegans doubled from 1.3 million in 2016 to 2.6 million in 2020.
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Furthermore, according to a report published by the EU-funded SMART PROTEIN project, the plant-based industry in