Description
Europe Hummus Market Research Report—Forecast till 2026
Market Overview
Europe hummus market is anticipated to exhibit a significant CAGR of 9.2% to reach USD 653.36 Million during the review period. Hummus is a creamy dip prepared by blending chickpeas, tahini, olive oil, lemon juice, and garlic in a food processor. Hummus is consumption has increased in recent years due to its various health benefits such as rich fiber content, low glycemic index, anti-inflammatory properties, a great source of plant-based protein. The rising need for packaged hummus products, especially in Western Europe, is a major growth driving factor of the Europe hummus market. However, the limited availability of shelf-stable food product stocks in retail stores owing to the high impact of the COVID-19 outbreak on logistics is becoming one of the biggest concerns across Europe.
The Europe hummus market is expected to exhibit substantial market growth during the review period owing to the increasing demand for plant-based protein and increasing health consciousness among people. Additionally, the growth can be attributed to the growing requirement for plant-based protein and the increasing health consciousness. The classic hummus segment is becoming popular and set to command the market during the review period owing to the increasing consumption of Middle Eastern cuisine in Europe. Moreover, manufacturers are also expanding their product lines by launching organic hummus, which is expected to create lucrative opportunities for the vendors active in the regional market. However, variations in raw material prices are expected to restrain the growth of the Europe hummus market during the study.
Market Segmentation
Europe Hummus Market has been segmented based on Product Type, packaging type, and distribution channel. Based on product type the market has been classified on Classic Hummus, Lentil Hummus, Edamame Hummus, White Bean Hummus, Black Bean Hummus, and Others. The classic hummus segment is expected to register substantial CAGR and reach USD 435.42 million during the review period owing to the largest share in 2019.
Based on the Packaging Type segment the market is segmented on Tubs, Jars & Bottles, and Others. By Distribution Channel the market is bifurcated into Store-Based and Non-store-based segments.
Regional Analysis
Based on the region the Europe Hummus Market has been spread across the UK, Germany, France, Spain, Italy, Poland, and the Rest of Europe.
The UK is likely to contribute to the largest market owing to the biggest market of 42.09% in 2019. The Hummus Market in the UK is propelled by the highest number of hummus consumers. Germany constitutes the second largest market for hummus. Spain is considered the fastest growing market in the region owing to the existence of major producers and consumers of olive oil and paprika.
Major Players
The Key Players operating in the Europe hummus market include Obela (Australia), Sabra Dipping Co., LLC (US), Moorish (UK), Deldiche N.V. (Belgium), MeToo! Foods (UK), Lazy Foods (Netherlands), Labeyrie Fine Foods (France), Beliès (Belgium), Orexis Fresh Foods Ltd (UK), and Zorba Delicacies Limited (UK).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 EUROPE HUMMUS MARKET, BY PRODUCT TYPE 13
1.2 EUROPE HUMMUS MARKET, BY PACKAGING TYPE 14
1.3 EUROPE HUMMUS MARKET, BY DISTRIBUTION CHANNEL 15
2 MARKET INTRODUCTION
2.1 DEFINITION 16
2.2 SCOPE OF THE STUDY 16
2.3 RESEARCH OBJECTIVE 16
2.4 MARKET STRUCTURE 17
2.5 KEY BUYING CRITERIA 17
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 18
3.2 PRIMARY RESEARCH 19
3.3 SECONDARY RESEARCH 20
3.4 MARKET SIZE ESTIMATION 20
3.5 FORECAST MODEL 22
3.6 LIST OF ASSUMPTIONS 23
4 MARKET DYNAMICS
4.1 INTRODUCTION 24
4.2 DRIVERS 25
4.2.1 RISING DEMAND FOR PLANT-BASED PROTEIN 25
4.2.2 INCREASING HEALTH CONSCIOUSNESS 25
4.2.3 GROWING AVAILABILITY OF PACKAGED HUMMUS PRODUCTS 26
4.2.4 DRIVERS IMPACT ANALYSIS 26
4.3 RESTRAINT 27
4.3.1 FLUCTUATING RAW MATERIAL PRICES 27
4.3.2 RESTRAINT IMPACT ANALYSIS 27
4.4 OPPORTUNITIES 28
4.4.1 PRODUCTION OF ORGANIC HUMMUS 28
4.5 CHALLENGES 28
4.5.1 BRAND POSITIONING 28
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS 29
5.1.1 RAW MATERIAL 31
5.1.2 PROCESSING 31
5.1.3 PACKAGING 31
5.2 SUPPLY CHAIN ANALYSIS 32
5.3 PORTER’S FIVE FORCES MODEL 33
5.3.1 THREAT OF NEW ENTRANTS 34
5.3.2 BARGAINING POWER OF SUPPLIERS 34
5.3.3 BARGAINING POWER OF BUYERS 34
5.3.4 THREAT OF SUBSTITUTES 35
5.3.5 INTENSITY OF RIVALRY 35
5.4 IMPACT OF THE COVID-19 OUTBREAK ON THE EUROPE HUMMUS MARKET 35
5.5 SPAIN & POLAND OVERVIEW 36
6 EUROPE HUMMUS MARKET, BY PRODUCT TYPE
6.1 OVERVIEW 38
6.1.1 EUROPE HUMMUS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2018–2026 39
6.2 CLASSIC HUMMUS 40
6.2.1 CLASSIC HUMMUS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 40
6.3 LENTIL HUMMUS 41
6.3.1 LENTIL HUMMUS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 41
6.4 EDAMAME HUMMUS 42
6.4.1 EDAMAME HUMMUS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026. 42
6.5 WHITE BEAN HUMMUS 43
6.5.1 WHITE BEAN HUMMUS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 43
6.6 BLACK BEAN HUMMUS 44
6.6.1 BLACK BEAN HUMMUS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 44
6.7 OTHERS 45
6.7.1 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 45
7 EUROPE HUMMUS MARKET, BY PACKAGING TYPE
7.1 OVERVIEW 46
7.1.1 EUROPE HUMMUS MARKET ESTIMATES & FORECAST, BY PACKAGING TYPE, 2018–2026 47
7.2 TUBS 47
7.2.1 TUBS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 47
7.3 JARS & BOTTLES 48
7.3.1 JARS & BOTTLES: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 48
7.4 OTHERS 49
7.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 49
8 EUROPE HUMMUS MARKET, BY DISTRIBUTION CHANNEL
8.1 OVERVIEW 50
8.1.1 EUROPE HUMMUS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018–2026 51
8.2 STORE-BASED 52
8.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 52
8.2.1.1 SUPERMARKETS & HYPERMARKETS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 53
8.2.1.2 CONVENIENCE STORES: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 53
8.2.1.3 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 54
8.3 NON-STORE-BASED 55
8.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018–2026 55
9 EUROPE HUMMUS MARKET, BY COUNTRY
9.1 OVERVIEW 56
9.1.1 UK 58
9.1.2 GERMANY 60
9.1.3 FRANCE 62
9.1.4 SPAIN 64
9.1.5 ITALY 66
9.1.6 POLAND 68
9.1.7 REST OF EUROPE 70
10 COMPETITIVE LANDSCAPE
10.1 INTRODUCTION 72
10.1.1 MARKET STRATEGY ANALYSIS 72
10.2 COMPETITIVE BENCHMARKING 73
10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 74
10.3.1 PRODUCT LAUNCH 74
10.3.2 EXPANSION 74
10.3.3 ACQUISITION 75
11 COMPANY PROFILES
11.1 OBELA 76
11.1.1 COMPANY OVERVIEW 76
11.1.2 FINANCIAL OVERVIEW 76
11.1.3 PRODUCTS OFFERED 77
11.1.4 KEY DEVELOPMENTS 77
11.1.5 SWOT ANALYSIS 78
11.1.6 KEY STRATEGIES 78
11.2 SABRA DIPPING CO., LLC 79
11.2.1 COMPANY OVERVIEW 79
11.2.2 FINANCIAL OVERVIEW 79
11.2.3 PRODUCTS OFFERED 80
11.2.4 KEY DEVELOPMENTS 81
11.2.5 SWOT ANALYSIS 82
11.2.6 KEY STRATEGIES 82
11.3 MOORISH 83
11.3.1 COMPANY OVERVIEW 83
11.3.2 FINANCIAL OVERVIEW 83
11.3.3 PRODUCTS OFFERED 83
11.3.4 KEY DEVELOPMENTS 83
11.3.5 KEY STRATEGIES 83
11.4 DELDICHE N.V. 84
11.4.1 COMPANY OVERVIEW 84
11.4.2 FINANCIAL OVERVIEW 84
11.4.3 PRODUCTS OFFERED 84
11.4.4 KEY DEVELOPMENTS 84
11.4.5 SWOT ANALYSIS 85
11.4.6 KEY STRATEGIES 85
11.5 METOO! FOODS 86
11.5.1 COMPANY OVERVIEW 86
11.5.2 FINANCIAL OVERVIEW 86
11.5.3 PRODUCTS OFFERED 86
11.5.4 KEY DEVELOPMENTS 86
11.5.5 SWOT ANALYSIS 87
11.5.6 KEY STRATEGIES 87
11.6 LAZY FOODS 88
11.6.1 COMPANY OVERVIEW 88
11.6.2 FINANCIAL OVERVIEW 88
11.6.3 PRODUCTS OFFERED 88
11.6.4 KEY DEVELOPMENTS 88
11.6.5 KEY STRATEGIES 88
11.7 LABEYRIE FINE FOODS 89
11.7.1 COMPANY OVERVIEW 89
11.7.2 FINANCIAL OVERVIEW 89
11.7.3 PRODUCTS OFFERED 89
11.7.4 KEY DEVELOPMENTS 90
11.7.5 SWOT ANALYSIS 90
11.7.6 KEY STRATEGIES 91
11.8 BELIÈS 92
11.8.1 COMPANY OVERVIEW 92
11.8.2 FINANCIAL OVERVIEW 92
11.8.3 PRODUCTS OFFERED 92
11.8.4 KEY DEVELOPMENTS 92
11.8.5 KEY STRATEGIES 92
11.9 OREXIS FRESH FOODS LTD 93
11.9.1 COMPANY OVERVIEW 93
11.9.2 FINANCIAL OVERVIEW 93
11.9.3 PRODUCTS OFFERED 93
11.9.4 KEY DEVELOPMENTS 93
11.9.5 KEY STRATEGIES 93
11.10 ZORBA DELICACIES LIMITED 94
11.10.1 COMPANY OVERVIEW 94
11.10.2 FINANCIAL OVERVIEW 94
11.10.3 PRODUCTS OFFERED 94
11.10.4 KEY DEVELOPMENTS 94
11.10.5 KEY STRATEGIES 94
