Report Overview
Lentil hummus is a variant of traditional chickpea hummus that has gained popularity in recent years due to its nutritional benefits and unique flavor profile. Lentil hummus is made from cooked lentils blended with ingredients like tahini, olive oil, lemon juice, and garlic, offering a rich source of plant-based protein, fiber, and essential nutrients.
The current market size for lentil hummus in 2023 is estimated at approximately USD 45 million. With a projected compound annual growth rate (CAGR) of 8.5% from 2024 to 2032, the market is expected to reach USD 78 million by the end of the forecast period. This growth can be attributed to increasing consumer awareness of plant-based diets, rising demand for healthy snack options, and the expanding market for alternative protein sources.
Several key growth drivers are fueling the expansion of the lentil hummus market. Firstly, the growing trend towards vegetarianism and veganism is driving demand for plant-based protein alternatives, with lentil hummus being a nutritious option. Additionally, consumers are becoming more health-conscious, seeking products that are high in protein, fiber, and free from artificial additives. The convenience factor of ready-to-eat lentil hummus products also appeals to busy consumers looking for quick and healthy snack options.
One notable trend in the lentil hummus market is the increasing availability of flavored and specialty varieties. Manufacturers are introducing innovative flavors such as roasted red pepper, garlic and herb, and spicy harissa to cater to diverse consumer preferences. This trend not only enhances the product offering but also attracts new consumer segments looking for unique and gourmet options in the hummus category.
Another trend shaping the lentil hummus market is the rise of online retail channels. E-commerce platforms provide consumers with convenient access to a wide range of lentil hummus products, enabling manufacturers to reach a broader audience and drive sales growth. The convenience of online shopping and the ability to explore different brands and flavors online are key factors contributing to the increasing popularity of lentil hummus among consumers.
In terms of regional market distribution, North America and Europe are currently the leading markets for lentil hummus. The dominance of these regions can be attributed to the high prevalence of vegetarian and vegan diets, strong consumer awareness of healthy eating habits, and the presence of key market players offering a variety of lentil hummus products. In North America, the United States and Canada lead the market, while in Europe, countries like the United Kingdom, Germany, and France are key markets for lentil hummus consumption.
Key challenges facing the lentil hummus market include competition from other plant-based dips and spreads, price sensitivity among consumers, and the need for effective marketing strategies to educate consumers about the benefits of lentil hummus compared to traditional chickpea hummus. Overcoming these challenges will require innovative product development, strategic pricing strategies, and targeted marketing campaigns to differentiate lentil hummus offerings in a competitive market landscape.
This report provides a deep insight into the global Lentil Hummus market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Lentil Hummus Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Lentil Hummus market in any manner.
Global Lentil Hummus Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Obela
Sabra Dipping Co. LLC
Moorish
Deldiche N.V.
MeToo! Foods
Lazy Foods
Labeyrie Fine Foods
Beliès
Orexis Fresh Foods Ltd
Zorba Delicacies Limited
Market Segmentation (by Type)
Bottles
Jar
Pouches
Market Segmentation (by Application)
Supermarkets
Online Retail
Convenience Stores
Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Lentil Hummus Market
• Overview of the regional outlook of the Lentil Hummus Market:
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Lentil Hummus Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market’s competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter’s five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.