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Dips and Spreads Market Analysis
- Report ID: GMI6388
- Published Date: Aug 2023
- Report Format: PDF
Dips and Spreads Market Analysis
The dips and spreads market from hummus segment dominated around USD 23.8 billion revenue in 2022. Hummus is perceived as a healthier alternative to traditional spreads due to its high nutritional value, plant-based protein content, and low saturated fat. The popularity of Mediterranean cuisine has contributed to the increased demand for hummus, as it is a staple in Mediterranean diets.
The Jars segment accounted for 40% of the dips and spreads market share in 2022. Glass jars and high-quality packaging materials provide a premium look, appealing to consumers seeking artisanal and gourmet products.
Online retail segment is anticipated to expand at over 4.7% CAGR through 2032. Online retail and e-commerce platforms offer the convenience of home delivery, attracting consumers who prefer to shop from the comfort of their homes.
U.S. dips and spreads market size held more than USD 20.4 billion in 2022. Consumers in North America are increasingly focused on health and wellness. As a result, there is a rising demand for dips and spreads made from natural and nutritious ingredients, with reduced levels of salt, sugar, and unhealthy fats.
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Dips and Spreads Market Scope
