Introduction
In 2024, the European hummus market is experiencing significant changes, which are being driven by a number of macro-economic factors. Product quality and shelf-life are being improved by developments in food-processing and packaging technology. At the same time, the pressures of a changing regulatory framework are driving the development of more transparent and healthier ingredient lists. Furthermore, the growing demand for plant-based and health-conscious products is influencing the product range and the marketing strategies of hummus manufacturers. These trends are of strategic importance to the hummus industry, because they reflect the changing preferences of consumers, and they also offer opportunities for differentiation and competitive advantage in a rapidly changing market.
Top Trends
- Plant-Based Diet Adoption
In the course of the year, the number of people reducing their meat consumption has risen to sixty per cent of the population of Europe. The industry is responding to this by developing its range of hummus, including new flavours and organic varieties. This trend is supported by the governments, which are promoting vegetarianism for health and the environment. As the tastes of consumers change, those who are quick to respond will probably gain market share. In the future, developments will include increased nutritional value and sustainable certification.
- Health and Wellness Focus
Moreover, 75% of consumers are looking for healthy snacks. The hummus, rich in fibre and rich in protien, is positioned as a healthy alternative to the dips. The industry is taking advantage of this trend by highlighting the nutritional qualities of the products in the packaging and the communication campaigns. In terms of the impact on the field, this translates into the recomposition of products, reducing salt and additives. The future will see the appearance of functional hummus, enriched with superfoods.
- Sustainable Packaging Initiatives
The main concern is the environment, with 70 per cent of consumers willing to pay more for eco-friendly packaging. Brands are responding to this demand by using biodegradable and recyclable materials. In fact, many of the world’s most successful brands are investing in sustainable practices that can boost their brand loyalty and reduce their impact on the environment. In the future, the use of packaging materials will probably be subject to greater regulation. In terms of innovation, we might see a move towards edible packaging.
- Diverse Flavor Profiles
40% of consumers are interested in trying new varieties of hummus. Brands are experimenting with the addition of beetroot, avocado, and harissa to attract adventurous consumers. The hummus trend encourages companies to diversify and differentiate their products in a highly competitive market. The operational impact is to source different ingredients and adapt production processes. Brands might work with chefs to create limited editions.
- Increased Availability in Retail Channels
It is more easily available, with a 50 per cent increase in its occurrence in super-markets and small shops. And the shops themselves are expanding their hummus sections to meet the growing demand. Brands and retailers are working together to make hummus stand out on shelves and be more visible. There are also operational implications. Supply chains are being adapted to meet the increased demand for distribution. In the future, hummus may also be found in non-retail locations, such as vending machines.
- Ethnic and Regional Variations
Thirty per cent of consumers are interested in ethnic and regional hummus. Brands are capitalizing on this trend with a range of products based on authentic recipes and ingredients. This strategy not only attracts niche consumers but also enhances cultural awareness. Operationally, it may require a search for authentic ingredients and a potential increase in production costs. Future developments may see the introduction of regionally based marketing campaigns.
- Online Sales Growth
Sales of hummus are soaring on the Internet, with a reported 45 per cent rise in e-commerce. Brands are beefing up their presence on the Internet to capture this growing market. The trend is being driven by the ease of buying products on the Internet and having them delivered to your home. The impact on the business includes an investment in logistics and digital marketing. Future implications include the development of subscription models for regular consumers.
- Functional Ingredients Integration
Pro- and adaptogens are gaining in popularity. Today, one-quarter of consumers are interested in health-promoting products. Brands are innovating by adding these ingredients to hummus. This trend reflects the wider trend for health and well-being, which provides a way for companies to differentiate their products. In practice, this means R&D investment to ensure that the ingredients are effective. And in the future, we may see a rise in health-related advertising campaigns.
- Social Media Influence
Consumer preferences are also influenced by the food trends on the Internet, and the majority of consumers (55%) are influenced by these trends. Brands are putting their hummus products on display on the Internet through social media such as Instagram and TikTok. This trend has encouraged brands to engage with consumers through the use of interactive content and influencers. The practical implications include adapting the marketing strategy to focus on visuals. In the future, the trend may be towards the use of UGC as a marketing tool.
- Increased Competition and Market Consolidation
Competition in the hummus market is growing, with new entrants and established brands fighting for market share. This trend is driving potential M&A activity as companies seek to expand their product ranges and consolidate their resources. The operational impact is that companies must continue to innovate to remain relevant. Future developments may see a move towards a niche product market as the larger companies dominate the mainstream market.
Conclusion: Navigating Europe's Hummus Market Landscape
The European hummus market is characterized by a fragmented competition. Both the established brands and the newcomers are competing for consumers. Regional trends indicate that consumers prefer plant-based and sustainable products, which makes the suppliers invent new products. The established players are utilizing their brand value, and integrating new capabilities such as automation and artificial intelligence to increase operational efficiency and customer engagement. The newcomers, on the other hand, focus on the flexibility and sustainability of their supply chains to capture the eco-conscious consumers. As the market develops, the ability to implement these capabilities will be crucial for suppliers who want to achieve a leadership position. Strategic investments in technology and in the implementation of sustainable development goals will be essential for long-term success.