• Hummus Market Research with Key Success Factors, Growth Trends, Size, Share and Forecast by 2023-2028

    The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period.

    Report Coverage:

    We have conducted extensive primary and secondary research to gather information about various aspects of this report. Our special interviews with end-user respondents and supply side respondents helped in gaining insights into the average pricing, per capita consumption trend, and average spending on products, growth rate, market size, and dynamics. We have also taken information from reputed journals, articles, and press releases of companies operating in this industry.

    Drivers & Restraints:

    Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth

    Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth.

    Regional Insights:

    North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S.

    Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth.

    Segments:

    Classic Segment Earned 41.40% Share in 2020: Fortune Business Insights™

    Based on type, the market is divided into red pepper, classic, black olive, white bean, roasted garlic, and others. Out of these, the classic segment is set to remain at the forefront in the near future because of its versatility and easy availability. It can be consumed as a dip, spread, or appetizer. At the same time, it is highly nutritious and naturally gluten-free. The segment generated 41.40% in terms of the hummus market share in 2020.

    Competitive Landscape:

    Key Players Focus on New Product Development to Intensify Competition

    The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/hummus-market-105632
    Hummus Market Research with Key Success Factors, Growth Trends, Size, Share and Forecast by 2023-2028 The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period. Report Coverage: We have conducted extensive primary and secondary research to gather information about various aspects of this report. Our special interviews with end-user respondents and supply side respondents helped in gaining insights into the average pricing, per capita consumption trend, and average spending on products, growth rate, market size, and dynamics. We have also taken information from reputed journals, articles, and press releases of companies operating in this industry. Drivers & Restraints: Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth. Regional Insights: North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S. Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth. Segments: Classic Segment Earned 41.40% Share in 2020: Fortune Business Insights™ Based on type, the market is divided into red pepper, classic, black olive, white bean, roasted garlic, and others. Out of these, the classic segment is set to remain at the forefront in the near future because of its versatility and easy availability. It can be consumed as a dip, spread, or appetizer. At the same time, it is highly nutritious and naturally gluten-free. The segment generated 41.40% in terms of the hummus market share in 2020. Competitive Landscape: Key Players Focus on New Product Development to Intensify Competition The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/hummus-market-105632
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    Hummus Market Size, Industry Share, Global Trends, Forecast, 2030
    The global hummus market is predicted to grow from $2.95 billion in 2021 to $6.60 billion in 2028 at a CAGR of 12.17% during the forecast period, 2021-2028
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  • http://www.ka-valve.com/power-station-valve/
    China Power Station Valve What is 1 inch high pressure ball valve? 1 inch high pressure ball valve refers to the nominal diameter of the valve is 1 inch, the inner diameter is about 25mm, and the outer diameter is 33.4mm, which is DN25 valve or one inch ball valve. This kind of ball valve has simple structure, small size, relatively simple operation, and fast switching, which can be switched by rotating 90 degrees, which is convenient for long-distance control. 聽 What are the advantages of 1 inch high pressure ball valve? 1. The lowest flow resistance can be achieved. 2. It will not get stuck when working, and can be used in corrosive media and low boiling point liquids. 3. Under relatively high pressure and temperature, it can achieve complete sealing. 4. It can realize fast opening and closing, and ensure that it can be used in the automation system of the test bench. When the valve is opened and closed quickly, there is no impact on the operation. 5. The spherical closing member can be automatically positioned on the boundary position. 6. When the ball valve is working, it can be sealed on both sides of the medium. 7. When the ball valve is fully open and fully closed, the ball and the valve sealing surface are isolated from the medium, and when the medium passes through the valve at high speed, it will not cause erosion of the sealing surface. 8. The ball valve is compact in structure and light in weight, and can be used in low temperature medium systems. 9. The ball valve has a welded body structure, which can well withstand the stress from the pipeline. 10. The closing part of the ball valve can withstand the high pressure difference brought by closing. 11. The ball valve can be directly buried in the ground, so that the internal parts of the valve will not be corroded, and the service life can reach 30 years. 聽 What are the characteristics of 1 inch high pressure ball valve? Ball valve, the opening and closing part is driven by the valve stem and rotates around the axis of the ball valve. It can also be used for the regulation and control of fluids, among which the hard-sealed V-shaped ball valve has a strong shear force between its V-shaped ball core and the metal valve seat of surfacing welding carbide, and is especially suitable for fibers and tiny solid particles. etc. medium. 聽 The multi-way ball valve can not only flexibly control the confluence, diversion, and flow direction switching of the medium on the pipeline, but also close any channel and connect the other two channels. This type of valve should generally be installed horizontally in the pipeline. 聽 What are the types of 1 inch high pressure ball valve? There are various types of ball valves, including pneumatic ball valves, manual ball valves, electric ball valves, fixed ball valves, floating ball valves, elastic ball valves, low temperature ball valves, high temperature ball valves, normal temperature ball valves, stainless steel ball valves, carbon steel ball valves, aluminum alloy ball valves, ceramic ball valves, plastic ball valves, etc. Wait. Among them, the floating ball valve will move under the action of pressure to seal the outlet; while the fixed ball valve will not move under the action of pressure, but its valve seat can move to seal. 聽 How to choose 1 inch high pressure ball valve? 1. There are various types of ball valves. When choosing ball valves, you should choose different types of products according to the installation and use of the ball valve. For example, if we need to install medium. If the medium of the ball valve is water, we can use the ball valve made of plastic or cast iron. If the temperature of the pipeline medium is high, we can choose stainless steel ball valves and so on. When purchasing a ball valve, we also need to look at the brand of the product. You can consider purchasing a ball valve product with strong strength and good reputation. 聽 For specific information on ball valves, please contact us for a catalogue.China Power Station Valve website:http://www.ka-valve.com/power-station-valve/
    http://www.ka-valve.com/power-station-valve/ China Power Station Valve What is 1 inch high pressure ball valve? 1 inch high pressure ball valve refers to the nominal diameter of the valve is 1 inch, the inner diameter is about 25mm, and the outer diameter is 33.4mm, which is DN25 valve or one inch ball valve. This kind of ball valve has simple structure, small size, relatively simple operation, and fast switching, which can be switched by rotating 90 degrees, which is convenient for long-distance control. 聽 What are the advantages of 1 inch high pressure ball valve? 1. The lowest flow resistance can be achieved. 2. It will not get stuck when working, and can be used in corrosive media and low boiling point liquids. 3. Under relatively high pressure and temperature, it can achieve complete sealing. 4. It can realize fast opening and closing, and ensure that it can be used in the automation system of the test bench. When the valve is opened and closed quickly, there is no impact on the operation. 5. The spherical closing member can be automatically positioned on the boundary position. 6. When the ball valve is working, it can be sealed on both sides of the medium. 7. When the ball valve is fully open and fully closed, the ball and the valve sealing surface are isolated from the medium, and when the medium passes through the valve at high speed, it will not cause erosion of the sealing surface. 8. The ball valve is compact in structure and light in weight, and can be used in low temperature medium systems. 9. The ball valve has a welded body structure, which can well withstand the stress from the pipeline. 10. The closing part of the ball valve can withstand the high pressure difference brought by closing. 11. The ball valve can be directly buried in the ground, so that the internal parts of the valve will not be corroded, and the service life can reach 30 years. 聽 What are the characteristics of 1 inch high pressure ball valve? Ball valve, the opening and closing part is driven by the valve stem and rotates around the axis of the ball valve. It can also be used for the regulation and control of fluids, among which the hard-sealed V-shaped ball valve has a strong shear force between its V-shaped ball core and the metal valve seat of surfacing welding carbide, and is especially suitable for fibers and tiny solid particles. etc. medium. 聽 The multi-way ball valve can not only flexibly control the confluence, diversion, and flow direction switching of the medium on the pipeline, but also close any channel and connect the other two channels. This type of valve should generally be installed horizontally in the pipeline. 聽 What are the types of 1 inch high pressure ball valve? There are various types of ball valves, including pneumatic ball valves, manual ball valves, electric ball valves, fixed ball valves, floating ball valves, elastic ball valves, low temperature ball valves, high temperature ball valves, normal temperature ball valves, stainless steel ball valves, carbon steel ball valves, aluminum alloy ball valves, ceramic ball valves, plastic ball valves, etc. Wait. Among them, the floating ball valve will move under the action of pressure to seal the outlet; while the fixed ball valve will not move under the action of pressure, but its valve seat can move to seal. 聽 How to choose 1 inch high pressure ball valve? 1. There are various types of ball valves. When choosing ball valves, you should choose different types of products according to the installation and use of the ball valve. For example, if we need to install medium. If the medium of the ball valve is water, we can use the ball valve made of plastic or cast iron. If the temperature of the pipeline medium is high, we can choose stainless steel ball valves and so on. When purchasing a ball valve, we also need to look at the brand of the product. You can consider purchasing a ball valve product with strong strength and good reputation. 聽 For specific information on ball valves, please contact us for a catalogue.China Power Station Valve website:http://www.ka-valve.com/power-station-valve/
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