The report presents an in-depth assessment of the Tahini including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Tahini investments from 2019 till 2024.
The Tahini Market was valued at USD 1.11 billion in 2018 and is expected to witness a CAGR of 4.82%, during the forecast period(2019-2024).
The Tahini market is highly competitive and consists of a number of major players. Top Companies like Sunshine International Foods, Inc., Kevala International LLC, Prince Tahina Manufacture Ltd, R.J.M. Food Industries Ltd, Al Wadi Al Akhdar Sal, Al Yaman Factories, Al Kanater, El Rashidi El Mizan, Halwani, Haitoglou Bros SA among others.
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Scope of the Report
Tahini is one of the popular dishes among the Mediterranean cuisine. The products considered in the report include the commercially available forms of tahini, worldwide. The most popular form is tahini-based sauces, which are generally used as a garnish in salads and topping for meat and vegetables in the Middle Eastern cuisine.
Key Market Trends
Diverse Functionality of Tahini Drives the Global Demand
Tahini, which is known for the properties of good health, contains an abundant amount of nutrients, such as proteins, carbohydrates, antioxidants, lignans, tocopherols, and other micronutrients. Benefits of this include the properties of anti-cancer, anti-oxidative, and anti-hypersensitivity. This staple food item is the most dominant ingredient in hummus and Baba Ghanoush. In Lebanon, Jordan, Syria, and Palestine, it is usually consumed as a dip or used as a garnish on falafel, shawarma, as well as other traditional dishes. Thus, consumer adoption to diverse forms of the tahini, coupled with the optimum nutritional benefits of the ingredient, is expected to boost the demand for tahini, all over the world.
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Middle East Dominates the Global Market
Turkey cornered the larger share, with 31.9%, followed by Israel, Iran, Jordan, Saudi, and Lebanon. This clearly implies that around 90% of the global demand was recorded from Middle Eastern countries, in 2018. On considering the raw material supply for the market studied, in 2018, Tanzania was the largest producer of sesame seeds with a production of 1.26 million metric ton. China was the largest importer, while Ethiopia was the largest exporter of sesame seeds. African countries, especially Egypt, is expected to dominate the market studied, both in terms of supply and demand, by the end of the forecast period, while Asian imports are expected to increase during the forecast period. Tahini products face intense competition, especially from the foreign markets, as it is a symbol of culinary culture. The health benefits associated with tahini, coupled with healthy food trend among consumers, has boosted the popularity of tahini in the global market.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Tahini Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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