Global Tahini Market Assessment and Revenue Gains of Key Players Forecasted during 2017-2026

Posted on 2018-07-09 by Mark Hub in Food & Beverage // 0 Comments

ROCKVILLE, US, 2018-Jul-09 — /EPR Network/ — Increasing demand for Israeli, Turkish and Persian foods by consumers has been witnessed since recent times. This has given an impetus to the consumption of tahini, typically as a dip or sauce in many dishes such as salads, falafel, soups and baba ghanoush. In addition, chefs are using tahini in various dressings such as balsamic and ranch dressings. This factor is expected to support the growth in consumption of tahini during the forecast period.

Fact.MR’s analysis on tahini market has revealed that the sale of tahini is estimated to exceed US$ 2300 Mn by the end of the year of assessment (2026). Moreover, the global tahini market, according to Fact.MR, is projected to expand at a steady volume CAGR of 4.7% throughout the period of assessment, 2017-2026.

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With growing preference for at-home cooking, demand and consumption of ethnic foods has risen at a significant pace. Tahini, being an ethnic food, is expected to witness significant consumption with the growth in demand for ethnic foods, observers Fact.MR. In addition, consumers are becoming aware of several health benefits offered by tahini, such as provides detoxification, prevents anemia, promotes skin health and assists in weight loss. Also, there has been a preference shift among young consumers towards flavored and healthy food products, which is expected to favor the growth in consumption of tahini.

The growth of global tahini market is significantly fuelled by increasing demand for healthy foods, the growing trend of in-house cooking and substantial use of tahini sauce or paste by eateries in different food items. Key players profiled in the global tahini market research report include Mounir Bissat Factories, Sunshine International Foods, Inc., El Rashidi El Mizan and Halwani Bros. Co.

Unique Research Methodology

The research carried out on global tahini market is based on a unique research process. Fact.MR has used an exclusive research process to glean insights and statistical data of the tahini market. Extensive secondary and primary research has been carried out to garner vital market acumen. Primary interviews with subject matter experts, market observers, key players and opinion leaders have been carried out. During this research process, data point gathered from one interviews is cross verified in the next, and this continues till the conclusion of the research process. This enhances the accuracy of the data owing to multiple funnels of validation and revalidation, taking the data to near 100 percent accuracy. This increases the credibility of our research and the analysis we include in our reports.

The research report on global tahini market covers analysis of major players participating in the market. A separate section on competition analysis is entailed in the research study. It covers key details of main companies, for instance key developments, SWOT analysis, product portfolio analysis, key financial analysis, market reach, expansion plans, strategies and innovations. This gives a brief idea about the current happenings in the market and also guidelines to enhance current portfolio in order to stay ahead of the competition.

This complete intelligence package offered by Fact.MR delivers value by highlighting each segment of the market, its growth path and its resulting influence on the overall market’s growth. Actionable intelligence offered by this report can support reader in achieving research milestones and objectives to establish global footprint in tahini market in the coming years.

Demand for Tahini in Middle East and Africa to Expand at a Steady Rate During the Forecast Period

Tahini is an important ingredient in many dishes across countries such as Lebanon, Israel and KSA (Kingdom of Saudi Arabia). Popularity of tahini in this region is largely driven by health benefits associated with it, tahini being produced from sesame seeds that were considered as medicine and food in ancient Middle East. Additionally, growing inclination towards seed based spreads, increasing demand for Mediterranean food coupled with increasing exports of tahini leading to high tahini production are few of the factors fuelling the growth in demand and consumption of tahini in Middle East and Africa.

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Use of Tahini in Various Food Domains to Influence the Growth of the Global Market

Albeit it’s culinary and cultural importance since ancient times, tahini has tapped different food sectors such as desserts, smoothies, baked foods and cocktails. For instance, Michigan Bakery – Zingerman’s Bakehouse – is using tahini in its Jewish rye bread. Additionally, according to this bakery, tahini is an intriguing addition in its sweet products that include tahini filled croissant and tahini date cookies. Moreover, apart from baked foods, tahini is also being used in ice creams and cocktails. For example, it is mixed with Indonesian liqueur that is derived from sugarcane, tequila, chocolate syrup and coconut milk.

Rise of tahini in Western world by its use in different cuisines and food products has coincided with the growing consumer taste for healthy foods. This statement is justified with growing use of tahini sauce in sweet treats and sandwiches that gives an umami kick to the food product. The usability of tahini in variety of food products such as sweets, bakery and confectioneries and cocktails is expected to complement the demand for tahini consequently fuelling the growth of the global tahini market during the period of assessment.

Moreover, tahini is available in different flavors such as roasted garlic herb and wild oregano. Flavored tahini, typically in paste form, is widely used in tahini based dips, which is expected to trigger the demand for tahini worldwide. For example, flavored tahini finds its use in various sauces, for instance, lemon-yogurt sauce especially used in crispy fish fillets. In addition, creamy tahini based hummus dips for pita chips and fresh veggies, tahini as topping for grilled fish and as a sandwich spread are increasing its popularity in the food world, subsequently fuelling tahini’s demand and supplementing its market’s growth.

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