The global tahini market size is expected to reach USD 1.77 billion by 2025 registering a CAGR of 5.2%, according to a new report by Grand View Research, Inc. Growing popularity of tahini products with ethnic Arabic flavors in developed countries, such as U.S., Germany, U.K., France, and Italy, is expected to spur the market growth. Moreover, increasing awareness about consuming healthy, nutritious, and organic food has propelled the product demand. Sauces & dips is expected to be the fastest-growing product segment at a CAGR of 5.6% from 2019 to 2025.
Changing
dietary preferences owing to hectic lifestyle has fueled the demand for dips
and sauces. Tahini dips and sauces add flavor as well as nutrition to the food
products. Manufacturers are launching innovative products to cater to the
increasing demand from the global food industry. For instance, in March 2018,
Soom Foods, LLC launched two innovative spreading squeeze packets. The product
is available in two flavors, original and chocolate sweet tahini halva spread.
Middle
East & Africa generated the largest revenue share in 2018.Over the past few
years, major companies in the region are adopting several marketing strategies,
such as product launches, product portfolio and distribution channel expansion,
and merger and acquisition, to cater to the rising demand for vegan,
gluten-free, non-GMO, Kosher products. For instance, in April 2017, El-Raey
Sweetness Halva Company launched a new product line in Badr City, Egypt with a
production capacity of 900 tons per day.
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Tahini Market
Report Highlights
- North America is projected to be the
fastest-growing regional market at a CAGR of 6.8% from 2019 to 2025
- The sauces & dips product segment is expected
to witness the fastest growth at a CAGR of 5.6% from 2019 to 2025
- Key companies in the market include Al Wadi Al
Akhdar, El Rashidi El Mizan, Prince Tahina Ltd., Haitoglou Bros, Halwani
Bros. Co., Ltd., Carwari International Pty. Ltd., Dipasa USA Inc., Kevala,
Mounir Bissat Factories, and SESAJAL S.A. de C.V.
- New product launches and production capacity
expansion are expected to remain key marketing strategies for these
companies
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Tahini Market
Segmentation
Grand View Research has
segmented the global tahini market on the basis of product, distribution
channel, and region:
Tahini Product
Outlook (Revenue, USD Million, 2015 - 2025)
- Paste & Spreads
- Halva & Other Sweets
- Sauces & Dips
Tahini
Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Offline
- Online
Tahini Regional
Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- Germany
- Turkey
- Asia Pacific
- China
- Central & South America
- Brazil
- Middle East & Africa
- Israel
- Saudi Arabia
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View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
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