Technavio estimates the global tahini market size to grow by USD 285.08 million between 2020 and 2025, progressing at a CAGR of 3.31% during the forecast period.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Al Wadi Al Akhdar SAL, Dipasa Mexico, EL RASHIDI EL MIZAN CONFECTIONERY, Haitoglou Family Foods, Halwani Bros Co., Kevala International LLC, Mounir Bissat Factories, Prince Tahina Manufacture Ltd., R.J.M. Food industries Ltd., and Sunshine International Foods Inc. are some of the major market participants.
The health benefits of tahini and the growing demand for ethnic dishes will offer immense growth opportunities. However, fluctuations in raw material prices, adherence to strict regulations, and challenges associated with distribution channels will reduce the growth potential in the market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Tahini Market 2021-2025 : Segmentation
Tahini Market is segmented as below:
- Application
- Sauces and Dips
- Pastes and Spreads
- Desserts and Other Sweets
- Geography
- Europe
- MEA
- North America
- APAC
- South America
By application, the market witnessed maximum growth in the sauces and dips segment. The growth of the segment can be attributed to the increased use of tahini in hummus and other tahini-based products. In addition, the increasing demand for Middle Eastern pastes and spreads will be crucial in driving the growth of the segment.
By geography, MEA will emerge as the prominent market for tahini during the forecast period. The region currently holds 39% of the global market share. The market growth in the region is driven by the increasing demand for authentic Mediterranean and Arabic food items. Also, increased consumer inclination toward seed-based spreads, robust exports, and adoption of technology by vendors to produce innovative products will contribute to the growth of the regional market.
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Tahini Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Tahini Market. Backed with competitive intelligence and benchmarking, our research report on the Tahini Market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Tahini Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist tahini market growth during the next five years
- Estimation of the tahini market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the tahini market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of tahini market vendors
Related Reports:
Spices Market by Form and Geography - Forecast and Analysis 2022-2026
Spreads Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026
Tahini Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.31% |
Market growth 2021-2025 |
USD 285.08 million |
Market structure |
Fragmented |
YoY growth (%) |
2.63 |
Regional analysis |
Europe, MEA, North America, APAC, and South America |
Performing market contribution |
MEA at 39% |
Key consumer countries |
US, Saudi Arabia, UK, UAE, Israel, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Al Wadi Al Akhdar SAL, Dipasa Mexico, EL RASHIDI EL MIZAN CONFECTIONERY, Haitoglou Family Foods, Halwani Bros Co., Kevala International LLC, Mounir Bissat Factories, Prince Tahina Manufacture Ltd., R.J.M. Food industries Ltd., and Sunshine International Foods Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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