New York, NY, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Tahini Market By Product (Sauces/Dips, Desserts, and Other Sweets, and Paste and Spreads) and By Distribution Channel (Online and Offline): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global tahini market accounted for USD 1,560 million in 2018 and is expected to reach around USD 2,190 million by 2025, at a CAGR of around 5% between 2019 and 2025.
Tahini is a food ingredient prepared from grounded hulled sesame seeds and is one of the most popular dishes of the Mediterranean cuisine and several other ethnic cuisines including Turkish, Greek, and North African. It contains a wide range of necessary nutrients, such as magnesium, vitamin B1, essential fatty acids, and phosphorous. Tahini is an important ingredient for making spreads and sauces. It is also widely used in preparing Baba Ghanouj, Falafel Pitas, Hummus, and other ethnic dishes of the Mediterranean cuisine. Tahini is expected to witness a significant increase in demand in the years ahead, owing to the rising worldwide popularity of ethnic foods.
Browse through 71 Tables & 19 Figures spread over 110 Pages and in-depth TOC on “Global Tahini Market Size, Share, Trends, Applications, Analysis and Forecast, 2018–2025”.
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The tahini market globally is anticipated to observe significant growth over the forecast years, owing to the rising awareness regarding the several health benefits of tahini. These benefits include weight loss, prevention against anemia, detoxification, and better skin health. Additionally, a shift has been witnessed among young consumers toward flavored and healthy food products, which will further drive the of tahini market development globally over the forecast timeline.
The tahini market is fragmented into product and distribution channel. By product, the tahini market includes sauces/dips, desserts and other sweets, and paste and spreads. The rising tahini usage in several countries across the world due to its use in the preparation of a variety of Mediterranean cuisines and food products has overlapped with the growing consumer preference for healthy foods. This is well demonstrated by the growing use of tahini sauce in sweets and sandwiches, which adds an umami flavor to the food item. The application of tahini in a wide variety of food products, such as cocktails, sweets, bakery, and confectioneries is expected to further fuel the for tahini demand, which will support the tahini market over the forecast time period. The distribution channel of the market includes online and offline.
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The demand for tahini in the North American region has seen an upsurge in recent years, owing to the growth of multiculturalism and people’s growing interest in experimenting with ethnic cuisines from across the world.
The tahini market in Europe is expected to witness considerable growth rate over the estimated time period. Mediterranean Europe countries are the major contributors to the tahini market in the region, due to the increasing tahini demand and rising exports of tahini-based food items. The popularity of tahini-based desserts and sweets is also increasing in the region, which is also likely to bolster the demand for tahini over the forecast timeframe.
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The Asia Pacific region is anticipated to witness a steady rate of growth in the tahini market globally in the future, owing to the increasing awareness regarding the various health benefits of tahini and rising imports of sesame seeds.
Latin America is anticipated to witness significant growth in the tahini market over the forthcoming years, owing to the growing demand and import of tahini by Mexico and Brazil.
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The Middle East and Africa region dominated the global tahini market in 2018. Furthermore, this regional market is estimated to its dominance over the forecast time period as well. This can be attributed to the high domestic consumption of tahini and huge awareness about the benefits of tahini among the regional population. Turkey held the largest market share, followed by Israel, Iran, Jordan, Saudi, and Lebanon in this regional market. These countries account for almost 90 percent of the global tahini demand. Considering the raw material supply globally, Tanzania was the largest producer of sesame seeds in 2018. Among the African countries, Egypt will dominate the tahini market, both in terms of supply and demand, in the years ahead.
Some key participants operating in the global tahini market are Al Wadi Al Akhdar, Haitoglou Bros, Halwani Bros, ElRashidi El Mizan, Prince Tahina, Firat, Carwari, Sesajal, Kevala, Al-Seedawi Sweets, MounirBissat, Sunshine International Foods, and Dipasa International.
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This report segments the global tahini market into:
Global Tahini Market: Product Analysis
- Sauces/Dips
- Desserts and Other Sweets
- Paste and Spreads
Global Tahini Market: Distribution Channel Analysis
- Online
- Offline
Global Tahini Market: Regional Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
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