The global tahini market had a size of USD 2.12 Billion in 2022, and it is projected to reach USD 3.58 Billion by 2032, exhibiting a rapid revenue Compound Annual Growth Rate (CAGR) of 6% during the forecast period. Market growth is primarily fueled by the worldwide shift toward healthier eating habits and the increasing popularity of Mediterranean cuisine. Tahini, a paste made from crushed sesame seeds, is a fundamental ingredient in Mediterranean foods like hummus, baba ganoush, and falafel. Not only is tahini known for its creamy and nutty texture, but it also serves as a rich source of plant-based protein, healthy fats, and essential vitamins and minerals.
Furthermore, the surging demand for plant-based foods is a significant driving force behind the market's revenue expansion. As more individuals become aware of the benefits of a plant-based diet, vegetarianism and veganism are on the rise. Tahini is gaining prominence as a crucial component in many vegan and vegetarian dishes, serving as an excellent alternative to animal-based protein sources.
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Competitive Landscape:
- Halwani Brothers Company
- Prince Tahina Ltd.
- Al Wadi Al Akhdar
- Krinos Foods LLC
- Grecian Delight Foods Inc.
- El Rashidi El Mizan
- Hadiklaim Date Growers Cooperative
- Dipasa USA, Inc.
- Quality Food Products
- O. Ghandour Sons
Tahini, a paste made from ground sesame seeds, has gained popularity as a versatile and nutritious ingredient in various cuisines, particularly Middle Eastern and Mediterranean. The growth of the tahini market was attributed to several factors:
- Health and Wellness Trends: Tahini is perceived as a healthy ingredient due to its high content of healthy fats, vitamins, minerals, and protein. As consumers increasingly prioritize health and wellness, tahini has gained recognition as a nutritious food.
- Rising Vegan and Vegetarian Populations: The growing number of vegans and vegetarians has led to increased demand for plant-based protein sources, and tahini, being a plant-based product, fits this trend.
- Ethnic Food Adoption: The increasing popularity of Middle Eastern and Mediterranean cuisines in various parts of the world has led to greater use of tahini in both traditional and fusion dishes.
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Tahini Market Segmentation
Product Type Outlook:
- Hulled Tahini
- Unhulled Tahini
Application Outlook:
- Sauces Dips
- Hummus
- Bakery Confectionery
- Others
Distribution Channel Outlook:
- Supermarkets Hypermarkets
- Convenience Stores
- Online Retail
- Others
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