COVID-19 Impact on Tahini Market Size, Share, Trend and Forecast to 2024

27/mag/2020 13:22:06 suraj taur Contatta l'autore

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Market Analysis

Market Research Future’s analysis of global COVID-19 Impact on Tahini Market has revealed that the market is estimated to boost at the rate of 8.9% throughout the year of the assessment period, 2016 to 2021. It has been observed that the increasing demand for Israeli, Turkish, and Persian foods by consumers have been viewed since recent times. It has given an impetus to the consumption of tahini, especially as a dip or sauce in various dishes such as salads, falafel, soups and baba ghanoush. With this, chefs are using tahini for various food dressing such as balsamic and ranch dressings. These factors are expected to support the growth of global tahini consumption market during the forecast period.

Key Players

The prominent market players in the Global COVID-19 Impact on Tahini Market primarily are Haitoglou Bros, Balsam, Prince Tahini, Al Wadi AlAkhdar, DIPASA, Carwari, A.O. Ghandour & Sons and Sesajal.

Global Tahini Consumption Market: Drivers & Trends

The growth of global COVID-19 Impact on Tahini Market is significantly fuelled by factors such as swelling demand for healthy foods, the mounting trend of in-house cooking, and substantial use of tahini sauce or paste in different food items. With this, it has been observed that there has been a significant change of taste among people that have introduced foreign cuisines. On this note, the rising popularity Middle Eastern cuisines coupled with the growing demand for traditional Arabic flavors, including tahini is expected to spur the demand for tahini, which in turn, is poised to contribute mainly to the growth of the global tahini consumption market in the coming years.

As per the reports, Tahini is steadily replacing butter and is used as a side dish and garnish in many restaurants, mainly in Middle Eastern countries. Moreover, tahini dips and sauces are broadly served along with shawarma, kebabs, and sandwiches with a thought to provide authentic Arabic taste. These factors are expected to fuel up tahini consumption market, thus pushing its sales during the period of forecast.

In the consumption market, the global consumption value of tahini increases with the 12% average growth rate. The USA and the Middle East are the main consumption region of tahini owing to the more significant demand for downstream applications. These factors are profoundly contributing to the global tahini consumption market to expand substantially during the forecasted timeframe.

Market Segmentation  

Global COVID-19 Impact on Tahini Market has been alienated into category, type, application.

In terms of type, the market has been segmented as hulled tahini and un-hulled tahini.

In terms of application, the market has been segmented by paste & spreads, halva & other sweets, and sauces & dips.

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Regional Outlook

In terms of region, the global COVID-19 Impact on Tahini Market has been segmented into North America, Europe, Asia Pacific, and ROW.

According to the research, the global tahini consumption market is heavily leading in North America owing to the colossal consumption of tahini as sauces and dips. Also, North America and the Middle East are the production hub of Tahini. In 2015, the USA occupied 78% of the global tahini consumption volume in 2015. Sauces and dips application of tahini is measured to be growing at the rate of 8.9% during the forecast period 2016 to 2021.

Whereas, the research says that the Asia-Pacific region will also contribute an average revenue and is expected to grow at a considerable CAGR. The consumption of Tahini in South East Asian counties is expected to grow in the upcoming years.

Related Covid-19 Analysis on FnB Reports:

https://www.marketresearchfuture.com/report/covid-19-impact-frozen-fruits-vegetables-market

https://www.marketresearchfuture.com/report/covid-19-impact-herbal-toothpaste-market

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