Thursday, July 19, 2018

North America Tahini Market is Projected to Reach 386.6 million USD by 2023


QY Research, Inc.
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.

Tahini is a paste made from sesame seeds. There are two major type of tahini based on the raw material: hulled tahini and unhulled tahini. Tahini is usually used as a basic ingredient in the recipes of Paste & Spreads, Halva & Other Sweets and Sauces & Dips.

Owing to the high dependency of raw material, the production and price of tahini are easily effected by the sesame seeds production. United States sesame production is little and it mainly depends on importing from other countries.

North America demand of tahini will increase to 62,460 tons in 2017 from 48,660 tons in 2012. It is estimated that supported by downstream industries, North America demand of tahini will keep increasing with an average growth rate of 2.75% in the coming six years.

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The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

The North America Tahini Market Research Report 2018 report released by QYResearch provides a basic overview of the Tahini industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in North America, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Tahini industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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