Introduction
In 2023, the tahini market is undergoing profound changes, caused by a confluence of macro-factors, such as technological development, changes in the regulatory environment and the changing habits of consumers. Production and supply-chain innovations are increasing productivity and quality, while regulatory pressures on food safety and labelling are forcing manufacturers to change their ways. Also, the growing interest of consumers in plant-based diets and healthy products is reshaping the demand. It is therefore important for the tahini industry to keep an eye on these trends. In this way, it will be able to better navigate the competition and seize emerging opportunities.
Top Trends
- Health and Wellness Focus
The growing interest in healthy food has increased the demand for tahini as a nourishing food. A study by the industry showed that tahini sales rose by 20 percent among consumers who were interested in healthy eating. This trend is encouraging the industry to develop organic and non-GMO certification, which will increase the product’s appeal. Tahini may also be fortified with additional nutrients in the future.
- Sustainable Sourcing Practices
In the tahini market, companies are increasingly putting an emphasis on the sustainable sourcing of sesame seeds. In response to the demand for ethically produced goods, several brands now use seeds from sustainable farms. According to a study, 65% of consumers prefer brands that are responsible for the environment. This trend is expected to change the way the supply chain works, with a greater emphasis on transparency and sustainability.
- Diverse Culinary Applications
Its versatility in different cuisines is a constant source of its wider market. Its use in different recipes, from salads to desserts, has resulted in a 30% increase in the use of tahini in cooking. This trend encourages the companies to expand their range of products, and this may lead to new flavours and collaborations with culinary professionals. In the future, tahini-based ready-made dishes may also become available.
- Plant-Based Diet Adoption
The rise of plant-based diets has had a marked effect on tahini consumption, since it is a staple of vegetarian and vegan diets. Sales of plant-based foods have grown by 27% in recent years, and tahini is a popular ingredient. Brands are promoting tahini as a plant-based ingredient, which may lead to more collaboration with other vegan food brands. And tahini-based products containing tahini-based plant-based protein may be on the horizon.
- Innovative Packaging Solutions
Moreover, it is the packaging that is becoming a critical factor in the tahini market, and the trend is towards a more convenient and eco-friendly form. According to a study, 40 percent of consumers are influenced by the sustainability of the packaging when making their purchases. In order to reduce the risk of food waste, companies are investing in resealable and recyclable packaging. This will lead to a higher competition between brands, and the search for new and unique packaging solutions that will attract the attention of the green consumer.
- E-commerce Growth
In the tahini market, the shift to e-commerce has been accelerated. E-commerce is growing at a significant rate. The increase in grocery sales during the flu epidemic is estimated at 50 per cent. As a result, brands are increasing their digital presence. This trend is encouraging companies to invest in platforms for direct sales to consumers and in improving their logistics for fulfilling online orders. There is scope for developing a subscription model for consumers who buy tahini regularly.
- Flavor Innovations
The flavours of tahini are also undergoing a process of evolution. Brands are experimenting with different flavours in order to attract new consumers. Recent launches include tahini with spices and herbs. Sales of flavoured tahini have grown by 15 per cent. This trend will also push manufacturers to invest in R&D to develop new flavours, and this could lead to collaborations with chefs. Eventually, to create a buzz, brands could also launch limited-edition flavours.
- Increased Export Opportunities
The growing world market for sesame paste has created new export opportunities, especially for countries with a rich culinary heritage. Turkey and Lebanon have seen a reported increase of 25 per cent in their exports of sesame paste. This growth is prompting local producers to adopt new quality standards and certifications to meet the requirements of the global market. These standards will also facilitate the establishment of international agreements for the export of sesame paste.
- Nutritional Labeling Regulations
The tahini market is influenced by the changes in regulations on labelling, as consumers demand greater transparency from food manufacturers. In many countries, legislation has been introduced to require clearer labelling, and this has led to a rise in trust in the product of about 10 per cent. The companies have adapted by modifying their formulations to comply with these standards, which may affect their production processes. In the future, the regulatory framework may become more stringent and this may affect both the formulations and the marketing strategies of the companies.
- Cultural Heritage Marketing
Tahini is a product which is based on tradition and heritage. Brands are increasingly promoting traditional recipes and origins. It is a trend that is resonating with consumers, as is shown by a rise in sales of products based on tradition and authenticity. Brands are using storytelling to make deeper connections with consumers. In the future, brands may want to work with cultural institutions to highlight the historical significance of tahini.
Conclusion: Navigating the Tahini Market Landscape
In 2023, the tahini market is characterized by intense competition and significant fragmentation, with both legacy and newcomers competing for market share. According to the trend, the growing demand for organic and healthy products has led to the development of new strategies. The prestigious legacy brands are investing in automation and artificial intelligence to optimize their operations and ensure the quality of their products. The newcomers are relying on flexibility and creativity to attract the attention of health-conscious consumers. In the coming years, the companies that want to maintain leadership positions and respond effectively to changing consumer preferences will have to focus on the three pillars of automation, flexibility and sustainability.