Sesame Seeds Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 7.67 Billion |
| Market Size (2029) | USD 8.72 Billion |
| CAGR (2024 - 2029) | 2.60 % |
| Fastest Growing Market | North America |
| Largest Market | Asia-Pacific |
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Sesame Seeds Market Analysis
The Sesame Seed Market size is estimated at USD 7.67 billion in 2024, and is expected to reach USD 8.72 billion by 2029, growing at a CAGR of 2.60% during the forecast period (2024-2029).
The ongoing COVID-19 pandemic compelled consumers to rethink their consumption patterns, leading to the growth in demand for healthy ingredients and creating an opportunity for sesame seeds as ingredients for various food and personal care products. However, the disruptions in trade created a decline in the initial months of 2020. Despite the little disruption, due to the rising consumer inclination toward healthy living and adopting healthy food ingredients, the sesame seed market is anticipated to grow during the forecast period.
Across the world, there is a growing appetite for healthy ingredients in diets among consumers, especially the millennial population across North America and Europe. The nutritional profile of these seeds has gained consumer attraction over the last few years.
The growing demand for superfoods among health-conscious consumers is driving the demand for the market. However, price fluctuations and allergies associated with the commodity are holding back the growth of sesame seeds.
The drivers identified in this market are consumption patterns and increasing health awareness, increasing demand across nations, and advancements and innovations in terms of hybrids. The restraints identified in the market are international price fluctuations, strong international competition, and salmonella risk in sesame seeds.
Sesame Seeds Market Trends
This section covers the major market trends shaping the Sesame Seed Market according to our research experts:
Rising Demand for Sesame Seeds as a Functional Ingredient
Sesame seeds production has been increasing over the years along with its demand. The edible oilseeds coming in the assorted range of white, black, and brown are the farmers' one of the most favored crops for their resistance to withstand unfavorable weather conditions and grow with minimum attention. The growing demand for sesame seed as a functional ingredient in several foods on account of its ability to facilitate digestion, reduce hypertension, rich sources of polyphenols, antioxidants, vitamins, and minerals, etc., are the factors driving the market. The popularity of these seeds has increased significantly over the recent past with product launches, as consumers are more inclined toward natural and wholesome ingredients. The market is driven by consumer preference toward functional and health-based naturally derived products. The rising application of sesame seeds as an antioxidant source in various pharmaceutical formulations is expected to drive the sesame seeds market in the near future.
North America is the One of the Major Consumers of Sesame Seeds
Consumers across the North American region are looking for healthy ingredients in their diet due to an increase in obesity rates. According to statistics from the Center for Disease Control and Prevention, in 2019, the obesity rate reached 42.8% in the United States. Sesame seeds are loaded with potent amino acids, such as tryptophan and polyphenols, that help reduce weight. This, in turn, has boosted their adoption in many of the packed goods, baking products, and as an ingredient in many of the food and beverage products in American cuisine. In the United States, sesame seeds are used as a confectionary topping, in baked goods, or as a condiment.
Sesame Seeds Market News
There are no recent developments pertaining to the market.
Sesame Seeds Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
4.4.1 Value Chain Overview
4.4.2 Price Markups in the Value Chain
4.4.3 Stakeholders in the Value Chain
5. MARKET SEGMENTATION
5.1 Geography (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
5.1.1 North America
5.1.1.1 United States
5.1.1.2 Canada
5.1.1.3 Mexico
5.1.2 Europe
5.1.2.1 Germany
5.1.2.2 United Kingdom
5.1.2.3 France
5.1.2.4 Netherlands
5.1.2.5 Spain
5.1.2.6 Russia
5.1.3 Asia-Pacific
5.1.3.1 China
5.1.3.2 Australia
5.1.3.3 India
5.1.3.4 Japan
5.1.4 South America
5.1.4.1 Brazil
5.1.4.2 Argentina
5.1.5 Middle-East and Africa
5.1.5.1 South Africa
5.1.5.2 Tanzania
5.1.5.3 Sudan
5.1.5.4 United Arab Emirates
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
7. AN ASSESSMENT OF COVID-19 IMPACT OVER THE MARKET
Sesame Seeds Industry Segmentation
Sesame seeds (Sesamum indicum) are majorly cultivated in tropical and subtropical regions of Asia and Africa. In this report, sesame seed has been considered a commodity and excludes any data with respect to sesame seed for sowing. The Sesame Seeds Market includes the Production Analysis (Volume), Consumption Analysis (Value and Volume), Import Analysis (Value and Volume), Export Analysis (Value and Volume), and Price Trend Analysis. The market is segmented by geography into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. The report offers the market size and forecasts in terms of volume in metric tons and value in USD thousand for all the above segments.
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Sesame Seeds Market Research FAQs
How big is the Sesame Seed Market?
The Sesame Seed Market size is expected to reach USD 7.67 billion in 2024 and grow at a CAGR of 2.60% to reach USD 8.72 billion by 2029.
What is the current Sesame Seed Market size?
In 2024, the Sesame Seed Market size is expected to reach USD 7.67 billion.
Which is the fastest growing region in Sesame Seed Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Sesame Seed Market?
In 2024, the Asia-Pacific accounts for the largest market share in Sesame Seed Market.
What years does this Sesame Seed Market cover, and what was the market size in 2023?
In 2023, the Sesame Seed Market size was estimated at USD 7.48 billion. The report covers the Sesame Seed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sesame Seed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Sesame Seeds Industry Report
Statistics for the 2024 Sesame Seeds market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Sesame Seeds analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
