Market Size of Sesame Seed Industry
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 |
Sesame Seed 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).
- Sesame is one of the oldest oil seeds, widely consumed due to its protein, high oil content, and other nutritional elements. Its seed has become an essential ingredient of food and feed. Across the world, there is a growing appetite for healthy ingredients in diets among consumers, particularly the millennial population across North America, Europe, and Asia Pacific. Further, the market will likely have a high growth rate during the forecast period. The changing consumer consumption patterns and a rapid rise in awareness concerning health are raising the demand for sesame seeds as a functional ingredient. The increasing demand for organic sesame also drives the market's demand.
- In addition, sesame is loaded with powerful amino acids, such as polyphenols and tryptophan, which help decrease weight. This, in turn, boosted its acceptance of many baked products and packed goods, and, lastly, it was an ingredient in many food and beverage products in countries like the US, China, the United Kingdom, Germany, and Brazil.
- Growing consciousness in European countries towards the health benefits offered by the consumption of sesame seeds is boosting the growth of the sesame industry. Sesame is widely utilized in the bakery industry of Germany, for instance, in bread buns and pretzels offered by the consumption of sesame seeds is boosting the growth of the sesame seed industry. Sesame seeds are widely utilized in the bakery industry of Germany, for instance, in bread buns and pretzels. As per the Federation of German Food and Drink Industries, the bakery and confectionary sectors constituted 9.8% and 7.2% of the value of the German food and drink industry in the recent year.
- Sesame is the main ingredient in Chinese cuisine. Toasted black and white sesame seeds are sprinkled on salads, sesame paste is added to sauces and delightfully aromatic sesame oil is used to flavor everything from dips to marinades and finish a stir-fry. Aside from its use as a popular baking ingredient, sesame seeds are used as an oil or a high-protein feed for poultry. Consequently, as demand for sesame surges, the country's imports of sesame have risen, a trend likely to detect substantial growth in the coming years. For instance according to FAOSTAT, China import of sesame seeds was 1,060,381.96 metric tons in 2020, which increased by 1,110,861.87 in 2022.
Sesame Seed Industry Segmentation
Sesame (Sesamum indicum) is an erect annual plant of the family Pedaliaceae, grown since antiquity for its seeds, which are used as food and flavoring and from which a prized oil is extracted. The report covers the Sesame Market, including 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, the Middle East and Africa. The report offers market size and forecasts for volume (Metric Tons) and value (USD) for all the above segments.
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) | ||||||||
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Sesame Seed Market Size Summary
The sesame seed market is poised for steady growth over the forecast period, driven by an increasing consumer shift towards healthy and natural ingredients. The COVID-19 pandemic has accelerated this trend, as consumers have become more health-conscious, seeking out superfoods and functional ingredients like sesame seeds. These seeds are gaining popularity due to their nutritional benefits, including their role in digestion and hypertension reduction, as well as being rich in polyphenols, antioxidants, vitamins, and minerals. The market is experiencing a rise in demand across North America and Europe, particularly among millennials, who are drawn to the seeds' health benefits and versatility in various food and personal care products. Despite challenges such as price fluctuations and potential allergies, the market is supported by advancements in seed hybrids and increasing health awareness.
The sesame seed market is further bolstered by its application in the food and beverage industry, where it is used as a topping, condiment, and ingredient in baked goods and packaged foods. In the United States, the seeds are particularly popular due to their potential health benefits, such as weight reduction, which aligns with the growing demand for healthy dietary options amid rising obesity rates. The seeds' resilience to adverse weather conditions and minimal cultivation requirements make them a favored crop among farmers, contributing to increased production. However, the market faces challenges from international price fluctuations, strong competition, and health risks like salmonella. Despite these challenges, the market's growth trajectory remains positive, driven by consumer preferences for naturally derived, health-based products and the seeds' expanding role in pharmaceutical formulations.
Sesame Seed Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Changing Consumer Consumption Patterns and The Rapid Rise in Health Awareness
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1.2.2 Increasing Focus on Sustainable Agricultural Practices
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1.2.3 Rising demand for Sesame Seeds as a Functional Ingredient
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1.3 Market Restraints
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1.3.1 Unfavourable Climatic Conditions
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1.3.2 Salmonella Risk in Sesame Seeds
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1.4 Value Chain Analysis
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1.4.1 Value Chain Overview
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1.4.2 Price Markups in the Value Chain
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1.4.3 Stakeholders in the Value Chain
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2. MARKET SEGMENTATION
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2.1 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)
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2.1.1 North America
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2.1.1.1 United States
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2.1.1.2 Canada
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2.1.1.3 Mexico
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2.1.2 Europe
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2.1.2.1 Germany
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2.1.2.2 United Kingdom
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2.1.2.3 France
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2.1.2.4 Netherlands
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2.1.2.5 Spain
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2.1.2.6 Russia
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2.1.3 Asia-Pacific
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2.1.3.1 China
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2.1.3.2 Australia
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2.1.3.3 India
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2.1.3.4 Japan
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2.1.4 South America
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2.1.4.1 Brazil
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2.1.4.2 Argentina
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2.1.5 Middle-East and Africa
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2.1.5.1 South Africa
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2.1.5.2 Tanzania
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2.1.5.3 Sudan
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2.1.5.4 United Arab Emirates
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Sesame Seed Market Size 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.