Global Sesame Seeds Market Size, Share, and COVID-19 Impact Analysis, By Product Type (White, Black, Brown, and Others), By Category (Organic and Conventional), By Application (Food & Beverages, Pharmaceuticals, Nutraceuticals, and Personnel Care), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Food & BeveragesGlobal Sesame Seeds Market Insights Forecasts to 2033
- The Global Sesame Seeds Market Size was Valued at USD 7.47 Billion in 2023
- The Market Size is Growing at a CAGR of 2.57% from 2023 to 2033
- The Worldwide Sesame Seeds Market Size is Expected to Reach USD 9.63 Billion by 2033
- Asia Pacific is Expected to Grow the fastest during the forecast period.
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The Global Sesame Seeds Market Size is Anticipated to Exceed USD 9.63 Billion by 2033, Growing at a CAGR of 2.57% from 2023 to 2033.
Market Overview
One of the original oil seeds, sesame is becoming more and more popular with consumers due to its high nutritional value and health advantages. These seeds are flat, tiny, and available in various colors, including brown, black, and white. These seeds are rich in antioxidants soluble in oil and water, which are healthy for the immune system. Sesame seeds are utilized in a variety of applications, such as the creation of cooking oils, the confectionery and baking industry, and cosmetics production. The factors driving the market are the increasing demand for sesame seed as a functional ingredient in various meals due to its benefits such as lowering blood pressure, helping in digestion, and being a rich source of antioxidants, polyphenols, vitamins, and minerals. Sesame seeds are predicted to drive the market for sesame seeds due to their increasing use as an antioxidant source in a range of pharmaceutical formulations.
Report Coverage
This research report categorizes the sesame seeds market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the sesame seeds market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the sesame seeds market.
Global Sesame Seeds Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 7.47 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 2.57% |
2033 Value Projection: | USD 9.63 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 223 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product Type, By Category, By Application, By Region |
Companies covered:: | Olam International, Dipasa Europe B.V., Unicorn Ingredients Limited, Virdhara International, Food Trade Corporation, Tradin Organic Agriculture B.V., Samruddhi Organic Farm, Orienco, Dhaval Agri Exports LLP, Frontier Co-op, Agro-Fisheries, Wholefood Earth LTD, Agri-Neo, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The increasing popularity of health and well-being among consumers is driving the need for sesame seeds as a nutritious component in a range of culinary products. The product market is increasing due to the growing use of sesame seeds in a variety of applications and the rise in private label producers. It is anticipated that a growing number of people with high blood pressure and cholesterol are eating sesame seeds, which is expected to drive the growth in the sesame seeds market. The market is being driven by several factors, including the rising demand for nutritious foods, increased awareness of the nutritional benefits of sesame seeds, and the expanding appeal of ethnic cuisines.
Restraining Factors
The high price of sesame seeds can restrict the rate of market growth. In addition, the negative impacts on sesame seed supply and production could restrict the overall growth of the sesame seed market.
Market Segmentation
The sesame seeds market share is classified into product type, category, and application.
- The white segment is estimated to hold the largest market revenue share through the projected period.
Based on the product type, the sesame seeds market is classified into white, black, brown, and others. Among these, the white segment is estimated to hold the largest market revenue share through the projected period. White sesame seeds are a great source of calcium and magnesium, which are linked to significant development. The white sesame seeds support strong, healthy bones and appropriate nerve signal transmission.
- The organic segment is anticipated to hold the largest market share through the forecast period.
Based on the category, the sesame seeds market is divided into organic and conventional. Among these, the organic segment is anticipated to hold the largest market share through the forecast period. Organic sesame production relies on the traditional ways of farming collectively with the natural fertilization process. Utilizing biological management is crucial for preserving crop health and soil yield.
- The food & beverages segment is anticipated to hold the largest market share through the forecast period.
Based on the application, the sesame seeds market is divided into food & beverages, pharmaceuticals, nutraceuticals, and personnel care. Among these, the food & beverages segment is anticipated to hold the largest market share through the forecast period. The food and beverage industry has a large amount of undeveloped market potential. In food & beverages, the long-term advantages of sesame seed oil are more important. This has been widely used for improved health and skin.
Regional Segment Analysis of the Sesame Seeds Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the sesame seeds market over the predicted timeframe.
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North America is anticipated to hold the largest share of the sesame seeds market over the predicted timeframe. This is due to rising obesity rates, consumers in the North American region are searching for healthier foods to include in their diets. As a result, they are now more widely used in prepared foods, packaged products, and as an ingredient in a wide range of food and beverage products used in the North America diet. Sesame seeds are used as a condiment, in baked products, and as a topping for confections in the United States.
Asia Pacific is expected to grow at the fastest CAGR growth of the sesame seeds market during the forecast period. Asia Pacific due to there being more places where black sesame seeds and white sesame seeds are applied. The three main countries that produce the most sesame seeds are China, India, and Myanmar. In addition, the Asia-Pacific market for sesame seeds has the most market share in India and the fastest-growing market in Myanmar.
Europe is anticipated to hold a significant share of the sesame seeds market over the predicted timeframe. Europe Sesame Seeds due to the growing market for products made from sesame seeds. The rising demand for sesame seeds in the region can be connected to this growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the sesame seeds market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Olam International
- Dipasa Europe B.V.
- Unicorn Ingredients Limited
- Virdhara International
- Food Trade Corporation
- Tradin Organic Agriculture B.V.
- Samruddhi Organic Farm
- Orienco
- Dhaval Agri Exports LLP
- Frontier Co-op
- Agro-Fisheries
- Wholefood Earth LTD
- Agri-Neo
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In August 2024, The Korea Agro-Fisheries & Food Trade Corporation announced making public the outcomes of its most recent premium sesame seeds. After the bidding procedure was completed, the outcomes are now accessible to the general audience. With the opportunity to analyze the winning bids and quantities awarded, the declaration signals a major turning point for suppliers and other stakeholders in the sesame market.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the sesame seeds market based on the below-mentioned segments:
Global Sesame Seeds Market, By Product Type
- White
- Black
- Brown
- Others
Global Sesame Seeds Market, By Category
- Organic
- Conventional
Global Sesame Seeds Market, By Application
- Food & Beverages
- Pharmaceuticals
- Nutraceuticals
- Personnel Care
Global Sesame Seeds Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the sesame seeds market over the forecast period?The sesame seeds market is projected to expand at a CAGR of 2.57% during the forecast period.
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2. What is the market size of the sesame seeds market?The Global Sesame Seeds Market Size is Expected to Grow from USD 7.47 Billion in 2023 to USD 9.63 Billion by 2033, at a CAGR of 2.57% during the forecast period 2023-2033.
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3. Which region holds the largest share of the sesame seeds market?North America is anticipated to hold the largest share of the sesame seeds market over the predicted timeframe.
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