Global Sesame Seeds Market is segmented By Application (Food and Beverages, Pharmaceuticals, Cosmetics, Others), By Form (Raw, Roasted, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031.
Sesame Seeds Market Size
The Global Sesame Seeds Market size reached USD 11.7 billion in 2023 and is projected to witness lucrative growth by reaching up to USD 15.1 billion by 2031. The market is expected to exhibit a CAGR of 3.9% during the forecast period 2024-2031.
Sesame seeds, which grow in pods on the Sesamum indicum plant, are small seeds that have been cultivated for thousands of years and are considered one of the oldest oilseed crops.
These seeds are a rich source of fiber, protein, and healthy fats and also provide important nutrients such as calcium, vitamin B, vitamin E, and antioxidants.
Sesame seeds are a versatile ingredient and can be eaten raw or added as a garnish to many dishes. They are also the key ingredient in popular recipes such as Tahini, which is used to make hummus.
The global sesame seeds market has been growing steadily in recent years due to the increasing demand for sesame seeds in various applications, such as food and beverages, pharmaceuticals, cosmetics, and others. Sesame seeds are rich in nutrients and offer several health benefits, which have made them popular among health-conscious consumers.
Market Summary
| Metrics | Details |
| CAGR | 3.9% |
| Size Available for Years | 2022-2031 |
| Forecast Period | 2024-2031 |
| Data Availability | Value (USD ) |
| Segments Covered | Application, Form, Distribution Channel and Region |
| Regions Covered | North America, Europe, Asia-Pacific, South America and Middle East & Africa |
| Fastest Growing Region | North America |
| Largest Region | Asia-Pacific |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Market Dynamics
Growing Demand for Plant-Based Proteins Drives Growth in Sesame Seeds Market
The sesame seeds market trend is towards increased demand for plant-based proteins, driven by growing health and environmental awareness among consumers. As more people adopt plant-based diets and seek alternative protein sources, sesame seeds are becoming increasingly popular due to their nutritional value and versatility. Sesame seeds contain all nine essential amino acids and are a rich source of protein, fiber, healthy fats and other essential nutrients.
They can be used in a variety of food products, including bakery items, spreads and snacks, making them an attractive ingredient for food manufacturers looking to develop new plant-based food products. In terms of sesame seeds market analysis, the growing demand for plant-based proteins is expected to drive growth in the market in the coming years. The market is also highly competitive and fragmented, with a large number of small and medium-sized players operating in the market.
Availability and Quality of Raw Materials Pose Challenges for Sesame Seeds Market Growth
In terms of sesame seeds market analysis, the availability and quality of raw materials pose a significant challenge for market players to maintain a consistent supply of high-quality sesame seeds. This can affect the sesame seeds market share and lead to price fluctuations, impacting the profitability of market players. However, factors such as supply chain disruptions and quality issues can limit the market's growth potential.
Moreover, the potential for allergies associated with sesame seeds can limit their use in certain food products and negatively impact consumer demand. These factors indicate the need for market players to focus on improving supply chain management and quality control measures to maintain their sesame seeds market share and meet the growing demand for high-quality sesame seeds.
Market Segment Analysis
The global sesame seeds market is segmented based on application, form, distribution channel, and region.
Application of Sesame Seeds in Bakery and Snack Products Drives the Market Growth
In terms of sesame seeds market analysis, the application segment plays a crucial role in determining the market share of different players. It includes food and beverages, pharmaceuticals, cosmetics and others. The bakery segment is the major application area for sesame seeds, accounting for a significant share of the market. This is due to the widespread use of sesame seeds in bread and other baked goods, driven by the demand for natural and healthy ingredients. The snack segment is also a significant application area for sesame seeds, with the growing popularity of healthy snacking driving demand for sesame-based products.
Market players are focusing on developing innovative products to cater to the diverse applications of sesame seeds in different food products. Moreover, increasing consumer awareness about the health benefits of sesame seeds and the trend toward plant-based diets are expected to drive growth in the sesame seeds market.
Market Geographical Share
Asia-Pacific Emerges as One of the Largest Markets for Sesame Seeds
By region, the global sesame seeds are segmented into Asia-Pacific, North America, South America, Europe, and Middle-East and Africa.
According to the sesame seeds market analysis, Asia-Pacific accounts for over 70% of the global sesame seeds market share, making it the largest region in the market. China and India are the major producers and consumers of sesame seeds in the region, with China alone accounting for over 40% of global production.
The increasing popularity of natural and healthy ingredients and the rising demand for sesame-based products in the food industry are driving growth in the region. Market players are focusing on expanding their production capacity and improving their supply chain management to cater to the growing demand. Moreover, the increasing adoption of technology in sesame cultivation and processing is expected to further boost the market's growth in the region.
Sesame Seeds Market Companies
The major global players include McCormick & Company Inc., Olam International Limited, Archer Daniels Midland Company, Selet Hulling PLC, ETG Commodities Inc, SunOpta Inc, Hakan Agro DMCC, EKETA Ltd, Dipasa USA Inc and Shivam Enterprises.
COVID-19 Impact on Market
The COVID-19 pandemic has had a mixed impact on the sesame seeds market. On the one hand, the demand for healthy food ingredients like sesame seeds has increased due to growing health concerns. However, disruptions in supply chains, transportation and logistics have resulted in a shortage of labor and raw materials, leading to a decline in production and export activities.
Additionally, the closure of hotels, restaurants, and cafes has resulted in reduced demand for sesame-based food products, affecting the overall market growth. Despite these challenges, the market is expected to recover in the post-pandemic period, driven by the increasing demand for healthy and natural ingredients.
Key Developments
- On March 31, 2021, AGT Food and Ingredients Inc. announced the sale of its edible and roasted products business, including its sesame seeds business, to Archer Daniels Midland Company. This acquisition will allow ADM to expand its product offerings and strengthen its position in the global food ingredient market.
- On April 07, 2021, the Japanese food company Ajinomoto Co., Inc. announced the acquisition of a 50.1% stake in More Than Gourmet Holdings, Inc., a U.S.-based manufacturer of gourmet food products, including sesame oil. The acquisition will allow Ajinomoto to expand its presence in the North American market and strengthen its product offerings.
- On May 03, 2021, McCormick & Company, Incorporated announced the acquisition of Cholula Hot Sauce, a Mexican-inspired hot sauce brand that uses sesame seeds as one of its ingredients. The acquisition will allow McCormick to expand its portfolio of flavor products and strengthen its position in the hot sauce market.
Why Purchase the Report?
- To visualize the global sesame seeds market segmentation based on application, form, distribution channel, and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of Sesame Seeds-level with all segments.
- The PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The Global Sesame Seeds Market Report Would Provide Approximately 61 Tables, 59 Figures and 195 Pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
