Sesame Seeds Market Overview
Sesame seeds market size is projected to reach USD 8.01 billion by 2030, at a CAGR of 2.03% over the forecast period. Sesame seeds have gained massive traction in the food and beverage industry owing to their health benefits. They are rich in nutrients such as flavonoid phenolic antioxidants, dietary fibers, omega-6 fatty acids, and vitamins. They are supplemented with potassium, iron, magnesium, and calcium, crucial for the human body. Several market leaders across the globe are making heavy investments in research & development activities to introduce new and innovative products with sesame seeds, as it has a rich nutty flavor and is used in whole, paste, powdered, crushed, broken, and shelled forms in many food products.
The ongoing covid-19 outbreak impelled customers to rethink their consumption patterns, leading to the growth in an ultimatum for healthy ingredients and creating an opportunity for sesame seeds as ingredients for several foods and personal care products. However, the interference in trade created a reduction in the initial quarters of 2020.
Instead, the little interference owing to the increasing customer inclination toward healthy living and adopting healthy food ingredients, the sesame seed market is forecasted to rise during the anticipated period. Across the globe, there is a rising desire for healthy ingredients in diets among customers, especially among the millennial population across North America and Europe. The nutritive profile of these seeds has obtained consumers’ attraction over a few years.
The rising ultimatum for superfoods among health-conscious customers is boosting the ultimatum for the sesame seed market. Moreover, price variations and allergies are associated with the market’s growth, and artifacts are also holding back the growth of the market for sesame seeds.
The boosters recognized in this market are consumption patterns and rising health awareness, rising the ultimatum across the countries, and developments and innovations regarding hybrids. The moderation recognized in the sesame seeds market is international price variations, strong international rivalry, and botulism risk in sesame seeds.
Primarily the sesame seed market has been categorized by color, seed type, application, and distribution channel. Sesame seeds have different colors like white, black, brown, and others. However, these seeds come in two major types, raw seeds, and processed seeds, it also comes in other types. These seeds are mainly used in the cosmetics industry, food industry, beverage, and other industries. However, distribution channels of this market include online, offline, and others.
The global market for sesame seeds has been categorized into four regions named North America, Europe, Asia Pacific, and the rest of the world which include countries, such as Brazil, Argentina, South Africa, Sudan, and the United Arab Emirates. Consumers across the USA are looking for nutritive ingredients for their diet owing to a rise in obesity rates. According to the market dynamics and patterns in 2019, the fatness rate achieved 42.80% in the United States. The USA sesame seeds market has been again categorized into Canada and Mexico.
Key Sesame Seeds Market Players in the Global Market
Shyam Industries (India)
Selet Hulling PLC (Ethiopia)
Dipasa USA Inc (US)
SunOpta, Inc. (Canada)
Samruddhi Organic Farm (India) Private Limited (India)
Shiloh Farms (Pennsylvania)
VM Trading GmbH (Germany)
Hartmann & Popp (GmbH & Co. KG) (Germany)
Wholefood Earth (UK)
Due to the covid-19 outbreak, significant changes have been observed in customers’ lifestyles and food habits, which is forecasted to drive the ultimatum for sesame seeds. The market for sesame seeds was calculated at USD 6.670 billion in2019 and is projected to reach USD 7.560 billion by 2027, growing at a compound annual growth rate of 1.50% during the anticipated period from 2020 to 2027, across the globe. The growth of the market is obtained from the rising awareness of the maximum population towards a healthy diet all over the world.
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