Sesame Seeds Market Size and Share Outlook 2023-2028: Industry Growth Analysis, Sales revenue, CAGR Status, Future Demand and Developments
The new report by Expert Market Research titled, ‘Global Sesame Seeds Market Size, Share, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global sesame seeds market, assessing the market based on its segments like major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 2.3%
The rising demand for various sesame seeds is predicted to positively impact the sesame seeds industry. These oilseeds are available white, black, and brown varieties and are utilized in a spread of the way . additionally , this crop is immune to unfavourable weather and requires minimum attention. Moreover, the increased usage of sesame seeds within the snacks and food industry is additionally expected to drive the market growth. Furthermore, its nutty, sweet taste and aroma make it an honest condiment for toasts, stir-fries, and soups. These factors are estimated to reinforce the general marketplace for sesame seeds within the forecast period.
Europe is predicted to carry a considerable share of the sesame seeds industry within the forecast period. This growth are often related to the growing demand for sesame seeds within the region. In 2019, the sesame import into the ecu Union was estimated to be 132 thousand tonnes. Moreover, Europe has had a long-term demand for 100+ thousand tonnes of sesame seeds per annum , especially from the food manufacturing and bakery industry, like to organize toppings for bread and snacks. Furthermore, sesame is that the 6th largest oilseed in European imports after soybean, rapeseed, linseed, sunflower seeds, and groundnuts, respectively. These factors are estimated to catalyse the market growth of the worldwide sesame seeds industry.
Sesame Seeds Industry Definition and Major Segments
Sesame seeds are small, oil-rich seeds that grow in pods on the sesame plant and are considered to be one among the oldest oilseed crops. The sesame plant is essentially grown in tropical and subtropical parts of the planet , including Asia, Africa, and South America, because it may be a popular addition to several dishes across the world . These seeds are full of fibre, protein, and healthy fats and provide antioxidants, vitamin E, calcium, and vitamin B. Moreover, sesame seeds are often eaten raw and are often added as garnishing on many dishes, while some recipes like Tahini, which is employed to form hummus, are solely made from sesame seeds.
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On the Basis of region, the market can be divided into:
- North America
- Europe
- The Asia Pacific
- Latin America
- Middle East and Africa
Sesame Seeds Market Trends
The rising consciousness about health and fitness is resulting in an increased consumer shift towards organic and healthy alternatives of oil and other by-products with low-fat content. As a result, benniseed oil is gaining prominence among consumers due to the health benefits related to the merchandise, like its ability to assist combat inflammation, provide heart-healthy fats, and skin protection from sun damage. this will be attributed to the high amount of omega-3 and omega-6 fatty acids, both of which are polyunsaturated fats, present within the vegetable oil . These fatty acids help prevent diseases like heart condition and cancer while improving system functioning. Moreover, the increasing incidences of health issues associated with high cholesterol, vital sign , and diabetes also are expected to extend the consumption of sesame seeds, thus, spearheading the market growth within the forecast period.
Key Market Players
The major players in the market areOlam International,Dipasa Europe B.V., Unicorn Ingredients Limited, Virdhara International, Tradin Organic Agriculture B.V., Akay Agro Allied and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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