Consumer Goods & Retail

Global Sesame Seeds Market

February 4, 2020
ID: SR/CG-13
Format:Pdf
Pages:220

Global Sesame Seeds Market by Forms (Raw or whole seed, and Processed seeds), By Type (White, Black, and Brown), By Distribution Channel (Manufacturer, and Aftermarket) and By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

Description

Global Sesame Seeds Market Overview

The global sesame seed market is expected to grow with a CAGR of 7.4 % during the forecast period of 2022-2028.

Sesame, also known as fat hemp, flax, is a seed of flax, an annual, erect herb, and 60-150 cm tall. Sesame seeds are found all across the globe in tropical and some temperate regions. It is considered as one of the main oilseed crops which has high application value and contain up to 55% oil. There have been many colorful foods and delicious dishes made with sesame seeds and sesame oil, which are famous all over the world.

Additionally, sesame seeds have various benefits associated with it, such as high nutritional value coupled with a high content of fiber, nutrients, minerals, protein, and healthy fat, and seeds are available at nominal market price, thus fueled the market growth. With several health benefits, sesame seeds are used in many snacks and smoothies to enhance the taste and add some nutrition to the dish.

Global Sesame Seeds Market Insights

Global Sesame Seeds Market estimated to grow with a momentous rate over the forecast period, 2020-2027. The major driving forces for the sesame market are, it has found a place in various applications, thereby results in increased consumption of sesame seeds and its product. The oil of sesame seeds increases the appetite, and sesame seeds are rich in Vitamin E and prevent hair loss and premature gray hair. Sesame seeds are used in the manufacturing of pigments, soaps, cosmetics, perfumes, bath oils, pesticides, and pharmaceuticals. Therefore, with increased usage of sesame seed and its by-products, the market is anticipated to witness significant growth in the coming years.

Moreover, increasing disposable income and a rise in health concerns have also positively affected the usage of sesame seeds. The affordable price of the seeds and massive benefits associated with it have increased the demand for the sesame seeds market.

Global sesame seeds market has a strong consumer base and also enjoys a strong leadership position among other crops such as cashews, peanuts, almonds, and hazelnuts. The demand for the sesame seeds has been growing due to the increasing number of small and commercial farmers involved in the cultivation of sesame seeds and helps in the reflection of growth in the global sesame seeds market.

Furthermore, in recent years, the consumer base of agricultural products has increased at a large scale; thus, increases the consumption level and sesame production in major countries.

Growth Driver

High nutritional and fiber content

With changing health concerns and lifestyles, consumers have started demanding products that are naturally rich in nutrients, fiber, protein, and others. Therefore, many regions across the globe have begun consuming sesame seeds in their diet in the form of a healthy snack, smoothies, energy bars, etc. thus, due to high nutrition, fiber, vitamin E and protein present in sesame seeds help in growing global sesame seeds market in the forecast period from 2020-2027.

Used in multiple products

Sesame seeds are highly rich in vitamin E, which helps in the prevention of hair loss and premature gray hair. Coupled with various other benefits related to the properties of sesame seeds used in making pharmaceuticals, cosmetics, perfumes, bath oil, snacks, beverages helps in bolstering the demand of the global sesame seeds market in the forecast period 2020-2027.

Forms Segmental Analysis

Based on Forms, the global Sesame Seeds market bifurcated into Whole or Raw seed, and Processed Seed. The processed seed segment anticipated to gain significant market share by 2027, owing to the products obtained from processing the sesame seeds such as sesame oil, perfumes, bath oil, body washes, moisturizers, and others helps in capturing the large segment of the global sesame seeds market.

Type Segmental Analysis

Based on type, the global Sesame Seeds market classified into Black, Brown, and White. The white sesame seed segment captured the dominant market in 2019 and is expected to boost the market in the forecast period 2020-2027. Due to anti-allergic and skin-nourishing properties of white sesame seeds, sesame seeds are being used in cosmetics, pharmaceuticals, toiletries, food, oils, and other industries and expected to witness the highest growth in the future market.

Distribution Segmental Analysis

Based on Distribution, the global sesame seeds market bifurcated into Manufacturer and Aftermarket. The Aftermarket segment expected to boost during the forecast period. The easy availability of sesame seeds for its sub-products has increased the utilization of the sesame seeds as manufacturers directly supply to the pharmaceutical industry, cosmetic industry, and many other industries, thus leads to the growth of the segment.

Region Segmental Analysis

Based on geography, the global Sesame seeds market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is anticipated dominating the sesame seeds market, and the growth is attributed to the rising consumption of baked goods and confectionary in emerging economies, including Bangladesh and India. Further, Ethiopia is Africa’s largest region and fourth-largest sesame producer across the globe. Ethiopia’s white sesame is world-famous, with an oil yield of more than 50%. It is a major cash crop, showing a significant increase in both quantity and value.

Ethiopia has become China’s largest source of sesame imports. According to statistics, in 2016, China imported 933 thousand tons of sesame seeds worth USD 959 million accounted for 96.9% of China’s total imports.

Competitor Analysis

Companies such Bayer AG, Syngenta, Orienco, Selet Hulling PLC, SunOpta, SINDAN ORGANIC, Archer Daniels Midland Company and others are prominent players in the global Sesame Seeds market.

Key Stakeholders

Market research and consulting firms
Industry associations
Global Sesame Seeds manufacturing companies
Research organizations and consulting companies
Organizations, associations, and alliances related to global Sesame Seeds.
Regulatory bodies
Retailers
Suppliers

Scope of the Report

Report Attribute	Details
Market size value in 2021	USD million
The revenue forecast in 2028	USD million
Growth Rate	CAGR of 7.4 % from 2022 to 2028.
Historical data	2017 – 2020
Base Year	2021
Forecast period	2022 – 2028
Region covered	North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	Bayer AG, Syngenta, Orienco, Select Hulling PLC, SunOpta, SINDAN ORGANIC, Archer Daniels Midland Company and others are key players.

Recent Development

In November 2017, Agro News Nigeria Sister Company of MARIOK Farms Ltd. It is working to increase Nigeria’s export proceeds on sesame seed, hence emphasizing it. Agro News Nigeria will be developing 200 hectares of sesame seed farm estate.

The objective of the Research

Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Market Modelling

By Forms

Raw or Whole seed
Processed Seed

By Type

White
Black
Brown

By Distribution

Manufacturer
Aftermarket

By Region

Europe
North America
Asia Pacific
South America
Middle East & Africa

Table Of Contents

Methodology

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Frequently Asked Questions (FAQ):

What is sesame seed?

Sesame is also known as the fat hemp flax, an annual, erect herb, 60-150 cm tall. It is a compact source of high fiber content, nutrients, minerals, protein, and healthy fat. It is considered one of the main oilseed crops, which has high application value and contains up to 55% of oil.

Can sesame seeds be planted?

Yes, of course, it is planted. The nutty seeds of the sesame plant are believed to be the oldest cultivated oilseed crops.

In what colors are sesame seeds available in the market?

Three colors of sesame seeds are available in the market—white, brown, and golden. Compared to golden and brown seeds, white seeds are more expensive in the market.

Which region is expected to have the largest share in the global sesame seed market?

The Asia Pacific is expected to have the largest share in the global sesame seed market.

How big is the sesame seed market?

The global sesame seed market is growing with a CAGR of 7.4 %during the forecast period of 2022-2028.

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