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Sesame Seeds Market Size
- Report ID: GMI7308
- Published Date: Nov 2023
- Report Format: PDF
Sesame Seeds Market Size
Sesame Seeds Market was valued at around USD 7.35 Billion in 2022 and is estimated to reach USD 9.27 Billion by 2032.
Sesame seeds are used in baking, confectionery, and snack product manufacture in the food business. They are also an important component in the creation of tahini, a prominent Middle Eastern food, and sesame oil, a major component in many Asian meals. Sesame seed demand in the food sector is strong as customer tastes for different and healthier food alternatives continue to expand. Furthermore, the growing popularity of ethnic dishes throughout the world, such as Middle Eastern and Asian cuisines, contributes to expanding demand for sesame seeds.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Sesame Seeds Market Size in 2022: | 7.35 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 2.3% |
| 2032 Value Projection: | 9.27 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 292 |
| Segments covered: | Product type, category, end-use, and distribution channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Consumer health consciousness is playing a vital role in driving market expansion. Sesame seeds are high in protein, dietary fiber, healthy fats, vitamins (particularly B vitamins and vitamin E), and minerals (including magnesium, calcium, and iron). Because of these nutritional benefits, sesame seeds are an excellent supplement to a well-balanced diet. Sesame seeds are increasingly being used in a variety of culinary applications, from baking and cooking to salad dressings and smoothies, as health-conscious customers seek natural and whole food alternatives.
Volatility in sesame seed prices hinder revenue growth in the sesame seeds market. Sesame seed farming is extremely reliant on weather conditions, and variables such as droughts, floods, or other bad weather occurrences can have a substantial influence on crop output. When manufacturing is disrupted, there may be a scarcity of sesame seeds on the market, driving up costs. In contrast, wide harvests can lead to overstock, leading prices to fall.
Moreover, the cost of sesame growing inputs, such as seeds, fertilizers, and manpower, might fluctuate due to market circumstances and currency variations. When input costs rise, manufacturers may be forced to pass these costs on to customers in the form of higher sesame seed prices.
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Sesame Seeds Market Scope
