Organic Sesame Seed Market

Organic Sesame Seed Market Size Share Trends Growth Value Analysis 2022-2027

Organic Sesame Seed Market size was at USD x.xx million in 2019 and is anticipated to reach over USD x.xx million by the end of the assessment period. The market is also estimated to experience reasonable growth to record a CAGR of 4.2% throughout the foreseen period (2022 - 2027). The growing demand in various food products, bakery products, animal feed, cosmetics, and medicines is a key factor in the global Organic Sesame Seed Market growth. Due to the high presence of protein in organic sesame seeds, the demand for animal feed products is increasing dramatically in poultry and livestock globally. Because of the presence of high levels of calcium and protein in tahini (raw sesame seed paste), which is used in various food products, the demand for whole organic sesame seeds increases dramatically during the forecast period. North America organic sesame seed market is controlling with the dominant shares due to the growing demand for food and beverages in the united states.

Sesame seeds are one of the most popular and healthy seeds that are grown primarily in the Asia-Pacific region. In the Asia-Pacific nations, India is known as a large-scale production and export destination for sesame seeds. Organic sesame seeds are small, seemingly flat, creamy white seeds without the outer shell (peeled). Organic sesame seeds are used to produce cooking oils used in various food products. They are also used in the bakery industries for products like baked snacks, decorating buns, etc. Organic sesame seed contains water and oil-soluble antioxidants such as sesamin, sesaminol, sesamolin, and sesaminol glycosides, which are essential ingredients for better health. Organic sesame oil is also used to make soaps and margarines, as well as to decorate various kitchens in Japan. In western countries, organic sesame seeds are mainly used in confectionery. Organic sesame seed oil is refined and widely used in cosmetics around the world.

COVID-19 is likely to extend its impact on the food industry and its supply chains. The strict lockdown conditions implemented in several nations to curb the spread of coronavirus have resulted in the temporary closure of manufacturing units and sales channels, affecting revenue in all the industries, including the organic sesame seeds market. However, the increasing awareness related to the health benefits of sesame seeds is likely to push the boom for the organic sesame seeds business in the coming years.

REPORT COVERAGE:

Market Segmentation:

The global market for organic sesame seeds is segmented by color, seed shape, application, end-user, and region.

The organic sesame seed market is segmented based on color into white, black, and brown sesame seeds. White sesame seeds are mainly used in Asian countries on a large scale, so the organic sesame seed market is expected to see strong growth in the Asia-Pacific region.

Global organic sesame seed is also segmented on the basis of the seed form which includes raw or whole seeds and processed seeds, the post-processed seeds are subdivided into oils, pastes, and cakes. Tahini (pasta) made from processed sesame seeds contains less fat than roasted seeds, it is also a good source of omega-3 and omega-6 fatty acids. Sesame seed flour is a high protein source that is used for poultry and livestock. Due to various food applications, customers mainly use whole seeds, which increases the market share of the global market for organic sesame seeds.

The organic sesame seeds market is segmented on the basis of applications where organic sesame seeds are used in food product applications such as ready-to-eat food products, baked snacks, baked goods, and confectionery. Besides food products, sesame seed is also used in cosmetics and pet food. Therefore, the organic sesame seed market is expected to significantly increase the contribution to income during the forecast period.

Based on the end-user, the worldwide market is separated as pharmaceutical, oil extraction, food & beverages.

Regional Analysis:

The global Organic Sesame Seeds market has been categorized by geography into North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa. Globally, the Asia-Pacific region with the countries of India, Myanmar, and China is leading in the market for organic sesame seeds, as they are the main producers of the world. Due to the change in lifestyle associated with the increase in ready-to-eat products, the use of organic sesame seeds in various food applications has been improved and therefore the global market for sesame seeds is supposed to expand considerably during the foreseen period.

Leading Company

Shyam Industries had the largest share of the Organic Sesame Seed Market in terms of sales and revenue in 2019.

Some of the Major Companies Covered in the Global Market Report:

Key players in the Organic Sesame Seed Market include Bishnoi Trading Corporation, Shyam Industries, SunOpta, Fuerst Day Lawson, Accura Group, ETICO, Sarvoday Natural, Dipasa USA, Inc., Dhaval Agri Exports, and Selet Hulling PLC.

Recent Developments in the Industry:

1. Sabra Dipping Company, a joint venture between PepsiCo and Strauss Group, one of Israel's largest food manufacturers, has announced plans to grow a variety of non-GMO sesame seeds, the first of its kind in the United States. The seeds were developed by Sabra and will produce tahini, a key ingredient in the company's vegan hummus.
2. Credit Sesame has decided to acquire STACK, a challenger bank based in Canada. The terms of the contract are not disclosed. The announcement comes three months after Credit Sesame introduced Sesame Cash, a digital bank account powered by STACK. After a successful pilot test in March, Credit Sesame began a widespread Sesame Cash rollout in mid-May. Since then, the company has integrated more than 200,000 users into the new service.
3. ED&F Man, the global financial services and commodities group, announces the acquisition of Maviga PLC, a leading company in the creation, processing, and supply of dried edible legumes and other specialty crops such as sesame seeds; the consideration is not disclosed. Maviga becomes a 100% subsidiary of ED&F Man and is an important part of the Group's strategic growth plans for its Commodities Division.