Market Size of Sesame Seed Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 7.67 Billion |
| Market Size (2029) | USD 8.72 Billion |
| CAGR (2024 - 2029) | 2.60 % |
| Fastest Growing Market | North America |
| Largest Market | Asia-Pacific |
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Sesame Seeds Market Analysis
The Sesame Seed Market size is estimated at USD 7.67 billion in 2024, and is expected to reach USD 8.72 billion by 2029, growing at a CAGR of 2.60% during the forecast period (2024-2029).
The ongoing COVID-19 pandemic compelled consumers to rethink their consumption patterns, leading to the growth in demand for healthy ingredients and creating an opportunity for sesame seeds as ingredients for various food and personal care products. However, the disruptions in trade created a decline in the initial months of 2020. Despite the little disruption, due to the rising consumer inclination toward healthy living and adopting healthy food ingredients, the sesame seed market is anticipated to grow during the forecast period.
Across the world, there is a growing appetite for healthy ingredients in diets among consumers, especially the millennial population across North America and Europe. The nutritional profile of these seeds has gained consumer attraction over the last few years.
The growing demand for superfoods among health-conscious consumers is driving the demand for the market. However, price fluctuations and allergies associated with the commodity are holding back the growth of sesame seeds.
The drivers identified in this market are consumption patterns and increasing health awareness, increasing demand across nations, and advancements and innovations in terms of hybrids. The restraints identified in the market are international price fluctuations, strong international competition, and salmonella risk in sesame seeds.
