Sesame seeds are highly nutritious oilseeds that are cultivated for their seeds that are rich in proteins, minerals, vitamins and oils. They are widely used as an ingredient in various food applications such as bakery products, snacks and confections, ready-to-eat healthy foods, and other food items for their nutritional value. Sesame seeds have various health benefits such as high antioxidant content, anti-inflammatory properties, boost immunity and lower cholesterol levels.
The global Organic Sesame Seed Market is estimated to be valued at US$ 630.5 Mn in 2023 and is expected to exhibit a CAGR of 8.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
One of the major drivers for the growth of the Organic Sesame Seed Market is the rising consumer preference for nutritious and clean labeled food products. Consumers are increasingly health conscious and seek food items that provide various health benefits along with nutritional value. Organic sesame seeds are gaining popularity among consumers due to their high nutritional content including proteins, minerals, vitamins and healthy fats. Further, organic sesame seeds do not contain any chemicals and are grown without the usage of pesticides and fertilizers which is another important factor driving their demand. The health benefits of organic sesame seeds such as antioxidant and anti-inflammatory properties makes them an ideal ingredient for various food applications in sectors like bakery, confectionery and snacks. The clean label trend is boosting the adoption of organic sesame seeds in ready-to-eat foods as consumers closely monitor food labels for ingredients. The growing health awareness and clean label movement is supporting the demand for organic sesame seeds worldwide.
SWOT Analysis
Strength: Organic sesame seed is considered as a healthy addition with high nutritional value. It contains vitamins, minerals, protein, antioxidants and calcium. It is widely used in various healthy food items like bakery and snacks. Organic sesame has high antioxidant capacity compared to conventionally grown seeds.
Weakness: Organic sesame seed has lower yields as compared to conventional sesame due to limited use of fertilizers and pesticides in organic farming. It also faces supply chain issues due to non-availability of certified organic seeds. High costs associated with organic certification and production are also weaknesses.
Opportunity: Rising awareness about health benefits of organic and chemical-free foods provides growth opportunities. Increasing demand for organic sesame butter, tahini and other sesame-based products from health conscious consumers is a major opportunity. Rapid expansion of organic food market globally presents potential for organic sesame seed demand.
Threats: Possibility of cross-contamination from neighboring conventional farms poses threats. Lower tolerance of organic sesame towards biotic and abiotic stresses makes it susceptible to crop failure. Price fluctuations of raw materials also affect the supply.
Key Takeaways
The global Organic Sesame Seed Market Trend is expected to witness high growth. Regional analysis related content comprises Regional analysis related content
The Asia Pacific region currently dominates the global organic sesame seed market with a share of over 35% in 2023. Countries like India, China, Japan and Indonesia have extensive area under organic sesame cultivation and are major producers. India exports over 60% of its organic sesame production mainly to Europe and North America.
The organic sesame seed market in North America is projected to grow at a CAGR of 7.2% during the forecast period. Increasing health consciousness coupled with rising vegan population drives the demand. Key players like Equal Exchange, Frontier Co-op and Just Organik offer a wide variety of organic sesame products in the region.
Key players
Key players operating in the organic sesame seed market are Shyam Industries, Sresta Natural Bioproducts Pvt. Ltd., Raab Vitalfood GmbH, Sanmark, MANISH AGRO EXPORTS, Orienco, Wilbur-Ellis Company, Equal Exchange, Just Organik, Frontier Co-op, Sesajal S.A. de C.V., Connoils LLC, Divine Food, Selet Hulling PLC, Dipasa USA, Inc., McCormick & Company, Inc., ETICO, S.L. (e-TIC), SunOpta Inc., KTC Edibles, LLC., Hain Celestial. These leading players are focusing on expanding their organic sesame seed portfolio as well as global footprint through collaborations.
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