February 25, 2024
Organic Sesame Seed Market

Organic Sesame Seed Market Expected To Be Flourished By Growth In Functional Food And Beverage Industry

Sesame seeds are one of the oldest oilseed crops known to humans. Organic sesame seeds and its products are widely utilized in various industries such as food and beverages, cosmetic and personal care, and pharmaceuticals. Sesame seeds are a good source of protein, fiber, and healthy fats. They are used to produce tahini, sesame oil, halva and other confectioneries. The growth in functional food and beverage industry is augmenting the demand for organic sesame seeds. Organic sesame seeds provide numerous health benefits due to the presence of antioxidants like sesamol and sesamin. They help reduce blood pressure and cholesterol levels. The global organic sesame seed market is estimated to be valued at US$ 630.5 Mn in 2024 and is expected to exhibit a CAGR of 1.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

The growth in the functional food and beverage industry is expected to flourish the organic sesame seed market during the forecast period. Organic sesame seeds are widely used in various healthy food products to impart nutritional value. The increasing health consciousness among consumers is propelling the demand for nutrient-rich organic sesame seeds and associated products. Additionally, continuous research and development activities are being carried out to utilize the medicinal properties of sesame seeds for various pharmaceutical applications which will further contribute to the market growth over the coming years.

Segment Analysis

The global organic sesame seed market is divided into three key segments based on nature, form, and application. The nature segment is further divided into conventional and organic. Among nature, the organic segment holds the largest market share currently owing to the rising health consciousness among consumers regarding chemical-free food products. Based on form, the market is classified into whole, powered and splits. The whole segment dominates presently as whole seeds are preferred for their nutritional value and authentic taste. In terms application, the organic sesame seed market is fragmented into food and beverages, cosmetic and personal care, pharmaceuticals and others. The food and beverages sub-segment dominates with maximum share as sesame seeds are widely used in various food products like bread, snacks and others for their flavoring properties.

PEST Analysis

Political: Currently, there are no mandates or policies specifically directed towards organic sesame seeds. However, the growing government support for sustainable agriculture is supporting the growth of organic farming which is benefitting the market.
Economic: The rising disposable incomes and growing health awareness among consumers are major economic drivers. However, the fluctuating prices of organic sesame seeds can hamper the market growth.

Social: Changing lifestyles and shifting preferences towards organic and natural products are major social factors responsible for market growth. Moreover, the rising focus on sustainability is further fueling market demand.
Technological: Significant technological advances in processing and packaging are helping improve the shelf life of organic sesame seeds without compromising on quality and nutrients. Increased investments in cold chain logistics are also supporting the market.

Key Takeaways

The global Organic Sesame Seed Market Growth is expected to witness high growth in the forecast period owing to rising health consciousness among consumers.

The Asia Pacific region currently dominates the market led by countries like India, China and Japan. This is attributed to the traditional usage and availability of sesame seeds in various cuisines.

Key players operating in the organic sesame seed market are SHYAM Industries, Selet Hulling PLC, Dhaval Agri Exports, Accura Group and SunOpta. Key players such as SHYAM Industries and Selet Hulling PLC account for majority share in the global market due to their widespread distribution networks and product portfolio.