July 6, 2024

Organic Sesame Seed Market Poised To Achieve Growth By Increasing Health And Wellness Trend Among Consumers

Organic sesame seed is a traditional oilseed crop that is cultivated primarily for its seeds which are a rich source of oil. It is high in nutrition and contains dietary fibers, magnesium, copper, manganese, calcium, iron, phosphorus, zinc, vitamin B1, proteins and various other compounds. Organic sesame seeds and its products such as tahini, halva are used in various cuisines and food preparations across different regions. The seeds also offer multiple health benefits due to the presence of antioxidants and are believed to improve bone health, heart health and aid in digestion. They provide relief from arthritis pain and reduce blood pressure and cholesterol levels. With the rising awareness about organic and nutritious food options, the demand for organic sesame seeds is increasing significantly among health-conscious consumers.

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:
Increasing health and wellness trend among consumers across the globe (“Organic Sesame Seed Market Poised to Achieve Growth by Increasing Health and Wellness Trend among Consumers”) is a key driver propelling the growth of the organic sesame seed market. Consumers are becoming increasingly health conscious and prefer organic and natural ingredients due to associated health benefits. This has raised the demand for high-nutrition organic sesame seeds. Furthermore, growing awareness about numerous nutritional and medicinal properties of sesame seeds is also fueling the market growth. Sesame seeds are a rich source of various vitamins, minerals, antioxidants, fibers and other bioactive compounds that provide manifold health advantages. Rising consumer inclination towards organic sesame seeds and products due to their therapeutic properties is positively impacting the market expansion over the forecast period.

Segment Analysis
The organic sesame seed market can be segmented basis product type into white sesame seeds, black sesame seeds and brown sesame seeds. Among these, white sesame seeds dominates the segment holding around 60% market share. White sesame seeds are the most widely produced variety globally and are preferred for their unique nutty flavor.

PEST Analysis
Political:
The organic farming sector is receiving strong policy support across many countries to encourage sustainable agricultural practices. Governments provide subsidies and incentives to promote organic sesame seed cultivation.
Economic: Rising health consciousness and disposable incomes are driving greater demand for organic food products globally. However, high costs associated with organic farming practices remain a challenge for widespread adoption.
Social: Growing popularity of vegan and plant-based diets is benefiting demand for organic sesame seeds. Social media campaigns are also creating awareness about the various health benefits of sesame seeds.
Technological: Advancements in farming and processing techniques are helping reduce costs and improve efficiencies in organic sesame seed production. Technologies like blockchain are being increasingly used for supply chain traceability.

Key Takeaways
The global Organic Sesame Seed Market Trend is expected to witness high growth over the forecast period. Regional analysis shows that Asia Pacific currently dominates the market with India and China accounting for a large share due to optimal climatic conditions and low costs of production.

Regional analysis related content comprises North America is also expected to register rapid growth in demand aided by rising health awareness and proliferation of organic food outlets in countries like the U.S. and Canada. Emerging markets of Latin America and Middle East & Africa are showing high potential and offer lucrative opportunities for market players looking to tap fast developing economies.

Key players related content comprises 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., and Hain Celestial. Key players are focusing on expanding their production capacities and global footprint through strategic acquisitions and collaborations.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it