Organic Sesame Seed Market Is Estimated To Witness High Growth Owing To Rising Consumer Preference For Nutritious And Clean Labeled Food Products

Organic Sesame Seed Market 

Sesame seeds are one of the oldest oilseed crops known to humans and are consumed whole or extracted for their oil content of around 50%. Organic sesame seeds are produced without using any pesticides, chemical fertilizers, or genetically modified organisms. Organic sesame seeds offer various health benefits such as antioxidant, anti-inflammatory, anti-aging, stress relief properties. They are good source of magnesium, copper, manganese, calcium, phosphorus, iron, fiber and protein. Increasing consumer preference for organic food products due to rising awareness about health and wellness is driving the demand for organic sesame seeds globally.

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 Opportunity:

Increasing demand for organic food products from health conscious consumers is a major market opportunity for organic sesame seed market players. Consumers are increasingly opting for organic and chemical free products considering various health benefits. Many national governments are also promoting organic farming through regulations and incentives. The demand for organic sesame seeds is expected to grow substantially driven by increasing preference for healthy food without pesticide residues. Organic sesame seed producers and suppliers can leverage this opportunity by expanding production and enhancing distribution network to cater to rising global demand.

Porter’s Analysis

Threat of new entrants: The organic sesame seed market has moderate threat of new entrants as it requires large capital investment for commercial production and processing facilities along with high quality standards and certifications.

Bargaining power of buyers: The buyers have moderate bargaining power in the organic sesame seed market due to the availability of substitutes like soybean oil and sunflower oil.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to the fragmented nature of suppliers.

Threat of new substitutes: The threat of substitutes is low in the organic sesame seed market since there are limited substitutes that can provide similar nutritional benefits.

Competitive rivalry: The competitive rivalry is high in the organic sesame seed market since it is dominated by few international players.

SWOT Analysis

Strength: High nutritional value of sesame seed with oil, protein and antioxidants. Rising health conscious population boosting the demand.

Weakness: Yield instability due to climate change affecting production. Premium pricing makes it less affordable for certain customers.

Opportunity: Increasing use in various food applications like bakery products, etc. Growing global organic food and beverages industry.

Threats: Threat from conventional sesame seeds due to their lower prices. Vulnerable to price fluctuations influenced by production and currency movements.

Key Takeaways

The global Organic Sesame Seed Market Trend is expected to witness high growth on account of rising health awareness among consumers and growing demand for chemical-free food products worldwide.

Regionally, Asia Pacific dominates the global organic sesame seed market and is expected to grow at a high rate over the forecast period led by major producers like India and China.

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.

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