Lucintel Forecasts Sesame Market to Reach $XX Billion by 2028

Market-Research

According to the recent study the sesame market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 2% to 4% from 2023 to 2028. Growth in this market is primarily driven by increasing inclination of the population towards a healthy diet, maintaining a healthy blood pressure level in the human body, and rising demand for various types of sesame seed.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in sesame market by type (white sesame seeds, black sesame seeds, and brown sesame seeds), application (bakery & confectionary products, pet foods, cosmetics, medicines, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Black sesame seeds market is expected to remain the largest segment during the forecast period.”

Based on type, the sesame market is segmented into white sesame seeds, black sesame seeds, and brown sesame seeds. Lucintel forecasts that the black sesame seeds market is expected to remain the largest segment due to because they rich in calcium, have a strong flavor, are crunchier, and are high in both oil-soluble and water-soluble antioxidants, which are beneficial for good health.

“Within the sesame market, the bakery & confectionary products segment is expected to remain the largest application”

Based on application the bakery & confectionary products segment is expected to witness the highest growth over the forecast period due to an increase in the adoption of sesame seeds in the bakery and snack products, increased health consciousness among the consumers, and rising incidences of high cholesterol, blood pressure, and diabetes.

“Asia pacific will dominate the sesame market in near future”

APAC will remain the largest region due to rise in the awareness of the health benefits of sesame seeds, the presence of major manufacturers in the region, and the rising prevalence of diabetes and high cholesterol issues.

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Major players of sesame market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SHYAM INDUSTRIES, Organic Spices, NOW Foods, Frontier Co-op, Raab Vitalfood, Dhaval Agri Exports, SunOpta, Ethics ORGANIC, Samruddhi Organic, Just Organik, and McCormick & Company are among the major sesame providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/sesame-market.aspx or helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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