The organic sesame seed has a nutty flavor and buttery texture that enhances the taste of a variety of foods. It is a great source of minerals like copper, calcium, manganese, magnesium, phosphorus, and fiber. Organic sesame seeds are now commonly used in hummus, tahini, halva or sesame snacks due to rising health consciousness among consumers. The organic sesame seeds are also rich in antioxidants that may support heart health and promote skin and bone health. It is gaining widespread popularity as an alternative to conventional sesame seeds.
The global Organic Sesame Seed Market is estimated to be valued at US$ 726.34 Mn in 2024 and is expected to exhibit a CAGR of 1.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends in the organic sesame seed market is the versatile use of sesame seeds in various food products. Emerging application areas include baked goods, seasonings & dressings, and ready meals & frozen desserts. Organic tahini and hummus are gaining increased consumer traction due to the nutrition profile and health associations of sesame seeds. Furthermore, the growing popularity of Asian cuisines has augmented the application scope of organic sesame seeds. Consumers are also attracted to its nutty texture and umami taste in snacks and baked goods. Leading food manufacturers are actively incorporating organic sesame into their product portfolio to capitalize on the health-conscious demographic.
Porter’s Analysis
Threat of new entrants: Low barriers to entry given low initial capital requirement but established organic certification process and global distribution channels raise entry barriers.
Bargaining power of buyers: Large retail chains and food manufacturers have greater bargaining power over suppliers due to their consolidated purchasing power.
Bargaining power of suppliers: Suppliers have moderate bargaining power given the fragmented supply base and limited global suppliers of certified organic sesame seeds.
Threat of new substitutes: Low threat as organic sesame seeds have unique nutritional profile and taste that are difficult to substitute in health-conscious food applications.
Competitive rivalry: Intense competition among existing players to expand market share through new product development, branding and certifications.
Key Takeaways
The Global Organic Sesame Seed Market Size is expected to witness high growth. The global Organic Sesame Seed Market is estimated to be valued at US$ 726.34 Mn in 2024 and is expected to exhibit a CAGR of 1.5% over the forecast period 2024 to 2031.
North America dominates the global organic sesame seed market currently due to high consumer awareness towards organic food products and changing lifestyle in countries like the US and Canada. Asia Pacific is projected to be the fastest growing market for organic sesame seeds during the forecast period. This is attributed to factors such as rising health consciousness, increasing disposable income, and expanding retail market in countries like India and China.
Key players:
Key players operating in the organic sesame seed market are Unilever, Conagra Brands, Bunge Limited, Wilmar International Ltd., Upfield Holdings BV, Cargill, Incorporated, Archer Daniels Midland Company (ADM), Fuji Oil Co., Ltd. ,Richardson International Limited. These companies are focusing on new product launches and geographic expansion to increase their market share in the organic sesame seed market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
