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As we speak now Sesame seed is in hot demand globally. Sesame seeds are the vital cash crop that comes from the sesame Indium plant. The oil-rich seeds have proven to be used in ancient medicine for more than a thousand years. They are also a good source of fiber and a nutritious source of protein. Sesame seeds (Sesamum indicum) are majorly cultivated in tropical and subtropical regions of Asia and Africa.
The sesame seed market is segmented into white, black, and brown. The black sesame seeds are rich in calcium, have a strong flavor, and are crunchier than the white sesame seed.
Currently, the standard international price of the commodity is 1075 united state dollars per metric tonne. However, in some instances, the price may slightly vary but at the moment it is within the range of 1075 to 1050 united states dollars.
Sesame Seed Price Per Ton 2022
In 2019, the black sesame seed segment accounted for a large market share and is anticipated to grow.
The rising number of diabetic patients is anticipated to boost the market in the coming years. Increasing consumption of sesame seeds in the form of pet products is also stimulating market growth.
In 2019, the bakery & confectionery products segment contributed a significant market share. The cosmetics segment is expected to grow at a robust rate owing to the growing demand for organic/natural cosmetics across the globe. and other applications of sesame seeds.
On the basis of geographical locations, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific market dominated the market share and is speculated to continue the trend during the forecast period. The presence of major manufacturers in the region and the rising prevalence of diabetes and high cholesterol issues is driving the sales of sesame seeds in this market region.
The global sesame market is projected to grow at a CAGR of 2.2 percent over the forecast period 2021 to 2026.
The ongoing COVID-19 pandemic compelled consumers to rethink their consumption patterns. This has created an opportunity for sesame seeds as ingredients for various food and personal care products in the future years 2020. The market is anticipated to grow. However, the trade disruptions have created a decline.
However, there is a growing appetite for healthy ingredients such as sesame seed in diets among consumers.
The growing demand for superfoods among health-conscious consumers is driving the demand for the market. However, price fluctuations and allergies are holding back the growth of sesame seeds according to a report by the American Soybean Association.
The global market for sesame seeds is expected to grow at a rapid rate over the next five years. The drivers are consumption patterns and increasing health awareness, increasing demand across nations, and advancements in terms of hybrids. Market restraints include international price fluctuations, strong international competition, and salmonella risk.
The market is segmented by geography into North America, Europe, Asia-Pacific, South America, Middle East, and Africa.
North America is one of the Major Consumers of Sesame Seeds For export purposes, Sesame is sold in Metric Tonnes. However, it could be sold in kilograms locally depending on the delivery destination. Currently, the standard international price of the commodity is 1075 united state dollars per metric tonne. However, in some instances, the price may slightly vary but at the moment it is within the range of 1075 -to 1050 united states dollars.
WATCH FULL VIDEO BELOW: Sesame Seed Price, Top Import & Export countries 2021
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Conclusion
Sesame seeds are the vital cash crop that comes from the sesame Indium plant. The oil-rich seeds have proven to be used in ancient medicine for more than a thousand years. Increasing consumption of sesame seeds in the form of pet products is also stimulating market growth. The global sesame market is projected to grow at a CAGR of 2.2 percent over the forecast period 2021-2026. The ongoing COVID-19 pandemic compelled consumers to rethink their consumption patterns. North America is one of the Major Consumers of Sesame Seeds.
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