Sesame Seed Extract Market

Sesame Seed Extract Market Outlook (2024 to 2034)

The global sesame seed extract market size is expected to reach US$ 264.9 million in 2024 and has been forecast to increase at a CAGR of 6.1% to climb to US$ 476.8 million by the end of 2034.

Sesame has a 3,000-year-old history of being used in food and beverages. It is largely cultivated in the Indian subcontinent and some African countries. India, Myanmar, and Sudan are some of the leading producers of edible sesame seeds. Sesame contains a high oil content and has a rich nutty flavor. These characteristics are primarily responsible for the increasing sales of sesame seed extract products. Its rich flavor is the reason for its high use in the culinary world.

• East Asia is predicted to capture 25.2% of the global sesame seed extract market share by 2034.

The ever-increasing popularity of Chinese and Korean cuisines across the world is boosting the consumption of sesame oil. Growing awareness of health benefits associated with sesame is also contributing to their increasing consumption by fitness enthusiasts. Governments are also implementing supportive policies on sesame farming, which is set to increase its application areas. The rising trend of eating natural and organic food products and their growing use in cosmetics and nutraceuticals is anticipated to boost the sesame seed extract market over the coming years.

Report Attribute	Detail
Sesame Seed Extract Market Size (2024E)	US$ 264.9 Million
Forecasted Market Value (2034F)	US$ 476.8 Million
Global Market Growth Rate (2024 to 2034)	6.1% CAGR
South Korea Market Value (2034F)	US$ 13.9 Million
Organic Sesame Seed Extract Demand Growth (2024 to 2034)	6.4% CAGR
Key Companies Profiled	Sinuote Biotech; Sabinsa; Phyto Life Sciences; Alfa Chemistry; Borges International Group S.L.U.; Olympic Oils Limited; Cargill Inc.; Archer Daniels Midland Company; Associated British Foods Plc; American Vegetable Oils Inc.; Fuji Oil Holdings Inc.; Adams Group Inc.; Marico Limited; Ruchi Soya Industries Limited; Bunge Limited; The Adani Wilmar Ltd.; Dermalab; KEB; Premier Specialties; Provital.

Which Market Trends are Contributing to Increasing Popularity of Sesame Seed Extract?

“Organic and Clean-Label Trend Boosting Consumption of Pure Sesame Seed Extract”

The rising trend of health consciousness is increasing the demand for organic and clean-label products. More and more people nowadays prefer eating pure and organic food. Edible oil, an essential ingredient in cooking, is exhibiting increasing demand if derived from clod-pressed technology.

Sesame, due to its rich flavor and components is widely consumed in its cold-pressed form. Cold-pressed sesame seed oil extract is used to increase the flavor of salads. Sesame seed’s distinct taste is also boosting its consumption in the form of oil dressing.

“Sesame Oil Cake: High Protein Feed for Livestock and Aquatic Animals”

Sesame oil meal or oil cake, is a protein-rich by-product of oil extraction. The oil cake is widely consumed by the livestock industry. Farmers feed this high-protein oil cake to their poultry and other livestock animals. Unlike other seed oil cakes, sesame oil meal has a high concentration of protein and polyunsaturated fatty acid (PUFA) in it. The high presence of tocopherols and lignans makes them rich in oxidative stability.

Apart from farm animals, sesame oil cakes are also used as fish meal in aquaculture systems. Sesame’s protein combination similar to that of soybean meals, is increasing their utilization as feed in aquatic farming.

Which Factors is a Challenge Before Sesame Seed Extract Producers?

“Allergic Effects of Sesame Seed Extract Affecting its Consumption Growth”

• Food Allergy Research and Education states that sesame is the ninth most common food allergy among children and adults in the United States.

Side effects associated with the consumption of seed oils are expected to hamper the sales of sesame seed extracts to some extent. Sesame allergies are common in the United States and rising consumption of Chinese and Korean food products is contributing to its growth. Sesame seed extracts have the same allergic reactions, such as anaphylaxis, as observed with other food allergens. Apart from food products, sesame seed extracts are also used in cosmetic and skincare products, which can affect the user if they are allergic to sesame.

In Canada, sesame is labeled as an allergen. In Europe, sesame use in any packaged food product is identified as an ingredient or an unintended contaminant. In the United States, as per the ‘FASTER Act 2021’ food manufacturers are directed to list sesame as a potential allergen.

What Tactics Should Start-ups Come Up With in This Business?

“Niche Marketing Most Effective Marketing Approach for New Companies”

New companies entering the sesame seed extract market should employ a combination of strategies to stand out in the crowd. Niche marketing is one of the most effective strategies for start-ups to earn more. New companies should identify the major consumers of sesame seed extracts, such as food manufacturers, pharma companies, and cosmetic producers. New companies should meet the needs of these specific customer groups or collaborate with them for the introduction of innovative products. Thus, this targeted approach can boost the profits of new companies.

Country-wise Analysis

Western countries are widely consuming sesame seed products. The positive influence of Asian cuisine is directly reflected in the sales of sesame seed extracts in Western countries such as the United States and Canada.

• The United States is forecast to hold 73.1% of the North American market share by 2034.

China, Japan, and South Korea are all big consumers of sesame seed extracts. Chinese and Koreans use sesame seeds in every food product.

• China currently holds 71.3% of the East Asia market share.

Will Sesame Seed Extract Suppliers Earn Well in the United States?

“Rising Influence of Asian Cuisine Driving Sales of Sesame Seed Extract”

Attribute	United States
Market Value (2024E)	US$ 44.4 Million
Growth Rate (2024 to 2034)	5.2% CAGR
Projected Value (2034F)	US$ 73.9 Million

Sesame is widely produced in Oklahoma, Kansas, Texas, and Florida in the United States due to the warmer climate in these areas. The increasing Asian population in America is also contributing to the growing consumption of sesame seed extract products.

• According to a report by the United States Department of Commerce, around 24 million Asians alone or in combination are living in the United States.

Increasing consumption of Asian food especially Chinese cuisine, is boosting the sales of sesame oil in the United States. Sesame seed extracts are also finding high applications in nutraceuticals. Sesame seed extracts, rich in omega-3 and fatty acids, are set to exhibit healthy demand in the United States throughout the forecast period.

Why is South Korea Expected to Offer Potential Growth Opportunities for Sesame Seed Extract Providers?

“Widespread Use of Sesame and its By-Products in Food & Beverages”

Attribute	South Korea
Market Value (2024E)	US$ 6.8 Million
Growth Rate (2024 to 2034)	7.3% CAGR
Projected Value (2034F)	US$ 13.9 Million

• According to Statistics Korea, the production of sesame recorded 8,972 tons in 2023.

Rich history of sesame use in the country is generating profitable opportunities for sesame producers in Korea. Sesame oil can be called as the heart of Korean cuisine. Be it in the form of oil or whole Koreans make high use of sesame in their foods. The deeper and richer flavor of sesame oil compared to other oils increases its consumption in South Korea. Seasoning, sauces, or marinade sesame extract enhance the flavor of the dish.

Category-wise Analysis

The whole sesame seeds segment is set to account for higher demand compared to its oil counterpart. Prime reason behind this is sesame seed as a raw material is very affordable compared to its by-product oil. To churn out oil from sesame is a time-consuming and expensive process. High prices of sesame oil are lowering its consumption rates.

Why are Whole Sesame Seeds Widely Demanded?

“Nutritional Sesame Seeds Emerging as Functional Ingredient”

Attribute	Whole Sesame Seeds
Segment Value (2024E)	US$ 167 Million
Growth Rate (2024 to 2034)	6% CAGR
Projected Value (2034F)	US$ 299 Million

Sesame as a whole seed is in high demand across the globe. Sesame seeds are available in three ranges white, black, and brown. Sesame seeds are widely used in food and bakery products such as cakes, cookies, noodles, and soups. Farmers in African and Asian countries such as Sudan, India, and Myanmar prefer harvesting sesame as they can withstand unfavorable weather conditions. Furthermore, sesame seed’s nutritional value is increasing its use as a functional ingredient in various food products.

Why are Sales of Conventional Sesame Seed Extract High?

“Conventional Sesame Seed Extract Products More Affordable than Organic Ones”

Attribute	Conventional Sesame Seed Extract
Segment Value (2024E)	US$ 198 Million
Growth Rate (2024 to 2034)	5.9% CAGR
Projected Value (2034F)	US$ 353 Million

Growing influence of Asian food is driving the consumption of sesame seed extract products across the globe. The popularity of sesame seeds is increasing in Western countries too. Even though consumption of organic products is emerging as a notable sesame seed extract market trend, the sales of conventionally grown sesame are high. Conventional sesame seeds are more affordable and possess the same properties as those grown through organic method. Looking at their increasing applications in cosmetics, food, and nutraceuticals the market for sesame seed extracts is expected to exhibit high growth in the years ahead.

Competitive Landscape

Key players in the sesame seed extract industry are focused on expanding their portfolio by using several calculated tactics, such as new product launches, contractual deals, and mergers & acquisitions. Leading manufacturers are also utilizing advanced manufacturing technologies for the production of sesame by-products.

• In 2022, Seiwa Kasei Co. Ltd introduced 'SESAQUA', a 100% plant-derived skincare ingredient made from sesame.

Fact.MR provides detailed information about the price points of key producers of sesame seed extract positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.

Key Segments of Sesame Seed Extract Market Research

• By Nature :

  • Organic
  • Conventional

• By Form :

  • Whole
  • Oil

• By Seed Type :

  • White Sesame Seeds
  • Black Sesame Seeds
  • Red/Brown Sesame Seeds

• By End Use :

  • Food & Beverages
  • Foodservice
  • Retail/Household

• By Distribution Channel :

  • Business to Business
  • Business to Consumer

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa