Market Overview:
The global sesame paste market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy food products, increasing awareness about the health benefits of sesame paste, and growing popularity of Asian cuisine. The global sesame paste market is segmented on the basis of type into health sesame paste and cooked sesame paste. The health segment is projected to grow at a higher CAGR than the cooked segment during the forecast period. This can be attributed to increasing awareness about the health benefits of consuming unprocessed foods such as raw honey, unpasteurized milk, and unrefined oils. On the basis of application, the global sesame paste market is divided into seasoning and other applications.
Product Definition:
A thick, viscous sauce made from ground sesame seeds, used especially as a condiment or dip.
Health Sesame Paste:
Health sesame paste is a traditional food product, produced from sesame seeds. It has been used as an important functional ingredient in the preparation of various cuisines for centuries. Health sesame paste is a rich source of numerous nutritional ingredients such as vitamin E & B6, magnesium & iron which help to reduce blood pressure and improve heart health.
Cooked Sesame Paste:
Cooked sesame paste is a staple food in many countries of Asia. It has numerous uses in the preparation of different dishes. The most common way to use it is to add raw sesame paste in any dish that requires oil or butter for flavor and aroma purposes.
Application Insights:
The seasoning segment held the largest market share of more than 60% in 2017. The product is widely used as a flavor enhancer and preservative in various foods and bakery products such as soups, sauces, dressings, snacks, chocolates and ice creams. It is also used to add nutritional value to breakfast cereals. Growing demand for sesame paste in Asian countries including China Japan India Singapore Malaysia Thailand Vietnam will drive the global market over the forecast period.
Other applications include cosmetics natural food supplements (excluding infant formula) animal feed among others which collectively accounted for a smaller share of less than 20% in 2017 owing to low consumption rates compared with seasoning or direct consumption from food products such as breads rolls cakes pies etc.
Regional Analysis:
Europe was the largest market for global sesame paste, accounting for more than 35% of the total revenue in 2017. The region is expected to continue its dominance over the forecast period as well. Europe has a large number of manufacturers who follow good manufacturing practices and use natural ingredients while preparing their products. These factors are likely to contribute toward regional growth over the coming years.
Asia Pacific is anticipated to be one of the fastest-growing markets with a CAGR exceeding 6% from 2018 to 2030 owing to increasing product demand in countries like China, India, Japan and South Korea among others where there are large ethnic populations that traditionally consume sesame seeds on a regular basis along with other spices and flavorings as per their taste buds require it most often coupled with meat or fish as staple food item which contributes significantly toward overall economic value chain impact on local economies especially rural areas positively influencing overall market dynamics across various regions globally including North America, Latin America, Asia Pacific.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the sesame paste market.
- Rising awareness about the health benefits of sesame paste is fueling its demand among consumers.
- Growing popularity of Asian cuisine is propelling the growth of the global sesame paste market.
- The increasing use of sesame paste in bakery and confectionery items is contributing to its growth in the market.
- The rising trend of veganism is also boosting demand for plant-based protein sources, such as sesame paste, which are healthier alternatives to meat-based proteins
Scope Of The Report
Report Attributes
Report Details
Report Title
Sesame Paste Market Research Report
By Type
Health Sesame Paste, Cooked Sesame Paste
By Application
Seasoning, Other
By Companies
Haitoglou Bros, Prince Tahini, Al Wadi Al Akhdar, Dipasa, A.O. Ghandour & Sons, Sesajal, Mounir Bissat, Sunshine International Foods, Arrowhead Mills, Joyva
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Sesame Paste Market Report Segments:
The global Sesame Paste market is segmented on the basis of:
Types
Health Sesame Paste, Cooked Sesame Paste
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Seasoning, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Haitoglou Bros
- Prince Tahini
- Al Wadi Al Akhdar
- Dipasa
- A.O. Ghandour & Sons
- Sesajal
- Mounir Bissat
- Sunshine International Foods
- Arrowhead Mills
- Joyva
Highlights of The Sesame Paste Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Health Sesame Paste
- Cooked Sesame Paste
- By Application:
- Seasoning
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sesame Paste Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sesame paste is a condiment made from ground sesame seeds. It is used as a flavoring in many dishes, such as stir-fries and soups.
Some of the major companies in the sesame paste market are Haitoglou Bros, Prince Tahini, Al Wadi Al Akhdar, Dipasa, A.O. Ghandour & Sons, Sesajal, Mounir Bissat, Sunshine International Foods, Arrowhead Mills, Joyva.
The sesame paste market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sesame Paste Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Sesame Paste Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sesame Paste Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Sesame Paste Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Sesame Paste Market Size & Forecast, 2018-2028 4.5.1 Sesame Paste Market Size and Y-o-Y Growth 4.5.2 Sesame Paste Market Absolute $ Opportunity
Chapter 5 Global Sesame Paste Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Sesame Paste Market Size Forecast by Type
5.2.1 Health Sesame Paste
5.2.2 Cooked Sesame Paste
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sesame Paste Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Sesame Paste Market Size Forecast by Applications
6.2.1 Seasoning
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sesame Paste Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sesame Paste Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Sesame Paste Analysis and Forecast
9.1 Introduction
9.2 North America Sesame Paste Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Sesame Paste Market Size Forecast by Type
9.6.1 Health Sesame Paste
9.6.2 Cooked Sesame Paste
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Sesame Paste Market Size Forecast by Applications
9.10.1 Seasoning
9.10.2 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Sesame Paste Analysis and Forecast
10.1 Introduction
10.2 Europe Sesame Paste Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Sesame Paste Market Size Forecast by Type
10.6.1 Health Sesame Paste
10.6.2 Cooked Sesame Paste
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Sesame Paste Market Size Forecast by Applications
10.10.1 Seasoning
10.10.2 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Sesame Paste Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sesame Paste Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Sesame Paste Market Size Forecast by Type
11.6.1 Health Sesame Paste
11.6.2 Cooked Sesame Paste
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Sesame Paste Market Size Forecast by Applications
11.10.1 Seasoning
11.10.2 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Sesame Paste Analysis and Forecast
12.1 Introduction
12.2 Latin America Sesame Paste Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Sesame Paste Market Size Forecast by Type
12.6.1 Health Sesame Paste
12.6.2 Cooked Sesame Paste
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Sesame Paste Market Size Forecast by Applications
12.10.1 Seasoning
12.10.2 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Sesame Paste Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sesame Paste Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Sesame Paste Market Size Forecast by Type
13.6.1 Health Sesame Paste
13.6.2 Cooked Sesame Paste
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Sesame Paste Market Size Forecast by Applications
13.10.1 Seasoning
13.10.2 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sesame Paste Market: Competitive Dashboard
14.2 Global Sesame Paste Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haitoglou Bros
14.3.2 Prince Tahini
14.3.3 Al Wadi Al Akhdar
14.3.4 Dipasa
14.3.5 A.O. Ghandour & Sons
14.3.6 Sesajal
14.3.7 Mounir Bissat
14.3.8 Sunshine International Foods
14.3.9 Arrowhead Mills
14.3.10 Joyva