U.S. and Canada Sesame Seed Extract Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Country: (U.S. and Canada)
The sesame seed extract market in the United States and Canada is on track to witness significant expansion, according to a recent report outlining market trends and projections from 2024 to 2031. Valued at US$ 260 million in 2024, the market is projected to achieve a remarkable 7.0% compound annual growth rate (CAGR), reaching a valuation of US$ 430 million by the end of 2031.
Organic Food Ingredients Gain Traction
With a growing emphasis on health-conscious consumer choices, the demand for organic ingredients is experiencing a surge. Sesame seeds and seed oil, processed from natural and organic sources, are witnessing heightened demand due to their perceived health benefits. The market for organic sesame seeds is expected to witness substantial growth driven by the nutritional richness of tahini and its widespread use in various culinary applications.
Rise of Clean Label Products
Consumers are increasingly gravitating towards pure, naturally derived edible oils, leading to a rise in demand for clean label products. As consumer preferences shift towards healthier options, the consumption of sesame oil, extracted without preservatives or additives, is expected to soar, driven by the growing popularity of convenience and packaged foods.
Health Consciousness Driving Innovation
Amidst growing health consciousness, sesame oil is being recognized for its health benefits, particularly in baby food products and daily meals. Producers are innovating to offer nutritionally enriched edible oils, aligning with consumer preferences for nutrient-rich diets. The COVID-19 pandemic has further accelerated the adoption of health-promoting components, bolstering the market for sesame seed extract.
Expanding Demand from Livestock Industry
Sesame oil meal, a protein-rich byproduct, is gaining traction as a feed for livestock and poultry. With its high residual oil concentration obtained through mechanical extraction, sesame oil meal is emerging as a preferred protein source, particularly in aquaculture systems.
Challenges Amidst Allergen Concerns
Despite its nutritional benefits, concerns about sesame allergies are posing challenges to market growth. Sesame allergies are on the rise, particularly in the United States, prompting heightened awareness among consumers and regulators alike.
Country-wise Insights
The U.S. leads the sesame seed extract market in the region, commanding a significant market share of 82%. However, Canada is expected to witness faster expansion, with a projected value-based CAGR of 6.5% during the forecast period.
Category-wise Analysis
Conventionally farmed sesame seeds remain highly popular, accounting for 81.3% of the market value share in 2024. While organic farming offers long-term benefits, conventional farming continues to dominate due to cost considerations.
Foodservice Sector Driving Demand
The foodservice sector, integral to the region's economy, is a key driver of sesame seed extract demand. The rapid expansion of Quick Service Restaurants (QSRs), Full-Service Restaurants (FSRs), and hotels, coupled with growing tourism, is fueling demand for sesame seed extract in the U.S. and Canada.
Competitive Analysis
The U.S. and Canada sesame seed extract market is characterized by regional players, with companies focusing on product offerings for the food & beverage industry and the foodservice sector. Major players include Dipasa Group, McCormick & Company, Inc., AGT Food & Ingredients, Grain Millers, Inc., and The Hain Celestial Group.
U.S. & Canada Sesame Seed Extract Industry Research by Category
By Nature:
• Organic
• Conventional
By Form:
• Whole
o Hulled
o Un-hulled
• Oil
By Seed Type:
• White Sesame Seeds
• Black Sesame Seeds
• Red/ Brown Sesame Seeds
By End Use:
• Food & Beverage Industry
o Bakery & Confectionery
o Soups, Sauces & Dressings
o Tahini Halva
o Snacks & Meals
o Other Processed Food
• Foodservice Industry
• Retail/Household
• Other Non-food Uses
By Distribution Channel:
• Business to Business
• Business to Consumer
o Hypermarkets/Supermarkets
o Convenience Stores
o Specialty Stores
o Online Retail
By Country:
• United States
• Canada
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