Sesame Meal Market Size, Share, Growth, and Industry Growth by Type (High Protein (above 45%) and Low Protein (45% and below)), By Application (Fertilizer, Food, and Others), Regional Forecast To 2031

Updated On: 01 April 2024

Sesame Meal Market REPORT OVERVIEW

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The global sesame meal market size was USD 1019.1 million in 2022 and is projected to touch USD 1306.58 million by 2031, exhibiting a CAGR of 2.8% during the forecast period.

 Sesame meal also known as sesame oil cake is a by-product of obtained after extraction of the oil. The composition of the meal depends upon the quality of the sesame seeds used and method used for processing. The meal has high-grade protein that is rich in methionine, cysteine, leucine, and arginine. It is fed to dairy cattle and livestock that may lead to production of soft butter. It is a valuable source of protein for animals especially poultry. It is becoming significantly important as a human food due to its high levels of Sulphur-containing amino acids.  

The growing demand for meal is attributed to the health benefits associated with the meal. It helps in controlling high cholesterol, diabetes, heart diseases, and many other health conditions. In agriculture industry, depending upon the method chosen to extract oil making it a valuable source of protein for animals. It also helps in pest resistance, improving seed retention, and high seed yield. Such benefits are expected to drive the demand for the market and propel the development.   

COVID-19 Impact: Halt on Operations to Lower Market Performance

The effects of the COVID-19 pandemic are already being felt on a global level, the global sesame meal market is noticeably influenced. In 2020, COVID-19 has had a negative impact on many markets. Several countries went into lockdown. With the sudden pandemic, all kinds of businesses observed disruptions. With many restrictions in the pandemic, different types of markets were negatively impacted. Disruptions in supply chains delayed the availability for the consumers. Sesame meal is a by-product of sesame oil and due to halting of operations, the operations to extract oil was also halted which did not produce any by-product. This affected the demand for the meal in agriculture sector as main demand for the product comes from agriculture sector.

LATEST TRENDS

"Adoption of Online Retail to Propel Market Development"

Growing trend for the online retail is projected to increase the growth of the global market. Awareness regarding benefits of sesame is also expected to drive the demand for its related products. The trend if e-commerce and online availability of such products is expected to lead the sales of the product.  Such uses of new alloys are expected to pose an opportunity for the market demand. It will increase the accessibility for farmers to buy the meal easily and can have the product easily. It will reduce the intermediaries that can result in a higher income for the farmers and can feed the livestock and poultry. The online retail is expected to pose opportunity for the market growth and development.     

Sesame Meal Market SEGMENTATION

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• By Type

Based on type; the market is divided into high protein (above 45%) and low protein (45% and below). 

High protein (above 45%) is the leading part of the type segment.

• By Application

Based on the application; the market is divided into feed, fertilizer, and others.

DRIVING FACTORS

"Demand from the Agriculture Industry to Help Market Development"

The global sesame meal market growth is estimated to rise due to rising demand from the agriculture industry. Sesame is one of the oldest crops in agriculture. It is used for nutritional and medicinal purposes of the livestock as it contains crude protein, amino acids, minerals, and polyunsaturated fatty acids.  Farmers use this meal to control diseases through fungicide applications and cultivational techniques. In recent years, farmers have been interested in cultivating crops in countries where meal is used for crop improvement. Such uses in agriculture is anticipated to drive the demand for the market.

"Various Applications of the Product to Enlarge Demand" 

The popularity of such meal also derives from humans as well. It is becoming increasingly popular as a human food due to its distinguished properties. Sesame flour and meal have a high content of amino acids that contains Sulphur that is used to fortify foods. It is used in diets of children that are suffering from kwashiorkor and also as a snack. There are number of ready-to-use infant foods that have sesame meal and also as methionine supplement to prepare fermented foods.  

RESTRAINING FACTORS

"Harmful Health Effects to Prevent Market Growth"

There are a number of factors that can push the growth of the market. Restraining factors such as harmful effects due to too much consumption of the meal can restrain the market growth. The meal is high in oil content and excess consumption can result in increase of body weight, skin rashes, irritations, hair loss, and can cause allergic reactions in people. Such a factors is expected to reduce the demand for the product in the market.

Sesame Meal Market REGIONAL INSIGHTS

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"North America to Dominate Market Owing to High Obesity Rates"

North America holds the largest part of the global sesame meal market share due to high demand increasing obesity amongst the population. The population of the region consider sesame as a healthy ingredient in their diets. High obesity rate in the countries of the region has propelled the adoption sesame and its products. They are also used in bakeries, packed foods, baking products, and also in beverages in American cuisine.

KEY INDUSTRY PLAYERS

"Key Players to Boost Demand Leading to Market Growth"

The report delivers information about the list of market players and their working in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Zhengkang Oil (China)
• ASB Group (India)
• HL Agro (India)
• Suminter India Organics (India)
• Hydrocolloids (Philippines)
• Wilmar International (Singapore)
• Takemoto Oil & Fat Co (Japan)
• Greenery Craft Co (Taiwan)
• San Mu Shih Ye Co (Taiwan)
• Anhui Yanzhuang (China)
• Jiaozuo Lierda (China)
• Royal Flour Mills (Sri Lanka)
• Allalkathi (India)

REPORT COVERAGE

This research profiles a report with widespread studies that take into an explanation of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.