The Asia-Pacific sesame seed market was valued at US$ 8,503.4 million in 2018 and is expected to grow at a CAGR of 3.0% from 2019 to 2027 to reach US$11,105.7 million by 2027.
Sesame seeds are the most lucrative and healthy seeds that are predominantly grown in the Asia-Pacific region. In Asia-Pacific region India and China are known as sesame seeds, large-scale export, and production destinations. Sesame seeds are flat, small, creamy-white seeds in appearance with the outer husk removed (hulled). These seeds are used in baking industries for products such as bun decoration, and baked snacks. Sesame seed contains water-soluble and oil-soluble antioxidants such as sesaminol, sesamin, sesamolin, and sesaminolglucosides that are essential ingredients for better health.Changing consumer consumption patterns and rising health awareness has resulted in a higher demand for sesame seeds. Numerous health benefits presented by sesame seed oil, such as it balances hormones, protects heart health, helps prevents diabetes, cancer prevention and improves blood pressure and have led to the growth of sesame seed market. Also, the healthy growth rate enjoyed by the bakery and the confectionery industry in these countries has supported the Asia-Pacific sesame seed market.The growing demand for organic and natural ingredients by the personal care industry has impacted the sesame seed market positively. Apart from this, sesame seeds are also used in animal feed products, especially in livestock and poultry, due to the presence of high-levels of proteins. Thus, the wide applications of processed or raw sesame seeds in various industries are expected to drive the sesame seed market during the forecast period.
Asia-Pacific Sesame Seed Market
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Market Insights
Increasing demand for sesame seed in bakery and confectionery industry
The use of several types of oilseeds, including sesame seeds, in bakery products has gained popularity since the last few years. Moreover, the demand for sesame seeds for both for their nutritional and organoleptic characteristics is rising exponentially in several on-to-go bakery products such as bread, cakes, pastries, buns, and many others .Sesame seeds can be incorporated crushed or whole, or can be pressed to extract oil; the health benefits vary with the form in which they are added. Hulled sesame seeds (white) are largely used in bakery products such as bread, breadstick, candies, and cookies; these are also used as garnish on vegetables or pasta. Black sesame seeds impart crunchy texture and nutty flavor to final product. Manufacturers operating in the bakery industry use black sesame to get color contrast in their products.
Color Insights
The Asia-Pacific sesame seed market based on color has been segmented white, black, and brown. The white sesame seed accounted for the largest share in the Asia-Pacific sesame seed market in 2018, whereas the market black sesame seed market is expected to grow at a higher CAGR during the forecast period.Black varieties of sesame seeds are mainly used in a variety of food applications such as read-to-eat food products, bakery products, and confectionery. The black sesame seeds are used in cosmetic application to combat a variety of skin and hair problems due to its high antioxidant properties. In addition to being, rich in antioxidants that can detoxify the skin, black sesame seeds have anti-inflammatory properties, iron, and vitamins B and E. Both the oil and the seeds of black sesame are adaptable to most skin types and are also safe for babies. These factors are propelling the growth of white sesame seed market.
Asia-Pacific Sesame Seed Market, by Color – 2018 & 2027
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Form Insights
The Asia-Pacific sesame seed market based on form has been segmented into whole seed and processed seed. In 2018, the processed seed segment dominated the Asia-Pacific sesame seed market and is expected to grow at fastest growth rate during the forecast period. Rising demand for processed sesame seed as a flavoring agent and taste modifiers in various food products such as burgers, biscuits, and bread is expected to influence the demand for processed sesame seed market over the forecast period. Additionally, escalating demand for food products made with nutritive ingredients such as roasted sesame seed, sesame seed oil, paste, and powder is projected to foster the demand for processed sesame seeds market.
Application Insights
The Asia-Pacific sesame seed market based on application has been segmented into ready-to-eat food products, bakery products, confectionery, cosmetics, pet food, others. In 2018, others application segment accounted for higher market share in the Asia-Pacific sesame seed market whereas the cosmetics segment is expected to grow at fastest growth rate during the forecast period.Sesame seeds and oils are used in various types of cosmetics products such as skin care products such as skin creams, moisturizers, and lip balm. Thus, the emerging demand for natural cosmetics is projected to boost the demand for sesame seeds in cosmetic applications over the forecast period.
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Asia Pacific Sesame Seed Market: Strategic Insights
Market Size Value in US$ 8,503.4 Million in 2018 Market Size Value by US$ 11,105.7 Million by 2027 Growth rate CAGR of 3.0% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Asia Pacific Sesame Seed Market: Strategic Insights
Market Size Value in | US$ 8,503.4 Million in 2018 |
Market Size Value by | US$ 11,105.7 Million by 2027 |
Growth rate | CAGR of 3.0% from 2019-2027 |
Forecast Period | 2019-2027 |
Base Year | 2019 |
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Speak to AnalystThe major players operating in the sesame seed market are Accura Group, DhavalAgri Exports, Ethics Organic ,Etico , Selet Hulling Plc, Shyam Industries, Sunopta Inc. among many others. The companies have been involved in implementing various strategies that have helped the growth of the company and in turn, have brought about various changes in the market. The major players are striving towards acquiring more customer base by launching new products and expanding their presence so as to acquire better market acquisition.
Asia-Pacific Sesame Seed Market – By Color
- White
- Black
- Brown
Asia-Pacific Sesame Seed Market – By Form
- Raw or Whole Seed
- Processed Seed
Asia-Pacific Sesame Seed Market – By Application
- Ready-to-Eat Food Products
- Bakery Products
- Confectionery
- Cosmetics
- Pet Food
- Other Applications
Company Profiles
- AccuraGroup
- DhavalAgri Exports
- Ethics Organic
- Selet Hulling Plc
- Shyam Industries
- SunOptaInc
- Etico
- Krishna India
- Sheetal Industries
- HL Agro Products Pvt. Ltd.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Color, Form, Application and Countries
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
Frequently Asked Questions
The major players operating in the APAC sesame seeds market are Accura Group, Dhaval Agri Exports, Ethics Organic , Etico , Selet Hulling Plc, Shyam Industries, Sunopta Inc. among many others. The major players in the sesame seeds market are focused on increasing their production capacity and global reach and consumer base.
In 2018, China contributed to the largest share in the APAC sesame seed market and was forecast to maintain its dominance over the forecast period. The growth of the sesame seed market in the country is primarily attributed to the increasing demand for from food processing companies. Moreover, the shifting trend of consumers’ health-consciousness in APAC region is also boosting the market growth at a greater extent. Many food processing companies prefer to include sesame seed in their products as they are abundant in calcium and zinc and these seeds help to strengthen the bones and prevent osteoporosis. Further, increasing production capacity of manufacturers is anticipated to increase the market growth during the forecast period.
Sesame seed oil offers antioxidant, antimicrobial, and anti-inflammatory properties, which make it an effective ingredient for cosmetic application. Oil extracted from sesame seed contains vitamin E, which can help protect skin cells from the damage caused by environmental factors, such as UV rays, pollution, and toxins. These seeds also contain several phenolic compounds, which give it its antioxidant and anti-inflammatory properties. Owing to these properties sesame seed oil is used in variety of cosmetic products such as moisturizers, lipstick and other makeup products, sunscreen products, skin cleansers, and hair products. Surging demand for organic and natural cosmetic and skin care products is propelling the demand for sesame seed in the cosmetic application.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Sesame Seed Market – By Color
1.3.2 Asia Pacific Sesame Seed Market – By Form
1.3.3 Asia Pacific Sesame Seed Market – By Application
1.3.4 Asia Pacific Sesame Seed Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Sesame Seed Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific PEST Analysis
4.3 Expert Opinion
5. Sesame Seed Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Sesame Seed in Bakery and Confectionery Industry
5.1.2 Rising Adoption of Efficient Seed Processing Equipment by Manufacturers
5.2 Market Restraints
5.2.1 Fluctuations in Prices of Sesame Seeds
5.3 Market Opportunities
5.3.1 Rising Preference for Convenience Food Composed of Organic Ingredients
5.4 Future Trends
5.4.1 Growing Demand From Animal Feed Industry
5.5 Impact Analysis of Drivers and Restraints
6. Sesame Seeds – Asia Pacific Market Analysis
6.1 Sesame Seed Market Overview
6.2 Sesame Seed Market –Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Asia Pacific Market Players Ranking
7. Sesame Seed Market Analysis – By Color
7.1 Overview
7.2 Sesame Seed Market, By Color (2018 and 2027)
7.3 White
7.3.1 Overview
7.3.1.1 White: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
7.3.2 White: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
7.4 Black
7.4.1 Overview
7.4.1.1 Black: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
7.4.2 Black: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
7.5 Brown
7.5.1 Overview
7.5.1.1 Brown: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
7.5.2 Brown: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
8. Sesame Seed Market Analysis – By Form
8.1 Overview
8.2 Sesame Seed Market, By Form (2018 and 2027)
8.3 Raw or Whole Seed
8.3.1 Overview
8.3.1.1 Raw or Whole Seed: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
8.3.2 Raw or Whole: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
8.4 Processed Seed
8.4.1 Overview
8.4.1.1 Processed Seed: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
8.4.2 Processed: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
9. Sesame Seed Market Analysis – By Application
9.1 Overview
9.2 Sesame Seed Market, By Application (2018 and 2027)
9.3 Ready-to-Eat Food Products
9.3.1 Overview
9.3.1.1 Ready-to-Eat Food Products: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
9.3.2 Ready-to-Eat Food Products: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
9.4 Bakery Products
9.4.1 Overview
9.4.1.1 Bakery Products: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
9.4.2 Bakery Products: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
9.5 Confectionery
9.5.1 Overview
9.5.1.1 Confectionery: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
9.5.2 Confectionery: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
9.6 Cosmetics
9.6.1 Overview
9.6.1.1 Cosmetics: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
9.6.2 Cosmetics: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
9.7 Pet Food
9.7.1 Overview
9.7.1.1 Pet Food: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
9.7.2 Pet Food: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
9.8 Other Applications
9.8.1 Overview
9.8.1.1 Other Applications: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
9.8.2 Other Applications: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
10. Sesame Seed Market – Country Analysis
10.1 Overview
10.1.1 APAC: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.2 APAC: Sesame Seed Market, by Country
10.1.2.1 China: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.2.1.1 China: Sesame Seed Market, by Color
10.1.2.1.2 China: Sesame Seed Market, by Form
10.1.2.1.3 China: Sesame Seed Market, by Application
10.1.2.1.4 China: Sesame Seed Market, by Type
10.1.2.2 India: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.2.2.1 India: Sesame Seed Market, by Color
10.1.2.2.2 India: Sesame Seed Market, by Form
10.1.2.2.3 India: Sesame Seed Market, by Application
10.1.2.2.4 India: Sesame Seed Market, by Type
10.1.2.3 Myanmar: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.2.3.1 Myanmar: Sesame Seed Market, by Color
10.1.2.3.2 Myanmar: Sesame Seed Market, by Form
10.1.2.3.3 Myanmar: Sesame Seed Market, by Application
10.1.2.3.4 Myanmar: Sesame Seed Market, by Type
10.1.2.4 Australia: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.2.4.1 Australia: Sesame Seed Market, by Color
10.1.2.4.2 Australia: Sesame Seed Market, by Form
10.1.2.4.3 Australia: Sesame Seed Market, by Application
10.1.2.4.4 Australia: Sesame Seed Market, by Type
10.1.2.5 New Zealand: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.2.5.1 New Zealand: Sesame Seed Market, by Color
10.1.2.5.2 New Zealand: Sesame Seed Market, by Form
10.1.2.5.3 New Zealand: Sesame Seed Market, by Application
10.1.2.5.4 New Zealand: Sesame Seed Market, by Type
10.1.2.6 Rest of APAC: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.2.6.1 Rest of APAC: Sesame Seed Market, by Color
10.1.2.6.2 Rest of APAC: Sesame Seed Market, by Form
10.1.2.6.3 Rest of APAC: Sesame Seed Market, by Application
10.1.2.6.4 Rest of APAC: Sesame Seed Market, by Type
11. Company Profiles
11.1 AccuraGroup
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 DhavalAgri Exports
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Ethics Organic
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Selet Hulling Plc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 Shyam Industries
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 SunOpta Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 Etico
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. White: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 3. Black: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 4. Brown: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 5. Raw or Whole: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 6. Processed: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 7. Ready-to-Eat Food Products: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 8. Bakery Products: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 9. Confectionery: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 10. Cosmetics: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 11. Pet Food: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 12. Other Applications: Sesame Seed Market – Revenue and Forecast to 2027 - By Nature (US$ Million)
Table 13. China: Conventional Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 14. China: Organic Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 15. China: Conventional Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 16. China: Organic Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 17. China: Conventional Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 18. China: Organic Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 19. China: Sesame Seed Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 20. India: Conventional Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 21. India: Organic Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 22. India: Conventional Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 23. India: Organic Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 24. India: Conventional Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 25. India: Organic Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 26. India: Sesame Seed Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 27. Myanmar: Conventional Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 28. Myanmar: Organic Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 29. Myanmar: Conventional Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 30. Myanmar: Organic Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 31. Myanmar: Conventional Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 32. Myanmar: Organic Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 33. Myanmar: Sesame Seed Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 34. Australia: Conventional Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 35. Australia: Organic Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 36. Australia: Conventional Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 37. Australia: Organic Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 38. Australia: Conventional Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 39. Australia: Organic Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 40. Australia: Sesame Seed Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 41. New Zealand: Conventional Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 42. New Zealand: Organic Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 43. New Zealand: Conventional Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 44. New Zealand: Organic Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 45. New Zealand: Conventional Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 46. New Zealand: Organic Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 47. New Zealand: Sesame Seed Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 48. Rest of APAC: Conventional Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 49. Rest of APAC: Organic Sesame Seed Market, by Color – Revenue and Forecast to 2027 (US$ Million)
Table 50. Rest of APAC: Conventional Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 51. Rest of APAC: Organic Sesame Seed Market, by Form – Revenue and Forecast to 2027 (US$ Million)
Table 52. Rest of APAC: Conventional Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of APAC: Organic Sesame Seed Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of APAC: Sesame Seed Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 55. Glossary of Terms, APAC Sesame Seed Market
LIST OF FIGURES
Figure 1. Sesame Seed Market Segmentation
Figure 2. Sesame Seed Market Segmentation – By Geography
Figure 3. Asia Pacific Sesame Seed Market Overview
Figure 4. Black Sesame Seed to Show Remarkable Traction During Forecast Period
Figure 5. China Held Largest Share of Asia Pacific Sesame Seed Market
Figure 6. Asia Pacific PEST Analysis
Figure 7. Expert Opinion
Figure 8. Sesame Seed Market Impact Analysis Of Driver And Restraints
Figure 9. Geographic Overview of Sesame Seed Market
Figure 10. Asia Pacific Sesame Seed Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Sesame Seed Market Revenue Share, by Color (2018 and 2027)
Figure 12. White: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Black: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Brown: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Sesame Seed Market Revenue Share, by Form (2018 and 2027)
Figure 16. Raw or Whole Seed: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. Processed Seed: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Sesame Seed Market Revenue Share, by Application (2018 and 2027)
Figure 19. Ready-to-Eat Food Products: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. Bakery Products: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Confectionery: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Cosmetics: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Pet Food: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Other Applications: Sesame Seed Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. APAC: Sesame Seed Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. APAC: Sesame Seed Market Revenue Share, by Key Country (2018 and 2027)
Figure 27. China: Sesame Seed Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. India: Sesame Seed Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Myanmar: Sesame Seed Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Australia: Sesame Seed Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. New Zealand: Sesame Seed Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Rest of APAC: Sesame Seed Market – Revenue and Forecast to 2027 (US$ Million)
The List of Companies - Asia Pacific Sesame Seed Market
- AccuraGroup
- DhavalAgri Exports
- Ethics Organic
- Selet Hulling Plc
- Shyam Industries
- SunOptaInc
- Etico
- Krishna India
- Sheetal Industries
- HL Agro Products Pvt. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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