About Sesame Paste
Sesame paste is made from roasted or toasted sesame seeds. the sesame seeds are toasted until browned before making the paste, which results in a significantly different flavour and outcome. Sesame paste originated and is more widely used in Chinese culture. Because the sesame seeds are toasted, the outcome is a saucy paste that is darker in colour, nuttier and significantly stronger in flavour than tahini. It is used in different recipes in different cultures for dips, and dishes.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.5% |
The global market for Sesame paste is fragmented by key players owing to the rising demand for taste-enhancing ingredients in households and commercial purposes for serving the changing taste preferences of the consumers. The players should focus on clean label manufacturing and additives which provide longer shelf life for the product to grab the market share. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Sesame Paste market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Haitoglou Bros (Greece), Prince Tahini (Israel), Al Wadi Al Akhdar (Lebanon), Dipasa (Mexico), A.O. Ghandour and Sons (Lebanon), Sesajal (Mexico), Mounir Bissat (Lebanon), Sunshine International Foods (United States), Arrowhead Mills (United States), Joyva (United States) and Soom Foods (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Sesame Paste market by , Application (Household and Commercial) and Region.
On the basis of geography, the market of Sesame Paste has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging, the sub-segment i.e. Bottle will boost the Sesame Paste market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Sesame Paste market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Product Development, Clean Label Packaging, and Organic Ingredient Addition
Market Growth Drivers:
Rising Demand for the Texture and Taste Enhancing Ingredients with Organic Essence for Regional Recipes
Challenges:
Availability of Substitutes in Market
Restraints:
Side Effects from Sesame like Gastric Obstruction and Allergies
Opportunities:
Rising Demand for the Taste Enhancers in HoReCa Culture for Better Dish Qualities and Increasing preference of Ready to Eat Dishes with Premixes like Sesame Paste
Market Leaders and their expansionary development strategies
In April 2023, WACOT Limited, a member of the TGI Group, has recently entered into a Memorandum of Understanding (MoU) with the Centre for Dryland Agriculture (CDA) at Bayero University, Kano (BUK). The partnership will also facilitate groundbreaking research on sesame varieties and crop technologies and initiatives for afforestation and the restoration of indigenous plants and trees.
In August 2023, Seed + Mill, has announced the launch of a new organic spicy tahini product available in a squeeze bottle format. Seed + Mill’s organic spicy tahini features hulled and roasted sesame seeds, red hot chilli, sweet paprika and paprika extract. The offering is non-GMO, gluten-free and vegan and kosher-friendly.
Key Target Audience
Sesame Paste Manufacturer, Supplier/Distributor, Raw Material Manufacturer, Research Institutes, End-User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.