Sesame Meal Market share, Market trends, and forecasts from 2024 to 2031.

Market Overview and Report Coverage

Sesame meal, also known as sesame cake or sesame seed meal, is a byproduct obtained after the extraction of oil from sesame seeds. It is rich in protein, fiber, and various essential nutrients, making it a valuable ingredient in animal feed and human consumption. The global sesame meal market is projected to experience a steady growth rate, with a compound annual growth rate (CAGR) of 2.80% during the forecasted period.
Several factors contribute to the positive outlook of the sesame meal market. Firstly, the growing awareness about the nutritional benefits and versatility of sesame meal is driving its demand as a healthy and sustainable ingredient in various food products. Additionally, the rising demand for plant-based protein alternatives, coupled with the increasing vegetarian and vegan population, is expected to propel the growth of the sesame meal market.
Furthermore, the expanding animal feed industry, driven by the rising consumption of meat and dairy products, is creating a significant demand for sesame meal as an animal feed ingredient. Sesame meal offers nutritional value and aids in improving the digestion and growth of livestock, thereby driving its usage in the feed industry.
Geographically, Asia Pacific is expected to dominate the sesame meal market due to the widespread cultivation of sesame seeds in countries like China and India. The region's growing population, increasing disposable income, and changing food consumption patterns are key factors contributing to the market's growth.
In conclusion, the sesame meal market is anticipated to witness promising growth in the coming years, driven by factors such as the increasing awareness of its nutritional benefits, rising demand for plant-based protein alternatives, and expanding animal feed industry. As the demand for healthy and sustainable food ingredients continues to rise, sesame meal is likely to find significant opportunities in both human consumption and animal feed applications.

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Market Segmentation
The Sesame Meal Market Analysis by types is segmented into:
• High Protein (above 45%)
• Low Protein (45% and below)

Sesame meal, a byproduct of sesame oil production, is categorized into two main market types based on its protein content. High protein sesame meal refers to the product with protein levels above 45%, making it a rich source of protein for various applications. On the other hand, low protein sesame meal contains protein levels of 45% and below. This type of meal is often used in applications where a lower protein content is desired or required. Both market types cater to different needs and find their usage in various industries.

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The Sesame Meal Market Industry Research by Application is segmented into:
• Feed
• Fertilizer
• Others

Sesame meal, a byproduct of sesame oil production, has various applications in markets such as feed, fertilizer, and others. In the feed industry, sesame meal is often used as a protein source in livestock feed, providing essential amino acids and enhancing animal growth. As a fertilizer, it acts as an organic amendment, enriching soil with nutrients and improving crop yields. Additionally, sesame meal finds application in various industries, including cosmetics and pharmaceuticals, owing to its antioxidant and medicinal properties, further expanding its market potential.

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In terms of Region, the Sesame Meal Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Sesame Meal market?
Emerging trends in the global sesame meal market include the increasing demand for plant-based protein sources due to rising health consciousness and dietary preferences, as well as the growing popularity of ethnic cuisines and flavors. Additionally, the adoption of sesame meal as a gluten-free alternative in bakery and confectionery products is boosting its consumption. Furthermore, the expanding use of sesame meal in animal feed due to its nutritional benefits and affordability is positively impacting market growth. Rising awareness about the health benefits of sesame meal, such as its high fiber and vitamin content, is further driving its market demand.

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Major Market Players
Zhengkangoil is one of the prominent players in the competitive sesame meal market. The company was established in 2002 and is based in China. They specialize in the production and distribution of sesame oil and sesame meal. With years of experience, Zhengkangoil has gained a strong foothold in the market and has a good reputation for its high-quality products.
ASB Group, another major player in the market, is based in Turkey. They have been operating since 2000 and are known for their wide range of agricultural products, including sesame meal. ASB Group has experienced significant growth in recent years due to their focus on product innovation and strong distribution network.
Suminter India Organics is an Indian-based company that has been operating since 2003. They are a leading supplier of organic sesame meal and have a strong presence in both domestic and international markets. Suminter India Organics has witnessed steady market growth due to the increasing consumer demand for organic food products.
Wilmar International, a Singapore-based company, is a major player in the global sesame meal market. They operate in several countries worldwide and have a diversified product portfolio that includes sesame meal. Wilmar International has a proven track record of market expansion and has been able to capture a significant market share due to its strong distribution network and focus on quality.
In terms of market growth, the sesame meal market has been experiencing steady growth over the years. Factors such as increasing awareness about the health benefits of sesame meal, rising consumer preference for plant-based protein sources, and the growing popularity of Asian cuisine in Western countries have contributed to the market's expansion.
The market size of the sesame meal industry is estimated to be around $XX billion globally. While specific sales revenue figures for the listed companies are not available, it is noteworthy that the sesame meal market is lucrative and offers ample growth opportunities for market players.
Overall, the competitive landscape of the sesame meal market comprises several key players, including Zhengkangoil, ASB Group, HL Agro, Suminter India Organics, Wilmar International, and others. These companies have made significant contributions to the market's growth and are expected to continue expanding their market presence in the coming years.

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